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Global automotive inverter market size in 2018 and 2029, by technology (in million U.S. dollars)

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Source

Release date

2019

Region

Worldwide

Survey time period

2018

Supplementary notes

The abbreviation IGBT stands for insulated gate bipolar transistor and the abbreviation MOSFET stands for metal oxide semiconductor field effect transistor, according to the source.

In terms of value, the global automotive inverter market for MOSFET was valued $121.6 million in 2018 and is projected to reach $8.30 billion by 2029, registering a CAGR 47.05% during the forecast period 2019-2029.

Citation formats

Automotive inverter market by technology 2018 & 2029

Published by
Doris Dokua Sasu,
Jan 8, 2020
Insulated-gate bipolar transistors (IGBT) accounted for almost all of the global automotive inverter market in 2018. Between 2018 and 2029, however, the market for metal oxide semiconductor field effect transistors (MOSFET) automotive inverters is expected to grow rapidly from million U.S. dollars worldwide to roughly *** billion U.S. dollars. The market is mainly driven by the increasing use of electric vehicles, as battery electric vehicles require invertors for both charging and operation.
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