市場調查報告書
商品編碼
1372956
汽車電力電子市場 - 2018-2028 年全球產業規模、佔有率、趨勢、機會與預測,按設備類型、按應用、推進類型、車輛類型、地區、競爭細分Automotive Power Electronics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Device Type, By Application, By Propulsion Type, By Vehicle Type, By Regional, Competition |
2022 年全球汽車電力電子市場價值為 33 億美元,預計到 2028 年預測期內將實現強勁成長,年複合成長率為 4.6%。全球汽車電力電子市場是汽車行業中一個充滿活力且快速發展的領域。電力電子技術是指固態電子技術在各種汽車系統中用於電能控制和轉換的應用。由於影響需求、技術進步和行業動態變化的幾個關鍵因素,該市場經歷了顯著的成長和轉型。全球汽車電力電子市場的主要驅動力之一是電動和混合動力汽車(EV 和 HEV)的日益普及。隨著汽車產業轉向更永續和環保的運輸解決方案,電力電子在這些車輛的推進和能源管理系統中發揮關鍵作用。隨著汽車製造商努力提高電動車和混合動力車的效率和性能,對逆變器和轉換器等電力電子元件的需求激增。隨著世界各國政府推出更嚴格的排放法規和電動車採用激勵措施,這一趨勢預計將持續下去。此外,先進駕駛輔助系統(ADAS) 和車載資訊娛樂系統的日益整合也推動了對汽車電力電子產品的需求。 ADAS 系統依靠電力電子設備來實現防撞、自適應巡航控制和自動停車等功能。這些功能提高了車輛安全性和駕駛員便利性,推動了市場的成長。隨著消費者對車輛連接性和便利性的期望不斷提高,電力電子技術將繼續在提供現代汽車系統所需的功能和性能方面發揮關鍵作用。汽車電氣化的持續趨勢和自動駕駛汽車的發展進一步推動了對電力電子產品的需求。電動車中的電動動力系統以及自動駕駛汽車中複雜的感測器和控制系統在很大程度上依賴電力電子技術來實現高效的能源管理和精確控制。隨著汽車製造商投資研發,將電動車和自動駕駛汽車推向市場,汽車電力電子市場將經歷持續成長。此外,電力電子技術對提高傳統內燃機(ICE)車輛的燃油效率做出了巨大貢獻。啟停系統依靠電力電子元件,在車輛靜止時自動關閉引擎並在需要時重新啟動。隨著汽車製造商尋求滿足嚴格的燃油效率和排放標準,該技術已被廣泛採用。因此,電力電子技術在傳統汽車和電動車中發揮雙重作用,使其成為尋求改善環境績效的關鍵組成部分。全球汽車電力電子市場競爭激烈、技術創新激烈。領先的汽車電子製造商和供應商不斷投資於研發,以推出更有效率、更緊湊的電力電子解決方案。電力電子元件的效率提高和小型化有助於降低能耗、更好的熱管理和整體車輛性能的增強。然而,熱管理和可靠性等挑戰仍然是汽車電力電子市場的重大問題。電力電子元件在運作過程中會產生熱量,因此需要高效的冷卻和熱管理解決方案。克服這些挑戰對於確保車輛電力電子系統的長期可靠性和耐用性至關重要。總之,全球汽車電力電子市場是汽車產業轉型為電氣化、互聯化和自動化的動態和不可或缺的一部分。隨著汽車製造商和消費者越來越重視永續性、安全性和性能,對電力電子解決方案的需求可望持續成長。技術進步和產業參與者之間的競爭將繼續推動該市場的創新,塑造汽車電力電子的未來。
主要市場促進因素
汽車電氣化
市場概況 | |
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預測期 | 2024-2028 |
2022 年市場規模 | 33億美元 |
2028 年市場規模 | 42.9億美元 |
2023-2028 年年複合成長率 | 4.60% |
成長最快的細分市場 | 動力總成 |
最大的市場 | 亞太 |
全球汽車電力電子市場的主要驅動力之一是車輛的電氣化。近年來,向電動和混合動力電動車(EV 和 HEV)的轉變勢頭強勁。隨著汽車製造商尋求減少溫室氣體排放、滿足嚴格的燃油效率標準並提供傳統內燃機的環保替代品,嚴重依賴逆變器、轉換器和馬達等電力電子元件的電動動力系統變得越來越普遍。 (ICE)車輛。隨著世界各國政府推出更嚴格的排放法規並為電動車的採用提供激勵措施,電動車和混合動力車對電力電子產品的需求預計將繼續成長。
Global Automotive Power Electronics Market has valued at USD 3.3 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 4.6% through 2028. The global automotive power electronics market is a dynamic and rapidly evolving sector within the automotive industry. Power electronics refers to the application of solid-state electronics for the control and conversion of electrical energy in various automotive systems. This market has experienced significant growth and transformation due to several key factors influencing demand, technological advancements, and shifting industry dynamics. One of the primary drivers of the global automotive power electronics market is the growing adoption of electric and hybrid vehicles (EVs and HEVs). As the automotive industry transitions toward more sustainable and eco-friendly transportation solutions, power electronics play a pivotal role in the propulsion and energy management systems of these vehicles. The demand for power electronics components, such as inverters and converters, has surged as automakers strive to improve the efficiency and performance of EVs and HEVs. This trend is expected to continue as governments worldwide introduce stricter emissions regulations and incentives for electric vehicle adoption. Additionally, the increasing integration of advanced driver assistance systems (ADAS) and in-vehicle infotainment systems has driven the demand for automotive power electronics. ADAS systems rely on power electronics for functions like collision avoidance, adaptive cruise control, and automated parking. These features enhance vehicle safety and driver convenience, fueling the market's growth. As consumers' expectations for connectivity and convenience in vehicles rise, power electronics will continue to play a crucial role in delivering the functionality and performance required for modern automotive systems. The ongoing trend toward vehicle electrification and the development of autonomous vehicles are propelling the demand for power electronics further. Electric powertrains in EVs, as well as the sophisticated sensor and control systems in autonomous vehicles, rely heavily on power electronics for efficient energy management and precise control. As automakers invest in research and development to bring electric and autonomous vehicles to market, the automotive power electronics market will experience sustained growth. Moreover, power electronics contribute significantly to improving fuel efficiency in traditional internal combustion engine (ICE) vehicles. Start-stop systems, which automatically turn off the engine when the vehicle is stationary and restart it when needed, rely on power electronics components. This technology has gained widespread adoption as automakers seek to meet stringent fuel efficiency and emissions standards. Consequently, power electronics have a dual role in both conventional and electrified vehicles, making them a critical component in the quest for improved environmental performance. The global automotive power electronics market is characterized by intense competition and technological innovation. Leading automotive electronics manufacturers and suppliers are continually investing in research and development to introduce more efficient and compact power electronics solutions. Efficiency improvements and miniaturization of power electronics components contribute to reduced energy consumption, better thermal management, and overall vehicle performance enhancements. However, challenges such as thermal management and reliability remain significant concerns in the automotive power electronics market. Power electronics components generate heat during operation, necessitating efficient cooling and thermal management solutions. Overcoming these challenges is essential to ensure the long-term reliability and durability of power electronics systems in vehicles. In conclusion, the global automotive power electronics market is a dynamic and integral part of the automotive industry's transformation toward electrification, connectivity, and automation. As automakers and consumers increasingly prioritize sustainability, safety, and performance, the demand for power electronics solutions is poised for sustained growth. Technological advancements and competition among industry players will continue to drive innovation in this market, shaping the future of automotive power electronics.
Key Market Drivers
Electrification of Vehicles
Market Overview | |
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Forecast Period | 2024-2028 |
Market Size 2022 | USD 3.30 Billion |
Market Size 2028 | USD 4.29 Billion |
CAGR 2023-2028 | 4.60% |
Fastest Growing Segment | Powertrain |
Largest Market | Asia-Pacific |
One of the primary drivers of the global automotive power electronics market is the electrification of vehicles. The shift toward electric and hybrid electric vehicles (EVs and HEVs) has gained significant momentum in recent years. Electric powertrains, which rely heavily on power electronics components such as inverters, converters, and electric motors, are becoming more prevalent as automakers seek to reduce greenhouse gas emissions, meet stringent fuel efficiency standards, and offer eco-friendly alternatives to traditional internal combustion engine (ICE) vehicles. The demand for power electronics in EVs and HEVs is expected to continue growing as governments worldwide introduce stricter emissions regulations and provide incentives for electric vehicle adoption.
Advanced Driver Assistance Systems (ADAS)
The increasing integration of advanced driver assistance systems (ADAS) is driving the demand for automotive power electronics. ADAS systems rely on power electronics for functions such as adaptive cruise control, collision avoidance, lane-keeping assistance, and automated parking. These systems enhance vehicle safety by providing real-time data and control over various vehicle functions. As consumers and regulators prioritize safety features, the automotive industry is witnessing a rapid deployment of ADAS technologies, contributing to the growth of the power electronics market.
In-Vehicle Infotainment Systems
In-vehicle infotainment systems have become a standard feature in modern vehicles, offering entertainment, connectivity, and navigation services to drivers and passengers. Power electronics components, including microprocessors, display controllers, and power management units, are essential for the operation of these systems. As consumers' expectations for connectivity and convenience in vehicles rise, the demand for power electronics in infotainment systems continues to grow. The integration of advanced infotainment features, such as touchscreens, voice recognition, and smartphone integration, further amplifies the role of power electronics in enhancing the user experience.
Vehicle Electrification Efforts
Automakers worldwide are investing heavily in vehicle electrification efforts, driven by both environmental and market considerations. As they develop electric powertrains for EVs and HEVs, power electronics become a critical component for energy conversion and management. Power electronics are responsible for controlling the flow of electricity from the battery to the electric motor, ensuring optimal performance and efficiency. Automakers' commitment to vehicle electrification is a significant driver of the global automotive power electronics market.
Autonomous Driving Technologies
The development of autonomous driving technologies is another major driver of the automotive power electronics market. Autonomous vehicles rely on a complex network of sensors, radar systems, cameras, and LiDAR (Light Detection and Ranging) to perceive their surroundings and make real-time decisions. Power electronics play a crucial role in the control and processing of data from these sensors, enabling safe and reliable autonomous operation. As autonomous vehicles move closer to commercial deployment, the demand for power electronics in this segment is poised for substantial growth.
Fuel Efficiency Improvements in ICE Vehicles
Power electronics also contribute significantly to improving fuel efficiency in traditional internal combustion engine (ICE) vehicles. Start-stop systems, which automatically turn off the engine when the vehicle is stationary and restart it when needed, rely on power electronics components. This technology has gained widespread adoption as automakers seek to meet stringent fuel efficiency and emissions standards. Power electronics components are essential for ensuring smooth and efficient engine restarts, reducing fuel consumption, and lowering emissions.
Environmental Regulations and Sustainability Goals
Environmental regulations and sustainability goals set by governments and international organizations are driving automakers to develop more fuel-efficient and eco-friendly vehicles. Power electronics are instrumental in achieving these objectives by optimizing energy consumption, minimizing emissions, and enhancing the overall environmental performance of vehicles. The pressure to meet these regulatory requirements and address sustainability concerns acts as a strong driver for the integration of advanced power electronics solutions in automobiles.
Miniaturization and Integration of Components
Advancements in power electronics technology have led to the miniaturization and integration of components, resulting in more compact and efficient systems. These advancements are not only crucial for enhancing vehicle performance but also for freeing up space within the vehicle for other purposes, such as interior design and passenger comfort. Smaller and integrated power electronics components contribute to improved energy efficiency and reduced weight, further reinforcing their role as key drivers of the market.
Competitive Landscape and Technological Innovation
The competitive landscape within the automotive power electronics market is intense, with leading manufacturers and suppliers continually investing in research and development to introduce more efficient and compact power electronics solutions. This commitment to innovation results in efficiency improvements, cost reductions, and the development of new power electronics technologies. As competition among industry players intensifies, technological advancements will continue to drive growth and shape the future of the global automotive power electronics market.
Key Market Challenges
Thermal Management
Thermal management is a critical challenge in the automotive power electronics market. Power electronics components generate heat during operation, which can reduce their efficiency and lifespan if not properly managed. Effective cooling systems, heat sinks, and thermal interface materials are essential to dissipate heat and maintain optimal operating temperatures. Managing heat becomes even more crucial in electric vehicles (EVs) and hybrid electric vehicles (HEVs) where power electronics components are subject to high continuous loads. Finding efficient and reliable thermal management solutions while maintaining cost-effectiveness is a significant challenge for manufacturers.
Reliability and Durability
Ensuring the reliability and durability of power electronics components is another significant challenge. Power electronics systems must operate flawlessly over an extended period to meet the high standards of automotive safety and performance. Components are exposed to harsh environmental conditions, including temperature variations, humidity, and vibration, which can accelerate wear and tear. Ensuring that power electronics components can withstand these conditions and continue to function reliably throughout a vehicle's lifespan is a complex engineering challenge.
Electromagnetic Interference (EMI)
Electromagnetic interference (EMI) poses a considerable challenge in the automotive power electronics market. Power electronics systems generate electromagnetic radiation that can interfere with other electronic systems within the vehicle, potentially leading to malfunctions or safety risks. Minimizing EMI through shielding and filtering techniques is critical, but it adds complexity and cost to power electronics designs. Striking the right balance between EMI mitigation and cost-effectiveness is a significant challenge for manufacturers.
High Development Costs
The development of advanced power electronics components and systems requires substantial research and development investments. Manufacturers must invest in cutting-edge technology, testing, and validation to meet the demanding performance and safety standards of the automotive industry. The high development costs can be a barrier to entry for smaller companies and startups, limiting competition and innovation within the market.
Supply Chain Disruptions
The global automotive power electronics market is susceptible to supply chain disruptions, which can impact the availability of critical components and materials. Factors such as geopolitical tensions, natural disasters, and unforeseen events like the COVID-19 pandemic can disrupt the supply chain, leading to production delays and increased costs. Manufacturers must carefully manage their supply chains, diversify sourcing options, and develop contingency plans to mitigate the impact of supply chain disruptions.
Standardization Challenges
Standardization within the automotive power electronics market can be a double-edged sword. While standardization can promote interoperability and reduce development costs, it can also stifle innovation and differentiation among manufacturers. Achieving a balance between standardized components and systems and the need for innovation and customization is a challenge that the industry must address. Moreover, global variations in regulatory standards and requirements complicate the standardization process.
Shortage of Skilled Workforce
The development and maintenance of power electronics systems require a skilled workforce with expertise in electrical engineering, electronics, and thermal management. However, there is a shortage of qualified professionals with the specialized knowledge required to design, test, and troubleshoot power electronics components and systems. This shortage of skilled workers can hamper the industry's ability to innovate and meet growing demand.
Complexity of System Integration
The integration of power electronics systems into modern vehicles is a complex undertaking. These systems must seamlessly interact with other vehicle components, including the engine, transmission, battery, and various sensors. Achieving compatibility, optimal performance, and safety in a rapidly evolving technological landscape is challenging. Furthermore, as vehicles become more connected and autonomous, the complexity of system integration increases, demanding advanced software and hardware solutions.
Cybersecurity Concerns
With the increasing connectivity of vehicles, cybersecurity has become a significant concern in the automotive power electronics market. Ensuring the security of power electronics systems and preventing unauthorized access is critical to protect vehicle safety and user data. As vehicles become more reliant on software and communication networks, they become potential targets for cyberattacks. Developing robust cybersecurity measures while maintaining system performance and functionality is a challenging balancing act.
Cost Pressure
Cost pressures are a perennial challenge in the automotive industry, including the power electronics segment. Automakers and consumers alike seek cost-effective solutions that offer value for money. However, the development and production of high-quality power electronics components can be expensive. Striking the right balance between cost efficiency and maintaining product quality, reliability, and safety is a continuous challenge for manufacturers.
Key Market Trends
Electrification of Vehicles
The electrification of vehicles, including electric vehicles (EVs) and hybrid electric vehicles (HEVs), is a dominant trend in the automotive power electronics market. Automakers are investing heavily in electric powertrains to meet stringent emissions regulations and consumer demand for eco-friendly transportation options. Power electronics are at the heart of these electric powertrains, converting and managing electrical energy for propulsion. This trend is expected to accelerate as governments worldwide introduce stricter emissions standards and incentives for electric vehicle adoption.
High-Voltage Systems
As EVs become more prevalent, there is a trend toward high-voltage systems in the automotive power electronics market. High-voltage systems offer several advantages, including increased efficiency, reduced energy losses, and the ability to deliver more power to the electric motor. These systems require specialized power electronics components such as high-voltage inverters and converters. Manufacturers are developing innovative solutions to meet the growing demand for high-voltage power electronics.
Advanced Battery Management
Battery management systems (BMS) are a critical component of electric and hybrid vehicles, and they rely heavily on power electronics for monitoring and control. The trend in battery management is toward more advanced and intelligent systems that optimize battery performance, extend battery life, and ensure safe operation. Power electronics play a crucial role in managing battery charging and discharging, balancing individual cells, and providing real-time data to improve battery efficiency.
Energy Recovery Systems
Energy recovery systems, such as regenerative braking, are gaining prominence in the automotive power electronics market. These systems capture and store energy during deceleration and braking, then use it to assist the vehicle during acceleration, reducing energy consumption and improving fuel efficiency. Power electronics components, including inverters and converters, facilitate the seamless operation of these energy recovery systems, enhancing overall vehicle performance.
SiC and GaN Semiconductor Adoption
Silicon carbide (SiC) and gallium nitride (GaN) semiconductors are gaining traction in the automotive power electronics market. These advanced semiconductor materials offer higher efficiency, faster switching speeds, and improved thermal performance compared to traditional silicon-based semiconductors. As automakers seek to maximize the efficiency of electric powertrains and reduce energy losses, the adoption of SiC and GaN semiconductors is expected to increase.
Integration of Multiple Functions
To optimize space, weight, and cost, there is a trend toward integrating multiple functions into a single power electronics module. These integrated modules combine inverters, converters, and other power electronics components, streamlining the design and manufacturing processes. Integrated solutions help reduce complexity, save space, and improve overall system efficiency in electric and hybrid vehicles.
Wireless Charging Systems
Wireless charging systems for electric vehicles are gaining momentum in the market. These systems use power electronics to transfer electrical energy wirelessly from a charging pad to the vehicle's battery. The convenience of wireless charging is driving its adoption, particularly in urban areas where charging infrastructure is expanding. Power electronics are essential for efficiently managing wireless charging systems and ensuring safe and reliable energy transfer.
Autonomous Driving Technologies
The development of autonomous driving technologies is influencing the role of power electronics in vehicles. Autonomous vehicles rely on advanced sensor systems, such as LiDAR and radar, which require precise power management and control. Power electronics enable the operation of these sensor systems, facilitating real-time data processing and decision-making for autonomous driving. As autonomous vehicles move closer to commercial deployment, the demand for power electronics in this segment is expected to grow.
Software-Centric Approach
The automotive industry is adopting a more software-centric approach, emphasizing the role of software in power electronics systems. Software controls various aspects of power management, energy distribution, and safety in electric and hybrid vehicles. Manufacturers are investing in advanced software solutions to optimize power electronics performance, enable over-the-air updates, and enhance cybersecurity.
Environmental Sustainability
Environmental sustainability is a pervasive trend influencing the global automotive power electronics market. As consumers and regulators prioritize eco-friendly transportation solutions, power electronics play a critical role in achieving sustainability goals. Manufacturers are developing power electronics components and systems that minimize energy consumption, reduce emissions, and enhance the overall environmental performance of vehicles. This trend aligns with global efforts to combat climate change and reduce the carbon footprint of the automotive industry.
Increased Connectivity
The growing demand for connectivity in vehicles is influencing power electronics systems. Connected vehicles rely on power electronics for various functions, including communication, data processing, and entertainment. The integration of advanced connectivity features, such as 5G connectivity and vehicle-to-everything (V2X) communication, requires power electronics to manage data transmission and processing efficiently.
Segmental Insights
Device Type Insights
The global Automotive Power Electronics market is segmented based on the type of device used. Power ICs, power modules, and power discrete devices are the primary divisions. Power ICs have been the dominant segment due to their extensive use in powertrain and safety applications. However, the power modules segment is expected to witness substantial growth owing to their increasing use in electric vehicles. Lastly, power discrete devices maintain a steady demand in the market due to their usage in a wide range of automotive applications.
Application Type Insights
Based on application type, the automotive power electronics market can be segmented into body electronics, chassis & powertrain, infotainment & telematics, and safety & security systems. Body electronics, infotainment, and telematics are expected to witness significant growth due to the increasing demand for luxury and comfort features in vehicles. Chassis and powertrain applications are also projected to show substantial growth, driven by the increasing use of electric vehicles and the need for efficient power management systems. Safety and security systems, underpinned by advanced driver assistance systems (ADAS), represent a key growth area due to heightened consumer and regulatory focus on vehicle safety.
Regional Insights
The global Automotive Power Electronics market is influenced by a variety of regional factors. In North America, for instance, the market is primarily driven by the widespread adoption of electric vehicles, fueled by stringent government regulations concerning vehicle emissions. Europe, with its strong automotive industry, is a significant contributor, with Germany leading the pack in power electronics technology due to its robust automotive manufacturing sector. Meanwhile, Asia-Pacific is expected to display rapid growth, owing to increasing environmental awareness and growing demand for electric vehicles, particularly in China and India. Lastly, the Middle East and Africa, although currently holding a smaller market share, present promising potential with the progressive development of their automotive industries.
Infineon Technologies AG
Texas Instruments Incorporated
Renesas Electronics Corporation
NXP Semiconductors
STMicroelectronics
Microsemi Corporation
Vishay Intertechnology Inc.
Semiconductor Components Industries LLC
Toyota Industries Corporation
Valeo Group
In this report, the Global Automotive Power Electronics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below: