LAMEA Electric Vehicle Power Inverter Market Size to 2028

LAMEA Electric Vehicle Power Inverter Market Size, Share & Industry Trends Analysis Report By Inverter Type, By Propulsion, By Level of Integration, By Vehicle Type, By Distribution Channel (OEM and Aftermarket), By Country and Growth Forecast, 2022 - 2028

Published Date: September-2022 | Number of Pages: 114 | Format: PDF | Report ID: KBV-19668

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Market Report Description

The Latin America, Middle East and Africa Electric Vehicle Power Inverter Market would witness market growth of 11.2% CAGR during the forecast period (2022-2028).

Some rechargeable battery-powered gadgets would not charge with this kind, and some computer screens and printers may see interference patterns as a result. However, these inverters are ideal in order to operate an entire electric vehicle. An inverter of any kind can be useful for consumers who travel frequently. Long road trips, camping, business travel, over-the-road truck drivers, as well as other similar situations make these gadgets very essential.

Some electronics, including laptops and cell phones, can be used and charged through the car using 12v accessories that plug directly into accessory ports. Fuel economy and reduced emissions depend heavily on electronic power train control. The primary inverter transforms DC to AC at high voltage and current. The electric motor is managed by the primary inverter. A main inverter's electronics are optimally constructed to reduce switching losses and increase thermal efficiency.

In an effort to promote the use of electric vehicles (EVs) in Dubai, the Dubai Electricity and Water Authority (DEWA) has developed a website called the Dubai EV Community Hub. This is a component of DEWA's initiatives to promote the usage of environmentally friendly transportation and strengthen Dubai's status as a global hub for sustainable development. The EV Community Hub website provides information on the most recent government initiatives, goals, incentives, and legislation that apply to EVs.

The Brazil market dominated the LAMEA Electric Vehicle Power Inverter Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $231 million by 2028. The Argentina market is experiencing a CAGR of 11.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 10.9% during (2022 - 2028).

Based on Inverter Type, the market is segmented into Traction Inverter and Soft Switching Inverter. Based on Propulsion, the market is segmented into Battery Electric Vehicle, Plug in Hybrid Vehicle, and Hybrid Vehicle. Based on Level of Integration, the market is segmented into Integrated Inverter System, Separate Inverter System, and Mechatronic Integration System. Based on Vehicle Type, the market is segmented into Passenger Vehicle and Commercial Vehicle. Based on Distribution Channel, the market is segmented into OEM and Aftermarket. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Electric Vehicle Power Inverter Market is Predict to reach $15.5 Billion by 2028, at a CAGR of 10.1%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Continental AG, Robert Bosch GmbH, Denso Corporation, Valeo SA, Mitsubishi Electric Corporation, Aptiv PLC, Toyota Industries Corporation, Nissan Motor Corporation and Marelli.

Scope of the Study

Market Segments Covered in the Report:

By Inverter Type

  • Traction Inverter
  • Soft Switching Inverter

By Propulsion

  • Battery Electric Vehicle
  • Plug in Hybrid Vehicle
  • Hybrid Vehicle

By Level of Integration

  • Integrated Inverter System
  • Separate Inverter System
  • Mechatronic Integration System

By Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

By Distribution Channel

  • OEM
  • Aftermarket

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Siemens AG
  • Continental AG
  • Robert Bosch GmbH
  • Denso Corporation
  • Valeo SA
  • Mitsubishi Electric Corporation
  • Aptiv PLC
  • Toyota Industries Corporation
  • Nissan Motor Corporation
  • Marelli

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Related Reports:

Global Electric Vehicle Power Inverter Market Report 2022-2028

North America Electric Vehicle Power Inverter Market Report 2022-2028

Asia Pacific Electric Vehicle Power Inverter Market Report 2022-2028

Europe Electric Vehicle Power Inverter Market Report 2022-2028

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