The Traditional Automobile was established more than a century ago. Over the decades, the automobile sector has constantly evolved from being mainly a matter of heavy mechanical systems to the integration of mechanical systems along with electronic controls. The main reason of this advancement is the emergence of power electronics technology and its possible incorporation at various levels in a vehicle. A basic application of power electronics is to control engines which are designed in the automotive for proper controlling and conversion of power. Power electronics technology helps in the efficient conduction and control of electric power in a vehicle.

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Rigorous efforts by the Government for vehicle safety exert significant pressure on automotive OEMs and tier-1 manufacturers to develop better and enhanced vehicle safety systems. From November 2014, the European General Safety Regulation (EC) No 661/2009 mandates several new safety features for new passenger cars and commercial vehicles. In addition to the existing mandate of Electronic Stability Control (ESC) systems, new manufactured cars will essentially have Tire Pressure Monitoring Systems (TPMS), gear shift indicators, and driver seatbelt reminders.

These new and enhanced safety features will need additional power electronic components to be deployed in each vehicle. From November 2015, in Europe, according to the regulation, all new trucks and buses are to be equipped with Advanced Emergency Braking (AEB) along with Lane Departure Warning Systems (LDWS), which will also require power electronics for their operation. On the other hand, complex design and integration process for advanced technology devices impacts the adoption of new technologies in developing countries. These factors are likely to inhibit the growth of the power electronics market for automotive.

Top Key Players:-
• Continental AG
• Fuji Electric Co. Ltd.
• Infineon Technologies
• NXP Semiconductors
• Robert Bosch GmbH
• Rohm Semiconductor
• Renesas Electronics
• Texas Instrument Incorporated
• Toshiba Corporatio

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The Global Automotive Power Electronics Market Analysis and Forecasts to 2025 can be segmented into application, vehicle type, electric vehicle type, component, system, and region. Based on the application, the market can be categorized as Body Electronics, Chassis and Power train, Infotainment and Telemetric, Safety and Security. Amongst these, the body electronics segment acquires a leading share in the market. This majority is anticipated due to the advancement of vehicles including power electronics-driven operations like electric power steering, power windows, electronic brake systems, electric air conditioning, and others. Furthermore, the safety and security segment is witnessed to exhibit significant growth during the forecast period. This can be majorly attributed to the increasing mandates for this application.

The report provides forecast and analysis of the global automotive power electronics market. It provides market overview of global automotive power electronics market of in terms of revenue (in US$ Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the automotive power electronics market and their impact on each country during the forecast period.

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