Global Analysis of Power Electronic Market for Electric and Hybrid Vehicles, Forecast to 2025
The global power electronics market is expected to multiply by 2025 with the rising demand for electric & hybrid vehicles. OEMs across the globe are looking at EV and HEVs as viable solutions in order to comply with the evolving stringent emission & fuel regulations.
New York, July 22, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Analysis of Power Electronic Market for Electric and Hybrid Vehicles, Forecast to 2025" - https://www.reportlinker.com/p05934522/?utm_source=GNW
Power electronics play a huge important role in defining the efficiency, safety and range of vehicles.Supply chain & competitive benchmarking has become a huge integral part in creating strategies as it’s a highly competitive market with number so participants trying to occupy a significant market share.
Integration of components like inverter, converter, motor & other PEs are increasingly popular as they reduce the size, weight, and cost & offer a lot of space for OEMs to work on different architectures which allow for spacious cabins or drivetrains.
Read the full report: https://www.reportlinker.com/p05934522/?utm_source=GNW
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