The traction inverter controls the traction electric motor in EV/HEVs. It is a key component as it is responsible for the performance of the vehicle. Minimization of conduction losses and switching losses both at high-, and low-current allows maximizing vehicle acceleration and driving range.
The global Traction Inverters market is projected to reach US$ 28460 million in 2029, increasing from US$ 14040 million in 2022, with the CAGR of 10.7% during the period of 2023 to 2029.
Key manufacturers engaged in the Traction Inverters industry include Voith, Mitsubishi Electric, American Traction Systems, Simatex AG, Hitachi, Alstom, Albiero Medha, BorgWarner and Siemens, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Traction Inverters production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Traction Inverters were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Traction Inverters market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Traction Inverters market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Voith
Mitsubishi Electric
American Traction Systems
Simatex AG
Hitachi
Alstom
Albiero Medha
BorgWarner
Siemens
ABB
TOSHIBA
Hitachi
Curtiss-Wright
Dana TM4
Prodrive Technologies
Zhuzhou CRRC Times Electric
Segment by Type
SiC Modules
Si-IGBT(Insulated Gate Bipolar Transistor) Modules
Segment by Application
Original Equipment Manufacturer (OEM)
Maintenance, Repair & Overhaul (MRO)
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Traction Inverters report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Âé¶¹Ô´´ Channel and Customer Analysis
Chapter 9: Âé¶¹Ô´´ Opportunities and Challenges
Chapter 10: Âé¶¹Ô´´ Conclusions
Chapter 11: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Traction Inverters Âé¶¹Ô´´ Overview
1.1 Product Definition
1.2 Traction Inverters Segment by Type
1.2.1 Global Traction Inverters Âé¶¹Ô´´ Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 SiC Modules
1.2.3 Si-IGBT(Insulated Gate Bipolar Transistor) Modules
1.3 Traction Inverters Segment by Application
1.3.1 Global Traction Inverters Âé¶¹Ô´´ Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Original Equipment Manufacturer (OEM)
1.3.3 Maintenance, Repair & Overhaul (MRO)
1.4 Global Âé¶¹Ô´´ Growth Prospects
1.4.1 Global Traction Inverters Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Traction Inverters Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Traction Inverters Production Estimates and Forecasts (2018-2029)
1.4.4 Global Traction Inverters Âé¶¹Ô´´ Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Âé¶¹Ô´´ Competition by Manufacturers
2.1 Global Traction Inverters Production Âé¶¹Ô´´ Share by Manufacturers (2018-2023)
2.2 Global Traction Inverters Production Value Âé¶¹Ô´´ Share by Manufacturers (2018-2023)
2.3 Global Key Players of Traction Inverters, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Traction Inverters Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Traction Inverters Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Traction Inverters, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Traction Inverters, Product Offered and Application
2.8 Global Key Manufacturers of Traction Inverters, Date of Enter into This Industry
2.9 Traction Inverters Âé¶¹Ô´´ Competitive Situation and Trends
2.9.1 Traction Inverters Âé¶¹Ô´´ Concentration Rate
2.9.2 Global 5 and 10 Largest Traction Inverters Players Âé¶¹Ô´´ Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Traction Inverters Production by Region
3.1 Global Traction Inverters Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Traction Inverters Production Value by Region (2018-2029)
3.2.1 Global Traction Inverters Production Value Âé¶¹Ô´´ Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Traction Inverters by Region (2024-2029)
3.3 Global Traction Inverters Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Traction Inverters Production by Region (2018-2029)
3.4.1 Global Traction Inverters Production Âé¶¹Ô´´ Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Traction Inverters by Region (2024-2029)
3.5 Global Traction Inverters Âé¶¹Ô´´ Price Analysis by Region (2018-2023)
3.6 Global Traction Inverters Production and Value, Year-over-Year Growth
3.6.1 North America Traction Inverters Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Traction Inverters Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Traction Inverters Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Traction Inverters Production Value Estimates and Forecasts (2018-2029)
3.6.5 South Korea Traction Inverters Production Value Estimates and Forecasts (2018-2029)
3.6.6 India Traction Inverters Production Value Estimates and Forecasts (2018-2029)
4 Traction Inverters Consumption by Region
4.1 Global Traction Inverters Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Traction Inverters Consumption by Region (2018-2029)
4.2.1 Global Traction Inverters Consumption by Region (2018-2023)
4.2.2 Global Traction Inverters Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Traction Inverters Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Traction Inverters Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Traction Inverters Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Traction Inverters Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Traction Inverters Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Traction Inverters Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Traction Inverters Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Traction Inverters Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Traction Inverters Production by Type (2018-2029)
5.1.1 Global Traction Inverters Production by Type (2018-2023)
5.1.2 Global Traction Inverters Production by Type (2024-2029)
5.1.3 Global Traction Inverters Production Âé¶¹Ô´´ Share by Type (2018-2029)
5.2 Global Traction Inverters Production Value by Type (2018-2029)
5.2.1 Global Traction Inverters Production Value by Type (2018-2023)
5.2.2 Global Traction Inverters Production Value by Type (2024-2029)
5.2.3 Global Traction Inverters Production Value Âé¶¹Ô´´ Share by Type (2018-2029)
5.3 Global Traction Inverters Price by Type (2018-2029)
6 Segment by Application
6.1 Global Traction Inverters Production by Application (2018-2029)
6.1.1 Global Traction Inverters Production by Application (2018-2023)
6.1.2 Global Traction Inverters Production by Application (2024-2029)
6.1.3 Global Traction Inverters Production Âé¶¹Ô´´ Share by Application (2018-2029)
6.2 Global Traction Inverters Production Value by Application (2018-2029)
6.2.1 Global Traction Inverters Production Value by Application (2018-2023)
6.2.2 Global Traction Inverters Production Value by Application (2024-2029)
6.2.3 Global Traction Inverters Production Value Âé¶¹Ô´´ Share by Application (2018-2029)
6.3 Global Traction Inverters Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Voith
7.1.1 Voith Traction Inverters Corporation Information
7.1.2 Voith Traction Inverters Product Portfolio
7.1.3 Voith Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Voith Main Business and Âé¶¹Ô´´s Served
7.1.5 Voith Recent Developments/Updates
7.2 Mitsubishi Electric
7.2.1 Mitsubishi Electric Traction Inverters Corporation Information
7.2.2 Mitsubishi Electric Traction Inverters Product Portfolio
7.2.3 Mitsubishi Electric Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Mitsubishi Electric Main Business and Âé¶¹Ô´´s Served
7.2.5 Mitsubishi Electric Recent Developments/Updates
7.3 American Traction Systems
7.3.1 American Traction Systems Traction Inverters Corporation Information
7.3.2 American Traction Systems Traction Inverters Product Portfolio
7.3.3 American Traction Systems Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.3.4 American Traction Systems Main Business and Âé¶¹Ô´´s Served
7.3.5 American Traction Systems Recent Developments/Updates
7.4 Simatex AG
7.4.1 Simatex AG Traction Inverters Corporation Information
7.4.2 Simatex AG Traction Inverters Product Portfolio
7.4.3 Simatex AG Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Simatex AG Main Business and Âé¶¹Ô´´s Served
7.4.5 Simatex AG Recent Developments/Updates
7.5 Hitachi
7.5.1 Hitachi Traction Inverters Corporation Information
7.5.2 Hitachi Traction Inverters Product Portfolio
7.5.3 Hitachi Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Hitachi Main Business and Âé¶¹Ô´´s Served
7.5.5 Hitachi Recent Developments/Updates
7.6 Alstom
7.6.1 Alstom Traction Inverters Corporation Information
7.6.2 Alstom Traction Inverters Product Portfolio
7.6.3 Alstom Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Alstom Main Business and Âé¶¹Ô´´s Served
7.6.5 Alstom Recent Developments/Updates
7.7 Albiero Medha
7.7.1 Albiero Medha Traction Inverters Corporation Information
7.7.2 Albiero Medha Traction Inverters Product Portfolio
7.7.3 Albiero Medha Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Albiero Medha Main Business and Âé¶¹Ô´´s Served
7.7.5 Albiero Medha Recent Developments/Updates
7.8 BorgWarner
7.8.1 BorgWarner Traction Inverters Corporation Information
7.8.2 BorgWarner Traction Inverters Product Portfolio
7.8.3 BorgWarner Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.8.4 BorgWarner Main Business and Âé¶¹Ô´´s Served
7.7.5 BorgWarner Recent Developments/Updates
7.9 Siemens
7.9.1 Siemens Traction Inverters Corporation Information
7.9.2 Siemens Traction Inverters Product Portfolio
7.9.3 Siemens Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Siemens Main Business and Âé¶¹Ô´´s Served
7.9.5 Siemens Recent Developments/Updates
7.10 ABB
7.10.1 ABB Traction Inverters Corporation Information
7.10.2 ABB Traction Inverters Product Portfolio
7.10.3 ABB Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.10.4 ABB Main Business and Âé¶¹Ô´´s Served
7.10.5 ABB Recent Developments/Updates
7.11 TOSHIBA
7.11.1 TOSHIBA Traction Inverters Corporation Information
7.11.2 TOSHIBA Traction Inverters Product Portfolio
7.11.3 TOSHIBA Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.11.4 TOSHIBA Main Business and Âé¶¹Ô´´s Served
7.11.5 TOSHIBA Recent Developments/Updates
7.12 Hitachi
7.12.1 Hitachi Traction Inverters Corporation Information
7.12.2 Hitachi Traction Inverters Product Portfolio
7.12.3 Hitachi Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Hitachi Main Business and Âé¶¹Ô´´s Served
7.12.5 Hitachi Recent Developments/Updates
7.13 Curtiss-Wright
7.13.1 Curtiss-Wright Traction Inverters Corporation Information
7.13.2 Curtiss-Wright Traction Inverters Product Portfolio
7.13.3 Curtiss-Wright Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Curtiss-Wright Main Business and Âé¶¹Ô´´s Served
7.13.5 Curtiss-Wright Recent Developments/Updates
7.14 Dana TM4
7.14.1 Dana TM4 Traction Inverters Corporation Information
7.14.2 Dana TM4 Traction Inverters Product Portfolio
7.14.3 Dana TM4 Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Dana TM4 Main Business and Âé¶¹Ô´´s Served
7.14.5 Dana TM4 Recent Developments/Updates
7.15 Prodrive Technologies
7.15.1 Prodrive Technologies Traction Inverters Corporation Information
7.15.2 Prodrive Technologies Traction Inverters Product Portfolio
7.15.3 Prodrive Technologies Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Prodrive Technologies Main Business and Âé¶¹Ô´´s Served
7.15.5 Prodrive Technologies Recent Developments/Updates
7.16 Zhuzhou CRRC Times Electric
7.16.1 Zhuzhou CRRC Times Electric Traction Inverters Corporation Information
7.16.2 Zhuzhou CRRC Times Electric Traction Inverters Product Portfolio
7.16.3 Zhuzhou CRRC Times Electric Traction Inverters Production, Value, Price and Gross Margin (2018-2023)
7.16.4 Zhuzhou CRRC Times Electric Main Business and Âé¶¹Ô´´s Served
7.16.5 Zhuzhou CRRC Times Electric Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Traction Inverters Industry Chain Analysis
8.2 Traction Inverters Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Traction Inverters Production Mode & Process
8.4 Traction Inverters Sales and Âé¶¹Ô´´ing
8.4.1 Traction Inverters Sales Channels
8.4.2 Traction Inverters Distributors
8.5 Traction Inverters Customers
9 Traction Inverters Âé¶¹Ô´´ Dynamics
9.1 Traction Inverters Industry Trends
9.2 Traction Inverters Âé¶¹Ô´´ Drivers
9.3 Traction Inverters Âé¶¹Ô´´ Challenges
9.4 Traction Inverters Âé¶¹Ô´´ Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Âé¶¹Ô´´ Size Estimation
11.1.3 Âé¶¹Ô´´ Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Voith
Mitsubishi Electric
American Traction Systems
Simatex AG
Hitachi
Alstom
Albiero Medha
BorgWarner
Siemens
ABB
TOSHIBA
Hitachi
Curtiss-Wright
Dana TM4
Prodrive Technologies
Zhuzhou CRRC Times Electric
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*If Applicable.