Automotive & Mobility Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Power Electronics (Inverters)
Overview
Market size
$61.4B
global, USD
CAGR
8.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$91.1B
What changed
Demand by region
Asia Pacific demand45%
Europe demand25%
North America demand20%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Semiconductors and IGBT modules40%
Copper and structural metals20%
Printed circuit boards and passive components15%
Assembly and quality testing labor13%
Logistics and inbound packaging12%
share of delivered cost (analyst estimate)