Vehicle Scanner Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The automotive inverter market currently boasts a market value of $3.80 billion. The market is expected to continue this growth during the forecast period from 2021 to 2027. The market value will be USD 10.3 billion. So, analyzing the statistics, the global vehicle inverter market will show a 16% CAGR over the forecast period. The biggest reason this market has grown is the demand for vehicles supporting automotive inverter technology. Additionally, growing environmental concerns are turning people to alternative energy vehicle options, especially with vehicle inverters injected. Moreover, the government’s strict emission regulations forced manufacturers to shift vehicle production to electric vehicles. The government is offering manufacturers incentives such as tax incentives in this regard, which is contributing to market growth.

Vehicle Scanner Market Segments:

By Propulsion Type

• BEV
• HEV
• PHEV

By Technology 

• IGBT
• MOSFET

By Semiconductor Material Type

• GaN 
• Si
• SiC

By Vehicle Type

• PC 
• CV

Vehicle Inverter Market Key Players 

• Denso
• Delphi Technologies
• Continental AG
• Robert Bosch GmbH
• Mitsubishi Electric Corporation
• Continental AG
• Robert Bosch GmbH
• Hitachi Automotive Systems, Ltd.
• Toyota industries corporation
• Infineon Technologies AG

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Vehicle Scanner Market Report

• What was the Vehicle Scanner Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Vehicle Scanner Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Vehicle Scanner Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.