Global Automotive On Board AC-DC Power Inverters Market Size By Type (Less than 100 W, 100 W to 150 W, More than 150 W), By Application (Compact Cars, Mid-Size Cars, SUVs, Luxury Cars, LCVs/HCVs), By Geographic Scope And Forecast

Automotive On Board AC-DC Power Inverters Market Size And Forecast

Automotive On Board AC-DC Power Inverters Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2027.

The increasing adoption of electronic devices inside an automobile is the major driving factor for the Automotive On Board AC-DC Power Inverters Market. Moreover, the growing demand for connected devices in the automobile is the factor propelling the market. Additionally, the rising prevalence of handheld devices among drivers is the factor enhancing the market. The Global Automotive On Board AC-DC Power Inverters Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Automotive On Board AC-DC Power Inverters Market Definition

An Automotive On Board AC-DC Power Inverter is basically a little gadget that takes the DC power from your car's battery and turns it into AC power, so you can run things like infotainment systems, charge your mobile phones, power up your laptops, and other devices. Think of it as bringing a wall outlet into your car! They're also handy for powering electrical equipment away from the usual mains, which can be safer in some situations. These Automotive On Board AC-DC Power Inverters are hooked up to your car's battery using electrical wires. Essentially, they boost the vehicle's power supply from 12 volts DC to 230 volts AC, letting you carefully use electrical or electronic devices far from a regular power source. Since many electronic devices need more power, there’s a bigger demand for these inverters to convert DC to AC. It's all about convenience and powering your life on the go!

Automotive On-Board AC-DC Power Inverters are designed to work with standard 120-volt AC power. These inverters are like little electrical switch-flippers, constantly changing polarity, pushing current one way around the circuit, and then reversing and sending it the other way. This all happens super fast, usually around 60 times a second! A key thing that's helping this market grow is that inverters can constantly flip their polarity and keep the electric current flowing steadily in one direction. Ultimately, companies are aiming to make electric vehicles better by finding clever engineering tricks and cost savings where the power modules meet the inverters.

Global Automotive On Board AC-DC Power Inverters Market Overview

Get ready for a surge in on-board AC-DC power inverters! As electric vehicles become more popular, we expect to see this market really take off. Plus, everyone's got gadgets these days – think infotainment systems and more – which means a bigger need for inverters to keep them powered up on the go. And with all the cool new electronic tech popping up in cars, like drive-by-wire, GPS, and collision sensors, the demand for these inverters is only going to keep climbing. Ultimately, the shift towards fully electric vehicles is really fueling the growth of this market.

Hey, you know how everyone's got their phones and tablets in the car these days? Well, that's a big reason why the market for Automotive On Board AC-DC Power Inverters is expected to grow. Because, let's face it, we all need to keep those gadgets charged! Plus, with the increasing popularity of ride-sharing services, drivers are relying more and more on navigation systems and smartphones. And with the market itself growing like crazy, things are really looking up for these power inverters!

The expected growth in sales of electric vehicles is likely to boost the market in the future. The growing popularity of electric vehicles is considered one of the prominent trends in the global market. However, the high cost of integration remains one of the major restraints to the market. Moreover, reduced safety due to heavy currents flowing through terminals and wired connections are the factors hampering the market. An increase in the focus of OEMs toward efficient power management offers favourable opportunities in the market.

Global Automotive On Board AC-DC Power Inverters MarketSegmentation Analysis

The Global Automotive On Board AC-DC Power Inverters Market is segmented on the basis of Type, Application, And Geography.

Automotive On Board AC-DC Power Inverters Market, By Type

•  Less than 100 W
•  100 W to 150 W
•  More than 150 W

Based on Type, The market is bifurcated into Less than 100 W, 100 W to 150 W, and More than 150 W. The 100W to 150 W segment is likely to occupy a major share of the market. This is due to the fact that the use of electronic devices including consoles, laptops, charging mobile phones, and DVD players require a low power range. The high-range power inverters are primarily used in commercial vehicles.

Automotive On Board AC-DC Power Inverters Market, By Application

•  Compact Cars
•  Mid-Size Cars
•  SUVs
•  Luxury Cars
•  LCVs/HCVs

Based on Application, The market is bifurcated into Compact Cars, Mid-Size Cars, SUVs, Luxury Cars, and LCVs/HCVs.

Automotive On Board AC-DC Power Inverters Market, By Geography

•  North America
•  Europe
•  Asia Pacific
•  Rest of the world

Looking at the world map, the market for automotive on-board AC-DC power inverters splits into North America, Europe, Asia Pacific, and the Rest of the World. Western Europe is likely to lead the way, fueled by more cars on the road and drivers wanting more electrical gadgets in their vehicles. Over in North America, we expect solid growth, thanks to big players like General Motors and Ford Motor really pushing to boost battery power with cool electronics. And Asia Pacific should also see a nice jump, driven by more rental cabs using GPS and other tech, along with a boom in passenger car production.

Key Players

The “Global Automotive On Board AC-DC Power Inverters Market ”study report will provide valuable insight with an emphasis on the global market. The major players in the market are Eaton Corporation, Philips, Continental AG, Calsonic Kansei, Sensata Technologies, TOSHIBA Electronic Devices & Storage Corporation, Lear Corporation, Delta Electronics, Samlex America, Stanley Black & Decker. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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