Market and Technology Trends

Power Converters for xEV, Green Energy and Industrial 2024

By Yole Intelligence

NEW PRODUCT - This report is scheduled for Q3 2024

YINTR24423

Sequel of our Status of the Power Converter Industry 2023, this report provides a comprehensive analysis of the power converter market for the following segments: xEV, Rail, Industrial motor drives, UPS, PV, Wind, BESS, EV DC chargers, and HVDC. The power converter represents the biggest business opportunity for power electronics players and a high-added value for end-system (EV, UPS, rail…) makers. This report includes the market size, growth rate, and key market and technology trends for each segment. The supply chain is reshuffling due to a very rapid growth of xEV leading to the penetration of new players as well as due to the synergies between different applications. Relying on the CAGR rate, this report analyzes these phenomena showing the trend toward horizontal integration.

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