An inverter is a device that is plugged into a vehicle’s 12v power supply. This device converts the 12v power supply to 230v AC mains power thereby enabling the user to operate the electrical and electronic equipment safely at a distance from the standard mains power. Several electronic gadgets require more power and hence there is growing need for inverters which convert DC to AC. The automotive on-board power inverter s are contrived to run on the 120-volt AC power.
At present, the manufacturers of automotive on-board power inverter are concentrated in North America, Europe and China. The market is a relative concentrated market; key players includes Magnum Dimensions, NFA, ROADPRO, Bestek, Philips, Cobra, Stanley, Ampeak, Cotek, Whistler, Ozio, Schumacher, Samlex America, Power Bright, ERAYAK. The revenue of top ten manufacturers accounts about 70% of the total revenue in 2017.
The global Automotive On-board Power Inverter market is valued at 230 million US$ in 2018 is expected to reach 290 million US$ by the end of 2025, growing at a CAGR of 2.7% during 2019-2025.
This report focuses on Automotive On-board Power Inverter volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive On-board Power Inverter market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
Market Segment by Regions includes:
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Less Than 300 W (include 300W)
Over 300 W
By Industrial Application, the market can be split into:
Global Automotive On-board Power Inverter Market Research Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 107 pages report.
This market report provides in-depth analytics of the Automotive On-board Power Inverter industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
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