A power inverter, or inverter, is an electronic device or circuitry that changes direct current (DC) to alternating current (AC).

At present, the manufacturers of automotive onboard 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 average price of automotive on-board power inverter is in the decreasing trend, from 22.7 USD/Unit in 2013 to 20.9 USD/Unit in 2017. The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.

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The automotive on-board power inverters are mainly used by passenger cars and commercial vehicles. The dominated application is passenger car.

According to this study, over the next five years the Automotive On-board Power Inverters market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$ 260 million by 2024, from US$ 230 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive On-board Power Inverters business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive On-board Power Inverters market by product type, application, key manufacturers and key regions and countries.

This study considers the Automotive On-board Power Inverters value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Less Than 300 W
  • Over 300 W

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Passenger Cars
  • Commercial Vehicles

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Magnum Dimensions
  • NFA
  • ROADPRO
  • Bestek
  • Philips
  • Cobra
  • Stanley
  • Ampeak
  • Cotek
  • Whistler
  • Ozio
  • Schumacher
  • Samlex America
  • Power Bright
  • ERAYAK

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

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Table of content


2019-2024 Global Automotive On-board Power Inverters Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive On-board Power Inverters Consumption 2014-2024
2.1.2 Automotive On-board Power Inverters Consumption CAGR by Region
2.2 Automotive On-board Power Inverters Segment by Type
2.2.1 Less Than 300 W
2.2.2 Over 300 W
2.3 Automotive On-board Power Inverters Consumption by Type
2.3.1 Global Automotive On-board Power Inverters Consumption Market Share by Type (2014-2019)
2.3.2 Global Automotive On-board Power Inverters Revenue and Market Share by Type (2014-2019)
2.3.3 Global Automotive On-board Power Inverters Sale Price by Type (2014-2019)
2.4 Automotive On-board Power Inverters Segment by Application
2.4.1 Passenger Cars
2.4.2 Commercial Vehicles
2.5 Automotive On-board Power Inverters Consumption by Application
2.5.1 Global Automotive On-board Power Inverters Consumption Market Share by Application (2014-2019)
2.5.2 Global Automotive On-board Power Inverters Value and Market Share by Application (2014-2019)
2.5.3 Global Automotive On-board Power Inverters Sale Price by Application

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