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.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-automotive-onboard-power-inverters-2019-2024-52 The automotive on-board power inverters are mainly used by passenger cars and commercial vehicles.

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.

Less Than 300 WOver 300 W Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

The statistical surveying report on the global Automotive On-board Power Inverters Market has been presented by using professional or expert knowledge through standard and modified research approaches and forecasts.

The yearly forecast and predication for the years 2020 to 2025 have been enclosed by the report along with comprehensive analysis for all market segments and regions.

The statistical data derived from authentic resources and assisted by industry experts.

It likewise assesses the market by evaluating market elements, including drivers, restraints, opportunities, threats, challenges, growth prospects, and other market elements.

The global automotive on-board power inverters market report presents a complete research-based study of the industry including details such as company shares, forecast data, in-depth analysis and an outlook of the market on a worldwide platform.

This automotive on-board power inverters market report also splits the market by regions: 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).