PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1890713
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1890713
Traction Inverter Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of traction inverter Market
The global traction inverter market is expanding rapidly as electric mobility becomes central to automotive innovation worldwide. In 2024, the market reached a value of USD 8.57 billion, reflecting the accelerating shift toward electrified transportation. By 2025, the market is projected to grow further to USD 11.13 billion, supported by strong EV adoption, government emission regulations, and advancements in power electronics. Looking ahead to 2032, the market is expected to escalate sharply to USD 40.39 billion, registering a robust CAGR of 20.20%. In 2024, Asia Pacific led the global market, holding 46.56% share due to strong EV penetration in China, South Korea, Japan, and India.
Traction inverters are critical components in electric and hybrid vehicles, responsible for converting DC energy from the battery into AC energy to power the motor. This enables precise torque control, efficient energy use, and enhanced vehicle performance. Traction inverters also facilitate regenerative braking-converting kinetic energy into electrical energy-making them indispensable for modern EV powertrains.
Market Drivers
Rising Adoption of BEVs and HEVs Boosts Demand
The traction inverter market is primarily driven by global efforts to reduce carbon emissions through widespread electrification of transportation. In 2023, new European Union regulatory frameworks increased pressure on OEMs to reduce fleet emissions, accelerating investments in BEVs and HEVs. Automotive giants such as Tesla, Volkswagen, Toyota, and Ford are intensifying electrification strategies, directly increasing traction inverter demand. The global transition is reinforced by government incentives and expanding charging infrastructure. For example, the U.S. government's clean energy initiatives have strengthened EV manufacturing capacity, fueling strong traction inverter market growth from USD 8.57 billion (2024) to USD 11.13 billion (2025).
Market Trends
Shift Toward Silicon Carbide (SiC) and GaN Technologies
A major trend shaping the market is the adoption of SiC and GaN wide-bandgap semiconductors, which offer superior switching performance, higher efficiency, and improved thermal stability. These next-generation materials support higher voltage systems, enabling faster charging and greater driving range. Companies such as Texas Instruments, Infineon Technologies, and STMicroelectronics are introducing SiC-based inverter solutions, while automotive OEMs are integrating these innovations into upcoming EV platforms. Additionally, vehicle-to-grid (V2G) capabilities are gaining relevance, making inverters crucial for bidirectional energy flow.
Market Restraints
High Manufacturing Costs and Supply Constraints
Despite strong demand, high manufacturing and installation costs remain major barriers. Advanced semiconductors like SiC and GaN increase production expenses due to specialized fabrication processes. Supply chain volatility-including shortages of rare earth materials-further complicates inverter manufacturing. Moreover, inconsistent charging infrastructure development in emerging markets slows mass EV adoption. These challenges, however, are being mitigated gradually through R&D investments and vertical integration strategies by major automotive firms.
Segmentation Overview
By Technology
- MOSFETs dominate the market and are projected to account for 56% of the market share in 2025, owing to their efficiency at low-medium power ranges.
- IGBTs remain critical for high-power applications and are set to grow at 20.90% CAGR through 2032.
By Vehicle Type
- Passenger cars hold the largest share and are expected to capture 52% in 2025, driven by mass-market EV demand.
- Two-wheelers show the fastest growth, with a projected 22.00% CAGR, especially in Asia Pacific.
By Propulsion Type
- Battery Electric Vehicles (BEVs) lead the segment with 77% share in 2024.
- Hybrid Electric Vehicles (HEVs) also show strong uptake, driven by consumer demand for flexible powertrains.
By Voltage
- The 201-900V range dominates and is expected to secure 62.80% market share in 2025, supporting most passenger EV platforms.
- The above 901V segment shows remarkable growth potential, recording a 26.70% CAGR, driven by next-gen high-performance EVs.
Regional Insights
Asia Pacific
Asia Pacific recorded USD 3.98 billion in 2024, driven by China's EV leadership and rapid regional electrification. The region is forecasted to continue dominating, with China reaching USD 4.71 billion in 2025.
Europe
Europe is predicted to achieve USD 3.30 billion in 2025, supported by stringent emission norms and EV expansion across Germany, the U.K., and France.
North America
North America is expected to reach USD 2.37 billion in 2025, with the U.S. contributing USD 2.19 billion, fueled by high EV adoption rates and strong semiconductor innovation.
Conclusion
The global traction inverter market is on a strong growth trajectory, expanding from USD 8.57 billion (2024) to USD 40.39 billion (2032). With rapid advancements in SiC/GaN technologies, regulatory support, and rising EV penetration, traction inverters will remain central to next-generation electric mobility and energy-efficient transportation systems.
Segmentation By Vehicle Type
- Two Wheeler
- Passenger Car
- Commercial Vehicle
- Train
By Propulsion Type
- BEV
- HEV
By Technology
- IGBT
- MOSFET
By Voltage
- Up to 200V
- 201 to 900V
- Above 901V
By Region
- North America (By Technology, By Vehicle Type, By Propulsion Type, By Voltage)
- U.S. (By Vehicle Type)
- Canada (By Vehicle Type)
- Mexico (By Vehicle Type)
- Europe (By Technology, By Vehicle Type, By Propulsion Type, By Voltage)
- U.K. (By Vehicle Type)
- Germany (By Vehicle Type)
- France (By Vehicle Type)
- Rest of Europe (By Vehicle Type)
- Asia Pacific ( By Technology, By Vehicle Type, By Propulsion Type, By Voltage )
- China (By Vehicle Type)
- India (By Vehicle Type)
- Japan (By Vehicle Type)
- South Korea (By Vehicle Type)
- Rest of Asia Pacific (By Vehicle Type)
- Rest of the World (By Technology, By Vehicle Type, By Propulsion Type, By Voltage)
Table of Content
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Trends
4. Key Insights
- 4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships
- 4.2. Latest Technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Suppliers Outlook
- 4.5. Impact of COVID-19 Pandemic on Global Traction Inverter Market
5. Global Traction Inverter Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Definition
- 5.2. Market Analysis, Insights and Forecast - By Vehicle Type
- 5.2.1. Two Wheeler
- 5.2.2. Passenger Car
- 5.2.3. Commercial Vehicle
- 5.2.4. Train
- 5.3. Market Analysis, Insights and Forecast - By Propulsion Type
- 5.3.1. BEV
- 5.3.2. HEV
- 5.4. Market Analysis, Insights and Forecast - By Technology
- 5.4.1. IGBT
- 5.4.2. MOSFET
- 5.5. Market Analysis, Insights and Forecast - By Voltage
- 5.5.1. Up to 200V
- 5.5.2. 201 to 900V
- 5.5.3. Above 901V
- 5.6. Market Analysis, Insights and Forecast - By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Rest of the World
6. North America Traction Inverter Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 6.1.1. Two Wheeler
- 6.1.2. Passenger Car
- 6.1.3. Commercial Vehicle
- 6.1.4. Train
- 6.2. Market Analysis, Insights and Forecast - By Propulsion Type
- 6.2.1. BEV
- 6.2.2. HEV
- 6.3. Market Analysis, Insights and Forecast - By Technology
- 6.3.1. IGBT
- 6.3.2. MOSFET
- 6.4. Market Analysis, Insights and Forecast - By Voltage
- 6.4.1. Up to 200V
- 6.4.2. 201 to 900V
- 6.4.3. Above 901V
- 6.5. Market Analysis, Insights and Forecast - By Country
- 6.5.1. U.S.
- 6.5.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 6.5.2. Canada
- 6.5.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 6.5.3. Mexico
- 6.5.3.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 6.5.1. U.S.
7. Europe Traction Inverter Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 7.1.1. Two Wheeler
- 7.1.2. Passenger Car
- 7.1.3. Commercial Vehicle
- 7.1.4. Train
- 7.2. Market Analysis, Insights and Forecast - By Propulsion Type
- 7.2.1. BEV
- 7.2.2. HEV
- 7.3. Market Analysis, Insights and Forecast - By Technology
- 7.3.1. IGBT
- 7.3.2. MOSFET
- 7.4. Market Analysis, Insights and Forecast - By Voltage
- 7.4.1. Up to 200V
- 7.4.2. 201 to 900V
- 7.4.3. Above 901V
- 7.5. Market Analysis, Insights and Forecast - By Country
- 7.5.1. U.K.
- 7.5.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 7.5.2. Germany
- 7.5.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 7.5.3. France
- 7.5.3.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 7.5.4. Rest of Europe
- 7.5.4.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 7.5.1. U.K.
8. Asia Pacific Traction Inverter Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 8.1.1. Two Wheeler
- 8.1.2. Passenger Car
- 8.1.3. Commercial Vehicle
- 8.1.4. Train
- 8.2. Market Analysis, Insights and Forecast - By Propulsion Type
- 8.2.1. BEV
- 8.2.2. HEV
- 8.3. Market Analysis, Insights and Forecast - By Technology
- 8.3.1. IGBT
- 8.3.2. MOSFET
- 8.4. Market Analysis, Insights and Forecast - By Voltage
- 8.4.1. Up to 200V
- 8.4.2. 201 to 900V
- 8.4.3. Above 901V
- 8.5. Market Analysis, Insights and Forecast - By Country
- 8.5.1. China
- 8.5.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 8.5.2. Japan
- 8.5.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 8.5.3. India
- 8.5.3.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 8.5.4. South Korea
- 8.5.4.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 8.5.5. Rest of Asia Pacific
- 8.5.5.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 8.5.1. China
9. Rest of the World Traction Inverter Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 9.1.1. Two Wheeler
- 9.1.2. Passenger Car
- 9.1.3. Commercial Vehicle
- 9.1.4. Train
- 9.2. Market Analysis, Insights and Forecast - By Propulsion Type
- 9.2.1. BEV
- 9.2.2. HEV
- 9.3. Market Analysis, Insights and Forecast - By Technology
- 9.3.1. IGBT
- 9.3.2. MOSFET
- 9.4. Market Analysis, Insights and Forecast - By Voltage
- 9.4.1. Up to 200V
- 9.4.2. 201 to 900V
- 9.4.3. Above 901V
10. Competitive Analysis
- 10.1. Key Industry Developments
- 10.2. Global Market Rank Analysis (2024)
- 10.3. Competitive Dashboard
- 10.4. Comparative Analysis - Major Players
- 10.5. Company Profiles
- 10.5.1. Siemens AG (Germany)
- 10.5.1.1. Overview
- 10.5.1.2. Products & services
- 10.5.1.3. SWOT Analysis
- 10.5.1.4. Recent Developments
- 10.5.1.5. Strategies
- 10.5.1.6. Financials (Based on Availability)
- 10.5.2. Infineon Technologies AG (Germany)
- 10.5.2.1. Overview
- 10.5.2.2. Products & services
- 10.5.2.3. SWOT Analysis
- 10.5.2.4. Recent Developments
- 10.5.2.5. Strategies
- 10.5.2.6. Financials (Based on Availability)
- 10.5.3. Continental AG (Germany)
- 10.5.3.1. Overview
- 10.5.3.2. Products & services
- 10.5.3.3. SWOT Analysis
- 10.5.3.4. Recent Developments
- 10.5.3.5. Strategies
- 10.5.3.6. Financials (Based on Availability)
- 10.5.4. Robert Bosch GmbH (Germany)
- 10.5.4.1. Overview
- 10.5.4.2. Products & services
- 10.5.4.3. SWOT Analysis
- 10.5.4.4. Recent Developments
- 10.5.4.5. Strategies
- 10.5.4.6. Financials (Based on Availability)
- 10.5.5. Delphi Technologies (UK)
- 10.5.5.1. Overview
- 10.5.5.2. Products & services
- 10.5.5.3. SWOT Analysis
- 10.5.5.4. Recent Developments
- 10.5.5.5. Strategies
- 10.5.5.6. Financials (Based on Availability)
- 10.5.6. Hitachi Automotive Systems (Japan)
- 10.5.6.1. Overview
- 10.5.6.2. Products & services
- 10.5.6.3. SWOT Analysis
- 10.5.6.4. Recent Developments
- 10.5.6.5. Strategies
- 10.5.6.6. Financials (Based on Availability)
- 10.5.7. Mitsubishi Electric Corporation (Japan)
- 10.5.7.1. Overview
- 10.5.7.2. Products & services
- 10.5.7.3. SWOT Analysis
- 10.5.7.4. Recent Developments
- 10.5.7.5. Strategies
- 10.5.7.6. Financials (Based on Availability)
- 10.5.8. Toshiba Corporation (Japan)
- 10.5.8.1. Overview
- 10.5.8.2. Products & services
- 10.5.8.3. SWOT Analysis
- 10.5.8.4. Recent Developments
- 10.5.8.5. Strategies
- 10.5.8.6. Financials (Based on Availability)
- 10.5.9. Texas Instruments Incorporated (U.S.)
- 10.5.9.1. Overview
- 10.5.9.2. Products & services
- 10.5.9.3. SWOT Analysis
- 10.5.9.4. Recent Developments
- 10.5.9.5. Strategies
- 10.5.9.6. Financials (Based on Availability)
- 10.5.10. ABB Ltd (Switzerland)
- 10.5.10.1. Overview
- 10.5.10.2. Products & services
- 10.5.10.3. SWOT Analysis
- 10.5.10.4. Recent Developments
- 10.5.10.5. Strategies
- 10.5.10.6. Financials (Based on Availability)
- 10.5.1. Siemens AG (Germany)
List of Tables
- Table 1: Global Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 2: Global Traction Inverter Market, (USD Billion) Forecast, By Propulsion Type, 2019-2032
- Table 3: Global Traction Inverter Market, (USD Billion) Forecast, By Technology, 2019-2032
- Table 4: Global Traction Inverter Market, (USD Billion) Forecast, By Voltage, 2019-2032
- Table 5: Global Traction Inverter Market (USD Billion) Forecast, By Region, 2019-2032
- Table 6: North America Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 7: North America Traction Inverter Market, (USD Billion) Forecast, By Propulsion Type, 2019-2032
- Table 8: North America Traction Inverter Market, (USD Billion) Forecast, By Technology, 2019-2032
- Table 9: North America Traction Inverter Market, (USD Billion) Forecast, By Voltage, 2019-2032
- Table 10: North America Traction Inverter Market (USD Billion) Forecast, By Country, 2019-2032
- Table 11: U.S. Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 12: Canada Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 13: Mexico Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 14: Europe Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 15: Europe Traction Inverter Market, (USD Billion) Forecast, By Propulsion Type, 2019-2032
- Table 16: Europe Traction Inverter Market, (USD Billion) Forecast, By Technology, 2019-2032
- Table 17: Europe Traction Inverter Market, (USD Billion) Forecast, By Voltage, 2019-2032
- Table 18: Europe Traction Inverter Market (USD Billion) Forecast, By Country, 2019-2032
- Table 19: U.K. Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 20: Germany Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 21: France Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 22: Rest of Europe Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 23: Asia Pacific Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 24: Asia Pacific Traction Inverter Market, (USD Billion) Forecast, By Propulsion Type, 2019-2032
- Table 25: Asia Pacific Traction Inverter Market, (USD Billion) Forecast, By Technology, 2019-2032
- Table 26: Asia Pacific Traction Inverter Market, (USD Billion) Forecast, By Voltage, 2019-2032
- Table 27: Asia Pacific Traction Inverter Market (USD Billion) Forecast, By Country, 2019-2032
- Table 28: China Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 29: Japan Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 30: India Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 31: South Korea Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 32: Rest of Asia Pacific Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 33: Rest of the World Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 34: Rest of the World Traction Inverter Market, (USD Billion) Forecast, By Propulsion Type, 2019-2032
- Table 35: Rest of the World Traction Inverter Market, (USD Billion) Forecast, By Technology, 2019-2032
- Table 36: Rest of the World Traction Inverter Market, (USD Billion) Forecast, By Voltage, 2019-2032
List of Figures
- Figure 1: Global Traction Inverter Market Revenue Breakdown (USD Billion, %) By Region, 2024 & 2032
- Figure 2: Global Traction Inverter Market (%) Breakdown By Vehicle Type, 2024 & 2032
- Figure 3: Global Traction Inverter Market (USD Billion) Breakdown By Two Wheeler, 2019-2032
- Figure 4: Global Traction Inverter Market (USD Billion) Breakdown By Passenger Car, 2019-2032
- Figure 5: Global Traction Inverter Market (USD Billion) Breakdown By Commercial Vehicle, 2019-2032
- Figure 6: Global Traction Inverter Market (USD Billion) Breakdown By Train, 2019-2032
- Figure 7: Global Traction Inverter Market (%) Breakdown By Propulsion Type, 2024 & 2032
- Figure 8: Global Traction Inverter Market (USD Billion) Breakdown By BEV, 2019-2032
- Figure 9: Global Traction Inverter Market (USD Billion) Breakdown By HEV, 2019-2032
- Figure 10: Global Traction Inverter Market (%) Breakdown By Technology, 2024 & 2032
- Figure 11: Global Traction Inverter Market (USD Billion) Breakdown By IGBT, 2019-2032
- Figure 12: Global Traction Inverter Market (USD Billion) Breakdown By MOSFET, 2019-2032
- Figure 13: Global Traction Inverter Market (%) Breakdown By Voltage, 2024 & 2032
- Figure 14: Global Traction Inverter Market (USD Billion) Breakdown By Up to 200V, 2019-2032
- Figure 15: Global Traction Inverter Market (USD Billion) Breakdown By 201 to 900V, 2019-2032
- Figure 16: Global Traction Inverter Market (USD Billion) Breakdown By Above 901V, 2019-2032
- Figure 17: Global Traction Inverter Market Share (%) By Region, 2024 & 2032
- Figure 18: Global Traction Inverter Market Forecast (USD Billion), By North America, 2019-2032
- Figure 19: Global Traction Inverter Market Forecast (USD Billion), By Europe, 2019-2032
- Figure 20: Global Traction Inverter Market Forecast (USD Billion), By Asia Pacific, 2019-2032
- Figure 21: Global Traction Inverter Market Forecast (USD Billion), By Rest of the World, 2019-2032
- Figure 22: North America Traction Inverter Market Value (USD Billion) By Vehicle Type, 2024 & 2032
- Figure 23: North America Traction Inverter Market Value Share (%) By Vehicle Type, 2024
- Figure 24: North America Traction Inverter Market Value (USD Billion) By Propulsion Type, 2024 & 2032
- Figure 25: North America Traction Inverter Market Value Share (%) By Propulsion Type, 2024
- Figure 26: North America Traction Inverter Market Value (USD Billion) By Technology, 2024 & 2032
- Figure 27: North America Traction Inverter Market Value Share (%) By Technology, 2024
- Figure 28: North America Traction Inverter Market Value (USD Billion) By Voltage, 2024 & 2032
- Figure 29: North America Traction Inverter Market Value Share (%) By Voltage, 2024
- Figure 30: North America Traction Inverter Market Value (USD Billion) By Country, 2024 & 2032
- Figure 31: North America Traction Inverter Value Share (%) By Country, 2024
- Figure 32: Europe Traction Inverter Market Value (USD Billion) By Vehicle Type, 2024 & 2032
- Figure 33: Europe Traction Inverter Market Value Share (%) By Vehicle Type, 2024
- Figure 34: Europe Traction Inverter Market Value (USD Billion) By Propulsion Type, 2024 & 2032
- Figure 35: Europe Traction Inverter Market Value Share (%) By Propulsion Type, 2024
- Figure 36: Europe Traction Inverter Market Value (USD Billion) By Technology, 2024 & 2032
- Figure 37: Europe Traction Inverter Market Value Share (%) By Technology, 2024
- Figure 38: Europe Traction Inverter Market Value (USD Billion) By Voltage, 2024 & 2032
- Figure 39: Europe Traction Inverter Market Value Share (%) By Voltage, 2024
- Figure 40: Europe Traction Inverter Market Value (USD Billion) By Country, 2024 & 2032
- Figure 41: Europe Traction Inverter Value Share (%) By Country, 2024
- Figure 42: Asia Pacific Traction Inverter Market Value (USD Billion) By Vehicle Type, 2024 & 2032
- Figure 43: Asia Pacific Traction Inverter Market Value Share (%) By Vehicle Type, 2024
- Figure 44: Asia Pacific Traction Inverter Market Value (USD Billion) By Propulsion Type, 2024 & 2032
- Figure 45: Asia Pacific Traction Inverter Market Value Share (%) By Propulsion Type, 2024
- Figure 46: Asia Pacific Traction Inverter Market Value (USD Billion) By Technology, 2024 & 2032
- Figure 47: Asia Pacific Traction Inverter Market Value Share (%) By Technology, 2024
- Figure 48: Asia Pacific Traction Inverter Market Value (USD Billion) By Voltage, 2024 & 2032
- Figure 49: Asia Pacific Traction Inverter Market Value Share (%) By Voltage, 2024
- Figure 50: Asia Pacific Traction Inverter Market Value (USD Billion) By Country, 2024 & 2032
- Figure 51: Asia Pacific Traction Inverter Value Share (%) By Country, 2024
- Figure 52: Rest of the World Traction Inverter Market Value (USD Billion) By Vehicle Type, 2024 & 2032
- Figure 53: Rest of the World Traction Inverter Market Value Share (%) By Vehicle Type, 2024
- Figure 54: Rest of the World Traction Inverter Market Value (USD Billion) By Propulsion Type, 2024 & 2032
- Figure 55: Rest of the World Traction Inverter Market Value Share (%) By Propulsion Type, 2024
- Figure 56: Rest of the World Traction Inverter Market Value (USD Billion) By Technology, 2024 & 2032
- Figure 57: Rest of the World Traction Inverter Market Value Share (%) By Technology, 2024
- Figure 58: Rest of the World Traction Inverter Market Value (USD Billion) By Voltage, 2024 & 2032
- Figure 59: Rest of the World Traction Inverter Market Value Share (%) By Voltage, 2024
- Figure 60: Global Traction Inverter Market Rank Analysis, By Key Players, 2024
