EV Traction Inverter Market to Surpass USD 30.7 Billion by 2035

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2025-09-15 14:57:29 -

The EV traction inverter market is projected to reach USD 7.8 billion in 2025 and accelerate to USD 30.7 billion by 2035, advancing at a compound annual growth rate (CAGR) of 14.7%. This growth reflects the growing importance of traction inverters, which convert DC battery power into AC power for electric motors an essential function for efficiency, performance, and range. Between...

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