Automotive Power Electronics Market to Reach US$ 19.4 Billion by...

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2026-01-27 03:46:17 -

Automotive Power Electronics Market to Reach US$ 19.4 Billion by 2036, Driven by Rapid EV Adoption and Advances in Semiconductor Technologies

The global Automotive Power Electronics Market was valued at US$ 5.1 Billion in 2025 and is projected to reach US$ 19.4 Billion by 2036, expanding at a robust CAGR of 11.4% from 2026 to 2036. This strong growth trajectory is driven by the rapid adoption of electric and hybrid vehicles, limited charging infrastructure necessitating more efficient onboard power management, and the rising demand...

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