Schaeffler AG developed high quality electric motors for commercial vehicles that are more than 97% efficient providing a continuous drive power output of up to 300 kW. It has 800-volt power electronics that deliver weight and cost savings for manufacturers, and require shorter charging times with an innovative thermal management system.
Renesas Electronics Corporation announced a new Intelligent Power Device (IPD) for automobiles, known as the RAJ2810024H12HPD. With this device, vehicles can distribute power safely and flexibly, addressing E/E (electrical/electronic) architecture requirements in the future.
Author Credits: Rushikesh, Richa Gupta
Report ID: 4511
Published Date: Aug 02, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Surge in the demand for automotive electronic components and the growing vehicle fleet are the major factors driving the growth of the market.
The market size of automotive powertrain electronics is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023 Ã¢â‚¬â€œ 2035.
The major players in the market are AVL List Gmbh, SEG Automotive Germany Gmbh, Robert Bosh Gmbh, Mitsubishi Electric Corporation, Infineon Technologies AG, NXP Semiconductors N.V., Texas Instruments Incorporated, Renesas Electronics Corporation, STMicroelectronics International.
The passenger cars segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.