South America Traction Inverter Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Propulsion type (BEV, HEV, PHEV, and Others), Voltage type (Up to 200V, 200 to 900V, and 900v and above), Technology type (IGBT, MOSFET, and Others), and Vehicle type (Passenger Cars, Commercial Vehicles, and Others)

The traction inverter market in SAM is expected to grow from US$ 698.62 million in 2022 to US$ 1,291.96 million by 2028. It is estimated to grow at a CAGR of 10.8% from 2022 to 2028.

High demand for lithium-ion battery

The production of automotive lithium-ion battery was 160 GWh in 2020 with an increase of 33% from 2019. Thus, rise is attributed to 41% increase in electric car registrations and constant average battery capacity of 55 KWh and 14 kWH for BEVs and PHEVs, respectively. The increase of 10% has been registered for other modes of transport. Although the market share of lithium-ion phosphate batteries has increased, it is still less than 4%. The weighted average cost of automotive batteries declined by 13% in 2020 form 2019, reaching USD 137/KWh at a pack level as per BNEFs yearly survey of battery prices. Low pricing is made available for large quantities of purchases, which is supported by a teardown investigation of a VW ID3 that revealed an approximate cost of USD 100/KWh for its battery cells. As most of the plug-in hybrids and all the electric vehicles use lithium-ion batteries higher demand for the same is attributed to drive the growth of the market.

Market Overview

The traction inverter market in SAM is primarily categorized into Brazil and Argentina. The Rest of the SAM countries include Chile, Colombia, Guatemala, and Peru. SAM economies mainly depend upon imported goods and commodities. However, with the rise in FDIs, several industries are coming up and contributing substantially to the respective country’s GDP. Rapid urbanization, rising environmental concerns, traffic congestion, evolving mobility patterns, and government initiatives to promote public transportation are expected to drive demand for electric buses in SAM throughout the forecast period. Many countries in the region employ electric vehicles to cut emissions and air pollution. Although some are ahead of the curve, others are still lagging. According to the United Nations Environment Programme's Integrated Assessment of Short-Lived Climate Pollutants in SAM and the Caribbean assessment, around 64,000 persons in SAM and the Caribbean die prematurely each year due to air pollution produced by vehicles.

SAM Traction Inverter Market Revenue and Forecast to 2028 (US$ Million)

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SAM Traction Inverter Market Segmentation

The SAM traction inverter market is segmented into propulsion type, voltage type, technology type, vehicle type, and country. Based on propulsion type, the market is segmented into BEV, HEV, PHEV, and others. The BEV segment registered the largest market share in 2022.

Based on voltage type, the SAM traction inverter market is segmented 200V, 200 to 900V, 900V and above. The 200 to 900V segment registered the largest market share in 2022.
Based on technology type, the SAM traction inverter market is segmented into IGBT, MOSFET and others. The MOSFET segment registered the largest market share in 2022.
Based on vehicle type, the SAM traction inverter market is segmented into passenger cars, commercial vehicles, and others. The passenger cars segment registered the largest market share in 2022.
Based on country, the market is segmented into Brazil, Argentina, and the Rest of SAM. The Rest of SAM dominated the market share in 2022.

BorgWarner Inc.; Continental AG; Curtiss-Wright Industrial Group; Dana TM4; Delphi Technologies Plc; Hitachi, Ltd.; Mitsubishi Electric Corporation; Siemens AG; Toshiba Corporation; and Voith GmbH & Co. KGaA are the leading companies operating in the traction inverter market in the region.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 SAM Traction Inverter Market– By Propulsion type

1.3.2 SAM Traction Inverter Market– By Voltage type

1.3.3 SAM Traction Inverter Market– By Technology type

1.3.4 SAM Traction Inverter Market– By Vehicle type

1.3.5 SAM Traction Inverter Market– By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM Traction Inverter Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Traction Inverter Market- Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Demand of Electric and Hybrid Electric Vehicles

5.1.2 High demand for lithium-ion battery

5.2 Market Restraints

5.2.1 Shortage of semiconductors and chips

5.3 Market Opportunities

5.3.1 Government and market players initiatives to booster the market growth

5.4 Future Trends

5.4.1 Adoption of Advanced Technologies

5.5 Impact Analysis of Drivers and Restraints

6. Traction Inverter Market– SAM Market Analysis

6.1 SAM Traction Inverter Market Overview

6.2 SAM Traction Inverter Market Forecast and Analysis

7. SAM Traction Inverter Market Revenue and Forecast to 2028 – Propulsion type

7.1 Overview

7.2 SAM Traction Inverter Market, By Propulsion type (2021 And 2028)

7.3 BEV

7.3.1 Overview

7.3.2 BEV: Traction Inverter Market Revenue and Forecast To 2028 (US$ Million)

7.4 HEV

7.4.1 Overview

7.4.2 HEV: Traction Inverter Market Revenue and Forecast To 2028 (US$ Million)

7.5 PHEV

7.5.1 Overview

7.5.2 PHEV: Traction Inverter Market Revenue and Forecast To 2028 (US$ Million)

7.6 Others

7.6.1 Overview

7.6.2 Others: Traction Inverter Market Revenue and Forecast To 2028 (US$ Million)

8. SAM Traction Inverter Market Revenue and Forecast to 2028 – Voltage type

8.1 Overview

8.2 SAM Traction Inverter Market, By Voltage type (2021 And 2028)

8.3 Up to 200V

8.3.1 Overview

8.3.2 Up to 200V: Traction Inverter Market Revenue and Forecast To 2028 (US$ Million)

8.4 to 900V

8.4.1 Overview

8.4.2 to 900V: Traction Inverter Market Revenue and Forecast To 2028 (US$ Million)

8.5V and above

8.5.1 Overview

8.5.2V and above: Traction Inverter Market Revenue and Forecast To 2028 (US$ Million)

9. SAM Traction Inverter Market Revenue and Forecast to 2028 – Technology type

9.1 Overview

9.2 SAM Traction Inverter Market, By Technology type (2021 And 2028)

9.3 IGBT

9.3.1 Overview

9.3.2 IGBT: Traction Inverter Market Revenue and Forecast To 2028 (US$ Million)

9.4 MOSFET

9.4.1 Overview

9.4.2 MOSFET: Traction Inverter Market Revenue and Forecast To 2028 (US$ Million)

9.5 Others

9.5.1 Overview

9.5.2 Others: Traction Inverter Market – Revenue and Forecast to 2028 (US$ Million)

10. SAM Traction Inverter Market – By Vehicle Type

10.1 Overview

10.2 SAM Traction Inverter Market, by Vehicle Type (2021 and 2028)

10.3 Passenger Cars

10.3.1 Overview

10.3.2 Passenger Cars: Traction Inverter Market – Revenue and Forecast to 2028 (US$ Million)

10.4 Commercial Vehicles

10.4.1 Overview

10.4.2 Commercial Vehicles: Traction Inverter Market – Revenue and Forecast to 2028 (US$ Million)

10.5 Others

10.5.1 Overview

10.5.2 Others: Traction Inverter Market – Revenue and Forecast to 2028 (US$ Million)

11. SAM Traction Inverter Market– Country Analysis

11.1 Overview

11.1.1 SAM: Traction Inverter, by Key Country

11.1.1.1 Brazil: Traction Inverter Market– Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 Brazil: Traction Inverter Market, By Propulsion type

11.1.1.1.2 Brazil: Traction Inverter Market, By Voltage type

11.1.1.1.3 Brazil: Traction Inverter Market, By Technology type

11.1.1.1.4 Brazil: Traction Inverter Market, By Vehicle type

11.1.1.2 Argentina: Traction Inverter Market– Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Argentina: Traction Inverter Market, By Propulsion type

11.1.1.2.2 Argentina: Traction Inverter Market, By Voltage type

11.1.1.2.3 Argentina: Traction Inverter Market, By Technology type

11.1.1.2.4 Argentina: Traction Inverter Market, By Vehicle type

11.1.1.3 Rest of SAM: Traction Inverter Market– Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 Rest of SAM: Traction Inverter Market, By Propulsion type

11.1.1.3.2 Rest of SAM: Traction Inverter Market, By Voltage type

11.1.1.3.3 Rest of SAM: Traction Inverter Market, By Technology type

11.1.1.3.4 Rest of SAM: Traction Inverter Market, By Vehicle type

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

12.4 Merger and Acquisition

13. Company Profile

13.1 BorgWarner Inc.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Continental AG

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Delphi Technologies Plc

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Hitachi, Ltd.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Mitsubishi Electric Corporation

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Siemens AG

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Toshiba Corporation

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Voith GmbH & Co. KGaA

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Curtiss-Wright Industrial Group

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Dana TM4

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. SAM Traction Inverter Market, Revenue and Forecast, 2019–2028 (US$ Million)

Table 2. Brazil: Traction Inverter Market, By Propulsion type – Revenue and Forecast to 2028 (US$ Million)

Table 3. Brazil: Traction Inverter Market, By Voltage type – Revenue and Forecast to 2028 (US$ Million)

Table 4. Brazil: Traction Inverter Market, By Technology type– Revenue and Forecast to 2028 (US$ Million)

Table 5. Brazil: Traction Inverter Market, By Vehicle type– Revenue and Forecast to 2028 (US$ Million)

Table 6. Argentina: Traction Inverter Market, By Propulsion type – Revenue and Forecast to 2028 (US$ Million)

Table 7. Argentina: Traction Inverter Market, By Voltage type – Revenue and Forecast to 2028 (US$ Million)

Table 8. Argentina: Traction Inverter Market, By Technology type– Revenue and Forecast to 2028 (US$ Million)

Table 9. Argentina: Traction Inverter Market, By Vehicle type– Revenue and Forecast to 2028 (US$ Million)

Table 10. Rest of SAM: Traction Inverter Market, By Propulsion type – Revenue and Forecast to 2028 (US$ Million)

Table 11. Rest of SAM: Traction Inverter Market, By Voltage type – Revenue and Forecast to 2028 (US$ Million)

Table 12. Rest of SAM: Traction Inverter Market, By Technology type– Revenue and Forecast to 2028 (US$ Million)

Table 13. Rest of SAM: Traction Inverter Market, By Vehicle type– Revenue and Forecast to 2028 (US$ Million)

Table 14. List of Abbreviation

LIST OF FIGURES

Figure 1. SAM Traction Inverter Market Segmentation

Figure 2. SAM Traction Inverter Market Segmentation – Country

Figure 3. SAM Traction Inverter Market Overview

Figure 4. SAM Traction Inverter Market, By Voltage type

Figure 5. SAM Traction Inverter Market, By Country

Figure 6. SAM: PEST Analysis

Figure 7. Traction Inverter Market Ecosystem Analysis

Figure 8. Expert Opinion

Figure 9. SAM Traction Inverter Market: Impact Analysis of Drivers and Restraints

Figure 10. SAM Traction Inverter Market, Forecast and Analysis (US$ Million)

Figure 11. SAM Traction Inverter Market, By Propulsion type (2021 and 2028)

Figure 12. SAM BEV: Traction Inverter Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. SAM HEV: Traction Inverter Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. SAM PHEV: Traction Inverter Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. SAM Others: Traction Inverter Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. SAM Traction Inverter Market, By Voltage type (2021 and 2028)

Figure 17. SAM Up to 200V: Traction Inverter Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. SAM 200 to 900V: Traction Inverter Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. SAM 900V and above: Traction Inverter Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. SAM Traction Inverter Market, By Technology type (2021 and 2028)

Figure 21. SAM IGBT: Traction Inverter Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. SAM MOSFET: Traction Inverter Market Revenue and Forecast to 2028 (US$ Million)

Figure 23. SAM Others: Traction Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. SAM Traction Inverter Market Revenue Share, by Vehicle Type (2021 and 2028)

Figure 25. SAM Passenger Cars: Traction Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. SAM Commercial Vehicles: Traction Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. SAM Others: Traction Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. SAM Traction Inverter Market, by Key Country – Revenue (2021) (US$ Million)

Figure 29. SAM: Traction Inverter Revenue Share, by Key Country (2021 and 2028)

Figure 30. Brazil: Traction Inverter Market– Revenue and Forecast to 2028 (US$ Million)

Figure 31. Argentina: Traction Inverter Market– Revenue and Forecast to 2028 (US$ Million)

Figure 32. Rest of SAM: Traction Inverter Market– Revenue and Forecast to 2028 (US$ Million)

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM traction inverter market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM traction inverter market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the traction inverter market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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