Global EV power control unit market is anticipated to grow at a significant CAGR during the forecast period. Leading authorities are implementing strict emission regulations to reduce the emission of harmful pollutants into the environment, which in turn is fueling the demand for zero-emission electric vehicles. The surge in need for better mileage in automobiles and fuel efficiency is fostering the demand for high power battery thereby accelerating the EV power control unit market. Supportive government policies to promote electric vehicle manufacturing and usage in the form of income tax rebates, reimbursement policies, subsidies are expected to boost the sale of electric vehicles around the globe. The rise in the investments made by the leading authorities for the development of efficient electric vehicle charging stations and hydrogen fueling stations is expected to fuel the demand for electric vehicles across the globe that in turn is expected to propel the global EV power control unit market growth in the next five years. Ongoing technological advancements and the reduction in the required cost for the production of electric vehicle batteries on a larger scale are expected to contribute significantly to the global EV power control unit market growth. This is due to the lowering of the manufacturing costs for batteries and reduced cathode prices, thereby influencing the sales of electric vehicles around the globe.

Global EV power control unit market is segmented into vehicle type, demand category, component, regional distribution, and company. Based on regional analysis, the Asia-pacific region is expected to dominate the global EV power control market for the forecast period, 2022-2026. The presence of several developing countries such as India and China due to favorable government initiatives and the high demand for emission-free vehicles contributes to market growth.

The major players operating in the global EV power control unit market are Bosch GMBH, Aptiv PLC, Continental AG, Denso Corporation, Hitachi Astemo, Ltd., Keihin Corporation, Electrodrive Powertrain Solutions Pvt. Ltd, Pektron Group Ltd., BorgWarner Inc., Mitsubishi Electric Corporation, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze the historical growth of the market size of global EV power control unit market from 2016 to 2019.
  • To estimate and forecast the market size of global EV power control unit market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast global EV power control unit market based on vehicle type, demand category, component, regional distribution, and company.
  • To identify dominant region or segment in the global EV power control unit market.
  • To identify drivers and challenges for global EV power control unit market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global EV power control unit market.
  • To identify and analyze the profile of leading players operating in global EV power control unit market.
  • To identify key sustainable strategies adopted by market players in global EV power control unit market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global EV power control unit market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • EV power control unit manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to EV power control unit market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global EV power control unit market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Global EV Power Control Unit Market, By Vehicle Type:

    • Two-Wheeler
    • Passenger Car
    • Three-Wheeler
    • Commercial Vehicle
  • Global EV Power Control Unit Market, By Demand Category:
    • OEM
    • Replacement
  • Global EV Power Control Unit Market, By Component:
    • Inverter
    • Low Voltage DC-DC Converter
    • Vehicle Control Unit
    • Others
  • Global EV Power Control Unit Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific

§  China

§  India

§  Japan

§  Malaysia

§  Thailand

§  Indonesia

§  Vietnam

§  Philippines

    • Europe & CIS

§  Germany

§  France

§  United Kingdom

§  Spain

§  Italy

§  Belgium

§  Austria

§  Russia

§  Turkey

    • South America

§  Brazil

§  Argentina

§  Colombia

§  Peru

o   Middle East & Africa

§  South Africa

§  UAE

§  Saudi Arabia

§  Qatar

§  Bahrain

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global EV power control unit market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global EV power control unit market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global EV Power Control Unit Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Aided Brand Recall and Unaided Brand Recall

5.3.  Brand Satisfaction Level

6.    Global EV Power Control Unit Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value and Volume

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type (Two-Wheeler, Passenger Car, Three-Wheeler, Commercial Vehicle)

6.2.2.     By Demand Category (OEM vs Replacement)

6.2.3.     By Component (Inverter, Low Voltage DC-DC Converter, Vehicle Control Unit, Others)

6.2.4.     By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)

6.2.5.     By Company (2020)

6.3.  EV Fleet, By Vehicle Type, 2016-2020

6.4.  Product Market Map (By Type, By Region)

7.    North America EV Power Control Unit Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value and Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type

7.2.2.     By Demand Category

7.2.3.     By Component

7.2.4.     By Country (United States; Canada; Mexico)

7.3.  Vehicle Fleet, By Type, 2016-2020

7.4.  Product Market Map (By Type, By Country)

7.5.  North America: Country Analysis

7.5.1.     United States EV Power Control Unit Market Outlook

7.5.1.1.         Market Size & Forecast

7.5.1.1.1.             By Value and Volume

7.5.1.2.         Market Share & Forecast

7.5.1.2.1.             By Vehicle Type

7.5.1.2.2.             By Demand Category

7.5.1.2.3.             By Component

7.5.1.3.         EV Fleet Size, By Vehicle Type, 2016-2020

7.5.2.     Canada EV Power Control Unit Market Outlook

7.5.2.1.         Market Size & Forecast

7.5.2.1.1.             By Value and Volume

7.5.2.2.         Market Share & Forecast

7.5.2.2.1.             By Vehicle Type

7.5.2.2.2.             By Demand Category

7.5.2.2.3.             By Component

7.5.2.3.         EV Fleet Size, By Vehicle Type, 2016-2020

7.5.3.     Mexico EV Power Control Unit Market Outlook

7.5.3.1.         Market Size & Forecast

7.5.3.1.1.             By Value and Volume

7.5.3.2.         Market Share & Forecast

7.5.3.2.1.             By Vehicle Type

7.5.3.2.2.             By Demand Category

7.5.3.2.3.             By Component

7.5.3.3.         EV Fleet Size, By Vehicle Type, 2016-2020

8.    Asia Pacific EV Power Control Unit Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value and Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type

8.2.2.     By Demand Category

8.2.3.     By Component

8.2.4.     By Country (China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, Philippines)

8.3.  EV Fleet Size, By Vehicle Type, 2020

8.4.  Asia Pacific: Country Analysis

8.4.1.     China EV Power Control Unit Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value and Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Vehicle Type

8.4.1.2.2.             By Demand Category

8.4.1.2.3.             By Component

8.4.1.3.         EV Fleet Size, By Vehicle Type, 2016-2020

8.4.2.     India EV Power Control Unit Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value and Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Vehicle Type

8.4.2.2.2.             By Demand Category

8.4.2.2.3.             By Component

8.4.2.3.         EV Fleet Size, By Vehicle Type, 2016-2020

8.4.3.     Japan EV Power Control Unit Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value and Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Vehicle Type

8.4.3.2.2.             By Demand Category

8.4.3.2.3.             By Component

8.4.3.3.         EV Fleet Size, By Vehicle Type, 2016-2020

8.4.4.     Malaysia EV Power Control Unit Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value and Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Vehicle Type

8.4.4.2.2.             By Demand Category

8.4.4.2.3.             By Component

8.4.4.3.         EV Fleet Size, By Vehicle Type, 2016-2020

8.4.5.     Thailand EV Power Control Unit Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value and Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Vehicle Type

8.4.5.2.2.             By Demand Category

8.4.5.2.3.             By Component

8.4.5.3.         EV Fleet Size, By Vehicle Type, 2016-2020

8.4.6.     Indonesia EV Power Control Unit Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value and Volume

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By Vehicle Type

8.4.6.2.2.             By Demand Category

8.4.6.2.3.             By Component

8.4.6.3.         EV Fleet Size, By Vehicle Type, 2016-2020

8.4.7.     Vietnam EV Power Control Unit Market Outlook

8.4.7.1.         Market Size & Forecast

8.4.7.1.1.             By Value and Volume

8.4.7.2.         Market Share & Forecast

8.4.7.2.1.             By Vehicle Type

8.4.7.2.2.             By Demand Category

8.4.7.2.3.             By Component

8.4.7.3.         EV Fleet Size, By Vehicle Type, 2016-2020

8.4.8.     Philippines EV Power Control Unit Market Outlook

8.4.8.1.         Market Size & Forecast

8.4.8.1.1.             By Value and Volume

8.4.8.2.         Market Share & Forecast

8.4.8.2.1.             By Vehicle Type

8.4.8.2.2.             By Demand Category

8.4.8.2.3.             By Component

8.4.8.3.         EV Fleet Size, By Vehicle Type, 2016-2020

9.    Europe & CIS EV Power Control Unit Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value and Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Demand Category

9.2.3.     By Component

9.2.4.     By Country (Germany, France, United Kingdom, Spain, Italy, Belgium, Austria, Russia, Turkey)

9.3.  EV Fleet Size, By Vehicle Type, 2020

9.4.  Product Market Map (By Type, By Country)

9.5.  Europe & CIS: Country Analysis

9.5.1.     Germany EV Power Control Unit Market Outlook

9.5.1.1.         Market Size & Forecast

9.5.1.1.1.             By Value and Volume

9.5.1.2.         Market Share & Forecast

9.5.1.2.1.             By Vehicle Type

9.5.1.2.2.             By Demand Category

9.5.1.2.3.             By Component

9.5.1.3.         EV Fleet Size, By Vehicle Type, 2016-2020

9.5.2.     France EV Power Control Unit Market Outlook

9.5.2.1.         Market Size & Forecast

9.5.2.1.1.             By Value and Volume

9.5.2.2.         Market Share & Forecast

9.5.2.2.1.             By Vehicle Type

9.5.2.2.2.             By Demand Category

9.5.2.2.3.             By Component

9.5.2.3.         EV Fleet Size, By Vehicle Type, 2016-2020

9.5.3.     United Kingdom EV Power Control Unit Market Outlook

9.5.3.1.         Market Size & Forecast

9.5.3.1.1.             By Value and Volume

9.5.3.2.         Market Share & Forecast

9.5.3.2.1.             By Vehicle Type

9.5.3.2.2.             By Demand Category

9.5.3.2.3.             By Component

9.5.3.3.         EV Fleet Size, By Vehicle Type, 2016-2020

9.5.4.     Spain EV Power Control Unit Market Outlook

9.5.4.1.         Market Size & Forecast

9.5.4.1.1.             By Value and Volume

9.5.4.2.         Market Share & Forecast

9.5.4.2.1.             By Vehicle Type

9.5.4.2.2.             By Demand Category

9.5.4.2.3.             By Component

9.5.4.3.         EV Fleet Size, By Vehicle Type, 2016-2020

9.5.5.     Italy EV Power Control Unit Market Outlook

9.5.5.1.         Market Size & Forecast

9.5.5.1.1.             By Value and Volume

9.5.5.2.         Market Share & Forecast

9.5.5.2.1.             By Vehicle Type

9.5.5.2.2.             By Demand Category

9.5.5.2.3.             By Component

9.5.5.3.         EV Fleet Size, By Vehicle Type, 2016-2020

9.5.6.     Belgium EV Power Control Unit Market Outlook

9.5.6.1.         Market Size & Forecast

9.5.6.1.1.             By Value and Volume

9.5.6.2.         Market Share & Forecast

9.5.6.2.1.             By Vehicle Type

9.5.6.2.2.             By Demand Category

9.5.6.2.3.             By Component

9.5.6.3.         EV Fleet Size, By Vehicle Type, 2016-2020

9.5.7.     Austria EV Power Control Unit Market Outlook

9.5.7.1.         Market Size & Forecast

9.5.7.1.1.             By Value and Volume

9.5.7.2.         Market Share & Forecast

9.5.7.2.1.             By Vehicle Type

9.5.7.2.2.             By Demand Category

9.5.7.2.3.             By Component

9.5.7.3.         EV Fleet Size, By Vehicle Type, 2016-2020

9.5.8.     Russia EV Power Control Unit Market Outlook

9.5.8.1.         Market Size & Forecast

9.5.8.1.1.             By Value and Volume

9.5.8.2.         Market Share & Forecast

9.5.8.2.1.             By Vehicle Type

9.5.8.2.2.             By Demand Category

9.5.8.2.3.             By Component

9.5.8.3.         EV Fleet Size, By Vehicle Type, 2016-2020

9.5.9.     Turkey EV Power Control Unit Market Outlook

9.5.9.1.         Market Size & Forecast

9.5.9.1.1.             By Value and Volume

9.5.9.2.         Market Share & Forecast

9.5.9.2.1.             By Vehicle Type

9.5.9.2.2.             By Demand Category

9.5.9.2.3.             By Component

9.5.9.3.         EV Fleet Size, By Vehicle Type, 2016-2020

10.  South America EV Power Control Unit Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value and Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Demand Category

10.2.3.  By Component

10.2.4.  By Country (Brazil, Argentina, Colombia, Peru)

10.3.              EV Fleet Size, By Vehicle Type, 2020

10.4.              Product Market Map (By Type, By Country)

10.5.              South America: Country Analysis

10.5.1.  Brazil EV Power Control Unit Market Outlook

10.5.1.1.      Market Size & Forecast

10.5.1.1.1.           By Value and Volume

10.5.1.2.      Market Share & Forecast

10.5.1.2.1.           By Vehicle Type

10.5.1.2.2.           By Demand Category

10.5.1.2.3.           By Component

10.5.1.3.      EV Fleet Size, By Vehicle Type, 2016-2020

10.5.2.  Argentina EV Power Control Unit Market Outlook

10.5.2.1.      Market Size & Forecast

10.5.2.1.1.           By Value and Volume

10.5.2.2.      Market Share & Forecast

10.5.2.2.1.           By Vehicle Type

10.5.2.2.2.           By Demand Category

10.5.2.2.3.           By Component

10.5.2.3.      EV Fleet Size, By Vehicle Type, 2016-2020

10.5.3.  Colombia EV Power Control Unit Market Outlook