Traction Inverter Market Size, Share & Industry Analysis, By Technology (IGBTs and MOSFETs), By Vehicle Type (Two Wheeler, Passenger Cars, Commercial Vehicles, and Train), By Propulsion Type (Battery Electric Vehicle (BEV) and Hybrid Electric Vehicle (HEV)), By Voltage (Up to 200V, 201 to 900V and Above 901V), and Regional Forecast, 2026-2034

Last Updated: January 19, 2026 | Format: PDF | Report ID: FBI112108

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Table of Content

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions and Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
4. Market Trends
Key Insights
1. Key Industry Developments - Mergers, Acquisitions & Partnerships
2. Latest Technological Advancements
3. Porters Five Forces Analysis
4. Suppliers Outlook
5. Impact of COVID-19 Pandemic on Global Traction Inverter Market
Global Traction Inverter Market Analysis, Insights and Forecast, 2021-2034
1. Key Findings / Definition
2. Market Analysis, Insights and Forecast - By Vehicle Type
  1. Two Wheeler
  2. Passenger Car
  3. Commercial Vehicle
  4. Train
3. Market Analysis, Insights and Forecast - By Propulsion Type
  1. BEV
  2. HEV
4. Market Analysis, Insights and Forecast - By Technology
  1. IGBT
  2. MOSFET
5. Market Analysis, Insights and Forecast - By Voltage
  1. Up to 200V
  2. 201 to 900V
  3. Above 901V
6. Market Analysis, Insights and Forecast - By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of the World
North America Traction Inverter Market Analysis, Insights and Forecast, 2021-2034
1. Market Analysis, Insights and Forecast - By Vehicle Type
  1. Two Wheeler
  2. Passenger Car
  3. Commercial Vehicle
  4. Train
2. Market Analysis, Insights and Forecast - By Propulsion Type
  1. BEV
  2. HEV
3. Market Analysis, Insights and Forecast - By Technology
  1. IGBT
  2. MOSFET
4. Market Analysis, Insights and Forecast - By Voltage
  1. Up to 200V
  2. 201 to 900V
  3. Above 901V
5. Market Analysis, Insights and Forecast - By Country
  1. U.S.
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  2. Canada
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  3. Mexico
    1. Market Analysis, Insights and Forecast - By Vehicle Type
Europe Traction Inverter Market Analysis, Insights and Forecast, 2021-2034
1. Market Analysis, Insights and Forecast - By Vehicle Type
  1. Two Wheeler
  2. Passenger Car
  3. Commercial Vehicle
  4. Train
2. Market Analysis, Insights and Forecast - By Propulsion Type
  1. BEV
  2. HEV
3. Market Analysis, Insights and Forecast - By Technology
  1. IGBT
  2. MOSFET
4. Market Analysis, Insights and Forecast - By Voltage
  1. Up to 200V
  2. 201 to 900V
  3. Above 901V
5. Market Analysis, Insights and Forecast - By Country
  1. U.K.
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  2. Germany
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  3. France
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  4. Rest of Europe
    1. Market Analysis, Insights and Forecast - By Vehicle Type
Asia Pacific Traction Inverter Market Analysis, Insights and Forecast, 2021-2034
1. Market Analysis, Insights and Forecast - By Vehicle Type
  1. Two Wheeler
  2. Passenger Car
  3. Commercial Vehicle
  4. Train
2. Market Analysis, Insights and Forecast - By Propulsion Type
  1. BEV
  2. HEV
3. Market Analysis, Insights and Forecast - By Technology
  1. IGBT
  2. MOSFET
4. Market Analysis, Insights and Forecast - By Voltage
  1. Up to 200V
  2. 201 to 900V
  3. Above 901V
5. Market Analysis, Insights and Forecast - By Country
  1. China
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  2. Japan
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  3. India
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  4. South Korea
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  5. Rest of Asia Pacific
    1. Market Analysis, Insights and Forecast - By Vehicle Type
Rest of the World Traction Inverter Market Analysis, Insights and Forecast, 2021-2034
1. Market Analysis, Insights and Forecast - By Vehicle Type
  1. Two Wheeler
  2. Passenger Car
  3. Commercial Vehicle
  4. Train
2. Market Analysis, Insights and Forecast - By Propulsion Type
  1. BEV
  2. HEV
3. Market Analysis, Insights and Forecast - By Technology
  1. IGBT
  2. MOSFET
4. Market Analysis, Insights and Forecast - By Voltage
  1. Up to 200V
  2. 201 to 900V
  3. Above 901V
Competitive Analysis
1. Key Industry Developments
2. Global Market Rank Analysis (2025)
3. Competitive Dashboard
4. Comparative Analysis - Major Players
5. Company Profiles
  1. Siemens AG (Germany)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  2. Infineon Technologies AG (Germany)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  3. Continental AG (Germany)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  4. Robert Bosch GmbH (Germany)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  5. Delphi Technologies (UK)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  6. Hitachi Automotive Systems (Japan)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  7. Mitsubishi Electric Corporation (Japan)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  8. Toshiba Corporation (Japan)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  9. Texas Instruments Incorporated (U.S.)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  10. ABB Ltd (Switzerland)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions and Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
4. Market Trends
Key Insights
1. Key Industry Developments - Mergers, Acquisitions & Partnerships
2. Latest Technological Advancements
3. Porters Five Forces Analysis
4. Suppliers Outlook
5. Impact of COVID-19 Pandemic on Global Traction Inverter Market
Global Traction Inverter Market Analysis, Insights and Forecast, 2021-2034
1. Key Findings / Definition
2. Market Analysis, Insights and Forecast - By Vehicle Type
  1. Two Wheeler
  2. Passenger Car
  3. Commercial Vehicle
  4. Train
3. Market Analysis, Insights and Forecast - By Propulsion Type
  1. BEV
  2. HEV
4. Market Analysis, Insights and Forecast - By Technology
  1. IGBT
  2. MOSFET
5. Market Analysis, Insights and Forecast - By Voltage
  1. Up to 200V
  2. 201 to 900V
  3. Above 901V
6. Market Analysis, Insights and Forecast - By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of the World
North America Traction Inverter Market Analysis, Insights and Forecast, 2021-2034
1. Market Analysis, Insights and Forecast - By Vehicle Type
  1. Two Wheeler
  2. Passenger Car
  3. Commercial Vehicle
  4. Train
2. Market Analysis, Insights and Forecast - By Propulsion Type
  1. BEV
  2. HEV
3. Market Analysis, Insights and Forecast - By Technology
  1. IGBT
  2. MOSFET
4. Market Analysis, Insights and Forecast - By Voltage
  1. Up to 200V
  2. 201 to 900V
  3. Above 901V
5. Market Analysis, Insights and Forecast - By Country
  1. U.S.
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  2. Canada
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  3. Mexico
    1. Market Analysis, Insights and Forecast - By Vehicle Type
Europe Traction Inverter Market Analysis, Insights and Forecast, 2021-2034
1. Market Analysis, Insights and Forecast - By Vehicle Type
  1. Two Wheeler
  2. Passenger Car
  3. Commercial Vehicle
  4. Train
2. Market Analysis, Insights and Forecast - By Propulsion Type
  1. BEV
  2. HEV
3. Market Analysis, Insights and Forecast - By Technology
  1. IGBT
  2. MOSFET
4. Market Analysis, Insights and Forecast - By Voltage
  1. Up to 200V
  2. 201 to 900V
  3. Above 901V
5. Market Analysis, Insights and Forecast - By Country
  1. U.K.
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  2. Germany
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  3. France
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  4. Rest of Europe
    1. Market Analysis, Insights and Forecast - By Vehicle Type
Asia Pacific Traction Inverter Market Analysis, Insights and Forecast, 2021-2034
1. Market Analysis, Insights and Forecast - By Vehicle Type
  1. Two Wheeler
  2. Passenger Car
  3. Commercial Vehicle
  4. Train
2. Market Analysis, Insights and Forecast - By Propulsion Type
  1. BEV
  2. HEV
3. Market Analysis, Insights and Forecast - By Technology
  1. IGBT
  2. MOSFET
4. Market Analysis, Insights and Forecast - By Voltage
  1. Up to 200V
  2. 201 to 900V
  3. Above 901V
5. Market Analysis, Insights and Forecast - By Country
  1. China
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  2. Japan
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  3. India
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  4. South Korea
    1. Market Analysis, Insights and Forecast - By Vehicle Type
  5. Rest of Asia Pacific
    1. Market Analysis, Insights and Forecast - By Vehicle Type
Rest of the World Traction Inverter Market Analysis, Insights and Forecast, 2021-2034
1. Market Analysis, Insights and Forecast - By Vehicle Type
  1. Two Wheeler
  2. Passenger Car
  3. Commercial Vehicle
  4. Train
2. Market Analysis, Insights and Forecast - By Propulsion Type
  1. BEV
  2. HEV
3. Market Analysis, Insights and Forecast - By Technology
  1. IGBT
  2. MOSFET
4. Market Analysis, Insights and Forecast - By Voltage
  1. Up to 200V
  2. 201 to 900V
  3. Above 901V
Competitive Analysis
1. Key Industry Developments
2. Global Market Rank Analysis (2025)
3. Competitive Dashboard
4. Comparative Analysis - Major Players
5. Company Profiles
  1. Siemens AG (Germany)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  2. Infineon Technologies AG (Germany)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  3. Continental AG (Germany)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  4. Robert Bosch GmbH (Germany)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  5. Delphi Technologies (UK)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  6. Hitachi Automotive Systems (Japan)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  7. Mitsubishi Electric Corporation (Japan)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  8. Toshiba Corporation (Japan)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  9. Texas Instruments Incorporated (U.S.)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  10. ABB Ltd (Switzerland)
    1. Overview
    2. Products & services
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)

Read Less

List of Figures

Figure 1: Global Traction Inverter Market Revenue Breakdown (USD Billion, %) By Region, 2025 & 2034

Figure 2: Global Traction Inverter Market (%) Breakdown By Vehicle Type, 2025 & 2034

Figure 3: Global Traction Inverter Market (USD Billion) Breakdown By Two Wheeler, 2021-2034

Figure 4: Global Traction Inverter Market (USD Billion) Breakdown By Passenger Car, 2021-2034

Figure 5: Global Traction Inverter Market (USD Billion) Breakdown By Commercial Vehicle, 2021-2034

Figure 6: Global Traction Inverter Market (USD Billion) Breakdown By Train, 2021-2034

Figure 7: Global Traction Inverter Market (%) Breakdown By Propulsion Type, 2025 & 2034

Figure 8: Global Traction Inverter Market (USD Billion) Breakdown By BEV, 2021-2034

Figure 9: Global Traction Inverter Market (USD Billion) Breakdown By HEV, 2021-2034

Figure 10: Global Traction Inverter Market (%) Breakdown By Technology, 2025 & 2034

Figure 11: Global Traction Inverter Market (USD Billion) Breakdown By IGBT, 2021-2034

Figure 12: Global Traction Inverter Market (USD Billion) Breakdown By MOSFET, 2021-2034

Figure 13: Global Traction Inverter Market (%) Breakdown By Voltage, 2025 & 2034

Figure 14: Global Traction Inverter Market (USD Billion) Breakdown By Up to 200V, 2021-2034

Figure 15: Global Traction Inverter Market (USD Billion) Breakdown By 201 to 900V, 2021-2034

Figure 16: Global Traction Inverter Market (USD Billion) Breakdown By Above 901V, 2021-2034

Figure 17: Global Traction Inverter Market Share (%) By Region, 2025 & 2034

Figure 18: Global Traction Inverter Market Forecast (USD Billion), By North America, 2021-2034

Figure 19: Global Traction Inverter Market Forecast (USD Billion), By Europe, 2021-2034

Figure 20: Global Traction Inverter Market Forecast (USD Billion), By Asia Pacific, 2021-2034

Figure 21: Global Traction Inverter Market Forecast (USD Billion), By Rest of the World, 2021-2034

Figure 22: North America Traction Inverter Market Value (USD Billion) By Vehicle Type, 2025 & 2034

Figure 23: North America Traction Inverter Market Value Share (%) By Vehicle Type, 2025

Figure 24: North America Traction Inverter Market Value (USD Billion) By Propulsion Type, 2025 & 2034

Figure 25: North America Traction Inverter Market Value Share (%) By Propulsion Type, 2025

Figure 26: North America Traction Inverter Market Value (USD Billion) By Technology, 2025 & 2034

Figure 27: North America Traction Inverter Market Value Share (%) By Technology, 2025

Figure 28: North America Traction Inverter Market Value (USD Billion) By Voltage, 2025 & 2034

Figure 29: North America Traction Inverter Market Value Share (%) By Voltage, 2025

Figure 30: North America Traction Inverter Market Value (USD Billion) By Country, 2025 & 2034

Figure 31: North America Traction Inverter Value Share (%) By Country, 2025

Figure 32: Europe Traction Inverter Market Value (USD Billion) By Vehicle Type, 2025 & 2034

Figure 33: Europe Traction Inverter Market Value Share (%) By Vehicle Type, 2025

Figure 34: Europe Traction Inverter Market Value (USD Billion) By Propulsion Type, 2025 & 2034

Figure 35: Europe Traction Inverter Market Value Share (%) By Propulsion Type, 2025

Figure 36: Europe Traction Inverter Market Value (USD Billion) By Technology, 2025 & 2034

Figure 37: Europe Traction Inverter Market Value Share (%) By Technology, 2025

Figure 38: Europe Traction Inverter Market Value (USD Billion) By Voltage, 2025 & 2034

Figure 39: Europe Traction Inverter Market Value Share (%) By Voltage, 2025

Figure 40: Europe Traction Inverter Market Value (USD Billion) By Country, 2025 & 2034

Figure 41: Europe Traction Inverter Value Share (%) By Country, 2025

Figure 42: Asia Pacific Traction Inverter Market Value (USD Billion) By Vehicle Type, 2025 & 2034

Figure 43: Asia Pacific Traction Inverter Market Value Share (%) By Vehicle Type, 2025

Figure 44: Asia Pacific Traction Inverter Market Value (USD Billion) By Propulsion Type, 2025 & 2034

Figure 45: Asia Pacific Traction Inverter Market Value Share (%) By Propulsion Type, 2025

Figure 46: Asia Pacific Traction Inverter Market Value (USD Billion) By Technology, 2025 & 2034

Figure 47: Asia Pacific Traction Inverter Market Value Share (%) By Technology, 2025

Figure 48: Asia Pacific Traction Inverter Market Value (USD Billion) By Voltage, 2025 & 2034

Figure 49: Asia Pacific Traction Inverter Market Value Share (%) By Voltage, 2025

Figure 50: Asia Pacific Traction Inverter Market Value (USD Billion) By Country, 2025 & 2034

Figure 51: Asia Pacific Traction Inverter Value Share (%) By Country, 2025

Figure 52: Rest of the World Traction Inverter Market Value (USD Billion) By Vehicle Type, 2025 & 2034

Figure 53: Rest of the World Traction Inverter Market Value Share (%) By Vehicle Type, 2025

Figure 54: Rest of the World Traction Inverter Market Value (USD Billion) By Propulsion Type, 2025 & 2034

Figure 55: Rest of the World Traction Inverter Market Value Share (%) By Propulsion Type, 2025

Figure 56: Rest of the World Traction Inverter Market Value (USD Billion) By Technology, 2025 & 2034

Figure 57: Rest of the World Traction Inverter Market Value Share (%) By Technology, 2025

Figure 58: Rest of the World Traction Inverter Market Value (USD Billion) By Voltage, 2025 & 2034

Figure 59: Rest of the World Traction Inverter Market Value Share (%) By Voltage, 2025

Figure 60: Global Traction Inverter Market Rank Analysis, By Key Players, 2025

List of Tables

Table 1: Global Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 2: Global Traction Inverter Market, (USD Billion) Forecast, By Propulsion Type, 2021-2034

Table 3: Global Traction Inverter Market, (USD Billion) Forecast, By Technology, 2021-2034

Table 4: Global Traction Inverter Market, (USD Billion) Forecast, By Voltage, 2021-2034

Table 5: Global Traction Inverter Market (USD Billion) Forecast, By Region, 2021-2034

Table 6: North America Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 7: North America Traction Inverter Market, (USD Billion) Forecast, By Propulsion Type, 2021-2034

Table 8: North America Traction Inverter Market, (USD Billion) Forecast, By Technology, 2021-2034

Table 9: North America Traction Inverter Market, (USD Billion) Forecast, By Voltage, 2021-2034

Table 10: North America Traction Inverter Market (USD Billion) Forecast, By Country, 2021-2034

Table 11: U.S. Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 12: Canada Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 13: Mexico Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 14: Europe Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 15: Europe Traction Inverter Market, (USD Billion) Forecast, By Propulsion Type, 2021-2034

Table 16: Europe Traction Inverter Market, (USD Billion) Forecast, By Technology, 2021-2034

Table 17: Europe Traction Inverter Market, (USD Billion) Forecast, By Voltage, 2021-2034

Table 18: Europe Traction Inverter Market (USD Billion) Forecast, By Country, 2021-2034

Table 19: U.K. Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 20: Germany Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 21: France Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 22: Rest of Europe Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 23: Asia Pacific Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 24: Asia Pacific Traction Inverter Market, (USD Billion) Forecast, By Propulsion Type, 2021-2034

Table 25: Asia Pacific Traction Inverter Market, (USD Billion) Forecast, By Technology, 2021-2034

Table 26: Asia Pacific Traction Inverter Market, (USD Billion) Forecast, By Voltage, 2021-2034

Table 27: Asia Pacific Traction Inverter Market (USD Billion) Forecast, By Country, 2021-2034

Table 28: China Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 29: Japan Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 30: India Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 31: South Korea Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 32: Rest of Asia Pacific Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 33: Rest of the World Traction Inverter Market, (USD Billion) Forecast, By Vehicle Type, 2021-2034

Table 34: Rest of the World Traction Inverter Market, (USD Billion) Forecast, By Propulsion Type, 2021-2034

Table 35: Rest of the World Traction Inverter Market, (USD Billion) Forecast, By Technology, 2021-2034

Table 36: Rest of the World Traction Inverter Market, (USD Billion) Forecast, By Voltage, 2021-2034

STUDY PERIOD: 2021-2034
BASE YEAR: 2025
HISTORICAL DATA: 2021-2024
NO OF PAGES: 200

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