| Product Code: ETC10157518 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
During 2020-2024, Canada experienced a steady increase in imports of power electronics for EVs, with a Compound Annual Growth Rate (CAGR) of 6.53%. However, in 2023-2024, there was a slight decline in the year-on-year growth rate, which stood at -10.88%. Overall, the import trend showed positive growth over the period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Power Electronics for EVs Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Power Electronics for EVs Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Power Electronics for EVs Market - Industry Life Cycle |
3.4 Canada Power Electronics for EVs Market - Porter's Five Forces |
3.5 Canada Power Electronics for EVs Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Canada Power Electronics for EVs Market Revenues & Volume Share, By Vehicle Type, 2022 & 2032F |
3.7 Canada Power Electronics for EVs Market Revenues & Volume Share, By Component, 2022 & 2032F |
3.8 Canada Power Electronics for EVs Market Revenues & Volume Share, By End Use, 2022 & 2032F |
4 Canada Power Electronics for EVs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for electric vehicles (EVs) in Canada. |
4.2.2 Growing environmental awareness and initiatives promoting clean energy solutions. |
4.2.3 Technological advancements leading to improved performance and efficiency of power electronics for EVs. |
4.3 Market Restraints |
4.3.1 High initial cost of power electronics for EVs compared to traditional vehicles. |
4.3.2 Limited charging infrastructure for EVs in certain regions of Canada. |
5 Canada Power Electronics for EVs Market Trends |
6 Canada Power Electronics for EVs Market, By Types |
6.1 Canada Power Electronics for EVs Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Power Electronics for EVs Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Canada Power Electronics for EVs Market Revenues & Volume, By Inverter, 2022 - 2032F |
6.1.4 Canada Power Electronics for EVs Market Revenues & Volume, By Converter, 2022 - 2032F |
6.1.5 Canada Power Electronics for EVs Market Revenues & Volume, By Onboard Charger, 2022 - 2032F |
6.1.6 Canada Power Electronics for EVs Market Revenues & Volume, By Power Modules, 2022 - 2032F |
6.2 Canada Power Electronics for EVs Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Canada Power Electronics for EVs Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2022 - 2032F |
6.2.3 Canada Power Electronics for EVs Market Revenues & Volume, By Plug-in Hybrid (PHEV), 2022 - 2032F |
6.2.4 Canada Power Electronics for EVs Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2022 - 2032F |
6.2.5 Canada Power Electronics for EVs Market Revenues & Volume, By Fuel Cell Electric Vehicle (FCEV), 2022 - 2032F |
6.3 Canada Power Electronics for EVs Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Canada Power Electronics for EVs Market Revenues & Volume, By Power Module, 2022 - 2032F |
6.3.3 Canada Power Electronics for EVs Market Revenues & Volume, By Power IC, 2022 - 2032F |
6.3.4 Canada Power Electronics for EVs Market Revenues & Volume, By Discrete Devices, 2022 - 2032F |
6.3.5 Canada Power Electronics for EVs Market Revenues & Volume, By Sensors, 2022 - 2032F |
6.4 Canada Power Electronics for EVs Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Canada Power Electronics for EVs Market Revenues & Volume, By Passenger Vehicles, 2022 - 2032F |
6.4.3 Canada Power Electronics for EVs Market Revenues & Volume, By Commercial Vehicles, 2022 - 2032F |
6.4.4 Canada Power Electronics for EVs Market Revenues & Volume, By Public Transport, 2022 - 2032F |
6.4.5 Canada Power Electronics for EVs Market Revenues & Volume, By Industrial Vehicles, 2022 - 2032F |
7 Canada Power Electronics for EVs Market Import-Export Trade Statistics |
7.1 Canada Power Electronics for EVs Market Export to Major Countries |
7.2 Canada Power Electronics for EVs Market Imports from Major Countries |
8 Canada Power Electronics for EVs Market Key Performance Indicators |
8.1 Average charging time for EVs in Canada. |
8.2 Percentage of EV sales compared to total vehicle sales in Canada. |
8.3 Number of public charging stations for EVs per capita in Canada. |
9 Canada Power Electronics for EVs Market - Opportunity Assessment |
9.1 Canada Power Electronics for EVs Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Canada Power Electronics for EVs Market Opportunity Assessment, By Vehicle Type, 2022 & 2032F |
9.3 Canada Power Electronics for EVs Market Opportunity Assessment, By Component, 2022 & 2032F |
9.4 Canada Power Electronics for EVs Market Opportunity Assessment, By End Use, 2022 & 2032F |
10 Canada Power Electronics for EVs Market - Competitive Landscape |
10.1 Canada Power Electronics for EVs Market Revenue Share, By Companies, 2025 |
10.2 Canada Power Electronics for EVs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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