| Product Code: ETC10157454 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India power electronics for EVs market import shipments demonstrated steady growth with a CAGR of 8.8% from 2020 to 2024. Notably, there was an acceleration in growth between 2023 and 2024 with a growth rate of 11.6%, indicating an expanding market momentum during that 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 India Power Electronics for EVs Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Power Electronics for EVs Market Revenues & Volume, 2021 & 2031F |
3.3 India Power Electronics for EVs Market - Industry Life Cycle |
3.4 India Power Electronics for EVs Market - Porter's Five Forces |
3.5 India Power Electronics for EVs Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Power Electronics for EVs Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 India Power Electronics for EVs Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 India Power Electronics for EVs Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 India Power Electronics for EVs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting electric vehicles (EVs) and charging infrastructure |
4.2.2 Increasing awareness about environmental sustainability and reducing carbon footprint |
4.2.3 Technological advancements in power electronics for EVs |
4.3 Market Restraints |
4.3.1 High initial cost of power electronics components for EVs |
4.3.2 Lack of standardized regulations and policies for EV adoption |
4.3.3 Limited availability of charging infrastructure in certain regions |
5 India Power Electronics for EVs Market Trends |
6 India Power Electronics for EVs Market, By Types |
6.1 India Power Electronics for EVs Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Power Electronics for EVs Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Power Electronics for EVs Market Revenues & Volume, By Inverter, 2021 - 2031F |
6.1.4 India Power Electronics for EVs Market Revenues & Volume, By Converter, 2021 - 2031F |
6.1.5 India Power Electronics for EVs Market Revenues & Volume, By Onboard Charger, 2021 - 2031F |
6.1.6 India Power Electronics for EVs Market Revenues & Volume, By Power Modules, 2021 - 2031F |
6.2 India Power Electronics for EVs Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 India Power Electronics for EVs Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021 - 2031F |
6.2.3 India Power Electronics for EVs Market Revenues & Volume, By Plug-in Hybrid (PHEV), 2021 - 2031F |
6.2.4 India Power Electronics for EVs Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021 - 2031F |
6.2.5 India Power Electronics for EVs Market Revenues & Volume, By Fuel Cell Electric Vehicle (FCEV), 2021 - 2031F |
6.3 India Power Electronics for EVs Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 India Power Electronics for EVs Market Revenues & Volume, By Power Module, 2021 - 2031F |
6.3.3 India Power Electronics for EVs Market Revenues & Volume, By Power IC, 2021 - 2031F |
6.3.4 India Power Electronics for EVs Market Revenues & Volume, By Discrete Devices, 2021 - 2031F |
6.3.5 India Power Electronics for EVs Market Revenues & Volume, By Sensors, 2021 - 2031F |
6.4 India Power Electronics for EVs Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 India Power Electronics for EVs Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.4.3 India Power Electronics for EVs Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.4.4 India Power Electronics for EVs Market Revenues & Volume, By Public Transport, 2021 - 2031F |
6.4.5 India Power Electronics for EVs Market Revenues & Volume, By Industrial Vehicles, 2021 - 2031F |
7 India Power Electronics for EVs Market Import-Export Trade Statistics |
7.1 India Power Electronics for EVs Market Export to Major Countries |
7.2 India Power Electronics for EVs Market Imports from Major Countries |
8 India Power Electronics for EVs Market Key Performance Indicators |
8.1 Average battery range of EVs in India |
8.2 Number of charging stations per capita in key cities |
8.3 Adoption rate of power electronics components in newly manufactured EV models |
9 India Power Electronics for EVs Market - Opportunity Assessment |
9.1 India Power Electronics for EVs Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Power Electronics for EVs Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 India Power Electronics for EVs Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 India Power Electronics for EVs Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 India Power Electronics for EVs Market - Competitive Landscape |
10.1 India Power Electronics for EVs Market Revenue Share, By Companies, 2024 |
10.2 India 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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