Traction Inverter Market Worth USD 39,140.79 Million by 2028 at 17.2% CAGR Global Analysis by Propul
The traction inverter market growth driven by the increasing demand for electric and hybrid electric vehicles. The 3-phase voltage source inverter topology dominates the traction inverter market for BEVs and HEVs due to its high efficiency, low cost, and straightforward control requirements.
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