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【Research Report: In The Third Quarter, The Installation Volume Of Electric Vehicle Traction Power Inverters In China Accounted For 61% Of The Global Total.】According To The Latest Research By Trendforce, In The Third Quarter Of 2024, The Total Installation Volume Of Global Electric Vehicle Traction Power Inverters Reached 6.87 Million Units, Which Is A 7% Increase Quarter-On-Quarter, Although The Growth Rate Has Reduced Compared To The Same Period Last Year. In The Competition Among First-Tier Suppliers, Byd Benefited From Its Popular Models, With Its Market Share Of Traction Inverters Increasing By 1% In The Third Quarter, Reaching 18%, Surpassing Japan'S Denso For The First Time To Become The Company With The Highest Market Share. Shenzhen Inovance Technology'S Market Share Also Increased To 6%, Demonstrating The Continuous Strengthening Of The Competitiveness Of Chinese Manufacturers In This Field. Overall, Chinese Manufacturers, Japanese Manufacturers, And Tesla Together Occupy Half Of The Global Installation Volume, While The Influence Of European And American Manufacturers Is Gradually Weakening. Trendforce States That The Differentiation In The Traction Inverter Sector Is Becoming Increasingly Apparent, With The Installation Volume In The Chinese Market Accounting For 61% Of The Global Total, While Europe Is Actively Reforming Under The Pressure Of Market Shrinkage, Cutting Expenditures To Enhance The Competitiveness Of The Electric Vehicle Industry Chain. In The Short Term, Stable Demand In The Chinese Market Will Continue To Support The Growth Of The Traction Inverter Market. In The Long Term, If The European Auto Industry Chain Can Successfully Implement Reforms, It Will Help Boost The Overall Performance Of The Global Traction Inverter And Electric Vehicle Markets

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