Advanced Power Electronics Drive Strong Expansion of the Electric...

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2026-02-09 10:19:02 -

Advanced Power Electronics Drive Strong Expansion of the Electric Vehicle Motor Controller Market

The global electric vehicle motor (EVM) controller market is emerging as a critical pillar of the electric mobility ecosystem, driven by the rapid adoption of electric vehicles (EVs) and increasing demand for energy-efficient, high-performance powertrain systems. Valued at US$ 5.6 billion in 2024, the market is projected to grow at a robust CAGR of 10.8% from 2025 to 2035, reaching an estimated...

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