Automotive Traction Inverter Market to Reach $46.3 billion, Globally, by 2032 at 16.4% CAGR: Allied Market Research

The global automotive traction inverters market is driven by adoption of silicon carbide (SiC) MOSFETs and high-voltage batteries, surge in demand for electric vehicles, increased demand for enhanced motor performance, and operational efficiency. PORTLAND, Ore., July 31, 2023 /PRNewswire/…