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Automotive On-Board Power Inverter Market to Grow by USD 162.2 Million from 2024-2028, Driven by Rising Adoption of PLCs in Industries Market Evolution Powered by AI – Technavio

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NEW YORK, Oct. 10, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Automotive On-Board Power Inverter Market  size is estimated to grow by USD 162.2 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.28%  during the forecast period. Increasing adoption of programmable logic controllers (PLCs) in industries is driving market growth, with a trend towards emergence of digitalization and industry 4.0 . However, cybersecurity concerns related to industrial relays  poses a challenge – Key market players include Ampeak, BESTEK, Cobra Electronics Corporation and Escort Inc., COTEK Electronic Ind. Co. Ltd., DAS Companies Inc., ERAYAK, Hitachi Ltd., Koninklijke Philips N.V., Lear Corp., Marelli Holdings Co. Ltd., ON Semiconductor Corp., Robert Bosch GmbH, Samlex America Inc., Schumacher Electric Corp., Sensata Technologies Inc., Stanley Black and Decker Inc., STMicroelectronics International N.V., Sungrow Power Supply Co. Ltd., Toyota Industries Corp., and VisIC Technologies Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Passenger cars and LCVs), Type (Up to 150W and More than 150W), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

Ampeak, BESTEK, Cobra Electronics Corporation and Escort Inc., COTEK Electronic Ind. Co. Ltd., DAS Companies Inc., ERAYAK, Hitachi Ltd., Koninklijke Philips N.V., Lear Corp., Marelli Holdings Co. Ltd., ON Semiconductor Corp., Robert Bosch GmbH, Samlex America Inc., Schumacher Electric Corp., Sensata Technologies Inc., Stanley Black and Decker Inc., STMicroelectronics International N.V., Sungrow Power Supply Co. Ltd., Toyota Industries Corp., and VisIC Technologies Inc.

Key Market Trends Fueling Growth

The automotive on-board power inverter market is driven by the increasing use of electronic devices in vehicles. Most automotive Original Equipment Manufacturers (OEMs) offer modified sinewave inverters due to cost considerations and user preference. These inverters can power personal devices like smartphones, tablets, and laptops. However, they are not suitable for complex medical equipment or devices that require a pure sine wave input. Pure sinewave inverters, though more expensive, produce less noise and can power a wider range of devices. As the demand for more advanced in-vehicle electronics grows, particularly in Light Commercial Vehicles (LCVs) and some SUVs, the market for pure sinewave inverters is expected to expand. This shift towards pure sinewave inverters will contribute to the growth of the global automotive on-board power inverter market during the forecast period. 

The Automotive On-Board Power Inverter market is witnessing significant trends in the transportation sector, particularly in mass transportation, sustainable mobility, and solar technologies. Materials innovation is key, with a focus on improving the efficiency of solar electric automobiles and battery electric vehicles (BEVs) and hybrid vehicles through the adoption of advanced semiconductors like wide-bandgap materials such as silicon carbide and gallium nitride. Efficiency improvements are also being made through power output electronics and charging infrastructure. Solar panels on vehicles are becoming more common, offering self-sufficiency and longer driving ranges. The market is also seeing the adoption of electrical devices in vehicles, from mobile phone chargers and laptops to air conditioning and heating systems. Government regulations are driving the market, with a focus on reducing emissions and increasing sustainability. Common configurations include 120V AC power, which can be supplied through a standard paint job with integrated solar panels or through a charging infrastructure. The inverter device converts DC power from the battery into AC power for use in the vehicle. Heat removal systems, such as air-cooled and forced ventilation systems, are important considerations for the market. Automotive Inverter Materials like silicon are used in the production of these systems. The market is expected to continue growing as the trend towards electrification and sustainable mobility continues. 

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Market Challenges

•         The installation and usage of automotive on-board power inverters are crucial aspects that require careful consideration. Improper installation or use of inappropriate devices can negatively impact a vehicle’s electrical system. Moreover, power vary among different inverters, and using unsuitable devices based on the on-board power rating may lead to system malfunctions. This can result in user dissatisfaction and hinder the growth of the global automotive on-board power inverter market. To mitigate these challenges, automotive OEMs must educate users about the recommended devices and provide training on system functionalities at the dealer level. By ensuring customer confidence in the reliability and safety of these systems, the market can overcome resistance and thrive during the forecast period.

•         The Automotive On-Board Power Inverter Market is witnessing significant growth due to the increasing adoption of electrical devices in vehicles. Devices like mobile phone chargers and laptops require DC power, which can be converted from AC power using inverters. Common configurations include cigarette lighter sockets, fuse panels, and 12V accessory sockets. However, challenges such as space constraints and regulations related to fuel efficiency requirement and greenhouse gas emission are hindering market growth. OEMs in the automobile sector are focusing on the demand for electric vehicles (EVs) and connected-vehicle services. High power output and high efficiency are crucial for EVs, making inverters an essential component. The market is expected to reach Terawatt capacity, driven by the adoption of renewable energy sources like solar capacity and lithium-ion batteries. Tesla, a key player, offers Powerwall and Powerpack solutions with high power output and AC frequency. The market’s future lies in the zero carbon approach, with a focus on motor torque, speed, and power density.

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Segment Overview 

This automotive on-board power inverter market report extensively covers market segmentation by

Application 1.1 Passenger cars1.2 LCVsType 2.1 Up to 150W2.2 More than 150WGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Passenger cars-  The Automotive On-Board Power Inverter market is experiencing significant growth due to increasing demand for electrical systems in vehicles. These inverters convert DC battery power into AC power, enabling the use of various electrical appliances in cars. Major automakers are investing in this technology to offer more comfort and convenience to consumers. The market is expected to expand at a steady pace, driven by rising sales of electric and hybrid vehicles.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The Automotive On-Board Power Inverter Market refers to the use of inverters in vehicles to convert DC power from the battery into AC power for various applications. Inverters are essential devices for powering electrical appliances such as mobile phone chargers, laptops, and even 120V AC power outlets in contemporary automobiles. Common configurations include those integrated with the fuse panel or cigarette lighter. Inverters work by converting DC power from the battery into AC power with a desired frequency and power output. High output density is crucial due to space constraints in vehicles. Regulations and fuel efficiency requirements, as well as the need to reduce greenhouse gas emissions, are driving the demand for more efficient inverters. Inverters are also used in electric vehicles to control the motor’s speed and torque. Solar capacity is another growing application area for automotive on-board power inverters.

Market Research Overview

The Automotive On-Board Power Inverter Market refers to the use of inverters in vehicles to convert DC power from batteries to AC power for various applications such as mobile phone chargers, laptops, and connected-vehicle services. Inverters are essential devices in contemporary automobiles, enabling the use of AC power in vehicles with DC power supplies. Common configurations include those found in fuse panels, 120V AC power outlets, and 12V accessory sockets. The adoption of electrical systems in vehicles, including the use of handheld devices and connected-vehicle services, is driving the demand for on-board power inverters. The demand is particularly high in electric and hybrid vehicles, which require inverters to convert DC power from batteries to AC power for motor control and other applications. Environmental concerns, including the reduction of CO2 emissions and greenhouse gas emissions, are also driving the growth of the automotive inverter market. Renewable energy sources, such as solar capacity, are being integrated into vehicles to increase self-sufficiency and reduce reliance on fossil fuels. Materials innovation, including the use of wide-bandgap semiconductors such as silicon carbide and gallium nitride, is leading to efficiency improvements and higher power output electronics. Charging infrastructure and government regulations are also key factors influencing the market. Automotive inverters are used in various applications, including motor control, torque conversion, and speed control. They come in different power output levels, with high output density inverters being used in electric vehicles and solar electric automobiles. Heat removal systems, such as air-cooled and forced ventilation systems, are essential for the efficient operation of on-board power inverters.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationPassenger CarsLCVsTypeUp To 150WMore Than 150WGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Context Labs AI Distillery™ Lets Enterprises Run Sovereign AI on Data They Own

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Company launches the Context Engine for trusted sovereign AI, which packages an enterprise’s own data with verified lineage for use with the frontier or open-weight model the enterprise chooses.

ABU DHABI, United Arab Emirates, Nov. 1, 2026 /PRNewswire/ — Context Labs B.V. (“Context Labs”), the AI Data Infrastructure company, today launched the Context Labs AI Distillery™, the Context Engine for trusted sovereign AI. The AI Distillery converts an enterprise’s operational and business data into a governed Context Package that the enterprise owns, creating their own protected competitive moat. Every answer an AI model draws from the package is traced to its source records, and the package works with the frontier or open weight model the customer chooses, inside the customer’s own environment.

Analysts have quantified the obstacle to scaling enterprise AI. Gartner predicts that through 2026 organizations will abandon 60% of AI projects unsupported by AI-ready data, and that over 40% of agentic AI projects will be canceled by the end of 2027. McKinsey reports that eight in ten companies name data limitations as the barrier to scaling AI agents. Gartner has also described what enterprises now need: software that lets teams construct, govern and deliver semantically organized knowledge to AI agents, built on ontologies and knowledge graphs.

 The Context Labs AI Distillery™ is designed around six outcomes:

Own your IP. An enterprise’s knowledge, know-how and operating context stay inside a Context Package that only it controls and are not used to train third-party AI models.

Own your AI. The intelligence employees create in everyday use accrues to the enterprise, not to a model provider, and grows with every interaction.

Trusted, provable answers. Every output carries its data lineage and decision provenance, so answers can be verified, audited, and defended.

Build, protect and scale a proprietary competitive asset. The Context Package captures how the enterprise describes and runs its operations, starting with one facility and extending to others without rebuilding.

Sovereign by design. The AI Distillery runs inside the customer’s own data center or chosen cloud, so data stays where the customer decides.

Freedom of model choice, at lower cost. Customers can use any frontier or open-weight model and switch models without rebuilding the Context Package. Precise, verified context reduces the tokens each query uses.

The AI Distillery works in three steps: distill, package, and prove. It maps an enterprise’s structured and unstructured data to industry-specific ontologies, stores the result in a Context Package with cryptographic provenance, and checks answers against the company’s own records before any model goes into production. Work that has typically required teams of specialist engineers becomes a guided, governed workflow.

Context Agents and the Semantic Context Tunnel. Context Agents answer operational, commercial and compliance questions from the enterprise’s Context Package, with every figure traced to its source. The Semantic Context Tunnel brings the same context into the AI assistant employees already use. Both work within the access controls the enterprise sets.

“Models come and go. An enterprise’s context should not,” said Dan Harple, Founder, Chairman and CEO of Context Labs. “Frontier models will keep improving, but they do not supply governance, provenance or trust, and they should not absorb the knowledge that makes a company competitive. The AI Distillery gives enterprises a moat they own: their own context, proven and protected, working with whichever model they choose. That is how our customers own their IP and own their AI.”

At ADIPEC 2026, Context Labs is demonstrating the AI Distillery on energy-sector use cases, in which a Context Agent answers operational questions with every figure traced to the underlying plant records. Context Labs is located Arab Development Group stand, Stand #5240, Hall 5 and in the Dell AI Factory with NVIDIA, AI Zone, Hall 13.

Availability. The Context Labs AI Distillery™ is available now through the Microsoft Marketplace. Each enterprise license includes an industry starter kit to accelerate time to value. Companies can request a briefing or technical working session at contextlabs.com/distillery.

About Context Labs B.V.

Context Labs is an AI Data Infrastructure company delivering the Context Engine for Trusted and Secure Sovereign AI. Its platform turns complex, fragmented operational, engineering and enterprise data into continuously verified, auditable information that AI systems, people and markets can trust. Built on an extensible library of industry-specific ontologies that map to established standards published by ISO and other standards bodies, the platform is deployable across sectors, with use-case applications delivering decision-ready intelligence on a common foundation. The Context Labs AI Distillery™ lets enterprises run sovereign AI inside their own data centers, so they own their IP and own their AI. Formed out of MIT research and led by a team that helped drive the at-scale growth of the Internet, Context Labs has offices in Amsterdam, Cambridge (Mass.), Houston and Abu Dhabi. Learn more at www.contextlabs.com.

Media contact
press@contextlabs.com | 1-617-902-0932 | contextlabs.com/resources

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From IFA Berlin to CES 2027: OlloBot Continues Its Journey in Emotional Companionship

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HONG KONG, Oct. 31, 2026 /PRNewswire/ — AI companion robot brand OlloBot made its European debut at IFA Berlin 2026, where its AI companion robot OlloNi SS1 was named an Honoree in the Best in Home & Entertainment category of the IFA Innovation Awards. The recognition, alongside feedback from visitors at the show, offered further encouragement for OlloBot’s belief that the future of home robotics lies not only in what robots can do, but also in the connections they can build with people.

In the Top 10 Trends in China’s Robotics and Embodied Intelligence Market for 2026, IDC identifies the evolution of educational and companion robots into all-age home intelligent terminals as a key trend. The report highlights a growing emphasis on long-term companionship, contextual understanding and ongoing content services, with value extending beyond specific functions to lasting relationships and services.

OlloBot is building its identity around this shift. Rather than developing humanoid robots or devices primarily centered on task execution, the brand is exploring a different path through what it calls “Cyber Pet,” an emerging category of home companions designed around emotional relationships. Its approach starts with a simple question: how can a robot become a familiar and meaningful presence in someone’s life?

For OlloBot, the answer lies in restraint. A companion robot should not replace human relationships or compete for a user’s constant attention. It should learn when to engage and when to step back. The goal is not about delivering a moment of novelty or amusement. It is about creating a unique relationship that can expand with each interaction and gradually become personally meaningful.

“We believe home robots need to enter the household through emotional connection,” said Lyn Fang, founder of OlloBot. “Technology can create the conditions for interaction, but meaningful companionship comes from how those interactions make people feel over time.”

At IFA, the enthusiasm from visitors offered a tangible reflection of this approach. Under the theme “Touch. Feel. Bond.,” OlloBot created an open, home-inspired setting where visitors could interact with OlloNi SS1 directly. Powered by OlloBot’s proprietary EmpathCore emotional engine and Affinilog interaction system, OlloNi SS1 engages dynamically through touch, sound and facial expressions. OlloNi SS1 also appeared in IFA’s “Robots on the Runway” showcase, where its emotional engine enabled it to react to its surroundings in real time. Visitors were not simply examining a device or comparing functions. They were exploring how it responded to them. The experience reinforced the brand’s conviction that, in the home, emotional connection can matter as much as technical capability.

Next stop: Las Vegas

The recognition and feedback at IFA mark an encouraging step as OlloBot continues to advance its product development and commercialization. Looking ahead to CES 2027, OlloBot is set to take the next step in its journey by introducing two all-new robot family members: a desktop lamp-form robot and OlloBot Gen 2. Visitors will also get a first look at a rich lineup of IP merchandise and ecosystem peripherals built around the flagship OlloVerse universe. Please stay tuned—OlloBot looks forward to welcoming everyone in Las Vegas and sharing how its expanding ecosystem continues to redefine emotional companionship in the home.

About OlloBot

OlloBot is an AI companion robot brand developed by Ollobot Robotics Limited, a Hong Kong-based company and part of BizConf Technology Co., Ltd. (SZSE: 300578).

The company focuses on embodied intelligence and family-oriented AI companion robots designed to support more natural interaction, emotional presence and connection in modern homes. Through its Cyber Pet concept, OlloBot aims to explore how AI and robotics can become a more meaningful and approachable part of everyday family life.

For more information, please visit ollobot.com.

YouTube:https://www.youtube.com/@ollo_botFacebook:https://www.facebook.com/ollobotofficialInstagram:https://www.instagram.com/ollo_botThreads:https://www.threads.com/@ollo_botTikTok:https://www.tiktok.com/@ollo_botX:https://x.com/OLLOBOT_Real

 

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SOURCE OlloBot

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A new way to explore Japan with AI: Naviu AR Travel Companion for Japan Launches November 1 2026

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Patent pending geospatial technology brings 29 language guidance and city scale AR navigation to travelers

TOKYO, Oct. 31, 2026 /PRNewswire/ — Naviu, a business under TANGLE Inc., offering an AI-powered augmented-reality travel companion for Japan, launches on iOS and Android on November 1. Built on patent-pending geospatial technology, Naviu places AR content and navigation accurately in the real world across entire cities, without requiring a visual positioning system.

Travelers can ask Naviu about anything around them and receive answers in any of 29 languages, grounded in their exact location. A semi-transparent AR path provides turn-by-turn guidance, an AI companion walks with the traveler, and the app reveals side-street cafes, local landmarks, and other places that conventional maps and guidebooks may overlook.

About Naviu

Naviu combines an ask-anything AI guide, city-scale AR navigation, photo recognition, bespoke trip planning, and an optional cultural storytelling companion. Its spatial content network also allows brands, cities, and creators to place interactive 3D and AR content in the real world. AR experiences are already live at landmarks including Senso-ji, Tokyo Skytree, Tokyo Tower, Meiji Jingu, and Tokyo Station.

Naviu is available on the App Store and Google Play.

Official site: naviu.app

Key Features

Ask-anything AI guide: Conversational answers about any place in 29 languages, grounded in precise location dataCultural storytelling and guidance: An optional companion mode that guides travelers street by street and narrates local history and storiesAR navigation: A semi-transparent augmented-reality path overlaid on real streets across entire citiesPhoto recognition: Travelers can point the camera at a temple, sign, or storefront and ask what it isBespoke trip planning: Itineraries built around dietary needs, interests, accessibility, and available timeSpatial content network: Brands, cities, and creators can place interactive 3D and AR content in the real world

Statement from the Head of Naviu

“The hard part of traveling in Japan isn’t getting lost. It’s standing in front of something remarkable with no idea what it is. Naviu answers that question in your own language, right where you’re standing, so the city opens up instead of staying a backdrop.”
Jack Mead
CEO of Ashita Co. and Head of Naviu

About TANGLE Inc

TANGLE Inc. is the Tokyo-based company behind the tour operators TOMOGO! and Untold Japan. Its mission, Make the City Yours, reflects a decade of helping travelers discover Japan beyond the guidebook and now extends that experience into software through Naviu.

Company

TANGLE Inc.

Headquarters

Tokyo, Japan

Representative Director

Kengo Goto

Business

TOMOGO!, Untold Japan, and development and operation of Naviu

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SOURCE TANGLE Inc.

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