Next-Generation Power Semiconductors Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Next-generation power semiconductors are new in power semiconductors. Silicon-based power semiconductors are currently unable to meet the need for the job, so companies are trying to develop next-generation power semiconductors to provide better electrical connectivity by using SiC and GaN.
MARKET DYNAMICS
In recent years, the rapid growth of the next-generation semiconductor power market has been driven by the proliferation of computers and consumer electronics, such as flat panel displays, desktop computers, notebooks, netbooks, smartphones, and portable media players, which require advanced power management to improve power efficiency and extend battery life. Market players are focusing on both organic and inorganic growth strategies to sustain the competitive environment, such as the successful acquisition of Cree, Inc. in June 2016 by Infineon Technologies. Similarly, in May 2016, NXP Semiconductors announced a new multi-channel automotive LED Driver IC product.
MARKET SCOPE
The "Global Next-Generation Power Semiconductors Market Analysis To 2031" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The next-generation power semiconductors market report aims to provide an overview of the next-generation power semiconductors market with detailed market segmentation by type, application, and geography. The global next-generation power semiconductors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading next-generation power semiconductors market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global next-generation power semiconductors market is segmented on the basis of type and application. Based on type, the next-generation power semiconductors market is segmented into: GaN, SiC, and Others. Based on application, next-generation power semiconductors market is segmented into: Renewable Energy, Hybrid and Electric Vehicles, Smart Homes, LED Lights, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global next-generation power semiconductors market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The next-generation power semiconductors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the next-generation power semiconductors market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the next-generation power semiconductors market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global next-generation power semiconductors market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The next-generation power semiconductors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the next-generation power semiconductors market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the next-generation power semiconductors market in these regions.
MARKET PLAYERS
The reports cover key developments in the next-generation power semiconductors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from next-generation power semiconductors market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the next-generation power semiconductors market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the next-generation power semiconductors market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Cisco Systems, Inc.
- Fuji Electric Co., Ltd.
- Infineon Technologies AG
- Mitsubishi Electric Corporation
- NXP Semiconductors
- Renesas Electronics Corporation
- SEMIKRON
- STMicroelectronics
- TOSHIBA CORPORATION
- Vishay Intertechnology, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Next-Generation Power Semiconductors Market - By Type
1.3.2 Next-Generation Power Semiconductors Market - By Application
1.3.3 Next-Generation Power Semiconductors Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. NEXT-GENERATION POWER SEMICONDUCTORS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. NEXT-GENERATION POWER SEMICONDUCTORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. NEXT-GENERATION POWER SEMICONDUCTORS MARKET - GLOBAL MARKET ANALYSIS
6.1. NEXT-GENERATION POWER SEMICONDUCTORS - GLOBAL MARKET OVERVIEW
6.2. NEXT-GENERATION POWER SEMICONDUCTORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. NEXT-GENERATION POWER SEMICONDUCTORS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. GAN
7.3.1. Overview
7.3.2. GaN Market Forecast and Analysis
7.4. SIC
7.4.1. Overview
7.4.2. SiC Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. NEXT-GENERATION POWER SEMICONDUCTORS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. RENEWABLE ENERGY
8.3.1. Overview
8.3.2. Renewable Energy Market Forecast and Analysis
8.4. HYBRID AND ELECTRIC VEHICLES
8.4.1. Overview
8.4.2. Hybrid and Electric Vehicles Market Forecast and Analysis
8.5. SMART HOMES
8.5.1. Overview
8.5.2. Smart Homes Market Forecast and Analysis
8.6. LED LIGHTS
8.6.1. Overview
8.6.2. LED Lights Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. NEXT-GENERATION POWER SEMICONDUCTORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Next-Generation Power Semiconductors Market Overview
9.1.2 North America Next-Generation Power Semiconductors Market Forecasts and Analysis
9.1.3 North America Next-Generation Power Semiconductors Market Forecasts and Analysis - By Type
9.1.4 North America Next-Generation Power Semiconductors Market Forecasts and Analysis - By Application
9.1.5 North America Next-Generation Power Semiconductors Market Forecasts and Analysis - By Countries
9.1.5.1 United States Next-Generation Power Semiconductors Market
9.1.5.1.1 United States Next-Generation Power Semiconductors Market by Type
9.1.5.1.2 United States Next-Generation Power Semiconductors Market by Application
9.1.5.2 Canada Next-Generation Power Semiconductors Market
9.1.5.2.1 Canada Next-Generation Power Semiconductors Market by Type
9.1.5.2.2 Canada Next-Generation Power Semiconductors Market by Application
9.1.5.3 Mexico Next-Generation Power Semiconductors Market
9.1.5.3.1 Mexico Next-Generation Power Semiconductors Market by Type
9.1.5.3.2 Mexico Next-Generation Power Semiconductors Market by Application
9.2. EUROPE
9.2.1 Europe Next-Generation Power Semiconductors Market Overview
9.2.2 Europe Next-Generation Power Semiconductors Market Forecasts and Analysis
9.2.3 Europe Next-Generation Power Semiconductors Market Forecasts and Analysis - By Type
9.2.4 Europe Next-Generation Power Semiconductors Market Forecasts and Analysis - By Application
9.2.5 Europe Next-Generation Power Semiconductors Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Next-Generation Power Semiconductors Market
9.2.5.1.1 Germany Next-Generation Power Semiconductors Market by Type
9.2.5.1.2 Germany Next-Generation Power Semiconductors Market by Application
9.2.5.2 France Next-Generation Power Semiconductors Market
9.2.5.2.1 France Next-Generation Power Semiconductors Market by Type
9.2.5.2.2 France Next-Generation Power Semiconductors Market by Application
9.2.5.3 Italy Next-Generation Power Semiconductors Market
9.2.5.3.1 Italy Next-Generation Power Semiconductors Market by Type
9.2.5.3.2 Italy Next-Generation Power Semiconductors Market by Application
9.2.5.4 United Kingdom Next-Generation Power Semiconductors Market
9.2.5.4.1 United Kingdom Next-Generation Power Semiconductors Market by Type
9.2.5.4.2 United Kingdom Next-Generation Power Semiconductors Market by Application
9.2.5.5 Russia Next-Generation Power Semiconductors Market
9.2.5.5.1 Russia Next-Generation Power Semiconductors Market by Type
9.2.5.5.2 Russia Next-Generation Power Semiconductors Market by Application
9.2.5.6 Rest of Europe Next-Generation Power Semiconductors Market
9.2.5.6.1 Rest of Europe Next-Generation Power Semiconductors Market by Type
9.2.5.6.2 Rest of Europe Next-Generation Power Semiconductors Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Next-Generation Power Semiconductors Market Overview
9.3.2 Asia-Pacific Next-Generation Power Semiconductors Market Forecasts and Analysis
9.3.3 Asia-Pacific Next-Generation Power Semiconductors Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Next-Generation Power Semiconductors Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Next-Generation Power Semiconductors Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Next-Generation Power Semiconductors Market
9.3.5.1.1 Australia Next-Generation Power Semiconductors Market by Type
9.3.5.1.2 Australia Next-Generation Power Semiconductors Market by Application
9.3.5.2 China Next-Generation Power Semiconductors Market
9.3.5.2.1 China Next-Generation Power Semiconductors Market by Type
9.3.5.2.2 China Next-Generation Power Semiconductors Market by Application
9.3.5.3 India Next-Generation Power Semiconductors Market
9.3.5.3.1 India Next-Generation Power Semiconductors Market by Type
9.3.5.3.2 India Next-Generation Power Semiconductors Market by Application
9.3.5.4 Japan Next-Generation Power Semiconductors Market
9.3.5.4.1 Japan Next-Generation Power Semiconductors Market by Type
9.3.5.4.2 Japan Next-Generation Power Semiconductors Market by Application
9.3.5.5 South Korea Next-Generation Power Semiconductors Market
9.3.5.5.1 South Korea Next-Generation Power Semiconductors Market by Type
9.3.5.5.2 South Korea Next-Generation Power Semiconductors Market by Application
9.3.5.6 Rest of Asia-Pacific Next-Generation Power Semiconductors Market
9.3.5.6.1 Rest of Asia-Pacific Next-Generation Power Semiconductors Market by Type
9.3.5.6.2 Rest of Asia-Pacific Next-Generation Power Semiconductors Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Next-Generation Power Semiconductors Market Overview
9.4.2 Middle East and Africa Next-Generation Power Semiconductors Market Forecasts and Analysis
9.4.3 Middle East and Africa Next-Generation Power Semiconductors Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Next-Generation Power Semiconductors Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Next-Generation Power Semiconductors Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Next-Generation Power Semiconductors Market
9.4.5.1.1 South Africa Next-Generation Power Semiconductors Market by Type
9.4.5.1.2 South Africa Next-Generation Power Semiconductors Market by Application
9.4.5.2 Saudi Arabia Next-Generation Power Semiconductors Market
9.4.5.2.1 Saudi Arabia Next-Generation Power Semiconductors Market by Type
9.4.5.2.2 Saudi Arabia Next-Generation Power Semiconductors Market by Application
9.4.5.3 U.A.E Next-Generation Power Semiconductors Market
9.4.5.3.1 U.A.E Next-Generation Power Semiconductors Market by Type
9.4.5.3.2 U.A.E Next-Generation Power Semiconductors Market by Application
9.4.5.4 Rest of Middle East and Africa Next-Generation Power Semiconductors Market
9.4.5.4.1 Rest of Middle East and Africa Next-Generation Power Semiconductors Market by Type
9.4.5.4.2 Rest of Middle East and Africa Next-Generation Power Semiconductors Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Next-Generation Power Semiconductors Market Overview
9.5.2 South and Central America Next-Generation Power Semiconductors Market Forecasts and Analysis
9.5.3 South and Central America Next-Generation Power Semiconductors Market Forecasts and Analysis - By Type
9.5.4 South and Central America Next-Generation Power Semiconductors Market Forecasts and Analysis - By Application
9.5.5 South and Central America Next-Generation Power Semiconductors Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Next-Generation Power Semiconductors Market
9.5.5.1.1 Brazil Next-Generation Power Semiconductors Market by Type
9.5.5.1.2 Brazil Next-Generation Power Semiconductors Market by Application
9.5.5.2 Argentina Next-Generation Power Semiconductors Market
9.5.5.2.1 Argentina Next-Generation Power Semiconductors Market by Type
9.5.5.2.2 Argentina Next-Generation Power Semiconductors Market by Application
9.5.5.3 Rest of South and Central America Next-Generation Power Semiconductors Market
9.5.5.3.1 Rest of South and Central America Next-Generation Power Semiconductors Market by Type
9.5.5.3.2 Rest of South and Central America Next-Generation Power Semiconductors Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. NEXT-GENERATION POWER SEMICONDUCTORS MARKET, KEY COMPANY PROFILES
11.1. CISCO SYSTEMS, INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. FUJI ELECTRIC CO., LTD.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. INFINEON TECHNOLOGIES AG
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MITSUBISHI ELECTRIC CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NXP SEMICONDUCTORS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. RENESAS ELECTRONICS CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SEMIKRON
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. STMICROELECTRONICS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TOSHIBA CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VISHAY INTERTECHNOLOGY, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Cisco Systems, Inc.
2.Fuji Electric Co., Ltd.
3.Infineon Technologies AG
4.Mitsubishi Electric Corporation
5.NXP Semiconductors
6.Renesas Electronics Corporation
7.SEMIKRON
8.STMicroelectronics
9.TOSHIBA CORPORATION
10.Vishay Intertechnology, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.