Power Discrete and Modules Market Scope, Growth, Size and Share by 2028
Power Discrete and Modules Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 26.74 Billion |
Market Size by 2031 | US$ 44.25 Billion |
Global CAGR (2023 - 2031) | 6.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Power Discrete and Modules Market News and Recent Developments
The power discrete and modules market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the power discrete and modules market are listed below:
- onsemi announced the availability of its 1200V SPM31 Intelligent Power Modules (IPMs) featuring the latest generation Field Stop 7 (FS7) Insulated Gate Bipolar Transistor (IGBT) technology. The SPM31 IPMs deliver higher efficiency, smaller footprint and higher power density, resulting in lower total system cost than other leading solutions on the market. Given the greater efficiency realized using optimized IGBTs, these IPMs are ideal for three-phase inverter drive applications such as heat pumps, commercial HVAC systems, servo motors, and industrial pumps and fans.
(Source: onsemi, Press Release, February 2024)
- STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, will supply BorgWarner Inc. (NYSE: BWA), a global leader in delivering innovative and sustainable mobility solutions, with the latest third-generation 750V silicon carbide (SiC) power MOSFETs dice for their proprietary Viper-based power module. This power module is used in BorgWarner’s traction inverter platforms for several current and future Volvo Cars electric vehicles.
(Source: STMicroelectronics, Press Release, August 2023)
Power Discrete and Modules Market Report Coverage and Deliverables
The “Power Discrete and Modules Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Power discrete and modules market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Power discrete and modules market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Power discrete and modules market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the power discrete and modules market
- Detailed company profiles