Power Electronics Market Analysis, Scope, and Growth by 2030
Power Electronics Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 43.37 Billion |
Market Size by 2030 | US$ 65.36 Billion |
Global CAGR (2022 - 2030) | 5.3% |
Historical Data | 2020-2021 |
Forecast period | 2022-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Power Electronics Market News and Recent Developments
The power electronics 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 Electronics Market are listed below:
- In August 2023, Vishay Intertechnology introduced a new 650V E Series power MOSFET of the fourth generation that provides high efficiency and power density for telecom, industrial, and computing applications. The Vishay Siliconix n-channel SiHP054N65E reduces on-resistance by 48.2%. It offers a 59% reduction in resistance times gate charge, a key figure of merit (FOM) for 650V MOSFETs used in power conversion applications. (Source: Vishay Intertechnology, Press Release, August 2023)
Power Electronics Market Report Coverage & Deliverables
The power electronics market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Power Electronics Market Size and Forecast (2020–2030)" provides a detailed analysis of the market covering below areas-
- Power electronics market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Power electronics market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Power electronics 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 in the Power Electronics Market
- Detailed company profiles.