Power Electronics Market Size, Share, and Forecast by 2030
Power Electronics Market: Strategic Insights
Power Electronics Market
-
CAGR (2022 - 2030)5.3% -
Market Size 2022
US$ 43.37 Billion -
Market Size 2030
US$ 65.36 Billion
Market Dynamics
GROWTH DRIVERS
- Rising demand for power-efficient& high-energy devices
- Growing adoption of renewable energy sources
FUTURE TRENDS
- Rapid development of electric vehicles
OPPORTUNITIES
- Emergence of wide-bandgap semiconductor materials
Key Players
- Infineon Technologies AG
- Semiconductor Components Industries L L C On Semiconductor
- STMicroelectronics NV
- Mitsubishi Electric Corp
- Fuji Electric Co Ltd
- ROHM Co Ltd
- Renesas Electronics Corp
- Littelfuse Inc
- Toshiba Electronic Devices Storage Corp
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type - Power Discrete
- Power Module
- Power IC
Material - Silicon
- Silicon Carbide
- Gallium Nitrid
Industry Vertical - ICT
- Automotive & Transportation
- Consumer Electronics
- Industrial
- Energy & Power
End User - Industrial
- Infrastructure
- Renewables
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