Press Releases

Power Electronics Market to Garner Growth at a CAGR of 5.2% from 2021 to 2030

Share This Article

Power Electronics Market size is expected to reach over US$ 37.3 billion by 2030 from at US$ 22.5 billion in 2020, growing at a CAGR of 5.2% from 2021 to 2030.

Get the sample pages of report@ https://www.precedenceresearch.com/sample/1400

Growth Factors

The global power electronics market is primarily driven by the rising adoption of the power electronics across various end use verticals. The rapidly growing demand for the power efficient devices is boosting the demand for the power electronics across the globe. The rising government initiatives to deploy smart power grids and renewable energy sources is fueling the growth of the global power electronics market. Furthermore, the increased concerns over carbon emission has compelled the government to constitute regulatory frameworks to control vehicle emissions. This has significantly fostered the demand for the electric and hybrid vehicles in an attempt to promote low emission or emission free vehicles across the globe. Therefore, the rising adoption of the electric vehicles is boosting the demand for the power electronics as it is used in several automotive components.

Report Highlights

  • Based on the material, the silicon segment dominated the market in 2020. Silicon is the considered the most favorable substrate for making power electronics. Moreover, the increasing adoption of silicon in the production of the majority of the semiconductor wafers has boosted the growth of the power electronics market during the forecast period.
  • Based on the application, the automotive is estimated to be the most opportunistic segment during the forecast period. This can be attributed to the rising popularity of the electric vehicle among the global consumers. The growing demand for the emission free vehicle to protect environment from pollutions emitted from the vehicles is expected to drive the growth of this segment in the foreseeable future.
  • Based on the device, the discrete segment dominated the market in 2020, accounting for around 64% of the market share. The benefits like low power consumption and generation of lower noise in the industrial applications has boosted its adoption in the past. Moreover it is extensively used in the electric power grids and motors, which resulted in the dominance of this segment.
  • Asia Pacific was the most prominent power electronics market, garnering around 40% of the market share in 2020. Asia Pacific is characterized by the presence of numerous big players in the consumer electronics industry. The demand for the consumer electronics is high in the region owing to the rising disposable income and growing urban population.

Ask here for customization study@ https://www.precedenceresearch.com/customization/1400

OBJECTIVES OF THE STUDY

  • To analyze and forecast the Power Electronics market, in terms of value and volume
  • To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, segment, and project the size of the global Power Electronics market on the product type, end-use and other segments
  • To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
  • To strategically analyze micromarkets with respect to individual growth trends, growth prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To strategically profile key players and comprehensively analyze their core competencies
  • To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the Power Electronics market

Research Methodology

  • Market estimate for 2021
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Major Players Covered in this Report

The updated market research report on Power Electronics market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers
The major players operating in the cold storage market are ABB Group, Fuji Electric Co, Infineon Technologies AG, Microsemi Corporation, Mitsubishi, Renesas Electronics Corporation, Rockwell Automation, STMicroelectronics, Texas Instruments Incorporated, Toshiba Corporation.

Segments Covered in the Report

By Material

  • Sapphire
  • Silicon
  • Gallium Nitride
  • Silicon Carbide
  • Others

By Application

  • Consumer Electronics
  • Industrial
  • ICT
  • Aerospace & Defense
  • Automotive
  • Others

By Device

  • Module
  • Discrete
  • IC

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Power Electronics Market 

5.1. COVID-19 Landscape: Power Electronics Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Power Electronics Market, By Material

8.1. Power Electronics Market, by Material Type, 2021-2030

8.1.1. Sapphire

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Silicon

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Gallium Nitride

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. Silicon Carbide

8.1.4.1. Market Revenue and Forecast (2019-2030)

8.1.5. Others

8.1.5.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Power Electronics Market, By Application

9.1. Power Electronics Market, by Application, 2021-2030

9.1.1. Consumer Electronics

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Industrial

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. ICT

9.1.3.1. Market Revenue and Forecast (2019-2030)

9.1.4. Aerospace & Defense

9.1.4.1. Market Revenue and Forecast (2019-2030)

9.1.5. Automotive

9.1.5.1. Market Revenue and Forecast (2019-2030)

9.1.6. Others

9.1.6.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Power Electronics Market, By Device 

10.1. Power Electronics Market, by Device, 2021-2030

10.1.1. Module

10.1.1.1. Market Revenue and Forecast (2019-2030)

10.1.2. Discrete

10.1.2.1. Market Revenue and Forecast (2019-2030)

10.1.3. IC

10.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 11. Global Power Electronics Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Material (2019-2030)

11.1.2. Market Revenue and Forecast, by Application (2019-2030)

11.1.3. Market Revenue and Forecast, by Device (2019-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Material (2019-2030)

11.1.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.1.4.3. Market Revenue and Forecast, by Device (2019-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Material (2019-2030)

11.1.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.1.5.3. Market Revenue and Forecast, by Device (2019-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Material (2019-2030)

11.2.2. Market Revenue and Forecast, by Application (2019-2030)

11.2.3. Market Revenue and Forecast, by Device (2019-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Material (2019-2030)

11.2.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.2.4.3. Market Revenue and Forecast, by Device (2019-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Material (2019-2030)

11.2.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.2.5.3. Market Revenue and Forecast, by Device (2019-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Material (2019-2030)

11.2.6.2. Market Revenue and Forecast, by Application (2019-2030)

11.2.6.3. Market Revenue and Forecast, by Device (2019-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Material (2019-2030)

11.2.7.2. Market Revenue and Forecast, by Application (2019-2030)

11.2.7.3. Market Revenue and Forecast, by Device (2019-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Material (2019-2030)

11.3.2. Market Revenue and Forecast, by Application (2019-2030)

11.3.3. Market Revenue and Forecast, by Device (2019-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Material (2019-2030)

11.3.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.3.4.3. Market Revenue and Forecast, by Device (2019-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Material (2019-2030)

11.3.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.3.5.3. Market Revenue and Forecast, by Device (2019-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Material (2019-2030)

11.3.6.2. Market Revenue and Forecast, by Application (2019-2030)

11.3.6.3. Market Revenue and Forecast, by Device (2019-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Material (2019-2030)

11.3.7.2. Market Revenue and Forecast, by Application (2019-2030)

11.3.7.3. Market Revenue and Forecast, by Device (2019-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Material (2019-2030)

11.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.4.3. Market Revenue and Forecast, by Device (2019-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Material (2019-2030)

11.4.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.4.4.3. Market Revenue and Forecast, by Device (2019-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Material (2019-2030)

11.4.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.4.5.3. Market Revenue and Forecast, by Device (2019-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Material (2019-2030)

11.4.6.2. Market Revenue and Forecast, by Application (2019-2030)

11.4.6.3. Market Revenue and Forecast, by Device (2019-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Material (2019-2030)

11.4.7.2. Market Revenue and Forecast, by Application (2019-2030)

11.4.7.3. Market Revenue and Forecast, by Device (2019-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Material (2019-2030)

11.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.5.3. Market Revenue and Forecast, by Device (2019-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Material (2019-2030)

11.5.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.5.4.3. Market Revenue and Forecast, by Device (2019-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Material (2019-2030)

11.5.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.5.5.3. Market Revenue and Forecast, by Device (2019-2030)

Chapter 12. Company Profiles

12.1. ABB Group

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Fuji Electric Co

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Infineon Technologies AG

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Microsemi Corporation

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Mitsubishi

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Renesas Electronics Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Rockwell Automation

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. STMicroelectronics

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Texas Instruments Incorporated

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Toshiba Corporation

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Buy this Research Report study@ https://www.precedenceresearch.com/checkout/1400

You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com | +1 9197 992 333

Show More

Steve Robber

My name is Steve Robber, I’m the Owner of Market Stats News. Steve has served in many positions at various organizations for the past seven years. Currently he is an Author at Finance.Yahoo. Contact us for a free news publication, we look forward to speaking with you!

Related Articles

Back to top button