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Power Electronics Market Recent Developments, Regional Segmentation, Future Prospects

Power Electronics Market Share:

Las Vegas, United States: The global power electronics market size was valued at $26.6 billion in 2021, and is projected to reach $43.7 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031. Straits Research’s latest report on, Power Electronics Market – Global Industry Overview and Forecast 2022-2030, highlights potential, risk factor analyses, and enhanced with strategic and tactical decision-making assistance. The growth and regulatory factors impacting information consumption, the availability of highly dependable items in the market, and the improvement in operating efficiency of Power Electronics industry players. Power Electronics Market Share report covers market trends and development, drivers, capacities, technologies, and the changing dynamics of the Power Electronics Market.

Competitive Landscape

Some of the prominent players operating in the Power Electronics market are Gresham Power Electronics Limited, Texas Instruments Incorporated, ABB Ltd., Veeco Instruments Inc., Scientech Technologies PvtLtd., STMicroelectronics NV, XP Power Limited, Toshiba Corporation, Fuji Electric Co., Ltd., and Renesas Electronics CorporationThe distributors of the market include Avnet, Inc., All American Semiconductor, Inc., Bortech Sales, Inc., Calgreg Electronics, Inc., Componetics Ltd., RPC Electronics, Inc., Sofasco, Walker Component Group, Inc., Phase One Electronics Ltd., and Sager Electronics.

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Studies explore the effects of COVID-19 on the upstream, midstream, and downstream sectors of the industry. In addition, this analysis provides extensive market estimations by putting an emphasis on data covering numerous factors that encompass market dynamics such as market drivers, market barriers, market opportunities, market risks, and industry news and trends.

This research also provides a dashboard view of prominent Organization, highlighting their effective marketing tactics, market share and most recent advances in both historical and current settings.

Global Power Electronics Market: Segmentation

As a result of the Power Electronics market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.
By Material   Silicon , Sapphire , Gallium Nitride , Silicon Carbide ,

By Device   Power Discrete, Power Modules, Power ICs , By End-User, ICT, Consumer Electronics, Energy & Power, Industrial, Automotive, Aerospace & Defense, Others

The report forecasts revenue growth at all the geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2022 to 2030 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:

  • North America (U.S., Canada)
  • Europe (U.K., Germany, France, Italy)
  • Asia Pacific (China, India, Japan, Singapore, Malaysia)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Report Scope

Report Metric Details
Market Size USD 43.7 in Billion By 2031
CAGR CAGR 2.9%
Largest Market
Growing Market
Forecast Period 2022-2030
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered by Type (Power Module, and Power ICs), Industry Vertical (Consumer, Transportation, and Defense)
Geographies Covered North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors Gresham Power Electronics Limited, Texas Instruments Incorporated, ABB Ltd., Veeco Instruments Inc.
Key Market Opportunities Growing Prevalence of Semiconductor & Electronics Industry Helps to Grow Power Electronics Market Share

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Goals of the Study

  • Global Power Electronics market consumption (value) by main areas and countries, product type (and application), statistics from 2019 to 2020 will be examined till forecast 2030.
  • Identify the different subsegments of the Power Electronics market in order to better comprehend its structure.
  • Analysis of the value of the market, as well as the competitive landscape, Porter’s five forces analysis and SWOT analysis of the top Power Electronics worldwide manufacturers are included in this report.
  • We’ll look at how well each of the Power Electronics is doing and how much they contribute to market size.
  • Sharing in-depth information regarding the market’s development factors (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • According to main geographies, the consumption of Power Electronics submarkets will be forecasted (along with their respective key countries).
  • To keep up with market changes, such as new product launches, expansions, and acquisitions.
  • To identify and assess the most important companies in the market, as well as their development plans.

Table of Content

  1. Introduction
    1. Market Definition
    2. Market Scope
  2. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  3. Market Overview
    1. Report Segmentation & Scope
    2. Value Chain Analysis: Power Electronics Market
    3. Key Market Trends
      1. Drivers
      2. Restraints
      3. Opportunities
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. The threat of New Entrants
      5. Competitive Rivalry
    5. Market Share Analysis
  4. Component Overview
  5. Deployment Model Overview
  6. Regional Overview
    1. Introduction
      1. Market Size & Forecast
    2. America
    3. Europe
    4. Asia Pacific
    5. Middle East & Africa
  7. Company Profile
  8. Conclusion & Recommendation
  9. Acronyms & Abbreviations

The Table of Contents and Figures of the Full Report are available for your perusal Power Electronics Market Report with TOC

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