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市场调查报告书
商品编码
1560971

2024-2032 年按元件、材料、应用、电压、最终用途产业和地区分類的电力电子市场报告

Power Electronics Market Report by Device, Material, Application, Voltage, End Use Industry, and Region 2024-2032
出版日期: | 出版商: IMARC | 英文 142 Pages | 商品交期: 2-3个工作天内

价格

2023年全球电力电子IMARC Group规模达313亿美元。由于对节能设备的需求不断增长、再生能源产业的扩张、汽车电子的快速发展、消费性电子产品的激增以及政府支持性法规的实施，该市场正在经历强劲增长。

电力电子市场分析：

  • 主要市场驱动因素：主要原因包括汽车、消费性电子和工业领域向能源效率的持续转型、再生能源产业的快速成长以及汽车产业的不断进步。
  • 主要市场趋势：电力电子市场分析的最新发展包括碳化硅（SiC）和氮化镓（GaN）技术的持续采用，因为它们提高了效率、性能和热管理。
  • 地理趋势：由于亚太地区强劲的工业成长、製造能力以及对再生能源和汽车电气化的大量投资，该市场处于领先地位。由于工业、汽车和再生能源应用中越来越重视创新和电力电子解决方案的使用，其他地区也在扩张。
  • 竞争格局：电力电子产业的一些主要市场参与者包括ABB Ltd.、Analog Devices Inc.、Fuji Electric Co. Ltd.、Infineon Technologies AG、Microchip Technology Inc.、Mitsubishi Electric Corporation、NXP Semiconductors NV、Renesas Electronics Corporation、 ROHM Co. Ltd.、义法半导体、德州仪器公司、东芝公司和Vishay Intertechnology Inc. 等。
  • 挑战与机会：从电力电子市场前景来看，该产业面临各种挑战，包括控制散热和在小尺寸下实现高功率密度。儘管如此，由于冷却方法和组件设计的不断创新，其目标是提高电力电子系统的可靠性和效率，因此存在成长前景。

电力电子市场趋势：

节能设备的需求不断增加

推动电力电子市场成长的主要因素之一是对能源效率的需求增加。全球能源消耗量预计为每年5.8 亿太焦耳，预计到2040 年将增加至7.4 亿太焦耳。 （ MMmt）或 2021 年的 6%。例如，随着印度采用清洁能源技术，到 2040 年，太阳能光伏 (PV)、风力涡轮机和锂离子电池设备的市场每年将扩大到 400 亿美元以上，电力电子设备的使用将更加频繁。这表明到 2040 年，在这些设备上花费的每 7 美元中就有 1 美元将在印度。此外，未来十年印度清洁能源劳动力将增加100万。

再生能源产业的成长

再生能源产业的扩张是推动电力电子市场需求的另一个重要因素。随着世界越来越多地转向再生能源来满足不断增长的能源需求，对有效转换和管理这些来源产生的电力的电力电子设备的需求不断增长。根据IMARC Group预测，到2032年，再生能源领域预计将达到17,330亿美元，成长率为7.65%。从地区来看，欧盟(EU) 的再生能源份额到2022 年将增至23%。当量(Mtoe)发电量成长 28%，风力发电量成长 6.6%。此外，该地区不可再生能源的使用量减少了 2.9%。电力电子对于再生能源系统的最佳化运作至关重要，从控制太阳能逆变器中的功率流和方向到调整风力涡轮机的输出。

汽车电子的进步

电力电子市场收入受到汽车产业转型为电动和混合动力汽车的显着影响。预计到 2032 年，电动车 (EV) 市场将达到 3.813 亿辆，每年以 34% 的速度成长。预计到2035年，中国电动车销量将从2019年的不到100万辆增加至每年2,000万辆以上。电池的年产量预计将增加至少三十倍，这将增加对电力电子设备的需求，以管理电池、马达和其他电气系统之间的电力传输。这些积极趋势正在推动对电力电子零件的需求成长，包括充电器、逆变器和转换器。

电力电子市场细分：

IMARC Group提供了每个细分市场的主要趋势的分析，以及 2024-2032 年全球、区域和国家层面的预测。我们的报告根据设备、材料、应用、电压和最终用途行业对市场进行了分类。

按设备划分：

  • 功率离散
    • 二极体
    • 电晶体
    • 闸流管
  • 电源模组
    • 智慧功率模组
    • 功率整合模组
  • 电源IC
    • 电源管理积体电路
    • 专用积体电路

电源模组占据大部分市场份额

该报告提供了基于该设备的市场的详细细分和分析。其中包括功率分立元件（二极体、电晶体和闸流管）、功率模组（智慧功率模组和功率整合模组）和功率IC（电源管理积体电路和专用积体电路）。报告称，电源模组占据了最大的份额。

根据电力电子市场趋势，功率模组占据了市场份额，这归因于其在再生能源系统和汽车电子等广泛应用中的应用。它们将各种电力电子元件整合到一个单元中，这对于这些应用中的高效电源转换和管理至关重要。此外，电源模组能够处理高功率密度并提高系统可靠性，同时最大限度地减少物理占地面积，从而推动了市场成长。除此之外，对电动车（EV）的需求增加，加上不断转向再生能源，正在提高电源模组的市场价值。

按材质划分：

  • 硅
  • 蓝宝石
  • 碳化硅
  • 氮化镓
  • 其他的

碳化硅产业占有率第一

报告还提供了基于材料的详细市场细分和分析。这包括硅、蓝宝石、碳化硅、氮化镓等。报告称，碳化硅占据最大的市场份额。

根据电力电子市场研究，碳化硅（SiC）因其优越的性能满足了对更高效、高性能电力电子设备的需求而成为主要细分市场。与传统硅基元件相比，它以其卓越的导热性、高温弹性和更高的能源效率而闻名。此外，碳化硅在汽车、再生能源和消费性电子等各行业高功率应用的利用率不断提高，正在促进市场成长。此外，电动车 (EV) 和再生能源系统中越来越多地采用基于 SiC 的电力电子装置以提高续航里程和性能，这也支持了市场的成长。

按应用划分：

  • 电源管理
  • UPS
  • 再生能源
  • 其他的

再生能源代表领先的细分市场

该报告根据应用程式提供了详细的市场细分和分析。这包括电源管理、UPS、再生能源等。报告称，再生能源占据了最大的份额。

根据基于电力电子市场预测的研究，由于越来越多地转向永续能源解决方案，并且越来越关注太阳能、风能和其他再生能源，再生能源产业占了最大份额。电力电子技术在再生能源领域至关重要，可实现对再生能源发电的高效转换、调节和管理。此外，在技术进步、政府支持政策和环保意识不断增强的推动下，再生能源领域对先进电力电子产品的需求不断增长，正在提升电力电子市场份额。

按电压击穿：

  • 低电压
  • 中压
  • 高压

中压在市场上表现出明显的主导地位

报告还提供了基于电压的详细市场细分和分析。这包括低压、中压和高压。报告称，中压占据最大的市场份额。

根据电力电子市场预测，中压细分市场占最大份额，突显其在工业马达驱动和再生能源系统等各种应用中的使用。在通常需要 600V 至数千伏特电压的应用中，中压电力电子设备对于电力的有效控制和转换至关重要。此外，工业自动化、电动车 (EV) 和再生能源发电等领域对能源效率和高功率密度的需求不断增长，利用中压解决方案来优化性能并确保可靠性。此外，由于其多功能性和在促进向更永续和更有效率的电力系统过渡方面发挥的重要作用，它们与智慧电网和交通电气化的整合正在促进市场成长。

依最终用途行业细分：

  • 汽车
  • 军事和航太
  • 能源与电力
  • 资讯科技和电信
  • 消费性电子产品
  • 其他的

汽车代表了领先的细分市场

该报告根据最终用途行业提供了详细的市场细分和分析。这包括汽车、军事和航空航太、能源和电力、IT 和电信、消费性电子产品等。根据该报告，汽车是最大的细分市场。

根据电力电子市场分析，由于交通运输电气化的快速发展，汽车产业成为最大的细分市场。向电动车（EV）（包括纯电动车、混合动力车和插电式混合动力车（HV））的日益转变正在推动市场成长。电力电子设备是电动车的支柱，因为它们管理电池充电、功率转换和马达控制，从而确保效率、性能和续航里程最佳化。同时，对具有先进功能（例如快速充电和改进的能源管理系统）的增强车辆功能的需求不断增长，正在推动市场成长。

按地区划分：

  • 北美洲
    • 美国
    • 加拿大
  • 亚太
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲

亚太地区引领市场，占据最大的电力电子市场份额

该报告还对所有主要区域市场进行了全面分析，其中包括北美（美国和加拿大）；亚太地区（中国、日本、印度、韩国、澳洲、印尼等）；欧洲（德国、法国、英国、义大利、西班牙、俄罗斯等）；拉丁美洲（巴西、墨西哥等）；以及中东和非洲。报告称，亚太地区是电力电子最大的区域市场。

根据电力电子市场前景，亚太地区占据最大的市场份额，这归因于该地区工业的显着成长、技术进步以及汽车、消费性电子和再生能源等关键最终用途产业的迅速扩张。此外，该地区还包括中国、印度和韩国等快速发展的製造业和技术创新经济体。此外，交通运输电气化的持续转变、消费性电子产业的蓬勃发展以及对再生能源基础设施的大量投资都有利于市场成长。例如，印度2022年再生能源新增量年增幅最高，达9.83%。 NISE) 的数据，该国的太阳能潜力预计也将达到748 GWp。

（请注意，这只是关键参与者的部分列表，报告中提供了完整列表。）

  • 根据对电力电子趋势的研究发现，市场上的主要参与者都在致力于研发（R&D），以推出创新且更有效率的解决方案，特别是关注碳化硅（SiC）等材料。 （GaN），以提高功率密度、效率和热性能的边界。他们正在扩大产品组合，建立策略合作伙伴关係和收购，以增强技术能力和市场覆盖范围。例如，2023年8月，英飞凌科技股份公司与Infypower合作，提供业界领先的1200V CoolSiC MOSFET功率半导体元件，用于提高电动车充电站的效率。此外，公司正在投资扩大其製造能力，以满足再生能源产业和消费性电子市场不断增长的需求。除此之外，他们还在营运和产品设计中采用环保实践。

电力电子市场新闻：

  • 2021 年 6 月，义法半导体宣布推出 STi2GaN，这是其 ST 智慧型整合氮化镓 (GaN) 解决方案系列中的一款智慧电力电子产品。此元件采用无键合线封装技术，具有可靠性、耐用性和性能。它还利用整合氮化镓（GaN）高功率密度为汽车行业提供各种高效能元件。
  • 2023 年 11 月，三菱电机公司宣布与 Nexperia BV 建立策略合作伙伴关係，共同开发用于电力电子产业的碳化硅 (SiC) 功率半导体。三菱电机将利用其宽带隙半导体技术开发和供应 SiC MOSFET 晶片，Nexperia 将利用该晶片来製造 SiC 分立元件。
  • 2023 年 5 月，Vishay Intertechnology, Inc. 发布了 17 款全新第三代 650V 碳化硅肖特基二极体 (SiC)。它们采用合併引脚萧特基 (MPS) 设计，将高突波电流能力与低正向压降、电容充电和反向漏电流结合在一起。

本报告回答的关键问题：

  • 迄今为止，全球电力电子市场表现如何，未来几年将如何表现？
  • 全球电力电子市场的驱动因素、限制因素和机会是什么？
  • 每个驱动因素、限制因素和机会对全球电力电子市场有何影响？
  • 主要区域市场有哪些？
  • 哪些国家代表了最具吸引力的电力电子市场？
  • 基于设备的市场区隔是什么？
  • 电力电子市场中最具吸引力的装置是什么？
  • 基于材料的市场区隔是什么？
  • 电力电子市场中哪种材料最具吸引力？
  • 基于应用程式的市场区隔是什么？
  • 电力电子市场中哪一个应用最具吸引力？
  • 市场根据电压的划分是怎么样的？
  • 电力电子市场中哪一种电压最具吸引力？
  • 基于最终用途产业的市场区隔是什么？
  • 电力电子市场中最具吸引力的终端应用产业是哪一个？
  • 市场竞争结构如何？
  • 全球电力电子市场的主要参与者/公司有哪些？

本报告回答的关键问题：

  • 迄今为止，全球电力电子市场表现如何，未来几年将如何表现？
  • 全球电力电子市场的驱动因素、限制因素和机会是什么？
  • 每个驱动因素、限制因素和机会对全球电力电子市场有何影响？
  • 主要区域市场有哪些？
  • 哪些国家代表了最具吸引力的电力电子市场？
  • 基于设备的市场区隔是什么？
  • 电力电子市场中最具吸引力的装置是什么？
  • 基于材料的市场区隔是什么？
  • 电力电子市场中哪种材料最具吸引力？
  • 基于应用程式的市场区隔是什么？
  • 电力电子市场中哪一个应用最具吸引力？
  • 市场根据电压的划分是怎么样的？
  • 电力电子市场中哪一种电压最具吸引力？
  • 基于最终用途产业的市场区隔是什么？
  • 电力电子市场中最具吸引力的终端应用产业是哪一个？
  • 市场竞争结构如何？
  • 全球电力电子市场的主要参与者/公司有哪些？

目录

第一章：前言

第 2 章：范围与方法

  • 研究目的
  • 利害关係人
  • 数据来源
    • 主要来源
    • 二手资料
  • 市场预测
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第 3 章：执行摘要

第 4 章：简介

  • 概述
  • 主要行业趋势

第 5 章：全球电力电子市场

  • 市场概况
  • 市场表现
  • COVID-19 的影响
  • 市场预测

第 6 章：市场区隔：按设备

  • 功率离散
    • 市场趋势
    • 关键环节
      • 二极体
      • 电晶体
      • 闸流管
    • 市场预测
  • 电源模组
    • 市场趋势
    • 关键环节
      • 智慧功率模组
      • 功率整合模组
    • 市场预测
  • 电源IC
    • 市场趋势
    • 关键环节
      • 电源管理积体电路 (PMIC)
      • 专用积体电路 (ASIC)
    • 市场预测

第 7 章：市场区隔：依材料

  • 硅
    • 市场趋势
    • 市场预测
  • 蓝宝石
    • 市场趋势
    • 市场预测
  • 碳化硅
    • 市场趋势
    • 市场预测
  • 氮化镓
    • 市场趋势
    • 市场预测
  • 其他的
    • 市场趋势
    • 市场预测

第 8 章：市场区隔：按应用

  • 电源管理
    • 市场趋势
    • 市场预测
  • UPS
    • 市场趋势
    • 市场预测
  • 再生能源
    • 市场趋势
    • 市场预测
  • 其他的
    • 市场趋势
    • 市场预测

第 9 章：市场细分：按电压

  • 低电压
    • 市场趋势
    • 市场预测
  • 中压
    • 市场趋势
    • 市场预测
  • 高压
    • 市场趋势
    • 市场预测

第 10 章：市场区隔：依最终用途产业

  • 汽车
    • 市场趋势
    • 市场预测
  • 军事和航太
    • 市场趋势
    • 市场预测
  • 能源与电力
    • 市场趋势
    • 市场预测
  • 资讯科技和电信
    • 市场趋势
    • 市场预测
  • 消费性电子产品
    • 市场趋势
    • 市场预测
  • 其他的
    • 市场趋势
    • 市场预测

第 11 章：市场区隔：按地区

  • 北美洲
    • 美国
    • 加拿大
  • 亚太
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲
    • 市场趋势
    • 市场细分：按国家/地区
    • 市场预测

第 12 章：SWOT 分析

  • 概述
  • 优势
  • 弱点
  • 机会
  • 威胁

第 13 章：价值链分析

第 14 章：波特五力分析

  • 概述
  • 买家的议价能力
  • 供应商的议价能力
  • 竞争程度
  • 新进入者的威胁
  • 替代品的威胁

第 15 章：价格分析

第16章：竞争格局

  • 市场结构
  • 关键参与者
  • 关键参与者简介
    • ABB Ltd.
    • Analog Devices Inc.
    • Fuji Electric Co. Ltd.
    • Infineon Technologies AG
    • Microchip Technology Inc.
    • Mitsubishi Electric Corporation
    • NXP Semiconductors NV
    • Renesas Electronics Corporation
    • ROHM Co. Ltd.
    • STMicroelectronics
    • Texas Instruments Incorporated
    • Toshiba Corporation
    • Vishay Intertechnology Inc.
Product Code: SR112024A4594

The global power electronics market size reached US$ 31.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 50.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032. The market is experiencing robust growth, driven by the increasing demand for energy-efficient devices, the expansion of the renewable energy sector, rapid advancements in automotive electronics, the proliferation of consumer electronics, and the imposition of supportive government regulations.

Power Electronics Market Analysis:

  • Major Market Drivers: The primary reasons encompass the continuous transition towards energy efficiency in the automotive, consumer electronics, and industrial domains, swift growth in the renewable energy industry, and increasing progressions in the automotive sector.
  • Key Market Trends: Recent developments in the power electronics market analysis include the continued adoption of silicon carbide (SiC) and gallium nitride (GaN) technologies as a result of their improved efficiency, performance, and thermal management.
  • Geographical Trends: The market is led by the Asia Pacific region due to its strong industrial growth, manufacturing capabilities, and substantial investments in renewable energy and electrification of automobiles. Other regions are also expanding because of the increased emphasis on innovation and the use of power electronics solutions in industrial, automotive, and renewable energy applications.
  • Competitive Landscape: Some of the major market players in the power electronics industry include ABB Ltd., Analog Devices Inc., Fuji Electric Co. Ltd., Infineon Technologies AG, Microchip Technology Inc., Mitsubishi Electric Corporation, NXP Semiconductors N.V., Renesas Electronics Corporation, ROHM Co. Ltd., STMicroelectronics, Texas Instruments Incorporated, Toshiba Corporation and Vishay Intertechnology Inc., among many others.
  • Challenges and Opportunities: As per the power electronics market outlook, the industry is confronted with various challenges, including controlling heat dissipation and attaining high power density in small dimensions. Nevertheless, there are prospects for growth due to continuous innovation in cooling methods and component designs, which aim to improve the dependability and efficiency of power electronic systems.

Power Electronics Market Trends:

Increasing Demand for Energy-Efficient Devices

One of the main factors propelling the growth of the power electronics market is the increased demand for energy efficiency. Global energy consumption is estimated to be 580 million terajoules annually and is projected to rise to 740 million terajoules by 2040. Also, compared to 2020 levels, the United States' energy-related carbon dioxide (CO2) emissions grew by 296 million metric tons (MMmt) or 6% in 2021. The adoption of power electronics by governments and organizations globally to lower energy usage and carbon footprints is the answer, according to researchers analyzing the question is power electronics are in demand. Power electronics will be used more frequently, for example, as India's adoption of clean energy technology expands the market to over $40 billion annually by 2040 for solar photovoltaic (PV), wind turbine, and lithium-ion battery equipment. This indicates that 1 in every 7 dollars spent on these equipment's in 2040 will be in India. Also, India's clean energy workforce will grow by 1 million over the next ten years.

Growth in Renewable Energy Sector

The renewable energy sector's expansion is another significant factor fueling the power electronics market demand. As the world increasingly shifts to renewable sources to meet its escalating energy needs, the demand for power electronics that efficiently convert and manage the electricity generated from these sources grows. According to IMARC Group, the renewable energy sector is anticipated to reach US$ 1,733.0 Billion by 2032, with a growth rate of 7.65%. Regionally, the share of renewable energy in the European Union (EU) increased to 23% in 2022. The gross final consumption of renewables grew by 5 million tonnes of oil equivalent (Mtoe) between 2021 and 2022, driven by an increase in solar power generation by 28% and wind power by 6.6%. Also, the region witnessed a reduction in the use of non-renewables by 2.9%. Power electronics are essential for the optimal operation of renewable energy systems, from controlling the flow and direction of power in solar inverters to adjusting the output of wind turbines.

Advancements in Automotive Electronics

The power electronics market revenue is significantly influenced by the automobile industry's shift towards electric and hybrid vehicles. It is projected that the market for electric vehicles (EVs) will reach 381.3 million units by 2032, growing at a rate of 34% per year. By 2035, it is predicted that EV sales in China will increase from less than a million in 2019 to over 20 million annually. The yearly production of batteries is expected to expand by a minimum of thirty times, which will raise the demand for power electronics to manage the power transfer between the battery, motor, and other electrical systems. These positive trends are driving up demand for power electronics parts, including chargers, inverters, and converters.

Power Electronics Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on device, material, application, voltage, and end use industry.

Breakup by Device:

  • Power Discrete
    • Diode
    • Transistors
    • Thyristor
  • Power Modules
    • Intelligent Power Module
    • Power Integrated Module
  • Power ICs
    • Power Management Integrated Circuit
    • Application-Specific Integrated Circuit

Power modules accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the device. This includes power discrete (diode, transistors, and thyristor), power modules (intelligent power module and power integrated module), and power ICs (power management integrated circuit and application-specific integrated circuit). According to the report, power modules represented the largest segment.

According to the power electronics market trends, power modules dominated the market share, attributed to their use in a wide array of applications, such as renewable energy systems and automotive electronics. They integrate various power electronic components into a single unit, which is essential for efficient power conversion and management in these applications. Moreover, power modules' ability to handle high power densities and improve system reliability while minimizing physical footprint is boosting the market growth. Besides this, the heightened demand for electric vehicles (EVs), coupled with the ongoing shift towards renewable energy sources, is enhancing the power modules' market value.

Breakup by Material:

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

Silicon carbide holds the largest share of the industry

A detailed breakup and analysis of the market based on the material have also been provided in the report. This includes silicon, sapphire, silicon carbide, gallium nitride, and others. According to the report, silicon carbide accounted for the largest market share.

Based on the power electronics market research, silicon carbide (SiC) emerged as the predominant segment, due to its superior properties that cater to the demand for more efficient and high-performance power electronic devices. It is known for its exceptional thermal conductivity, high-temperature resilience, and greater energy efficiency compared to traditional silicon-based components. Moreover, the increasing utilization of silicon carbide in high-power applications across various industries, including automotive, renewable energy, and consumer electronics, is catalyzing the market growth. Furthermore, the heightened adoption of SiC-based power electronics in electric vehicles (EVs) and renewable energy systems to improve range and performance is supporting the market growth.

Breakup by Application:

  • Power Management
  • UPS
  • Renewable
  • Others

Renewable represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the application. This includes power management, UPS, renewable, and others. According to the report, renewable represented the largest segment.

According to the research based on what is the power electronics market forecast, the renewable energy sector constituted for the largest share, owing to the rising shift towards sustainable energy solutions, with an increasing focus on solar, wind, and other renewable energy sources. Power electronics are pivotal in the renewable sector to enable the efficient conversion, conditioning, and management of electricity generated from renewable sources. Moreover, the increasing demand for advanced power electronics in the renewable sector, fueled by technological advancements, supportive government policies, and growing environmental awareness, is bolstering the power electronics market share.

Breakup by Voltage:

  • Low Voltage
  • Medium Voltage
  • High Voltage

Medium voltage exhibits a clear dominance in the market

A detailed breakup and analysis of the market based on the voltage have also been provided in the report. This includes low voltage, medium voltage, and high voltage. According to the report, medium voltage accounted for the largest market share.

Based on the power electronics market forecast, the medium voltage segment represented the largest share, highlighting its use in various applications, such as industrial motor drives and renewable energy systems. Medium voltage power electronics are essential for the efficient control and conversion of electrical power in applications that require voltages typically ranging from 600V to several kilovolts. Moreover, the rising demand for energy efficiency and high power density in sectors such as industrial automation, electric vehicles (EVs), and renewable energy generation utilize medium voltage solutions for optimizing performance and ensuring reliability. Additionally, their integration in smart grids and the electrification of transportation, owing to their versatility and essential role in facilitating the transition towards more sustainable and efficient electrical power systems, is catalyzing the market growth.

Breakup by End Use Industry:

  • Automotive
  • Military and Aerospace
  • Energy and Power
  • IT and Telecommunication
  • Consumer Electronics
  • Others

Automotive represent the leading market segment

The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes automotive, military and aerospace, energy and power, IT and telecommunication, consumer electronics, and others. According to the report, automotive represented the largest segment.

According to the power electronics market analysis, the automotive sector emerged as the largest segment due to the rapid evolution towards electrification in transportation. The rising shift towards electric vehicles (EVs), including pure electric, hybrid, and plug-in hybrid vehicles (HVs), is fueling the market growth. Power electronics are the backbone of EVs as they manage battery charging, power conversion, and motor control, thus ensuring efficiency, performance, and range optimization. Along with this, the rising demand for enhanced vehicle capabilities with advanced features, like fast charging and improved energy management systems, is boosting the market growth.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Asia Pacific leads the market, accounting for the largest power electronics market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for power electronics.

Based on the power electronics market outlook, Asia Pacific represented the largest market share, attributed to the region's significant industrial growth, technological advancements, and the swift expansion of key end-use sectors, such as automotive, consumer electronics, and renewable energy. Moreover, the region comprises rapidly developing economies, like China, India, and South Korea, for manufacturing and technology innovation. Moreover, the ongoing shift towards electrification of transport, a booming consumer electronics sector, and substantial investments in renewable energy infrastructure are favoring the market growth. For example, India witnessed the highest year-on-year (YoY) growth in renewable energy additions of 9.83% in 2022. The installed solar energy capacity increased by 30 times in the last 9 years and accounts for 75.57 GW as of Feb 2024. Moreover, the country's solar energy potential is also estimated to hit 748 GWp, according to the National Institute of Solar Energy (NISE).

Competitive Landscape:

  • The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the power electronics industry include ABB Ltd., Analog Devices Inc., Fuji Electric Co. Ltd., Infineon Technologies AG, Microchip Technology Inc., Mitsubishi Electric Corporation, NXP Semiconductors N.V., Renesas Electronics Corporation, ROHM Co. Ltd., STMicroelectronics, Texas Instruments Incorporated, Toshiba Corporation, Vishay Intertechnology Inc, etc.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

  • According to studies that researched about what is the trend in power electronics, it has been found that major players in the market are engaged in research and development (R&D) to introduce innovative and more efficient solutions, particularly focusing on materials like silicon carbide (SiC) and gallium nitride (GaN) to enhance the boundaries of power density, efficiency, and thermal performance. They are expanding their product portfolios and entering into strategic partnerships and acquisitions to enhance their technological capabilities and market reach. For instance, In August 2023, Infineon Technologies AG collaborated with Infypower to provide the industry-leading 1200 V CoolSiC MOSFET power semiconductor devices for improving the efficiency of electric vehicle charging stations. Moreover, companies are investing in expanding their manufacturing capabilities to meet the growing demand from the renewable energy sector and consumer electronics market. Besides this, they are adopting environmentally friendly practices in their operations and product designs.

Power Electronics Market News:

  • In June 2021, STMicroelectronics announced the launch of STi2GaN, a smart power electronic in its ST Intelligent and Integrated Gallium Nitride (GaN) solutions family. The device employs bond-wire-free packaging technology for reliability, durability, and performance. It also utilizes integrated gallium nitride (GaN) high power density to provide a variety of efficient devices to the automobile industry.
  • In November 2023, Mitsubishi Electric Corporation announced a strategic partnership with Nexperia B.V. to develop silicon carbide (SiC) power semiconductors for the power electronics industry. Mitsubishi Electric will leverage its wide-bandgap semiconductor technologies to develop and supply SiC MOSFET chips that Nexperia will utilize to create SiC discrete devices.
  • In May 2023, Vishay Intertechnology, Inc. released 17 new third-generation 650V silicon carbide Schottky diodes (SiC). They feature a merged pin Schottky (MPS) design which combines high surge current capability with low forward voltage drop, capacitive charging, and reverse leakage current.

Key Questions Answered in This Report:

  • How has the global power electronics market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global power electronics market?
  • What is the impact of each driver, restraint, and opportunity on the global power electronics market?
  • What are the key regional markets?
  • Which countries represent the most attractive power electronics market?
  • What is the breakup of the market based on the device?
  • Which is the most attractive device in the power electronics market?
  • What is the breakup of the market based on the material?
  • Which is the most attractive material in the power electronics market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the power electronics market?
  • What is the breakup of the market based on voltage?
  • Which is the most attractive voltage in the power electronics market?
  • What is the breakup of the market based on the end use industry?
  • Which is the most attractive end use industry in the power electronics market?
  • What is the competitive structure of the market?
  • Who are the key players/companies in the global power electronics market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Power Electronics Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Device

  • 6.1 Power Discrete
    • 6.1.1 Market Trends
    • 6.1.2 Key Segments
      • 6.1.2.1 Diode
      • 6.1.2.2 Transistors
      • 6.1.2.3 Thyristor
    • 6.1.3 Market Forecast
  • 6.2 Power Modules
    • 6.2.1 Market Trends
    • 6.2.2 Key Segments
      • 6.2.2.1 Intelligent Power Module
      • 6.2.2.2 Power Integrated Module
    • 6.2.3 Market Forecast
  • 6.3 Power ICs
    • 6.3.1 Market Trends
    • 6.3.2 Key Segments
      • 6.3.2.1 Power Management Integrated Circuit (PMIC)
      • 6.3.2.2 Application-Specific Integrated Circuit (ASIC)
    • 6.3.3 Market Forecast

7 Market Breakup by Material

  • 7.1 Silicon
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Sapphire
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Silicon Carbide
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Gallium Nitride
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Others
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Power Management
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 UPS
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Renewable
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Others
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast

9 Market Breakup by Voltage

  • 9.1 Low Voltage
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Medium Voltage
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 High Voltage
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast

10 Market Breakup by End Use Industry

  • 10.1 Automotive
    • 10.1.1 Market Trends
    • 10.1.2 Market Forecast
  • 10.2 Military and Aerospace
    • 10.2.1 Market Trends
    • 10.2.2 Market Forecast
  • 10.3 Energy and Power
    • 10.3.1 Market Trends
    • 10.3.2 Market Forecast
  • 10.4 IT and Telecommunication
    • 10.4.1 Market Trends
    • 10.4.2 Market Forecast
  • 10.5 Consumer Electronics
    • 10.5.1 Market Trends
    • 10.5.2 Market Forecast
  • 10.6 Others
    • 10.6.1 Market Trends
    • 10.6.2 Market Forecast

11 Market Breakup by Region

  • 11.1 North America
    • 11.1.1 United States
      • 11.1.1.1 Market Trends
      • 11.1.1.2 Market Forecast
    • 11.1.2 Canada
      • 11.1.2.1 Market Trends
      • 11.1.2.2 Market Forecast
  • 11.2 Asia-Pacific
    • 11.2.1 China
      • 11.2.1.1 Market Trends
      • 11.2.1.2 Market Forecast
    • 11.2.2 Japan
      • 11.2.2.1 Market Trends
      • 11.2.2.2 Market Forecast
    • 11.2.3 India
      • 11.2.3.1 Market Trends
      • 11.2.3.2 Market Forecast
    • 11.2.4 South Korea
      • 11.2.4.1 Market Trends
      • 11.2.4.2 Market Forecast
    • 11.2.5 Australia
      • 11.2.5.1 Market Trends
      • 11.2.5.2 Market Forecast
    • 11.2.6 Indonesia
      • 11.2.6.1 Market Trends
      • 11.2.6.2 Market Forecast
    • 11.2.7 Others
      • 11.2.7.1 Market Trends
      • 11.2.7.2 Market Forecast
  • 11.3 Europe
    • 11.3.1 Germany
      • 11.3.1.1 Market Trends
      • 11.3.1.2 Market Forecast
    • 11.3.2 France
      • 11.3.2.1 Market Trends
      • 11.3.2.2 Market Forecast
    • 11.3.3 United Kingdom
      • 11.3.3.1 Market Trends
      • 11.3.3.2 Market Forecast
    • 11.3.4 Italy
      • 11.3.4.1 Market Trends
      • 11.3.4.2 Market Forecast
    • 11.3.5 Spain
      • 11.3.5.1 Market Trends
      • 11.3.5.2 Market Forecast
    • 11.3.6 Russia
      • 11.3.6.1 Market Trends
      • 11.3.6.2 Market Forecast
    • 11.3.7 Others
      • 11.3.7.1 Market Trends
      • 11.3.7.2 Market Forecast
  • 11.4 Latin America
    • 11.4.1 Brazil
      • 11.4.1.1 Market Trends
      • 11.4.1.2 Market Forecast
    • 11.4.2 Mexico
      • 11.4.2.1 Market Trends
      • 11.4.2.2 Market Forecast
    • 11.4.3 Others
      • 11.4.3.1 Market Trends
      • 11.4.3.2 Market Forecast
  • 11.5 Middle East and Africa
    • 11.5.1 Market Trends
    • 11.5.2 Market Breakup by Country
    • 11.5.3 Market Forecast

12 SWOT Analysis

  • 12.1 Overview
  • 12.2 Strengths
  • 12.3 Weaknesses
  • 12.4 Opportunities
  • 12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis

  • 14.1 Overview
  • 14.2 Bargaining Power of Buyers
  • 14.3 Bargaining Power of Suppliers
  • 14.4 Degree of Competition
  • 14.5 Threat of New Entrants
  • 14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

  • 16.1 Market Structure
  • 16.2 Key Players
  • 16.3 Profiles of Key Players
    • 16.3.1 ABB Ltd.
      • 16.3.1.1 Company Overview
      • 16.3.1.2 Product Portfolio
      • 16.3.1.3 Financials
      • 16.3.1.4 SWOT Analysis
    • 16.3.2 Analog Devices Inc.
      • 16.3.2.1 Company Overview
      • 16.3.2.2 Product Portfolio
      • 16.3.2.3 Financials
      • 16.3.2.4 SWOT Analysis
    • 16.3.3 Fuji Electric Co. Ltd.
      • 16.3.3.1 Company Overview
      • 16.3.3.2 Product Portfolio
      • 16.3.3.3 Financials
      • 16.3.3.4 SWOT Analysis
    • 16.3.4 Infineon Technologies AG
      • 16.3.4.1 Company Overview
      • 16.3.4.2 Product Portfolio
      • 16.3.4.3 Financials
      • 16.3.4.4 SWOT Analysis
    • 16.3.5 Microchip Technology Inc.
      • 16.3.5.1 Company Overview
      • 16.3.5.2 Product Portfolio
      • 16.3.5.3 Financials
      • 16.3.5.4 SWOT Analysis
    • 16.3.6 Mitsubishi Electric Corporation
      • 16.3.6.1 Company Overview
      • 16.3.6.2 Product Portfolio
      • 16.3.6.3 Financials
      • 16.3.6.4 SWOT Analysis
    • 16.3.7 NXP Semiconductors N.V.
      • 16.3.7.1 Company Overview
      • 16.3.7.2 Product Portfolio
      • 16.3.7.3 Financials
      • 16.3.7.4 SWOT Analysis
    • 16.3.8 Renesas Electronics Corporation
      • 16.3.8.1 Company Overview
      • 16.3.8.2 Product Portfolio
      • 16.3.8.3 Financials
      • 16.3.8.4 SWOT Analysis
    • 16.3.9 ROHM Co. Ltd.
      • 16.3.9.1 Company Overview
      • 16.3.9.2 Product Portfolio
      • 16.3.9.3 Financials
      • 16.3.9.4 SWOT Analysis
    • 16.3.10 STMicroelectronics
      • 16.3.10.1 Company Overview
      • 16.3.10.2 Product Portfolio
      • 16.3.10.3 Financials
      • 16.3.10.4 SWOT Analysis
    • 16.3.11 Texas Instruments Incorporated
      • 16.3.11.1 Company Overview
      • 16.3.11.2 Product Portfolio
      • 16.3.11.3 Financials
      • 16.3.11.4 SWOT Analysis
    • 16.3.12 Toshiba Corporation
      • 16.3.12.1 Company Overview
      • 16.3.12.2 Product Portfolio
      • 16.3.12.3 Financials
      • 16.3.12.4 SWOT Analysis
    • 16.3.13 Vishay Intertechnology Inc.
      • 16.3.13.1 Company Overview
      • 16.3.13.2 Product Portfolio
      • 16.3.13.3 Financials
      • 16.3.13.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Power Electronics Market: Major Drivers and Challenges
  • Figure 2: Global: Power Electronics Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Power Electronics Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Power Electronics Market: Breakup by Device (in %), 2023
  • Figure 5: Global: Power Electronics Market: Breakup by Material (in %), 2023
  • Figure 6: Global: Power Electronics Market: Breakup by Application (in %), 2023
  • Figure 7: Global: Power Electronics Market: Breakup by Voltage (in %), 2023
  • Figure 8: Global: Power Electronics Market: Breakup by End Use Industry (in %), 2023
  • Figure 9: Global: Power Electronics Market: Breakup by Region (in %), 2023
  • Figure 10: Global: Power Electronics (Power Discrete) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Power Electronics (Power Discrete) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Power Electronics (Power Modules) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Power Electronics (Power Modules) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Power Electronics (Power ICs) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Power Electronics (Power ICs) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Power Electronics (Silicon) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Power Electronics (Silicon) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Power Electronics (Sapphire) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Power Electronics (Sapphire) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Power Electronics (Silicon Carbide) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Power Electronics (Silicon Carbide) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Power Electronics (Gallium Nitride) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Power Electronics (Gallium Nitride) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Power Electronics (Other Materials) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Power Electronics (Other Materials) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Power Electronics (Power Management) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Power Electronics (Power Management) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Power Electronics (UPS) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Global: Power Electronics (UPS) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: Global: Power Electronics (Renewable) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: Global: Power Electronics (Renewable) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Global: Power Electronics (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Global: Power Electronics (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Global: Power Electronics (Low Voltage) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Global: Power Electronics (Low Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: Global: Power Electronics (Medium Voltage) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: Global: Power Electronics (Medium Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Global: Power Electronics (High Voltage) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Global: Power Electronics (High Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: Global: Power Electronics (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: Global: Power Electronics (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: Global: Power Electronics (Military and Aerospace) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: Global: Power Electronics (Military and Aerospace) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Global: Power Electronics (Energy and Power) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Global: Power Electronics (Energy and Power) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Global: Power Electronics (IT and Telecommunication) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Global: Power Electronics (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: Global: Power Electronics (Consumer Electronics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: Global: Power Electronics (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Global: Power Electronics (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Global: Power Electronics (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: North America: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: North America: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: United States: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: United States: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: Canada: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: Canada: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Asia-Pacific: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Asia-Pacific: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: China: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: China: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Japan: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Japan: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: India: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: India: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: South Korea: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: South Korea: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Australia: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Australia: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Indonesia: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Indonesia: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Others: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Others: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Europe: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Europe: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: Germany: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 77: Germany: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 78: France: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 79: France: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 80: United Kingdom: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 81: United Kingdom: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 82: Italy: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 83: Italy: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 84: Spain: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 85: Spain: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 86: Russia: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 87: Russia: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 88: Others: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 89: Others: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 90: Latin America: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 91: Latin America: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 92: Brazil: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 93: Brazil: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 94: Mexico: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 95: Mexico: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 96: Others: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 97: Others: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 98: Middle East and Africa: Power Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 99: Middle East and Africa: Power Electronics Market: Breakup by Country (in %), 2023
  • Figure 100: Middle East and Africa: Power Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 101: Global: Power Electronics Industry: SWOT Analysis
  • Figure 102: Global: Power Electronics Industry: Value Chain Analysis
  • Figure 103: Global: Power Electronics Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Power Electronics Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Power Electronics Market Forecast: Breakup by Device (in Million US$), 2024-2032
  • Table 3: Global: Power Electronics Market Forecast: Breakup by Material (in Million US$), 2024-2032
  • Table 4: Global: Power Electronics Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 5: Global: Power Electronics Market Forecast: Breakup by Voltage (in Million US$), 2024-2032
  • Table 6: Global: Power Electronics Market Forecast: Breakup by End Use Industries (in Million US$), 2024-2032
  • Table 7: Global: Power Electronics Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 8: Global: Power Electronics Market: Competitive Structure
  • Table 9: Global: Power Electronics Market: Key Players