Power Electronics Market Outlook, Competitive Landscape And Forecasts To 2024

Power Electronics Market

The Global Power Electronics Market is estimated to reach USD 50.3 Billion in 2024 at a CAGR of 5.6%. Expanding automation and digitalization in industries and inclination towards renewable energy sources is expected to drive the power electronics market during the forecast period. However, lack of technical resources is expected to restrain the market during the forecast period. Technological innovations in electric vehicle/ hybrid electric vehicle (EV/HEV) is expected to become an opportunity for power electronics market.

Power electronics is a technology for energy saving and high functionality in energy and power usage. Power electronic components mainly act as a switch and use for reducting conduction loss. Power electronics mainly used in industrial, energy & power, aerospace & defense, and many other applications. Some key players in power electronics market are QUALCOMM, Inc., Infineon Technologies AG, Texas Instruments Incorporated, ON Semiconductor Corp, and Mitsubishi Electric Corporation among others.

Power Electronics Market Segmentation

This market research report offers a comprehensive analysis of key market trends in the global power electronics market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of material, the market is segmented into Silicon, Gallium nitride, Silicon carbide, Gallium arsenide, and others. By type, the power electronics market is segmented into power discrete, power module, and power IC. By end use industry, power electronics market is segmented into consumer electronics, automotive, aerospace and defence, energy and power, industrial, and others.

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Power Electronics Market Report Scope

The report on the power electronics market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Companies Covered

QUALCOMM, Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
Infineon Technologies AG
Texas Instruments Incorporated
ON Semiconductor Corp
Mitsubishi Electric Corporation
Maxim Integrated Products Inc.
STMicroelectronics NV
Toshiba Corporation
Fuji Electric Co Ltd
Renesas Electronics Corporation
Other Key Companies

POWER ELECTRONICS Market report segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

POWER ELECTRONICS Market by Material

Silicon (Si)
Gallium nitride (GaN)
Silicon carbide (SiC)
Gallium arsenide (GaAs)
Others

POWER ELECTRONICS Market by Connectivity Protocol

Power Discrete

Power Diode

Standard Diode
Fast Recovery Diode
Schottky Diode

Power Transistor

Power BJT
Power MOSFET
IGBT

Thyristors

Power Module

SiC Power Module
Power Integrated Module
Intelligent Power Module

Power IC

Power Management IC
Application Specific IC

POWER ELECTRONICS Market by Application

Consumer Electronics
Automotive
Aerospace and Defense
Energy and Power
Industrial
Others

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POWER ELECTRONICS Market by Region

Asia-Pacific

China
India
Japan
South Korea
Taiwan
Rest of Asia-Pacific

North America

US
Canada
Mexico

Europe

Germany
France
Italy
UK
The Netherlands
Rest of Europe

Middle East and Africa

Saudi Arabia
UAE
Rest of Middle East & Africa

South America

Brazil
Argentina
Rest of South America

Key Questions answered by the report

What are the major developments impacting the power electronics market and its growth?
What will be the effects of the developments in the power electronics market on the industry and on the market players in the near and far future?
What are the evolving types of the power electronics market?
What are the evolving applications of power electronics market?
What are the major characteristics that will affect the power electronics market growth during the study period?
Who are the key players operating in the power electronics market?
How are the major players leveraging in the existing market conditions?

Report Audience

Power Electronics Market Providers
Power Electronics Market Solution and Services Suppliers, Distributors and Dealers
End-Users of Varied Segments of Power Electronics Market
Government Bodies and Intellectual Institutions
Associations and Industrial Organizations
Research & Consulting Service Providers
Research & Development Organizations
Investment Banks & Private Equity Firms

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Table of Contents

1 INTRODUCTION

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.4 Regional Coverage

1.5 Research Timeline

1.6 Assumptions

1.7 Limitations

2 RESEARCH DESIGN & SCOPE

2.1 Introduction

2.2 Primary Research

2.2.1 Key Industry Expert Insight

2.3 Secondary Research

2.3.1 Vital Data from Secondary Sources

2.4 Market Size Estimation

2.5 Data Validation & Triangulation

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Introduction

4.2 Drivers

4.2.1 Expanding Automation and Digitalization in Industries

4.2.2 Inclination Towards Renewable Energy Sources

4.2.3 Regulatory Push Towards Reduced Emissions

4.3 Restraints

4.3.1 Lack of Technical Resources

4.4 Opportunities

4.4.1. Technological Innovations in EV/HEV

4.4.2. Development of Alternative Materials

4.5 Challenges

4.5.1. Availability of Raw Materials

5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1 Introduction

5.1.1. Power of Buyers

5.1.2. Power of Suppliers

5.1.3. Intensity of Competition

5.1.4. Challenges of Substitutes

5.1.5. Challenges of New Entrants

5.2 Macro-Economic Indicators

6 GLOBAL POWER ELECTRONICS MARKET BY MATERIAL, Market Size in USD Million (2017—2024)

6.1 Introduction

6.2 Silicon (Si)

6.3 Gallium nitride (GaN)

6.4 Silicon carbide (SiC)

6.5 Gallium arsenide (GaAs)

6.6 Others

7 GLOBAL POWER ELECTRONICS MARKET BY TYPE, Market Size in USD Million (2017—2024)

7.1 Introduction

7.2 Power Discrete

7.2.1 Power Diode

7.2.1.1 Standard Diode

7.2.1.2 Fast Recovery Diode

7.2.1.3 Schottky Diode

7.2.2 Power Transistor

7.2.2.1 Power BJT

7.2.2.2 Power MOSFET

7.2.2.3 IGBT

7.2.3 Thyristors

7.3 Power Module

7.3.1 SiC Power Module

7.3.2 Power Integrated Module

7.3.3 Intelligent Power Module

7.4 Power IC

7.4.1 Power Management IC

7.4.2 Application Specific IC

8 GLOBAL POWER ELECTRONICS MARKET BY END USE INDUSTRY, Market Size in USD Million (2017—2024)

8.1 Introduction

8.2 Consumer Electronics

8.3 Automotive

8.4 Aerospace & Defense

8.5 Energy and Power

8.6 Industrial

8.7 Others

9 GLOBAL POWER ELECTRONICS MARKET BY REGION, Market Size in USD Million (2017—2024)

9.1 North America

9.1.1 US

9.1.2 Canada

9.1.3 Mexico

9.2 Europe

9.2.1 Germany

9.2.2 France

9.2.3 Italy

9.2.4 UK

9.2.5 The Netherlands

9.2.6 Rest of Europe

9.3 Asia-Pacific

9.3.1 China

9.3.2 India

9.3.3 Japan

9.3.4 South Korea

9.3.5 Taiwan

9.3.6 Rest of Asia-Pacific

9.4 Middle East & Africa

9.4.1 Saudi Arabia

9.4.2 UAE

9.4.3 Rest of Middle East

9.5 South America

9.5.1 Brazil

9.5.2 Argentina

9.5.3 Rest of South America

10 COMPETITIVE LANDSCAPE

10.1 Introduction

10.2 Market Ranking/Share Analysis of Key Companies

10.3 Company Benchmarking

11 COMPANY PROFILES

11.1 QUALCOMM, Inc.

11.1.1 Company Overview

11.1.2 Financial Overview

11.1.3 Products/Solutions/Services Offered

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 Infineon Technologies AG

11.3 Texas Instruments Incorporated

11.4 ON Semiconductor Corp

11.5 Mitsubishi Electric Corporation

11.6 Maxim Integrated Products Inc.

11.7 STMicroelectronics NV

11.8 Toshiba Corporation

11.9 Fuji Electric Co Ltd

11.10 Renesas Electronics Corporation

11.11 Other Key Companies

12 APPENDIX

12.1 Key Industry Expert Insights

12.2 Primary Discussion Guide

12.3 Customization Options

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