The global power semiconductors market size was USD 41.60 Billion in 2022 and is expected to register a revenue CAGR of 3.8% during the forecast period. Growing adoption of power semiconductors in automobiles and consumer electronics, rising demand for wireless communications, and growing focus on renewable energy and sustainability are some of the factors expected to drive the market revenue growth.
The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Power Semiconductors market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Power Semiconductors market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
ON Semiconductor Corporation, Renesas Electronics Corporation, NXP Semiconductors, Fuji Electric Co. Ltd, Infineon Technologies, Texas Instruments Incorporated, STMicroelectronics, Mitsubishi Electric Corporation, Hitachi Ltd, Vishay Intertechnology Inc., Nexperia Littlefuse Inc., Semekron Donfoss, ROHM Co. Ltd and Qualcomm Technologies Inc
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Emergen Research has segmented the global Power Semiconductors market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
-
Product Outlook (Revenue, USD Billion; 2019-2032)
- Silicon Carbide Semiconductors
- Gallium Nitride Semiconductors
- Others
-
Components Outlook (Revenue, USD Billion; 2019-2032)
- Discrete
- Modules
- Power Integrated Circuits
-
Application Outlook (Revenue, USD Billion; 2019-2032)
- Electric Vehicles
- Solar Panels
- Uninterruptible Power Supplies
- Medical devices
- Home Appliances
- Transmission systems
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Power Semiconductors Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Power Semiconductors Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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