Power Electronics Market PPT: Demand, Trends and Business Opportunities 2023-28

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Global Power Electronics Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Power Electronics Market Research
Report The latest report by IMARC, titled
Power Electronics Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028 " the global power
electronics market reached a value of US 29.5
Billion in 2022. Power electronics represent a
branch of electrical engineering that involves
the study, analysis, and designing of solid-state
circuits. It relies on inductors, capacitors, and
various other semiconductor switching devices,
including metal-oxide-semiconductor field-effect
transistors (MOSFET) and insulated-gate bipolar
transistors (IGBT) for converting electricity and
effectively regulating its flow. Power
electronics assist in managing energy and
promoting the conservation of power in consumer
electronics, while offering reliability and
ensuring minimal maintenance. Based on these
properties, it is extensively employed in
television (TV) sets, battery chargers, and
personal computers (PCs). Request Free Sample
Report https//www.imarcgroup.com/power-electroni
cs-market/requestsample
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Report Description and Highlights
Report Description

Global Power Electronics Market Trends The
power electronics market is primarily being
driven by the widespread product adoption across
the automotive sector for manufacturing various
components of modern vehicles, including
windshield wiper control, adaptive front
lighting, electric power steering, and ignition
switch. This is further supported by the
increasing demand for smart and luxurious
automobiles that are integrated with advanced
infotainment systems. In line with this, rising
environmental concerns, along with the inflating
prices of conventional energy solutions have
prompted governments of various countries to
undertake initiatives promoting the uptake of
electric vehicles (EVs) and plug-in hybrid
vehicles (HVs), which is acting as another major
growth-inducing factor. Additionally, the
extensive deployment of power electronics in
light dimmers, air conditioners (ACs), induction
cooking, uninterrupted power systems (UPS), and
vacuum cleaners is contributing to the market
growth. Moreover, the increasing utilization of
power electronics in landing gears, defensive aid
systems (DAS), navigation, avionics, and cabin
lighting systems of military aircrafts, is
propelling the market growth. Other factors, such
as significant investments in research and
development (RD) activities, frequent mergers
and acquisitions (MA) amongst key players, and
the escalating need for continuous supply power
and advance control systems in satellites, space
shuttles, missiles, and unmanned aerial vehicles
(UAVs) are creating a positive outlook for the
market. On account of the aforementioned factors,
the market is anticipated to reach a value of US
42.0 Billion by 2028, growing at a CAGR of 6.32
during 2023-2028. Looking forward, the market
value is projected to reach a strong growth
during the forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Device Powe
r Discrete Diode
Transistors Thyristor
Power Modules Intelligent Pow
er Module Power Integrated Modul
e Power ICs Power Mana
gement Integrated Circuit Applic
ation-Specific Integrated Circuit
Breakup by Material Silicon
Sapphire Silicon Carbide Galli
um Nitride Others

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Report Description and Highlights
Report Description
Breakup by Application Power Management
UPS Renewable
Others Breakup by Voltage Low Voltage
Medium Voltage High Voltage B
reakup by End Use Industry Automotive
Military and Aerospace
Energy and Power IT and Teleco
mmunication Consumer Electronics
Others Breakup by Region

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Report Description and Highlights
Report Description
North America United S
tates Canada Asia-Paci
fic China Japa
n India South
Korea Australia
Indonesia Others Eur
ope Germany Fr
ance United Kingdom
Italy Spain
Russia Others Lati
n America

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Report Description and Highlights
Report Description
Brazil Mexico
Others Middle East and
Africa


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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• ABB Ltd. Analog Devices Inc. Fuji Electric Co. Ltd
  . Infineon Technologies AG Microchip Technology In
  c. Mitsubishi Electric Corporation NXP Semiconduct
  ors N.V. Renesas Electronics Corporation ROHM Co.
  Ltd. STMicroelectronics Texas Instruments Incorpor
  ated Toshiba Corporation Vishay Intertechnology In
  c.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/power-electronics-marke
  t

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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