Quick Summary:
In the ever-evolving world of technology, staying informed is critical to remaining competitive and ahead of the curve. Our latest research report on the Power Semiconductors market offers illuminating insights, forward-looking analysis, and strategic intelligence that can catapult your business to the forefront of this $54.5 billion industry.
Key takeaways from this report include invaluable data on players such as ABB, Cree Inc., Hitachi, and others, and their positioning in the market. It also delves into the growth potential of strong segments such as Silicon/Germanium, expected to hit an impressive $23.7 billion. Furthermore, geographic analysis calls attention to compelling markets like China, predicted to follow a robust growth trajectory of a 5.1% CAGR. In addition, access to our digital archives, research platform, and online interactive peer-to-peer collaborative bespoke updates are added benefits of this report. With this report, navigate your business decisions confidently in the dynamic Power Semiconductors market.
Global Power Semiconductors Market to Reach $54.5 Billion by 2030
The global market for Power Semiconductors estimated at US$45.3 Billion in the year 2022, is projected to reach a revised size of US$54.5 Billion by 2030, growing at a CAGR of 2.3% over the analysis period 2022-2030. Silicon / Germanium, one of the segments analyzed in the report, is projected to record 3% CAGR and reach US$23.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Silicon Carbide (SiC) segment is readjusted to a revised 2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $12.4 Billion, While China is Forecast to Grow at 5.1% CAGR
The Power Semiconductors market in the U.S. is estimated at US$12.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11.4 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.Select Competitors (Total 12 Featured) -
- ABB
- Broadcom Inc.
- Cree Inc.
- Fairchild SemiconductoR
- Fuji Electric Co. Ltd
- Hitachi
- Infineon technologies AG
- Mitsubishi Electric Corporation
- NXP semiconductor Inc.
- ON Semiconductor Corporation
- Renesas Electronic Corporation
- Semikron International
- ST Microelectronics N.V
- Texas instruments Inc.
- Toshiba Corporation
- United Silicon Carbide Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Power Semiconductors?
What is the growth rate of the Global Market for Power Semiconductors?
What is the forecasted size of the Global Market for Power Semiconductors?
Who are the key companies in the Global Market for Power Semiconductors?
| Report Attribute | Details |
|---|---|
| No. of Pages | 78 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 45.3 Billion |
| Forecasted Market Value ( USD | $ 54.5 Billion |
| Compound Annual Growth Rate | 2.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB
- Broadcom Inc.
- Cree Inc.
- Fairchild SemiconductoR
- Fuji Electric Co. Ltd
- Hitachi
- Infineon technologies AG
- Mitsubishi Electric Corporation
- NXP semiconductor Inc.
- ON Semiconductor Corporation
- Renesas Electronic Corporation
- Semikron International
- ST Microelectronics N.V
- Texas instruments Inc.
- Toshiba Corporation
- United Silicon Carbide Inc.
