Global Power Electronics Market to Reach $61.8 Billion by 2030
The global market for Power Electronics estimated at US$35.8 Billion in the year 2022, is projected to reach a revised size of US$61.8 Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2022-2030. Power ICs, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$32 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Power Modules segment is readjusted to a revised 7.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $9.7 Billion, While China is Forecast to Grow at 10.8% CAGR
The Power Electronics market in the U.S. is estimated at US$9.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$13.7 Billion by the year 2030 trailing a CAGR of 10.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 5.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.Select Competitors (Total 93 Featured) -
- ABB Group
- Fuji Electric Co. Ltd.
- Infineon Technologies AG
- Maxim Integrated Products, Inc.
- Microsemi Corporation
- Mitsubishi Electric Corp.
- NXP Semiconductors N.V
- ON Semiconductor Corp.
- Qualcomm, Inc.
- Renesas Electronics Corporation
- Rockwell Automation
- STMicroelectronics
- Texas Instruments Incorporated
- Toshiba Corporation
- Vishay Intertechnology, 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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Group
- Fuji Electric Co. Ltd.
- Infineon Technologies AG
- Maxim Integrated Products, Inc.
- Microsemi Corporation
- Mitsubishi Electric Corp.
- NXP Semiconductors N.V
- ON Semiconductor Corp.
- Qualcomm, Inc.
- Renesas Electronics Corporation
- Rockwell Automation
- STMicroelectronics
- Texas Instruments Incorporated
- Toshiba Corporation
- Vishay Intertechnology, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 119 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 35.8 Billion |
Forecasted Market Value ( USD | $ 61.8 Billion |
Compound Annual Growth Rate | 7.1% |
Regions Covered | Global |