
The global Power Electronics market size was valued at USD 34990 million in 2023 and is forecast to a readjusted size of USD 42940 million by 2030 with a CAGR of 3.0% during review period.
Power electronics is a solid-state circuitry device that converts and controls electric power from the source to the load in an efficient and convenient manner. It is used to control the fluctuated power from one device to other power devices such as diodes, transistors, and thyristors. It enables power management to enhance energy conservation in various applications such as industrial systems, consumer electronic, and electric vehicles. In addition, power electronics can control the flow of energy in unidirectional as well as bidirectional manner, depending upon the usage. Currently, it is used in renewable resources and electric vehicles to improve switching speed and prevent power loss.
Increasing adoption of power electronics in electric vehicles and aggrandized need for power management devices have led to higher adoption of power electronics in energy & power, automotive, consumer electronics, and other industries. Therefore, the global power electronics market is expected to witness moderate growth in the near future, owing to high-speed switching rate and optimized power loss. However, current leakage at high temperature and high infrastructure deployment cost hamper the market growth. Proactive government initiatives to establish high voltage direct current (HVDC) and smart grid utilizing power devices for power conversation are expected to provide lucrative opportunities to the market.
Report includes an overview of the development of the Power Electronics industry chain, the market status of Consumer Electronics (Power IC, Power Module), Energy & Power (Power IC, Power Module), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Power Electronics.
Regionally, the report analyzes the Power Electronics markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Power Electronics market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Power Electronics market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Power Electronics industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Power IC, Power Module).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Power Electronics market.
Regional Analysis: The report involves examining the Power Electronics market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Power Electronics market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Power Electronics:
Company Analysis: Report covers individual Power Electronics players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Power Electronics This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Consumer Electronics, Energy & Power).
Technology Analysis: Report covers specific technologies relevant to Power Electronics. It assesses the current state, advancements, and potential future developments in Power Electronics areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Power Electronics market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Power Electronics market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Power IC
Power Module
Power Discrete
Market segment by Application
Consumer Electronics
Energy & Power
Industrial System
Inverter & UPS
Automotive
Market segment by players, this report covers
Infineon Technologies
Mitsubishi Electric Corp
Toshiba Corporation
STMicroelectronics
Fuji Electric
Rockwell Automation
Microchip Technology Corporation
Texas Instruments
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Power Electronics product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Power Electronics, with revenue, gross margin and global market share of Power Electronics from 2019 to 2024.
Chapter 3, the Power Electronics competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Power Electronics market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Power Electronics.
Chapter 13, to describe Power Electronics research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of Power Electronics
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Power Electronics by Type
1.3.1 Overview: Global Power Electronics Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Power Electronics Consumption Value Market Share by Type in 2023
1.3.3 Power IC
1.3.4 Power Module
1.3.5 Power Discrete
1.4 Global Power Electronics Market by Application
1.4.1 Overview: Global Power Electronics Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Consumer Electronics
1.4.3 Energy & Power
1.4.4 Industrial System
1.4.5 Inverter & UPS
1.4.6 Automotive
1.5 Global Power Electronics Market Size & Forecast
1.6 Global Power Electronics Market Size and Forecast by Region
1.6.1 Global Power Electronics Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Power Electronics Market Size by Region, (2019-2030)
1.6.3 North America Power Electronics Market Size and Prospect (2019-2030)
1.6.4 Europe Power Electronics Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Power Electronics Market Size and Prospect (2019-2030)
1.6.6 South America Power Electronics Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Power Electronics Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 Infineon Technologies
2.1.1 Infineon Technologies Details
2.1.2 Infineon Technologies Major Business
2.1.3 Infineon Technologies Power Electronics Product and Solutions
2.1.4 Infineon Technologies Power Electronics Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Infineon Technologies Recent Developments and Future Plans
2.2 Mitsubishi Electric Corp
2.2.1 Mitsubishi Electric Corp Details
2.2.2 Mitsubishi Electric Corp Major Business
2.2.3 Mitsubishi Electric Corp Power Electronics Product and Solutions
2.2.4 Mitsubishi Electric Corp Power Electronics Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Mitsubishi Electric Corp Recent Developments and Future Plans
2.3 Toshiba Corporation
2.3.1 Toshiba Corporation Details
2.3.2 Toshiba Corporation Major Business
2.3.3 Toshiba Corporation Power Electronics Product and Solutions
2.3.4 Toshiba Corporation Power Electronics Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Toshiba Corporation Recent Developments and Future Plans
2.4 STMicroelectronics
2.4.1 STMicroelectronics Details
2.4.2 STMicroelectronics Major Business
2.4.3 STMicroelectronics Power Electronics Product and Solutions
2.4.4 STMicroelectronics Power Electronics Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 STMicroelectronics Recent Developments and Future Plans
2.5 Fuji Electric
2.5.1 Fuji Electric Details
2.5.2 Fuji Electric Major Business
2.5.3 Fuji Electric Power Electronics Product and Solutions
2.5.4 Fuji Electric Power Electronics Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Fuji Electric Recent Developments and Future Plans
2.6 Rockwell Automation
2.6.1 Rockwell Automation Details
2.6.2 Rockwell Automation Major Business
2.6.3 Rockwell Automation Power Electronics Product and Solutions
2.6.4 Rockwell Automation Power Electronics Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Rockwell Automation Recent Developments and Future Plans
2.7 Microchip Technology Corporation
2.7.1 Microchip Technology Corporation Details
2.7.2 Microchip Technology Corporation Major Business
2.7.3 Microchip Technology Corporation Power Electronics Product and Solutions
2.7.4 Microchip Technology Corporation Power Electronics Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Microchip Technology Corporation Recent Developments and Future Plans
2.8 Texas Instruments
2.8.1 Texas Instruments Details
2.8.2 Texas Instruments Major Business
2.8.3 Texas Instruments Power Electronics Product and Solutions
2.8.4 Texas Instruments Power Electronics Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Texas Instruments Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Power Electronics Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Power Electronics by Company Revenue
3.2.2 Top 3 Power Electronics Players Market Share in 2023
3.2.3 Top 6 Power Electronics Players Market Share in 2023
3.3 Power Electronics Market: Overall Company Footprint Analysis
3.3.1 Power Electronics Market: Region Footprint
3.3.2 Power Electronics Market: Company Product Type Footprint
3.3.3 Power Electronics Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Power Electronics Consumption Value and Market Share by Type (2019-2024)
4.2 Global Power Electronics Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global Power Electronics Consumption Value Market Share by Application (2019-2024)
5.2 Global Power Electronics Market Forecast by Application (2025-2030)
6 North America
6.1 North America Power Electronics Consumption Value by Type (2019-2030)
6.2 North America Power Electronics Consumption Value by Application (2019-2030)
6.3 North America Power Electronics Market Size by Country
6.3.1 North America Power Electronics Consumption Value by Country (2019-2030)
6.3.2 United States Power Electronics Market Size and Forecast (2019-2030)
6.3.3 Canada Power Electronics Market Size and Forecast (2019-2030)
6.3.4 Mexico Power Electronics Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe Power Electronics Consumption Value by Type (2019-2030)
7.2 Europe Power Electronics Consumption Value by Application (2019-2030)
7.3 Europe Power Electronics Market Size by Country
7.3.1 Europe Power Electronics Consumption Value by Country (2019-2030)
7.3.2 Germany Power Electronics Market Size and Forecast (2019-2030)
7.3.3 France Power Electronics Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Power Electronics Market Size and Forecast (2019-2030)
7.3.5 Russia Power Electronics Market Size and Forecast (2019-2030)
7.3.6 Italy Power Electronics Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Power Electronics Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Power Electronics Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Power Electronics Market Size by Region
8.3.1 Asia-Pacific Power Electronics Consumption Value by Region (2019-2030)
8.3.2 China Power Electronics Market Size and Forecast (2019-2030)
8.3.3 Japan Power Electronics Market Size and Forecast (2019-2030)
8.3.4 South Korea Power Electronics Market Size and Forecast (2019-2030)
8.3.5 India Power Electronics Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Power Electronics Market Size and Forecast (2019-2030)
8.3.7 Australia Power Electronics Market Size and Forecast (2019-2030)
9 South America
9.1 South America Power Electronics Consumption Value by Type (2019-2030)
9.2 South America Power Electronics Consumption Value by Application (2019-2030)
9.3 South America Power Electronics Market Size by Country
9.3.1 South America Power Electronics Consumption Value by Country (2019-2030)
9.3.2 Brazil Power Electronics Market Size and Forecast (2019-2030)
9.3.3 Argentina Power Electronics Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Power Electronics Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Power Electronics Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Power Electronics Market Size by Country
10.3.1 Middle East & Africa Power Electronics Consumption Value by Country (2019-2030)
10.3.2 Turkey Power Electronics Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Power Electronics Market Size and Forecast (2019-2030)
10.3.4 UAE Power Electronics Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 Power Electronics Market Drivers
11.2 Power Electronics Market Restraints
11.3 Power Electronics Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Power Electronics Industry Chain
12.2 Power Electronics Upstream Analysis
12.3 Power Electronics Midstream Analysis
12.4 Power Electronics Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Infineon Technologies
Mitsubishi Electric Corp
Toshiba Corporation
STMicroelectronics
Fuji Electric
Rockwell Automation
Microchip Technology Corporation
Texas Instruments
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*If Applicable.
