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Synopsis
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.
The global Power Electronics market size is expected to reach US$ 43460 million by 2029, growing at a CAGR of 3.1% from 2023 to 2029. The market is mainly driven by the significant applications of Power Electronics in various end use industries. The expanding demands from the Consumer Electronics, Energy & Power, Industrial System and Inverter & UPS, are propelling Power Electronics market. Power IC, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Power Module segment is estimated at % CAGR for the next seven-year period.
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 Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Power Electronics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Power Electronics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Power Electronics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Power Electronics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Power Electronics covered in this report include Infineon Technologies, Mitsubishi Electric Corp, Toshiba Corporation, STMicroelectronics, Fuji Electric, Rockwell Automation, Microchip Technology Corporation and Texas Instruments, etc.
The global Power Electronics market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Global Power Electronics market, by region:
Global Power Electronics market, Segment by Type:
Global Power Electronics market, by Application
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Power Electronics companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Power Electronics
1.1 Power Electronics Market Overview
1.1.1 Power Electronics Product Scope
1.1.2 Power Electronics Market Status and Outlook
1.2 Global Power Electronics Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Power Electronics Market Size by Region (2018-2029)
1.4 Global Power Electronics Historic Market Size by Region (2018-2023)
1.5 Global Power Electronics Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Power Electronics Market Size (2018-2029)
1.6.1 North America Power Electronics Market Size (2018-2029)
1.6.2 Europe Power Electronics Market Size (2018-2029)
1.6.3 Asia-Pacific Power Electronics Market Size (2018-2029)
1.6.4 Latin America Power Electronics Market Size (2018-2029)
1.6.5 Middle East & Africa Power Electronics Market Size (2018-2029)
2 Power Electronics Market by Type
2.1 Introduction
2.1.1 Power IC
2.1.2 Power Module
2.1.3 Power Discrete
2.2 Global Power Electronics Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Power Electronics Historic Market Size by Type (2018-2023)
2.2.2 Global Power Electronics Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Power Electronics Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Power Electronics Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Power Electronics Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Power Electronics Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Power Electronics Revenue Breakdown by Type (2018-2029)
3 Power Electronics Market Overview by Application
3.1 Introduction
3.1.1 Consumer Electronics
3.1.2 Energy & Power
3.1.3 Industrial System
3.1.4 Inverter & UPS
3.1.5 Automotive
3.2 Global Power Electronics Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Power Electronics Historic Market Size by Application (2018-2023)
3.2.2 Global Power Electronics Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Power Electronics Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Power Electronics Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Power Electronics Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Power Electronics Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Power Electronics Revenue Breakdown by Application (2018-2029)
4 Power Electronics Competition Analysis by Players
4.1 Global Power Electronics Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Power Electronics as of 2022)
4.3 Date of Key Players Enter into Power Electronics Market
4.4 Global Top Players Power Electronics Headquarters and Area Served
4.5 Key Players Power Electronics Product Solution and Service
4.6 Competitive Status
4.6.1 Power Electronics Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Infineon Technologies
5.1.1 Infineon Technologies Profile
5.1.2 Infineon Technologies Main Business
5.1.3 Infineon Technologies Power Electronics Products, Services and Solutions
5.1.4 Infineon Technologies Power Electronics Revenue (US$ Million) & (2018-2023)
5.1.5 Infineon Technologies Recent Developments
5.2 Mitsubishi Electric Corp
5.2.1 Mitsubishi Electric Corp Profile
5.2.2 Mitsubishi Electric Corp Main Business
5.2.3 Mitsubishi Electric Corp Power Electronics Products, Services and Solutions
5.2.4 Mitsubishi Electric Corp Power Electronics Revenue (US$ Million) & (2018-2023)
5.2.5 Mitsubishi Electric Corp Recent Developments
5.3 Toshiba Corporation
5.3.1 Toshiba Corporation Profile
5.3.2 Toshiba Corporation Main Business
5.3.3 Toshiba Corporation Power Electronics Products, Services and Solutions
5.3.4 Toshiba Corporation Power Electronics Revenue (US$ Million) & (2018-2023)
5.3.5 STMicroelectronics Recent Developments
5.4 STMicroelectronics
5.4.1 STMicroelectronics Profile
5.4.2 STMicroelectronics Main Business
5.4.3 STMicroelectronics Power Electronics Products, Services and Solutions
5.4.4 STMicroelectronics Power Electronics Revenue (US$ Million) & (2018-2023)
5.4.5 STMicroelectronics Recent Developments
5.5 Fuji Electric
5.5.1 Fuji Electric Profile
5.5.2 Fuji Electric Main Business
5.5.3 Fuji Electric Power Electronics Products, Services and Solutions
5.5.4 Fuji Electric Power Electronics Revenue (US$ Million) & (2018-2023)
5.5.5 Fuji Electric Recent Developments
5.6 Rockwell Automation
5.6.1 Rockwell Automation Profile
5.6.2 Rockwell Automation Main Business
5.6.3 Rockwell Automation Power Electronics Products, Services and Solutions
5.6.4 Rockwell Automation Power Electronics Revenue (US$ Million) & (2018-2023)
5.6.5 Rockwell Automation Recent Developments
5.7 Microchip Technology Corporation
5.7.1 Microchip Technology Corporation Profile
5.7.2 Microchip Technology Corporation Main Business
5.7.3 Microchip Technology Corporation Power Electronics Products, Services and Solutions
5.7.4 Microchip Technology Corporation Power Electronics Revenue (US$ Million) & (2018-2023)
5.7.5 Microchip Technology Corporation Recent Developments
5.8 Texas Instruments
5.8.1 Texas Instruments Profile
5.8.2 Texas Instruments Main Business
5.8.3 Texas Instruments Power Electronics Products, Services and Solutions
5.8.4 Texas Instruments Power Electronics Revenue (US$ Million) & (2018-2023)
5.8.5 Texas Instruments Recent Developments
6 North America
6.1 North America Power Electronics Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Power Electronics Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Power Electronics Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Power Electronics Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Power Electronics Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Power Electronics Market Dynamics
11.1 Power Electronics Industry Trends
11.2 Power Electronics Market Drivers
11.3 Power Electronics Market Challenges
11.4 Power Electronics Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research