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Power Electronic Market Trends and Forecast
The future of the global power electronic market looks promising with opportunities in the consumer electronics, industrial, automotive & transportation, ict (information and communications technology), and aerospace & defense markets. The global power electronic market is expected to reach an estimated $XX.X billion by 2028 with a CAGR of 6.2% from 2023 to 2028. The major drivers for this market are growing demand for automation technology, rising demand in the field of power infrastructure ,and energy-efficient battery-power portable devices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global power electronic market report, please download the report brochure.
Power Electronic Market by Segment
The study includes a forecast for the global power electronic market by type, material, end use industry, and region
Power Electronic Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Power Module
• Power Discrete
• Power IC
• Segment 4
• Segment 5
• Segment 6
• Segment 7
• Segment 8
• Segment 9
• Segment 10
XYZ Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Segment 1
• Segment 2
• Segment 3
• Segment 4
• Segment 5
• Segment 6
• Segment 7
• Segment 8
• Segment 9
• Segment 10
XYZ Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Segment 1
• Segment 2
• Segment 3
• Segment 4
• Segment 5
• Segment 6
• Segment 7
• Segment 8
• Segment 9
• Segment 10
XYZ Market by Region [Shipment Analysis by Value from 2017 to 2028]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Power Electronics Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies power electronics companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the power electronics companies profiled in this report include-
• Fuji Electric
• Toshiba
• ABB Group
• Microsemi
• XYZ
Power Electronics Market Insights
Lucintel forecast that power module is expected to witness highest growth over the forecast period due to XX,XX, and XX.
Within this market, consumer electronics will remain the largest segment due to XX,XX, and XX.
APAC is expected to witness highest growth over the forecast period due to XX,XX, and XX.
Features of the Global Power Electronic Market
Market Size Estimates: Power Electronic Market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Power Electronic Market size by various segments, such as by type, material,end use industry, product, and region in terms of value ($B).
Regional Analysis: Power Electronic Market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, material, end use industry, product, and regions for the Power Electronic Market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the Power Electronic Market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the Power Electronic Market size?
Answer: The Global Power Electronic Market is expected to reach an estimated $XX.X billion by 2030.
Q.2 What is the growth forecast for Power Electronic Market?
Answer: The Global Power Electronic Market is expected to grow with a CAGR of 6.2% from 2024 to 2030
Q.3 What are the major drivers influencing the growth of the Power Electronic Market?
Answer: The major drivers for this market are growing demand for automation technology rising demand in the field of power infrastructure energy-efficient battery-power portable devices
Q4. What are the major segments for Power Electronic Market?
Answer: The future of the Power Electronic Market looks promising with opportunities in the consumer electronics, industrial, automotive & transportation, ict (information and communications technology), and aerospace & defense markets.
Q5. Who are the key Power Electronic Market companies?90Answer: Some of the key Power Electronic Market companies are as follows: • Fuji Electric • Toshiba • ABB Group • Microsemi • XYZ • 0 • 0 • 0 • 0 • 0
Q6. Which Power Electronic Market segment will be the largest in future?
Answer: Lucintel forecast that power module is expected to witness highest growth over the forecast period due to XX,XX, and XX.
Q7. In Power Electronic Market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to XX,XX, and XX.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the power electronic market by type (power module, power discrete, and power IC), material (silicon carbide, sapphire, gallium nitride, silicon, and others), end use industry (consumer electronics, industrial, automotive & transportation, ICT (information and communications technology), aerospace & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Table of Contents
1. Executive Summary
2. Global Power Electronic Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Power Electronic Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Power Electronic Market by Type
3.3.1: Power Module
3.3.2: Power Discrete
3.3.3: Power IC
3.3.4: Segment 4
3.3.5: Segment 5
3.4: Global Power Electronic Market by Material
3.4.1: Segment 1
3.4.2: Segment 2
3.4.3: Segment 3
3.4.4: Segment 4
3.4.5: Segment 5
3.5: Global Power Electronic Market by End Use Industry
3.5.1: Segment 1
3.5.2: Segment 2
3.5.3: Segment 3
3.5.4: Segment 4
3.5.5: Segment 5
3.5.6: Segment 6
3.6: Global Power Electronic Market by Technology
3.6.1: Segment 1
3.6.2: Segment 2
3.6.3: Segment 3
3.6.4: Segment 4
3.6.5: Segment 5
3.6.6: Segment 6
3.6.7: Segment 7
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Power Electronic Market by Region
4.2: North American Power Electronic Market
4.2.1: North American Power Electronic Market by Type : Power Module, Power Discrete, Power IC, Segment 4, Segment 5, Segment 6, Segment 7, Segment 8 , Segment 9, Segment 10
4.2.2: North American Power Electronic Market by Material: Segment 1, Segment 2, Segment 3, Segment 4, Segment 5, Segment 6, Segment 7, Segment 8, Segment 9
4.3: European Power Electronic Market
4.3.1: European Power Electronic Market by Type :Power Module, Power Discrete, Power IC, Segment 4, Segment 5, Segment 6, Segment 7, Segment 8 , Segment 9, Segment 10
4.3.2: European Power Electronic Market by Material: Segment 1, Segment 2, Segment 3, Segment 4, Segment 5, Segment 6, Segment 7, Segment 8, Segment 9
4.4: APAC Power Electronic Market
4.4.1: APAC Power Electronic Market by Type : Power Module, Power Discrete, Power IC, Segment 4, Segment 5, Segment 6, Segment 7, Segment 8 , Segment 9, Segment 10
4.4.2: APAC Power Electronic Market by Material: Segment 1, Segment 2, Segment 3, Segment 4, Segment 5, Segment 6, Segment 7, Segment 8, Segment 9
4.5: ROW Power Electronic Market
4.5.1: ROW Power Electronic Market by Type : Power Module, Power Discrete, Power IC, Segment 4, Segment 5, Segment 6, Segment 7, Segment 8 , Segment 9, Segment 10
4.5.2: ROW Power Electronic Market by Material: Segment 1, Segment 2, Segment 3, Segment 4, Segment 5, Segment 6, Segment 7, Segment 8, Segment 9
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Power Electronic Market by Type
6.1.2: Growth Opportunities for the Global Power Electronic Market by Material
6.1.3: Growth Opportunities for the Global Power Electronic Market by End Use Industry
6.1.4: Growth Opportunities for the Global Power Electronic Market by Technology
6.1.5: Growth Opportunities for the Global Power Electronic Market Region
6.2: Emerging Trends in the Global Power Electronic Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Power Electronic Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Power Electronic Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Fuji Electric
7.2: Toshiba
7.3: ABB Group
7.4: Microsemi.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets, applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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