Power Electronics Market Worth USD 49.64 Billion By 2023 With Major Players: Renesas Electronics, Texas Instruments, Maxim Integrated, Vishay Intertechnology, Infineon Technologies, ABB India, Fuji Electric, NXP Semiconductor N.V, STMicroelectronics, Mits

This report focuses on the Power Electronics Market by Manufacturers, Regions, Type and Application, exclusively in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on type, application, regions, and manufacturers.

In order to BROWSE complete report with TOC: https://www.crystalmarketresearch.com/report/power-electronics-market .

Industry Outlook and Trend Analysis:
The Power Electronics market was worth USD 30.87 billion in 2014 and is expected to reach approximately USD 49.64 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.42% during the forecast period. The expanding demand for battery-powered and energy-efficient devices is probably going to drive the worldwide market over the figure time frame. Also, the inclination for upgrading power infrastructure, expanding focus regarding the usage of sustainable power sources, and developing pattern of vitality reaping advancements are the significant angles that are foreseen to support the business development over the assessed term. Power electronics is strong state circuitry device which are utilized to change and control electrical energy from the source to the load in a proper and successful way.

Major Key Players:
The leading players in the market are Renesas Electronics, Texas Instruments, Maxim Integrated, Vishay Intertechnology, Infineon Technologies, ABB India, Fuji Electric, NXP Semiconductor N.V, STMicroelectronics, Mitsubishi Electric and Qualcomm. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Request here to grab the SAMPLE Report at: https://www.crystalmarketresearch.com/report-sample/SE06914 .

Regional Outlook and Trend Analysis:
The Asia Pacific locale represented the biggest share of 40% of the worldwide business in 2016. The locale is anticipated to witness an extensive development and would proceed with its domination over the forecast period. The huge share of the overall industry and regional development can be credited to the lucrative opportunities in automotive, electronics, industrial, and ICT applications in the Asia Pacific area. The regional rise as a promising manufacturing hub, especially for the consumer electronics and automotive divisions, has prompted a remarkable ascent in production practices over the area by various driving makers of the verticals.

The Power Electronics market is segmented as follows-
By Material: Sapphire, Gallium Nitride (GaN), Silicon (Si), Silicon Carbide (SiC) and Others

By Device: Module, Discrete and IC

By Application: Consumer Electronics, Industrial, Aerospace & Defence, ICT, Power, Automotive and Others

By Region: North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)

Inquire about This Report at: https://www.crystalmarketresearch.com/send-an-enquiry/SE06914 .

Material Outlook and Trend Analysis:
Silicon represented the biggest market estimate in 2016 and is anticipated to rule the market over the conjecture time frame. The appropriateness of silicon in various power electronic devices and equipment has driven the material to represent the biggest share. Nonetheless, the sapphire fragment is foreseen to develop at the most significant CAGR over the forecast period. The development of this fragment is inferable from the beneficial opportunities, for example, usage of sapphire in cell phone cover glasses, smart watches, optical wafers, and LED lights is picking up footing for the material.

Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Chapter 2. Executive Summary
2.1. Key Highlights

Read Premium News from The Release wire of Atrial Fibrillation Market at: http://www.releasewire.com/press-releases/atrial-fibrillation-global-industry-worth-usd-896-billion-by-2023-with-cagr-of-1125-crystal-market-research-1034384.htm .

Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities

Chapter 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
....
Chapter 5. Power Electronics Market, By Material
5.1. Introduction
5.2. Global Power Electronics Sales, Revenue and Market Share by Material (2014-2018)
5.2.1. Global Power Electronics Sales and Sales Share by Material (2014-2018)
5.2.2. Global Power Electronics Revenue and Revenue Share by Material (2014-2018)
5.3. Sapphire
5.3.1. Global Sapphire Sales and Growth Rate (2014-2018)
5.4. Gallium Nitride (GaN)
5.4.1. Global Gallium Nitride (GaN) Sales and Growth Rate (2014-2018)
5.5. Silicon (Si)
5.5.1. Global Silicon (Si) Sales and Growth Rate (2014-2018)
5.6. Silicon Carbide (SiC)
5.6.1. Global Silicon Carbide (SiC) Sales and Growth Rate (2014-2018)
5.7. Others
5.7.1. Global Others Sales and Growth Rate (2014-2018)

…Read Full Table of Contents

(Early customers will receive 10% customization in this report.)

Request the Amazing DISCOUNT Price at: https://www.crystalmarketresearch.com/check-discount/SE06914 .

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contacts Us:
Judy | 304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
E-mail: sales@crystalmarketresearch.com | Ph: +1-888-213-4282
Web: https://www.crystalmarketresearch.com

This release was published on openPR.