Press release
Global Power Electronics Market Trend, CAGR Status, Growth Analysis and Forecast to 2022 For Players: Infineon Technologies, STMicroelectronics & ON Semiconductor
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As per the research findings, among the various devices, power discrete has been the largest market. The power modules segment is expected to witness fastest growth in demand during the forecast period.
Geographically, Asia-Pacific has been the largest revenue contributor to the global power electronics market. China has been the largest market in Asia-Pacific, while the U.S. led the North American market. Germany has been the major European market, whereas U.A.E. stood as the largest market in Rest of the World.
Power density is a prime factor in the PE industry, particularly in high-power applications. For instance, PE devices in electric rail traction drives, wind power generators, inverter systems, and solar power generators use PE devices to increase their operational efficiency.
The overall intensity of rivalry in the power electronics market is high. The intensity of rivalry is high due to existence of a large number of players in the market. The medium industry growth rate creates a moderate degree of rivalry in the power electronics market.
Read summary of report here :: https://www.psmarketresearch.com/market-analysis/power-electronics-market/
According to the findings, Infineon Technologies, STMicroelectronics and ON Semiconductor have been the major players to introduce new power electronic products in the recent years. The other major developments in the market include merger and acquisition, and partnerships and collaborations.
GLOBAL POWER ELECTRONICS MARKET SEGMENTATION
By end-user
• Consumer Electronics
• Automotive
• Industrial
• Power & Energy
• ICT
• Aerospace & Defense
• Others
By voltage
• Low Voltage (400V – 1.1kV)
• Medium Voltage (1.2KV - 1.9KV)
• High Voltage (2KV - 3.3KV)
• Very High Voltage (> 3.3KV)
By region
• North America
o U.S
o Rest of North America
• Europe
o Germany
o France
o Italy
o U.K
o Spain
o Rest of Europe
• Asia-Pacific (APAC)
o China
o India
o Japan
o Rest of APAC
• Rest of the World
o United Arab Emirates (UAE)
o South Africa
o Rest of RoW
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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