Power Electronics Market Trajectory and Analytics 2021 to 2027 - ABB Ltd., Delta Electronics, Inc., Fuji Electric Co., Ltd., Gresham Power Electronics

Power Electronics market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2021 to 2025 are profiled in this report.

The power electronics market is anticipated to witness a CAGR of 5.0% over the forecast period of (2020 - 2025).

The Power Electronics market is highly competitive and consists of a number of major players: ABB Ltd., Delta Electronics, Inc., Fuji Electric Co., Ltd., Gresham Power Electronics, Renesas Electronics Corporation, Scientech Technologies Pvt., ST Microelectronics NV, Texas Instruments Incorporated, Toshiba International Corporation, Veeco Instruments Inc., XP Power Limited

Company News :

- February 2018: NXP Semiconductors announced the launch of its new IoT-on-a-Chip, which significantly advances the future of edge computing. The scalable offering packs NXP�s ARM-based i.MX applications processor, Wi-Fi, and Bluetooth into a much smaller size, thereby offering a broad range of functionality, security, and connectivity to IoT devices.
- January 2018: Punch Powertrain NV acquired Apojee, to expand its R&D capability in the field of power electronics� electric and hybrid transmissions technologies.

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Scope of the Report

Power electronics is the power management from one system to another through various components such as capacitors, inductors, and other semiconductor devices. The products and devices that are ready for the use for the end-users are covered in the study. Moreover, power electronics is the integration of energy, control systems, and electronic devices.

Key Market Trends

Surge in Demand for Power Electronics in Automotive Industry

- Integration of advanced driver assistance, safety, and convenience systems in almost all automotive vehicles will be the major factor boosting the demand for power electronics in the automotive sector. Also, the increase in the sale of electric and hybrid vehicles will considerably help the market to grow over the forecast period. Hybrid electric vehicles have already gathered a huge momentum globally, especially from the European and North American countries. This popularity of hybrid technology will help the growth of the power electronics market to a reasonable extent.
- The dominance of electrics and electronics in these vehicles will constitute the bulk of the share in the power electronics industry. Further, power electronics systems in electric vehicles and multiplexed bus systems with distributed power integrated circuits for control of lights, motors, and air conditioning, is also transforming the automotive sector.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Power Electronics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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