Power Semiconductor Market Size, Status, Global outlook 2022 To 2028 | Infineon, Texas Instruments, ON Semiconductor, STMicroelectronics, Mitsubishi Electric Corporation

A recent report titled 'Power Semiconductor': Market Size, Trends and Opportunity Outlook - Forecast to 2028 ' provides an all-inclusive analysis. The study also provides the Power Semiconductor market competitors share and region-wise analysis around the globe.

The Power Semiconductor market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2028. This report also includes the overall and comprehensive study of the Power Semiconductor market with all its aspects influencing the growth of the market. This report is an exhaustive quantitative analysis of the Power Semiconductor industry and provides data for making strategies to increase market growth and effectiveness.

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Power Semiconductor Market was valued at USD 37.90 billion in 2020, and it is expected to reach USD 46.02 billion by 2026, registering a CAGR of 3.17 %, during the period of 2021-2026

Markets Segmentation:

Top leading Companies Profiled in Power Semiconductor Market Report are Infineon, Texas Instruments, ON Semiconductor, STMicroelectronics, Mitsubishi Electric Corporation, Toshiba, Vishay Intertechnology, Fuji Electric, Nexperia, Littelfuse, Renesas Electronics, Semekron

News and Updates

March 2021- Magnachip launched a new Low-dropout (LDO) linear regulator featuring an ultra-fast transient response for a Universal Flash Storage (UFS)-based Multi-Chip Package (MCP). It is an advanced version of an Embedded Multi-Media Controller (eMMC), which was developed for concurrent read and write performance at higher speeds.

March 2021- Alpha and Omega Semiconductor announced the new AEC-Q101 qualified 1200V silicon carbide (SiC) αSiC MOSFETs. This is ideal for the high efficiency and reliability requirements of electric vehicle (EV) on-board chargers, motor drive inverters, and off-board charging stations.

Market Overview

Power semiconductors perform the same tasks as regular semiconductors, only on a much larger scale. These high-performance components are capable of handling extremely high electrical currents, voltages, and frequencies up to several gigawatts. Like all semiconductor devices, power semiconductors are used to rectify and amplify electrical signals or turn the flow of electricity on and off. These are typically used for industrial applications and the long-distance transmission and distribution of electricity.

The material is majorly comprised of Silicon Carbide (SiC) and Gallium Nitride (GaN). Compared to silicon, GaN and SiC have a wider bandgap (Si:1.1, SiC:3.3, and GaN:3.4), and therefore it is also called Wide Band Gap Semiconductors. SiC MOSFETs and diodes offer high switching frequency and high power density and are ideally suited for electric vehicle onboard chargers. The electric vehicles industry is catering to rapid growth owing to initiatives from several governments across the world.

The Asia Pacific region is expected to dominate the global power semiconductor market, as the region dominates the global semiconductor market, which is further supported by government policies. Moreover, the region's semiconductor industry is driven by China, Japan, Taiwan, and South Korea, which together constitute around 65% of the global discrete semiconductor market, while others like Vietnam, Thailand, Malaysia, and Singapore also contribute significantly to the region's dominance in the market.

Market Segmented By Types

Power Semiconductor Device

Power Module

Power Integrated Circuits

Market Segmented By Applications

Industrial

Automobile

Communication

Consumer Electronics

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Power Semiconductor Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Power Semiconductor market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - Power Semiconductor market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Power Semiconductor

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In conclusion, the Power Semiconductor market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Power Semiconductor Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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