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Power Electronics Market Size 2022: Leading Players, Demands, Future Trends, Growth Factors, Strategy, Price and Gross Margin till 2025
The Power Electronics Market 2022 report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2022 to 2025. The structured analysis contains graphical as well as a diagrammatic representation of the global Power Electronics Market with its specific geographical regions.The Global Power Electronics Market Size is Projected to Reach at a CAGR of 5.7% during 2022-2025.
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Key players in the global Power Electronics Market covered:
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,
Recent Development:
- 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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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.
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Asia-Pacific Expected to Record Significant Growth Over the Forecast Period
- With the presence of many niche electronics OEMs and their suppliers in countries like China, Taiwan, South Korea, India, and Japan, the Asia-Pacific region is expected to experience the highest growth rate in the global power electronics market. With China surpassing every other country in renewable energy generation in the future, power electronics vendors are undergoing aggressive marketing strategies to capture the Chinese market in the coming years.
Table of Contents: Power Electronics Market
- Chapter 1: outline of Power Electronics marketplace
- Chapter 2: worldwide market reputation and forecast through areas
- Chapter 3: worldwide marketplace popularity and forecast by using types
- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
- Chapter 5: marketplace riding issue evaluation
- Chapter 6: market opposition reputation by major producers
- Chapter 7: essential producers Presentation and market data
- Chapter 8: Upstream and Downstream marketplace investigation
- Chapter 9: Fetched and net part investigation
- Chapter 10: marketplace file end
- Chapter 11: research technique and Reference
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