Press release
Power Electronics Market worth $70.46 billion by 2030, growing at a CAGR of 5.67% - Exclusive Report by 360iResearch
Power Electronics Market | 360iResearch
The Global Power Electronics Market to grow from USD 47.87 billion in 2023 to USD 70.46 billion by 2030, at a CAGR of 5.67%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/power-electronics?utm_source=openpr&utm_medium=referral&utm_campaign=sample
Power electronics is a component of electrical engineering that deals with converting, controlling, and managing electrical power. It involves studying and applying electronic devices and systems for the control and transformation of electric power. Power electronics are crucial in various applications, including power conversion, motor drives, renewable energy systems, and electric vehicles. The growth of the power electronics market is influenced by multiple factors, including the global push for energy efficiency and carbon footprint reduction, advancements in technology leading to higher power density, and the robust growth of electric vehicles and renewable energy systems. Increased investments in smart grids and the need for high-efficiency power solutions in consumer electronics are also key drivers. Moreover, government initiatives and policies favoring energy-saving technologies provide a conducive environment for the market's expansion. Despite the prospects for growth, the market faces limitations and challenging factors, such as the high initial cost of advanced power electronic systems and the complexity involved in integrating these systems into existing frameworks, which further hamper its growth in the market. Innovation in semiconductor materials that offer higher efficiency and the power to operate at higher frequencies and temperatures can contribute to the further growth of the industry. Integration of AI and IoT for smart power management systems, inductive wireless power transfer for electric vehicle charging, and advancement in battery management systems for better energy storage solutions represent potential avenues for market expansion.
The Americas has a significant power electronics market with a strong emphasis on technological advancements and high-quality products. The regional consumers show a growing interest in home automation and smart appliances, which drives the need for advanced power electronic solutions. The landscape is shaped by numerous governmental initiatives to promote energy efficiency and is supported by a robust investment atmosphere for technology start-ups and research endeavors. Stringent regulations regarding energy consumption and high environmental awareness among consumers characterize the European power electronics space. EU initiatives aim to make the European Union a climate-neutral region by driving innovation in green technology, including power electronics. The EU's focus on sustainability influences customer purchasing behavior towards efficient and long-lasting electronics. European countries have numerous power electronics companies engaged in high-level research and development. The Asia Pacific has a significant landscape in power electronics, largely driven by its substantial investments in renewable energy and electric vehicles (EVs). As part of its pollution reduction and energy security strategies, the government's support for EVs has catalyzed local market growth. The country's power electronics landscape is burgeoning due to the government's push for renewable energy and the rapid expansion of its industrial sector.
Market Segmentation & Coverage:
This research report categorizes the Power Electronics Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Device Type, market is studied across Discrete, IC, and Module. The Discrete is further studied across Diode, Thyristor, and Transistors. The IC is further studied across Application Specific IC and Power Management IC. The Module is further studied across Intelligent Power Module and Standard and Power Integrated Module. The IC is projected to witness significant market share during forecast period.
Based on Material, market is studied across Gallium Nitride, Sapphire, Silicon, and Silicon Carbide. The Silicon Carbide is projected to witness significant market share during forecast period.
Based on Voltage, market is studied across High Voltage, Low Voltage, and Medium Voltage. The Medium Voltage is projected to witness significant market share during forecast period.
Based on Current Level, market is studied across 25A to 40A, Above 40A, and Up to 25A. The 25A to 40A is projected to witness significant market share during forecast period.
Based on Wafer Size, market is studied across 200 mm, Above 200 mm, and Less than 200 mm. The 200 mm is projected to witness significant market share during forecast period.
Based on Application, market is studied across Aerospace & Defense, Automotive, Consumer Electronics, Industrial, Information & Communications Technology, and Power. The Aerospace & Defense is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.14% in 2023, followed by Asia-Pacific.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/power-electronics?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Power Electronics Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Power Electronics Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Power Electronics Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., BorgWarner Inc., Delta Electronics, Inc., Fuji Electric Co., Ltd., Heraeus Group, imperix power electronics, Infineon Technologies AG, Liebherr-International Deutschland GmbH, Littelfuse, Inc., Maxim Integrated Products, Inc., Microchip Technology Inc., Mitsubishi Electric Corp., Murata Manufacturing Co., Ltd., Nordic Semiconductor, NXP Semiconductor N.V, ON Semiconductor Corp., Oztek Corporation, Proterial, Ltd., Qualcomm, Inc., Renesas Electronics Corp., Semikron Danfoss Elektronik GmbH & Co. KG, STMicroelectronics N.V., Texas Instruments, Inc., Toshiba Corporation, Vincotech, Vitesco Technologies, and ZF Friedrichshafen AG.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Power Electronics Market, by Device Type
7. Power Electronics Market, by Material
8. Power Electronics Market, by Voltage
9. Power Electronics Market, by Current Level
10. Power Electronics Market, by Wafer Size
11. Power Electronics Market, by Application
12. Americas Power Electronics Market
13. Asia-Pacific Power Electronics Market
14. Europe, Middle East & Africa Power Electronics Market
15. Competitive Landscape
16. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Power Electronics Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Power Electronics Market?
3. What is the competitive strategic window for opportunities in the Power Electronics Market?
4. What are the technology trends and regulatory frameworks in the Power Electronics Market?
5. What is the market share of the leading vendors in the Power Electronics Market?
6. What modes and strategic moves are considered suitable for entering the Power Electronics Market?
Read More @ https://www.360iresearch.com/library/intelligence/power-electronics?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Power Electronics Market worth $70.46 billion by 2030, growing at a CAGR of 5.67% - Exclusive Report by 360iResearch here
News-ID: 3404900 • Views: …
More Releases from 360iResearch
Rising Incidence of Human Metapneumovirus in Vulnerable Populations Boosts Globa …
In recent years, the silent ascent of human metapneumovirus (HMPV) infections has begun to capture significant attention within the realm of infectious diseases. As we advance in medical science, unraveling complexities of age-old pathogens like common influenza or emerging illnesses like COVID-19, a critical discourse has been emerging around HMPV. Particularly, there seems to be a burgeoning acknowledgment of its growing impact on vulnerable global populations, propelling an increased demand…
The Meat Alternatives Market size was estimated at USD 9.39 billion in 2023 and …
From Appetite to Advocacy: The Rising Demand for Meat Alternatives
In recent years, the global food industry has been undergoing a remarkable transformation, driven primarily by an increasing consumer demand for healthier, sustainable, and ethically sourced food products. This seismic shift has brought traditional meat alternatives and high-protein plant-based foods into the spotlight. As the world becomes more conscious of the implications of meat consumption on health and the environment, the…
The Mobility-as-a-Service Market size was estimated at USD 264.80 billion in 202 …
Unpacking the Surge in Investments and Collaborations to Bolster Mobility-as-a-Service
In recent years, as urban landscapes continually evolve, a transformative shift known as Mobility-as-a-Service (MaaS) has reshaped the way we perceive transportation. Marked by the integration of various forms of transport services into a single accessible on-demand mobility solution, MaaS is rapidly gaining traction across global cities. As an emerging paradigm, it's not just shaping the future of travel but also…
The Data Center Services Market size was estimated at USD 56.65 billion in 2023 …
Smart City Revolutions: Why Data Center Colocation is the Future Backbone
In the era of digital transformation, urban landscapes across the globe are undergoing a seismic shift toward becoming "smart cities." The concept of a smart city revolves around using digital technology, IoT (Internet of Things), AI, and data analytics at an unprecedented scale to improve urban infrastructure, manage resources efficiently, and enhance the quality of life for citizens. A vital…
More Releases for Power
Thermal power Market is Gaining Momentum with Enel, TATA Power, Reliance Power
The Latest Released Thermal power market study has evaluated the future growth potential of Thermal power market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges,…
Japan Power Market Outlook to 2030, Update 2018 – The Kansai Electric Power, C …
Japan Power Market
This report elaborates Japan's power market structure and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the Japanese power market's regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain is provided. The report also gives a snapshot of the power sector in Japan on broad parameters of macroeconomics, supply security, generation…
Global Power Rental Market Insight Report 2018 - Rental Power Solutions, Power E …
The global "Power Rental" Market research report gives point to point breakdown along with the data of Power Rental market’s analytical study, regional analysis, growth factors and leading companies. The research report about the market provides the data about the aspects which drive the expansion of Power Rental industry. The Power Rental market consists of large key companies who play a vital role in the production, manufacturing, sales and distribution…
Japan: Geothermal Power Market Power Plants, Regulations and Company Profiles 20 …
"Geothermal Power in Japan, Market Outlook to 2030, Update 2018-Capacity, Generation, Power Plants, Regulations and Company Profiles", is the latest report from Publisher, the industry analysis specialists that offer comprehensive information and understanding of the Geothermal market in Japan.
The report provides an in-depth analysis on global renewable power market and global Geothermal market with forecasts up to 2030. The report analyzes the power market scenario in Japan (includes conventional Hydro,…
Fluid Power Systems Market SWOT Analysis by Key Players: Parker, Eaton, Tokyo Ke …
QY Research has lately published a new report on “Global Fluid Power Systems Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025.
The Fluid Power Systems market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered…
New research on Medical Power Supply Market To 2022 Profiling SL Power Electroni …
This Global Medical Power Supply market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this…
