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Power Semiconductor Market worth $68.39 billion by 2030, growing at a CAGR of 7.06% - Exclusive Report by 360iResearch

07-22-2024 10:50 AM CET | Energy & Environment

Press release from: 360iResearch

Power Semiconductor Market | 360iResearch

Power Semiconductor Market | 360iResearch

The "Power Semiconductor Market by Material (Gallium Nitride, Silicon, Silicon Carbide), Component (Diode, Insulated Gate Bipolar Transistors, Thyristors), Application, End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/power-semiconductor?utm_source=openpr&utm_medium=referral&utm_campaign=sample

Power semiconductors, essential for controlling and converting electrical power in electronic systems, include a range of devices such as diodes, transistors, thyristors, and modules, and find applications across various sectors including automotive, consumer electronics, industrial, and renewable energy. They are crucial for improving energy efficiency and managing power in electronic systems and are indispensable in electric and hybrid vehicles, where they facilitate battery management, traction inverters, and charging. In consumer electronics, these components are vital for efficient power conversion and management in smartphones, laptops, and household appliances. They play a key role in industrial automation, robotics, motor drives, and in renewable energy applications, such as solar inverters and energy storage systems. The market growth is driven by increasing demand for electric vehicles (EVs), advancements in renewable energy, the need for smaller and more efficient devices, and continuous innovations in semiconductor materials including Silicon Carbide (SiC) and Gallium Nitride (GaN). Emerging markets in Asia-Pacific and Africa present significant opportunities due to industrial growth and rising adoption of consumer electronics and renewable energy solutions. However, the market faces challenges from high manufacturing costs, technical issues related to thermal management and efficiency, intense competition, and supply chain disruptions. Innovation and research are recommended in areas such as advanced materials, integration of AI and IoT for smart power management, improved thermal management solutions, and eco-friendly manufacturing practices to align with environmental regulations. The market's dynamic nature, characterized by rapid technological advancements and significant investment in R&D, presents substantial growth opportunities, particularly in the renewable energy and EV sectors, albeit with challenges related to initial costs and technical complexities.

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Market Segmentation & Coverage:

This research report categorizes the Power Semiconductor Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Material, market is studied across Gallium Nitride, Silicon, and Silicon Carbide.

Based on Component, market is studied across Diode, Insulated Gate Bipolar Transistors, Thyristors, and Transistors.

Based on Application, market is studied across Lighting & Lasers, Power Drives, Radio Frequency, and Supplies & Inverters.

Based on End-User, market is studied across Aerospace & Defense, Automotive, Consumer Electronics, Healthcare, Industrial, and Telecommunication.

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.

Key Company Profiles:

The report delves into recent significant developments in the Power Semiconductor Market, highlighting leading vendors and their innovative profiles. These include SiPower Inc., Shindengen Electric Manufacturing Co., Ltd., ROHM Semiconductor GmbH, Broadcom Inc., Wolfspeed, Inc., Qorvo, Inc., Infineon Technologies AG, Murata Manufacturing Co., Ltd., C&H Technology, Inc., NXP Semiconductor N.V., ON Semiconductor Corporation, Littelfuse, Inc., Vishay Intertechnology, Inc., Toshiba Electronic Devices & Storage Corporation, Texas Instruments, Inc., Fuji Electric Co., Ltd., Yangzhou Positioning Tech. Co., Ltd., Hitachi Ltd., Microchip Technology Inc., STMicroelectronics N.V., StarPower Semiconductor Ltd., ABB Ltd., Renesas Electronics Corp., and Mitsubishi Electric Corporation.

Introducing 360iResearch AI: Revolutionizing Market Intelligence with AI-Powered Insights for the Power Semiconductor Market

We proudly unveil Research AI, a cutting-edge AI product designed to transform how businesses interact with the Power Semiconductor Market. Research AI stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, Research AI is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it's a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Power Semiconductor Market. Embrace the future of market analysis with Research AI, where informed decisions lead to remarkable growth.

Ask Question to Research AI @ https://www.360iresearch.com/library/intelligence/power-semiconductor?utm_source=openpr&utm_medium=referral&utm_campaign=research-ai

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Power Semiconductor Market, by Material
7. Power Semiconductor Market, by Component
8. Power Semiconductor Market, by Application
9. Power Semiconductor Market, by End-User
10. Americas Power Semiconductor Market
11. Asia-Pacific Power Semiconductor Market
12. Europe, Middle East & Africa Power Semiconductor Market
13. Competitive Landscape
14. Competitive Portfolio

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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.

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