Press release
United States Power Semiconductor Market Intelligence: SiC & GaN Adoption, Industry Shifts to 2032
Power Semiconductor Market Size 2025
DataM Intelligence unveils its latest report on the "Power Semiconductor Market Size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.
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United States: Recent Industry Developments
✅ December 2025: U.S. chipmakers expanded fabrication capacity for next-gen wide-bandgap power semiconductors to support EVs, renewable energy, and industrial electrification.
✅ November 2025: Major partnerships formed between semiconductor firms and auto OEMs to co-develop silicon carbide (SiC) and gallium nitride (GaN) devices for EV inverters and fast chargers.
✅ October 2025: Federal initiatives accelerated investments in domestic power semiconductor manufacturing to reduce reliance on overseas supply chains.
Japan: Recent Industry Developments
✅ December 2025: Japanese manufacturers unveiled advanced SiC power modules optimized for high-efficiency automotive and industrial applications.
✅ November 2025: Collaborative R&D between electronics giants and research institutes focused on reducing power losses in next-generation GaN devices.
✅ October 2025: OEMs increased adoption of advanced power semiconductors in hybrid and plug-in vehicles to improve energy efficiency and thermal management.
List of Top Key Player:
Infineon Technologies AG, STMicroelectronics, NXP Semiconductors, Renesas Electronics Corporation, Robert Bosch GmbH, Mitsubishi Electric Corporation, Semiconductor Components Industries, LLC, LittelFuse, Texas Instruments, Analog Devices, Qualcomm, Semikron Elektronik GmbH & Co. KG, Toshiba Corporation and Fuji Electric Co., Ltd.
Forecast Projection:
The Global Power Semiconductor Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.
Latest M&A
1. Allison Transmission Holdings agreed to acquire Dana Incorporated's Off-Highway business for $2.7 billion in mid-2025, expanding propulsion solutions for construction and agriculture sectors.
2. Quantum Computing Inc. signed an agreement to acquire Luminar Semiconductor for $110 million in December 2025, gaining photonic technologies for quantum and power applications.
3. ABM agreed to acquire WGNSTAR for $275 million in December 2025 to advance semiconductor manufacturing services, including power semiconductor facilities
Market Intelligence Research Process:
The Power Semiconductor Market research report by DataM Intelligence combines primary and secondary data to deliver deep, actionable insights. It examines the full spectrum of factors shaping the industry, from government regulations and market conditions to competitive dynamics, historical trends, technological breakthroughs, upcoming innovations, and potential challenges. This comprehensive analysis not only highlights growth prospects but also identifies barriers, equipping businesses to navigate market volatility and capitalize on emerging opportunities.
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Key Segmentation:
By Component: Discrete, Module, Power Integrated Circuit
By Material: Silicon, Silicon Carbide, Gallium Nitride, IGBT, MOSFET
By Application: Automotive, Consumer Electronics, Military & Aerospace, Industrial
Global Growth Regional Analysis:
1. North America - 26%
Driven by EV adoption, renewable energy integration, and strong investments in power electronics for data centers.
2. Europe - 22%
Supported by strict energy-efficiency regulations, EV manufacturing growth, and expanding industrial automation.
3. Asia-Pacific - 44%
Dominates the market due to large-scale semiconductor manufacturing, consumer electronics demand, and rapid EV and industrial growth.
4. Middle East & Africa - 4%
Growth is fueled by power infrastructure upgrades, renewable projects, and smart grid development.
5. South America - 4%
Steady adoption supported by renewable energy expansion and modernization of industrial power systems.
Benefits of the Report:
Chapter 1 - Market Overview: Kickstarts the report with a comprehensive snapshot of the Power Semiconductor Market, summarizing key segments by region, product type, and application. Highlights include market size, segment growth potential, and short- & long-term industry outlook.
Chapter 2 - Emerging Trends: Uncovers the game-changing trends and high-impact innovations shaping the future of the industry.
Chapter 3 - Competitive Landscape: Offers a deep dive into market competition, detailing revenue shares, strategic initiatives, and recent mergers & acquisitions.
Chapter 4 - Top Player Profiles: Features detailed company profiles, covering revenue, profit margins, product lines, and major milestones for leading market players.
Chapters 5 & 6 - Regional & Country Analysis: Breaks down revenue performance across global regions, providing insights on market sizes, opportunities, and growth prospects worldwide.
Chapter 7 - Segmentation Analysis: Explores market segmentation by type, revealing high-potential categories and guiding businesses towards lucrative areas.
Chapter 8 - Application Insights: Examines downstream markets and identifies promising sectors for expansion, showing how different applications are driving growth.
Chapter 9 - Supply Chain Mapping: Maps the entire industry supply chain, highlighting upstream and downstream activities for a holistic market perspective.
Chapter 10 - Key Takeaways: Concludes with critical insights and actionable strategies, equipping stakeholders to make informed decisions and stay ahead in the market.
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FAQ's
Q1: What is the current size of the Power Semiconductor Market and its future potential?
A: The Power Semiconductor Market was valued at US$ 56,155 million in 2022 and is projected to surge to US$ 171,709 million by 2031
Q2: How fast is the Power Semiconductor Market expected to grow in the coming years?
A: The market is forecast to expand at a robust CAGR of 15.0% between 2024-2031, signaling strong global growth and investment potential.
Q3: Which regions are dominating the Power Semiconductor Market and which are fastest-growing?
A: North America region is expected to hold the largest market share over the forecast period.
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Recent Product Launches
✦ Mitsubishi Electric launched two new XB Series HVIGBT modules (3.3kV, 1500A) in April 2025 for railway and industrial equipment.
✦ Mitsubishi Electric introduced Compact DIPIPM series (PSS30SF1F6, PSS50SF1F6) in September 2025 for air conditioners and heat pumps.
✦ iDEAL Semiconductor began production of SuperQ power devices at Polar Semiconductor in September 2025, offering 2.7x lower resistance for EVs and data centers.
✦ Empower Semiconductor showcased its Crescendo AI vertical power delivery platform at APEC 2025, shrinking AI power supplies by 5x.
Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.
✅ Competitive Landscape
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✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
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✅ Live Market & Pricing Trends
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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