Global Power Electronics Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	172 Pages	TechNavio	November, 2023	INF18379567

Best Price Guarantee
Price	from $2,500
Length	172 Pages
Publisher	TechNavio
Published Date	November, 2023
SKU	INF18379567

Global Power Electronics Market 2024-2028

The power electronics market is forecasted to grow by USD 10.67 bn during 2023-2028, accelerating at a CAGR of 5.92% during the forecast period. The report on the power electronics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of renewable energy, innovations to reduce design time of power electronic systems, and rapid development of electric vehicles.

Technavio's power electronics market is segmented as below:

By Product

Discrete
Module

By Material

Silicon
Silicon carbide
Gallium nitride

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the rise in adoption of smart grids as one of the prime reasons driving the power electronics market growth during the next few years. Also, increased use of artificial intelligence (AI) and machine learning (ML) and new product launches will lead to sizable demand in the market.

The report on the power electronics market covers the following areas:

Power electronics market sizing
Power electronics market forecast
Power electronics market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading power electronics market vendors that include ABB Ltd., Analog Devices Inc., Arete and Cocchi Technology, Danfoss AS, Fuji Electric Co. Ltd., General Electric Co., Grayson Automotive Services Ltd., Infineon Technologies AG, Magna Power Electronics Inc., Mitsubishi Electric Corp., NXP Semiconductors NV, ON Semiconductor Corp., Power Electronics, Renesas Electronics Corp., Schneider Electric SE, Siemens AG, STMicroelectronics International N.V., Texas Instruments Inc., Toshiba Corp., and Vitesco Technologies Group AG. Also, the power electronics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Product
  - Table Executive Summary – Chart on Market Segmentation by Material
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global power electronics market 2018 - 2022
  - Table Historic Market Size – Data Table on global power electronics market 2018 - 2022 ($ million)
- Product Segment Analysis 2018 - 2022
  - Table Historic Market Size – Product Segment 2018 - 2022 ($ million)
- Material Segment Analysis 2018 - 2022
  - Table Historic Market Size – Material Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Product
- Market segments
  - Table Chart on Product - Market share 2023-2028 (%)
  - Table Data Table on Product - Market share 2023-2028 (%)
- Comparison by Product
  - Table Chart on Comparison by Product
  - Table Data Table on Comparison by Product
- Discrete - Market size and forecast 2023-2028
  - Table Chart on Discrete - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Discrete - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Discrete - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Discrete - Year-over-year growth 2023-2028 (%)
- Module - Market size and forecast 2023-2028
  - Table Chart on Module - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Module - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Module - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Module - Year-over-year growth 2023-2028 (%)
- Market opportunity by Product
  - Table Market opportunity by Product ($ million)
  - Table Data Table on Market opportunity by Product ($ million)
Market Segmentation by Material
- Market segments
  - Table Chart on Material - Market share 2023-2028 (%)
  - Table Data Table on Material - Market share 2023-2028 (%)
- Comparison by Material
  - Table Chart on Comparison by Material
  - Table Data Table on Comparison by Material
- Silicon - Market size and forecast 2023-2028
  - Table Chart on Silicon - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Silicon - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Silicon - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Silicon - Year-over-year growth 2023-2028 (%)
- Silicon carbide - Market size and forecast 2023-2028
  - Table Chart on Silicon carbide - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Silicon carbide - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Silicon carbide - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Silicon carbide - Year-over-year growth 2023-2028 (%)
- Gallium nitride - Market size and forecast 2023-2028
  - Table Chart on Gallium nitride - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Gallium nitride - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Gallium nitride - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Gallium nitride - Year-over-year growth 2023-2028 (%)
- Market opportunity by Material
  - Table Market opportunity by Material ($ million)
  - Table Data Table on Market opportunity by Material ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- Japan - Market size and forecast 2023-2028
  - Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Japan - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- South Korea - Market size and forecast 2023-2028
  - Table Chart on South Korea - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South Korea - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South Korea - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Increased adoption of renewable energy
  - Innovations to reduce design time of power electronic systems
  - Rapid development of electric vehicles
- Market challenges
  - Technological limitations of metal-oxide-semiconductor field-effect transistors (MOSFETs)
  - Production challenges for wide bandgap materials
  - Underdeveloped standards for new products in industry
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Rise in adoption of smart grids
  - Increased use of artificial intelligence (AI) and machine learning (ML)
  - New product launches
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Analog Devices Inc.
  - Table Analog Devices Inc. - Overview
  - Table Analog Devices Inc. - Business segments
  - Table Analog Devices Inc. - Key news
  - Table Analog Devices Inc. - Key offerings
  - Table Analog Devices Inc. - Segment focus
- Arete and Cocchi Technology
  - Table Arete and Cocchi Technology - Overview
  - Table Arete and Cocchi Technology - Product / Service
  - Table Arete and Cocchi Technology - Key offerings
- Danfoss AS
  - Table Danfoss AS - Overview
  - Table Danfoss AS - Business segments
  - Table Danfoss AS - Key news
  - Table Danfoss AS - Key offerings
  - Table Danfoss AS - Segment focus
- Fuji Electric Co. Ltd.
  - Table Fuji Electric Co. Ltd. - Overview
  - Table Fuji Electric Co. Ltd. - Business segments
  - Table Fuji Electric Co. Ltd. - Key offerings
  - Table Fuji Electric Co. Ltd. - Segment focus
- General Electric Co.
  - Table General Electric Co. - Overview
  - Table General Electric Co. - Business segments
  - Table General Electric Co. - Key news
  - Table General Electric Co. - Key offerings
  - Table General Electric Co. - Segment focus
- Infineon Technologies AG
  - Table Infineon Technologies AG - Overview
  - Table Infineon Technologies AG - Business segments
  - Table Infineon Technologies AG - Key news
  - Table Infineon Technologies AG - Key offerings
  - Table Infineon Technologies AG - Segment focus
- Mitsubishi Electric Corp.
  - Table Mitsubishi Electric Corp. - Overview
  - Table Mitsubishi Electric Corp. - Business segments
  - Table Mitsubishi Electric Corp. - Key news
  - Table Mitsubishi Electric Corp. - Key offerings
  - Table Mitsubishi Electric Corp. - Segment focus
- NXP Semiconductors NV
  - Table NXP Semiconductors NV - Overview
  - Table NXP Semiconductors NV - Product / Service
  - Table NXP Semiconductors NV - Key news
  - Table NXP Semiconductors NV - Key offerings
- ON Semiconductor Corp.
  - Table ON Semiconductor Corp. - Overview
  - Table ON Semiconductor Corp. - Business segments
  - Table ON Semiconductor Corp. - Key offerings
  - Table ON Semiconductor Corp. - Segment focus
- Renesas Electronics Corp.
  - Table Renesas Electronics Corp. - Overview
  - Table Renesas Electronics Corp. - Business segments
  - Table Renesas Electronics Corp. - Key offerings
  - Table Renesas Electronics Corp. - Segment focus
- Schneider Electric SE
  - Table Schneider Electric SE - Overview
  - Table Schneider Electric SE - Business segments
  - Table Schneider Electric SE - Key news
  - Table Schneider Electric SE - Key offerings
  - Table Schneider Electric SE - Segment focus
- Siemens AG
  - Table Siemens AG - Overview
  - Table Siemens AG - Business segments
  - Table Siemens AG - Key news
  - Table Siemens AG - Key offerings
  - Table Siemens AG - Segment focus
- STMicroelectronics International N.V.
  - Table STMicroelectronics International N.V. - Overview
  - Table STMicroelectronics International N.V. - Business segments
  - Table STMicroelectronics International N.V. - Key news
  - Table STMicroelectronics International N.V. - Key offerings
  - Table STMicroelectronics International N.V. - Segment focus
- Texas Instruments Inc.
  - Table Texas Instruments Inc. - Overview
  - Table Texas Instruments Inc. - Business segments
  - Table Texas Instruments Inc. - Key news
  - Table Texas Instruments Inc. - Key offerings
  - Table Texas Instruments Inc. - Segment focus
- Vitesco Technologies Group AG
  - Table Vitesco Technologies Group AG - Overview
  - Table Vitesco Technologies Group AG - Product / Service
  - Table Vitesco Technologies Group AG - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations