Global Power Semiconductor in Automotive Market Growth 2023-2029

Global Power Semiconductor in Automotive Market Growth 2023-2029

According to our LPI (LP Information) latest study, the global Power Semiconductor in Automotive market size was valued at US$ 4951.9 million in 2022. With growing demand in downstream market, the Power Semiconductor in Automotive is forecast to a readjusted size of US$ 18370 million by 2029 with a CAGR of 20.6% during review period.

The research report highlights the growth potential of the global Power Semiconductor in Automotive market. Power Semiconductor in Automotive are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Power Semiconductor in Automotive. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Power Semiconductor in Automotive market.

This report studies the Automotive-grade semiconductor power device, used in EV Main Inverter (Electric Traction), OBC and DC/DC, etc.

The global key players of IGBT Power Module include Infineon, Mitsubishi Electric (Vincotech), Fuji Electric, Semikron Danfoss, StarPower Semiconductor, BYD, and Zhuzhou CRRC Times Electric, etc. The global six biggest players hold a share of 77 %.

The key players of SiC MOSFET modules are STMicroelectronics, Infineon, Wolfspeed, Rohm, Onsemi, BYD Semiconductor, Microchip (Microsemi), Mitsubishi Electric (Vincotech) and Semikron Danfoss, etc. The top three players hold a share over 70 percent in 2022.

Key Features:

The report on Power Semiconductor in Automotive market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Power Semiconductor in Automotive market. It may include historical data, market segmentation by Type (e.g., Automotive Grade SiC Module, Automotive Grade IGBT Module), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Power Semiconductor in Automotive market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Power Semiconductor in Automotive market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Power Semiconductor in Automotive industry. This include advancements in Power Semiconductor in Automotive technology, Power Semiconductor in Automotive new entrants, Power Semiconductor in Automotive new investment, and other innovations that are shaping the future of Power Semiconductor in Automotive.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Power Semiconductor in Automotive market. It includes factors influencing customer ' purchasing decisions, preferences for Power Semiconductor in Automotive product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Power Semiconductor in Automotive market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Power Semiconductor in Automotive market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Power Semiconductor in Automotive market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Power Semiconductor in Automotive industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Power Semiconductor in Automotive market.

Market Segmentation:

Power Semiconductor in Automotive market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Automotive Grade SiC Module
Automotive Grade IGBT Module
Automotive Grade IGBT Discrete
Si & SiC MOSFET Discrete
Automotive Grade Diode
Others

Segmentation by application
Main Inverter (Electric Traction)
OBC
DC/DC Converter for EV/HEV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
STMicroelectronics
Infineon
Wolfspeed
Rohm
onsemi
Microchip (Microsemi)
Mitsubishi Electric (Vincotech)
Semikron Danfoss
Fuji Electric
Toshiba
Bosch
Littelfuse (IXYS)
Nexperia
Denso
Texas Instruments
MinebeaMitsumi (Hitachi Power Semiconductor)
KEC Corporation
BYD Semiconductor
StarPower Semiconductor
Zhuzhou CRRC Times Electric
BASiC Semiconductor
CETC 55
Guangdong AccoPower Semiconductor
Grecon Semiconductor (Shanghai) Co., Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Semiconductor in Automotive market?

What factors are driving Power Semiconductor in Automotive market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Power Semiconductor in Automotive market opportunities vary by end market size?

How does Power Semiconductor in Automotive break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.