Global Power Semiconductor Market Growth 2025-2031
The global Power Semiconductor market size is predicted to grow from US$ 49930 million in 2025 to US$ 68840 million in 2031; it is expected to grow at a CAGR of 5.5% from 2025 to 2031.
Power semiconductor is the core of electrical energy conversion and circuit control in electronic devices. In essence, it is the function of power switch and power conversion by utilizing the one-way conductivity of semiconductor.
In 2018, the top 12 power semiconductor manufacturers in the world accounted for 56.35% of the market share. Infineon is the world"s largest power semiconductor vendor, accounting for 11.27% of the market, with revenue of about $4.4 billion in 2018.
LP Information, Inc. (LPI) ' newest research report, the “Power Semiconductor Industry Forecast” looks at past sales and reviews total world Power Semiconductor sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Semiconductor sales for 2025 through 2031. With Power Semiconductor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Semiconductor industry.
This Insight Report provides a comprehensive analysis of the global Power Semiconductor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power Semiconductor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Semiconductor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Semiconductor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Semiconductor.
This report presents a comprehensive overview, market shares, and growth opportunities of Power Semiconductor market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Power Semiconductor Device
Power Module
Power Integrated Circuits
Segmentation by Application:
Industrial
Automobile
Communication
Consumer Electronics
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 analysing the company's coverage, product portfolio, its market penetration.
Infineon
Texas Instruments
ON Semiconductor
STMicroelectronics
Mitsubishi Electric Corporation
Toshiba
Vishay Intertechnology
Fuji Electric
Nexperia
Littelfuse
Renesas Electronics
Semekron
Key Questions Addressed in this Report
What is the 10-year outlook for the global Power Semiconductor market?
What factors are driving Power Semiconductor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Power Semiconductor market opportunities vary by end market size?
How does Power Semiconductor break out by Type, by Application?