United States Power Electronics Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine

United States Power Electronics Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine


The United States power electronics market is expected to grow at a CAGR of around 4.7% during 2024-2033. This report on United States power electronics market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the United States power electronics market by segmenting the market based on device type, material, voltage, application, end use and region. Also, detailed profiles of companies operating in the power electronics market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Rising Demand for High-energy
• Green Energy Power Generation Drives

Market Challenges

• Rising Demand for Integrated Circuits

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Device Type

• Power Discrete
• Power Module
• Power IC

Market by Material

• Silicon
• Silicon Carbide
• Gallium Nitride
• Sapphire
• Other Materials

Market by Voltage

• Low Voltage
• Medium Voltage
• High Voltage

Market by Application

• Power Management
• UPS
• Renewable
• Other Applications

Market by End Use

• Telecommunication
• Industrial
• Automotive
• Consumer Electronics
• Military and Defense
• Energy and Power
• Other End Uses

Market by Region

• Northeast
• Midwest
• South
• West


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. United States Power Electronics Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. United States Power Electronics Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. United States Power Electronics Market by Device Type
5.1. Introduction
5.2. Power Discrete
5.3. Power Module
5.4. Power IC
6. United States Power Electronics Market by Material
6.1. Introduction
6.2. Silicon
6.3. Silicon Carbide
6.4. Gallium Nitride
6.5. Sapphire
6.6. Other Materials
7. United States Power Electronics Market by Voltage
7.1. Introduction
7.2. Low Voltage
7.3. Medium Voltage
7.4. High Voltage
8. United States Power Electronics Market by Application
8.1. Introduction
8.2. Power Management
8.3. UPS
8.4. Renewable
8.5. Other Applications
9. United States Power Electronics Market by End Use
9.1. Introduction
9.2. Telecommunication
9.3. Industrial
9.4. Automotive
9.5. Consumer Electronics
9.6. Military and Defense
9.7. Energy and Power
9.8. Other End Uses
10. United States Power Electronics Market by Region
10.1. Introduction
10.2. Northeast
10.3. Midwest
10.4. South
10.5. West
11. SWOT Analysis
12. Porter’s Five Forces
13. Market Value Chain Analysis
14. Competitive Landscape
14.1. Competitive Scenario
14.2. Company Profiles
14.2.1. ABB Ltd.
14.2.2. Infineon Technologies AG
14.2.3. Mitsubishi Electric Corporation
14.2.4. Renesas Electronics Corporation
14.2.5. Rockwell Automation, Inc.
14.2.6. STMicroelectronics NV
14.2.7. Texas Instruments Inc.
14.2.8. Toshiba Corporation
List of Figures
Figure 1: United States Power Electronics Market (in US$ Million), 2019-2023
Figure 2: United States Power Electronics Market by Device Type, 2023
Figure 3: United States Power Electronics Market by Material, 2023
Figure 4: United States Power Electronics Market by Voltage, 2023
Figure 5: United States Power Electronics Market by Application, 2023
Figure 6: United States Power Electronics Market by End Use, 2023
Figure 7: United States Power Electronics Market by Region, 2023
Figure 8: United States Power Electronics Market (in US$ Million), 2024-2033
Figure 9: United States Power Electronics Market by Device Type (in %), 2023 & 2033
Figure 10: United States Discrete Power Electronics Market (in US$ Million), 2019-2023
Figure 11: United States Discrete Power Electronics Market (in US$ Million), 2024-2033
Figure 12: United States Module Power Electronics Market (in US$ Million), 2019-2023
Figure 13: United States Module Power Electronics Market (in US$ Million), 2024-2033
Figure 14: United States Power IC Power Electronics Market (in US$ Million), 2019-2023
Figure 15: United States Power IC Power Electronics Market (in US$ Million), 2024-2033
Figure 16: United States Power Electronics Market by Material (in %), 2023 & 2033
Figure 17: United States Silicon Power Electronics Market (in US$ Million), 2019-2023
Figure 18: United States Silicon Power Electronics Market (in US$ Million), 2024-2033
Figure 19: United States Silicon Carbide Power Electronics Market (in US$ Million), 2019-2023
Figure 20: United States Silicon Carbide Power Electronics Market (in US$ Million), 2024-2033
Figure 21: United States Gallium Nitride Power Electronics Market (in US$ Million), 2019-2023
Figure 22: United States Gallium Nitride Power Electronics Market (in US$ Million), 2024-2033
Figure 23: United States Sapphire Power Electronics Market (in US$ Million), 2019-2023
Figure 24: United States Sapphire Power Electronics Market (in US$ Million), 2024-2033
Figure 25: United States Other Materials Power Electronics Market (in US$ Million), 2019-2023
Figure 26: United States Other Materials Power Electronics Market (in US$ Million), 2024-2033
Figure 27: United States Power Electronics Market by Voltage (in %), 2023 & 2033
Figure 28: United States Low Voltage Power Electronics Market (in US$ Million), 2019-2023
Figure 29: United States Low Voltage Power Electronics Market (in US$ Million), 2024-2033
Figure 30: United States Medium Voltage Power Electronics Market (in US$ Million), 2019-2023
Figure 31: United States Medium Voltage Power Electronics Market (in US$ Million), 2024-2033
Figure 32: United States High Voltage Power Electronics Market (in US$ Million), 2019-2023
Figure 33: United States High Voltage Power Electronics Market (in US$ Million), 2024-2033
Figure 34: United States Power Electronics Market by Application (in %), 2023 & 2033
Figure 35: United States Power Management Power Electronics Market (in US$ Million), 2019-2023
Figure 36: United States Power Management Power Electronics Market (in US$ Million), 2024-2033
Figure 37: United States UPS Power Electronics Market (in US$ Million), 2019-2023
Figure 38: United States UPS Power Electronics Market (in US$ Million), 2024-2033
Figure 39: United States Renewable Power Electronics Market (in US$ Million), 2019-2023
Figure 40: United States Renewable Power Electronics Market (in US$ Million), 2024-2033
Figure 41: United States Other Applications Power Electronics Market (in US$ Million), 2019-2023
Figure 42: United States Other Applications Power Electronics Market (in US$ Million), 2024-2033
Figure 43: United States Power Electronics Market by End Use (in %), 2023 & 2033
Figure 44: United States Telecommunication Power Electronics Market (in US$ Million), 2019-2023
Figure 45: United States Telecommunication Power Electronics Market (in US$ Million), 2024-2033
Figure 46: United States Industrial Power Electronics Market (in US$ Million), 2019-2023
Figure 47: United States Industrial Power Electronics Market (in US$ Million), 2024-2033
Figure 48: United States Automotive Power Electronics Market (in US$ Million), 2019-2023
Figure 49: United States Automotive Power Electronics Market (in US$ Million), 2024-2033
Figure 50: United States Consumer Electronics Power Electronics Market (in US$ Million), 2019-2023
Figure 51: United States Consumer Electronics Power Electronics Market (in US$ Million), 2024-2033
Figure 52: United States Military and Defense Power Electronics Market (in US$ Million), 2019-2023
Figure 53: United States Military and Defense Power Electronics Market (in US$ Million), 2024-2033
Figure 54: United States Energy and Power Electronics Market (in US$ Million), 2019-2023
Figure 55: United States Energy and Power Electronics Market (in US$ Million), 2024-2033
Figure 56: United States Other End Uses Power Electronics Market (in US$ Million), 2019-2023
Figure 57: United States Other End Uses Power Electronics Market (in US$ Million), 2024-2033
Figure 58: United States Power Electronics Market by Region (in %), 2023 & 2033
Figure 59: Northeast Power Electronics Market (in US$ Million), 2019-2023
Figure 60: Northeast Power Electronics Market (in US$ Million), 2024-2033
Figure 61: Midwest Power Electronics Market (in US$ Million), 2019-2023
Figure 62: Midwest Power Electronics Market (in US$ Million), 2024-2033
Figure 63: South Power Electronics Market (in US$ Million), 2019-2023
Figure 64: South Power Electronics Market (in US$ Million), 2024-2033
Figure 65: West Power Electronics Market (in US$ Million), 2019-2023
Figure 66: West Power Electronics Market (in US$ Million), 2024-2033
Figure 67: Market Value Chain
List of Tables
Table 1: United States Power Electronics Market Portraiture
Table 2: United States Power Electronics Market by Device Type (in US$ Million), 2023 & 2033
Table 3: United States Power Electronics Market by Material (in US$ Million), 2023 & 2033
Table 4: United States Power Electronics Market by Voltage (in US$ Million), 2023 & 2033
Table 5: United States Power Electronics Market by Application (in US$ Million), 2023 & 2033
Table 6: United States Power Electronics Market by End Use (in US$ Million), 2023 & 2033
Table 7: United States Power Electronics Market by Region (in US$ Million), 2023 & 2033
Table 8: List of Key Players

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