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 4.1% during 2025-2034. 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: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
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), 2020-2024
- Figure 2: United States Power Electronics Market by Device Type, 2024
- Figure 3: United States Power Electronics Market by Material, 2024
- Figure 4: United States Power Electronics Market by Voltage, 2024
- Figure 5: United States Power Electronics Market by Application, 2024
- Figure 6: United States Power Electronics Market by End Use, 2024
- Figure 7: United States Power Electronics Market by Region, 2024
- Figure 8: United States Power Electronics Market (in US$ Million), 2025-2034
- Figure 9: United States Power Electronics Market by Device Type (in %), 2024 & 2034
- Figure 10: United States Discrete Power Electronics Market (in US$ Million), 2020-2024
- Figure 11: United States Discrete Power Electronics Market (in US$ Million), 2025-2034
- Figure 12: United States Module Power Electronics Market (in US$ Million), 2020-2024
- Figure 13: United States Module Power Electronics Market (in US$ Million), 2025-2034
- Figure 14: United States Power IC Power Electronics Market (in US$ Million), 2020-2024
- Figure 15: United States Power IC Power Electronics Market (in US$ Million), 2025-2034
- Figure 16: United States Power Electronics Market by Material (in %), 2024 & 2034
- Figure 17: United States Silicon Power Electronics Market (in US$ Million), 2020-2024
- Figure 18: United States Silicon Power Electronics Market (in US$ Million), 2025-2034
- Figure 19: United States Silicon Carbide Power Electronics Market (in US$ Million), 2020-2024
- Figure 20: United States Silicon Carbide Power Electronics Market (in US$ Million), 2025-2034
- Figure 21: United States Gallium Nitride Power Electronics Market (in US$ Million), 2020-2024
- Figure 22: United States Gallium Nitride Power Electronics Market (in US$ Million), 2025-2034
- Figure 23: United States Sapphire Power Electronics Market (in US$ Million), 2020-2024
- Figure 24: United States Sapphire Power Electronics Market (in US$ Million), 2025-2034
- Figure 25: United States Other Materials Power Electronics Market (in US$ Million), 2020-2024
- Figure 26: United States Other Materials Power Electronics Market (in US$ Million), 2025-2034
- Figure 27: United States Power Electronics Market by Voltage (in %), 2024 & 2034
- Figure 28: United States Low Voltage Power Electronics Market (in US$ Million), 2020-2024
- Figure 29: United States Low Voltage Power Electronics Market (in US$ Million), 2025-2034
- Figure 30: United States Medium Voltage Power Electronics Market (in US$ Million), 2020-2024
- Figure 31: United States Medium Voltage Power Electronics Market (in US$ Million), 2025-2034
- Figure 32: United States High Voltage Power Electronics Market (in US$ Million), 2020-2024
- Figure 33: United States High Voltage Power Electronics Market (in US$ Million), 2025-2034
- Figure 34: United States Power Electronics Market by Application (in %), 2024 & 2034
- Figure 35: United States Power Management Power Electronics Market (in US$ Million), 2020-2024
- Figure 36: United States Power Management Power Electronics Market (in US$ Million), 2025-2034
- Figure 37: United States UPS Power Electronics Market (in US$ Million), 2020-2024
- Figure 38: United States UPS Power Electronics Market (in US$ Million), 2025-2034
- Figure 39: United States Renewable Power Electronics Market (in US$ Million), 2020-2024
- Figure 40: United States Renewable Power Electronics Market (in US$ Million), 2025-2034
- Figure 41: United States Other Applications Power Electronics Market (in US$ Million), 2020-2024
- Figure 42: United States Other Applications Power Electronics Market (in US$ Million), 2025-2034
- Figure 43: United States Power Electronics Market by End Use (in %), 2024 & 2034
- Figure 44: United States Telecommunication Power Electronics Market (in US$ Million), 2020-2024
- Figure 45: United States Telecommunication Power Electronics Market (in US$ Million), 2025-2034
- Figure 46: United States Industrial Power Electronics Market (in US$ Million), 2020-2024
- Figure 47: United States Industrial Power Electronics Market (in US$ Million), 2025-2034
- Figure 48: United States Automotive Power Electronics Market (in US$ Million), 2020-2024
- Figure 49: United States Automotive Power Electronics Market (in US$ Million), 2025-2034
- Figure 50: United States Consumer Electronics Power Electronics Market (in US$ Million), 2020-2024
- Figure 51: United States Consumer Electronics Power Electronics Market (in US$ Million), 2025-2034
- Figure 52: United States Military and Defense Power Electronics Market (in US$ Million), 2020-2024
- Figure 53: United States Military and Defense Power Electronics Market (in US$ Million), 2025-2034
- Figure 54: United States Energy and Power Electronics Market (in US$ Million), 2020-2024
- Figure 55: United States Energy and Power Electronics Market (in US$ Million), 2025-2034
- Figure 56: United States Other End Uses Power Electronics Market (in US$ Million), 2020-2024
- Figure 57: United States Other End Uses Power Electronics Market (in US$ Million), 2025-2034
- Figure 58: United States Power Electronics Market by Region (in %), 2024 & 2034
- Figure 59: Northeast Power Electronics Market (in US$ Million), 2020-2024
- Figure 60: Northeast Power Electronics Market (in US$ Million), 2025-2034
- Figure 61: Midwest Power Electronics Market (in US$ Million), 2020-2024
- Figure 62: Midwest Power Electronics Market (in US$ Million), 2025-2034
- Figure 63: South Power Electronics Market (in US$ Million), 2020-2024
- Figure 64: South Power Electronics Market (in US$ Million), 2025-2034
- Figure 65: West Power Electronics Market (in US$ Million), 2020-2024
- Figure 66: West Power Electronics Market (in US$ Million), 2025-2034
- 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), 2024 & 2034
- Table 3: United States Power Electronics Market by Material (in US$ Million), 2024 & 2034
- Table 4: United States Power Electronics Market by Voltage (in US$ Million), 2024 & 2034
- Table 5: United States Power Electronics Market by Application (in US$ Million), 2024 & 2034
- Table 6: United States Power Electronics Market by End Use (in US$ Million), 2024 & 2034
- Table 7: United States Power Electronics Market by Region (in US$ Million), 2024 & 2034
- Table 8: List of Key Players
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook