Power Electronics Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$bn)

$ 10.67

overview_2
2024 Year-over-Year Growth

5.28%

overview_3
CAGR (2024-2028)

5.92%

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Report Coverage

Global

Power Electronics Market Segmentation

Market Segmentation & Scope
Product
Discrete Module
Material
Silicon Silicon carbide Gallium nitride

Geography

Europe

UK France Germany

APAC

China India Japan South Korea

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

54%

of the growth will originate

from APAC

Global Market Size 2018 - 2028 (US$ Bn)

Market is segmented by Product into Discrete, Module

The Discrete is expected to be largest growing segment during 2024-2028

Largest Segment - Discrete

US$ 108.01 Bn

Power Electronics Market by Product into Discrete; 2018-2028 (US$ Bn)

Discrete Market Revenue and Forecast 2018-2028 (US$ Bn)

Discrete

  • Discrete Market Size and Forecast 2018 to 2028 (US$ Bn)

Power Electronics Market by Product into Module; 2018-2028 (US$ Bn)

Module Market Revenue and Forecast 2018-2028 (US$ Bn)

Module

  • Module Market Size and Forecast 2018 to 2028 (US$ Bn)

Market is segmented by Material into Silicon, Silicon carbide, Gallium nitride

The Silicon is expected to be largest growing segment during 2024-2028

Largest Segment - Silicon

US$ 64.47 Bn

Power Electronics Market Size by Segmentation, by Material (US$ Bn)

Material 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Silicon 12.15 XX XX XX XX XX XX XX XX XX XX XX
Silicon carbide XX 9.73 XX XX XX XX XX XX XX XX XX XX
Gallium nitride XX XX 5.17 XX XX XX XX XX XX XX XX XX

Power Electronics Market by Material into Silicon; 2018-2028 (US$ Bn)

Silicon Market Revenue and Forecast 2018-2028 (US$ Bn)

Silicon

  • Silicon Market Size and Forecast 2018 to 2028 (US$ Bn)

Power Electronics Market by Material into Silicon carbide; 2018-2028 (US$ Bn)

Silicon carbide Market Revenue and Forecast 2018-2028 (US$ Bn)

Silicon carbide

  • Silicon carbide Market Size and Forecast 2018 to 2028 (US$ Bn)

Power Electronics Market by Material into Gallium nitride; 2018-2028 (US$ Bn)

Gallium nitride Market Revenue and Forecast 2018-2028 (US$ Bn)

Gallium nitride

  • Gallium nitride Market Size and Forecast 2018 to 2028 (US$ Bn)

Market is segmented by Geography into APAC, Europe, North America, South America, Middle East and Africa

The APAC is estimated to contribute 54% to the growth of global market during the forecast period 2024-2028.

Largest Segment - APAC

54%

Regional share of different regions, including APAC, Europe, North America, South America

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
APAC 13.50 XX XX XX XX XX XX XX XX XX XX XX
Europe XX 6.60 XX XX XX XX XX XX XX XX XX XX
North America XX XX 4.50 XX XX XX XX XX XX XX XX XX
South America XX XX XX 1.58 1.64 XX XX XX XX XX XX XX
Middle East and Africa XX XX XX XX XX XX XX XX XX XX XX XX

Power Electronics Market Size by Geography into APAC; 2018-2028 (US$ Bn)

APAC Market Revenue and Forecast 2018-2028 (US$ Bn)

Power Electronics Market Size by Country into China; 2018-2028 (US$ Bn)

China Market Revenue and Forecast 2018-2028 (US$ Bn)

Power Electronics Market Size by Country into Japan; 2018-2028 (US$ Bn)

Japan Market Revenue and Forecast 2018-2028 (US$ Bn)

Power Electronics Market Size by Country into South Korea; 2018-2028 (US$ Bn)

South Korea Market Revenue and Forecast 2018-2028 (US$ Bn)

Power Electronics Market Size by Geography into Europe; 2018-2028 (US$ Bn)

Europe Market Revenue and Forecast 2018-2028 (US$ Bn)

Power Electronics Market Size by Country into Germany; 2018-2028 (US$ Bn)

Germany Market Revenue and Forecast 2018-2028 (US$ Bn)

Power Electronics Market Size by Geography into North America; 2018-2028 (US$ Bn)

North America Market Revenue and Forecast 2018-2028 (US$ Bn)

Power Electronics Market Size by Country into US; 2018-2028 (US$ Bn)

US Market Revenue and Forecast 2018-2028 (US$ Bn)

Power Electronics Market Size by Geography into South America; 2018-2028 (US$ Bn)

South America Market Revenue and Forecast 2018-2028 (US$ Bn)

Power Electronics Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Bn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Bn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
ABB Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Analog Devices Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Arete and Cocchi TechnologyView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Danfoss ASView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Fuji Electric Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
General Electric Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Grayson Automotive Services Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Infineon Technologies AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Magna Power Electronics Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mitsubishi Electric Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
NXP Semiconductors NVView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ON Semiconductor Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Power ElectronicsView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Renesas Electronics Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Schneider Electric SEView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Siemens AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
STMicroelectronics International N.V.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Texas Instruments Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Toshiba Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Vitesco Technologies Group AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Power Electronics Market Scope

  1. By Product
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Product, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Product, 2024 to 2028
      1. Discrete
      2. Module
    4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Product, 2024 to 2028
  2. By Material
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Material, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Material, 2024 to 2028
      1. Silicon
      2. Silicon carbide
      3. Gallium nitride
    4. Y-o-Y Growth Trend Analysis By Material, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Material, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Region, 2024 to 2028
      1. APAC
      2. Europe
      3. North America
      4. South America
      5. Middle East and Africa
  4. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
      2. Japan
      3. South Korea
    4. By Product
    5. By Material
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. Germany
    4. By Product
    5. By Material
  6. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. US
    4. By Product
    5. By Material
  7. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Product
    4. By Material
  8. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Product
    4. By Material

Major Companies

Market companies

Name Profile Employees Headquarters Website
ABB Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Analog Devices Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Arete and Cocchi TechnologyView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Danfoss ASView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Fuji Electric Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
General Electric Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Grayson Automotive Services Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Infineon Technologies AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Magna Power Electronics Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mitsubishi Electric Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
NXP Semiconductors NVView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ON Semiconductor Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Power ElectronicsView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Renesas Electronics Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Schneider Electric SEView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Siemens AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
STMicroelectronics International N.V.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Texas Instruments Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Toshiba Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Vitesco Technologies Group AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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