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Global Power Electronics Market, By Device Type (Power Discrete, Power Module and Power IC), By Material (Silicon, Silicon Carbide, Gallium Nitride and Others), By Voltage (Low Voltage, Medium Voltage, High Voltage), By Application (ICT, Consumer Electronics, Industrial, Automotive, Aerospace & Defense, and Others), By Region, Competition, Forecast & Opportunities, 2017-2027F

Global Power Electronics Market, By Device Type (Power Discrete, Power Module and Power IC), By Material (Silicon, Silicon Carbide, Gallium Nitride and Others), By Voltage (Low Voltage, Medium Voltage, High Voltage), By Application (ICT, Consumer Electronics, Industrial, Automotive, Aerospace & Defense, and Others), By Region, Competition, Forecast & Opportunities, 2017-2027F

Global power electronics market was valued at USD40.52 billion in 2021, that may grow during the forecast period, at 5.61% CAGR to achieve the market value of USD55.91 billion by 2027. Higher consumption of energy and power demands for the heavy electronics drive the growth of the global power electronics market in the upcoming five years. Growing awareness regarding green energy and renewable sources of energy also facilitate the growth of the global power electronics market in the next five years. Increasing dependency over various sources of energy due to higher consumption of energy and power play important role in market growth. Introduction of smart grids that help with the reliable and efficient electrical energy supply, along with the integration of other renewable energy sources into the existing energy network further supports the growth of the global power electronics market in the next five years. Also, growing demands for the electronic vehicles and the benefits of the electronic automotives toward environment stability further aids the growth of the global power electronics market in the future five years. Threat to the environment due to use of coal and petroleum products to fuel the energy consumption has drawn governments focus on alternatives thereby substantiating the growth of the global power electronics market in the forecast years through 2027.
Although higher costs of these power electronics in various developing countries may act as restraining factor toward the market growth. Although, government investment and favorable schemes coupled with the promotional activities and aggressive advertisement of the technological advancement in the power electronics may overcome the market restraint and thereby facilitate the growth of the global power electronics market in the forecast period.
The global power electronics market is segmented by device type, material, voltage, application, regional distribution, and competitive analysis. Based on device type, the market is further segmented into power discrete, power module and power IC. By material, the market is fragmented into silicon, silicon carbide, gallium nitride and others. Based on application, the market is bifurcated into ICT, consumer electronics, industrial, automotive, aerospace & defense, and others. The market is also analyzed among various regions as North America region, South America region, Europe region, Asia Pacific region, and Middle East & Africa region.
In terms of application-based segmentation, automotive segment is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years due to increasing demands for the electric and hybrid vehicles all around the world. Increasing sales and thus the advancement in the hybrid cars substantiate the segmental growth.

Mitsubishi Electric Corporation, Fuji Electric Co., Ltd., Toshiba Corporation, Infineon Technologies AG, ON Semiconductor Corporation, STMicroelectronics International N.V., Texas Instruments Incorporated., Renesas Electronics Corporation, Vishay Intertechnology, Inc., NXP Semiconductors N.V. are among the major market players that lead the market growth of the global power electronics market.

Years considered for this report:
Historical Years: 2017- 2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F– 2027F

Objective of the Study:
•To analyze the market size of global power electronics market from 2017 to 2021.
•To estimate and forecast the market size of global power electronics market from 2022E to 2027F and growth rate until 2027.F
•To classify and forecast global power electronics market based on device type, material, voltage, application, regional distribution, and competitive analysis.
•To identify dominant region or segment in the global power electronics market.
•To identify drivers and challenges for global power electronics market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global power electronics market.
•To identify and analyze the profile of leading players operating in global power electronics market.
•To identify key sustainable strategies adopted by market players in global power electronics market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers & service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global power electronics market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
•Manufacturers, suppliers, distributors and other stakeholders
•Government bodies such as regulating authorities and policy makers
•Organizations, forums and alliances related to power electronics
•Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:
In this report, global power electronics market has been segmented into the following categories in addition to the industry trends which have also been listed below:
•Power Electronics Market, By Device Type:
oPower Discrete
oPower Module
oPower IC
•Power Electronics Market, By Material:
oSilicon
oSilicon Carbide
oGallium Nitride
oOthers
•Power Electronics Market, By Voltage:
oLow Voltage
oMedium Voltage
oHigh Voltage
•Power Electronics Market, By Application:
oICT
oConsumer Electronics
oIndustrial
oAutomotive
oAerospace & Defense
oOthers

•Power Electronics Market, By Region:
oAsia-Pacific
China
Japan
India
South Korea
oEurope
Germany
United Kingdom
France
Italy
Spain
Netherlands
oNorth America
United States
Mexico
Canada
oSouth America
Brazil
Colombia
Argentina
oMiddle East and Africa
United Arab Emirates
Saudi Arabia
South Africa
Competitive Landscape

Company Profiles:
Detailed analysis of the major companies present in global power electronics market.

Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information
•Detailed analysis and profiling of additional market players (up to five).
Table of Contents

1.Product Overview
2.Research Methodology
3.Executive Summary
4.Impact of COVID-19 on Global Power Electronics Market
5.Voice of Customer
5.1.Brand Awareness
5.2.Key Factors for Selecting Power Electronics Vendor
5.3.Key Satisfaction Level
5.4.Key Challenges Faced
6.Global Power Electronics Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value
6.2.Market Share & Forecast
6.2.1.By Device Type (Power Discrete, Power Module and Power IC)
6.2.2.By Material (Silicon, Silicon Carbide, Gallium Nitride and Others)
6.2.3.By Voltage (Low Voltage, Medium Voltage, High Voltage)
6.2.4.By Application (ICT, Consumer Electronics, Industrial, Automotive, Aerospace & Defense, and Others)
6.2.5.By Region
6.2.6.By Company (2021)
6.3.Market Map (By Device Type, By Material, By Voltage, By Application, By Region)
7.Asia-Pacific Power Electronics Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value
7.2.Market Share & Forecast
7.2.1.By Device Type
7.2.2.By Material
7.2.3.By Voltage
7.2.4.By Application
7.2.5.By Country
7.3.Asia-Pacific: Country Analysis
7.3.1.China Power Electronics Market Outlook
7.3.1.1.Market Size & Forecast
7.3.1.1.1.By Value
7.3.1.2.Market Share & Forecast
7.3.1.2.1.By Device Type
7.3.1.2.2.By Material
7.3.1.2.3.By Voltage
7.3.1.2.4.By Application
7.3.2.Japan Power Electronics Market Outlook
7.3.2.1.Market Size & Forecast
7.3.2.1.1.By Value
7.3.2.2.Market Share & Forecast
7.3.2.2.1.By Device Type
7.3.2.2.2.By Material
7.3.2.2.3.By Voltage
7.3.2.2.4.By Application
7.3.3.India Power Electronics Market Outlook
7.3.3.1.Market Size & Forecast
7.3.3.1.1.By Value
7.3.3.2.Market Share & Forecast
7.3.3.2.1.By Device Type
7.3.3.2.2.By Material
7.3.3.2.3.By Voltage
7.3.3.2.4.By Application
7.3.4.South Korea Power Electronics Market Outlook
7.3.4.1.Market Size & Forecast
7.3.4.1.1.By Value
7.3.4.2.Market Share & Forecast
7.3.4.2.1.By Device Type
7.3.4.2.2.By Material
7.3.4.2.3.By Voltage
7.3.4.2.4.By Application
8.Europe Power Electronics Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value
8.2.Market Share & Forecast
8.2.1.By Device Type
8.2.2.By Material
8.2.3.By Voltage
8.2.4.By Application
8.2.5.By Country
8.3.Europe: Country Analysis
8.3.1.Germany Power Electronics Market Outlook
8.3.1.1.Market Size & Forecast
8.3.1.1.1.By Value
8.3.1.2.Market Share & Forecast
8.3.1.2.1.By Device Type
8.3.1.2.2.By Material
8.3.1.2.3.By Voltage
8.3.1.2.4.By Application
8.3.2.United Kingdom Power Electronics Market Outlook
8.3.2.1.Market Size & Forecast
8.3.2.1.1.By Value
8.3.2.2.Market Share & Forecast
8.3.2.2.1.By Device Type
8.3.2.2.2.By Material
8.3.2.2.3.By Voltage
8.3.2.2.4.By Application
8.3.3.France Power Electronics Market Outlook
8.3.3.1.Market Size & Forecast
8.3.3.1.1.By Value
8.3.3.2.Market Share & Forecast
8.3.3.2.1.By Device Type
8.3.3.2.2.By Material
8.3.3.2.3.By Voltage
8.3.3.2.4.By Application
8.3.4.Italy Power Electronics Market Outlook
8.3.4.1.Market Size & Forecast
8.3.4.1.1.By Value
8.3.4.2.Market Share & Forecast
8.3.4.2.1.By Device Type
8.3.4.2.2.By Material
8.3.4.2.3.By Voltage
8.3.4.2.4.By Application
8.3.5.Spain Power Electronics Market Outlook
8.3.5.1.Market Size & Forecast
8.3.5.1.1.By Value
8.3.5.2.Market Share & Forecast
8.3.5.2.1.By Device Type
8.3.5.2.2.By Material
8.3.5.2.3.By Voltage
8.3.5.2.4.By Application
8.3.6.Netherlands Power Electronics Market Outlook
8.3.6.1.Market Size & Forecast
8.3.6.1.1.By Value
8.3.6.2.Market Share & Forecast
8.3.6.2.1.By Device Type
8.3.6.2.2.By Material
8.3.6.2.3.By Voltage
8.3.6.2.4.By Application
9.North America Power Electronics Market Outlook
9.1.Market Size & Forecast
9.1.1.By Value
9.2.Market Share & Forecast
9.2.1.By Device Type
9.2.2.By Material
9.2.3.By Voltage
9.2.4.By Application
9.2.5.By Country
9.3.North America: Country Analysis
9.3.1.United States Power Electronics Market Outlook
9.3.1.1.Market Size & Forecast
9.3.1.1.1.By Value
9.3.1.2.Market Share & Forecast
9.3.1.2.1.By Device Type
9.3.1.2.2.By Material
9.3.1.2.3.By Voltage
9.3.1.2.4.By Application
9.3.2.Canada Power Electronics Market Outlook
9.3.2.1.Market Size & Forecast
9.3.2.1.1.By Value
9.3.2.2.Market Share & Forecast
9.3.2.2.1.By Device Type
9.3.2.2.2.By Material
9.3.2.2.3.By Voltage
9.3.2.2.4.By Application
9.3.3.Mexico Power Electronics Market Outlook
9.3.3.1.Market Size & Forecast
9.3.3.1.1.By Value
9.3.3.2.Market Share & Forecast
9.3.3.2.1.By Device Type
9.3.3.2.2.By Material
9.3.3.2.3.By Voltage
9.3.3.2.4.By Application
10.South America Power Electronics Market Outlook
10.1.Market Size & Forecast
10.1.1.By Value
10.2.Market Share & Forecast
10.2.1.By Device Type
10.2.2.By Material
10.2.3.By Voltage
10.2.4.By Application
10.2.5.By Country
10.3.South America: Country Analysis
10.3.1.Brazil Power Electronics Market Outlook
10.3.1.1.Market Size & Forecast
10.3.1.1.1.By Value
10.3.1.2.Market Share & Forecast
10.3.1.2.1.By Device Type
10.3.1.2.2.By Material
10.3.1.2.3.By Voltage
10.3.1.2.4.By Application
10.3.2.Colombia Power Electronics Market Outlook
10.3.2.1.Market Size & Forecast
10.3.2.1.1.By Value
10.3.2.2.Market Share & Forecast
10.3.2.2.1.By Device Type
10.3.2.2.2.By Material
10.3.2.2.3.By Voltage
10.3.2.2.4.By Application
10.3.3.Argentina Power Electronics Market Outlook
10.3.3.1.Market Size & Forecast
10.3.3.1.1.By Value
10.3.3.2.Market Share & Forecast
10.3.3.2.1.By Device Type
10.3.3.2.2.By Material
10.3.3.2.3.By Voltage
10.3.3.2.4.By Application
11.Middle East and Africa Power Electronics Market Outlook
11.1.Market Size & Forecast
11.1.1.By Value
11.2.Market Share & Forecast
11.2.1.By Device Type
11.2.2.By Material
11.2.3.By Voltage
11.2.4.By Application
11.2.5.By Country
11.3.MEA: Country Analysis
11.3.1.UAE Power Electronics Market Outlook
11.3.1.1.Market Size & Forecast
11.3.1.1.1.By Value
11.3.1.2.Market Share & Forecast
11.3.1.2.1.By Device Type
11.3.1.2.2.By Material
11.3.1.2.3.By Voltage
11.3.1.2.4.By Application
11.3.2.Saudi Arabia Power Electronics Market Outlook
11.3.2.1.Market Size & Forecast
11.3.2.1.1.By Value
11.3.2.2.Market Share & Forecast
11.3.2.2.1.By Device Type
11.3.2.2.2.By Material
11.3.2.2.3.By Voltage
11.3.2.2.4.By Application
11.3.3.South Africa Power Electronics Market Outlook
11.3.3.1.Market Size & Forecast
11.3.3.1.1.By Value
11.3.3.2.Market Share & Forecast
11.3.3.2.1.By Device Type
11.3.3.2.2.By Material
11.3.3.2.3.By Voltage
11.3.3.2.4.By Application
12. Market Dynamics
12.1.Drivers
12.2.Challenges
13.Market Trends & Developments
14.Company Profiles
14.1.Mitsubishi Electric Corporation
14.2.Fuji Electric Co., Ltd.
14.3.Toshiba Corporation
14.4.Infineon Technologies AG
14.5.ON Semiconductor Corporation
14.6.STMicroelectronics International N.V.
14.7.Texas Instruments Incorporated.
14.8.Renesas Electronics Corporation
14.9.Vishay Intertechnology, Inc.
14.10.NXP Semiconductors N.V.
15.Strategic Recommendations

Report Title: Global Power Electronics Market, By Device Type (Power Discrete, Power Module and Power IC), By Material (Silicon, Silicon Carbide, Gallium Nitride and Others), By Voltage (Low Voltage, Medium Voltage, High Voltage), By Application (ICT, Consumer Electronics, Industrial, Automotive, Aerospace & Defense, and Others), By Region, Competition, Forecast & Opportunities, 2017-2027F


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