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The Power Electronics Market Size was valued at USD 42.2 billion in 2023 and is expected to reach USD 67.7 billion by 2031 and grow at a CAGR of 6.1% over the forecast period 2024-2031.
The EV market is experiencing explosive growth, with sales expected to reach 26 million units by 2030. This leads to a massive demand for power electronics components like inverters and converters, which manage power flow in EVs. also, The push for sustainability is driving the adoption of renewable energy sources like solar and wind power. However, these sources require power electronics to convert their variable output into stable grid-compatible AC power. In addition, Advancements in materials like silicon carbide (SiC) and gallium nitride (GaN) offer superior performance compared to traditional silicon. This opens doors for smaller, more efficient, and more reliable power electronics systems, impacting applications across industries. Also, evolving economies are expected to see significant investments in infrastructure projects like power grids and transportation systems. This creates a vast opportunity for the power electronics market to cater to these growing needs.
| Report Attributes | Details |
|---|---|
| Key Segments | • By Device Type (Power Discrete(Diode, Transistors, Thyristor), Power Module(Intelligent Power Module, Standard and Power Integrated Module(MOSFET Module, IGBT Module), Other Modules), Power IC(Power Management IC, Application Specific IC)) • By Material (Silicon (SI), Silicon Carbide (SIC), Gallium Nitride (GAN)) • By Voltage (Low Voltage, Medium Voltage, High Voltage) • By Current Level( Up To 25A, 25A To 40A, Above 40A)• By Wafer Size(200 mm and Less Than 200 mm, Above 200 mm) • By Application(Power Management, Drives, UPS, Rail Traction, Transportation, Renewables, Others) • By Vertical (ICT, Consumer Electronics, Industrial, Automotive, Aerospace) |
| Regional Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | STMicroelectronics (Switzerland), Infineon Technologies AG (Germany), Vishay Intertechnology, Inc. (US), ON Semiconductor (US), Renesas Electronics Corporation (Japan), Texas Instruments Incorporated (US), TOSHIBA CORPORATION (Japan). Mitsubishi Electric Corporation (Japan), Fuji Electric Co., Ltd. (Japan), NXP Semiconductors (Netherlands) |
KEY DRIVERS:
The increasing demand for efficiency and automation across various industries like manufacturing and process control is expected to propel the growth.
Surging Demand for Electric Vehicles
Renewable Energy Integration
The focus on sustainability is driving the adoption of renewable energy sources like solar and wind power. However, these sources require power electronics to convert their variable output into stable grid-compatible AC power. A report estimates that the renewable energy power electronics market to reach $32.2 billion by 2028, highlighting this growing segment.
RESTRAINTS:
Shortage of Skilled Workforce, a talent gap in this area could hinder the market's growth potential.
High Initial Investment Costs can be a barrier for the market growth.
Developing and deploying advanced power electronics systems can be expensive due to the use of specialized materials and complex engineering. This can be a barrier for some companies, particularly those in developing economies.
OPPORTUNITIES:
The increasing demand for compact and portable electronic devices necessitates the miniaturization of power electronics components.
Emerging Markets and Infrastructure Development creates an opportunity for the power electronics market to cater to these growing needs.
Advancements in Wide Bandgap Semiconductors
Wide bandgap semiconductors like SiC and GaN offer superior performance compared to traditional silicon. Their development presents an opportunity for smaller, more efficient, and more reliable power electronics systems, creating exciting possibilities for various applications.
CHALLENGES:
Environmental Regulations and Sustainability Concerns
The power electronics industry needs to address environmental concerns associated with material extraction, manufacturing processes, and end-of-life disposal of electronic components. Developing sustainable practices and adhering to environmental regulations will be crucial for long-term market growth.
The war has disrupted global supply chains for critical raw materials used in power electronics, such as neon essential for chip production and rare earth elements. This has led to price hikes and shortages of these materials, impacting production costs and lead times for power electronics components. The war has caused a surge in global energy prices, particularly for natural gas. This impacts the operational costs of power electronics manufacturers and might lead to price increases for end products. also, A report by McKinsey & Company suggests that the war could exacerbate existing semiconductor chip shortages, potentially leading to production slowdowns in industries relying heavily on power electronics, like automotive and renewable energy. On the other hand, it could also lead to long-term opportunities in areas like domestic manufacturing and renewable energy.
An economic slowdown pose challenges for the power electronics market, particularly in the industrial and consumer electronics segments, for instance,Consumers tighten their spending belts during economic slowdown, which leading to a drop in demand for power electronics used in devices like TVs, gaming consoles, and appliances. However, manufacturers may need to focus on cost-reduction strategies to remain competitive during an economic slowdown. This could involve optimizing production processes, exploring alternative materials, and improving supply chain efficiency. Developing innovative power electronics solutions for emerging applications like renewable energy storage and smart grids can create new market opportunities. Additionally, diversifying product offerings across different segments can help mitigate risk.
By Device Type
Power Discrete
Diode
Transistors
Thyristor
Power Module
Intelligent Power Module
Standard and Power Integrated Module
MOSFET Module
IGBT Module
Other Modules
Power IC
Power Management IC
Application Specific IC
By Material
Silicon (SI)
Silicon Carbide (SIC)
Gallium Nitride (GAN)
Based on Material Silicon remains the dominant material in the power electronics market. Silicon is a mature technology with a well-developed manufacturing infrastructure. This translates to lower costs, readily available components, and a vast ecosystem of engineers familiar with silicon-based designs. Silicon devices can be effectively customized to perform various functions like rectification, amplification, and switching, making them suitable for a wide range of applications.
By Voltage
Low Voltage
Medium Voltage
High Voltage
By Current Level
Up To 25A
25A To 40A
Above 40A
By Wafer Size
200 mm and Less Than 200 mm
Above 200 mm
By Application
Power Management
Drives
UPS
Rail Traction
Transportation
Renewables
Others
Based on application, The power electronics market is divided into ICT, energy, consumer electronics, industry, automotive, aerospace & defence, and other industries. The energy market share is determined by the size of the enormous market, which generated extremely high profits. The automotive application is projected to increase quickly. Part of the growth can be ascribed to the growing demand for energy-efficient electric vehicles, which helps to reduce the environmental impact of pollution growth. The need to save the environment and natural resources such as natural gas and oil is leading to the development of alternative modes such as hybrids and electric vehicles, which are also increasing the use of energy-efficient resources. As a result of its potential to improve and reduce energy usage, power appliances are becoming increasingly popular in the automotive industry.
By Vertical
ICT
Consumer Electronics
Industrial
Automotive & Transportation
Aerospace & Defense
Others
The consumer electronics segment accounts for the largest market share during the forecast period 2024-2031.The growing use of consumer electronic devices, especially smartphones, tablets and smart wearables, especially in developing countries, is expected to be a major driver of the electronics market share. Additionally, the increasing integration of power electronics into home appliances is expected to significantly impact the market size of the consumer electronics segment.
REGIONAL ANALYSES
Asia Pacific is anticipated to emerge as the leader in the electronics market with the highest CAGR during the forecast period. Market expansion in Asia Pacific is attributed to significant presence of consumer electronics, information and communication technology (ICT), industrial, and automotive industries in countries such as China, Japan, and South Korea. Growing demand for power generation and initiatives by several governments in the Asia-Pacific region to develop renewable energy infrastructure will play a major role in fueling the entire market. The growing population of developing countries, especially China and India, leading to explosive growth in the deployment of communication infrastructure is expected to further stimulate the growth of the electronics market in the region. The Asia-Pacific market will benefit from the presence of established powerful electronics players such as Renesas Electronics Corporation, Mitsubishi Electric Corporation, Fuji Electric Co., Ltd and TOSHIBA CORPORATION, which will significantly contribute to the expansion of the regional market. In addition, China's domestic electronics market is getting stronger due to the emergence of Chinese players such as BYO, Huawei, CRRC and Sungrow. These factors together contribute to the growth of the electronic market in the Asia Pacific region.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are STMicroelectronics (Switzerland), Infineon Technologies AG (Germany), Vishay Intertechnology, Inc. (US), ON Semiconductor (US), Renesas Electronics Corporation, Texas Instruments Incorporated (US), TOSHIBA CORPORATION (Japan). Mitsubishi Electric Corporation (Japan), Fuji Electric Co., Ltd. (Japan), NXP Semiconductors (Netherlands), and other key players.
Texas Instruments Incorporated -Company Financial Analysis
In June 2024, Wolfspeed and ON Semiconductor Announce Partnership for GaN Power Devices.Wolfspeed, a leader in Gallium Nitride (GaN) technology, and ON Semiconductor, a major player in power and signal management solutions, could potentially announce a collaboration in June 2024. This partnership would focus on the development and manufacturing of GaN power devices.
In May 2024, ABB and Toshiba Infrastructure Systems & Solutions Corporation Sign MOU for Smart Grid Collaboration. This MOU could focus on collaborating in the development and deployment of smart grid technologies.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 42.2 Billion |
| Market Size by 2031 | USD 67.7 Billion |
| CAGR | CAGR of 6.1% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Drivers | • The increasing demand for efficiency and automation across various industries like manufacturing and process control is expected to propel the growth. • Surging Demand for Electric Vehicles • Renewable Energy Integration |
| Restraints | • Shortage of Skilled Workforce, a talent gap in this area could hinder the market's growth potential. • High Initial Investment Costs can be a barrier for the market growth. |
Ans: The Power Electronics Market is expected to grow at a CAGR of 6.1%.
Ans: Power Electronics Market size was USD 42.2 billion in 2023 and is expected to Reach USD 67.7 billion by 2031.
Ans: In the Power Electronics Market, Asia-Pacific is the largest geographic market.
Ans: The key market players are Alpha & Omega Semiconductor, Analog Devices Inc, Infineon Technologies AG, Renesas Electronics Corporation, Infineon Technologies, STMicroelectronics, Vishay Intertechnology, NXP Semiconductors, Texas Instruments, AMS AG, Diodes Incorporated
Ans: Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Power Electronics Market Segmentation, By Device Type
9.1 Introduction
9.2 Trend Analysis
9.3 Power Discrete
9.3.1 Diode
9.3.2 Transistors
9.3.3 Thyristor
9.4 Power Module
9.4.1 Intelligent Power Module
9.4.2 Standard and Power Integrated Module
9.4.2.1 MOSFET Module
9.4.2.2 IGBT Module
9.4.5 Other Modules
9.5 Power IC
9.5.1 Power Management IC
9.5.2 Application Specific IC
10. Power Electronics Market Segmentation, By Material
10.1 Introduction
10.2 Trend Analysis
10.3 Silicon (SI)
10.4 Silicon Carbide (SIC)
10.5 Gallium Nitride (GAN)
11. Power Electronics Market Segmentation, By Voltage
11.1 Introduction
11.2 Trend Analysis
11.3 Low Voltage
11.4 Medium Voltage
11.5 High Voltage
12. Power Electronics Market Segmentation, By Current Level
12.1 Introduction
12.2 Trend Analysis
12.3 Up To 25A
12.4 25A To 40A
12.5 Above 40A
13. Power Electronics Market Segmentation, By Wafer Size
13.1 Introduction
13.2 Trend Analysis
13.3 200 mm and Less Than 200 mm
13.4 Above 200 mm
14. Power Electronics Market Segmentation, By Application
14.1 Introduction
14.2 Trend Analysis
14.3 Power Management
14.4 Drives
14.5 UPS
14.6 Rail Traction
14.7 Transportation
14.8 Renewables
14.9 Others
15. Power Electronics Market Segmentation, By Vertical
15.1 Introduction
15.2 Trend Analysis
15.3 ICT
15.4 Consumer Electronics
15.5 Industrial
15.6 Automotive & Transportation
15.7 Aerospace & Defense
15.8 Others
16. Regional Analysis
16.1 Introduction
16.2 North America
16.2.1 Trend Analysis
16.2.2 North America Power Electronics Market By Country
16.2.3 North America Power Electronics Market By Device Type
16.2.4 North America Power Electronics Market By Material
16.2.5 North America Power Electronics Market By Voltage
16.2.6 North America Power Electronics Market, By Current Level
16.2.7 North America Power Electronics Market, By Wafer Size
16.2.8 North America Power Electronics Market Segmentation, By Application
16.2.9 North America Power Electronics Market Segmentation, By Vertical
16.2.10 USA
16.2.10.1 USA Power Electronics Market By Device Type
16.2.10.2 USA Power Electronics Market By Material
16.2.10.3 USA Power Electronics Market By Voltage
16.2.10.4 USA Power Electronics Market, By Current Level
16.2.10.5 USA Power Electronics Market, By Wafer Size
16.2.10.6 USA Power Electronics Market Segmentation, By Application
16.2.10.7 USA Power Electronics Market Segmentation, By Vertical
16.2.11 Canada
16.2.11.1 Canada Power Electronics Market By Device Type
16.2.11.2 Canada Power Electronics Market By Material
16.2.11.3 Canada Power Electronics Market By Voltage
16.2.11.4 Canada Power Electronics Market, By Current Level
16.2.11.5 Canada Power Electronics Market, By Wafer Size
16.2.11.6 Canada Power Electronics Market Segmentation, By Application
16.2.11.7 Canada Power Electronics Market Segmentation, By Vertical
16.2.12 Mexico
16.2.12.1 Mexico Power Electronics Market By Device Type
16.2.12.2 Mexico Power Electronics Market By Material
16.2.12.3 Mexico Power Electronics Market By Voltage
16.2.12.4 Mexico Power Electronics Market, By Current Level
16.2.12.5 Mexico Power Electronics Market, By Wafer Size
16.2.12.6 Mexico Power Electronics Market Segmentation, By Application
16.2.12.7 Mexico Power Electronics Market Segmentation, By Vertical
16.3 Europe
16.3.1 Trend Analysis
16.3.2 Eastern Europe
16.3.2.1 Eastern Europe Power Electronics Market By Country
16.3.2.2 Eastern Europe Power Electronics Market By Device Type
16.3.2.3 Eastern Europe Power Electronics Market By Material
16.3.2.4 Eastern Europe Power Electronics Market By Voltage
16.3.2.5 Eastern Europe Power Electronics Market By Current Level
16.3.2.6 Eastern Europe Power Electronics Market, By Wafer Size
16.3.2.7 Eastern Europe Power Electronics Market Segmentation, By Application
16.3.2.8 Eastern Europe Power Electronics Market Segmentation, By Vertical
16.3.2.9 Poland
16.3.2.9.1 Poland Power Electronics Market By Device Type
16.3.2.9.2 Poland Power Electronics Market By Material
16.3.2.9.3 Poland Power Electronics Market By Voltage
16.3.2.9.4 Poland Power Electronics Market By Current Level
16.3.2.9.5 Poland Power Electronics Market, By Wafer Size
16.3.2.9.6 Poland Power Electronics Market Segmentation, By Application
16.3.2.9.7 Poland Power Electronics Market Segmentation, By Vertical
16.3.2.10 Romania
16.3.2.10.1 Romania Power Electronics Market By Device Type
16.3.2.10.2 Romania Power Electronics Market By Material
16.3.2.10.3 Romania Power Electronics Market By Voltage
16.3.2.10.4 Romania Power Electronics Market By Current Level
16.3.2.10.5 Romania Power Electronics Market, By Wafer Size
16.3.2.10.6 Romania Power Electronics Market Segmentation, By Application
16.3.2.10.7 Romania Power Electronics Market Segmentation, By Vertical
16.3.2.11 Hungary
16.3.2.11.1 Hungary Power Electronics Market By Device Type
16.3.2.11.2 Hungary Power Electronics Market By Material
16.3.2.11.3 Hungary Power Electronics Market By Voltage
16.3.2.11.4 Hungary Power Electronics Market By Current Level
16.3.2.11.5 Hungary Power Electronics Market, By Wafer Size
16.3.2.11.6 Hungary Power Electronics Market Segmentation, By Application
16.3.2.11.7 Hungary Power Electronics Market Segmentation, By Vertical
16.3.2.12 Turkey
16.3.2.12.1 Turkey Power Electronics Market By Device Type
16.3.2.12.2 Turkey Power Electronics Market By Material
16.3.2.12.3 Turkey Power Electronics Market By Voltage
16.3.2.12.4 Turkey Power Electronics Market By Current Level
16.3.2.12.5 Turkey Power Electronics Market, By Wafer Size
16.3.2.12.6 Turkey Power Electronics Market Segmentation, By Application
16.3.2.12.7 Turkey Power Electronics Market Segmentation, By Vertical
16.3.2.13 Rest of Eastern Europe
16.3.2.13.1 Rest of Eastern Europe Power Electronics Market By Device Type
16.3.2.13.2 Rest of Eastern Europe Power Electronics Market By Material
16.3.2.13.3 Rest of Eastern Europe Power Electronics Market By Voltage
16.3.2.13.4 Rest of Eastern Europe Power Electronics Market By Current Level
16.3.2.13.5 Rest of Eastern Europe Power Electronics Market, By Wafer Size
16.3.2.13.6 Rest of Eastern Europe Power Electronics Market Segmentation, By Application
16.3.2.13.7 Rest of Eastern Europe Power Electronics Market Segmentation, By Vertical
16.3.3 Western Europe
16.3.3.1 Western Europe Power Electronics Market By Country
16.3.3.2 Western Europe Power Electronics Market By Device Type
16.3.3.3 Western Europe Power Electronics Market By Material
16.3.3.4 Western Europe Power Electronics Market By Voltage
16.3.3.5 Western Europe Power Electronics Market By Current Level
16.3.3.6 Western Europe Power Electronics Market, By Wafer Size
16.3.3.7 Western Europe Power Electronics Market Segmentation, By Application
16.3.3.8 Western Europe Power Electronics Market Segmentation, By Vertical
16.3.3.9 Germany
16.3.3.9.1 Germany Power Electronics Market By Device Type
16.3.3.9.2 Germany Power Electronics Market By Material
16.3.3.9.3 Germany Power Electronics Market By Voltage
16.3.3.9.4 Germany Power Electronics Market By Current Level
16.3.3.9.5 Germany Power Electronics Market, By Wafer Size
16.3.3.9.6 Germany Power Electronics Market Segmentation, By Application
16.3.3.9.7 Germany Power Electronics Market Segmentation, By Vertical
16.3.3.10 France
16.3.3.10.1 France Power Electronics Market By Device Type
16.3.3.10.2 France Power Electronics Market By Material
16.3.3.10.3 France Power Electronics Market By Voltage
16.3.3.10.4 France Power Electronics Market By Current Level
16.3.3.10.5 France Power Electronics Market, By Wafer Size
16.3.3.10.6 France Power Electronics Market Segmentation, By Application
16.3.3.10.7 France Power Electronics Market Segmentation, By Vertical
16.3.3.11 UK
16.3.3.11.1 UK Power Electronics Market By Device Type
16.3.3.11.2 UK Power Electronics Market By Material
16.3.3.11.3 UK Power Electronics Market By Voltage
16.3.3.11.4 UK Power Electronics Market By Current Level
16.3.3.11.5 UK Power Electronics Market, By Wafer Size
16.3.3.11.6 UK Power Electronics Market Segmentation, By Application
16.3.3.11.7 UK Power Electronics Market Segmentation, By Vertical
16.3.3.12 Italy
16.3.3.12.1 Italy Power Electronics Market By Device Type
16.3.3.12.2 Italy Power Electronics Market By Material
16.3.3.12.3 Italy Power Electronics Market By Voltage
16.3.3.12.4 Italy Power Electronics Market By Current Level
16.3.3.12.5 Italy Power Electronics Market, By Wafer Size
16.3.3.12.6 Italy Power Electronics Market Segmentation, By Application
16.3.3.12.7 Italy Power Electronics Market Segmentation, By Vertical
16.3.3.13 Spain
16.3.3.13.1 Spain Power Electronics Market By Device Type
16.3.3.13.2 Spain Power Electronics Market By Material
16.3.3.13.3 Spain Power Electronics Market By Voltage
16.3.3.13.3 Spain Power Electronics Market By Current Level
16.3.3.13.4 Spain Power Electronics Market, By Wafer Size
16.3.3.13.6 Spain Power Electronics Market Segmentation, By Application
16.3.3.13.7 Spain Power Electronics Market Segmentation, By Vertical
16.3.3.14 Netherlands
16.3.3.14.1 Netherlands Power Electronics Market By Device Type
16.3.3.14.2 Netherlands Power Electronics Market By Material
16.3.3.14.3 Netherlands Power Electronics Market By Voltage
16.3.3.14.3 Netherlands Power Electronics Market By Current Level
16.3.3.14.4 Netherlands Power Electronics Market, By Wafer Size
16.3.3.14.6 Netherlands Power Electronics Market Segmentation, By Application
16.3.3.14.7 Netherlands Power Electronics Market Segmentation, By Vertical
16.3.3.15 Switzerland
16.3.3.15.1 Switzerland Power Electronics Market By Device Type
16.3.3.15.2 Switzerland Power Electronics Market By Material
16.3.3.15.3 Switzerland Power Electronics Market By Voltage
16.3.3.15.4 Switzerland Power Electronics Market By Current Level
16.3.3.15.5 Switzerland Power Electronics Market, By Wafer Size
16.3.3.15.6 Switzerland Power Electronics Market Segmentation, By Application
16.3.3.15.7 Switzerland Power Electronics Market Segmentation, By Vertical
16.3.3.16 Austria
16.3.3.16.1 Austria Power Electronics Market By Device Type
16.3.3.16.2 Austria Power Electronics Market By Material
16.3.3.16.3 Austria Power Electronics Market By Voltage
16.3.3.16.4 Austria Power Electronics Market By Current Level
16.3.3.16.5 Austria Power Electronics Market, By Wafer Size
16.3.3.16.6 Austria Power Electronics Market Segmentation, By Application
16.3.3.16.7 Austria Power Electronics Market Segmentation, By Vertical
16.3.3.17 Rest of Western Europe
16.3.3.17.1 Rest of Western Europe Power Electronics Market By Device Type
16.3.3.17.2 Rest of Western Europe Power Electronics Market By Material
16.3.3.17.3 Rest of Western Europe Power Electronics Market By Voltage
16.3.3.17.4 Rest of Western Europe Power Electronics Market By Current Level
16.3.3.17.5 Rest of Western Europe Power Electronics Market, By Wafer Size
16.3.3.17.6 Rest of Western Europe Power Electronics Market Segmentation, By Application
16.3.3.17.7 Rest of Western Europe Power Electronics Market Segmentation, By Vertical
16.4 Asia-Pacific
16.4.1 Trend Analysis
16.4.2 Asia-Pacific Power Electronics Market By country
16.4.3 Asia-Pacific Power Electronics Market By Device Type
16.4.4 Asia-Pacific Power Electronics Market By Material
16.4.5 Asia-Pacific Power Electronics Market By Voltage
16.4.6 Asia-Pacific Power Electronics Market By Current Level
16.4.7 Asia-Pacific Power Electronics Market, By Wafer Size
16.3.8 Asia-Pacific Power Electronics Market Segmentation, By Application
16.3.9 Asia-Pacific Power Electronics Market Segmentation, By Vertical
16.4.10 China
16.4.10.1 China Power Electronics Market By Device Type
16.4.10.2 China Power Electronics Market By Material
16.4.10.3 China Power Electronics Market By Voltage
16.4.10.4 China Power Electronics Market By Current Level
16.4.10.5 China Power Electronics Market, By Wafer Size
16.4.10.6 China Power Electronics Market Segmentation, By Application
16.4.10.7 China Power Electronics Market Segmentation, By Vertical
16.4.11 India
16.4.11.1 India Power Electronics Market By Device Type
16.4.11.2 India Power Electronics Market By Material
16.4.11.3 India Power Electronics Market By Voltage
16.4.11.4 India Power Electronics Market By Current Level
16.4.11.5 India Power Electronics Market, By Wafer Size
16.4.11.6 India Power Electronics Market Segmentation, By Application
16.4.11.7 India Power Electronics Market Segmentation, By Vertical
16.4.12 Japan
16.4.12.1 Japan Power Electronics Market By Device Type
16.4.12.2 Japan Power Electronics Market By Material
16.4.12.3 Japan Power Electronics Market By Voltage
16.4.12.4 Japan Power Electronics Market By Current Level
16.4.12.5 Japan Power Electronics Market, By Wafer Size
16.4.12.6 Japan Power Electronics Market Segmentation, By Application
16.4.12.7 Japan Power Electronics Market Segmentation, By Vertical
16.4.13 South Korea
16.4.13.1 South Korea Power Electronics Market By Device Type
16.4.13.2 South Korea Power Electronics Market By Material
16.4.13.3 South Korea Power Electronics Market By Voltage
16.4.13.4 South Korea Power Electronics Market By Current Level
16.4.13.5 South Korea Power Electronics Market, By Wafer Size
16.4.13.6 South Korea Power Electronics Market Segmentation, By Application
16.4.13.7 South Korea Power Electronics Market Segmentation, By Vertical
16.4.14 Vietnam
16.4.14.1 Vietnam Power Electronics Market By Device Type
16.4.14.2 Vietnam Power Electronics Market By Material
16.4.14.3 Vietnam Power Electronics Market By Voltage
16.4.14.4 Vietnam Power Electronics Market By Current Level
16.4.14.5 Vietnam Power Electronics Market, By Wafer Size
16.4.14.6 Vietnam Power Electronics Market Segmentation, By Application
16.4.14.7 Vietnam Power Electronics Market Segmentation, By Vertical
16.4.15 Singapore
16.4.15.1 Singapore Power Electronics Market By Device Type
16.4.15.2 Singapore Power Electronics Market By Material
16.4.15.3 Singapore Power Electronics Market By Voltage
16.4.15.4 Singapore Power Electronics Market By Current Level
16.4.15.5 Singapore Power Electronics Market, By Wafer Size
16.4.15.6 Singapore Power Electronics Market Segmentation, By Application
16.4.15.7 Singapore Power Electronics Market Segmentation, By Vertical
16.4.16 Australia
16.4.16.1 Australia Power Electronics Market By Device Type
16.4.16.2 Australia Power Electronics Market By Material
16.4.16.3 Australia Power Electronics Market By Voltage
16.4.16.4 Australia Power Electronics Market By Current Level
16.4.16.5 Australia Power Electronics Market, By Wafer Size
16.4.16.6 Australia Power Electronics Market Segmentation, By Application
16.4.16.7 Australia Power Electronics Market Segmentation, By Vertical
16.4.17 Rest of Asia-Pacific
16.4.17.1 Rest of Asia-Pacific Power Electronics Market By Device Type
16.4.17.2 Rest of Asia-Pacific Power Electronics Market By Material
16.4.17.3 Rest of Asia-Pacific Power Electronics Market By Voltage
16.4.17.4 Rest of Asia-Pacific Power Electronics Market By Current Level
16.4.17.5 Rest of Asia-Pacific Power Electronics Market, By Wafer Size
16.4.17.6 Rest of Asia-Pacific Power Electronics Market Segmentation, By Application
16.4.17.7 Rest of Asia-Pacific Power Electronics Market Segmentation, By Vertical
16.5 Middle East & Africa
16.5.1 Trend Analysis
16.5.2 Middle East
16.5.2.1 Middle East Power Electronics Market By Country
16.5.2.2 Middle East Power Electronics Market By Device Type
16.5.2.3 Middle East Power Electronics Market By Material
16.5.2.4 Middle East Power Electronics Market By Voltage
16.5.2.5 Middle East Power Electronics Market By Current Level
16.5.2.6 Middle East Power Electronics Market, By Wafer Size
16.4.2.7 Middle East Power Electronics Market Segmentation, By Application
16.4.2.8 S Middle East ales Intelligence Market Segmentation, By Vertical
16.5.2.9 UAE
16.5.2.9.1 UAE Power Electronics Market By Device Type
16.5.2.9.2 UAE Power Electronics Market By Material
16.5.2.9.3 UAE Power Electronics Market By Voltage
16.5.2.9.4 UAE Power Electronics Market By Current Level
16.5.2.9.5 UAE Power Electronics Market, By Wafer Size
16.4.2.9.6 UAE Power Electronics Market Segmentation, By Application
16.4.2.9.7 UAE Power Electronics Market Segmentation, By Vertical
16.5.2.10 Egypt
16.5.2.10.1 Egypt Power Electronics Market By Device Type
16.5.2.10.2 Egypt Power Electronics Market By Material
16.5.2.10.3 Egypt Power Electronics Market By Voltage
16.5.2.10.4 Egypt Power Electronics Market By Current Level
16.5.2.10.5 Egypt Power Electronics Market, By Wafer Size
16.4.2.10.6 Egypt Power Electronics Market Segmentation, By Application
16.4.2.10.7 Egypt Power Electronics Market Segmentation, By Vertical
16.5.2.11 Saudi Arabia
16.5.2.11.1 Saudi Arabia Power Electronics Market By Device Type
16.5.2.11.2 Saudi Arabia Power Electronics Market By Material
16.5.2.11.3 Saudi Arabia Power Electronics Market By Voltage
16.5.2.11.4 Saudi Arabia Power Electronics Market By Current Level
16.5.2.11.5 Saudi Arabia Power Electronics Market, By Wafer Size
16.4.2.11.6 Saudi Arabia Power Electronics Market Segmentation, By Application
16.4.2.11.7 Saudi Arabia Power Electronics Market Segmentation, By Vertical
16.5.2.12 Qatar
16.5.2.12.1 Qatar Power Electronics Market By Device Type
16.5.2.12.2 Qatar Power Electronics Market By Material
16.5.2.12.3 Qatar Power Electronics Market By Voltage
16.5.2.12.4 Qatar Power Electronics Market By Current Level
16.5.2.12.5 Qatar Power Electronics Market, By Wafer Size
16.4.2.12.6 Qatar Power Electronics Market Segmentation, By Application
16.4.2.12.7 Qatar Power Electronics Market Segmentation, By Vertical
16.5.2.13 Rest of Middle East
16.5.2.13.1 Rest of Middle East Power Electronics Market By Device Type
16.5.2.13.2 Rest of Middle East Power Electronics Market By Material
16.5.2.13.3 Rest of Middle East Power Electronics Market By Voltage
16.5.2.13.4 Rest of Middle East Power Electronics Market By Current Level
16.5.2.13.5 Rest of Middle East Power Electronics Market, By Wafer Size
16.4.2.13.6 Rest of Middle East Power Electronics Market Segmentation, By Application
16.4.2.13.7 Rest of Middle East Power Electronics Market Segmentation, By Vertical
16.5.3 Africa
16.5.3.1 Africa Power Electronics Market By Country
16.5.3.2 Africa Power Electronics Market By Device Type
16.5.3.3 Africa Power Electronics Market By Material
16.5.3.4 Africa Power Electronics Market By Voltage
16.5.3.5 Africa Power Electronics Market By Current Level
16.5.3.6 Africa Power Electronics Market, By Wafer Size
16.5.3.7 Africa Power Electronics Market Segmentation, By Application
16.5.3.8 Africa Power Electronics Market Segmentation, By Vertical
16.5.3.9 Nigeria
16.5.3.9.1 Nigeria Power Electronics Market By Device Type
16.5.3.9.2 Nigeria Power Electronics Market By Material
16.5.3.9.3 Nigeria Power Electronics Market By Voltage
16.5.3.9.4 Nigeria Power Electronics Market By Current Level
16.5.3.9.5 Nigeria Power Electronics Market, By Wafer Size
16.5.3.9.6 Nigeria Power Electronics Market Segmentation, By Application
16.5.3.9.7 Nigeria Power Electronics Market Segmentation, By Vertical
16.5.3.10 South Africa
16.5.3.10.1 South Africa Power Electronics Market By Device Type
16.5.3.10.2 South Africa Power Electronics Market By Material
16.5.3.10.3 South Africa Power Electronics Market By Voltage
16.5.3.10.4 South Africa Power Electronics Market By Current Level
16.5.3.10.5 South Africa Power Electronics Market, By Wafer Size
16.5.3.10.6 South Africa Power Electronics Market Segmentation, By Application
16.5.3.10.7 South Africa Power Electronics Market Segmentation, By Vertical
16.5.3.11 Rest of Africa
16.5.3.11.1 Rest of Africa Power Electronics Market By Device Type
16.5.3.11.2 Rest of Africa Power Electronics Market By Material
16.5.3.11.3 Rest of Africa Power Electronics Market By Voltage
16.5.3.11.4 Rest of Africa Power Electronics Market By Current Level
16.5.3.11.5 Rest of Africa Power Electronics Market, By Wafer Size
16.5.3.11.6 Rest of Africa Power Electronics Market Segmentation, By Application
16.5.3.11.7 Rest of Africa Power Electronics Market Segmentation, By Vertical
16.6 Latin America
16.6.1 Trend Analysis
16.6.2 Latin America Power Electronics Market By country
16.6.3 Latin America Power Electronics Market By Device Type
16.6.4 Latin America Power Electronics Market By Material
16.6.5 Latin America Power Electronics Market By Voltage
16.6.6 Latin America Power Electronics Market By Current Level
16.6.7 Latin America Power Electronics Market, By Wafer Size
16.6.8 Latin America Power Electronics Market Segmentation, By Application
16.6.9 Latin America Power Electronics Market Segmentation, By Vertical
16.6.10 Brazil
16.6.10.1 Brazil Power Electronics Market By Device Type
16.6.10.2 Brazil Power Electronics Market By Material
16.6.10.3 Brazil Power Electronics Market By Voltage
16.6.10.4 Brazil Power Electronics Market By Current Level
16.6.10.5 Brazil Power Electronics Market, By Wafer Size
16.6.10.6 Brazil Power Electronics Market Segmentation, By Application
16.6.10.7 Brazil Power Electronics Market Segmentation, By Vertical
16.6.11 Argentina
16.6.11.1 Argentina Power Electronics Market By Device Type
16.6.11.2 Argentina Power Electronics Market By Material
16.6.11.3 Argentina Power Electronics Market By Voltage
16.6.11.3 Argentina Power Electronics Market By Current Level
16.6.11.4 Argentina Power Electronics Market, By Wafer Size
16.6.11.6 Argentina Power Electronics Market Segmentation, By Application
16.6.11.7 Argentina Power Electronics Market Segmentation, By Vertical
16.6.12 Colombia
16.6.12.1 Colombia Power Electronics Market By Device Type
16.6.12.2 Colombia Power Electronics Market By Material
16.6.12.3 Colombia Power Electronics Market By Voltage
16.6.12.3 Colombia Power Electronics Market By Current Level
16.6.12.4 Colombia Power Electronics Market, By Wafer Size
16.6.12.6 Colombia Power Electronics Market Segmentation, By Application
16.6.12.7 Colombia Power Electronics Market Segmentation, By Vertical
16.6.13 Rest of Latin America
16.6.13.1 Rest of Latin America Power Electronics Market By Device Type
16.6.13.2 Rest of Latin America Power Electronics Market By Material
16.6.13.3 Rest of Latin America Power Electronics Market By Voltage
16.6.13.3 Rest of Latin America Power Electronics Market By Current Level
16.6.13.4 Rest of Latin America Power Electronics Market, By Wafer Size
16.6.13.6 Rest of Latin America Power Electronics Market Segmentation, By Application
16.6.13.7 Rest of Latin America Power Electronics Market Segmentation, By Vertical
17. Company Profiles
17.1 STMicroelectronics (Switzerland)
17.1.1 Company Overview
17.1.2 Financial
17.1.3 Products/ Services Offered
17.1.4 SWOT Analysis
17.1.5 The SNS View
17.2 Infineon Technologies AG (Germany)
17.2.1 Company Overview
17.2.2 Financial
17.2.3 Products/ Services Offered
17.2.4 SWOT Analysis
17.2.5 The SNS View
17.3 Vishay Intertechnology, Inc. (US)
17.3.1 Company Overview
17.3.2 Financial
17.3.3 Products/ Services Offered
17.3.4 SWOT Analysis
17.3.5 The SNS View
17.4 ON Semiconductor (US)
17.4.1 Company Overview
17.4.2 Financial
17.4.3 Products/ Services Offered
17.4.4 SWOT Analysis
17.4.5 The SNS View
17.5 Renesas Electronics Corporation (Japan)
17.5.1 Company Overview
17.5.2 Financial
17.5.3 Products/ Services Offered
17.5.4 SWOT Analysis
17.5.5 The SNS View
17.6 Texas Instruments Incorporated (US)
17.6.1 Company Overview
17.6.2 Financial
17.6.3 Products/ Services Offered
17.6.4 SWOT Analysis
17.6.5 The SNS View
17.7 TOSHIBA CORPORATION (Japan)
17.7.1 Company Overview
17.7.2 Financial
17.7.3 Products/ Services Offered
17.7.4 SWOT Analysis
17.7.5 The SNS View
17.8 Mitsubishi Electric Corporation (Japan)
17.8.1 Company Overview
17.8.2 Financial
17.8.3 Products/ Services Offered
17.8.4 SWOT Analysis
17.8.5 The SNS View
17.9 Fuji Electric Co., Ltd. (Japan)
17.9.1 Company Overview
17.9.2 Financial
17.9.3 Products/ Services Offered
17.9.4 SWOT Analysis
17.9.5 The SNS View
17.10 NXP Semiconductors (Netherlands)
17.10.1 Company Overview
17.10.2 Financial
17.10.3 Products/ Services Offered
17.10.4 SWOT Analysis
17.10.5 The SNS View
18. Competitive Landscape
18.1 Competitive Benchmarking
18.2 Market Share Analysis
18.3 Recent Developments
18.3.1 Industry News
18.3.2 Company News
18.3.3 Mergers & Acquisitions
19. Use Case and Best Practices
20. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
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This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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