Report Scope & Overview:
Power Semiconductors Market Size was valued at USD 40.70 billion in 2022 and is expected to reach USD 53.60 billion by 2030, and grow at a CAGR of 3.5% over the forecast period 2023-2030.
The power semiconductor market is experiencing significant growth during the continuous forecast period 2021-2028. The semiconductor power market is expected to grow at a CAGR rate of 3.5% during this period due to the growth of advanced and wide adoption of technology especially in various consumer electronics products such as smartphones and smartwatches, alongside others such as IoT devices. The market is home to a wide variety of electronic devices and small size gadgets as they have great playfulness while helping to facilitate easy access to technology and their acceptance across all different vertices. The semiconductor power market aims to develop products full of advanced features of power electronics. Some of these features include a lightweight product, efficient use of available energy, ensuring high speed, and ensuring improved portability. Electric semiconductors are gaining great popularity for use in a wide variety of industries and marketing situations as consumers show an advanced interest in the use of electric vehicles that offer better performance. These factors are likely to help the performance of the semiconductor energy market to grow and help the market grow according to the predicted CAGR rate and market analysis as the global forecast period ends in 2028.
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Indispensable part of various machines.
Non-conventional energy sources.
Use of power semiconductors.
This is covered in the final report.
This is covered in the final report.
IMPACT OF COVID-19:
Since the novel coronavirus was identified as a pandemic, a number of measures have been implemented to stem the tide of the epidemic and avoid the epidemic waves, which create numerous obstacles and challenges for both professionals and patients. It has caused other issues, such as a lack of personnel support and the operational sector, which is limiting the ability of semiconductor market players to produce on demand, resulting in a serious disruption of the supply chain. Furthermore, job losses have reduced the purchasing power of people who use advanced technology-based goods and equipment. This also reduces market sales during the forecast period, so players are unable to meet expectations.
BY APPLICATION The global semiconductor power market with its products and services interacts with a variety of applications. Some of these include telecommunications or data communications sector, energy and energy sector, computer systems, office equipment, medical needs, taxis and transportation, and various industries among others.
Military & Aerospace
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The semiconductor market is divided into four major regions based on the distribution of resources across the globe and the wide distribution of audiences. These are North America, the Asia-Pacific region, and European countries, as well as LAMEA, which stands for Latin America, the Middle East, and Africa. The APAC region, like global market trends, is expected to dominate global market regions. The main reason for this increase is that the government is increasing its support for broader semiconductor acceptance through the development and implementation of compliant policies and programs. South Korea, China, and Japan are also part of the APAC region. These countries account for 68 percent of the total market share. Furthermore, countries such as Thailand, Singapore, Vietnam, and Malaysia are taking the lead in contributing significantly to significant regional growth in the international market.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The Key Players in Power semiconductor market are Fuji Electric, Toshiba, Mitsubishi, Littelfuse, Infineon, STMicroelectronics, International Rectifier, Vishay, Semikron, NXP Semiconductors, Renesas, Fairchild and Other players.
NXP Semiconductors-Company Financial Analysis
|Market Size in 2022||US$ 40.70 Billion|
|Market Size by 2030||US$ 53.60 Billion|
|CAGR||CAGR of 3.5% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Components (Diodes, Switches, Rectifiers, Others)
• By Application (Automotive, Consumer Electronics, Military & Aerospace)
• By Material (SILICON CARBIDE, Gan SILICON, Other)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Fuji Electric, Toshiba, Mitsubishi, Littelfuse, Infineon, STMicroelectronics, International Rectifier, Vishay, Semikron, NXP Semiconductors, Renesas, Fairchild and Other players.|
|Key Drivers||• Indispensable part of various machines.
• Non-conventional energy sources.
|RESTRAINTS||• Dependable on
• Constant evolution.
The Power Semiconductors Market size was valued at 39.3 billion in 2021 at a CAGR of 3.5%.
The Key Players in Power semiconductor are Fuji Electric, Toshiba, Mitsubishi, Littelfuse, Infineon, STMicroelectronics, International Rectifier, Vishay, Semikron, NXP Semiconductors, Renesas, Fairchild and Other.
The APAC region is expected to dominate the Power Semiconductors Market.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Power Semiconductors Market Segmentation, by components
9. Global Power Semiconductors Market Segmentation, by application
9.3 Consumer Electronics
9.4 Military & Aerospace
10. Global Power Semiconductors Market Segmentation, By material
10.2 SILICON CARBIDE
10.3 GaN SILICON
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Fuji Electric
12.7 International Rectifier
12.10 NXP Semiconductors
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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Step 2: Primary Research
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