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.

Power Semiconductors Market Revenue 2030

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  • Indispensable part of various machines.

  • Non-conventional energy sources.

  • Use of power semiconductors.


  • Dependable on

    • Constant evolution.

    • Technology.


  • This is covered in the final report.


  • This is covered in the final report.


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.



  • Diodes

  • Switches

  • Rectifiers

  • Others


  • Automotive

  • Consumer Electronics

  • Military & Aerospace




Power Semiconductors Market Segment Pie Chart

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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.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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


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

Power Semiconductors Market Report Scope:
Report Attributes Details
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
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
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.
            • Technology.

Frequently Asked Questions

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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions


2. Research Methodology


3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges


4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea 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


8.2 Diodes

8.3 Switches

8.4 Rectifiers

8.5 Others


9. Global Power Semiconductors Market Segmentation, by application

9.1 Introduction

9.2 Automotive

9.3 Consumer Electronics

9.4 Military & Aerospace

9.5 Other


10. Global Power Semiconductors Market Segmentation, By material

10.1 Introduction




11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2    Canada

11.2.3    Mexico

11.3        Europe

11.3.1    Germany

11.3.2    UK

11.3.3    France

11.3.4    Italy

11.3.5    Spain

11.3.6    The Netherlands

11.3.7    Rest of Europe

11.4        Asia-Pacific

11.4.1    Japan

11.4.2    South Korea

11.4.3    China

11.4.4    India

11.4.5    Australia

11.4.6    Rest of Asia-Pacific

11.5        The Middle East & Africa

11.5.1    Israel

11.5.2    UAE

11.5.3    South Africa

11.5.4    Rest

11.6        Latin America

11.6.1    Brazil

11.6.2    Argentina

11.6.3    Rest of Latin America


12. Company Profiles

12.1 Toshiba

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Fuji Electric

12.3 Mitsubishi

12.4 Littelfuse

12.5 Infineon

12.6 STMicroelectronics

12.7 International Rectifier

12.8 Vishay

12.9 Semikron

12.10 NXP Semiconductors

12.11 Renesas

12.12 Fairchild

12.13 Other.


13. Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments


14. 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.

Secondary Research

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.

Primary Research

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.

Data Bank Validation

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.

Step 5: Final QC/QA Process:

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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