A recent market intelligence report that is published by Data Insights Partner on the global Power electronics market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Power electronics market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Power electronics market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Power electronics market is offered. In accordance with the report, the global Power electronics market is projected to expand at a CAGR of 5.2% over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
The trending introduction of next-generation technologies including artificial intelligence and IoT are showing promising growth in the market presently. The resent large scale use of power electronics in renewable energy conservation are providing tremendous growth opportunities in the power electronics market. The high acceptance of the power electronics devices in several applications is the key factor that drives the growth of the market worldwide. The power electronic serves an inordinate impact on interfacing and controlling the renewable systems. The growing demand for smart and advanced energy infrastructure are rising the consumption of power electronics. The shifting trends towards smart grid applications are majorly contributing to the growth of the power electronics market all over the world. The ongoing emphasis on the high power factor, high efficiency, and low harmonics and noises on the circuit technologies are promoting the adoption of power electronics across several end-use applications.
The rapidly increasing demand for more efficient portable battery-powered devices especially in the automotive and consumer electronics are anticipated to propel the growth of the power electronics market. Furthermore, the exceedingly increasing demand for the HEVs and EVs has a positive impact on the growth of the power electronics market. The major power electronics companies are currently investing in the automotive sectors that projected to serve numerous growth opportunities for the power electronics market in the near future. For instance, in November 2019, the Fuji Electric is accounted that they are considering forward to expand its power electronics systems business by developing electric chargers for electric vehicles (EV) in India. The high demand for power resources and upgraded power infrastructure are primarily driving the growth of the power semiconductors market in the North America and Europe regions. The promoting use of renewable energies in the U.S., India, China, Germany and other countries are likely to boost the growth of power electronics market.
Segment Covered:
This market intelligence report on the global Power electronics market encompasses market segments based on type, material, end-use verticals and country.
In terms of type, the global Power electronics market is segregated into:
- Power components
- Power Modules
- Power ICs
By material, the global Power electronics market is also classified into:
- Silicon (Si)
- Gallium Nitride (GaN)
- Silicon Carbide (SiC)
By end-use verticals also classify into, the global Power electronics market:
- Consumer Electronics
- Industrial Automation
- Automotive and Transportation
- Energy and Utilities
- Healthcare
- Retail
- Other End-user Industries
By country/region, the global Power electronics market has been divided into:
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as:
- On Semiconductor
- STMicroelectronics.
- Mitsubishi Electric
- Fuji Electric
- Renesas Electronics
- Vishay Intertechnology
- ABB
- Texas Instruments
- Fairchild Semiconductor
- ROHM Semiconductor
- Littelfuse
- Linear Technology
- Microsemi Corporation
- Danfoss
- Semikron
- Maxim Integrated Products
Others players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Power electronics related investment & spending and developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2017-2027. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Salient Features:
- This study offers comprehensive yet detailed analysis of the Power electronics market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account 2018 as the base year
- It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
- This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
- Profiling of key market players in the world Power electronics market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
- Leading market players covered this report comprise names such as International Rectifier, Vishay Intertechnology, Infineon Technologies, Fairchild Semiconductor, STMicroelectronics, Texas Instruments among others
- The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
- The world market for Power electronics caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Power electronics market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
- Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
- Reports have been made based on the guidelines as mandated by General Data Protection Regulation
- Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Power electronics market
- Identification of key factors driving investment opportunities in the Power electronics market
- Facilitate decision-making based on strong historic and forecast data
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Develop strategies based on the latest regulatory events
- Identify key partners and business development avenues
- Respond to your competitors’ business structure, strategy and prospects
- Identify key strengths and weaknesses of important market participants
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