Power Semiconductor Market Report Overview:
The primary goal of MMR's "Power Semiconductor market" report is to assist clients in making informed business decisions. This involves identifying areas that require improvement, recognizing well-performing segments, and guiding new entrants in navigating and establishing their presence within the competitive landscape. The report also sheds light on the existing challenges within the Power Semiconductor market.
Anticipated Growth in Revenue:
Power Semiconductor Market size was valued at US$ 37.90 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 3.18% through 2021 to 2027, reaching nearly US$ 47.19 Bn.
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Power Semiconductor Market Scope and Research Methodology
The report offers a comprehensive analysis of global Power Semiconductor market trends, forecasts, and financial aspects. It presents an in-depth examination of segments and sub-segments within both global and regional Power Semiconductor markets. Utilizing a bottom-up approach, the report delves into estimations of market size. The Power Semiconductor Market report encompasses essential information about key market participants and emerging players, including their services, revenue, financial standing, portfolios, growth strategies, and regional presence. Future market size and growth rate predictions, alongside current and prospective trends in the Power Semiconductor market, are also provided.
The report delves into demand projections, market trends, and micro and macro factors in detail. It identifies drivers and constraints impacting the growth of the Power Semiconductor market. Employing both qualitative and quantitative methods, the research employs tools such as SWOT, PESTLE, and Porter's Five Forces for the analysis of the Power Semiconductor market. The analysis identifies key upcoming developments projected to shape demand within the Power Semiconductor market over the forecast period.
Power Semiconductor Market Regional Revelations:
Geographically, Power Semiconductor market report is segmented into several key regions are as follows,
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
Power Semiconductor Market Segmentation:
by Component
• Power MOSFET
• Rectifiers
• Thyristors
• IGBT
• Diode
Power MOSFET, Rectifiers, Thyristors, IGBT, and Diodes are the market's subgroups. By 2027, the IGBT segment is anticipated to have the greatest market shares, or 3%. IGBT is frequently used as a switching device for the inverter circuit's DC to AC conversion, which powers tiny to big motors. IGBT is used in inverter applications to increase the efficiency of industrial motors, automobile main motor controllers, and home appliances like refrigerators and air conditioners.
Because these transistors are used in high-power applications such as solar inverters, electric vehicle motor drives, uninterruptible power supply, high-frequency welders, induction heaters, and power factor correction converters, the IGBT market is predicted to expand at a quicker rate. Benefits of using IGBTs include their high voltage capability and relatively quick.
by Material
• Silicon Carbide (SiC)
• Silicon/ Germanium
• Gallium Nitride (GaN)
The silicon carbide (SiC), silicon/germanium, and gallium nitride (GaN) segments of the market are separated out. During the projection period of 2021–2027, the silicon/germanium material segment is anticipated to increase fast at a CAGR of 3%. Since silicon is far more ancient than SiC and GaN, it has been used in manufacturing for many years. Silicon is more widely available on the market as a result. Silicon is far less expensive than gallium nitride and silicon carbide. In silicon power semiconductors, diodes, thyristors, and transistors are the most often utilized devices.
by Module
• Power Modules
• Power Discrete
by End-Use
• Telecommunication
• Aerospace & Defense
• Healthcare
• Automotive
• Industrial
• Consumer Electronics
• Others
Power semiconductor devices play an important role in automotive industries. Power semiconductor devices are used to control the automotive electronics. HEV main inverter, central body control, braking system, seat control, modern electric power steering, and others are some of the examples of the automotive electronics. In electric vehicles, power semiconductor devices are used in the efficient conduction and control of electric power.
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Power Semiconductor Market Key Players:
• Semikron International GmbH
• Fuji Electric Co., Ltd.
• Mitsubishi Electric Group
• Texas Instruments
• Infineon Technologies AG
• ST Microelectronics N.V.
• Toshiba Corporation
• ABB Ltd
• Qualcomm Inc.
• NXP Semiconductor
• Cree Inc.
• ON Semiconductor Corporation
• Renesas Electronic Corporation
• Broadcom Limited
• Fairchild Semiconductor
• Hitachi
• ROHM
• GaN Systems
• FormFactor
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Key questions answered in the Power Semiconductor Market are:
- What was the Power Semiconductor market size in 2021?
- What is the growth rate of the Power Semiconductor Market?
- Which are the factors expected to drive the Power Semiconductor market growth?
- What are the different segments of the Power Semiconductor Market?
- What are the factors restraining the growth of the Power Semiconductor Market?
- What segments are covered in the Power Semiconductor Market?
- Who are the key players in the Global Power Semiconductor market?
- What are the upcoming industry applications and trends for the Power Semiconductor Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size Forecast by different segment | 2021−2027
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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