The Business Research Company’s report goes into great detail on the power electronics market size and growth, power electronics market regional analysis, power electronics market competitive landscape, and other critical information needed to excel in the power electronics industry.

Major players in the power electronics market include ABB Ltd, Fuji Electric Co. Ltd., Infineon Technologies AG, Microsemi Corporation, Mitsubishi Electric Corporation, Renesas Electronics Corporation, STMicroelectronics, Texas Instruments incorporated, Toshiba Corporations, Vishay Intertechnology, NXP Semiconductors, GaN Systems Inc., Littelfuse Inc., Maxim Integrated, ROHM CO. LTD., SEMIKRON, and Transphorm Inc.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global power electronics market size is expected to grow from $39.69 billion in 2021 to $43.71 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The global power electronics market is expected to reach $58.10 billion in 2026 at a CAGR of 7.4%.

Asia Pacific was the largest region in the power electronics market in 2021.

The power electronics market consists of sales of power electronics by entities (organizations, sole traders, and partnerships) that convert electrical power from one form to another to deliver power. Power electronics are electronic circuit devices that transfer power from a source to a load efficiently and robustly using diodes, transistors, and thyristors.

The rapid development of electric vehicles is significantly contributing to the growth of the power electronics market.

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Technological advancements are a key trend gaining popularity in the power electronics market. Technological advancement is a discovery of knowledge that advances technology. Major companies operating in the power electronics sector are focused on developing advanced technologies to meet consumer demand.

TBRC’s Global Power Electronics Market Report Is Segmented:
By Product: Discrete, Module

By Material: Silicon, Silicon Carbide, Gallium Nitride

By Voltage: Low Voltage, Medium Voltage, High Voltage

By Application: Power Management, UPS, Renewable, Other Applications

By End User Industry: Automotive, Consumer Electronics, IT and Telecommunication, Military And Aerospace, Industrial, Energy And Power, Other End Use Industries

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Power Electronics Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the power electronics market globally and regionally, analyzes and forecasts market size, share, power electronics market players, power electronics market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

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Printed Circuit Board Global Market Report 2022

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