Power Electronics Market Scenario, Leading Players, Segments Analysis and Growth By Forecast to 2023
The detailed report of Power Electronics Market evaluated by skilled experts is segmented into Application and Product. The Power Electronics Market is anticipated to witness considerable development in the following years from 2018-2023.
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Industry Overview and Trend Analysis:
The Power Electronics market was worth USD 30.87 billion in 2014 and is expected to reach approximately USD 49.64 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.42% during the forecast period. The expanding demand for battery-powered and energy-efficient devices is probably going to drive the worldwide market over the figure time frame. Also, the inclination for upgrading power infrastructure, expanding focus regarding the usage of sustainable power sources, and developing pattern of vitality reaping advancements are the significant angles that are foreseen to support the business development over the assessed term. Power electronics is strong state circuitry device which are utilized to change and control electrical energy from the source to the load in a proper and successful way.
Competitive Insights:
The leading players in the market are;
Renesas Electronics
Texas Instruments
Maxim Integrated
Vishay Intertechnology
Infineon Technologies
ABB India
Fuji Electric
NXP Semiconductor N.V
STMicroelectronics
Mitsubishi Electric
Qualcomm.
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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Regional Outlook and Trend Analysis:
The Asia Pacific locale represented the biggest share of 40% of the worldwide business in 2016. The locale is anticipated to witness an extensive development and would proceed with its domination over the forecast period. The huge share of the overall industry and regional development can be credited to the lucrative opportunities in automotive, electronics, industrial, and ICT applications in the Asia Pacific area. The regional rise as a promising manufacturing hub, especially for the consumer electronics and automotive divisions, has prompted a remarkable ascent in production practices over the area by various driving makers of the verticals.
The Power Electronics market is segmented as follows-
By Material: Sapphire, Gallium Nitride (GaN), Silicon (Si), Silicon Carbide (SiC) & Others
By Device: Module, Discrete & IC
By Application: Consumer Electronics, Industrial, Aerospace & Defence, ICT, Power, Automotive & Others
By Region: North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)
Material Outlook and Trend Analysis:
Silicon represented the biggest market estimate in 2016 and is anticipated to rule the market over the conjecture time frame. The appropriateness of silicon in various power electronic devices and equipment has driven the material to represent the biggest share. Nonetheless, the sapphire fragment is foreseen to develop at the most significant CAGR over the forecast period. The development of this fragment is inferable from the beneficial opportunities, for example, usage of sapphire in cell phone cover glasses, smart watches, optical wafers, and LED lights is picking up footing for the material.
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Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.2. Market Dynamics
Chapter 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.6. Rest of MEA Market States and Outlook (2014-2023)
Chapter 5. Power Electronics Market, By Material
5.1. Introduction
5.2. Global Power Electronics Sales, Revenue and Market Share by Material (2014-2018)
5.3. Sapphire
5.4. Gallium Nitride (GaN)
5.5. Silicon (Si)
5.6. Silicon Carbide (SiC)
5.7. Others
Chapter 6. Power Electronics Market, By Device
6.1. Introduction
6.2. Global Power Electronics Sales, Revenue and Market Share by Device (2014-2018)
6.3. Module
6.4. Discrete
6.5. IC
Chapter 7. Power Electronics Market, By Application
7.1. Introduction
7.2. Global Power Electronics Sales, Revenue and Market Share by Application (2014-2018)
7.3. Consumer Electronics
7.3.1. Global Consumer Electronics Sales and Growth Rate (2014-2018)
7.5. Aerospace & Defense
7.6. ICT
7.7. Power
7.8. Automotive
7.9. Others
Chapter 8. Power Electronics Market, By Region
8.1. Introduction
8.2. Global Power Electronics Sales, Revenue and Market Share by Regions
8.3. North America Power Electronics by Countries
8.4. Europe Power Electronics by Countries
8.5. Asia-Pacific
8.6. South America
8.7. Middle East and Africa
Chapter 9. Company Profiles
9.1. Vishay Intertechnology, Inc
9.2. Texas Instruments, Inc
9.3. STMicroelectronics N.V
9.4. Renesas Electronics Corp.
9.5. NXP Semiconductor N.V.
9.6. Mitsubishi Electric Corp.
9.7. Microsemi Corporation
9.8. Maxim Integrated Products, Inc.
9.9. Mitsubishi Electric Corp
9.10. Microsemi Corporation
9.11. Maxim Integrated Products, Inc
9.12. Fuji Electric Co., Ltd
Chapter 10. Global Power Electronics Market Competition, by Manufacturer
10.1. Global Power Electronics Sales and Market Share by Manufacturer (2016-2017)
10.2. Global Power Electronics Revenue and Market Share by Manufacturer (2016-2017)
10.3. Global Power Electronics Price by Region (2016-2017)
10.4. Top 5 Power Electronics Manufacturer Market Share
10.5. Market Competition Trend
Chapter 11. Power Electronics Market Forecast (2018-2023)
11.1. Global Power Electronics Sales, Revenue (Millions USD) and Growth Rate (2018-2023)
11.2. Power Electronics Market Forecast by Regions (2018-2023)
11.3. Power Electronics Market Forecast by Material (2018-2023)
11.4. Power Electronics Market Forecast by Device (2018-2023)
11.5. Power Electronics Market Forecast by Application (2018-2023)
11.5.1. Global Power Electronics Sales Forecast by Application (2018-2023)
…Read Full Table of Contents
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