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Power Electronics Market 2024-2028

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    Report

  • 172 Pages
  • November 2023
  • Region: Global
  • TechNavio
  • ID: 5558021
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The power electronics market is forecasted to grow by USD 10.67 billion during 2023-2028, accelerating at a CAGR of 5.92% during the forecast period. The report on the power electronics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of renewable energy, innovations to reduce design time of power electronic systems, and rapid development of electric vehicles.

The power electronics market is segmented as below:

By Product

  • Discrete
  • Module

By Material

  • Silicon
  • Silicon carbide
  • Gallium nitride

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the rise in adoption of smart grids as one of the prime reasons driving the power electronics market growth during the next few years. Also, increased use of artificial intelligence (AI) and machine learning (ML) and new product launches will lead to sizable demand in the market.

The report on the power electronics market covers the following areas:

  • Power electronics market sizing
  • Power electronics market forecast
  • Power electronics market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading power electronics market vendors that include ABB Ltd., Analog Devices Inc., Arete and Cocchi Technology, Danfoss AS, Fuji Electric Co. Ltd., General Electric Co., Grayson Automotive Services Ltd., Infineon Technologies AG, Magna Power Electronics Inc., Mitsubishi Electric Corp., NXP Semiconductors NV, ON Semiconductor Corp., Power Electronics, Renesas Electronics Corp., Schneider Electric SE, Siemens AG, STMicroelectronics International N.V., Texas Instruments Inc., Toshiba Corp., and Vitesco Technologies Group AG. Also, the power electronics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Material
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global power electronics market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global power electronics market 2018 - 2022 ($ billion)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Material Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Material Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Discrete - Market size and forecast 2023-2028
Exhibit 34: Chart on Discrete - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Discrete - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Discrete - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Discrete - Year-over-year growth 2023-2028 (%)
6.4 Module - Market size and forecast 2023-2028
Exhibit 38: Chart on Module - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Module - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Module - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Module - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
Exhibit 42: Market opportunity by Product ($ billion)
Exhibit 43: Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Material
7.1 Market segments
Exhibit 44: Chart on Material - Market share 2023-2028 (%)
Exhibit 45: Data Table on Material - Market share 2023-2028 (%)
7.2 Comparison by Material
Exhibit 46: Chart on Comparison by Material
Exhibit 47: Data Table on Comparison by Material
7.3 Silicon - Market size and forecast 2023-2028
Exhibit 48: Chart on Silicon - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Silicon - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Silicon - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Silicon - Year-over-year growth 2023-2028 (%)
7.4 Silicon carbide - Market size and forecast 2023-2028
Exhibit 52: Chart on Silicon carbide - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Silicon carbide - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Silicon carbide - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Silicon carbide - Year-over-year growth 2023-2028 (%)
7.5 Gallium nitride - Market size and forecast 2023-2028
Exhibit 56: Chart on Gallium nitride - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Gallium nitride - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Gallium nitride - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Gallium nitride - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Material
Exhibit 60: Market opportunity by Material ($ billion)
Exhibit 61: Data Table on Market opportunity by Material ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 South Korea - Market size and forecast 2023-2028
Exhibit 103: Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on South Korea - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Analog Devices Inc.
Exhibit 115: Analog Devices Inc. - Overview
Exhibit 116: Analog Devices Inc. - Business segments
Exhibit 117: Analog Devices Inc. - Key news
Exhibit 118: Analog Devices Inc. - Key offerings
Exhibit 119: Analog Devices Inc. - Segment focus
12.4 Arete and Cocchi Technology
Exhibit 120: Arete and Cocchi Technology - Overview
Exhibit 121: Arete and Cocchi Technology - Product / Service
Exhibit 122: Arete and Cocchi Technology - Key offerings
12.5 Danfoss AS
Exhibit 123: Danfoss AS - Overview
Exhibit 124: Danfoss AS - Business segments
Exhibit 125: Danfoss AS - Key news
Exhibit 126: Danfoss AS - Key offerings
Exhibit 127: Danfoss AS - Segment focus
12.6 Fuji Electric Co. Ltd.
Exhibit 128: Fuji Electric Co. Ltd. - Overview
Exhibit 129: Fuji Electric Co. Ltd. - Business segments
Exhibit 130: Fuji Electric Co. Ltd. - Key offerings
Exhibit 131: Fuji Electric Co. Ltd. - Segment focus
12.7 General Electric Co.
Exhibit 132: General Electric Co. - Overview
Exhibit 133: General Electric Co. - Business segments
Exhibit 134: General Electric Co. - Key news
Exhibit 135: General Electric Co. - Key offerings
Exhibit 136: General Electric Co. - Segment focus
12.8 Infineon Technologies AG
Exhibit 137: Infineon Technologies AG - Overview
Exhibit 138: Infineon Technologies AG - Business segments
Exhibit 139: Infineon Technologies AG - Key news
Exhibit 140: Infineon Technologies AG - Key offerings
Exhibit 141: Infineon Technologies AG - Segment focus
12.9 Mitsubishi Electric Corp.
Exhibit 142: Mitsubishi Electric Corp. - Overview
Exhibit 143: Mitsubishi Electric Corp. - Business segments
Exhibit 144: Mitsubishi Electric Corp. - Key news
Exhibit 145: Mitsubishi Electric Corp. - Key offerings
Exhibit 146: Mitsubishi Electric Corp. - Segment focus
12.10 NXP Semiconductors NV
Exhibit 147: NXP Semiconductors NV - Overview
Exhibit 148: NXP Semiconductors NV - Product / Service
Exhibit 149: NXP Semiconductors NV - Key news
Exhibit 150: NXP Semiconductors NV - Key offerings
12.11 ON Semiconductor Corp.
Exhibit 151: ON Semiconductor Corp. - Overview
Exhibit 152: ON Semiconductor Corp. - Business segments
Exhibit 153: ON Semiconductor Corp. - Key offerings
Exhibit 154: ON Semiconductor Corp. - Segment focus
12.12 Renesas Electronics Corp.
Exhibit 155: Renesas Electronics Corp. - Overview
Exhibit 156: Renesas Electronics Corp. - Business segments
Exhibit 157: Renesas Electronics Corp. - Key offerings
Exhibit 158: Renesas Electronics Corp. - Segment focus
12.13 Schneider Electric SE
Exhibit 159: Schneider Electric SE - Overview
Exhibit 160: Schneider Electric SE - Business segments
Exhibit 161: Schneider Electric SE - Key news
Exhibit 162: Schneider Electric SE - Key offerings
Exhibit 163: Schneider Electric SE - Segment focus
12.14 Siemens AG
Exhibit 164: Siemens AG - Overview
Exhibit 165: Siemens AG - Business segments
Exhibit 166: Siemens AG - Key news
Exhibit 167: Siemens AG - Key offerings
Exhibit 168: Siemens AG - Segment focus
12.15 STMicroelectronics International N.V.
Exhibit 169: STMicroelectronics International N.V. - Overview
Exhibit 170: STMicroelectronics International N.V. - Business segments
Exhibit 171: STMicroelectronics International N.V. - Key news
Exhibit 172: STMicroelectronics International N.V. - Key offerings
Exhibit 173: STMicroelectronics International N.V. - Segment focus
12.16 Texas Instruments Inc.
Exhibit 174: Texas Instruments Inc. - Overview
Exhibit 175: Texas Instruments Inc. - Business segments
Exhibit 176: Texas Instruments Inc. - Key news
Exhibit 177: Texas Instruments Inc. - Key offerings
Exhibit 178: Texas Instruments Inc. - Segment focus
12.17 Vitesco Technologies Group AG
Exhibit 179: Vitesco Technologies Group AG - Overview
Exhibit 180: Vitesco Technologies Group AG - Product / Service
Exhibit 181: Vitesco Technologies Group AG - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 182: Inclusions checklist
Exhibit 183: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 184: Currency conversion rates for US$
13.4 Research methodology
Exhibit 185: Research methodology
Exhibit 186: Validation techniques employed for market sizing
Exhibit 187: Information sources
13.5 List of abbreviations
Exhibit 188: List of abbreviations
List of Exhibits
Exhibit 1: Executive Summary - Chart on Market Overview
Exhibit 2: Executive Summary - Data Table on Market Overview
Exhibit 3: Executive Summary - Chart on Global Market Characteristics
Exhibit 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 5: Executive Summary - Chart on Market Segmentation by Product
Exhibit 6: Executive Summary - Chart on Market Segmentation by Material
Exhibit 7: Executive Summary - Chart on Incremental Growth
Exhibit 8: Executive Summary - Data Table on Incremental Growth
Exhibit 9: Executive Summary - Chart on Vendor Market Positioning
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
Exhibit 12: Offerings of vendors included in the market definition
Exhibit 13: Market segments
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 18: Historic Market Size - Data Table on global power electronics market 2018 - 2022 ($ billion)
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibit 20: Historic Market Size - Material Segment 2018 - 2022 ($ billion)
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
Exhibit 34: Chart on Discrete - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Discrete - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Discrete - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Discrete - Year-over-year growth 2023-2028 (%)
Exhibit 38: Chart on Module - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Module - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Module - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Module - Year-over-year growth 2023-2028 (%)
Exhibit 42: Market opportunity by Product ($ billion)
Exhibit 43: Data Table on Market opportunity by Product ($ billion)
Exhibit 44: Chart on Material - Market share 2023-2028 (%)
Exhibit 45: Data Table on Material - Market share 2023-2028 (%)
Exhibit 46: Chart on Comparison by Material
Exhibit 47: Data Table on Comparison by Material
Exhibit 48: Chart on Silicon - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Silicon - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Silicon - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Silicon - Year-over-year growth 2023-2028 (%)
Exhibit 52: Chart on Silicon carbide - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Silicon carbide - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Silicon carbide - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Silicon carbide - Year-over-year growth 2023-2028 (%)
Exhibit 56: Chart on Gallium nitride - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Gallium nitride - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Gallium nitride - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Gallium nitride - Year-over-year growth 2023-2028 (%)
Exhibit 60: Market opportunity by Material ($ billion)
Exhibit 61: Data Table on Market opportunity by Material ($ billion)
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 103: Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on South Korea - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
Exhibit 111: Overview on factors of disruption
Exhibit 112: Impact of key risks on business
Exhibit 113: Vendors covered
Exhibit 114: Matrix on vendor position and classification
Exhibit 115: Analog Devices Inc. - Overview
Exhibit 116: Analog Devices Inc. - Business segments
Exhibit 117: Analog Devices Inc. - Key news
Exhibit 118: Analog Devices Inc. - Key offerings
Exhibit 119: Analog Devices Inc. - Segment focus
Exhibit 120: Arete and Cocchi Technology - Overview
Exhibit 121: Arete and Cocchi Technology - Product / Service
Exhibit 122: Arete and Cocchi Technology - Key offerings
Exhibit 123: Danfoss AS - Overview
Exhibit 124: Danfoss AS - Business segments
Exhibit 125: Danfoss AS - Key news
Exhibit 126: Danfoss AS - Key offerings
Exhibit 127: Danfoss AS - Segment focus
Exhibit 128: Fuji Electric Co. Ltd. - Overview
Exhibit 129: Fuji Electric Co. Ltd. - Business segments
Exhibit 130: Fuji Electric Co. Ltd. - Key offerings
Exhibit 131: Fuji Electric Co. Ltd. - Segment focus
Exhibit 132: General Electric Co. - Overview
Exhibit 133: General Electric Co. - Business segments
Exhibit 134: General Electric Co. - Key news
Exhibit 135: General Electric Co. - Key offerings
Exhibit 136: General Electric Co. - Segment focus
Exhibit 137: Infineon Technologies AG - Overview
Exhibit 138: Infineon Technologies AG - Business segments
Exhibit 139: Infineon Technologies AG - Key news
Exhibit 140: Infineon Technologies AG - Key offerings
Exhibit 141: Infineon Technologies AG - Segment focus
Exhibit 142: Mitsubishi Electric Corp. - Overview
Exhibit 143: Mitsubishi Electric Corp. - Business segments
Exhibit 144: Mitsubishi Electric Corp. - Key news
Exhibit 145: Mitsubishi Electric Corp. - Key offerings
Exhibit 146: Mitsubishi Electric Corp. - Segment focus
Exhibit 147: NXP Semiconductors NV - Overview
Exhibit 148: NXP Semiconductors NV - Product / Service
Exhibit 149: NXP Semiconductors NV - Key news
Exhibit 150: NXP Semiconductors NV - Key offerings
Exhibit 151: ON Semiconductor Corp. - Overview
Exhibit 152: ON Semiconductor Corp. - Business segments
Exhibit 153: ON Semiconductor Corp. - Key offerings
Exhibit 154: ON Semiconductor Corp. - Segment focus
Exhibit 155: Renesas Electronics Corp. - Overview
Exhibit 156: Renesas Electronics Corp. - Business segments
Exhibit 157: Renesas Electronics Corp. - Key offerings
Exhibit 158: Renesas Electronics Corp. - Segment focus
Exhibit 159: Schneider Electric SE - Overview
Exhibit 160: Schneider Electric SE - Business segments
Exhibit 161: Schneider Electric SE - Key news
Exhibit 162: Schneider Electric SE - Key offerings
Exhibit 163: Schneider Electric SE - Segment focus
Exhibit 164: Siemens AG - Overview
Exhibit 165: Siemens AG - Business segments
Exhibit 166: Siemens AG - Key news
Exhibit 167: Siemens AG - Key offerings
Exhibit 168: Siemens AG - Segment focus
Exhibit 169: STMicroelectronics International N.V. - Overview
Exhibit 170: STMicroelectronics International N.V. - Business segments
Exhibit 171: STMicroelectronics International N.V. - Key news
Exhibit 172: STMicroelectronics International N.V. - Key offerings
Exhibit 173: STMicroelectronics International N.V. - Segment focus
Exhibit 174: Texas Instruments Inc. - Overview
Exhibit 175: Texas Instruments Inc. - Business segments
Exhibit 176: Texas Instruments Inc. - Key news
Exhibit 177: Texas Instruments Inc. - Key offerings
Exhibit 178: Texas Instruments Inc. - Segment focus
Exhibit 179: Vitesco Technologies Group AG - Overview
Exhibit 180: Vitesco Technologies Group AG - Product / Service
Exhibit 181: Vitesco Technologies Group AG - Key offerings
Exhibit 182: Inclusions checklist
Exhibit 183: Exclusions checklist
Exhibit 184: Currency conversion rates for US$
Exhibit 185: Research methodology
Exhibit 186: Validation techniques employed for market sizing
Exhibit 187: Information sources
Exhibit 188: List of abbreviations

Executive Summary

The analyst recognizes the following companies as the key players in the global power electronics market: ABB Ltd., Analog Devices Inc., Arete and Cocchi Technology, Danfoss AS, Fuji Electric Co. Ltd., General Electric Co., Grayson Automotive Services Ltd., Infineon Technologies AG, Magna Power Electronics Inc., Mitsubishi Electric Corp., NXP Semiconductors NV, ON Semiconductor Corp., Power Electronics, Renesas Electronics Corp., Schneider Electric SE, Siemens AG, STMicroelectronics International N.V., Texas Instruments Inc., Toshiba Corp., and Vitesco Technologies Group AG.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rise in adoption of smart grids.'

According to the report, one of the major drivers for this market is the increased adoption of renewable energy.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Analog Devices Inc.
  • Arete and Cocchi Technology
  • Danfoss AS
  • Fuji Electric Co. Ltd.
  • General Electric Co.
  • Grayson Automotive Services Ltd.
  • Infineon Technologies AG
  • Magna Power Electronics Inc.
  • Mitsubishi Electric Corp.
  • NXP Semiconductors NV
  • ON Semiconductor Corp.
  • Power Electronics
  • Renesas Electronics Corp.
  • Schneider Electric SE
  • Siemens AG
  • STMicroelectronics International N.V.
  • Texas Instruments Inc.
  • Toshiba Corp.
  • Vitesco Technologies Group AG

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