The global market for Power Discrete and Modules was estimated at US$27.5 Billion in 2023, and is projected to reach US$37.2 Billion by 2030, growing at a CAGR of 4.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the power discrete and modules market is driven by several factors. Firstly, the increasing demand for energy-efficient solutions across various industries is propelling the adoption of advanced power management components. Secondly, the rapid expansion of the electric vehicle (EV) market is driving the need for high-performance power modules that can efficiently manage battery power and improve overall vehicle efficiency. Thirdly, the growing focus on renewable energy sources, such as wind and solar, requires robust power conversion systems to integrate these sources into the grid, boosting the demand for power discrete and modules. Additionally, advancements in industrial automation and the proliferation of smart devices are further fueling the market, as these applications demand reliable and efficient power management solutions. The ongoing trends towards miniaturization and increased power density in electronic devices also contribute to the rising demand for advanced power discrete and modules. Finally, supportive government policies and incentives aimed at promoting energy efficiency and the adoption of clean energy technologies are further accelerating the market growth.
The growth in the power discrete and modules market is driven by several factors. Firstly, the increasing demand for energy-efficient solutions across various industries is propelling the adoption of advanced power management components. Secondly, the rapid expansion of the electric vehicle (EV) market is driving the need for high-performance power modules that can efficiently manage battery power and improve overall vehicle efficiency. Thirdly, the growing focus on renewable energy sources, such as wind and solar, requires robust power conversion systems to integrate these sources into the grid, boosting the demand for power discrete and modules. Additionally, advancements in industrial automation and the proliferation of smart devices are further fueling the market, as these applications demand reliable and efficient power management solutions. The ongoing trends towards miniaturization and increased power density in electronic devices also contribute to the rising demand for advanced power discrete and modules. Finally, supportive government policies and incentives aimed at promoting energy efficiency and the adoption of clean energy technologies are further accelerating the market growth.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Power Discrete Solutions segment, which is expected to reach US$24.6 Billion by 2030 with a CAGR of a 4.7%. The Power Module Solutions segment is also set to grow at 3.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $7.5 Billion in 2023, and China, forecasted to grow at an impressive 7.3% CAGR to reach $7.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Power Discrete and Modules Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Power Discrete and Modules Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Power Discrete and Modules Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Infineon Technologies AG, Microchip Technology, Inc., Mitsubishi Electric Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 86 Featured):
- Infineon Technologies AG
- Microchip Technology, Inc.
- Mitsubishi Electric Corporation
- NXP Semiconductors NV
- Prodrive Technologies B.V.
- Renesas Electronics Corporation
- ROHM Co., Ltd.
- Semiconductor Components Industries, LLC (Onsemi)
- Solitron Devices, Inc.
- StarPower Semiconductor Ltd.
- STMicroelectronics NV
- TDK Electronics AG
- Texas Instruments, Inc.
- Toshiba Electronic Devices & Storage Corporation
- TT Electronics Plc;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Infineon Technologies AG
- Microchip Technology, Inc.
- Mitsubishi Electric Corporation
- NXP Semiconductors NV
- Prodrive Technologies B.V.
- Renesas Electronics Corporation
- ROHM Co., Ltd.
- Semiconductor Components Industries, LLC (Onsemi)
- Solitron Devices, Inc.
- StarPower Semiconductor Ltd.
- STMicroelectronics NV
- TDK Electronics AG
- Texas Instruments, Inc.
- Toshiba Electronic Devices & Storage Corporation
- TT Electronics Plc;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 388 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 27.5 Billion |
Forecasted Market Value ( USD | $ 37.2 Billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |