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The Power Electronics market is a subset of the Semiconductor industry, focusing on the development and production of power semiconductor devices. These devices are used to control and convert electrical power in a variety of applications, such as motor drives, power supplies, and renewable energy systems. Power Electronics is a rapidly growing market, driven by the increasing demand for energy efficiency and the need for reliable power conversion solutions.
The Power Electronics market is composed of a variety of players, ranging from large multinationals to small and medium-sized enterprises. Major players include Infineon Technologies, Texas Instruments, STMicroelectronics, ON Semiconductor, Renesas Electronics, NXP Semiconductors, and Mitsubishi Electric. Other notable companies in the market include Toshiba, Fuji Electric, and ROHM Semiconductor. Show Less Read more