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Power Electronics Market Share

Report ID: GMI1355
Published Date: Jan 2023
Report Format: PDF

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Power Electronics Market Share

Some of the leading companies in the global power electronics industry include

Fuji Electric Co. Ltd.
NXP Semiconductor N.V.
Mitsubishi Electric Corporation
ON Semiconductor Corporation
STMicroelectronics N.V.
Texas Instruments Incorporated
Infineon Technologies AG
TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION

These companies are focusing on the expansion of their business footprint and production capacities to better meet the soaring customer needs.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The global market size for power electronics was worth more than USD 25 billion in 2022 and is anticipated to expand at over 5.5% CAGR from 2023-2032.

Power electronics industry size from the discrete product segment is poised to record a 4.5% CAGR from 2023-2032 led by the increasing scope in automotive applications.

Asia Pacific market for power electronics was more than 55% in 2022 and will witness substantial expansion through 2032 due to the surging EV sales.

Fuji Electric Co. Ltd., NXP Semiconductor N.V., STMicroelectronics N.V., and Infineon Technologies AG are some of the major power electronics companies.