by The Latest research study released by Emergen Research on “Power Electronics market” with 150+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that leads the market growth.
Power Electronics Market By Device Type (Power Discrete, Power Module, Power IC), By Material Type (Silicon, Silicon Carbide (SiC), Gallium Nitride), By Application Outlook (Power Management, Drives, Rail Traction, Transportation), and By Region, Forecast to 2030
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Key Highlights in Report
- The Power Integrated Circuit (IC) segment accounted for a significant revenue share in 2021. Miniaturization of electronic products and rising demand for reliable and low-power consumption electronic components are major factors driving revenue growth of this segment.
- In addition, increasing end-user’s awareness regarding various benefits of implementing power IC is contributing to revenue growth. Power IC addresses a few electronic applications that were previously beyond capabilities of traditional IC technologies. Moreover, market companies are also deploying developed technologies and high-voltage device concepts to maximize benefits of power IC.
- The Gallium Nitride (GaN) segment accounted for a significant revenue share in 2021. Strategic partnerships and funding from government bodies are key factors driving revenue growth of this segment. In addition, rising demand for robotic process automation systems is contributing to market growth. Gallium nitride is used in servo drives for robotics and motion control.
Key Players Included in this report are:
- Some major companies in the global market report include Infineon Technologies AG, Onsemi, STMicroelectronics, Mitsubishi Electric Corporation, Vishay Intertechnology, Inc., Fuji Electric Co., Ltd., NXP Semiconductors, Renesas Electronics Corporation, Texas Instruments Incorporated, and Toshiba Corporation.
What can be explored with the Power Electronics market Study?
- Gain Market Understanding
- Identify Growth Opportunities
- Analyze and Measure the Global Power Electronics market by Identifying Investment across various Industry Verticals
- Understand the Trends that will drive Future Changes in Power Electronics market
- Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Market Segmentation Analysis
Players can concentrate on high-growth regions and, if necessary, modify their business plan according to the research report. The Power Electronics market is divided into a variety of categories, uses, and geographical areas. Players gain from the report’s regional segmentation research since it offers pertinent data and insights into important geographic marketplaces.
COVID-19 Impact Analysis
The post-COVID-19 phase has undergone substantial change, and Power Electronics market research highlights the opportunities and difficulties that still exist. This study report thoroughly examines the effects of the COVID-19 pandemic on the global economy and post-pandemic market behaviour.
Regional Outlook
We carefully examined each division, regional classification, national study, and subject-specific data set during the market research. This Power Electronics market research report’s goal is to look at growth patterns, promising futures, important obstacles, and expected results. Information on significant market participants, strategic alliances, plans, new product launches, and joint ventures are all included in the research.
Key Reasons to Purchase Power Electronics market Report
- The reader will be in a position to comprehend and react to marketing strategies like using strengths and conducting a SWOT analysis.
- The research looks into the dynamics of the target market and how the conflict between Russia and Ukraine has affected it.
Table of Content:
- Methodology & Sources
- Market Definition
- Research Scope
- Methodology
- Research Sources
- Primary
- Secondary
- Paid Sources
- Market Estimation Technique
- Executive Summary
- Summary Snapshot, 2020-2028
- Key Insights
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About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
