Global Power Electronics Market Size & Outlook, 2023-2030
Global power electronics market, 2018-2030 (US$M)
Global power electronics market highlights
- An overview of the global power electronics market trends heading towards 2030. The global market generated a revenue of USD 38,118.8 million in 2023 and is expected to reach USD 53,660.5 million by 2030.
- The overall growth of the global market from 2023 to 2030. The market is expected to grow at a CAGR (2024 - 2030) of 5% to attain a revenue of USD 53,660.5 million by 2030.
- A look at the global market revenues per segment in 2023. In terms of segment, silicon (si) accounted for a revenue of USD 38,118.8 million in 2023.
- The segment witnessing the fastest revenue growth within the market. Silicon (Si) is the most lucrative material segment registering the fastest growth during the forecast period.
- An overview of global market per region and country. In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 38,118.8 million |
| Market revenue in 2030 | USD 53,660.5 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Silicon (si) |
| Fastest growing segment | Silicon (Si) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Silicon (Si) |
Other key industry trends
- In terms of revenue, the North America accounted for 23.1% of the global power electronics market in 2023.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Power Electronics Market Scope
Power Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Texas Instruments Incorporated | View profile | - | - | - |
| Renesas Electronics Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | https://www.renesas.com |
| Vishay Intertechnology Inc | View profile | 23500 | 63 Lancaster Avenue, Malvern, PA, United States, 19355-2143 | https://www.vishay.com |
| ABB Ltd ADR | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| Rohm Co Ltd | View profile | 23751 | 21, Saiin Mizosaki-cho, Ukyo-ku, Kyoto, Japan, 615-8585 | http://www.rohm.co.jp |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
Global power electronics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to power electronics market will help companies and investors design strategic landscapes.
Silicon (si) was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global power electronics market based on silicon (si) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Power Electronics Material Outlook (Revenue, USD Million, 2018-2030)
- Silicon (Si)
- Gallium Nitride (GaN)
- Sapphire
- Silicon Carbide (SiC)
- Global Power Electronics Device Outlook (Revenue, USD Million, 2018-2030)
- Module
- Discrete
- Global Power Electronics Application Outlook (Revenue, USD Million, 2018-2030)
- Industrial
- ICT
- Consumer Electronics
- Power
- Others
- Automotive
- Aerospace & Defense
Reasons to subscribe to Global power electronics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global power electronics market databook
-
Our clientele includes a mix of power electronics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global power electronics market , including forecasts for subscribers. This global databook contains high-level insights into Global power electronics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global power electronics market size, by regions, 2018-2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
