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.
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Power Electronics Market Scope
Power Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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)
- Sapphire
- Silicon Carbide (SiC)
- Gallium Nitride (GaN)
- Global Power Electronics Device Outlook (Revenue, USD Million, 2018-2030)
- Discrete
- Module
- Global Power Electronics Application Outlook (Revenue, USD Million, 2018-2030)
- ICT
- Consumer Electronics
- Power
- Industrial
- Automotive
- Aerospace & Defense
- Others
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Target buyers of Global power electronics market databook
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Our clientele includes a mix of power electronics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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.
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Global power electronics market size, by regions, 2018-2030 (US$M)
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