Europe Power Electronics Market Size & Outlook, 2023-2030
Europe power electronics market, 2018-2030 (US$M)
Europe power electronics market highlights
- An overview of the Europe power electronics market trends heading towards 2030. The Europe market generated a revenue of USD 9,553.3 million in 2023.
- The overall growth of the Europe market from 2023 to 2030. The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- A look at the Europe market revenues per segment in 2023. In terms of segment, silicon (si) was the largest revenue generating material 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.
Europe data book summary
| Market revenue in 2023 | USD 9,553.3 million |
| Market revenue in 2030 | USD 14,381.0 million |
| Growth rate | 6% (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, Europe region accounted for 25.1% of the global power electronics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 4,614.8 million by 2030.
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 |
|---|
Europe 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 Europe power electronics market based on silicon (si) covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Europe 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 Europe 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 continent-level data and insights on the Europe power electronics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe power electronics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe power electronics market
Related industry reports
Related regional 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
