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Market Research Report
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1036887

Power Electronics Market with COVID-19 Impact Analysis by Device Type (Power Discrete, Power Module, Power IC), Material (Si, SiC, GaN), Vertical (ICT, Consumer Electronics, Industrial, Automotive, Aerospace), and Geography - Global Forecast to 2026

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Power Electronics Market with COVID-19 Impact Analysis by Device Type (Power Discrete, Power Module, Power IC), Material (Si, SiC, GaN), Vertical (ICT, Consumer Electronics, Industrial, Automotive, Aerospace), and Geography - Global Forecast to 2026
Published: November 15, 2021
MarketsandMarkets
Content info: 268 Pages
Delivery time: 1-2 business days
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Description

The power electronics market is expected to grow from USD 37.4 billion in 2021 and is projected to reach USD 46.3 billion by 2026; it is expected to grow at a CAGR of 4.4% during the forecast period. Increased deployment of renewable power sources, the rapid development of EVs, and increased use of power electronics in consumer devices are expected to be the leading market drivers for power electronics. Moreover, the rise in the manufacturing of wide bandgap semiconductors is expected to provide long-term opportunities for market growth.

"Market for power modules to have highest CAGR during the forecast period"

Power modules are commonly used for power conversion in motor drives, UPS, and AC-DC power supplies. Hence, power modules have major use in renewable energy (wind turbines and solar panels) as well as in electric vehicles. Power modules improve system performance and energy efficiency by delivering increased power density, enhanced system ruggedness, and reliability across the energy and automotive sectors. High power efficiency requirements from various applications are driving the demand for power modules. The increase in adoption of EVs, renewable energy generation, charging stations, industrialization, and growing demand for consumer appliances are driving the growth of the segment.

"SiC and GaN-based power electronics to have higher growth throughout the forecast period"

the markets for SiC- and GaN-based power electronics devices are expected to grow at a significant rate. Increasing market demand from automotive manufacturers in adopting SiC-based devices for electric and hybrid vehicle manufacturing is the main factor contributing to the market demand. SiC-based devices are also used in inverters to increase the efficiency of the inverter system. SiC-based power electronics solutions also have increased reliability, greater efficiency, high operating temperature, compact size, and high voltage capabilities compared to Si-based power electronics. As such, SiC-based power electronics technology is also used in photovoltaics, charging infrastructure, and uninterruptible power supply (UPS). In communications, the rollout of 5G networking is also expected to further boost the growth of SiC in the future. With improvements in manufacturing technology, it is expected that low-cost GaN devices could have high growth in the future.

"Market for automotive & transportation vertical to grow at highest CAGR during the forecast period"

The advent of electric and hybrid vehicle production has enhanced the demand for power electronics products to a great extent. Power electronics are used in EVs that require high power electric energy to rotate the electric motors. Power converters that utilize power electronics are also used in hybrid vehicles, especially for energy regeneration and conversion. Components such as MOSFETs and IGBTs are used as power electronic switches in automotive electric and electronic systems for reducing the overall size of electronic units. Also, increasing concerns regarding environmental pollution and sustainable growth have increased government support in several countries to boost the production of electric vehicles, supported by government incentives. This is also expected to develop and expand the EV charging infrastructure and provide opportunities for the market. Hence, the market for automotive & transportation is expected to have the fastest growth during the forecast period.

"Market in APAC to grow at highest CAGR during the forecast period"

APAC is estimated to lead the power electronics market and register the highest CAGR during the forecast period. The market's growth in APAC is attributed to the large presence of consumer electronics, ICT, industrial, and automotive verticals across China, Japan, and South Korea. The increasing need for power generation and government initiatives in various countries to promote renewable energy infrastructure are also driving the overall market in APAC. Mitsubishi Electric (Japan) and Fuji Electric (Japan) are some of the key market players in this region. China is also currently investing in power electronics manufacturing to become more self-reliant while Japan already has established players for power electronics.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the power electronics market space. The break-up of primary participants for the report has been shown below:

  • By Company Type: Tier 1 - 40%, Tier 2 - 35%, and Tier 3 - 25%
  • By Designation: C-level Executives - 35%, Directors - 40%, and Others - 25%
  • By Region: North America -40%, APAC- 30%, Europe - 20%, and RoW - 10%

The report profiles key players in the power electronics market with their respective market ranking analysis. Prominent players profiled in this report are Infineon Technologies (Germany), ON Semiconductor (US), STMicroelectronics (Switzerland), Mitsubishi Electric (Japan), Vishay Intertechnology (US), Fuji Electric (Japan), NXP Semiconductors (Netherlands), Renesas Electronics (Japan), Texas Instruments (US), Toshiba (Japan), ABB (Switzerland), GaN Systems (Canada), Littelfuse (US), Maxim Integrated (US), Microchip (US), ROHM (Japan), SEMIKRON (Germany), Transphorm (US), UnitedSiC (US), and Wolfspeed, A Cree Company (US), Euclid Techlabs (US), GeneSiC (US), EPC (US), Analog Devices (US), and Hitachi (Japan).

Research Coverage:

This research report categorizes the power electronics market on the basis of device type, material, voltage, vertical, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the power electronics market and forecasts the same till 2026 (including analysis of COVID-19 impact on the market). Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the power electronics ecosystem.

Key Benefits of Buying the Report

The report would help leaders/new entrants in this market in the following ways:

1. This report segments the power electronics market comprehensively and provides the closest market size projection for all subsegments across different regions.

2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.

3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product launches, deals, and expansions.

4. The analysis of the top 25 companies, based on the strength of the market rank as well as the product footprint will help stakeholders visualize the market positioning of these key players.

Table of Contents
Product Code: SE 2434

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION AND SCOPE
    • 1.2.1 INCLUSIONS AND EXCLUSIONS
  • 1.3 STUDY SCOPE
    • FIGURE 1 SEGMENTATION OF POWER ELECTRONICS MARKET
    • 1.3.1 YEARS CONSIDERED
  • 1.4 CURRENCY & PRICING
  • 1.5 STAKEHOLDERS
  • 1.6 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 POWER ELECTRONICS MARKET: RESEARCH DESIGN
    • 2.1.1 SECONDARY AND PRIMARY RESEARCH
      • 2.1.1.1 Key industry insights
    • 2.1.2 SECONDARY DATA
      • 2.1.2.1 List of key secondary sources
      • 2.1.2.2 Key data from secondary sources
    • 2.1.3 PRIMARY DATA
      • 2.1.3.1 Breakdown of primary interviews
      • 2.1.3.2 Key data from primary sources
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 BOTTOM-UP APPROACH
      • 2.2.1.1 Approach to arrive at market size using bottom-up analysis (demand-side)
    • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
    • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: (DEMAND SIDE)- DEMAND FOR POWER ELECTRONICS
    • 2.2.2 TOP-DOWN APPROACH
      • 2.2.2.1 Approach for obtaining market size using top-down analysis (supply-side)
    • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: (SUPPLY-SIDE)-IDENTIFICATION OF SEGMENT SIZE IN POWER ELECTRONICS MARKET
    • 2.2.3 MARKET PROJECTIONS
  • 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
    • FIGURE 7 DATA TRIANGULATION
  • 2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS
    • 2.4.1 ASSUMPTIONS
    • 2.4.2 LIMITATIONS
  • 2.5 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

    • TABLE 1 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY
  • 3.1 REALISTIC SCENARIO
  • 3.2 OPTIMISTIC SCENARIO
  • 3.3 PESSIMISTIC SCENARIO
    • FIGURE 8 GROWTH PROJECTIONS OF POWER ELECTRONICS MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS
    • FIGURE 9 IMPACT OF COVID-19 ON POWER ELECTRONICS MARKET
    • FIGURE 10 POWER IC SEGMENT TO HOLD LARGEST SHARE OF POWER ELECTRONICS MARKET IN 2026
    • FIGURE 11 SILICON-BASED POWER ELECTRONICS TO ACCOUNT FOR LARGEST MARKET SHARE IN 2021
    • FIGURE 12 CONSUMER ELECTRONICS VERTICAL TO CAPTURE LARGEST MARKET SHARE THROUGHOUT FORECAST PERIOD
    • FIGURE 13 POWER ELECTRONICS MARKET IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES IN POWER ELECTRONICS MARKET
    • FIGURE 14 GLOBAL FOCUS ON RENEWABLE ENERGY GENERATION AND ELECTRIC VEHICLE UTILIZATION TO DRIVE GROWTH OF POWER ELECTRONICS MARKET
  • 4.2 POWER ELECTRONICS MARKET, BY DEVICE TYPE
    • FIGURE 15 POWER IC TO HOLD LARGEST MARKET SIZE IN 2026
  • 4.3 POWER ELECTRONICS MODULE MARKET, BY TYPE
    • FIGURE 16 STANDARD AND POWER INTEGRATED MODULES TO ACCOUNT FOR LARGER MARKET SHARE THAN INTELLIGENT POWER MODULES THROUGHOUT FORECAST PERIOD
  • 4.4 POWER ELECTRONICS MARKET, BY VERTICAL
    • FIGURE 17 CONSUMER ELECTRONICS TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2021 TO 2026
  • 4.5 POWER ELECTRONICS MARKET IN APAC, BY DEVICE TYPE AND VERTICAL
    • FIGURE 18 POWER IC AND CONSUMER ELECTRONICS SEGMENTS HELD LARGEST MARKET SHARE IN APAC, BY DEVICE TYPE AND VERTICAL, RESPECTIVELY, IN 2021
  • 4.6 POWER ELECTRONICS MARKET, BY COUNTRY
    • FIGURE 19 CHINA TO RECORD HIGHEST CAGR IN POWER ELECTRONICS MARKET DURING FORECAST PERIOD

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 20 IMPACT OF DRIVERS AND OPPORTUNITIES ON POWER ELECTRONICS MARKET
    • FIGURE 21 IMPACT OF RESTRAINTS AND CHALLENGES ON POWER ELECTRONICS MARKET
    • 5.2.1 DRIVERS
      • 5.2.1.1 High adoption of renewable power sources
      • 5.2.1.2 Rapid development of electric vehicles
    • FIGURE 22 ELECTRIC VEHICLE MARKET, 2021-2030
      • 5.2.1.3 Increased use of power electronics in consumer devices
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 Complex design and integration process
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Wide bandgap semiconductors promoting new applications of power electronics
      • 5.2.3.2 Huge investments in power electronics by China-based companies
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Ever-changing demand for miniature, highly efficient, and cost-effective devices
      • 5.2.4.2 COVID-19 impact on power electronics market
  • 5.3 TARIFFS AND REGULATIONS
    • 5.3.1 TARIFFS PERTAINING TO POWER ELECTRONICS
  • 5.4 REGULATIONS
    • 5.4.1 AEC-Q101
    • 5.4.2 ROHS
    • 5.4.3 IEEE 1662-2016
  • 5.5 CASE STUDIES
    • 5.5.1 INFINEON TECHNOLOGIES SHOWCASED POWER ELECTRONICS BASED ON GAN, SIC, AND SI MATERIALS
    • 5.5.2 INFINEON TECHNOLOGIES SHOWCASED POWER ELECTRONICS BASED ON WIDE BANDGAP SEMICONDUCTOR MATERIALS
    • 5.5.3 ON SEMICONDUCTOR SHOWCASED POWER ELECTRONICS MOSFETS FOR AUTOMOTIVE APPLICATIONS
    • 5.5.4 ON SEMICONDUCTOR SHOWCASED NEW POWER ELECTRONICS FOR AUTOMOTIVE AND INDUSTRIAL APPLICATIONS
    • 5.5.5 VISHAY INTERTECHNOLOGY RECEIVED AWARD FOR MOSFET DESIGN
    • 5.5.6 FUJI ELECTRIC EXPANDING CAPABILITIES OF SIC-BASED DIODES AND TRANSISTORS
    • 5.5.7 FUJI ELECTRIC DEVELOPS WORLD'S HIGHEST LEVEL OF LOW SPECIFIC RESISTANCE MOSFET
    • 5.5.8 FUJI ELECTRIC DEVELOPS IGBT MODULES FOR AUTOMOTIVE APPLICATIONS
    • 5.5.9 ROHM AND GEELY PARTNER TO DEVELOP SIC-BASED POWER ELECTRONICS FOR AUTOMOTIVE APPLICATION
    • 5.5.10 BEIJING SIFANG AUTOMATION USING INTEGRATED SIGNAL-CHAIN ICS FROM MAXIM INTEGRATED

6 INDUSTRY TRENDS

  • 6.1 INTRODUCTION
  • 6.2 VALUE CHAIN ANALYSIS
    • FIGURE 23 VALUE CHAIN ANALYSIS OF POWER ELECTRONICS ECOSYSTEM: R&D AND MANUFACTURING PHASES CONTRIBUTE MAXIMUM VALUE
  • 6.3 ECOSYSTEM/MARKET MAP
    • FIGURE 24 POWER ELECTRONICS MARKET ECOSYSTEM
    • 6.3.1 SUPPLIERS
    • 6.3.2 MANUFACTURERS
    • 6.3.3 DISTRIBUTORS
    • 6.3.4 OEMS
  • 6.4 TECHNOLOGY ANALYSIS
    • 6.4.1 KEY TECHNOLOGIES
      • 6.4.1.1 Renewable energy systems
      • 6.4.1.2 Automotive electronics and drives
      • 6.4.1.3 UPS
  • 6.5 TECHNOLOGY TRENDS
    • 6.5.1 300MM WAFER TECHNOLOGY
    • 6.5.2 SIC AND GAN MATERIALS
  • 6.6 PATENT ANALYSIS
    • FIGURE 25 PATENT APPLICATION TRENDS FOR POWER ELECTRONICS IN LAST FIVE YEARS
  • 6.7 TRADE DATA
    • 6.7.1 TRADE DATA
    • FIGURE 26 IMPORTS DATA FOR HS CODE 8451, BY COUNTRY, 2016-2020
    • TABLE 2 IMPORTS DATA FOR HS CODE 8541, BY COUNTRY, 2016-2020 (USD BILLION)
    • FIGURE 27 EXPORTS DATA FOR HS CODE 8541, BY COUNTRY, 2016-2020
    • TABLE 3 EXPORTS DATA FOR HS CODE 8541, BY COUNTRY, 2016-2020 (USD BILLION)
  • 6.8 PORTER'S FIVE FORCES ANALYSIS
    • TABLE 4 POWER ELECTRONICS MARKET: PORTER'S FIVE FORCES ANALYSIS
    • 6.8.1 DEGREE OF COMPETITION
    • 6.8.2 BARGAINING POWER OF SUPPLIERS
    • 6.8.3 BARGAINING POWER OF BUYERS
    • 6.8.4 THREAT FROM SUBSTITUTES
    • 6.8.5 THREAT OF NEW ENTRANTS
  • 6.9 POWER ELECTRONICS MARKET: SUPPLY CHAIN
  • 6.10 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS
    • FIGURE 28 POWER ELECTRONICS MARKET

7 POWER ELECTRONICS MARKET, BY DEVICE TYPE

  • 7.1 INTRODUCTION
    • FIGURE 29 POWER MODULE SEGMENT TO REGISTER HIGHEST CAGR IN POWER ELECTRONICS MARKET DURING FORECAST PERIOD
    • TABLE 5 POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2017-2020 (USD BILLION)
    • TABLE 6 POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2021-2026 (USD BILLION)
  • 7.2 POWER DISCRETE
    • TABLE 7 POWER ELECTRONICS MARKET FOR DISCRETE, BY DEVICE TYPE, 2017-2020 (USD BILLION)
    • TABLE 8 POWER ELECTRONICS MARKET FOR DISCRETE, BY DEVICE TYPE, 2021-2026 (USD BILLION)
    • TABLE 9 POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2017-2020 (BILLION UNITS)
    • TABLE 10 POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2021-2026 (BILLION UNITS)
    • TABLE 11 POWER ELECTRONICS MARKET FOR DISCRETE, BY VERTICAL, 2017-2020 (USD BILLION)
    • TABLE 12 POWER ELECTRONICS MARKET FOR DISCRETE, BY VERTICAL, 2021-2026 (USD BILLION)
    • FIGURE 30 POWER ELECTRONICS MARKET FOR DISCRETE DEVICES IN APAC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 13 POWER ELECTRONICS MARKET FOR DISCRETE, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 14 POWER ELECTRONICS MARKET FOR DISCRETE, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 15 POWER ELECTRONICS MARKET FOR DISCRETE IN CONSUMER ELECTRONICS, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 16 POWER ELECTRONICS MARKET FOR DISCRETE IN CONSUMER ELECTRONICS, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 17 POWER ELECTRONICS MARKET FOR DISCRETE IN INDUSTRIAL, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 18 POWER ELECTRONICS MARKET FOR DISCRETE IN INDUSTRIAL, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 19 POWER ELECTRONICS MARKET FOR DISCRETE IN ICT, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 20 POWER ELECTRONICS MARKET FOR DISCRETE IN ICT, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 21 POWER ELECTRONICS MARKET FOR DISCRETE IN AUTOMOTIVE & TRANSPORTATION, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 22 POWER ELECTRONICS MARKET FOR DISCRETE IN AUTOMOTIVE & TRANSPORTATION, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 23 POWER ELECTRONICS MARKET FOR DISCRETE IN AEROSPACE & DEFENSE, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 24 POWER ELECTRONICS MARKET FOR DISCRETE IN AEROSPACE & DEFENSE, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 25 POWER ELECTRONICS MARKET FOR DISCRETE IN OTHER INDUSTRIES, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 26 POWER ELECTRONICS MARKET FOR DISCRETE IN OTHER INDUSTRIES, BY REGION, 2021-2026 (USD MILLION)
    • 7.2.1 DIODE
      • 7.2.1.1 Mounting type and diode packaging
        • 7.2.1.1.1 Through-hole
          • 7.2.1.1.1.1 Through-hole involves the use of leads inserted into holes drilled in PCBs
        • 7.2.1.1.2 Surface mount
          • 7.2.1.1.2.1 Surface-mount involves electrical components mounted directly onto the surface of a PCB
        • 7.2.1.1.3 Categories of packaging
        • 7.2.1.1.4 Examples of packaging
    • TABLE 27 LIST OF PLAYERS OFFERING DIFFERENT TYPES OF DIODES
      • 7.2.1.2 PIN diode
        • 7.2.1.2.1 PIN diodes are mostly used in high-switching applications
      • 7.2.1.3 Zener diode
        • 7.2.1.3.1 Zener diodes are useful for voltage regulators
      • 7.2.1.4 Schottky diode
        • 7.2.1.4.1 Schottky diodes are extensively used as they consume less voltage
      • 7.2.1.5 Switching diode
        • 7.2.1.5.1 Switching diodes offer small-scale switching operations
      • 7.2.1.6 Rectifier diode
        • 7.2.1.6.1 Cost-effective solutions are mainly used for rectification
    • 7.2.2 TRANSISTORS
    • FIGURE 31 FET TRANSISTORS TO EXHIBIT HIGHEST CAGR IN POWER ELECTRONICS MARKET DURING FORECAST PERIOD
    • TABLE 28 POWER ELECTRONICS MARKET FOR TRANSISTORS, BY DEVICE TYPE, 2017-2020 (USD BILLION)
    • TABLE 29 POWER ELECTRONICS MARKET FOR TRANSISTOR, BY DEVICE TYPE, 2021-2026 (USD BILLION)
      • 7.2.2.1 Field-effect transistor (FET)
        • 7.2.2.1.1 GaN technology enables manufacturing of more efficient FETs with high input impedance
      • 7.2.2.2 Bipolar junction transistor (BJT)
        • 7.2.2.2.1 Bipolar junction transistors are mostly suitable for high-frequency applications
      • 7.2.2.3 Insulated gate bipolar transistor (IGBT)
        • 7.2.2.3.1 Insulated gate bipolar transistor provides fast switching speed and is combined with zero gate drive current
        • 7.2.2.3.2 NPT IGBT
          • 7.2.2.3.2.1 NOT IGBT is suitable for high voltage devices
        • 7.2.2.3.3 PT IGBT
          • 7.2.2.3.3.1 PT IGBT is used for higher switching speed applications
    • 7.2.3 THYRISTOR
      • 7.2.3.1 Thyristors offers cost-effective solutions across variable speed motor drives
  • 7.3 POWER MODULE
    • FIGURE 32 INTELLIGENT POWER MODULE MARKET TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD
    • TABLE 30 POWER ELECTRONICS MARKET FOR MODULE, BY TYPE, 2017-2020 (USD BILLION)
    • TABLE 31 POWER ELECTRONICS MARKET FOR MODULE, BY TYPE, 2021-2026 (USD BILLION)
    • FIGURE 33 APAC TO LEAD POWER MODULE MARKET DURING FORECAST PERIOD
    • TABLE 32 POWER ELECTRONICS MARKET FOR MODULE, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 33 POWER ELECTRONICS MARKET FOR MODULE, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 34 POWER ELECTRONICS MARKET FOR MODULE, BY VERTICAL, 2017-2020 (USD BILLION)
    • TABLE 35 POWER ELECTRONICS MARKET FOR MODULE, BY VERTICAL, 2021-2026 (USD BILLION)
    • TABLE 36 POWER ELECTRONICS MARKET FOR MODULE IN CONSUMER ELECTRONICS, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 37 POWER ELECTRONICS MARKET FOR MODULE IN CONSUMER ELECTRONICS, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 38 POWER ELECTRONICS MARKET FOR MODULE IN INDUSTRIAL, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 39 POWER ELECTRONICS MARKET FOR MODULE IN INDUSTRIAL, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 40 POWER ELECTRONICS MARKET FOR MODULE IN ICT, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 41 POWER ELECTRONICS MARKET FOR MODULE IN ICT, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 42 POWER ELECTRONICS MARKET FOR MODULE IN AUTOMOTIVE & TRANSPORTATION, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 43 POWER ELECTRONICS MARKET FOR MODULE IN AUTOMOTIVE & TRANSPORTATION, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 44 POWER ELECTRONICS MARKET FOR MODULEIN AEROSPACE & DEFENSE, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 45 POWER ELECTRONICS MARKET FOR MODULE IN AEROSPACE & DEFENSE, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 46 POWER ELECTRONICS MARKET FOR MODULE IN OTHER INDUSTRIES, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 47 POWER ELECTRONICS MARKET FOR MODULE IN OTHER INDUSTRIES, BY REGION, 2021-2026 (USD MILLION)
    • 7.3.1 INTELLIGENT POWER MODULE (IPM)
      • 7.3.1.1 Intelligent modules are compact and assembled to reduce size, cost, and time to market electronic devices
    • 7.3.2 STANDARD AND POWER INTEGRATED MODULE
    • TABLE 48 POWER ELECTRONICS MARKET FOR STANDARD & INTEGRATED MODULE, BY TYPE, 2017-2020 (USD BILLION)
    • TABLE 49 POWER ELECTRONICS MARKET FOR STANDARD & INTEGRATED MODULE, BY TYPE, 2021-2026 (USD BILLION)
      • 7.3.2.1 MOSFET module
        • 7.3.2.1.1 MOSFET, by type
          • 7.3.2.1.1.1 N-channel
  • 7.3.2.1.1.1.1 N-channel is mostly suitable for power supply and motor drive applications
          • 7.3.2.1.1.2 P-channel
  • 7.3.2.1.1.2.1 High inherent capacitance makes p-channel operable at low-switching speed
        • 7.3.2.1.2 MOSFET, by mode
          • 7.3.2.1.2.1 Depletion mode
  • 7.3.2.1.2.1.1 Depletion MOSFET is used for power supply and voltage protection applications
          • 7.3.2.1.2.2 Enhancement mode
  • 7.3.2.1.2.2.1 Enhancement mode provides high efficiency across power switching applications
      • 7.3.2.2 IGBT module
        • 7.3.2.2.1 IGBT module is mostly used in industrial and automobile applications
    • 7.3.3 OTHER MODULES
  • 7.4 POWER IC
    • TABLE 50 POWER ELECTRONICS MARKET FOR IC, BY VERTICAL, 2017-2020 (USD BILLION)
    • TABLE 51 POWER ELECTRONICS MARKET FOR IC, BY VERTICAL, 2021-2026 (USD BILLION)
    • TABLE 52 POWER ELECTRONICS MARKET FOR IC, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 53 POWER ELECTRONICS MARKET FOR IC, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 54 POWER ELECTRONICS MARKET FOR POWER IC, FOR CONSUMER ELECTRONICS, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 55 POWER ELECTRONICS MARKET FOR POWER IC, FOR CONSUMER ELECTRONICS, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 56 POWER ELECTRONICS MARKET FOR POWER IC IN INDUSTRIAL, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 57 POWER ELECTRONICS MARKET FOR POWER IC IN INDUSTRIAL, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 58 POWER ELECTRONICS MARKET FOR POWER IC IN ICT, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 59 POWER ELECTRONICS MARKET FOR POWER IC IN ICT, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 60 POWER ELECTRONICS MARKET FOR POWER IC IN AUTOMOTIVE & TRANSPORTATION, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 61 POWER ELECTRONICS MARKET FOR POWER IC IN AUTOMOTIVE & TRANSPORTATION, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 62 POWER ELECTRONICS MARKET FOR POWER IC IN AEROSPACE & DEFENSE, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 63 POWER ELECTRONICS MARKET FOR POWER IC IN AEROSPACE & DEFENSE, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 64 POWER ELECTRONICS MARKET FOR POWER IC IN OTHER INDUSTRIES, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 65 POWER ELECTRONICS MARKET FOR POWER IC IN OTHER INDUSTRIES, BY REGION, 2021-2026 (USD MILLION)
    • 7.4.1 POWER MANAGEMENT IC
      • 7.4.1.1 PMICs are used in many consumer applications
    • 7.4.2 APPLICATION-SPECIFIC IC
      • 7.4.2.1 Power ICs can be customized according to requirements of end users

8 POWER ELECTRONICS MARKET, BY MATERIAL

  • 8.1 INTRODUCTION
    • FIGURE 34 GAN-BASED POWER ELECTRONICS TO REGISTER HIGH CAGR DURING FORECAST PERIOD
    • TABLE 66 POWER ELECTRONICS MARKET, BY MATERIAL, 2017-2020 (USD BILLION)
    • TABLE 67 POWER ELECTRONICS MARKET, BY MATERIAL, 2021-2026 (USD BILLION)
  • 8.2 SILICON (SI)
    • 8.2.1 SILICON DEVICES ARE SUITABLE FOR LOW- AND MEDIUM-VOLTAGE SEMICONDUCTOR APPLICATIONS
  • 8.3 SILICON CARBIDE (SIC)
    • 8.3.1 SILICON-CARBIDE SEMICONDUCTOR DEVICES ARE DESIGNED FOR HIGH-VOLTAGE AND HIGH-TEMPERATURE APPLICATIONS
    • TABLE 68 RECENT DEVELOPMENTS FOR SIC DEVICES
  • 8.4 GALLIUM NITRIDE (GAN)
    • 8.4.1 GAN-BASED SEMICONDUCTORS OFFER WIDE BANDGAP, HIGH VOLTAGE, AND HIGH THERMAL CONDUCTIVITY
    • TABLE 69 RECENT DEVELOPMENTS FOR GAN DEVICES (2018-2020)
  • 8.5 OTHERS

9 POWER ELECTRONICS MARKET, BY VOLTAGE

  • 9.1 INTRODUCTION
    • FIGURE 35 LOW-VOLTAGE POWER ELECTRONICS TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
    • TABLE 70 POWER ELECTRONICS MARKET, BY VOLTAGE, 2017-2020 (USD BILLION)
    • TABLE 71 POWER ELECTRONICS MARKET, BY VOLTAGE, 2021-2026, (USD BILLION)
  • 9.2 LOW VOLTAGE
    • 9.2.1 GROWING ADOPTION OF LOW-VOLTAGE DEVICES IN AUTOMOTIVE, CONSUMER, AND INDUSTRIAL SECTORS TO BOOST MARKET GROWTH
    • TABLE 72 POWER ELECTRONICS MARKET FOR LOW VOLTAGE, BY REGION, 2017-2020 (USD BILLION)
    • TABLE 73 POWER ELECTRONICS MARKET FOR LOW VOLTAGE, BY REGION, 2021-2026 (USD BILLION)
  • 9.3 MEDIUM VOLTAGE
    • 9.3.1 R INCREASING USE OF MEDIUM-VOLTAGE POWER ELECTRONICS IN POWER AND ENERGY APPLICATIONS ACCELERATES MARKET GROWTH
    • TABLE 74 POWER ELECTRONICS MARKET FOR MEDIUM VOLTAGE, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 75 POWER ELECTRONICS MARKET FOR MEDIUM VOLTAGE, BY REGION, 2021-2026 (USD MILLION)
  • 9.4 HIGH VOLTAGE
    • 9.4.1 SURGING NEED FOR HIGH-VOLTAGE POWER ELECTRONICS IN HVDC APPLICATIONS
    • TABLE 76 POWER ELECTRONICS MARKET FOR HIGH VOLTAGE, BY REGION, 2017-2020 (USD BILLION)
    • TABLE 77 POWER ELECTRONICS MARKET FOR HIGH VOLTAGE, BY REGION, 2021-2026 (USD BILLION)

10 POWER ELECTRONICS, BY WAFER SIZE

  • 10.1 INTRODUCTION
  • 10.2 200MM AND LESS THAN 200MM WAFER
  • 10.3 300MM WAFER

11 POWER ELECTRONICS, BY CURRENT LEVEL

  • 11.1 INTRODUCTION
  • 11.2 UP TO 25A
  • 11.3 25A TO 40A
  • 11.4 ABOVE 40A

12 APPLICATIONS OF POWER ELECTRONICS

  • 12.1 INTRODUCTION
  • 12.2 POWER MANAGEMENT
  • 12.3 DRIVES
  • 12.4 UPS
  • 12.5 RAIL TRACTION
  • 12.6 TRANSPORTATION
  • 12.7 RENEWABLES
  • 12.8 OTHERS

13 POWER ELECTRONICS MARKET, BY VERTICAL

  • 13.1 INTRODUCTION
    • FIGURE 36 POWER ELECTRONICS MARKET FOR AUTOMOTIVE & TRANSPORTATION VERTICALS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 78 POWER ELECTRONICS MARKET, BY VERTICAL, 2017-2020 (USD BILLION)
    • TABLE 79 POWER ELECTRONICS MARKET, BY VERTICAL, 2021-2026 (USD BILLION)
  • 13.2 ICT
    • 13.2.1 ELEVATING DEMAND FOR ADVANCED POWER ELECTRONIC DEVICES TO DRIVE GROWTH OF ICT SEGMENT
    • TABLE 80 POWER ELECTRONICS MARKET FOR ICT, BY DEVICE TYPE, 2017-2020 (USD MILLION)
    • TABLE 81 POWER ELECTRONICS MARKET FOR ICT, BY DEVICE TYPE, 2021-2026 (USD MILLION)
    • TABLE 82 POWER ELECTRONICS MARKET FOR ICT, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 83 POWER ELECTRONICS MARKET FOR ICT, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 84 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR ICT, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 85 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR ICT, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 86 POWER ELECTRONICS MARKET IN EUROPE FOR ICT, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 87 POWER ELECTRONICS MARKET IN EUROPE FOR ICT, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 88 POWER ELECTRONICS MARKET IN APAC FOR ICT, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 89 POWER ELECTRONICS MARKET IN APAC FOR ICT, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 90 POWER ELECTRONICS MARKET IN ROW FOR ICT, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 91 POWER ELECTRONICS MARKET IN ROW FOR ICT, BY REGION, 2021-2026 (USD MILLION)
  • 13.3 CONSUMER ELECTRONICS
    • 13.3.1 INCREASING ADOPTION OF CONSUMER ELECTRONICS TO STIMULATE MARKET GROWTH FOR POWER MANAGEMENT IC
    • TABLE 92 POWER ELECTRONICS MARKET FOR CONSUMER ELECTRONICS, BY DEVICE TYPE, 2017-2020 (USD MILLION)
    • TABLE 93 POWER ELECTRONICS MARKET FOR CONSUMER ELECTRONICS, BY DEVICE TYPE, 2021-2026 (USD MILLION)
    • FIGURE 37 APAC TO DOMINATE POWER ELECTRONICS MARKET FOR CONSUMER ELECTRONICS THROUGHOUT FORECAST PERIOD
    • TABLE 94 POWER ELECTRONICS MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 95 POWER ELECTRONICS MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 96 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR CONSUMER ELECTRONICS, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 97 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR CONSUMER ELECTRONICS, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 98 POWER ELECTRONICS MARKET IN EUROPE FOR CONSUMER ELECTRONICS, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 99 POWER ELECTRONICS MARKET IN EUROPE FOR CONSUMER ELECTRONICS, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 100 POWER ELECTRONICS MARKET IN APAC FOR CONSUMER ELECTRONICS, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 101 POWER ELECTRONICS MARKET IN APAC FOR CONSUMER ELECTRONICS, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 102 POWER ELECTRONICS MARKET IN ROW FOR CONSUMER ELECTRONICS, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 103 POWER ELECTRONICS MARKET IN ROW FOR CONSUMER ELECTRONICS, BY COUNTRY, 2021-2026 (USD MILLION)
  • 13.4 INDUSTRIAL
    • 13.4.1 RISING DEPLOYMENT OF INDUSTRIAL MACHINERY TO DRIVE MARKET GROWTH
    • TABLE 104 POWER ELECTRONICS MARKET FOR INDUSTRIAL, BY DEVICE TYPE, 2017-2020 (USD MILLION)
    • TABLE 105 POWER ELECTRONICS MARKET FOR INDUSTRIAL, BY DEVICE TYPE, 2021-2026 (USD MILLION)
    • FIGURE 38 POWER ELECTRONICS MARKET IN APAC FOR INDUSTRIAL VERTICAL TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 106 POWER ELECTRONICS MARKET FOR INDUSTRIAL, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 107 POWER ELECTRONICS MARKET FOR INDUSTRIAL, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 108 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR INDUSTRIAL, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 109 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR INDUSTRIAL, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 110 POWER ELECTRONICS MARKET IN EUROPE FOR INDUSTRIAL, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 111 POWER ELECTRONICS MARKET IN EUROPE FOR INDUSTRIAL, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 112 POWER ELECTRONICS MARKET IN APAC FOR INDUSTRIAL, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 113 POWER ELECTRONICS MARKET IN APAC FOR INDUSTRIAL, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 114 POWER ELECTRONICS MARKET IN ROW FOR INDUSTRIAL, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 115 POWER ELECTRONICS MARKET IN ROW FOR INDUSTRIAL, BY REGION, 2021-2026 (USD MILLION)
    • 13.4.2 ENERGY AND POWER
      • 13.4.2.1 Photovoltaics
        • 13.4.2.1.1 Increasing initiatives of governments to produce clean energy to drive photovoltaics and power electronics market
      • 13.4.2.2 Wind Turbine
        • 13.4.2.2.1 Growing focus on electricity generation using wind turbines to increase demand for power electronic devices
  • 13.5 AUTOMOTIVE & TRANSPORTATION
    • 13.5.1 INCREASING IMPORTANCE OF ADVANCED POWER SEMICONDUCTOR DEVICES IN AUTOMOTIVE APPLICATIONS TO DRIVE SIC AND GAN POWER ELECTRONICS MARKET
    • FIGURE 39 POWER MODULE MARKET FOR AUTOMOTIVE & TRANSPORTATION VERTICAL TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 116 POWER ELECTRONICS MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY DEVICE TYPE, 2017-2020 (USD MILLION)
    • TABLE 117 POWER ELECTRONICS MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY DEVICE TYPE, 2021-2026 (USD MILLION)
    • FIGURE 40 APAC TO LEAD POWER ELECTRONICS MARKET FOR AUTOMOTIVE & TRANSPORTATION DURING FORECAST PERIOD
    • TABLE 118 POWER ELECTRONICS MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 119 POWER ELECTRONICS MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 120 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR AUTOMOTIVE & TRANSPORTATION, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 121 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR AUTOMOTIVE & TRANSPORTATION, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 122 POWER ELECTRONICS MARKET IN EUROPE FOR AUTOMOTIVE & TRANSPORTATION, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 123 POWER ELECTRONICS MARKET IN EUROPE FOR AUTOMOTIVE & TRANSPORTATION, BY COUNTRY, 2021-2026 (USD MILLION)
    • FIGURE 41 POWER ELECTRONICS MARKET IN CHINA FOR AUTOMOTIVE & TRANSPORTATION VERTICAL TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 124 POWER ELECTRONICS MARKET IN APAC FOR AUTOMOTIVE & TRANSPORTATION, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 125 POWER ELECTRONICS MARKET IN APAC FOR AUTOMOTIVE & TRANSPORTATION, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 126 POWER ELECTRONICS MARKET IN ROW FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 127 POWER ELECTRONICS MARKET IN ROW FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2021-2026 (USD MILLION)
      • 13.5.1.1 Powertrain
      • 13.5.1.2 Body and convenience
      • 13.5.1.3 Chassis and safety systems
      • 13.5.1.4 Infotainment
  • 13.6 AEROSPACE & DEFENSE
    • 13.6.1 HIGH POWER CAPABILITY OF GAN INCREASES ITS ADOPTION IN AEROSPACE & DEFENSE VERTICAL
    • TABLE 128 POWER ELECTRONICS MARKET FOR AEROSPACE & DEFENSE, BY DEVICE TYPE, 2017-2020 (USD MILLION)
    • TABLE 129 POWER ELECTRONICS MARKET FOR AEROSPACE & DEFENSE, BY DEVICE TYPE, 2021-2026 (USD MILLION)
    • TABLE 130 POWER ELECTRONICS MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 131 POWER ELECTRONICS MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 132 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR AEROSPACE & DEFENSE, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 133 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR AEROSPACE & DEFENSE, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 134 POWER ELECTRONICS MARKET IN EUROPE FOR AEROSPACE & DEFENSE, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 135 POWER ELECTRONICS MARKET IN EUROPE FOR AEROSPACE & DEFENSE, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 136 POWER ELECTRONICS MARKET IN APAC FOR AEROSPACE & DEFENSE, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 137 POWER ELECTRONICS MARKET IN APAC FOR AEROSPACE & DEFENSE, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 138 POWER ELECTRONICS MARKET IN ROW FOR AEROSPACE & DEFENSE, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 139 POWER ELECTRONICS MARKET IN ROW FOR AEROSPACE & DEFENSE, BY REGION, 2021-2026 (USD MILLION)
  • 13.7 OTHERS
    • TABLE 140 POWER ELECTRONICS MARKET FOR OTHER VERTICALS, BY DEVICE TYPE, 2017-2020 (USD MILLION)
    • TABLE 141 POWER ELECTRONICS MARKET FOR OTHER VERTICALS, BY DEVICE TYPE, 2021-2026 (USD MILLION)
    • TABLE 142 POWER ELECTRONICS MARKET FOR OTHER VERTICALS, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 143 POWER ELECTRONICS MARKET FOR OTHER VERTICALS, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 144 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR OTHER VERTICALS, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 145 POWER ELECTRONICS MARKET IN NORTH AMERICA FOR OTHER VERTICALS, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 146 POWER ELECTRONICS MARKET IN EUROPE FOR OTHER VERTICALS, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 147 POWER ELECTRONICS MARKET IN EUROPE FOR OTHER VERTICALS, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 148 POWER ELECTRONICS MARKET IN APAC FOR OTHER VERTICALS, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 149 POWER ELECTRONICS MARKET IN APAC FOR OTHER VERTICALS, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 150 POWER ELECTRONICS MARKET IN ROW FOR OTHER VERTICALS, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 151 POWER ELECTRONICS MARKET IN ROW FOR OTHER VERTICALS, BY REGION, 2021-2026 (USD MILLION)
  • 13.8 COVID-19 IMPACT ON VARIOUS VERTICALS

14 GEOGRAPHIC ANALYSIS

  • 14.1 INTRODUCTION
    • FIGURE 42 APAC TO LEAD POWER ELECTRONICS MARKET DURING FORECAST PERIOD
    • TABLE 152 POWER ELECTRONICS MARKET, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 153 POWER ELECTRONICS MARKET, BY REGION, 2021-2026 (USD MILLION)
  • 14.2 NORTH AMERICA
    • FIGURE 43 POWER ELECTRONICS MARKET SNAPSHOT IN NORTH AMERICA
    • TABLE 154 POWER ELECTRONICS MARKET IN NORTH AMERICA, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 155 POWER ELECTRONICS MARKET IN NORTH AMERICA, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 156 POWER ELECTRONICS MARKET IN NORTH AMERICA, BY VERTICAL, 2017-2020 (USD MILLION)
    • TABLE 157 POWER ELECTRONICS MARKET IN NORTH AMERICA, BY VERTICAL, 2021-2026 (USD MILLION)
    • TABLE 158 POWER ELECTRONICS MARKET IN NORTH AMERICA, BY VOLTAGE, 2017-2020 (USD MILLION)
    • TABLE 159 POWER ELECTRONICS MARKET IN NORTH AMERICA, BY VOLTAGE, 2021-2026 (USD MILLION)
    • TABLE 160 POWER ELECTRONICS MARKET IN NORTH AMERICA, BY DEVICE TYPE, 2017-2020 (USD MILLION)
    • TABLE 161 POWER ELECTRONICS MARKET IN NORTH AMERICA, BY DEVICE TYPE, 2021-2026 (USD MILLION)
    • 14.2.1 US
      • 14.2.1.1 US is largest market for power electronics in North America
    • 14.2.2 CANADA
      • 14.2.2.1 Power electronics are primarily used in power transmission and power management applications in Canada
    • 14.2.3 MEXICO
      • 14.2.3.1 Power electronics market in Mexico is at nascent stage
  • 14.3 EUROPE
    • FIGURE 44 POWER ELECTRONICS MARKET SNAPSHOT IN EUROPE
    • TABLE 162 POWER ELECTRONICS MARKET IN EUROPE, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 163 POWER ELECTRONICS MARKET IN EUROPE, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 164 POWER ELECTRONICS MARKET IN EUROPE, BY VERTICAL, 2017-2020 (USD MILLION)
    • TABLE 165 POWER ELECTRONICS MARKET IN EUROPE, BY VERTICAL, 2021-2026 (USD MILLION)
    • TABLE 166 POWER ELECTRONICS MARKET IN EUROPE, BY VOLTAGE, 2017-2020 (USD MILLION)
    • TABLE 167 POWER ELECTRONICS MARKET IN EUROPE, BY VOLTAGE, 2021-2026 (USD MILLION)
    • TABLE 168 POWER ELECTRONICS MARKET IN EUROPE, BY DEVICE TYPE, 2017-2020 (USD MILLION)
    • TABLE 169 POWER ELECTRONICS MARKET IN EUROPE, BY DEVICE TYPE, 2021-2026 (USD MILLION)
    • 14.3.1 UK
      • 14.3.1.1 UK government's active support to reduce carbon footprint across various verticals to propel market growth
    • 14.3.2 GERMANY
      • 14.3.2.1 Germany accounts for largest share of power electronics market in Europe
    • 14.3.3 FRANCE
      • 14.3.3.1 French government emphasizes on reducing pollution levels by promoting use of electric vehicles
    • 14.3.4 ITALY
      • 14.3.4.1 Italy is among top ten countries in Europe producing electricity from renewable energy sources
    • 14.3.5 REST OF EUROPE
  • 14.4 APAC
    • FIGURE 45 POWER ELECTRONICS MARKET SNAPSHOT IN APAC
    • TABLE 170 POWER ELECTRONICS MARKET IN APAC, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 171 POWER ELECTRONICS MARKET IN APAC, BY COUNTRY, 2021-2026 (USD MILLION)
    • TABLE 172 POWER ELECTRONICS MARKET IN APAC, BY VERTICAL, 2017-2020 (USD MILLION)
    • TABLE 173 POWER ELECTRONICS MARKET IN APAC, BY VERTICAL, 2021-2026 (USD MILLION)
    • TABLE 174 POWER ELECTRONICS MARKET IN APAC, BY VOLTAGE, 2017-2020 (USD MILLION)
    • TABLE 175 POWER ELECTRONICS MARKET IN APAC, BY VOLTAGE, 2021-2026 (USD MILLION)
    • TABLE 176 POWER ELECTRONICS MARKET IN APAC, BY DEVICE TYPE, 2017-2020 (USD MILLION)
    • TABLE 177 POWER ELECTRONICS MARKET IN APAC, BY DEVICE TYPE, 2021-2026 (USD MILLION)
    • 14.4.1 CHINA
      • 14.4.1.1 China is largest manufacturer of various consumer electronic devices
    • 14.4.2 JAPAN
      • 14.4.2.1 Japanese government is investing significantly in renewable energy and electric vehicles
    • 14.4.3 INDIA
      • 14.4.3.1 Rapid urbanization and infrastructure modernization are key factors driving market growth in India
    • 14.4.4 SOUTH KOREA
      • 14.4.4.1 Well-established consumer electronics industry in South Korea supports power electronics market growth
    • 14.4.5 REST OF APAC
  • 14.5 ROW
    • FIGURE 46 MARKET IN SOUTH AMERICA TO GROW AT HIGHER RATE THAN IN MIDDLE EAST & AFRICA DURING FORECAST PERIOD
    • TABLE 178 POWER ELECTRONICS MARKET IN ROW, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 179 POWER ELECTRONICS MARKET IN ROW, BY REGION, 2021-2026 (USD MILLION)
    • TABLE 180 POWER ELECTRONICS MARKET IN ROW, BY VERTICAL, 2017-2020 (USD MILLION)
    • TABLE 181 POWER ELECTRONICS MARKET IN ROW, BY VERTICAL, 2021-2026 (USD MILLION)
    • TABLE 182 POWER ELECTRONICS MARKET IN ROW, BY VOLTAGE, 2017-2020 (USD MILLION)
    • TABLE 183 POWER ELECTRONICS MARKET IN ROW, BY VOLTAGE, 2021-2026 (USD MILLION)
    • TABLE 184 POWER ELECTRONICS MARKET IN ROW, BY DEVICE TYPE, 2017-2020 (USD MILLION)
    • TABLE 185 POWER ELECTRONICS MARKET IN ROW, BY DEVICE TYPE, 2021-2026 (USD MILLION)
    • 14.5.1 SOUTH AMERICA
      • 14.5.1.1 Brazil would continue to be largest market for power electronics in South America
    • 14.5.2 MIDDLE EAST & AFRICA
      • 14.5.2.1 Growing construction of energy infrastructure projects are expected to drive growth of Middle Eastern market
  • 14.6 COVID-19 IMPACT ON POWER ELECTRONICS MARKET IN DIFFERENT REGIONS

15 COMPETITIVE LANDSCAPE

  • 15.1 OVERVIEW
  • 15.2 STRATEGIES OF KEY PLAYERS/MARKET EVALUATION FRAMEWORK
    • TABLE 186 OVERVIEW OF STRATEGIES ADOPTED BY POWER ELECTRONICS MANUFACTURERS FROM 2018 TO 2020
    • 15.2.1 PRODUCT PORTFOLIO
    • 15.2.2 REGIONAL FOCUS
    • 15.2.3 MANUFACTURING FOOTPRINT
    • 15.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
  • 15.3 MARKET SHARE ANALYSIS: POWER ELECTRONICS MARKET, 2020
    • TABLE 187 DEGREE OF COMPETITION, 2020
  • 15.4 FIVE-YEAR COMPANY REVENUE ANALYSIS
    • FIGURE 47 FIVE-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN POWER ELECTRONICS MARKET
  • 15.5 COMPANY EVALUATION QUADRANT
    • 15.5.1 STAR
    • 15.5.2 EMERGING LEADER
    • 15.5.3 PERVASIVE
    • 15.5.4 PARTICIPANT
    • FIGURE 48 POWER ELECTRONICS COMPANY EVALUATION QUADRANT, 2020
    • 15.5.5 COMPANY FOOTPRINT
    • TABLE 188 OVERALL COMPANY FOOTPRINT
    • TABLE 189 FOOTPRINTS OF COMPANIES, BY PRODUCT TYPE
    • TABLE 190 FOOTPRINTS OF COMPANIES, BY VERTICAL
    • TABLE 191 FOOTPRINTS OF COMPANIES, BY REGION
  • 15.6 COMPETITIVE SITUATIONS AND TRENDS
    • 15.6.1 PRODUCT LAUNCHES
    • TABLE 192 PRODUCT LAUNCHES, 2018-2020
    • 15.6.2 DEALS
    • TABLE 193 DEALS, 2018-2020
    • 15.6.3 OTHERS
    • TABLE 194 EXPANSIONS, 2018-2020

16 COMPANY PROFILES

  • (Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))**
  • 16.1 KEY PLAYERS
    • 16.1.1 INFINEON TECHNOLOGIES
    • TABLE 195 INFINEON TECHNOLOGIES: BUSINESS OVERVIEW
    • FIGURE 49 INFINEON TECHNOLOGIES: COMPANY SNAPSHOT
    • 16.1.2 ON SEMICONDUCTOR
    • TABLE 196 ON SEMICONDUCTOR: BUSINESS OVERVIEW
    • FIGURE 50 ON SEMICONDUCTOR: COMPANY SNAPSHOT
    • 16.1.3 STMICROELECTRONICS
    • TABLE 197 STMICROELECTRONICS: BUSINESS OVERVIEW
    • FIGURE 51 STMICROELECTRONICS: COMPANY SNAPSHOT
    • 16.1.4 MITSUBISHI ELECTRIC
    • TABLE 198 MITSUBISHI ELECTRIC: BUSINESS OVERVIEW
    • FIGURE 52 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT
    • 16.1.5 VISHAY INTERTECHNOLOGY
    • TABLE 199 VISHAY INTERTECHNOLOGY: BUSINESS OVERVIEW
    • FIGURE 53 VISHAY INTERTECHNOLOGY: COMPANY SNAPSHOT
    • 16.1.6 FUJI ELECTRIC
    • TABLE 200 FUJI ELECTRIC: BUSINESS OVERVIEW
    • FIGURE 54 FUJI ELECTRIC: COMPANY SNAPSHOT
    • 16.1.7 NXP SEMICONDUCTORS
    • TABLE 201 NXP SEMICONDUCTORS: BUSINESS OVERVIEW
    • FIGURE 55 NXP SEMICONDUCTORS: COMPANY SNAPSHOT
    • 16.1.8 RENESAS ELECTRONICS
    • TABLE 202 RENESAS ELECTRONICS: BUSINESS OVERVIEW
    • FIGURE 56 RENESAS ELECTRONICS: COMPANY SNAPSHOT
    • 16.1.9 TEXAS INSTRUMENTS
    • TABLE 203 TEXAS INSTRUMENTS: BUSINESS OVERVIEW
    • FIGURE 57 TEXAS INSTRUMENTS: COMPANY SNAPSHOT
    • 16.1.10 TOSHIBA GROUP
    • TABLE 204 TOSHIBA GROUP: BUSINESS OVERVIEW
    • FIGURE 58 TOSHIBA GROUP: COMPANY SNAPSHOT
  • 16.2 OTHER KEY PLAYERS
    • 16.2.1 ABB
    • 16.2.2 GAN SYSTEMS
    • 16.2.3 LITTELFUSE
    • 16.2.4 MAXIM INTEGRATED
    • 16.2.5 MICROCHIP
    • 16.2.6 ROHM
    • 16.2.7 SEMIKRON
    • 16.2.8 TRANSPHORM
    • 16.2.9 UNITEDSIC
    • 16.2.10 WOLFSPEED, A CREE COMPANY
    • 16.2.11 EUCLID TECHLABS
    • 16.2.12 GENESIC
    • 16.2.13 EPC
    • 16.2.14 ANALOG DEVICES
  • *Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

17 APPENDIX

  • 17.1 DISCUSSION GUIDE
  • 17.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 17.3 AVAILABLE CUSTOMIZATIONS
  • 17.4 RELATED REPORTS
  • 17.5 AUTHOR DETAILS