Press Release
Global Power Electronics Market is Expected to Reach $27 Billion by 2024, Says Variant Market Research
 Published Date:  May 2017  Publish By: Variant Market Research

Global Power Electronics Market Report, published by Variant Market Research, forecast that the global market is expected to reach $27 billion by 2024 from $14 billion in 2016; growing at a CAGR of 8.6% from 2016 to 2024. By geography, Asia-Pacific and Europe are expected to grow at a CAGR of 9.2% and 8.8%, respectively, during the forecast period.

"Power Electronics Market (By Type: Power Module, Power IC, and Power Discrete; By Device: Power Diodes, Bipolar-Junction Transistor, Thyristor, IGBT, and MOSFET; By Application: Industrial System, Energy & Power, Inverter & UPS, Consumer Electronics) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"

To browse the complete report, visit at: https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/power-electronics-market

Some of the major drivers of global power electronics market are rise in adoption of power electronics in electric vehicles, and aggrandized need for power management devices. Additionally, enhanced efficiency and improved durability of power electronics is also boosting the market growth. However, current leakage at high temperature would act as a restraint for the market. Government initiatives in smart grid and HVDC are expected to generate several growth opportunities for the market in the upcoming years.

The global power electronics market is categorized into type, device, application, and geography. By type, the market is further segmented into power IC, power module, and power discrete. Power module accounted for around half of the total market share in 2016. However, the power IC segment is expected to grow at the fastest CAGR, owing to its wide application in consumer electronics and electrical appliances. The market by device is categorized into power diodes, thyristor, bipolar-junction transistor, insulated-gate bipolar transistor, and metal-oxide-semiconductor field-effect transistor. By application, the market is segregated into energy & power, industrial system, inverter & UPS, consumer electronics, and others. Energy & power dominated the application segment due to its higher adoption in smart grid and HVDC.

Geographically the market is categorized into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Asia-Pacific accounted for the largest market share of 54.2% in 2016, and is expected to continue its dominance during the forecast period. The growth is majorly attributed to improvement in power transmission and use of renewable energy. Europe accounted for the second largest market share of 21.6%. In terms of growth, Asia-Pacific is expected to grow at the fastest CAGR of 9.2% during the forecast period 2016-2024, driven by increasing demand for electric vehicle and rise in demand for consumer electronic applications.

Major players in the power electronics market include ABB Group, Infineon Technologies AG, Fuji Electric Co. Ltd., Toshiba Corporation, Rockwell Automation, Inc., Microsemi Corporation, STMicroelectronics, Texas Instruments, Inc., Mitsubishi Electric Corp., and Renesas Electronics Corporation, among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Value Chain Analysis
    3.4 Market Dynamics
          3.4.1 Drivers
                   3.4.1.1 Impact Analysis
          3.4.2 Restraints
                   3.4.2.1 Impact Analysis
          3.4.3 Opportunities
    3.5 Porter’s five forces analysis
          3.5.1 Factors Impact Analysis
Chapter 4 Power Electronics Market by Type: Market Size and Forecast, 2015 – 2024
    4.1 Power Module
          4.1.1 Current Trend and Analysis
          4.1.2 Market Size and Forecast
    4.2 Power IC
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
    4.2 Power Discrete
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
Chapter 5 Power Electronics Market By Device Type: Market Size and Forecast, 2015 – 2024
    5.1 Power Diodes
          5.1.1 Current Trend and Analysis
          5.1.2 Market Size and Forecast
    5.2 Bipolar-Junction Transistor
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
    5.3 Thyristor
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
    5.4 Insulated-Gate Bipolar Transistor
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast
    5.5 Metal-Oxide-Semiconductor Field-Effect Transistor
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast
Chapter 6 Power Electronics Market by Application Type: Market Size and Forecast, 2015 – 2024
    6.1 Industrial System
          6.1.1 Current Trend and Analysis
          6.1.2 Market Size and Forecast
    6.2 Energy & Power
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast
    6.3 Inverter & UPS
          6.3.1 Current Trend and Analysis
          6.3.2 Market Size and Forecast
    6.4 Consumer Electronics
          6.4.1 Current Trend and Analysis
          6.4.2 Market Size and Forecast
    6.5 Others
          6.5.1 Current Trend and Analysis
          6.5.2 Market Size and Forecast
Chapter 7 Power Electronics Market by Geography: Market Size and Forecast, 2015 – 2024
    7.1 North America
          7.1.1 Current Trend and Analysis
          7.1.2 Market Size and Forecast
          7.1.3 US
          7.1.4 Canada
          7.1.5 Mexico
    7.2 Europe
          7.2.1 Current Trend and Analysis
          7.2.2 Market Size and Forecast
          7.2.3 Germany
          7.2.4 France
          7.2.5 United Kingdom
          7.2.6 Others
    7.3 Asia-Pacific
          7.3.1 Current Trend and Analysis
          7.3.2 Market Size and Forecast
          7.3.3 China
          7.3.4 India
          7.3.5 Japan
          7.3.6 South Korea
          7.3.7 Others
    7.4 RoW
          7.4.1 Current Trend and Analysis
          7.4.2 Market Size and Forecast
          7.4.3 Middle East
          7.4.4 South America
          7.4.5 Africa
Chapter 8 Company Profiles
    8.1 Mitsubishi Electric Corp.
    8.2 ABB Group
    8.3 Toshiba Corporation
    8.4 Infineon Technologies AG
    8.5 Fuji Electric Co. Ltd.
    8.6 Rockwell Automation, Inc.
    8.7 STMicroelectronics
    8.8 Microsemi Corporation
    8.9 Texas Instruments, Inc.
    8.10 Renesas Electronics Corporation
List of Figures
FIG. 1 MARKET SEGMENTATION: GLOBAL POWER ELECTRONICS MARKET
FIG. 2 MARKET SHARE ANALYSIS, 2016 (%)
FIG. 3 GLOBAL POWER ELECTRONICS MARKET SHARE AND FORECAST, BY TYPE, 2016 VS. 2024 (VALUE %)
FIG. 4 POWER MODULE MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 5 POWER IC MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 6 POWER DISCRETE MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 7 GLOBAL POWER ELECTRONICS MARKET SHARE AND FORECAST, BY DEVICE, 2016 VS. 2024 (VALUE %)
FIG. 8 POWER DIODES MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 9 BIPOLAR-JUNCTION TRANSISTOR MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 10 METAL-OXIDE-SEMICONDUCTOR FIELD-EFFECT TRANSISTOR MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 11 INSULATED-GATE BIPOLAR TRANSISTOR MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 12 THYRISTOR MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 13 GLOBAL POWER ELECTRONICS MARKET SHARE AND FORECAST, BY APPLICATION 2016 VS. 2024 (VALUE %)
FIG. 14 INDUSTRIAL SYSTEM APPLICATION MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 15 ENERGY & POWER APPLICATION MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 16 CONSUMER ELECTRONICS APPLICATION MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 17 INVERTER & UPS APPLICATION MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 18 AUTOMOTIVE APPLICATION MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 19 OTHER APPLICATIONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 20 GLOBAL POWER ELECTRONICS MARKET, BY REGIONS 2016 VS 2024 (REVENUE, CAGR)
FIG. 21 NORTH AMERICA POWER ELECTRONICS MARKET, BY COUNTRIES 2016 (REVENUE, CAGR, MARKET SHARE)
FIG. 22 NORTH AMERICA POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 23 U.S. POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 24 CANADA POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 25 MEXICO POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 26 EUROPE POWER ELECTRONICS MARKET, BY COUNTRIES 2016 (REVENUE, CAGR, MARKET SHARE)
FIG. 27 EUROPE POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 28 U.K. POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 29 GERMANY POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 30 FRANCE POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 31 OTHERS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 32 ASIA-PACIFIC POWER ELECTRONICS MARKET, BY COUNTRIES 2015 (REVENUE, CAGR, MARKET SHARE)
FIG. 33 ASIA-PACIFIC POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 34 CHINA POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 35 INDIA POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 36 JAPAN POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 37 SOUTH KOREA POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 38 OTHERS POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 39 REST OF THE WORLD POWER ELECTRONICS MARKET, BY COUNTRIES 2015 (REVENUE, CAGR, MARKET SHARE)
FIG. 40 REST OF THE WORLD POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 41 SOUTH AMERICA POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 42 MIDDLE EAST POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 43 AFRICA POWER ELECTRONICS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
List of Tables
TABLE 1 GLOBAL POWER ELECTRONICS MARKET SNAPSHOT
TABLE 2 GLOBAL POWER ELECTRONICS MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 3 DRIVER OF THE GLOBAL POWER ELECTRONICS MARKET: IMPACT ANALYSIS
TABLE 4 RESTRAINTS OF THE GLOBAL POWER ELECTRONICS MARKET: IMPACT ANALYSIS
TABLE 5 POWER MODULE MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 6 POWER IC MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 7 POWER DISCRETE WEAPONS MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 8 POWER DIODES MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 9 BIPOLAR-JUNCTION TRANSISTOR MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 10 METAL-OXIDE-SEMICONDUCTOR FIELD-EFFECT TRANSISTOR MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 11 INSULATED-GATE BIPOLAR TRANSISTOR MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 12 THYRISTOR MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 13 INDUSTRIAL SYSTEM APPLICATION MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 14 ENERGY & POWER APPLICATION MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 15 CONSUMER ELECTRONICS APPLICATION MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 16 INVERTER & UPS APPLICATION MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 17 AUTOMOTIVE APPLICATION MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 18 OTHER APPLICATIONS MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 19 NORTH AMERICA POWER ELECTRONICS MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ MILLION)
TABLE 20 NORTH AMERICA POWER ELECTRONICS MARKET SIZE AND FORECAST, BY DEVICE, 2015 – 2024 ($ MILLION)
TABLE 21 NORTH AMERICA POWER ELECTRONICS MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ MILLION)
TABLE 22 EUROPE POWER ELECTRONICS MARKET SIZE AND FORECAST, BY TYPE,
TABLE 23 EUROPE POWER ELECTRONICS MARKET SIZE AND FORECAST, BY DEVICE, 2015 – 2024 ($ MILLION)
TABLE 24 EUROPE POWER ELECTRONICS MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ MILLION)
TABLE 25 ASIA-PACIFIC POWER ELECTRONICS MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ MILLION)
TABLE 26 ASIA-PACIFIC POWER ELECTRONICS MARKET SIZE AND FORECAST, BY DEVICE, 2015 – 2024 ($ MILLION)
TABLE 27 ASIA-PACIFIC POWER ELECTRONICS MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ MILLION)
TABLE 28 REST OF THE WORLD POWER ELECTRONICS MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ MILLION)
TABLE 29 REST OF THE WORLD POWER ELECTRONICS MARKET SIZE AND FORECAST, BY DEVICE, 2015 – 2024 ($ MILLION)
TABLE 30 REST OF THE WORLD POWER ELECTRONICS MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ MILLION)
TABLE 31 ABB GROUP: COMPANY SNAPSHOT
TABLE 32 MITSUBISHI ELECTRIC CORP.: COMPANY SNAPSHOT
TABLE 33 TOSHIBA CORPORATION: COMPANY SNAPSHOT
TABLE 34 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 35 FUJI ELECTRIC CO. LTD.: COMPANY SNAPSHOT
TABLE 36 ROCKWELL AUTOMATION, INC.: COMPANY SNAPSHOT
TABLE 37 STMICROELECTRONICS: COMPANY SNAPSHOT
TABLE 38 MICROSEMI CORPORATION: COMPANY SNAPSHOT
TABLE 39 TEXAS INSTRUMENTS, INC.: COMPANY SNAPSHOT
TABLE 40 RENESAS ELECTRONICS CORPORATION: COMPANY SNAPSHOT

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