Discrete Power Electronics Market size was USD 1.42 billion in 2023 and is expected to grow to USD 2.49 billion by 2030 at a CAGR of 8.3%.
Discrete Power Electronics Market Overview:
This comprehensive study aims to provide an in-depth analysis of the Discrete Power Electronics Market across various geographies, industries, and segments. The report delves into the key drivers propelling growth within the Discrete Power Electronics Market sector, accompanied by a detailed examination of its value chain.
The Discrete Power Electronics Market study offers a wide array of customizable services, including literature research, refurbished market and product base analysis, clinical trial findings, price trend analysis of target brands, and market insights for global regions. Additionally, it encompasses technology-focused research on competitor market strategies, accommodating diverse competitor data formats and types.
Discrete Power Electronics Market Report Scope:
The research methodology for assessing and forecasting the Discrete Power Electronics Market begins with gathering revenue data from primary suppliers through secondary research sources. Market segmentation is meticulously crafted based on vendor offerings, employing a bottom-up approach to estimate the overall market size driven by major firms' revenues.
This market research study provides annual forecasts up to 2030, detailing insights into key Discrete Power Electronics market end users. The report calculates global Discrete Power Electronics market revenue, sales figures, and growth rates.
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Discrete Power Electronics Market Dynamics:
Increasing demand for discrete power electronics in consumer electronics for domestic uses as well as aerospace and defence propels the Discrete Power Electronics Market growth during the forecast period. In the aerospace and defence sector, discrete power electronics products are adopted for various applications such as landing gear, defensive aids systems (DAS), power drive controls, engine systems and controls, cabin lighting, avionics, flight control, navigation, communications etc. The rapid expansion of electric vehicle manufacturing is considerably contributing to the growth of the Discrete Power Electronics industry. Discrete Power Electronics is utilised in numerous parts of electric vehicles to govern electric energy flow and play a vital role in energy management. Surveys conducted by International Energy Agency (IEA) represents, there were more than 10 million electric automobiles manufactured worldwide in 2020 with a 43 percent increase from 2019, which represents that any growth in the electric vehicles market eventually leads to an rise in the market demand for Discrete Power Electronics.
Discrete Power Electronics Market Segmentation:
by Material
1.Silicon
2.Silicon Carbide
3.Gallium Nitride
by Voltage
1.Low
2.Medium
3.High
by End User
1.Information Communications Technology (ICT)
2.Consumer Electronics
3.Energy and Power
4.Industrial
5.Automotive
6.Aerospace and Defence
Discrete Power Electronics Market Key Players:
1.Infineon Technologies
2. ON Semiconductor
3.STMicroelectronics
4. Vishay Intertechnology
5. Toshiba Electronic Devices & Storage Corporation
6. Renesas Electronics Corporation
7. Mitsubishi Electric Corporation
8. Nexperia
9. Toshiba Corporation
10. ROHM Semiconductor
11. Diodes Incorporated
12. NXP Semiconductors
13. Texas Instruments
14.Fairchild Semiconductor
15. Semtech Corporation
16. Microsemi Corporation Toshiba Corporation
17.NXP Semiconductors LLC
18.SEMIKRON
19. Mitsubishi Electric Corporation
20.Texas Instruments Incorporated
Discrete Power Electronics Market, by Region:
The regional analysis section of the Discrete Power Electronics Market includes specific factors influencing market dynamics and legislative changes impacting current and future trends. Predictive factors for individual countries encompass consumption patterns, production volumes and sites, import-export dynamics, price trends, raw material costs, and upstream and downstream value chain assessments.
Key questions answered in the Discrete Power Electronics Market Report:
- What is the expected CAGR of the Discrete Power Electronics Market from 2024 to 2030?
- Which segment is projected to lead the Discrete Power Electronics Market by 2030?
- Who are the prominent players in the Discrete Power Electronics Market?
- What emerging trends are likely to shape the Discrete Power Electronics Market during the forecast period?
- What is the compound annual growth rate of the Discrete Power Electronics Market projected between 2029 and 2030?
- Which sector dominated the Discrete Power Electronics Market in 2020?
- Which companies hold significant market share in the Discrete Power Electronics Market?
- What major trends are anticipated to emerge in the Discrete Power Electronics Market during the forecast period?
Key offerings:
- Comprehensive segmentation analysis of the Discrete Power Electronics Market.
- Detailed sector-wide market analysis.
- Financial forecasts and revenue estim ations pertaining to market trends.
- Examination of crucial market factors: trends, investment opportunities, growth drivers, and constraints.
- Competitive landscape analysis, encompassing key market participants and stakeholders.
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