A recent report published by Infinium Global Research on power semiconductor market provides in depth analysis of segments and sub-segments in global as well as regional markets of power semiconductor market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional markets of power semiconductor over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global power semiconductor market. According to report the global power semiconductor market is projected to grow at a CAGR of 5.6% over the forecast period of 2018 - 2024.
Market Insights
New safety features in automotive industry have increased the power consumption and also use of non-conventional sources of energy such as tidal, wind are driving the growth of power semiconductor market. Additionally, increase in the popularity of electric vehicles and plug-in electric vehicles accounted for significant growth in the market. However, limited technological advancement in the field of power semiconductor has restrained the growth of the market. Moreover, limited technological advancement in the field of power semiconductors is providing huge opportunities for the key players in the power semiconductor market.
Segments Covered
The report on global power semiconductor market covers segments such as material, component and end-use. The material segments include silicon carbide (SIC), silicon/ germanium and gallium nitride (GAN).On the basis of component the global power semiconductor market is categorized into IGBT, diode, power MOSFET, thyristors and rectifiers. Furthermore, on the basis of end-use the power semiconductor market is segmented as telecommunication, aerospace & defense, healthcare, automotive, industrial, consumer electronics and others.
Geographic Coverage
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2016 – 2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018 - 2024.
Companies Profiled:
The report provides profiles of the companies in the global power semiconductor market such as, ON Semiconductor, Mitsubishi Electric Group, ST Microelectronics N.V, Texas Instruments, Toshiba Corporation, Semikron International GmbH, Fuji Electric Co. Ltd, Infineon Technologies AG, Broadcom limited, and Renesas electronic Co.
Report Highlights:
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