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Worst May be Over for Power Semiconductors Market; How Industry Players Will Regain 9.01% Growth Cycle Again
Power Semiconductors Market Latest Edition Published with Forecast to 2027- Mar 2, 2022
- Semiconductors
AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Power Semiconductors market - Global outlook to 2026".
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Power Semiconductors market to grow at a CAGR of 9.01%.
The Modules, such as Power Modules, is boosting the Power Semiconductors market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Power Semiconductors market will experience significant growth during the forecast period due to potential opportunities lying in the market such as. Some of the important driving forces are “Increasing use of Non-conventional Energy Sources, Growing Need for Efficient Power Management and Rising Adoption of Power Semiconductors in the IT & Consumer Electronic Industry, Automotive, Power Distribution, etc.”.
Power semiconductors are used in power conversion such as in changing voltages and frequencies, as well as changing DC to AC and AC to DC. It plays a huge and indispensable role in driving motors from low to high speeds, supplying power grids with power generated from solar cells with less power loss, and providing a stable source of electricity to various home appliances and electrical equipment. Further, due to the incorporation of power semiconductors advanced technologies in consumer electronics, such as smartphones, smartwatches, and IoT devices, to work as small electronic gadgets and facilitate easy access of technology is gaining traction for the power semiconductors market.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Power Semiconductors market by Type (Thyristor/Diode, MOSFET, IGBT, SiC, GaN and Others), by Application (Tele/Data Communication, Computer Systems, Industrial, Office Equipment, Transportation, Medical and Energy & Power) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Power Semiconductors market to grow at a CAGR of 9.01%.
The Modules, such as Power Modules, is boosting the Power Semiconductors market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Power Semiconductors market will experience significant growth during the forecast period due to potential opportunities lying in the market such as
Power semiconductors are used in power conversion such as in changing voltages and frequencies, as well as changing DC to AC and AC to DC. It plays a huge and indispensable role in driving motors from low to high speeds, supplying power grids with power generated from solar cells with less power loss, and providing a stable source of electricity to various home appliances and electrical equipment. Further, due to the incorporation of power semiconductors advanced technologies in consumer electronics, such as smartphones, smartwatches, and IoT devices, to work as small electronic gadgets and facilitate easy access of technology is gaining traction for the power semiconductors market.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Power Semiconductors market by Type (Thyristor/Diode, MOSFET, IGBT, SiC, GaN and Others), by Application (Tele/Data Communication, Computer Systems, Industrial, Office Equipment, Transportation, Medical and Energy & Power) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market
Craig Francis
PR & Marketing Manager