Global Power Electronics Market By Device Type (Power Discrete, Power Module and Power IC), By Material (Silicon, Silicon Carbide, Gallium Nitride and Others), By Voltage (Low Voltage, Medium Voltage, High Voltage), By Application (ICT, Consumer Electronics, Industrial, Automotive, Aerospace and Defence, and Others), By Region, Competition, Forecast and Opportunities, 2021-2031F

  • Industry : ICT
  • Pages : 110
  • Published Date : December, 2025

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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 52.85 Billion

CAGR (2026-2031)

6.28%

Fastest Growing Segment

Consumer Electronics

Largest Market

North America

Market Size (2031)

USD 76.16 Billion

Market Overview

The Global Power Electronics Market will grow from USD 52.85 Billion in 2025 to USD 76.16 Billion by 2031 at a 6.28% CAGR. Power electronics involve the utilization of solid-state electronics for the effective control and conversion of electric power in diverse energy systems. The market is primarily supported by the accelerating transition toward renewable energy, the expansion of industrial automation, and the comprehensive electrification of the transportation sector. To support these growing applications, the industry is significantly increasing its production infrastructure to meet the demand for critical components. According to SEMI, in 2025, global semiconductor capacity was projected to reach 33.6 million wafers per month.

However, the market encounters a significant challenge related to the high fabrication costs and supply chain complexities of wide-bandgap materials such as silicon carbide. Although these materials provide superior energy efficiency, their intricate manufacturing requirements and lower yields compared to traditional silicon can impede scalable production. This technical barrier creates difficulty in achieving cost-effective mass adoption, thereby slowing the broader commercialization of next-generation power modules.

Key Market Drivers

The accelerated adoption of electric and hybrid vehicles serves as a primary catalyst for the power electronics sector. As automotive manufacturers transition away from internal combustion engines, the demand for essential components such as traction inverters, on-board chargers, and battery management systems has surged. These subsystems rely heavily on advanced power modules to manage high voltages and ensure efficient energy transfer within the drivetrain, pushing the industry toward materials that offer higher power density. According to the International Energy Agency, April 2024, in the 'Global EV Outlook 2024', global sales of electric cars neared 14 million in 2023, reflecting a robust shift toward electrified mobility that directly necessitates increased semiconductor volume.

Simultaneously, the expansion of renewable energy generation and integration drives significant market momentum. Solar photovoltaic systems and wind turbines require sophisticated inverters and converters to transform variable direct current into stable alternating current for grid compatibility. This transition necessitates high-efficiency power devices capable of handling substantial power loads with minimal energy loss. According to the International Energy Agency, January 2024, in the 'Renewables 2023' report, global annual renewable capacity additions increased by almost 50% to nearly 510 gigawatts in 2023. To accommodate such rapid industry growth, major players are aggressively expanding manufacturing capabilities. According to Infineon Technologies AG, in 2024, the company committed an additional five billion euros to expand its silicon carbide power fabrication facility in Malaysia.

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Key Market Challenges

The substantial fabrication costs and intricate supply chain requirements associated with wide-bandgap materials, specifically silicon carbide, constitute a primary obstacle to the scalable growth of the global power electronics market. Although these materials provide enhanced energy efficiency, their complex manufacturing cycle leads to lower production yields relative to established silicon-based components. This discrepancy results in elevated unit prices, which deters widespread adoption in price-sensitive industries such as automotive manufacturing and consumer appliances. Consequently, the inability to achieve cost parity with traditional technologies creates a bottleneck that delays the comprehensive commercialization of next-generation power modules.

This challenge significantly increases the capital intensity required for market entry and expansion, forcing companies to allocate vast resources toward specialized infrastructure rather than immediate product proliferation. The magnitude of the financial commitment needed to address these manufacturing hurdles effectively limits the number of players capable of scaling production. According to SEMI, in October 2025, the power-related segment, including compound semiconductors, was projected to invest $27 billion in equipment spending over the subsequent three years. Such high capital requirements for fabrication facilities directly hamper the speed at which manufacturers can ramp up production, thereby moderating the overall pace of market expansion.

Key Market Trends

The transition toward 800V electrical architectures in electric vehicles represents a critical evolution aimed at reducing charging times and enhancing system efficiency. By doubling the operating voltage from the standard 400V, automotive engineers can significantly lower current levels, which reduces resistive heating and allows for the use of thinner, lighter cabling. This shift directly impacts the power electronics market by necessitating advanced traction inverters and onboard chargers capable of withstanding higher thermal and electrical stresses, driving the demand for specialized silicon carbide components. To support this high-voltage ecosystem, major component suppliers are heavily investing in localized manufacturing. According to Onsemi, June 2024, in a company press release, the manufacturer announced plans to invest up to 2 billion dollars to establish a vertically integrated silicon carbide manufacturing facility in the Czech Republic.

Simultaneously, the proliferation of artificial intelligence is forcing data centers to shift from legacy 12V to 48V power distribution architectures. Modern high-performance computing racks require power densities that render 12V systems inefficient due to excessive copper losses and bulky cabling requirements. A 48V intermediate bus architecture mitigates these issues by delivering power more efficiently to the server motherboard, where point-of-load converters then step it down for specific processors. This structural change is essential to manage the surging global energy load created by computational processing. According to the International Energy Agency, January 2024, in the 'Electricity 2024' report, electricity consumption from data centers, artificial intelligence, and the cryptocurrency sector could double to roughly 1,000 terawatt-hours by 2026.

Segmental Insights

The Consumer Electronics segment is emerging as the fastest-growing category in the Global Power Electronics Market, driven by the widespread adoption of smart devices and portable technology. As users demand products with extended battery duration and rapid charging capabilities, manufacturers are increasingly integrating efficient power management components to optimize performance. Additionally, stringent energy consumption regulations enforced by organizations such as the European Commission compel the industry to develop power solutions that minimize electricity waste. This strong emphasis on energy efficiency and device functionality establishes consumer electronics as a primary driver of market expansion.

Regional Insights

North America maintains a leading position in the global power electronics market due to the extensive adoption of electric vehicles and renewable energy systems. The region benefits from a well-established industrial infrastructure and strategic government initiatives focused on modernizing energy grids. Organizations such as the U.S. Department of Energy actively support research into energy-efficient technologies, which accelerates the development of advanced power management components. Furthermore, the high concentration of key semiconductor manufacturers enables faster commercialization of products, ensuring the region continues to drive global market trends.

Recent Developments

  • In December 2025, onsemi announced a strategic collaboration with Innoscience to accelerate the global adoption of gallium nitride (GaN) power devices. The companies signed a memorandum of understanding to establish a partnership that leverages onsemi’s integrated system capabilities and Innoscience’s large-scale manufacturing expertise. This cooperation aimed to deliver efficient and cost-effective GaN solutions for various markets, including automotive, AI data centers, and industrial applications. The initiative was designed to expand the availability of low- and medium-voltage power semiconductors, addressing the increasing demand for energy-efficient technologies while targeting a significant share of the global power semiconductor market.
  • In October 2024, Infineon Technologies AG entered into a partnership with AWL-Electricity Inc. to advance wireless power transfer capabilities using gallium nitride technology. The collaboration integrated Infineon’s GaN power transistors with the partner’s resonant capacitive coupling system to achieve high efficiency in wireless power transmission at high frequencies. This joint effort targeted improvements in system lifetime and reduced operational costs for industrial and automotive applications, such as automated guided vehicles and vehicle interiors. The alliance sought to eliminate the need for physical charging ports, thereby facilitating fully sealed system designs and reducing battery consumption in connected devices.
  • In September 2024, Mitsubishi Electric Corporation commenced the large-scale supply of power semiconductor chips manufactured on 12-inch silicon wafers from its Fukuyama Factory. This operational milestone was part of the company’s strategy to double its wafer processing capacity by fiscal 2026 compared to earlier levels. The chips were intended for assembly into semiconductor modules used initially in consumer products, with future applications contributing to green transformation initiatives. This development allowed the company to ensure a stable and timely provision of components to meet the rising global demand for energy-saving power electronics equipment.
  • In September 2024, STMicroelectronics introduced its fourth generation of silicon carbide (SiC) power technology specifically tailored for traction inverters in electric vehicles. The new power MOSFETs were engineered to improve energy efficiency and power density in both 400V and 800V electric vehicle bus systems. This launch focused on addressing the requirements of mid-size and compact electric cars by providing optimized switching speeds and lower on-resistance. The company aimed to support mass market adoption of electric mobility through these advanced semiconductor devices, which were scheduled for volume production in the subsequent year to meet automotive industry needs.

Key Market Players

  • Mitsubishi Electric Corporation
  • Fuji Electric Co. Ltd.
  • Toshiba Corporation
  • Infineon Technologies AG
  • ON Semiconductor Corporation
  • STMicroelectronics International N.V.
  • Texas Instruments Incorporated
  • Renesas Electronics Corporation
  • Vishay Intertechnology Inc.
  • NXP Semiconductors N.V.

By Device Type

By Material

By Voltage

By Application

By Region

  • Power Discrete
  • Power Module and Power IC
  • Silicon
  • Silicon Carbide
  • Gallium Nitride and Others
  • Low Voltage
  • Medium Voltage
  • High Voltage
  • ICT
  • Consumer Electronics
  • Industrial
  • Automotive
  • Aerospace and Defence
  • and Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Power Electronics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Power Electronics Market, By Device Type:
  • Power Discrete
  • Power Module and Power IC
  • Power Electronics Market, By Material:
  • Silicon
  • Silicon Carbide
  • Gallium Nitride and Others
  • Power Electronics Market, By Voltage:
  • Low Voltage
  • Medium Voltage
  • High Voltage
  • Power Electronics Market, By Application:
  • ICT
  • Consumer Electronics
  • Industrial
  • Automotive
  • Aerospace and Defence
  • and Others
  • Power Electronics Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Power Electronics Market.

Available Customizations:

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Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Power Electronics Market Outlook

5.1.  Market Size & Forecast

5.1.1.  By Value

5.2.  Market Share & Forecast

5.2.1.  By Device Type (Power Discrete, Power Module and Power IC)

5.2.2.  By Material (Silicon, Silicon Carbide, Gallium Nitride and Others)

5.2.3.  By Voltage (Low Voltage, Medium Voltage, High Voltage)

5.2.4.  By Application (ICT, Consumer Electronics, Industrial, Automotive, Aerospace and Defence, and Others)

5.2.5.  By Region

5.2.6.  By Company (2025)

5.3.  Market Map

6.    North America Power Electronics Market Outlook

6.1.  Market Size & Forecast

6.1.1.  By Value

6.2.  Market Share & Forecast

6.2.1.  By Device Type

6.2.2.  By Material

6.2.3.  By Voltage

6.2.4.  By Application

6.2.5.  By Country

6.3.    North America: Country Analysis

6.3.1.    United States Power Electronics Market Outlook

6.3.1.1.  Market Size & Forecast

6.3.1.1.1.  By Value

6.3.1.2.  Market Share & Forecast

6.3.1.2.1.  By Device Type

6.3.1.2.2.  By Material

6.3.1.2.3.  By Voltage

6.3.1.2.4.  By Application

6.3.2.    Canada Power Electronics Market Outlook

6.3.2.1.  Market Size & Forecast

6.3.2.1.1.  By Value

6.3.2.2.  Market Share & Forecast

6.3.2.2.1.  By Device Type

6.3.2.2.2.  By Material

6.3.2.2.3.  By Voltage

6.3.2.2.4.  By Application

6.3.3.    Mexico Power Electronics Market Outlook

6.3.3.1.  Market Size & Forecast

6.3.3.1.1.  By Value

6.3.3.2.  Market Share & Forecast

6.3.3.2.1.  By Device Type

6.3.3.2.2.  By Material

6.3.3.2.3.  By Voltage

6.3.3.2.4.  By Application

7.    Europe Power Electronics Market Outlook

7.1.  Market Size & Forecast

7.1.1.  By Value

7.2.  Market Share & Forecast

7.2.1.  By Device Type

7.2.2.  By Material

7.2.3.  By Voltage

7.2.4.  By Application

7.2.5.  By Country

7.3.    Europe: Country Analysis

7.3.1.    Germany Power Electronics Market Outlook

7.3.1.1.  Market Size & Forecast

7.3.1.1.1.  By Value

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.  By Device Type

7.3.1.2.2.  By Material

7.3.1.2.3.  By Voltage

7.3.1.2.4.  By Application

7.3.2.    France Power Electronics Market Outlook

7.3.2.1.  Market Size & Forecast

7.3.2.1.1.  By Value

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.  By Device Type

7.3.2.2.2.  By Material

7.3.2.2.3.  By Voltage

7.3.2.2.4.  By Application

7.3.3.    United Kingdom Power Electronics Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.  By Value

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.  By Device Type

7.3.3.2.2.  By Material

7.3.3.2.3.  By Voltage

7.3.3.2.4.  By Application

7.3.4.    Italy Power Electronics Market Outlook

7.3.4.1.  Market Size & Forecast

7.3.4.1.1.  By Value

7.3.4.2.  Market Share & Forecast

7.3.4.2.1.  By Device Type

7.3.4.2.2.  By Material

7.3.4.2.3.  By Voltage

7.3.4.2.4.  By Application

7.3.5.    Spain Power Electronics Market Outlook

7.3.5.1.  Market Size & Forecast

7.3.5.1.1.  By Value

7.3.5.2.  Market Share & Forecast

7.3.5.2.1.  By Device Type

7.3.5.2.2.  By Material

7.3.5.2.3.  By Voltage

7.3.5.2.4.  By Application

8.    Asia Pacific Power Electronics Market Outlook

8.1.  Market Size & Forecast

8.1.1.  By Value

8.2.  Market Share & Forecast

8.2.1.  By Device Type

8.2.2.  By Material

8.2.3.  By Voltage

8.2.4.  By Application

8.2.5.  By Country

8.3.    Asia Pacific: Country Analysis

8.3.1.    China Power Electronics Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.  By Device Type

8.3.1.2.2.  By Material

8.3.1.2.3.  By Voltage

8.3.1.2.4.  By Application

8.3.2.    India Power Electronics Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.  By Device Type

8.3.2.2.2.  By Material

8.3.2.2.3.  By Voltage

8.3.2.2.4.  By Application

8.3.3.    Japan Power Electronics Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.  By Device Type

8.3.3.2.2.  By Material

8.3.3.2.3.  By Voltage

8.3.3.2.4.  By Application

8.3.4.    South Korea Power Electronics Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.  By Value

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.  By Device Type

8.3.4.2.2.  By Material

8.3.4.2.3.  By Voltage

8.3.4.2.4.  By Application

8.3.5.    Australia Power Electronics Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.  By Value

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.  By Device Type

8.3.5.2.2.  By Material

8.3.5.2.3.  By Voltage

8.3.5.2.4.  By Application

9.    Middle East & Africa Power Electronics Market Outlook

9.1.  Market Size & Forecast

9.1.1.  By Value

9.2.  Market Share & Forecast

9.2.1.  By Device Type

9.2.2.  By Material

9.2.3.  By Voltage

9.2.4.  By Application

9.2.5.  By Country

9.3.    Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Power Electronics Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.  By Device Type

9.3.1.2.2.  By Material

9.3.1.2.3.  By Voltage

9.3.1.2.4.  By Application

9.3.2.    UAE Power Electronics Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.  By Device Type

9.3.2.2.2.  By Material

9.3.2.2.3.  By Voltage

9.3.2.2.4.  By Application

9.3.3.    South Africa Power Electronics Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.  By Device Type

9.3.3.2.2.  By Material

9.3.3.2.3.  By Voltage

9.3.3.2.4.  By Application

10.    South America Power Electronics Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Device Type

10.2.2.  By Material

10.2.3.  By Voltage

10.2.4.  By Application

10.2.5.  By Country

10.3.    South America: Country Analysis

10.3.1.    Brazil Power Electronics Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Device Type

10.3.1.2.2.  By Material

10.3.1.2.3.  By Voltage

10.3.1.2.4.  By Application

10.3.2.    Colombia Power Electronics Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Device Type

10.3.2.2.2.  By Material

10.3.2.2.3.  By Voltage

10.3.2.2.4.  By Application

10.3.3.    Argentina Power Electronics Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Device Type

10.3.3.2.2.  By Material

10.3.3.2.3.  By Voltage

10.3.3.2.4.  By Application

11.    Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.    Market Trends & Developments

12.1.  Merger & Acquisition (If Any)

12.2.  Product Launches (If Any)

12.3.  Recent Developments

13.    Global Power Electronics Market: SWOT Analysis

14.    Porter's Five Forces Analysis

14.1.  Competition in the Industry

14.2.  Potential of New Entrants

14.3.  Power of Suppliers

14.4.  Power of Customers

14.5.  Threat of Substitute Products

15.    Competitive Landscape

15.1.  Mitsubishi Electric Corporation

15.1.1.  Business Overview

15.1.2.  Products & Services

15.1.3.  Recent Developments

15.1.4.  Key Personnel

15.1.5.  SWOT Analysis

15.2.  Fuji Electric Co. Ltd.

15.3.  Toshiba Corporation

15.4.  Infineon Technologies AG

15.5.  ON Semiconductor Corporation

15.6.  STMicroelectronics International N.V.

15.7.  Texas Instruments Incorporated

15.8.  Renesas Electronics Corporation

15.9.  Vishay Intertechnology Inc.

15.10.  NXP Semiconductors N.V.

16.    Strategic Recommendations

17.    About Us & Disclaimer

Figures and Tables

List of Figures:

Figure 1: Global Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 2: Global Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 3: Global Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 4: Global Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 5: Global Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 6: Global Power Electronics Market Share, By Region, By Value, 2017-2027F

Figure 7: Global Power Electronics Market Share, By Company, By Value, 2021

Figure 8: Global Power Electronics Market Map, By Device Type, Market Size (USD Billion) & Growth Rate (%), 2021

Figure 9: Global Power Electronics Market Map, By Material, Market Size (USD Billion) & Growth Rate (%), 2021

Figure 10: Global Power Electronics Market Map, By Voltage, Market Size (USD Billion) & Growth Rate (%), 2021

Figure 11: Global Power Electronics Market Map, By Application, Market Size (USD Billion) & Growth Rate (%), 2021

Figure 12: Global Power Electronics Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2021

Figure 13: Asia-Pacific Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 14: Asia-Pacific Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 15: Asia-Pacific Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 16: Asia-Pacific Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 17: Asia-Pacific Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 18: Asia-Pacific Power Electronics Market Share, By Country, By Value, 2017-2027F

Figure 19: China Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 20: China Motor Vehicle Production (Units), 2017-2020

Figure 21:  China Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 22: China Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 23: China Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 24: China Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 25: Japan Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 26: Japan Motor Vehicle Production (Units), 2017-2020

Figure 27: Japan Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 28: Japan Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 29: Japan Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 30: Japan Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 31: India Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 32: India Motor Vehicle Production (Units), 2017-2020

Figure 33: India Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 34: India Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 35: India Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 36: India Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 37: South Korea Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 38: South Korea Motor Vehicle Production (Units), 2017-2020

Figure 39: South Korea Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 40: South Korea Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 41: South Korea Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 42: South Korea Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 43: Europe Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 44: Europe Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 45: Europe Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 46: Europe Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 47: Europe Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 48: Europe Power Electronics Market Share, By Country, By Value, 2017-2027F

Figure 49: Germany Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 50: Germany Motor Vehicle Production (Units), 2019-2021

Figure 51: Germany Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 52: Germany Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 53: Germany Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 54: Germany Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 55: United Kingdom Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 56: United Kingdom Motor Vehicle Production (Units), 2017-2020

Figure 57: United Kingdom Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 58: United Kingdom Power Electronics Market Share, By Material, By Value, 2017-2027F

  Figure 59: United Kingdom Power Electronics Market Share, By Voltage, By Value, 2017-2027F

  Figure 60: United Kingdom Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 61: France Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 62: France Motor Vehicle Production (Units), 2019-2020

Figure 63: France Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 64: France Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 65: France Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 66: France Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 67: Italy Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 68: Italy Motor Vehicle Production (Units), 2017-2020

Figure 69: Italy Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 70: Italy Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 71: Italy Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 72: Italy Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 73: Spain Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 74: Spain Motor Vehicle Production (Units), 2017-2020

Figure 75: Spain Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 76: Spain Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 77: Spain Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 78: Spain Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 79: Netherlands Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 80: Netherlands Motor Vehicle Production (Units), 2019-2020

Figure 81: Netherlands Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 82: Netherlands Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 83: Netherlands Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 84: Netherlands Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 85:  North America Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 86: North America Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 87: North America Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 88: North America Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 89: North America Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 90: North America Power Electronics Market Share, By Country, By Value, 2017-2027F

Figure 91: United States Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 92: United States Motor Vehicle Production (Units), 2017-2020

Figure 93: United States Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 94: United States Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 95: United States Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 96: United States Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 97: Canada Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 98: Canada Motor Vehicle Production (Units), 2017-2021

Figure 99: Canada Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 100: Canada Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 101: Canada Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 102: Canada Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 103: Mexico Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 104: Mexico Motor Vehicle Production (Units), 2017-2021

Figure 105: Mexico Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 106: Mexico Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 107: Mexico Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 108: Mexico Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 109: South America Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 110: South America Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 111: South America Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 112: South America Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 113: South America Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 114: South America Power Electronics Market Share, By Region, By Value, 2017-2027F

Figure 115: Brazil Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 116: Brazil Motor Vehicle Production (Units), 2017-2020

Figure 117: Brazil Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 118: Brazil Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 119: Brazil Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 120: Brazil Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 121: Colombia Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 122: Colombia Motor Vehicle Production (Units), 2017-2020

Figure 123: Colombia Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 124: Colombia Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 125: Colombia Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 126: Colombia Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 127: Argentina Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 128: Argentina Motor Vehicle Production (Units), 2019-2020

Figure 129: Argentina Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 130: Argentina Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 131: Argentina Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 132: Argentina Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 133: Middle East and Africa Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 134: Middle East and Africa Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 135: Middle East and Africa Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 136: Middle East and Africa Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 137: Middle East and Africa Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 138: Middle East and Africa Power Electronics Market Share, By Country, By Value, 2017-2027F

Figure 139: UAE Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 140: UAE Revenue in Consumer Electronics (USD Million), 2017-2021

Figure 141: UAE Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 142: UAE Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 143: UAE Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 144: UAE Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 145: Saudi Arabia Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 146: Saudi Arabia Revenue in Consumer Electronics (USD Million), 2017-2021

Figure 147: Saudi Arabia Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 148: Saudi Arabia Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 149: Saudi Arabia Power Electronics Market Share, By Voltage, By Value, 2017-2027F

Figure 150: Saudi Arabia Power Electronics Market Share, By Application, By Value, 2017-2027F

Figure 151: South Africa Power Electronics Market Size, By Value (USD Billion), 2017-2027F

Figure 152: South Africa Motor Vehicle Production (Units), 2019-2020

Figure 153: South Africa Power Electronics Market Share, By Device Type, By Value, 2017-2027F

Figure 154: South Africa Power Electronics Market Share, By Material, By Value, 2017-2027F

Figure 155: South Africa Power Electronics Market Share, By Voltage, By Value, 2017-2027F

  Figure 156: South Africa Power Electronics Market Share, By Application, By Value, 2017-2027F
Frequently asked questions

Frequently asked questions

The market size of the Global Power Electronics Market was estimated to be USD 52.85 Billion in 2025.

North America is the dominating region in the Global Power Electronics Market.

Consumer Electronics segment is the fastest growing segment in the Global Power Electronics Market.

The Global Power Electronics Market is expected to grow at 6.28% between 2026 to 2031.

Related Reports
Related Reports

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