Power Electronics Market Growth and Analysis by 2032

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Feb 2023
Power Electronics Market size to Exceed 40 Bn by
2032
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Feb 2023
Power Electronics Market Analysis

• Power Electronics Market size is projected to
  surpass USD 40 billion by 2032, according to a
  recent research report announced by Global Market
  Insights Inc.
• Electrification trends across the automotive
  sector and the growing consumer preference for
  electric cars is expected to have a positive
  impact on the power electronics industry. With
  increasing focus on the reduction of automotive
  emissions and pollution, EVs are gaining
  significant momentum worldwide as a sustainable
  mobility alternative.

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Feb 2023

• Considering the growing efforts towards the
  development of fuel-efficient vehicles capable of
  cutting down fuel investments, the demand for
  power electronics in automotive applications is
  expected to pick up pace in the upcoming period.
• Fuji Electric Co. Ltd., NXP Semiconductor N.V.,
  Mitsubishi Electric Corporation, ON Semiconductor
  Corporation, STMicroelectronics N.V., Texas
  Instruments Incorporated, Infineon Technologies AG

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Feb 2023
Power Electronics Market - Key Players

• Fuji Electric Co. Ltd.
• NXP Semiconductor N.V.
• Mitsubishi Electric Corporation
• ON Semiconductor Corporation
• STMicroelectronics N.V.
• Texas Instruments Incorporated
• Infineon Technologies AG

5

Feb 2023
Browse Full Market Research Report
_at_ https//www.gminsights.com/industry-analysis/pow
er-electronics-market Request for a Sample Copy
of this Report _at_ https//www.gminsights.com/reques
t-sample/detail/1355
6
Feb 2023
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