Power Semiconductor Market Status (2017-2021) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2022-2028
Report Description
The global Power Semiconductor market size is estimated at USD 4,005.1 million in 2021, expanding at a CAGR of 6.2% from 2022 to 2028 to reach 6,650.2 million USD in 2028.
Market Dynamics
Power semiconductors carry out the same functions as standard semiconductors, but on a much greater scale. Such high-performance parts can handle exceptionally high electrical impulses, polarities, and harmonics in the gigawatt range. Power transistors, like other semiconductor technologies, are used to correct and amplify electromagnetic impulses as well as to switch the flow of electrons on and off. These are often utilized for industrial purposes as well as long-distance electrical generation & administration.
One of the primary reasons driving industry development is the massive growth of the automobile sector throughout the world. Power semiconductors are commonly used in electrical parts and incorporated chips in car parts such as guidance systems, automatic braking, fuel supply structures, and security systems. In accordance with this, extensive product usage in electric cars, plug-in electric cars, and hybrid cars for increasing converter efficiency and improving battery control technologies and electronic power valves is boosting market development.
Furthermore, several technical breakthroughs, like the use of x-by-wire and drive-by-wire systems, which aid in lowering automobile weight, improving fuel economy, and lowering emissions, are boosting future growth. Furthermore, the increased use of lightweight, tiny, and transportable modern electronics including phones,i pads, wearables, activity trackers, and telecommunication tools is favorably boosting market development. Other factors such as rising demand for biofuels and the adoption of different government efforts to encourage energy-efficient gadgets are expected to boost the industry even further.
Regional Insights
The Asia Pacific area is likely to control the worldwide power semiconductor industry, much as it does the worldwide semiconductor industry, which is aided by government initiatives. Furthermore, the nation's semiconductor company is led by China, Taiwan, Japan, and South Korea, which account for approximately 65 percent of the worldwide separate semiconductor economy, while other countries such as Vietnam, Malaysia, Thailand, and Singapore also make a significant contribution to the continent's market control.
In the worldwide marketplace, Europe is a prominent user of power semiconductors, among others. Germany is among the region's main national marketplaces for power transistors. France is the additional important local industry for power semiconductors, with telecommunications being a prominent end-use category.
Segment Dynamics
The Power Semiconductor market is fragmented into the Component, Material, and end-user segments. Based on the Component, the Power Integrated Circuits segment is anticipated to dominate the market. By Material, the Silicon Carbide (Sic) segment is projected to grow at the highest CAGR during the forecast period. By end-user, the automotive segment is expected to hold the majority of the market share.
Competitive Insights
The power semiconductor industry is concentrated, with a few significant firms dominating. Few large competitors control the industry in respect of industry share. Several significant company mergers and partnerships focusing on technology are predicted to occur soon. Infineon Technologies as well as Texas Instruments are two of the industry's major participants. In June 2020, for example, Zhengzhou Yutong Group Co. Ltd, a big manufacturing Chinese commercial automaker specializing in hybrid vehicles, declared the use of Cree 1200 V silicon carbide gadgets in a StarPower electricity subsystem for its innovative, manufacturing high-efficiency drivetrain framework for electric buses.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Power semiconductors by Component, end-user, region, and Material. In addition, this report introduces the market competition situation among the vendors, and the company profile, besides, market price analysis, and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
- ABB
- Fairchild Semiconductor
- Fuji Electric
- Hitachi
- Infineon
- Littelfuse
- Mitsubishi Electric Corporation
- Nexperia
- nfineon
- ON Semiconductor
- Renesas Electronics
- Semikron
- STMicroelectronics
- Texas Instruments
- Toshiba
- Vishay Intertechnology
Component Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Module
- Discrete
- Power Integrated Circuits
Material Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Silicon Carbide (Sic)
- Silicon/Germanium
- Gallium Nitride (Gann)
End-User Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Automotive
- Military and Aerospace
- Consumer Electronics
- IT and Telecommunication
- Power
- Industrial
- Others
Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)
Table Of Content
1. Power Semiconductor Market Overview
1.1. Component Overview and Scope of Power Semiconductor
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Power Semiconductor Market Size Growth Rate Analysis by Component 2021 VS 2028
1.3.1. Module
1.3.2. Discrete
1.3.3. Power Integrated Circuits
1.4. Global Power Semiconductor Consumption Comparison by Material: 2021 VS 2028
1.4.1. Silicon Carbide (Sic)
1.4.2. Silicon/Germanium
1.4.3. Gallium Nitride (Gann)
1.5. Global Power Semiconductor Consumption Comparison by End User: 2021 VS 2028
1.5.1. Automotive
1.5.2. Military and Aerospace
1.5.3. Consumer Electronics
1.5.4. IT and Telecommunication
1.5.5. Power
1.5.6. Industrial
1.5.7. Others
1.6. Global Power Semiconductor Market Size Estimates and Forecasts by Region: 2021 VS 2028
1.6.1. North America Power Semiconductor Estimates
1.6.2. Europe Power Semiconductor Estimates
1.6.3. China Power Semiconductor Estimates
1.6.4. Japan Power Semiconductor Estimates
2. Market Competition by Manufacturers
2.1. Global Power Semiconductor Revenue Market Share by Manufacturers (2020)
2.2. Power Semiconductor Market Share by Company Component (Tier 1, Tier 2 and Tier 3)
2.3. Global Power Semiconductor Average Price by Manufacturers (2017-2021)
2.4. Manufacturers Power Semiconductor Component Sites, Area Served, Components
2.5. Power Semiconductor Market Competitive Situation and Trends
2.5.1. Power Semiconductor Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Power Semiconductor Consumption by Region (2017-2021)
3.1. Global Power Semiconductor Consumption by Region
3.2. Global Power Semiconductor Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Power Semiconductor Consumption Growth Rate (2017-2021)
3.2.3. North America Power Semiconductor Consumption, Price and Gross Margin (2017-2021)
3.2.4. North America Power Semiconductor Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Power Semiconductor Consumption Growth Rate (2017-2021)
3.2.7. Europe Power Semiconductor Consumption, Price and Gross Margin (2017-2021)
3.2.8. Europe Power Semiconductor Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Power Semiconductor Consumption Growth Rate (2017-2021)
3.2.11. Asia Pacific Power Semiconductor Consumption, Price and Gross Margin (2017-2021)
3.2.12. Asia Pacific Power Semiconductor Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Power Semiconductor Consumption Growth Rate (2017-2021)
3.2.15. South America Power Semiconductor Consumption, Price and Gross Margin (2017-2021)
3.2.16. South America Power Semiconductor Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Power Semiconductor Consumption Growth Rate (2017-2021)
3.2.19. Middle East and Africa Power Semiconductor Consumption, Price and Gross Margin (2017-2021)
3.2.20. Middle East and Africa Power Semiconductor Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Power Semiconductor Consumption by Component (2017-2021)
4.1. Global Power Semiconductor Price by Component (2017-2021)
4.2. Global Power Semiconductor Revenue Market Share by Component (2017-2021)
4.2.1. Module
4.2.2. Discrete
4.2.3. Power Integrated Circuits
5. Global Power Semiconductor Consumption by Material (2017-2021)
5.1. Global Power Semiconductor Price by Material (2017-2021)
5.2. Global Power Semiconductor Revenue Market Share by Material (2017-2021)
5.2.1. Silicon Carbide (Sic)
5.2.2. Silicon/Germanium
5.2.3. Gallium Nitride (Gann)
6. Global Power Semiconductor Consumption by End User (2017-2021)
6.1. Global Power Semiconductor Price by End User (2017-2021)
6.2. Global Power Semiconductor Revenue Market Share by End User (2017-2021)
6.2.1. Automotive
6.2.2. Military and Aerospace
6.2.3. Consumer Electronics
6.2.4. IT and Telecommunication
6.2.5. Power
6.2.6. Industrial
6.2.7. Others
7. Key Companies Profiled
7.1. ABB
7.1.1. ABB Power Semiconductor Corporation Information
7.1.2. ABB Power Semiconductor Component Portfolio
7.1.3. ABB Power Semiconductor Consumption, Price and Gross Margin (2017-2021)
7.1.4. ABB Main Business and Markets Served
7.1.5. ABB Recent Developments/Updates
7.2. Fairchild Semiconductor
7.3. Fuji Electric
7.4. Hitachi
7.5. Infineon
7.6. Littelfuse
7.7. Mitsubishi Electric Corporation
7.8. Nexperia
7.9. Infineon
7.10. ON Semiconductor
7.11. Renesas Electronics
7.12. Semikron
7.13. STMicroelectronics
7.14. Texas Instruments
7.15. Toshiba
7.16. Vishay Intertechnology
8. Marketing Channel, Distributors and Customers
8.1. Marketing Channel
8.2. Power Semiconductor Distributors List
8.3. Power Semiconductor Customers
9. Market Dynamics
9.1. Power Semiconductor Industry Trends
9.2. Power Semiconductor Growth Drivers
9.3. Power Semiconductor Market Challenges
9.4. Power Semiconductor Market Restraints
10. Global Power Semiconductor Consumption and Demand Forecast, by Region (2022-2028)
10.1. Global Forecasted Demand Analysis of Power Semiconductor, by Regions and Country
10.1.1. North America Forecasted Consumption of Power Semiconductor by Country
10.1.2. Europe Market Forecasted Consumption of Power Semiconductor by Country
10.1.3. Asia Pacific Market Forecasted Consumption of Power Semiconductor by Region
10.1.4. Latin America Forecasted Consumption of Power Semiconductor by Country
10.1.5. Middle East and Africa Forecasted Consumption of Power Semiconductor by Country
11. Global Power Semiconductor Consumption and Demand Forecast, by Device Segments (2022-2028)
11.1. Global Forecasted Consumption of Power Semiconductor by Component Segments (2022-2028)
11.2. Global Consumption and Price Forecast by Enterprise Segment Segments (2022-2028)
11.3. Global Forecasted Growth Rate of Power Semiconductor by End-User Segments (2022-2028)
12. Research Finding and Conclusion
13. Methodology and Data Source
13.1. Methodology/Research Approach
13.1.1. Research Programs/Component
13.1.2. Market Size Estimation
13.1.3. Market Breakdown and Data Triangulation
13.2. Data Source
13.2.1. Secondary Sources
13.2.2. Primary Sources
13.3. Author List
13.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
Enquire Before Purchase
Frequently Asked Questions
Why Choose Market Research Strategy?
We utilize market analysis/information from verified authenticated data sources to scoop accurate research reports
We understand the urgency of our clients and their clients' in the competitive space thus, deliver the report in minimum turnaround
Without further ado, choose us and get instant access to reliable analysis to help you make the right business decisions.
We abide by the information security policy and adheres to keep your private and business information confidential and secure.