Fairfield Market Research Power Electronics Market Size Hit to US$69.7 Bn in 2030
Power Electronics Market

Power Electronics Market

Global Power Electronics Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - (By Material Coverage, By Device Coverage, By Application Coverage, By Voltage Coverage, By End User Coverage, By Geographic Coverage and By Company)

Published Date: Mar 2024 | Format: | No. of Pages: 187

Industry: Information & Communications Technology | Author Name: Harshad

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FAQ : Power Electronics Market

The global power electronics market achieved a market size of US$42.6 billion in 2022.

Asia Pacific holds the largest share in the global power electronics market.

The primary factor projected to drive the power electronics market expansion is an increase in demand for power electronics components across various industry verticals.

In 2022, the IC category held a significant share of the global market.

The commercial segment constituted a major share in the global power electronics market.
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