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    Power Semiconductor Market

    ID: 672
    100 Pages
    Research Team
    07/2025

    Power Semiconductor Market Research Report Information By Module (Power Modules and Power Discrete), By Application (Industrial, Automotive, Aerospace, Military and Consumer Electronics), By Component (Rectifier, Diode and Thyristor), By Material (Silicon Carbide, Gan and Silicon), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) - Forecast Till 2032

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    Market Summary

    Research Methodology on Power Semiconductor Market


    The research process begins with the development of an appropriate research design to achieve the research objectives. This process consists of the data collection methods, research approaches, data sources, and research instruments. This research methodology is based on secondary research.


    Data Collection


    In this study, secondary research is conducted for collecting information about the power semiconductor market. The data collected are from various sources such as magazines, books, reports from various research companies, and industry databases.


    Research Approach


    To get conducted the study, the analytical research approach is carried out to get an understanding of the market structure, the competitive landscape, environmental scanning, and attractiveness analysis.


    Data Sources


    The data is collected from various sources such as industry databases, magazines, books, and reports from various research companies.


    Research Instruments:


    A questionnaire is used for collecting the data from the respondents in terms of using the power semiconductor. This process is done to get collected data on the power semiconductor market.


    Sampling


    In this study, the data is collected from different samples which are heterogeneous in nature. The sample size selected should be large enough to draw a reliable conclusion and to reduce the margin of error.


    Data Analysis


    After the data is collected, the primary and secondary data are analyzed by using the tools such as descriptive and inferential statistical tools. Descriptive tools such as mean and standard deviation are used to determine the accuracy of the data whereas inferential tools such as regression and correlation analysis are used to predict the future of the power semiconductor market.


    Conclusion


    The research methodology selection is an important step for conducting the research study in the power semiconductor market. The research design framework describes the overall plan, which includes various stages of the research process from the data collection to the analysis. It is expected that the information, which is collected through this design, will give the researchers insight into the power semiconductor market.

    Market Size & Forecast

    Attribute/Metric Details
    Market Size 2023 USD 65.3 Billion
    Market Size 2024 USD 69.4 Billion
    Market Size 2032 USD 99.9 Billion
    Compound Annual Growth Rate (CAGR) 6% (2024-2032)
    Base Year 2023
    Forecast Period 2024-2032
    Historical Data 2021 & 2022
    Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Module, Application, Component, Material, and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Infineon, Vishay Intertechnology, Renesas Electronics, ON Semiconductor, Texas Instruments, Mitsubishi Electric Corporation
    Key Market Opportunities Increasing need for battery-powered portable devices that are energy-efficient
    Key Market Dynamics Increased adoption of power semiconductors in various end-use sectors Demand for consumer electronics and wireless communications is rising

    Major Players

    Power Semiconductor Market Segmentation

    Power Semiconductor Module Outlook (USD Billion, 2018-2032)

    • Power Modules

    • Power Discrete

    Power Semiconductor Application Outlook (USD Billion, 2018-2032)

    • Industrial

    • Automotive

    • Aerospace

    • Military

    • Consumer Electronics

    Power Semiconductor Component Outlook (USD Billion, 2018-2032)

    • Rectifier

    • Diode

    • Thyristors

    Power Semiconductor Material Outlook (USD Billion, 2018-2032)

    • Silicon Carbide

    • Gan

    • Silicon

    Power Semiconductor Regional Outlook (USD Billion, 2018-2032)

    • North America Outlook (USD Billion, 2018-2032)

      • North America Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • North America Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Military

        • Consumer Electronics

      • North America Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • North America Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • US Outlook (USD Billion, 2018-2032)

      • US Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • US Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Military

        • Consumer Electronics

      • US Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • US Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • CANADA Outlook (USD Billion, 2018-2032)

      • CANADA Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • CANADA Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Military

        • Consumer Electronics

      • CANADA Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • CANADA Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

    • Europe Outlook (USD Billion, 2018-2032)

      • Europe Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • Europe Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Military

        • Consumer Electronics

      • Europe Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • Europe Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • Germany Outlook (USD Billion, 2018-2032)

      • Germany Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • Germany Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • Germany Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • Germany Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • France Outlook (USD Billion, 2018-2032)

      • France Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • France Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • France Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • France Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • UK Outlook (USD Billion, 2018-2032)

      • UK Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • UK Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • UK Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • UK Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • ITALY Outlook (USD Billion, 2018-2032)

      • ITALY Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • ITALY Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Military

        • Consumer Electronics

      • ITALY Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • ITALY Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • SPAIN Outlook (USD Billion, 2018-2032)

      • Spain Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • Spain Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Military

        • Consumer Electronics

      • Spain Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • Spain Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • Rest Of Europe Outlook (USD Billion, 2018-2032)

      • Rest Of Europe Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • REST OF EUROPE Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Military

        • Consumer Electronics

      • REST OF EUROPE Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • REST OF EUROPE Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

    • Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Asia-Pacific Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • Asia-Pacific Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Military

        • Consumer Electronics

      • Asia-Pacific Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • Asia-Pacific Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • China Outlook (USD Billion, 2018-2032)

      • China Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • China Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • China Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • China Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • Japan Outlook (USD Billion, 2018-2032)

      • Japan Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • Japan Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • Japan Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • Japan Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • India Outlook (USD Billion, 2018-2032)

      • India Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • India Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • India Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • India Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • Australia Outlook (USD Billion, 2018-2032)

      • Australia Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • Australia Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • Australia Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • Australia Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Rest of Asia-Pacific Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • Rest of Asia-Pacific Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • Rest of Asia-Pacific Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • Rest of Asia-Pacific Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

    • Rest of the World Outlook (USD Billion, 2018-2032)

      • Rest of the World Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • Rest of the World Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • Rest of the World Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • Rest of the World Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • Middle East Outlook (USD Billion, 2018-2032)

      • Middle East Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • Middle East Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • Middle East Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • Middle East Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • Africa Outlook (USD Billion, 2018-2032)

      • Africa Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • Africa Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • Africa Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • Africa Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

      • Latin America Outlook (USD Billion, 2018-2032)

      • Latin America Power Semiconductor by Module

        • Power Modules

        • Power Discrete

      • Latin America Power Semiconductor by Application

        • Industrial

        • Automotive

        • Aerospace

        • Reconstructive & Plastic Surgery

        • Consumer Electronics

      • Latin America Power Semiconductor by Component

        • Rectifier

        • Diode

        • Thyristors

      • Latin America Power Semiconductor by Material

        • Silicon Carbide

        • Gan

        • Silicon

    Market Trends

    Global Power Semiconductor Market Overview:

    Power Semiconductor Market Size was valued at USD 65.3 Billion in 2023. The Power Semiconductor industry is projected to grow from USD 69.4 Billion in 2024 to USD 99.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6% during the forecast period (2024 - 2032). One of the primary market drivers that is producing a good outlook for the market growth is the automobile industry's rapid global expansion. Additionally, a number of technological developments, like as the use of x-by-wire or drive-by-wire technologies that help reduce vehicle weight, improve fuel efficiency, and reduce emissions, are boosting market growth.

    Global Power Semiconductor Market Overview

    Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

     

    Power Semiconductor Market Trends

      • Increasing demand for wireless communications and consumer electronics to propel the market growth

    The global market is growing favorably due to the rising use of consumer electronics products. Today, a wide range of consumer products, including communication devices (such as smartphones, tablets, sma...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Power Semiconductor Market

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Smartphone Sensors Market

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Power Semiconductor Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 65.3 Billion
    Market Size 2024 USD 69.4 Billion
    Market Size 2032 USD 99.9 Billion
    Compound Annual Growth Rate (CAGR) 6% (2024-2032)
    Base Year 2023
    Forecast Period 2024-2032
    Historical Data 2021 & 2022
    Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Module, Application, Component, Material, and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Infineon, Vishay Intertechnology, Renesas Electronics, ON Semiconductor, Texas Instruments, Mitsubishi Electric Corporation
    Key Market Opportunities Increasing need for battery-powered portable devices that are energy-efficient
    Key Market Dynamics Increased adoption of power semiconductors in various end-use sectors Demand for consumer electronics and wireless communications is rising

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    Latest Comments

    John Doe
    john@example.com

    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
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    jane@domain.com

    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM
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    FAQs

    What is a power semiconductor?

    Semiconductors that are used in power electronics, an application of solid-state electronics that control electric power conversation, is called power semiconductor. They are used in consumer electronics.

    What is the estimated market growth rate for power semiconductors?

    Increase in the demand for power semiconductors is expected to impel its market at a CAGR of about 13% across the forecast period (2017 and 2023).

    Power semiconductor market is likely to show rapid expansion in which region?

    The sale of consumer electronics is high in Asia Pacific. It is due to the presence of numerous electronics developers and the growing inclination towards a luxurious lifestyle. Hence, the global market of power semiconductors in APAC is expected to thrive at a high CAGR in the review period.

    Who are strong contenders of the global power semiconductor market?

    Texas Instruments Inc. (U.S.), Qualcomm Inc.(U.S.), ST Microelectronics (Switzerland), NXP Semiconductor (Netherlands), Renesas Electronic Corporation (Japan), Fairchild Semiconductor (U.S.), Broadcom Limited (U.S.), and Toshiba Corporation (Japan) are some major player of the power semiconductor market.

    Which material is mostly used for power semiconductor fabrication?

    Silicon, gallium nitride (GaN), silicon germanium, silicon carbide (Sic), and gallium arsenide are materials that are used in the fabrication of power semiconductors. However, gallium nitride and silicon carbide are used mostly in the production of power semiconductors as these materials have a wider band gap offering better conductivity.

    1. Europe Power Semiconductors Market: By Country, 2024-2032&nbsp;</span></span>
    2. Latin America Power Semiconductors Market: By Country, 2024-2032&nbsp;</span></span>
    3. TO 2032</span></span>

    Power Semiconductor Market Segmentation

    Power Semiconductor Module Outlook (USD Billion, 2018-2032)

    • Power Modules
    • Power Discrete

    Power Semiconductor Application Outlook (USD Billion, 2018-2032)

    • Industrial
    • Automotive
    • Aerospace
    • Military
    • Consumer Electronics

    Power Semiconductor Component Outlook (USD Billion, 2018-2032)

    • Rectifier
    • Diode
    • Thyristors

    Power Semiconductor Material Outlook (USD Billion, 2018-2032)

    • Silicon Carbide
    • Gan
    • Silicon

    Power Semiconductor Regional Outlook (USD Billion, 2018-2032)

    • North America Outlook (USD Billion, 2018-2032)

      • North America Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • North America Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Military
        • Consumer Electronics
      • North America Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • North America Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • US Outlook (USD Billion, 2018-2032)

      • US Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • US Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Military
        • Consumer Electronics
      • US Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • US Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • CANADA Outlook (USD Billion, 2018-2032)

      • CANADA Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • CANADA Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Military
        • Consumer Electronics
      • CANADA Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • CANADA Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

    • Europe Outlook (USD Billion, 2018-2032)

      • Europe Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • Europe Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Military
        • Consumer Electronics
      • Europe Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • Europe Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • Germany Outlook (USD Billion, 2018-2032)

      • Germany Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • Germany Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • Germany Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • Germany Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • France Outlook (USD Billion, 2018-2032)

      • France Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • France Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • France Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • France Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • UK Outlook (USD Billion, 2018-2032)

      • UK Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • UK Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • UK Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • UK Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • ITALY Outlook (USD Billion, 2018-2032)

      • ITALY Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • ITALY Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Military
        • Consumer Electronics
      • ITALY Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • ITALY Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • SPAIN Outlook (USD Billion, 2018-2032)

      • Spain Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • Spain Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Military
        • Consumer Electronics
      • Spain Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • Spain Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • Rest Of Europe Outlook (USD Billion, 2018-2032)

      • Rest Of Europe Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • REST OF EUROPE Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Military
        • Consumer Electronics
      • REST OF EUROPE Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • REST OF EUROPE Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

    • Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Asia-Pacific Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • Asia-Pacific Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Military
        • Consumer Electronics
      • Asia-Pacific Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • Asia-Pacific Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • China Outlook (USD Billion, 2018-2032)

      • China Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • China Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • China Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • China Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • Japan Outlook (USD Billion, 2018-2032)

      • Japan Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • Japan Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • Japan Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • Japan Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • India Outlook (USD Billion, 2018-2032)

      • India Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • India Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • India Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • India Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • Australia Outlook (USD Billion, 2018-2032)

      • Australia Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • Australia Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • Australia Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • Australia Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Rest of Asia-Pacific Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • Rest of Asia-Pacific Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • Rest of Asia-Pacific Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • Rest of Asia-Pacific Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

    • Rest of the World Outlook (USD Billion, 2018-2032)

      • Rest of the World Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • Rest of the World Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • Rest of the World Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • Rest of the World Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • Middle East Outlook (USD Billion, 2018-2032)

      • Middle East Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • Middle East Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • Middle East Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • Middle East Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • Africa Outlook (USD Billion, 2018-2032)

      • Africa Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • Africa Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • Africa Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • Africa Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon

      • Latin America Outlook (USD Billion, 2018-2032)

      • Latin America Power Semiconductor by Module
        • Power Modules
        • Power Discrete

      • Latin America Power Semiconductor by Application

        • Industrial
        • Automotive
        • Aerospace
        • Reconstructive & Plastic Surgery
        • Consumer Electronics
      • Latin America Power Semiconductor by Component
        • Rectifier
        • Diode
        • Thyristors
      • Latin America Power Semiconductor by Material
        • Silicon Carbide
        • Gan
        • Silicon
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