Power Electronics - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Power Electronics market is expected to grow from $35.02 billion in 2017 to reach $64.98 billion by 2026 with a CAGR of 7.1%. Rising need for power management devices, growing adoption of power electronics in electric vehicles, increasing awareness of the impact of fossil fuel depletion are some of the factors fueling the market growth. However, high infrastructure deployment cost and current leakage at high temperature are some of the factors hindering the market growth. One of the major opportunities in the market is increasing industrialization in developing economies.
Power electronics is the application of solid-state electronics to the control and conversion of electric power. It is used to control the fluctuated power from one device to other power devices such as diodes, transistors, and thyristors. In addition, power electronics can control the flow of energy in unidirectional as well as bidirectional manner, depending upon the usage. Presently, it is used in renewable resources and electric vehicles to develop switching speed and prevent power loss.
Based on Application, transportation segment holds the significant growth during the forecast period. Factors such as increasing utilize of electronic devices, significant fabrication of HEVs and EVs and growing demand for electric vehicle charging stations are boosting the growth of this segment. By End user, automotive segment has acquired the significant growth during the forecast period due to growing concerns over environmental pollution.
By geography, Asia Pacific has been the fastest-growing region during the forecast period. Due to the improvement in power transmission and use of renewable energy and increasing demand of industrial and energy & power verticals are some of the factors driving the market in this region.
Some of the key players in the Power Electronics market include Siemens AG, Mitsubishi Electric, Toshiba, Texas Instruments, Infineon Technologies, ABB Group, Rockwell Automation, NXP Semiconductors N.V., STMicroelectronics N.V., Vishay Intertechnology, Inc., Qualcomm, Inc., Fuji Electric Co., Ltd, Renesas Electronics Corp., ON Semiconductor Corp., Microchip Technology, ROHM Semiconductor, Littelfuse, Analog Devices and Hitachi.
Device Types Covered:
Power electronics is the application of solid-state electronics to the control and conversion of electric power. It is used to control the fluctuated power from one device to other power devices such as diodes, transistors, and thyristors. In addition, power electronics can control the flow of energy in unidirectional as well as bidirectional manner, depending upon the usage. Presently, it is used in renewable resources and electric vehicles to develop switching speed and prevent power loss.
Based on Application, transportation segment holds the significant growth during the forecast period. Factors such as increasing utilize of electronic devices, significant fabrication of HEVs and EVs and growing demand for electric vehicle charging stations are boosting the growth of this segment. By End user, automotive segment has acquired the significant growth during the forecast period due to growing concerns over environmental pollution.
By geography, Asia Pacific has been the fastest-growing region during the forecast period. Due to the improvement in power transmission and use of renewable energy and increasing demand of industrial and energy & power verticals are some of the factors driving the market in this region.
Some of the key players in the Power Electronics market include Siemens AG, Mitsubishi Electric, Toshiba, Texas Instruments, Infineon Technologies, ABB Group, Rockwell Automation, NXP Semiconductors N.V., STMicroelectronics N.V., Vishay Intertechnology, Inc., Qualcomm, Inc., Fuji Electric Co., Ltd, Renesas Electronics Corp., ON Semiconductor Corp., Microchip Technology, ROHM Semiconductor, Littelfuse, Analog Devices and Hitachi.
Device Types Covered:
- Power Discrete
- Power IC
- Power Module
- AC-DC converters
- DC-DC converters
- AC-AC converters
- DC-AC converters
- Static switches
- Silicon Carbide (SiC)
- Gallium Nitride (GaN)
- Silicon (Si)
- Other Materials
- Rail Traction
- Renewable
- Power Management
- Inverter & Uninterruptible Power Supply (UPS)
- Drives
- Solar power
- Wind power
- Transportation
- Other Applications
- Aerospace and Defense
- Energy and Power
- Industrial
- Information and Communications Technology
- Automotive
- Medical Devices
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends.
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements.
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL POWER ELECTRONICS MARKET, BY DEVICE TYPE
5.1 Introduction
5.2 Power Discrete
5.2.1 Transistor
5.2.1.1 Field Effect Transistor (FET)
5.2.1.2 Bipolar Junction Transistor (BJT)
5.2.1.3 Insulated Gate Bipolar Transistor (IGBT)
5.2.2 Diode
5.2.2.1 Zener Diode
5.2.2.2 Schottky Diode
5.2.2.3 Pin Diode
5.2.3 Thyristor
5.3 Power IC
5.3.1 Application-Specific IC
5.3.2 Power Management IC
5.4 Power Module
5.4.1 Intelligent Power Module (IPM)
5.4.2 Power Integrated Module (PIM)
5.4.2.1 Metal-Oxide Semiconductor Field-Effect Transistor (MOSFET) Module
5.5 AC-DC converters
5.6 DC-DC converters
5.7 AC-AC converters
5.8 DC-AC converters
5.9 Static switches
6 GLOBAL POWER ELECTRONICS MARKET, BY MATERIAL
6.1 Introduction
6.2 Silicon Carbide (SiC)
6.3 Gallium Nitride (GaN)
6.4 Silicon (Si)
6.5 Other Materials
7 GLOBAL POWER ELECTRONICS MARKET, BY APPLICATION
7.1 Introduction
7.2 Rail Traction
7.3 Renewable
7.4 Power Management
7.5 Inverter & Uninterruptible Power Supply (UPS)
7.6 Drives
7.7 Solar power
7.8 Wind power
7.9 Transportation
7.10 Other Applications
8 GLOBAL POWER ELECTRONICS MARKET, BY END USER
8.1 Introduction
8.2 Aerospace and Defense
8.3 Energy and Power
8.4 Industrial
8.5 Information and Communications Technology
8.6 Automotive
8.7 Medical Devices
9 GLOBAL POWER ELECTRONICS MARKET, BY GEOGRAPHY
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 KEY DEVELOPMENTS
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 COMPANY PROFILING
11.1 Siemens AG
11.2 Mitsubishi Electric
11.3 Toshiba
11.4 Texas Instruments
11.5 Infineon Technologies
11.6 ABB Group
11.7 Rockwell Automation
11.8 NXP Semiconductors N.V.
11.9 STMicroelectronics N.V.
11.10 Vishay Intertechnology, Inc.
11.11 Qualcomm, Inc.
11.12 Fuji Electric Co., Ltd
11.13 Renesas Electronics Corp.
11.14 ON Semiconductor Corp.
11.15 Microchip Technology
11.16 ROHM Semiconductor
11.17 Littelfuse
11.18 Analog Devices
11.19 Hitachi
12. LIST OF TABLES
Table 1 Global Power Electronics Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Power Electronics Market Outlook, By Device Type (2016-2026) ($MN)
Table 3 Global Power Electronics Market Outlook, By Power Discrete (2016-2026) ($MN)
Table 4 Global Power Electronics Market Outlook, By Transistor (2016-2026) ($MN)
Table 5 Global Power Electronics Market Outlook, By Diode (2016-2026) ($MN)
Table 6 Global Power Electronics Market Outlook, By Thyristor (2016-2026) ($MN)
Table 7 Global Power Electronics Market Outlook, By Power IC (2016-2026) ($MN)
Table 8 Global Power Electronics Market Outlook, By Application-Specific IC (2016-2026) ($MN)
Table 9 Global Power Electronics Market Outlook, By Power Management IC (2016-2026) ($MN)
Table 10 Global Power Electronics Market Outlook, By Power Module (2016-2026) ($MN)
Table 11 Global Power Electronics Market Outlook, By Intelligent Power Module (IPM) (2016-2026) ($MN)
Table 12 Global Power Electronics Market Outlook, By Power Integrated Module (PIM) (2016-2026) ($MN)
Table 13 Global Power Electronics Market Outlook, By AC-DC converters (2016-2026) ($MN)
Table 14 Global Power Electronics Market Outlook, By DC-DC converters (2016-2026) ($MN)
Table 15 Global Power Electronics Market Outlook, By AC-AC converters (2016-2026) ($MN)
Table 16 Global Power Electronics Market Outlook, By DC-AC converters (2016-2026) ($MN)
Table 17 Global Power Electronics Market Outlook, By Static switches (2016-2026) ($MN)
Table 18 Global Power Electronics Market Outlook, By Material (2016-2026) ($MN)
Table 19 Global Power Electronics Market Outlook, By Silicon Carbide (SiC) (2016-2026) ($MN)
Table 20 Global Power Electronics Market Outlook, By Gallium Nitride (GaN) (2016-2026) ($MN)
Table 21 Global Power Electronics Market Outlook, By Silicon (Si) (2016-2026) ($MN)
Table 22 Global Power Electronics Market Outlook, By Other Materials (2016-2026) ($MN)
Table 23 Global Power Electronics Market Outlook, By Application (2016-2026) ($MN)
Table 24 Global Power Electronics Market Outlook, By Rail Traction (2016-2026) ($MN)
Table 25 Global Power Electronics Market Outlook, By Renewable (2016-2026) ($MN)
Table 26 Global Power Electronics Market Outlook, By Power Management (2016-2026) ($MN)
Table 27 Global Power Electronics Market Outlook, By Inverter & Uninterruptible Power Supply (UPS) (2016-2026) ($MN)
Table 28 Global Power Electronics Market Outlook, By Drives (2016-2026) ($MN)
Table 29 Global Power Electronics Market Outlook, By Solar power (2016-2026) ($MN)
Table 30 Global Power Electronics Market Outlook, By Wind power (2016-2026) ($MN)
Table 31 Global Power Electronics Market Outlook, By Other Applications (2016-2026) ($MN)
Table 32 Global Power Electronics Market Outlook, By End User (2016-2026) ($MN)
Table 33 Global Power Electronics Market Outlook, By Aerospace and Defense (2016-2026) ($MN)
Table 34 Global Power Electronics Market Outlook, By Energy and Power (2016-2026) ($MN)
Table 35 Global Power Electronics Market Outlook, By Industrial (2016-2026) ($MN)
Table 36 Global Power Electronics Market Outlook, By Information and Communications Technology (2016-2026) ($MN)
Table 37 Global Power Electronics Market Outlook, By Automotive (2016-2026) ($MN)
Table 38 Global Power Electronics Market Outlook, By End User (2016-2026) ($MN)
Table 39 Global Power Electronics Market Outlook, By Aerospace and Defense (2016-2026) ($MN)
Table 40 Global Power Electronics Market Outlook, By Energy and Power (2016-2026) ($MN)
Table 41 Global Power Electronics Market Outlook, By Industrial (2016-2026) ($MN)
Table 42 Global Power Electronics Market Outlook, By Information and Communications Technology (2016-2026) ($MN)
Table 43 Global Power Electronics Market Outlook, By Automotive (2016-2026) ($MN)
Table 44 Global Power Electronics Market Outlook, By Medical Devices (2016-2026) ($MN)
Note: Regional tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are presented in similar manner as the above.
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL POWER ELECTRONICS MARKET, BY DEVICE TYPE
5.1 Introduction
5.2 Power Discrete
5.2.1 Transistor
5.2.1.1 Field Effect Transistor (FET)
5.2.1.2 Bipolar Junction Transistor (BJT)
5.2.1.3 Insulated Gate Bipolar Transistor (IGBT)
5.2.2 Diode
5.2.2.1 Zener Diode
5.2.2.2 Schottky Diode
5.2.2.3 Pin Diode
5.2.3 Thyristor
5.3 Power IC
5.3.1 Application-Specific IC
5.3.2 Power Management IC
5.4 Power Module
5.4.1 Intelligent Power Module (IPM)
5.4.2 Power Integrated Module (PIM)
5.4.2.1 Metal-Oxide Semiconductor Field-Effect Transistor (MOSFET) Module
5.5 AC-DC converters
5.6 DC-DC converters
5.7 AC-AC converters
5.8 DC-AC converters
5.9 Static switches
6 GLOBAL POWER ELECTRONICS MARKET, BY MATERIAL
6.1 Introduction
6.2 Silicon Carbide (SiC)
6.3 Gallium Nitride (GaN)
6.4 Silicon (Si)
6.5 Other Materials
7 GLOBAL POWER ELECTRONICS MARKET, BY APPLICATION
7.1 Introduction
7.2 Rail Traction
7.3 Renewable
7.4 Power Management
7.5 Inverter & Uninterruptible Power Supply (UPS)
7.6 Drives
7.7 Solar power
7.8 Wind power
7.9 Transportation
7.10 Other Applications
8 GLOBAL POWER ELECTRONICS MARKET, BY END USER
8.1 Introduction
8.2 Aerospace and Defense
8.3 Energy and Power
8.4 Industrial
8.5 Information and Communications Technology
8.6 Automotive
8.7 Medical Devices
9 GLOBAL POWER ELECTRONICS MARKET, BY GEOGRAPHY
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 KEY DEVELOPMENTS
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 COMPANY PROFILING
11.1 Siemens AG
11.2 Mitsubishi Electric
11.3 Toshiba
11.4 Texas Instruments
11.5 Infineon Technologies
11.6 ABB Group
11.7 Rockwell Automation
11.8 NXP Semiconductors N.V.
11.9 STMicroelectronics N.V.
11.10 Vishay Intertechnology, Inc.
11.11 Qualcomm, Inc.
11.12 Fuji Electric Co., Ltd
11.13 Renesas Electronics Corp.
11.14 ON Semiconductor Corp.
11.15 Microchip Technology
11.16 ROHM Semiconductor
11.17 Littelfuse
11.18 Analog Devices
11.19 Hitachi
12. LIST OF TABLES
Table 1 Global Power Electronics Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Power Electronics Market Outlook, By Device Type (2016-2026) ($MN)
Table 3 Global Power Electronics Market Outlook, By Power Discrete (2016-2026) ($MN)
Table 4 Global Power Electronics Market Outlook, By Transistor (2016-2026) ($MN)
Table 5 Global Power Electronics Market Outlook, By Diode (2016-2026) ($MN)
Table 6 Global Power Electronics Market Outlook, By Thyristor (2016-2026) ($MN)
Table 7 Global Power Electronics Market Outlook, By Power IC (2016-2026) ($MN)
Table 8 Global Power Electronics Market Outlook, By Application-Specific IC (2016-2026) ($MN)
Table 9 Global Power Electronics Market Outlook, By Power Management IC (2016-2026) ($MN)
Table 10 Global Power Electronics Market Outlook, By Power Module (2016-2026) ($MN)
Table 11 Global Power Electronics Market Outlook, By Intelligent Power Module (IPM) (2016-2026) ($MN)
Table 12 Global Power Electronics Market Outlook, By Power Integrated Module (PIM) (2016-2026) ($MN)
Table 13 Global Power Electronics Market Outlook, By AC-DC converters (2016-2026) ($MN)
Table 14 Global Power Electronics Market Outlook, By DC-DC converters (2016-2026) ($MN)
Table 15 Global Power Electronics Market Outlook, By AC-AC converters (2016-2026) ($MN)
Table 16 Global Power Electronics Market Outlook, By DC-AC converters (2016-2026) ($MN)
Table 17 Global Power Electronics Market Outlook, By Static switches (2016-2026) ($MN)
Table 18 Global Power Electronics Market Outlook, By Material (2016-2026) ($MN)
Table 19 Global Power Electronics Market Outlook, By Silicon Carbide (SiC) (2016-2026) ($MN)
Table 20 Global Power Electronics Market Outlook, By Gallium Nitride (GaN) (2016-2026) ($MN)
Table 21 Global Power Electronics Market Outlook, By Silicon (Si) (2016-2026) ($MN)
Table 22 Global Power Electronics Market Outlook, By Other Materials (2016-2026) ($MN)
Table 23 Global Power Electronics Market Outlook, By Application (2016-2026) ($MN)
Table 24 Global Power Electronics Market Outlook, By Rail Traction (2016-2026) ($MN)
Table 25 Global Power Electronics Market Outlook, By Renewable (2016-2026) ($MN)
Table 26 Global Power Electronics Market Outlook, By Power Management (2016-2026) ($MN)
Table 27 Global Power Electronics Market Outlook, By Inverter & Uninterruptible Power Supply (UPS) (2016-2026) ($MN)
Table 28 Global Power Electronics Market Outlook, By Drives (2016-2026) ($MN)
Table 29 Global Power Electronics Market Outlook, By Solar power (2016-2026) ($MN)
Table 30 Global Power Electronics Market Outlook, By Wind power (2016-2026) ($MN)
Table 31 Global Power Electronics Market Outlook, By Other Applications (2016-2026) ($MN)
Table 32 Global Power Electronics Market Outlook, By End User (2016-2026) ($MN)
Table 33 Global Power Electronics Market Outlook, By Aerospace and Defense (2016-2026) ($MN)
Table 34 Global Power Electronics Market Outlook, By Energy and Power (2016-2026) ($MN)
Table 35 Global Power Electronics Market Outlook, By Industrial (2016-2026) ($MN)
Table 36 Global Power Electronics Market Outlook, By Information and Communications Technology (2016-2026) ($MN)
Table 37 Global Power Electronics Market Outlook, By Automotive (2016-2026) ($MN)
Table 38 Global Power Electronics Market Outlook, By End User (2016-2026) ($MN)
Table 39 Global Power Electronics Market Outlook, By Aerospace and Defense (2016-2026) ($MN)
Table 40 Global Power Electronics Market Outlook, By Energy and Power (2016-2026) ($MN)
Table 41 Global Power Electronics Market Outlook, By Industrial (2016-2026) ($MN)
Table 42 Global Power Electronics Market Outlook, By Information and Communications Technology (2016-2026) ($MN)
Table 43 Global Power Electronics Market Outlook, By Automotive (2016-2026) ($MN)
Table 44 Global Power Electronics Market Outlook, By Medical Devices (2016-2026) ($MN)
Note: Regional tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are presented in similar manner as the above.
