Power Semiconductor Market Revenue, Industry Growing Demand, Size, Share and Forecast – 2028

The global Power Semiconductor Market(henceforth referred to as the market studied) was valued at USD 37.90 billion in 2021, and it is expected to reach USD 46.02 billion by 2026, registering a CAGR of 3 %, during the period of 2022-2028. (henceforth, referred to as the forecast period). The COVID -19 outbreak has affected the overall semiconductor market from the demand side and the supply side. The nationwide lockdown and closure of semiconductor plants have further fueled the supply shortage trend, which mainly emerged in 2019. These effects were also reflected in the SiCand GaN power semiconductors. However, many of these effects are likely to be in the short term.

Market Segmentation

By Component 

• Discrete
• Module
• Power Integrated Circuits 

By Material 

• Silicon/Germanium
• Silicon Carbide (Sic)
• Gallium Nitride (Gann) 

By End-user Industry 

• Automotive
• Consumer Electronics
• IT and Telecommunication
• Military and Aerospace
• Power
• Industrial
• Other End-user Industries 

Major Players

• Infineon Technologies AG
• Texas Instruments Inc.
• STMicroelectronics NV
• NXP Semiconductors NV
• On Semiconductor Corporation

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Power-Semiconductor devices Market Report

• What was thePower-Semiconductor devices Market size in 2021 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in thePower-Semiconductor devices Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.