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The global power electronics market spans across North America, Europe, Asia-Pacific, the rest of the world.
The growing trend of renewable energy resources and portable energy systems is largely impacting the growth of the global power electronics market during the forecast period. However, complexities in designing and integrating technically advanced devices are expected to impact market growth. Power electronics devices are also used in electric and hybrid vehicles to optimize overall system cost, maximize power savings, extend mileage, minimize power losses, increase power density, and improve battery efficiency. This has created opportunities for manufacturers of power electronic components.
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Global Power Electronics Market: Segmentation
The global power electronics market has been segmented based on component, wafer type, wafer material, wafer size, application, and region. Based on component, the global market has been segmented into diodes, thyristor, MOSFET, AC/DC converter, static switches, and others. By wafer type, the market has been segmented into Silicon, GaN, SiC, and others. Based on wafer material, the market has been bifurcated into N-type and P-type. By wafer size, the market has been segmented into 150mm, 200mm, 300mm, and 450mm and above. Based on application, the global power electronics market has been segmented into consumer electronics, IT & telecommunications, automotive, aerospace & defense, industrial, energy & utilities, transportation, and others.
The key players of the global power electronics market are Alpha & Omega Semiconductor (AOS) Europe, AMS AG, Analog Devices Inc, Dialog Semiconductor, Diodes Incorporated, Semiconductor Component Industries LLC, Infineon Technologies AG, Renesas Electronics Corporation, Maxim Integrated, Microchip Technology Inc., STMicroelectronics, Texas Instruments, Toshiba Electronic Devices & Storage Corporation, Vishay Intertechnology Inc., and Allegro Semiconductors, among others.