Power Electronics Market to Reach $41.7B by 2022

According to the new market research report on the “Power Electronics Market by Material (Silicon, SiC, GaN, Sapphire), Device Type (Discrete, Module, and IC), Vertical (ICT, Consumer Electronics, Power, Industrial, Automotive, and Aerospace and Defense), and Geography – Global Forecast to 2022”, published by MarketsandMarkets, this market is expected to be valued at USD 41.73 billion by 2022,…

Power Electronics Market to Reach $25B by 2022

A new report published by Allied Market Research, titled, “Power Electronics Market by device, type, and application – global opportunity analysis and industry forecast, 2014-2022”, projects that the global power electronics market is projected to reach $25 billion by 2022 with a CAGR of 8.9% from 2016-2022. Asia-Pacificdominates the global market in terms of revenue, accounting for more than 50% share of…

Automotive Appetite for Power ICs Grows

The automotive market became the third largest end market for power semiconductor applications in 2014, outperforming the overall market average for semiconductors, said IHS Inc. A big part of this increased demand is driven by advanced assistance systems (ADAS) and infotainment systems. The IHS Power Management Market Share and Supplier Analysis report finds that power ICs, in…