Worldwide demand for semiconductors has been growing over the past several years, and experts predict that it will see a continuation of that trend. Recently, a study has been prepared on the global demand for power semiconductors. According to this study, the heavy consumption of power semiconductors across several end-use industries such as industrial, automotive, consumer electronics, and renewable energy among others is a key growth driver of power semiconductor market. Market Research Hub (MRH) has publicized this new report to its wide repository, which is titled as "Power Semiconductor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2025". According to the research estimations, the global power semiconductor market will clock 5.1% CAGR over the forecast period between 2017 and 2025. At this rate, the market will become worth US$54,881.2 mn by the end of 2025.