Global Power Electronics Market 2015 Industry Outlook to 2022
The Global Power Electronics market is accounted for $20.46 billion in 2014 with CAGR of 10.75% is likely to reach $46.32 billion by 2022. The market is expected to make the market over next decade due to expected growth in power demand for consumer applications. The demand for renewable energy, smart grids and demand for multi-portable devices are the major factors driving the growth of the market. Economic uncertainty and Regulatory barriers are the major factors hampering the expansion of...
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