At a CAGR of 7.43%, Global Power Electronics Market to Rise over the Forecast 2015-2019
Power electronics is the use of solid-state electronics for the control and conversion of electrical energy. Most of the electronic systems are concerned with the transmission and processing of data and signals. These power electronic devices have high power efficiency, high blocking voltage, and the ability to work on low power. The most typical power electronic device is an AC/DC converter, which is used in various applications such as televisions, computers, and battery chargers.
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