Market Research Store: has added latest report on "Global Power Electronics Market Outlook (2014-2022)" in their database.
Deerfield Beach, FL -- (SBWIRE) -- 02/11/2016 -- 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 the market. The opportunity for escalation in the market lies in Power, Energy and Automotive Sector.
Request For Sample Report Here:
Global Power Electronics market is categorised by Technology, by Device, by Sector and by Geography. Based on Technology, market is segmented into GaN and SiC. Based on Device, market is segregated into Power Ic, Power Module and Power Discrete. Based on Sector, the market is classified into Residential, Commercial and Transportation. Market by geography, is segmented into North America, Europe, Asia Pacific and Rest of the World. Major market for Power Electronics lies in Asia Pacific.
The Key players in the market include Hitachi Co., Ltd, Toshiba Corp., Infineon Technologies AG, Fairchild Semiconductor, Rockwell Automation, Inc., Solicore, Inc, Alstom, ABB Ltd, Gan Systems, Inc.
Do Inquiry Before Purchasing Report Here:
Visit Related Reports Here:
1.Global Transformers Market Outlook - Trends, Forecast, and Opportunity Assessment (2014-2022)
The Global Transformers market is accounted for $12.71 billion in 2014 with a CAGR of 8.53% it is expected to reach $24.47 billion by 2022. The key drivers of the market include increasing electricity demand in emerging and developed countries with increasing investment in infrastructure. High demand and supportive initiatives for smart grid development have resulted in need for smart meters, which is projected to positively impact growth in near future. Moreover, government initiatives for installing technologically advanced power transformer and modernizing the existing power grids are projected to positively impact demand.
2.Global Hydropower Generation Market Outlook (2014-2022)
The Global Hydro Power Generation market is estimated to be $68 billion in 2014 with CAGR of 2.21% is expected to reach $81 billion by 2022. The Hydro Power Generation is estimated to drive the market over next decade due to increase in Electricity demand. To meet their electricity demand every country is looking at the Hydro Power Generation, which is generated by kinetic energy of flowing water moving from higher to lower elevation. Administration and Regulatory Barriers are the key challenges for the growth of the market.