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Global Power Electronics Market Will Grow at CAGR 10.75 % - Industry Size, Growth, Analysis, Forecast

Market Research Store : Published latest report on "Global Power Electronics Market Outlook (2014-2022)" into their database.

 

Deerfield Beach, FL -- (SBWIRE) -- 12/11/2015 -- 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.

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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.

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This study highlights current dynamics and developments in the Power Electronics market. The report incorporates in-depth analysis of the market growth drivers as well as the inhibiting factors in the Power Electronics market. The scope of the report covers an extensive evaluation pertaining to the winning imperatives and stakeholder strategies through a presentation of the segmentation of Power Electronics market in the report.

The numerous factors stimulating this market have been evaluated in the sections of this report. Along with the regional analysis, the current trends in the Power Electronics market, coupled with the reasons behind the development of some unique segments, have additionally been described in this Power Electronics market report. The report highlights the competitive landscape by elaborating on the current mergers and acquisitions (M&A), product developments, and venture funding that took place in the Power Electronics market in the recent past.

The section pertaining to the company profiles explains the dominance of the key players in the Power Electronics market and an evaluation on the major strategies employed by these key players in order to gain a bigger share in the Power Electronics market. This will help enhance the understanding on the competitors as well as help in gaining strong insights for strengthening one's position in the Power Electronics market.

There are numerous factors that are considered in order to provide the analysis and forecast of the Power Electronics market. Some of the factors are technological, political, social, and economic Power Electronics market factors. Various analytical tools such as Porter's Five Forces Analysis and Power Electronics market SWOT analysis are utilized to analyze the data of the Power Electronics market and help provide a better understanding of the market. The data has been presented via charts, tables, and graphics in Power Electronics market research report. This visual presentation of the data is very useful in providing a clearer view of the leading applications, end users, and key segments of the Power Electronics market.