Power Semiconductor Market: By Module, By Application, By Product and Geography

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Power Semiconductor Market Size, Share, Growth, Trends, and Global Industry Analysis: By Module (Power Modules, Power Discrete), By Application (Tele/Data Communication, Computer Systems, Industrial, Office Equipment, Transportation, Medical, Energy & Power), By Product (Thyristor/Diode, MOSFET, IGBT, SiC, GaN, Others) and Region

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Power Semiconductor Market size is valued at US$ 35,478.1 billion in 2023 and is poised to grow at a significant CAGR of 3.2% from 2024-2030. The global market provides a detailed overview and that can be segmented by module, by application, by product. By module, the market has been segmented into Power Modules, Power Discrete. The Power Modules segment is likely to be the largest and fastest-growing segment in terms of type. Based on application, power semiconductor market is segmented into Tele/Data Communication, Computer Systems, Industrial, Office Equipment, Transportation, Medical, Energy & Power.

Among these, the Tele/Data Communication segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on product, power semiconductor market is segmented into Thyristor/Diode, MOSFET, IGBT, SiC, GaN, and Others. The Thyristor/Diode segment accounts for the largest share in 2021. MOSFET is the second-largest share during the forecast period 2021-2028 according to precision business insights.

Power Semiconductor Market Key Development:

  • In March 2021- Alpha and Omega Semiconductor announced the new AEC-Q101 qualified 1200V silicon carbide (SiC) ?SiC MOSFETs. This is ideal for the high efficiency and reliability requirements of electric vehicle (EV) on-board chargers, motor drive inverters, and off-board charging stations.

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Power Semiconductor Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

3.2%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Power Semiconductor Market Dynamics

The widespread shutdown and closure of semiconductor factories has exacerbated the supply deficit trend that began in 2019. The second GaN power semiconductors reflected these effects as well. Furthermore, government safeguards in many parts of the world to promote the automobile and semiconductor industries may be able to revive industrial growth.

Power Semiconductor Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 35,478.1 billion

Market CAGR

3.2%

By Module

  • Power Modules,
  • Power Discrete

By Application

  • Tele/Data Communication,
  • Computer Systems,
  • Industrial,
  • Office Equipment,
  • Transportation,
  • Medical,
  • Energy & Power

By Product

  • Thyristor/Diode,
  • MOSFET,
  • IGBT,
  • SiC,
  • GaN,
  • Others

Key Features of the Report

  • The power semiconductor market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The power semiconductor market report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The power semiconductor market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The power semiconductor market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The power semiconductor market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The power semiconductor market size was valued at US$ 35,478.1 billion in 2023 and is poised to grow at a significant CAGR of 3.2% from 2024-2030.

The major players in the global hospital beds market are Mitsubishi Electric, Fuji Electric, Fairchild Semiconductor, Infineon, Global Foundries, Semikron, ABB, Toshiba, Hitachi, and Renesas Electronics.

The Asia-Pacific is the fastest-growing power semiconductor market

1. Executive Summary
2. Global Power Semiconductor Market Introduction
2.1. Global Power Semiconductor Market - Taxonomy
2.2. Global Power Semiconductor Market - Definitions
2.2.1. By Module
2.2.2. By Application
2.2.3. By Product
2.2.4. By Region
3. Global Power Semiconductor Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Power Semiconductor Market Dynamic Factors - Impact Analysis
3.6. Global Power Semiconductor Market - Competition Landscape
4. Global Power Semiconductor Market Analysis, 2019-2023 and Forecast, 2024-2030
4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Power Semiconductor Market, By Module, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) 
5.1. Power Modules
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Power Discrete
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Power Semiconductor Market, By Application, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) 
6.1. Tele/Data Communication
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Computer Systems
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Industrial
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Office Equipment
6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Transportation
6.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Medical
6.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
6.7. Energy & Power
6.7.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.7.3. Market Opportunity Analysis
7. Global Power Semiconductor Market Forecast, By Product, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) 
7.1. Thyristor/Diode
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. MOSEFT
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. IGBT
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Sic
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Gan
7.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Others
7.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.6.3. Market Opportunity Analysis
8. Global Power Semiconductor Market Forecast, By Region, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) 
8.1. North America
8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Power Semiconductor Market - Opportunity Analysis Index, By Module, By Application, By Product and Region, 2024-2030
9. North America Power Semiconductor Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) 
9.1. Module Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Power Modules
9.1.2. Power Discrete
9.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Tele/Data Communication
9.2.2. Computer Systems
9.2.3. Industrial
9.2.4. Office Equipment
9.2.5. Transportation
9.2.6. Medical
9.2.7. Energy & Power
9.3. Product Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.3.1. Thyristor/Diode
9.3.2. MOSFET
9.3.3. IGBT
9.3.4. SiC
9.3.5. GaN
9.3.6. Others
9.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Power Semiconductor Market - Opportunity Analysis Index, By Module, By Application, By Product and Country, 2024-2030
9.6. North America Power Semiconductor Market Dynamics - Trends
10. Europe Power Semiconductor Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) 
10.1. Module Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Power Modules
10.1.2. Power Discrete
10.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Tele/Data Communication
10.2.2. Computer Systems
10.2.3. Industrial
10.2.4. Office Equipment
10.2.5. Transportation
10.2.6. Medical
10.2.7. Energy & Power
10.3. Product Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. Thyristor/Diode
10.3.2. MOSFET
10.3.3. IGBT
10.3.4. SiC
10.3.5. GaN
10.3.6. Others
10.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Rest of Europe
10.5. Europe Power Semiconductor Market - Opportunity Analysis Index, By Module, By Application, By Product and Country, 2024-2030
10.6. Europe Power Semiconductor Market Dynamics - Trends
11. Asia-Pacific Power Semiconductor Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) 
11.1. Module Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Power Modules
11.1.2. Power Discrete
11.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Tele/Data Communication
11.2.2. Computer Systems
11.2.3. Industrial
11.2.4. Office Equipment
11.2.5. Transportation
11.2.6. Medical
11.2.7. Energy & Power
11.3. Product Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Thyristor/Diode
11.3.2. MOSFET
11.3.3. IGBT
11.3.4. SiC
11.3.5. GaN
11.3.6. Others
11.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Power Semiconductor Market - Opportunity Analysis Index, By Module, By Application, By Product and Country, 2024-2030
11.6. Asia-Pacific Power Semiconductor Market Dynamics - Trends
12. Latin America Power Semiconductor Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) 
12.1. Module Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Power Modules
12.1.2. Power Discrete
12.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Tele/Data Communication
12.2.2. Computer Systems
12.2.3. Industrial
12.2.4. Office Equipment
12.2.5. Transportation
12.2.6. Medical
12.2.7. Energy & Power
12.3. Product Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Thyristor/Diode
12.3.2. MOSFET
12.3.3. IGBT
12.3.4. SiC
12.3.5. GaN
12.3.6. Others
12.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Power Semiconductor Market - Opportunity Analysis Index, By Module, By Application, By Product and Country, 2024-2030
12.6. Latin America Power Semiconductor Market Dynamics - Trends
13. Middle East and Africa Power Semiconductor Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) 
13.1. Module Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Power Modules
13.1.2. Power Discrete
13.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Tele/Data Communication
13.2.2. Computer Systems
13.2.3. Industrial
13.2.4. Office Equipment
13.2.5. Transportation
13.2.6. Medical
13.2.7. Energy & Power
13.3. Product Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. Thyristor/Diode
13.3.2. MOSFET
13.3.3. IGBT
13.3.4. SiC
13.3.5. GaN
13.3.6. Others
13.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Power Semiconductor Market - Opportunity Analysis Index, By Module, By Application, By Product and Country, 2024-2030
13.6. MEA Power Semiconductor Market Dynamics - Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Mitsubishi Electric
14.2.2. Fuji Electric
14.2.3. Fairchild SemiconductoR
14.2.4. Infineon
14.2.5. Global Founderies
14.2.6. Semikron
14.2.7. ABB
14.2.8. Toshiba
14.2.9. Hitachi
14.2.10. Renesas Electronics
15. Research Methodology
16. Key Assumptions and Acronyms

Key Market Players

  • Mitsubishi Electric
  • Fuji Electric
  • Fairchild SemiconductoR
  • Infineon
  • Global Founderies
  • Semikron
  • ABB
  • Toshiba
  • Hitachi
  • Renesas Electronics

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