Power Semiconductor Market: By Module, By Application, By Product and Region Forecast 2019-2030
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, 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, 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.
Study Period
2024-2030Base Year
2023CAGR
3.2%Largest Market
North AmericaFastest Growing Market
Asia Pacific
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.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 35,478.1 billion |
Market CAGR |
3.2% |
By Module |
|
By Application |
|
By Product |
|
By Region |
|
Download Free Sample Report
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 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