Search results for: 'power semiconductors market global 2024 2023'

Frost & Sullivan expects the global power semiconductors market to witness unprecedented growth during the next 10 years as industries look for energy-efficient and high-performance electronics. This analysis focuses on Si-, SiC- and GaN-based power discrete devices, modules, and GaN ICs, which are gaining prominence across end-user industries due ...

22 Jul 2025  |  Global  |  Market Research

Growth Opportunities in the Industrial Semiconductors Market, Global, 2024–2029

Sustainability, Digital Transformation, and the Convergence of AI and Connectivity will Drive Demand for Specialty Semiconductors, Such as AI Chipsets and Compound Semiconductors, in the Industrial Semiconductor Market

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Semiconductor devices used in the industrial sector are referred to as industrial semiconductors. While the term “industrial” is very broad, the specific applications in scope include industrial automation systems (such as PLCs, SCADA, and motor drives), as well as aerospace and defense, healthcare, education, energy (including green energy and EV ...

19 Dec 2024  |  Global  |  Market Research

Global Semiconductor Devices Market Outlook, 2024-2025

Moving AI Hardware Beyond Data Centers to Edge Devices is Driving Transformative Growth as Sustainability and CASE Trends Curb Declines in Industrial and Automotive Markets

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The global semiconductor devices industry registered a 6.9% decline in 2023 after a 3.5% slowdown in growth in 2022. Growth in 2023 was attributed to the industrial and automotive markets capitalizing on the EV, CASE, and digital transformation efforts. Growth in 2024 (and beyond) will be driven by the technology convergence of connectivity and AI/...

23 Mar 2023  |  North America  |  Market Research

Strategic Analysis of WBG Semiconductors in Power Electronics Applications for EVs, Forecast to 2030

Future Growth Potential of Semiconductor Industry With Growing Powertrain Electrification to Improve Power Density and Efficiency

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Key Issues Addressed

The increasing use of electric vehicles (EVs) worldwide boosts power semiconductor demand. Government laws and subsidies, original equipment manufacturers' (OEMs') dedication to net zero emissions, and sustainability goals accelerate EV penetration in the vehicle industry. This study focuses on wide bandgap (WBG) semiconductors for the North Americ...

30 Oct 2024  |  Global  |  Market Research

Compound Semiconductor Sector, Global, 2024?2028

Rapid Electrification Across Industries, the AI Boom, and Advances in Next-gen Communication Networks Driving Transformational Growth

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Key Benefits

The global compound semiconductor market is expected to witness unprecedented growth during the next 5 years as industries seek out energy-efficient and high-performance electronics. The study focuses on materials such as gallium arsenide (GaAs), gallium nitride (GaN), indium phosphide (InP), silicon carbide (SiC), and silicon germanium (SiGe), whi...

The global wide bandgap (WBG) semiconductor market is expected to witness unprecedented growth during the next 10 years as industries look for energy-efficient and high-performance electronics. This study focuses on SiC and GaN-based devices (SiC power, GaN power, and RF GaN semiconductor), which are gaining prominence across end-user industries du...

The TechVision division of Frost & Sullivan has evaluated high power electronics technologies, and has assessed innovations that will have an impact on various applications in the near-, medium-, and long- term. Increasing need for high-power/high-voltage, high-temperature and high switching frequency power electronic devices in applications such ...

2023 was a record-breaking year for power generation investment, with $864.6 billion committed to global projects. Climate obligations and supportive regulations are the mainstays of global growth. While China has significantly increased its renewable targets in recent years (partly to support domestic technology companies), the US' Inflation Reduc...

There is growing pressure on the global power sector to decarbonize, which in turn puts pressure on new investment in coal-fired power generation. Energy security is a significant mega trend, whose importance is heightened by the Russo-Ukrainian War and the resulting disruption in the global power market. Many of the traditional high coal dependenc...