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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
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...
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03 Mar 2022  |  Global  |  Market Outlook
Global Semiconductor Devices Outlook, 2022
The Convergence of 5G, IoT, and AI/ML and Advancements in Mobility (led by EVs and AVs) will Lead to Accelerated Demand for Semiconductor Devices Across all Process Nodes
The global semiconductors industry registered growth in 2020 after declining by 12.0% in 2019. Growth in 2020 was attributed to the increasing sales of notebooks, tablets, and datacenter (DC) products. In 2021 (and beyond), growth will be driven by the technology convergence of connectivity and AI/ML, which will be the core of product developmen...
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11 Aug 2026  |  Global  |  Market Research
Evolution of 800V Architecture in EVs
Advanced Semiconductors Will Drive Transformational Growth in the Global EV Market in the Next 3-5 Years
With the adoption of 800V architecture, the global electric vehicle (EV) market is transitioning into a new phase, with sales projected to grow at a compound annual growth rate (CAGR) of 29.7% between 2026 and 2032. During the same period, the Americas region is set to grow at a CAGR of 38.6%, Europe at 39.6%, and Asia-Pacific at 25.1%. Rising geop...
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03 Apr 2023  |  Global  |  Market Research
Global Wide Bandgap Semiconductor Growth Opportunities
Transition of EVs to 800 V Battery Systems, 5G Deployments, Need for Higher Efficiency, and Focus on Sustainability Will Fuel Transformational Growth of Wide Bandgap Semiconductors through 2032
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...
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26 May 2023  |  Global  |  Market Research
Global Policy Analysis on Semiconductor Localization
Building Self sufficiency in Semiconductor Manufacturing for Competitive Advantage
Semiconductors are essential blocks of all modern-day electronic devices and enable Mega Trends, such as connected and automated ecosystems across industries. However, supply chain disruptions resulting from the impact of the COVID-19 pandemic, the US-China trade war, and the China-Taiwan conflict are at the center of global semiconductor policies....
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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
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 ...
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22 Sep 2026  |  Global  |  Market Research
Growth Opportunities in the Global EV Power Electronics Market, 2025–2032
Integration of Advanced Semiconductors and X-in-1 Architectures Redefining the Future of EVs
The rapid push toward e-mobility is accelerating adoption of advanced power electronics by major OEMs. Power electronics underpin electric vehicle reliability, efficiency, and performance. Core systems, including traction inverters, onboard chargers, and DC-DC converters, are gaining strategic importance, prompting automakers to seek compact, high-...
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12 Aug 2024  |  Global  |  Market Research
Power Semiconductors Market, Global, 2024 2033
Power Semiconductors are Experiencing Transformational Growth Due to Rapid Electrification Across Industries, the AI Boom, Growing Renewable Energy Demand, and Focus on Sustainability
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 ...
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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
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/...
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30 Oct 2023  |  Global  |  Technology Research
Growth Opportunities for Compound Semiconductors in Automotive
Vehicle Electrification and Need for High-efficiency High-voltage Charging Systems to Drive Growth Potential
A compound semiconductor (CS) consists of two or more elements from different groups in the periodic table, such as gallium arsenide (GaAs), GaN, indium phosphide (InP), and silicon germanium. In the automotive industry, CSs have several advantages over elemental semiconductors (e.g., silicon [Si]). They operate at higher frequencies and temperatur...
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