Power Semiconductor Market is expected to reach $42.9 Billion by 2028- An exclusive market research report by Lucintel

Lucintel’s latest market report analyzed that power semiconductor provides attractive opportunities in the automotive, consumer electronics, IT and telecommunication, military and aerospace, power and energy, industrial, and other segments. The power semiconductor market is expected to reach $42.9 billion by 2028 with a CAGR of 6.5%. In this market, power integrated circuit is the largest segment by component, whereas wireless is largest by technology.

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Based on component, the power semiconductor market is segmented into discrete, module, and power integrated circuits. The power integrated circuits segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to because of increasing usage of these semiconductors in high voltage applications, such as solar panels, power supply, automobiles, and trains.

Browse in-depth TOC on “Power Semiconductor Market”

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The Power Semiconductor Market is marked by the presence of several big and small players. Some of the prominent players offering power semiconductor include ABB, Broadcom, Fuji Electric, Hitachi, Infineon Technologies, Microchip Technology, Mitsubishi Electric, NXP Semiconductor, Onsemi.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056

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