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Monday, October 21, 2024

The Global Power Module Market is Expected to Reach an Estimated $15 Billion by 2030

According to a market report by Lucintel, the future of the global power module market looks promising with opportunities in the igbt, fet, sic, others markets. The global power module market is expected to reach an estimated $15 billion by 2030 at a CAGR of 13% from 2024 to 2030. The major drivers for this market are the major drivers for the growth of this market are high growth of electric vehicles, increasing focus of consumers for minimizing power losses, and the automotive industry's shift towards electric and hybrid vehicles boosts the demand for power modules.

In this market,  are the major segments of power module market by type.

Lucintel forecasts that igbt will remain the largest segment over the forecast period.

Within this market, transportation will remain the largest segment.

Download sample by clicking on power module market.

APAC will remain the largest region over the forecast period.

Infineon Technologies AG, STMicroelectronics, ON Semiconductor. , Mitsubishi Electric Corporation, Toshiba, Vincotech, Hitachi, Fuji Electric., Semikron, and Danfoss are the major suppliers in the power module market.

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 write us at helpdesk@lucintel.com. To get acces of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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