Lucintel Blog: Power integrated circuits is expected to remain the largest segment in the global power semiconductor market

Wednesday, April 5, 2023

Power integrated circuits is expected to remain the largest segment in the global power semiconductor market

An exciting new study from the team of Lucintel found that power semiconductor market is expected to reach $42.9 billion by 2028 with a CAGR of 6.5%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/power-semiconductor-market.aspx.

The power semiconductor market is segmented based on component, material, application, and region. In this market, power integrated circuit is expected to remain the largest component. Players can benefit from the available opportunities like growing electronics and electric vehicle industry along with supporting government policies.

ABB, Broadcom, Fuji Electric, Hitachi, Infineon Technologies, Microchip Technology, Mitsubishi Electric, NXP Semiconductor, Onsemi are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/power-semiconductor-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the power semiconductor market by component (discrete, module, and power integrated circuits), material (silicon/germanium, silicon carbide (SiC), gallium nitride (GaN)), application (automotive, consumer electronics, IT & telecommunications, military & aerospace, power & energy, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the power semiconductor market?

Q.4 What are some changing demands of customers in the power semiconductor market?

Q.5 What are the new developments in the power semiconductor market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this power semiconductor area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this power semiconductor market?

This unique report from Lucintel 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 helpdesk@lucintel.com.

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: roy.almaguer@lucintel.com
Tel. 972.636.5056

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