According to a market report by Lucintel, the future of the global power semiconductor module market looks promising with opportunities in the automotive & ev/hev, industrial control, consumer appliance, wind power, PV, energy storage, traction, military & avionic markets. The global power semiconductor module market is expected to grow with a CAGR of 9.6% from 2025 to 2031. The major drivers for this market are rising EV adoption increases demand for efficient power semiconductor modules, growing renewable energy integration drives need for advanced power solutions, and technological advancements enhance efficiency and performance of power semiconductor modules.
A more
than 150-page report to understand trends, opportunity and forecast in global power
semiconductor module market to 2031 by type (igbt power module and sic power
module), application (automotive & ev/hev, industrial control, consumer
appliances, wind power, pv, energy storage, traction, military & avionics,
and others), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
Lucintel
forecasts that, within the type category, sic power module is expected to
witness higher growth over the forecast period due to superior efficiency and
thermal performance.
Within the
application category, automotive & ev/hev is expected to witness the
highest growth due to rising electric vehicle adoption and electrification
trends.
Download
sample by clicking on power
semiconductor module market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period due to rapid industrialization and expanding ev production.
Wolfspeed,
Vishay, Denso, Rohm, Cissoid are the major suppliers in the power semiconductor 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 access of more than 1000 reports at fraction of cost
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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