Advancement of Gallium Nitride (GaN) in Miniaturization of Chargers and Adapters Creates Opportunities

DUBLIN, December 21, 2021 / PRNewswire / – The report, “Power Electronics Market Research Report by Device Type, Material, Application, and Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” has been added to ResearchAndMarkets.com offer.

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The global power electronics market size has been estimated to be $ 51.77 billion in 2020, is expected to reach $ 54.82 billion in 2021, and is expected to grow at a CAGR of 6.22% reaching $ 74.40 billion by 2026.

Market statistics

The report provides market size and forecast in five major currencies: USD, EUR GBP, JPY, and AUD. It helps organizational leaders make better decisions when currency data is readily available. In this report, the years 2018 and 2019 are considered as historical years, 2020 as the base year, 2021 as the estimated year and the years 2022 to 2026 are considered as the forecast period.

Market segmentation and coverage

This research report categorizes Power Electronics to forecast revenue and analyze trends in each of the following submarkets:

  • On the basis of the type of device, the market has been studied through Discrete, IC and Module.

  • Based on the material, the market has been studied for gallium nitride, sapphire, silicon and silicon carbide.

  • Based on the application, the market has been studied in the fields of aerospace and defense, automotive, consumer electronics, ICT, industry and energy.

  • Based on region, the market has been studied across the Americas, Asia Pacific, and Europe, Middle East & Africa. The Americas are studied in more detail through Argentina, Brazil, Canada, Mexico, and United States. United States is studied in more detail through California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. the Asia Pacific is studied in more detail through Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. the Europe, Middle East & Africa is studied in more detail through France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and the UK.

Cumulative impact of COVID-19
COVID-19 is an incomparable global public health emergency that has affected nearly every industry, and the long-term effects are expected to impact the growth of the industry during the forecast period. The analyst’s ongoing research is amplifying their research framework to ensure the inclusion of the underlying issues of COVID-19 and potential avenues to follow. The report provides insight on COVID-19 given changes in consumer behavior and demand, purchasing patterns, supply chain diversion, dynamics of current market forces, and significant government interventions. . The updated study provides information, analysis, estimates and forecasts, considering the impact of COVID-19 on the market.

Market share analysis
The market share analysis offers the analysis of the suppliers considering their contribution to the overall market. It provides the idea of ​​its revenue generation in the overall market compared to other space providers. It provides insight into the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of the suppliers for the base year. It reveals the characteristics of the market in terms of traits of accumulation, fragmentation, dominance and fusion.

Competitive scenario
The competitive scenario provides a outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section delivers valuable insights at different stages while staying up to date with the business and engaging stakeholders in the economic debate. The competitive scenario represents press releases or news from companies categorized as M&A, Agreement, Collaboration and Partnership, New Product Launch and Improvement, Investment and Funding, and Reward, Recognition and Expansion. All the information gathered helps the supplier to understand the market gaps and the strengths and weaknesses of the competitors, thus providing information to improve products and services.

The report provides information on the following pointers:

1. Market penetration: provides comprehensive information on the market offered by major players
2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration into mature market segments.
3. Market diversification: provides detailed information on new product launches, untapped geographies, recent developments and investments
4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape and manufacturing capabilities of key players
5. Product Development and Innovation: Provides intelligent information on future technologies, R&D activities and breakthrough product developments

Market dynamics

Conductors

  • Growing use of power electronics in consumer electronics

  • Strong demand for portable battery-powered devices

  • Extensive use of power electronics for renewable energy systems

  • Growing Application of Power Integrated Circuits in Smart Phones and Medical Devices

Constraints

Opportunities

  • Growing electrification of vehicles

  • RF power semiconductors for industry 5G

  • Advancement of gallium nitride (GaN) in the miniaturization of chargers and adapters

Challenges

Companies mentioned

  • ABB SA

  • BYD Co. Ltd.

  • Appliance Engineering Inc

  • Fairchild Semiconductor International, Inc.

  • Fuji Electric Co. Ltd.

  • GaN Systems Inc.

  • INFINEON TECHNOLOGIES

  • Infineon Technologies AG

  • Littelfuse, Inc

  • Maxim Integrated Products, Inc.

  • Microchip Technology Inc

  • Mitsubishi Electric Corp.

  • NXP Semiconductor SA

  • About Semiconductor Corp.

  • Qualcomm, Inc.

  • Renesas Electronics Corp

  • Rohm semiconductor

  • Semi-kron

  • STMicroelectronics SA

  • Sungrow

  • Texas Instruments, Inc.

  • Toshiba Corporation

  • Transphorm inc.

  • United Silicon Carbide, Inc.

  • Vishay Intertechnologie, Inc.

  • Wolfspeed, Inc.

For more information on this report, visit https://www.researchandmarkets.com/r/6kahi8

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