The North America Power Electronics Market would witness market growth of 4.2% CAGR during the forecast period (2021-2027).
Power electronics can also be utilized as amplifiers or switches. A perfect switch can be open or closed and thus, dissipates no power, which means that it can bear an applied voltage and transfer no current, or transfers a certain amount of current with no voltage drop. On the other hand, the current via the device may differ constantly as per the controlled input, in the case of the amplifier.
The integration of power electronic products into various kinds of energy conversion applications has increased in the past few years. These devices are required in every phase of the conversion process, from generation via transmission and, eventually, consumption.
Due to this rising demand for power electronic devices, regional power electronics would witness a surge in growth. Additionally, the increasing inclination of the consumers across this region towards the adoption of energy-saving applications with renewable power supplies would augment the growth of the regional power electronics market.
The Consumer Electronics market dominated the North America Power Electronics Market by Application in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $4,505.6 million by 2027. The Automotive & Transportation market is expected to witness a CAGR of 3.5% during (2021 - 2027). Additionally, The Industrial market would exhibit highest CAGR of 4.6% during (2021 - 2027).
Based on application, the market is classified into consumer electronics, industrial, automotive & transportation, ICT, aerospace & defense, and others. Based on Device type, the market is segmented into power discrete, power module, and power IC. Based on Material the market is divided into silicon, silicon carbide, and gallium nitride. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Power Electronics Market is Estimated to reach $46.81 billion by 2027, at a CAGR of 4.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NXP Semiconductors N.V., Infineon Technologies AG, Texas Instruments, Inc., Toshiba Corporation, Renesas Electronics Corporation, ON Semiconductor Corporation, STMicroelectronics N.V., Mitsubishi Electric Corporation, Fuji Electric Co. Ltd. (Furukawa Group), and ABB Group.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Consumer Electronics
- Industrial
- Automotive & Transportation
- ICT
- Aerospace & Defense
- Others
By Device type
- Power discrete
- Power module
- Power IC
By Material
- Silicon
- Silicon Carbide
- Gallium Nitride
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- NXP Semiconductors N.V.
- Infineon Technologies AG
- Texas Instruments, Inc.
- Toshiba Corporation
- Renesas Electronics Corporation
- ON Semiconductor Corporation
- STMicroelectronics N.V.
- Mitsubishi Electric Corporation
- Fuji Electric Co. Ltd. (Furukawa Group)
- ABB Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Power Electronics Market, by Application
1.4.2 North America Power Electronics Market, by Device type
1.4.3 North America Power Electronics Market, by Material
1.4.4 North America Power Electronics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Sep – 2021, Nov) Leading Players
Chapter 4. North America Power Electronics Market by Application
4.1 North America Consumer Electronics Market by Country
4.2 North America Automotive & Transportation Market by Country
4.3 North America Industrial Market by Country
4.4 North America ICT Market by Country
4.5 North America Aerospace & Defense Market by Country
4.6 North America Other Application Market by Country
Chapter 5. North America Power Electronics Market by Device Type
5.1 North America Power IC Market by Country
5.2 North America Power Module Market by Country
5.3 North America Power Discrete Market by Country
Chapter 6. North America Power Electronics Market by Material
6.1 North America Silicon Market by Country
6.2 North America Silicon Carbide Market by Country
6.3 North America Gallium Nitride Market by Country
6.4 North America Others Market by Country
6.4.1 North America Power Electronics Market by Country
6.5 US Power Electronics Market
6.5.1 US Power Electronics Market by Application
6.5.2 US Power Electronics Market by Device Type
6.5.3 US Power Electronics Market by Material
6.6 Canada Power Electronics Market
6.6.1 Canada Power Electronics Market by Application
6.6.2 Canada Power Electronics Market by Device Type
6.6.3 Canada Power Electronics Market by Material
6.7 Mexico Power Electronics Market
6.7.1 Mexico Power Electronics Market by Application
6.7.2 Mexico Power Electronics Market by Device Type
6.7.3 Mexico Power Electronics Market by Material
6.8 Rest of North America Power Electronics Market
6.8.1 Rest of North America Power Electronics Market by Application
6.8.2 Rest of North America Power Electronics Market by Device Type
6.8.3 Rest of North America Power Electronics Market by Material
Chapter 7. Company Profiles
7.1 NXP Semiconductors N.V.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.6 SWOT Analysis
7.2 Infineon Technologies AG
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Acquisitions and Mergers:
7.2.5.3 Product Launches and Product Expansions:
7.2.5.4 Geographical Expansions:
7.2.6 SWOT Analysis
7.3 Texas Instruments, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Acquisitions and Mergers:
7.3.5.3 Product Launches and Product Expansions:
7.3.5.4 Geographical Expansions:
7.3.6 SWOT Analysis
7.4 Toshiba Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research and Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.5.2 Geographical Expansions:
7.4.6 SWOT Analysis
7.5 Renesas Electronics Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Acquisition and Mergers:
7.5.5.3 Product Launches and Product Expansions:
7.6 ON Semiconductor Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Acquisitions and Mergers:
7.6.5.3 Product Launches and Product Expansions:
7.7 STMicroelectronics N.V.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Acquisitions and Mergers:
7.7.5.3 Product Launches and Product Expansions:
7.7.6 SWOT Analysis
7.8 Mitsubishi Electric Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent Strategies and Developments:
7.8.5.1 Acquisitions and Mergers:
7.8.5.2 Product Launches and Product Expansions:
7.8.6 SWOT Analysis
7.9 Fuji Electric Co. Ltd. (Furukawa Group)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Acquisitions and Mergers:
7.9.5.2 Product Launches and Product Expansions:
7.1 ABB Group
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Acquisitions and Mergers:
7.10.5.2 Product Launches and Product Expansions:
7.10.5.3 Geographical Expansions:
7.10.6 SWOT Analysis
TABLE 1 North America Power Electronics Market, 2017 - 2020, USD Million
TABLE 2 North America Power Electronics Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Power Electronics Market
TABLE 4 Product Launches And Product Expansions– Power Electronics Market
TABLE 5 Acquisition and Mergers– Power Electronics Market
TABLE 6 Geographical Expansions– Power Electronics Market
TABLE 7 North America Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 8 North America Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 9 North America Consumer Electronics Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Consumer Electronics Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Automotive & Transportation Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Automotive & Transportation Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Industrial Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Industrial Market by Country, 2021 - 2027, USD Million
TABLE 15 North America ICT Market by Country, 2017 - 2020, USD Million
TABLE 16 North America ICT Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Aerospace & Defense Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Aerospace & Defense Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Other Application Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Other Application Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 22 North America Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 23 North America Power IC Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Power IC Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Power Module Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Power Module Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Power Discrete Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Power Discrete Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 30 North America Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 31 North America Silicon Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Silicon Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Silicon Carbide Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Silicon Carbide Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Gallium Nitride Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Gallium Nitride Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Power Electronics Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Power Electronics Market by Country, 2021 - 2027, USD Million
TABLE 41 US Power Electronics Market, 2017 - 2020, USD Million
TABLE 42 US Power Electronics Market, 2021 - 2027, USD Million
TABLE 43 US Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 44 US Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 45 US Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 46 US Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 47 US Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 48 US Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 49 Canada Power Electronics Market, 2017 - 2020, USD Million
TABLE 50 Canada Power Electronics Market, 2021 - 2027, USD Million
TABLE 51 Canada Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 52 Canada Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 53 Canada Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 54 Canada Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 55 Canada Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 56 Canada Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 57 Mexico Power Electronics Market, 2017 - 2020, USD Million
TABLE 58 Mexico Power Electronics Market, 2021 - 2027, USD Million
TABLE 59 Mexico Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 60 Mexico Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 61 Mexico Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 62 Mexico Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 63 Mexico Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 64 Mexico Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 65 Rest of North America Power Electronics Market, 2017 - 2020, USD Million
TABLE 66 Rest of North America Power Electronics Market, 2021 - 2027, USD Million
TABLE 67 Rest of North America Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 68 Rest of North America Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 69 Rest of North America Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 70 Rest of North America Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 71 Rest of North America Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 72 Rest of North America Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 73 Key Information – NXP Semiconductors N.V.
TABLE 74 Key Information – Infineon Technologies AG
TABLE 75 Key Information – Texas Instruments, Inc.
TABLE 76 Key Information – Toshiba Corporation
TABLE 77 key information – Renesas Electronics Corporation
TABLE 78 Key Information – ON Semiconductor Corporation
TABLE 79 Key Information – STMicroelectronics N.V.
TABLE 80 key information – Mitsubishi Electric Corporation
TABLE 81 Key Information – Fuji Electric Co., Ltd.
TABLE 82 Key Information – ABB Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Sep – 2021, Nov) Leading Players
FIG 5 Swot analysis: NXP semiconductors N.V.
FIG 6 Recent strategies and developments: Infineon Technologies AG
FIG 7 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 8 Recent strategies and developments: Texas Instruments, Inc.
FIG 9 SWOT Analysis: Texas Instruments, Inc.
FIG 10 Recent strategies and developments: Toshiba Corporation
FIG 11 SWOT Analysis: Toshiba Corporation
FIG 12 Recent strategies and developments: Renesas Electronics Corporation
FIG 13 Recent strategies and developments: ON Semiconductor Corporation
FIG 14 Recent strategies and developments: STMicroelectronics N.V.
FIG 15 Swot analysis: stmicroelectronics n.v.
FIG 16 Recent Strategies and Developments: Mitsubishi Electric Corporation
FIG 17 SWOT Analysis: Mitsubishi Electric Corporation
FIG 18 Recent strategies and developments: Fuji Electric Co. Ltd. (Furukawa Group)
FIG 19 Recent strategies and developments: ABB Group
FIG 20 SWOT Analysis: ABB Group