The North America Power Semiconductor Market would witness market growth of 4.2% CAGR during the forecast period (2023-2030).In the year 2019, the North America market's volume surged to 317.3 million units, showcasing a growth of 2.3% (2019-2022).
Electronic components, known as power semiconductors, are created specifically to manage high power levels in electrical circuits. They are essential in several applications, including power electronics, renewable energy systems, electric vehicles, industrial automation, and others. Power semiconductors are crucial for properly managing, controlling, and converting energy, enabling the dependable and efficient operation of contemporary electrical systems.
Power semiconductors are fundamentally solid-state electronics composed of semiconducting elements like silicon (Si) or silicon carbide (SiC). These substances have unique electrical properties that enable them to regulate the flow of electricity under certain circumstances. Diodes, transistors, and thyristors are the three main types of power semiconductors. One of the most basic power semiconductors is the diode, which allows current to flow in one direction while blocking it in the opposite direction. They are commonly utilized in rectifier circuits, where they transform alternating current (AC) into direct current (DC).
Diodes are essential for voltage regulation, power factor correction, and effective energy use. Complex power semiconductors, termed transistors, can switch and amplify electrical signals. They are commonly employed in many applications to control voltage and current. Power electronics usually use MOSFETs or metal-oxide-semiconductor field-effect transistors. They can withstand high voltages and current levels, fast switching rates, and low on-resistance. MOSFETs are employed in various devices, including inverters, power supplies, and motor drives.
The government of Mexico City has a strategic goal to increase mobility by switching to zero-emission local transportation. They intend to increase the proportion of electricity generated by clean energies from 25 to 35 percent by 2024. Government incentives for Mexican consumers include the exemption of local taxes and verifying emission control systems. Sales of EV as well as hybrid vehicles have also been boosted in Mexico by rising petrol prices and pollution alerts that prohibit the use of vehicles in public transportation. As a result of this surging demand for EVs & hybrid vehicles in the North America region is growing a need for electrically powered systems to replace traditional mechanical, hydraulic, and pneumatic loads, due to which the market is predicted to witness significant growth.
The US market dominated the North America Power Semiconductor Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $13,010.9 million by 2030. The Canada market is experiencing a CAGR of 6.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.6% during (2023 - 2030).
Based on Product, the market is segmented into Power MOSFET, IGBT, Thyristor, Power Diode, and Others. Based on Application, the market is segmented into IT & Telecom, Aerospace & Defense, Industrial, Automotive, Electronics, Energy & Power, Healthcare, and Others. Based on Material, the market is segmented into SiC, GaN, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Power Semiconductor Market is Projected to reach USD 67 Billion by 2030, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Infineon Technologies AG. Texas Instruments Inc., STMicroelectronics N.V., NXP Semiconductors N.V., ON Semiconductor Corporation, Mitsubishi Electric Corporation, Renesas Electronics Corporation, Toshiba Corporation, Fuji Electric Co., Ltd. and Hitachi, Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product (Volume, Million Units, USD Million, 2019-2030)
- Power MOSFET
- IGBT
- Thyristor
- Power Diode
- Others
By Application (Volume, Million Units, USD Million, 2019-2030)
- IT & Telecom
- Aerospace & Defense
- Industrial
- Automotive
- Electronics
- Energy & Power
- Healthcare
- Others
By Material (Volume, Million Units, USD Million, 2019-2030)
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Infineon Technologies AG
- Texas Instruments Inc.
- STMicroelectronics N.V.
- NXP Semiconductors N.V.
- ON Semiconductor Corporation
- Mitsubishi Electric Corporation
- Renesas Electronics Corporation
- Toshiba Corporation
- Fuji Electric Co., Ltd.
- Hitachi, Ltd.
TABLE 1 North America Power Semiconductor Market, 2019 - 2022, USD Million
TABLE 2 North America Power Semiconductor Market, 2023 - 2030, USD Million
TABLE 3 North America Power Semiconductor Market, 2019 - 2022, Million Units
TABLE 4 North America Power Semiconductor Market, 2023 - 2030, Million Units
TABLE 5 Partnerships, Collaborations and Agreements– Power Semiconductor Market
TABLE 6 Product Launches And Product Expansions– Power Semiconductor Market
TABLE 7 Acquisition and Mergers– Power Semiconductor Market
TABLE 8 Geographical Expansions– Power Semiconductor Market
TABLE 9 North America Power Semiconductor Market by Product, 2019 - 2022, USD Million
TABLE 10 North America Power Semiconductor Market by Product, 2023 - 2030, USD Million
TABLE 11 North America Power Semiconductor Market by Product, 2019 - 2022, Million Units
TABLE 12 North America Power Semiconductor Market by Product, 2023 - 2030, Million Units
TABLE 13 North America Power MOSFET Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Power MOSFET Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Power MOSFET Market by Country, 2019 - 2022, Million Units
TABLE 16 North America Power MOSFET Market by Country, 2023 - 2030, Million Units
TABLE 17 North America IGBT Market by Country, 2019 - 2022, USD Million
TABLE 18 North America IGBT Market by Country, 2023 - 2030, USD Million
TABLE 19 North America IGBT Market by Country, 2019 - 2022, Million Units
TABLE 20 North America IGBT Market by Country, 2023 - 2030, Million Units
TABLE 21 North America Thyristor Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Thyristor Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Thyristor Market by Country, 2019 - 2022, Million Units
TABLE 24 North America Thyristor Market by Country, 2023 - 2030, Million Units
TABLE 25 North America Power Diode Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Power Diode Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Power Diode Market by Country, 2019 - 2022, Million Units
TABLE 28 North America Power Diode Market by Country, 2023 - 2030, Million Units
TABLE 29 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Others Market by Country, 2019 - 2022, Million Units
TABLE 32 North America Others Market by Country, 2023 - 2030, Million Units
TABLE 33 North America Power Semiconductor Market by Application, 2019 - 2022, USD Million
TABLE 34 North America Power Semiconductor Market by Application, 2023 - 2030, USD Million
TABLE 35 North America Power Semiconductor Market by Application, 2019 - 2022, Million Units
TABLE 36 North America Power Semiconductor Market by Application, 2023 - 2030, Million Units
TABLE 37 North America IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 38 North America IT & Telecom Market by Country, 2023 - 2030, USD Million
TABLE 39 North America IT & Telecom Market by Country, 2019 - 2022, Million Units
TABLE 40 North America IT & Telecom Market by Country, 2023 - 2030, Million Units
TABLE 41 North America Aerospace & Defense Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Aerospace & Defense Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Aerospace & Defense Market by Country, 2019 - 2022, Million Units
TABLE 44 North America Aerospace & Defense Market by Country, 2023 - 2030, Million Units
TABLE 45 North America Industrial Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Industrial Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Industrial Market by Country, 2019 - 2022, Million Units
TABLE 48 North America Industrial Market by Country, 2023 - 2030, Million Units
TABLE 49 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Automotive Market by Country, 2019 - 2022, Million Units
TABLE 52 North America Automotive Market by Country, 2023 - 2030, Million Units
TABLE 53 North America Electronics Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Electronics Market by Country, 2023 - 2030, USD Million
TABLE 55 North America Electronics Market by Country, 2019 - 2022, Million Units
TABLE 56 North America Electronics Market by Country, 2023 - 2030, Million Units
TABLE 57 North America Energy & Power Market by Country, 2019 - 2022, USD Million
TABLE 58 North America Energy & Power Market by Country, 2023 - 2030, USD Million
TABLE 59 North America Energy & Power Market by Country, 2019 - 2022, Million Units
TABLE 60 North America Energy & Power Market by Country, 2023 - 2030, Million Units
TABLE 61 North America Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 62 North America Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 63 North America Healthcare Market by Country, 2019 - 2022, Million Units
TABLE 64 North America Healthcare Market by Country, 2023 - 2030, Million Units
TABLE 65 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 66 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 67 North America Others Market by Country, 2019 - 2022, Million Units
TABLE 68 North America Others Market by Country, 2023 - 2030, Million Units
TABLE 69 North America Power Semiconductor Market by Material, 2019 - 2022, USD Million
TABLE 70 North America Power Semiconductor Market by Material, 2023 - 2030, USD Million
TABLE 71 North America Power Semiconductor Market by Material, 2019 - 2022, Million Units
TABLE 72 North America Power Semiconductor Market by Material, 2023 - 2030, Million Units
TABLE 73 North America SiC Market by Country, 2019 - 2022, USD Million
TABLE 74 North America SiC Market by Country, 2023 - 2030, USD Million
TABLE 75 North America SiC Market by Country, 2019 - 2022, Million Units
TABLE 76 North America SiC Market by Country, 2023 - 2030, Million Units
TABLE 77 North America GaN Market by Country, 2019 - 2022, USD Million
TABLE 78 North America GaN Market by Country, 2023 - 2030, USD Million
TABLE 79 North America GaN Market by Country, 2019 - 2022, Million Units
TABLE 80 North America GaN Market by Country, 2023 - 2030, Million Units
TABLE 81 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 82 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 83 North America Others Market by Country, 2019 - 2022, Million Units
TABLE 84 North America Others Market by Country, 2023 - 2030, Million Units
TABLE 85 North America Power Semiconductor Market by Country, 2019 - 2022, USD Million
TABLE 86 North America Power Semiconductor Market by Country, 2023 - 2030, USD Million
TABLE 87 North America Power Semiconductor Market by Country, 2019 - 2022, Million Units
TABLE 88 North America Power Semiconductor Market by Country, 2023 - 2030, Million Units
TABLE 89 US Power Semiconductor Market, 2019 - 2022, USD Million
TABLE 90 US Power Semiconductor Market, 2023 - 2030, USD Million
TABLE 91 US Power Semiconductor Market, 2019 - 2022, Million Units
TABLE 92 US Power Semiconductor Market, 2023 - 2030, Million Units
TABLE 93 US Power Semiconductor Market by Product, 2019 - 2022, USD Million
TABLE 94 US Power Semiconductor Market by Product, 2023 - 2030, USD Million
TABLE 95 US Power Semiconductor Market by Product, 2019 - 2022, Million Units
TABLE 96 US Power Semiconductor Market by Product, 2023 - 2030, Million Units
TABLE 97 US Power Semiconductor Market by Application, 2019 - 2022, USD Million
TABLE 98 US Power Semiconductor Market by Application, 2023 - 2030, USD Million
TABLE 99 US Power Semiconductor Market by Application, 2019 - 2022, Million Units
TABLE 100 US Power Semiconductor Market by Application, 2023 - 2030, Million Units
TABLE 101 US Power Semiconductor Market by Material, 2019 - 2022, USD Million
TABLE 102 US Power Semiconductor Market by Material, 2023 - 2030, USD Million
TABLE 103 US Power Semiconductor Market by Material, 2019 - 2022, Million Units
TABLE 104 US Power Semiconductor Market by Material, 2023 - 2030, Million Units
TABLE 105 Canada Power Semiconductor Market, 2019 - 2022, USD Million
TABLE 106 Canada Power Semiconductor Market, 2023 - 2030, USD Million
TABLE 107 Canada Power Semiconductor Market, 2019 - 2022, Million Units
TABLE 108 Canada Power Semiconductor Market, 2023 - 2030, Million Units
TABLE 109 Canada Power Semiconductor Market by Product, 2019 - 2022, USD Million
TABLE 110 Canada Power Semiconductor Market by Product, 2023 - 2030, USD Million
TABLE 111 Canada Power Semiconductor Market by Product, 2019 - 2022, Million Units
TABLE 112 Canada Power Semiconductor Market by Product, 2023 - 2030, Million Units
TABLE 113 Canada Power Semiconductor Market by Application, 2019 - 2022, USD Million
TABLE 114 Canada Power Semiconductor Market by Application, 2023 - 2030, USD Million
TABLE 115 Canada Power Semiconductor Market by Application, 2019 - 2022, Million Units
TABLE 116 Canada Power Semiconductor Market by Application, 2023 - 2030, Million Units
TABLE 117 Canada Power Semiconductor Market by Material, 2019 - 2022, USD Million
TABLE 118 Canada Power Semiconductor Market by Material, 2023 - 2030, USD Million
TABLE 119 Canada Power Semiconductor Market by Material, 2019 - 2022, Million Units
TABLE 120 Canada Power Semiconductor Market by Material, 2023 - 2030, Million Units
TABLE 121 Mexico Power Semiconductor Market, 2019 - 2022, USD Million
TABLE 122 Mexico Power Semiconductor Market, 2023 - 2030, USD Million
TABLE 123 Mexico Power Semiconductor Market, 2019 - 2022, Million Units
TABLE 124 Mexico Power Semiconductor Market, 2023 - 2030, Million Units
TABLE 125 Mexico Power Semiconductor Market by Product, 2019 - 2022, USD Million
TABLE 126 Mexico Power Semiconductor Market by Product, 2023 - 2030, USD Million
TABLE 127 Mexico Power Semiconductor Market by Product, 2019 - 2022, Million Units
TABLE 128 Mexico Power Semiconductor Market by Product, 2023 - 2030, Million Units
TABLE 129 Mexico Power Semiconductor Market by Application, 2019 - 2022, USD Million
TABLE 130 Mexico Power Semiconductor Market by Application, 2023 - 2030, USD Million
TABLE 131 Mexico Power Semiconductor Market by Application, 2019 - 2022, Million Units
TABLE 132 Mexico Power Semiconductor Market by Application, 2023 - 2030, Million Units
TABLE 133 Mexico Power Semiconductor Market by Material, 2019 - 2022, USD Million
TABLE 134 Mexico Power Semiconductor Market by Material, 2023 - 2030, USD Million
TABLE 135 Mexico Power Semiconductor Market by Material, 2019 - 2022, Million Units
TABLE 136 Mexico Power Semiconductor Market by Material, 2023 - 2030, Million Units
TABLE 137 Rest of North America Power Semiconductor Market, 2019 - 2022, USD Million
TABLE 138 Rest of North America Power Semiconductor Market, 2023 - 2030, USD Million
TABLE 139 Rest of North America Power Semiconductor Market, 2019 - 2022, Million Units
TABLE 140 Rest of North America Power Semiconductor Market, 2023 - 2030, Million Units
TABLE 141 Rest of North America Power Semiconductor Market by Product, 2019 - 2022, USD Million
TABLE 142 Rest of North America Power Semiconductor Market by Product, 2023 - 2030, USD Million
TABLE 143 Rest of North America Power Semiconductor Market by Product, 2019 - 2022, Million Units
TABLE 144 Rest of North America Power Semiconductor Market by Product, 2023 - 2030, Million Units
TABLE 145 Rest of North America Power Semiconductor Market by Application, 2019 - 2022, USD Million
TABLE 146 Rest of North America Power Semiconductor Market by Application, 2023 - 2030, USD Million
TABLE 147 Rest of North America Power Semiconductor Market by Application, 2019 - 2022, Million Units
TABLE 148 Rest of North America Power Semiconductor Market by Application, 2023 - 2030, Million Units
TABLE 149 Rest of North America Power Semiconductor Market by Material, 2019 - 2022, USD Million
TABLE 150 Rest of North America Power Semiconductor Market by Material, 2023 - 2030, USD Million
TABLE 151 Rest of North America Power Semiconductor Market by Material, 2019 - 2022, Million Units
TABLE 152 Rest of North America Power Semiconductor Market by Material, 2023 - 2030, Million Units
TABLE 153 Key Information – Infineon Technologies AG
TABLE 154 Key Information – Texas Instruments, Inc.
TABLE 155 Key Information – STMicroelectronics N.V.
TABLE 156 Key Information – NXP Semiconductors N.V.
TABLE 157 Key Information – ON Semiconductor Corporation
TABLE 158 key Information – Mitsubishi Electric Corporation
TABLE 159 Key Information – Renesas Electronics Corporation
TABLE 160 Key Information – Toshiba Corporation
TABLE 161 Key Information – Fuji Electric Co., Ltd.
TABLE 162 Key Information – hitachi ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Power Semiconductor Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Power Semiconductor Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Oct – 2023, Jul) Leading Players
FIG 8 Porter’s Five Forces Analysis - Power Semiconductor Market
FIG 9 North America Power Semiconductor Market share by Product, 2022
FIG 10 North America Power Semiconductor Market share by Product, 2030
FIG 11 North America Power Semiconductor Market by Product, 2019 - 2030, USD Million
FIG 12 North America Power Semiconductor Market share by Application, 2022
FIG 13 North America Power Semiconductor Market share by Application, 2030
FIG 14 North America Power Semiconductor Market by Application, 2019 - 2030, USD Million
FIG 15 North America Power Semiconductor Market share by Material, 2022
FIG 16 North America Power Semiconductor Market share by Material, 2030
FIG 17 North America Power Semiconductor Market by Material, 2019 - 2030, USD Million
FIG 18 North America Power Semiconductor Market share by Country, 2022
FIG 19 North America Power Semiconductor Market share by Country, 2030
FIG 20 North America Power Semiconductor Market by Country, 2019 - 2030, USD Million
FIG 21 Recent strategies and developments: Infineon Technologies AG
FIG 22 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 23 Recent strategies and developments: Texas Instruments Inc.
FIG 24 SWOT Analysis: Texas Instruments, Inc.
FIG 25 SWOT Analysis: STMicroelectronics N.V.
FIG 26 SWOT Analysis: NXP Semiconductors N.V.
FIG 27 Recent strategies and developments: ON Semiconductor Corporation
FIG 28 SWOT Analysis: ON Semiconductor Corporation
FIG 29 SWOT Analysis: Mitsubishi Electric Corporation
FIG 30 SWOT Analysis: Renesas Electronics Corporation
FIG 31 SWOT Analysis: Toshiba Corporation
FIG 32 SWOT Analysis: Fuji Electric Co., Ltd.
FIG 33 Swot Analysis: Hitachi, Ltd.