Asia Pacific Power Electronics Market Size & Outlook
The power electronics market in Asia Pacific is expected to reach a projected revenue of US$ 17,493.3 million by 2030. A compound annual growth rate of 3% is expected of Asia Pacific power electronics market from 2024 to 2030.
- Semiconductors, Electronics & Components
- Semiconductor Components & Infrastructure
- Power Electronics Market Outlook
- Semiconductor Components & Infrastructure
Revenue, 2023 (US$M)
$14,229.1
Forecast, 2030 (US$M)
$17,493.3
CAGR, 2024 - 2030
3.0%
Report Coverage
Asia Pacific
Asia Pacific Power Electronics Market, 2018-2030 (US$M)
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Asia Pacific power electronics market highlights
- An overview of the Asia Pacific power electronics market trends heading towards 2030. The Asia Pacific market generated a revenue of USD 14,229.1 million in 2023.
- The overall growth of the Asia Pacific market from 2023 to 2030. The market is expected to grow at a CAGR of 3% from 2024 to 2030.
- A look at the Asia Pacific market revenues per segment in 2023. In terms of segment, silicon (si) was the largest revenue generating material in 2023.
- The segment witnessing the fastest revenue growth within the market. Silicon (Si) is the most lucrative material segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 14,229.1 million |
| Market revenue in 2030 | USD 17,493.3 million |
| Growth rate | 3% (CAGR from 2023 to 2030) |
| Largest segment | Silicon (si) |
| Fastest growing segment | Silicon (Si) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Silicon (Si) |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 37.3% of the global power electronics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 4,614.8 million by 2030.
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Publish Date: Jul 29, 2024
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Power Electronics Market Scope
Power Electronics Market segmentation & scope
Device
Discrete
Module
Application
ICT
Consumer Electronics
Power
Industrial
Automotive
Aerospace & Defense
Others
Power Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mitsubishi Electric Corp | View profile | 149,134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | www.mitsubishielectric.com |
| STMicroelectronics NV | View profile | 51,323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | www.st.com |
| Infineon Technologies AG | View profile | 59,364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | www.infineon.com |
| Rohm Co Ltd | View profile | 23,751 | 21, Saiin Mizosaki-cho, Ukyo-ku, Kyoto, Japan, 615-8585 | www.rohm.co.jp |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | www.toshiba.com/tai/ |
| ABB Ltd ADR | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Vishay Intertechnology Inc | View profile | 23,500 | 63 Lancaster Avenue, Malvern, PA, United States, 19355-2143 | www.vishay.com |
| Renesas Electronics Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | www.renesas.com |
| Texas Instruments Incorporated | View profile | - | - | - |
Asia Pacific Power Electronics Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Power Electronics Market Outlook will help companies and investors design strategic landscapes.
Silicon (Si) was the largest segment with a revenue share of 100.0% in 2023.
Horizon Databook has segmented the Asia Pacific power electronics market based on silicon (si) covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Power Electronics Market Material Outlook (Revenue, USD Million , 2018-2030)
- Silicon (Si)
- Sapphire
- Silicon Carbide (SiC)
- Gallium Nitride (GaN)
- Asia Pacific Power Electronics Market Device Outlook (Revenue, USD Million , 2018-2030)
- Discrete
- Module
- Asia Pacific Power Electronics Market Application Outlook (Revenue, USD Million , 2018-2030)
- ICT
- Consumer Electronics
- Power
- Industrial
- Automotive
- Aerospace & Defense
- Others
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Target buyers of Power Electronics Market Outlook databook
- Our clientele includes a mix of Power Electronics Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Power Electronics Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Power Electronics Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.