The Europe Power Electronics Market would witness market growth of 4.0% CAGR during the forecast period (2021-2027).
Power electronics are instrumental in electrified vehicle applications, which offer high-efficient and compact solutions to power conversion. Power electronics refers to the circuitry device, which can convert power from one source to a load in a compact, effective, and robust way to facilitate optimum usage. Along with that, this device is utilized to regulate the conversion of electric power by utilizing transistors, diodes, and thyristors.
The production of renewable energy, advancements in energy infrastructure, and energy-efficient compact electronics components are some of the key aspects fueling the growth of the power electronics market. Specifically, silicon carbide (SiC) and gallium nitride (GaN) are appropriate for utilization in power electronics.
The strong automotive industry of the region along with the presence of numerous key market players is estimated to spur the growth of the regional power electronics market over the forecast period. In addition, the capabilities of these power electronics such as ensuring efficient delivery of power to provide high reliability, security, and flexibility to the power system help in converting prevailing electrical grids into next-generation networks.
The Germany market dominated the Europe Consumer Electronics Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,249 million by 2027. The UK market is exhibiting a CAGR of 2.1% during (2021 - 2027). Additionally, The France market would witness a CAGR of 3.7% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Power Electronics Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Power Electronics Market, by Application
1.4.2 Europe Power Electronics Market, by Device type
1.4.3 Europe Power Electronics Market, by Material
1.4.4 Europe 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. Europe Power Electronics Market by Application
4.1 Europe Consumer Electronics Market by Country
4.2 Europe Automotive & Transportation Market by Country
4.3 Europe Industrial Market by Country
4.4 Europe ICT Market by Country
4.5 Europe Aerospace & Defense Market by Country
4.6 Europe Other Application Market by Country
Chapter 5. Europe Power Electronics Market by Device Type
5.1 Europe Power IC Market by Country
5.2 Europe Power Module Market by Country
5.3 Europe Power Discrete Market by Country
Chapter 6. Europe Power Electronics Market by Material
6.1 Europe Silicon Market by Country
6.2 Europe Silicon Carbide Market by Country
6.3 Europe Gallium Nitride Market by Country
6.4 Europe Others Market by Country
Chapter 7. Europe Power Electronics Market by Country
7.1 Germany Power Electronics Market
7.1.1 Germany Power Electronics Market by Application
7.1.2 Germany Power Electronics Market by Device Type
7.1.3 Germany Power Electronics Market by Material
7.2 UK Power Electronics Market
7.2.1 UK Power Electronics Market by Application
7.2.2 UK Power Electronics Market by Device Type
7.2.3 UK Power Electronics Market by Material
7.3 France Power Electronics Market
7.3.1 France Power Electronics Market by Application
7.3.2 France Power Electronics Market by Device Type
7.3.3 France Power Electronics Market by Material
7.4 Russia Power Electronics Market
7.4.1 Russia Power Electronics Market by Application
7.4.2 Russia Power Electronics Market by Device Type
7.4.3 Russia Power Electronics Market by Material
7.5 Spain Power Electronics Market
7.5.1 Spain Power Electronics Market by Application
7.5.2 Spain Power Electronics Market by Device Type
7.5.3 Spain Power Electronics Market by Material
7.6 Italy Power Electronics Market
7.6.1 Italy Power Electronics Market by Application
7.6.2 Italy Power Electronics Market by Device Type
7.6.3 Italy Power Electronics Market by Material
7.7 Rest of Europe Power Electronics Market
7.7.1 Rest of Europe Power Electronics Market by Application
7.7.2 Rest of Europe Power Electronics Market by Device Type
7.7.3 Rest of Europe Power Electronics Market by Material
Chapter 8. Company Profiles
8.1 NXP Semiconductors N.V.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Infineon Technologies AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisitions and Mergers:
8.2.5.3 Product Launches and Product Expansions:
8.2.5.4 Geographical Expansions:
8.2.6 SWOT Analysis
8.3 Texas Instruments, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisitions and Mergers:
8.3.5.3 Product Launches and Product Expansions:
8.3.5.4 Geographical Expansions:
8.3.6 SWOT Analysis
8.4 Toshiba Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research and Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Geographical Expansions:
8.4.6 SWOT Analysis
8.5 Renesas Electronics Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.5.5.3 Product Launches and Product Expansions:
8.6 ON Semiconductor Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Acquisitions and Mergers:
8.6.5.3 Product Launches and Product Expansions:
8.7 STMicroelectronics N.V.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Acquisitions and Mergers:
8.7.5.3 Product Launches and Product Expansions:
8.7.6 SWOT Analysis
8.8 Mitsubishi Electric Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent Strategies and Developments:
8.8.5.1 Acquisitions and Mergers:
8.8.5.2 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Fuji Electric Co. Ltd. (Furukawa Group)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisitions and Mergers:
8.9.5.2 Product Launches and Product Expansions:
8.1 ABB Group
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
8.10.5.1 Acquisitions and Mergers:
8.10.5.2 Product Launches and Product Expansions:
8.10.5.3 Geographical Expansions:
8.10.6 SWOT Analysis
TABLE 1 Europe Power Electronics Market, 2017 - 2020, USD Million
TABLE 2 Europe 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 Europe Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 8 Europe Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 9 Europe Consumer Electronics Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Consumer Electronics Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Automotive & Transportation Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Automotive & Transportation Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Industrial Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Industrial Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe ICT Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe ICT Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe Aerospace & Defense Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe Aerospace & Defense Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Other Application Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Other Application Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 22 Europe Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 23 Europe Power IC Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Power IC Market by Country, 2021 - 2027, USD Million
TABLE 25 Europe Power Module Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe Power Module Market by Country, 2021 - 2027, USD Million
TABLE 27 Europe Power Discrete Market by Country, 2017 - 2020, USD Million
TABLE 28 Europe Power Discrete Market by Country, 2021 - 2027, USD Million
TABLE 29 Europe Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 30 Europe Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 31 Europe Silicon Market by Country, 2017 - 2020, USD Million
TABLE 32 Europe Silicon Market by Country, 2021 - 2027, USD Million
TABLE 33 Europe Silicon Carbide Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe Silicon Carbide Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe Gallium Nitride Market by Country, 2017 - 2020, USD Million
TABLE 36 Europe Gallium Nitride Market by Country, 2021 - 2027, USD Million
TABLE 37 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 38 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 39 Europe Power Electronics Market by Country, 2017 - 2020, USD Million
TABLE 40 Europe Power Electronics Market by Country, 2021 - 2027, USD Million
TABLE 41 Germany Power Electronics Market, 2017 - 2020, USD Million
TABLE 42 Germany Power Electronics Market, 2021 - 2027, USD Million
TABLE 43 Germany Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 44 Germany Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 45 Germany Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 46 Germany Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 47 Germany Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 48 Germany Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 49 UK Power Electronics Market, 2017 - 2020, USD Million
TABLE 50 UK Power Electronics Market, 2021 - 2027, USD Million
TABLE 51 UK Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 52 UK Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 53 UK Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 54 UK Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 55 UK Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 56 UK Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 57 France Power Electronics Market, 2017 - 2020, USD Million
TABLE 58 France Power Electronics Market, 2021 - 2027, USD Million
TABLE 59 France Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 60 France Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 61 France Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 62 France Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 63 France Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 64 France Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 65 Russia Power Electronics Market, 2017 - 2020, USD Million
TABLE 66 Russia Power Electronics Market, 2021 - 2027, USD Million
TABLE 67 Russia Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 68 Russia Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 69 Russia Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 70 Russia Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 71 Russia Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 72 Russia Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 73 Spain Power Electronics Market, 2017 - 2020, USD Million
TABLE 74 Spain Power Electronics Market, 2021 - 2027, USD Million
TABLE 75 Spain Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 76 Spain Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 77 Spain Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 78 Spain Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 79 Spain Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 80 Spain Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 81 Italy Power Electronics Market, 2017 - 2020, USD Million
TABLE 82 Italy Power Electronics Market, 2021 - 2027, USD Million
TABLE 83 Italy Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 84 Italy Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 85 Italy Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 86 Italy Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 87 Italy Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 88 Italy Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 89 Rest of Europe Power Electronics Market, 2017 - 2020, USD Million
TABLE 90 Rest of Europe Power Electronics Market, 2021 - 2027, USD Million
TABLE 91 Rest of Europe Power Electronics Market by Application, 2017 - 2020, USD Million
TABLE 92 Rest of Europe Power Electronics Market by Application, 2021 - 2027, USD Million
TABLE 93 Rest of Europe Power Electronics Market by Device Type, 2017 - 2020, USD Million
TABLE 94 Rest of Europe Power Electronics Market by Device Type, 2021 - 2027, USD Million
TABLE 95 Rest of Europe Power Electronics Market by Material, 2017 - 2020, USD Million
TABLE 96 Rest of Europe Power Electronics Market by Material, 2021 - 2027, USD Million
TABLE 97 Key Information – NXP Semiconductors N.V.
TABLE 98 Key Information – Infineon Technologies AG
TABLE 99 Key Information – Texas Instruments, Inc.
TABLE 100 Key Information – Toshiba Corporation
TABLE 101 key information – Renesas Electronics Corporation
TABLE 102 Key Information – ON Semiconductor Corporation
TABLE 103 Key Information – STMicroelectronics N.V.
TABLE 104 key information – Mitsubishi Electric Corporation
TABLE 105 Key Information – Fuji Electric Co., Ltd.
TABLE 106 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