Verified Market Research® a leading provider of business intelligence and market analysis is thrilled to announce the release of its comprehensive and authoritative report on the, ” Power Semiconductor Market Size and Forecast,”. This report presents a comprehensive analysis of the power semiconductor market, revealing crucial trends and data-driven insights set to impact industry stakeholders, manufacturers, and technology innovators.
, /PRNewswire/ — The Global Power Semiconductor Market Size is projected to grow at a CAGR of 2.37% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 35.68 Billion in 2024 and is expected to reach USD 43.03 Billion by the end of the forecast period.
The power semiconductor market is poised for significant expansion, fueled by the rapid transition to electrification, advancements in energy-efficient technologies, and rising demand in electric vehicles, industrial automation, and renewable energy systems. Our report delves into the latest market dynamics, highlighting emerging opportunities and …