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Global Power Semiconductor Device and Module Market Growth (Status and Outlook) 2025-2031
Nov 2025
Semiconductor and Electronics
Pages: 188
LPI36889
According to this study, the global Power Semiconductor Device and Module market size will reach US$ 61220 million by 2031.
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This report studies the power semiconductor devices and modules.
Discrete power devices refer to electronic devices with individual functions and functions that cannot be disassembled. According to different chip structures and functions, they can be divided into diodes, triodes, bridge rectifiers, thyristors, etc., and can be divided from the perspective of power dissipation (or rated current) For small signal devices, power devices.
Discrete power devices are electronic devices based on semiconductor materials with fixed single characteristics and functions. The device is mainly composed of a chip, a lead/frame, and a plastic casing. The chip determines device functions, such as rectification, voltage stabilization, switching, protection, etc. The lead/frame realizes the connection between the chip and the external circuit and the heat export. Provide protection for the chip and internal structure, ensure the stable realization of its functions, and are highly related to core performance such as heat dissipation.
The semiconductor power modules include IGBT modules and SiC power modules.
The discrete power devices are mainly produced in North America, Europe, Japan, Europe, China mainland, China Taiwan, South Korea and Southeast Asia, etc. The global key players are mainly from Europe, US, Japan, China mainland, and China Taiwan. In 2022, the global top ten players hold a share nearly 60 percent in terms of revenue.
Currently, the key segment of SiC devices are SiC MOSFET modules, which hold a share about 52%, and will reach 60% in 2029.
In terms of application, Automotive & EV/HEV is the largest application of SiC devices, has a share about 60 percent in 2022, and will reach 68% in 2029.
Currently more and more new players are entering the SiC Power Devices market, especially in China market. It is predicted that the competition in SiC Power Devices market will become more intense in the coming years. In addition, China is leader of electric vehicle (EV), is the largest producer and consumer of electric vehicle (EV), etc.
LPI (LP Information) newest research report, the Power Semiconductor Device and Module Industry Forecast looks at past sales and reviews total world Power Semiconductor Device and Module sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Semiconductor Device and Module sales for 2025 through 2031. With Power Semiconductor Device and Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Semiconductor Device and Module industry.
This Insight Report provides a comprehensive analysis of the global Power Semiconductor Device and Module landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Power Semiconductor Device and Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Power Semiconductor Device and Module market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Semiconductor Device and Module and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Semiconductor Device and Module.
This report presents a comprehensive overview, market shares, and growth opportunities of Power Semiconductor Device and Module market by product type, application, key players and key regions and countries.
Segmentation by Type:
MOSFET
Diodes
IGBT
BJT
Thyristor
SiC Power Device
GaN Power Device
Segmentation by Application:
Automotive & EV/HEV
EV Charging
Industrial Motor/Drive
PV, Energy Storage, Wind Power
UPS, Data Center & Server
Rail Transport
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration.
Infineon
onsemi
STMicroelectronics
Mitsubishi Electric (Vincotech)
Nexperia
Vishay Intertechnology
Toshiba
Fuji Electric
Rohm
Renesas Electronics
Diodes Incorporated
Littelfuse (IXYS)
Alpha & Omega Semiconductor
Semikron Danfoss
Hitachi Power Semiconductor Device
Microchip
Sanken Electric
Semtech
MagnaChip
Bosch
Texas Instruments
KEC Corporation
Wolfspeed
PANJIT Group
Unisonic Technologies (UTC)
Niko Semiconductor
Hangzhou Silan Microelectronics
Yangzhou Yangjie Electronic Technology
China Resources Microelectronics Limited
Jilin Sino-Microelectronics
StarPower
NCEPOWER
Prisemi
Jiangsu Jiejie Microelectronics
OmniVision Technologies
Suzhou Good-Ark Electronics
Zhuzhou CRRC Times Electric
WeEn Semiconductors
Changzhou Galaxy Century Microelectronics
MacMic Science & Technolog
BYD
Hubei TECH Semiconductors
BASiC Semiconductor
Shandong Jingdao Microelectronics
CETC 55
Guangdong AccoPower Semiconductor
InventChip Technology
United Nova Technology
ANHI Semiconductor
Grecon Semiconductor (Shanghai)
Denso
Power Semiconductor Device and Module Market Scope
| Report Attribute | Details |
|---|---|
| Market Size (Start Year) | USD XX Million |
| Market Size (End Year) | USD XX Million |
| Compound Annual Growth Rate (CAGR) | USD XX Million |
| Forecast Period | USD XX Million |
| Base Year | USD XX Million |
| Historical Data | USD XX Million |
| Key Players | USD XX Million |
REPORT COVERAGE
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
SEGMENT COVERED
By component, deployment, organization size, application, and industry.
REGIONAL SCOPE
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
COUNTRY SCOPE
Includes key countries across all major regions.
📘 Frequently Asked Questions
1. What is the market size of Global Power Semiconductor Device and Module Market?
Answer: According to this study, the global Power Semiconductor Device and Module market size will reach US$ 61220 million by 2031.
2. Which regions are analyzed in the Global Power Semiconductor Device and Module Market report?
Answer: The Global Power Semiconductor Device and Module Market report covers major regions such as North America, Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.
3. What methodology is used for forecasting of Global Power Semiconductor Device and Module Market?
Answer: The Global Power Semiconductor Device and Module Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.
4. Are emerging markets analyzed separately in the Global Power Semiconductor Device and Module Market?
Answer: Yes, the Global Power Semiconductor Device and Module Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.
5. Does the report include competitive benchmarking of Global Power Semiconductor Device and Module Market?
Answer: Yes, Global Power Semiconductor Device and Module Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.
6. Can I access country-level data within the Global Power Semiconductor Device and Module Market report?
Answer: Yes, Global Power Semiconductor Device and Module Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.
7. Can I get customized insights or data from the Global Power Semiconductor Device and Module Market report?
Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.
🔐 Secure Payment Guaranteed
Safe checkout with trusted global payment methods.
🌟 Why Choose Infinity Market Research?
At Infinity Market Research, we dont just deliver data — we deliver clarity, confidence, and competitive edge.
In a world driven by insights, we help businesses unlock the infinite potential of informed decisions.
Here why global brands, startups, and decision-makers choose us:
Industry-Centric Expertise
With deep domain knowledge across sectors — from healthcare and technology to manufacturing and consumer goods — our team delivers insights that matter.
Custom Research, Not Cookie-Cutter Reports
Every business is unique, and so are its challenges. Thats why we tailor our research to your specific goals, offering solutions that are actionable, relevant, and reliable.
Data You Can Trust
Our research methodology is rigorous, transparent, and validated at every step. We believe in delivering not just numbers, but numbers that drive real impact.
Client-Centric Approach
Your success is our priority. From first contact to final delivery, our team is responsive, collaborative, and committed to your goals — because you re more than a client; you re a partner.
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