Power Electronics Market Research
Power electronics is the application of solid-state electronics for the control and conversion of electric power. This is fast becoming a very significant mode of power generation, globally. Power electronics has transformed rapidly during the last few years and the number of applications has been steadily increasing, mainly owing to the developments of semiconductor devices and microprocessor technology.
Research highlights that the global market for power electronics was worth $9.8 billion in 2007. This is expected to reach $17.7 billion by 2013, at a compound annual growth rate (CAGR) of 11.7%. The U.S. market alone generated $2.1 billion in 2007 and is likely to reach $3.9 billion in 2013, at a CAGR of 12.1%.
The Power Electronics market research reports incorporate trend analysis, statistics, market size information, industry growth rates, as well as market share of competitors. The comprehensive research also goes on to examine details such as technology & systems and domestic & international markets.
The study is an essential resource for top-level data and analysis covering the power electronics industry. It includes detailed data on market size and segmentation, comprehensive analysis of the key trends and competitive landscape, and profiles of the leading companies.
