NEWS

Institution: The power semiconductor market is expected to reach US$30.6 billion by 2027.


Release Time:

Nov 01,2022

Source: Tonghuashun Finance  

  

DIGITIMES Research Observing that, under the transformative shift in the new energy landscape, the power semiconductor market will benefit significantly from trends such as electric vehicles and new energy generation, from… 2021 Year 204 hundreds of millions of US dollars at a compound annual growth rate (CAGR) 6.9% the speed, growing to 2027 Year 306 Billions of US dollars. Among them, the vigorous development of applications such as industrial automation, uninterruptible power systems, high‑voltage DC grids, and energy storage systems is driving growth in demand for power semiconductors.