Power Module (PSiP and PwrSoC) Market Share

Report ID: 2280
Published Date: Dec 23, 2024
Report Format: PDF, PPT

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The global power module market is segmented by regions into North America, Latin America, Europe, Asia-Pacific and Middle East and Africa. Asia Pacific industry is set to dominate majority revenue share of 41% by 2037. Moreover, the market in the region is anticipated to gain an incremental $ opportunity of USD 148.1 million in the year 2020 as compared to the previous year. On the other hand, the market in the region is anticipated to register the highest CAGR of 9.39% throughout the forecast period.

Further, the market in Europe is anticipated to grow with a significant CAGR of 8.57% throughout the forecast period. The market in the region is further anticipated to gain an incremental $ opportunity of USD 82.4 million in the year 2020 as compared to the previous year.

Browse key industry insights with market data tables & charts from the report:

Power Modules Market Size & Share, Growth Report 2037

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of power modules is estimated at USD 7.99 billion.

Power Modules Market size was valued at USD 7.19 billion in 2024 and is likely to cross USD 35.62 billion by 2037, expanding at more than 13.1% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is set to dominate majority revenue share of 41% by 2037, Asia Pacific industry is expected to hold largest revenue share of 41% by 2037

The major players in the market are Fuji Electric Co., Ltd., Mitsubishi Electric Corporation, Semikron Group, Infineon Technologies AG, Texas Instruments Incorporated, Dynex Semiconductor Ltd., Semiconductor Components Industries, LLC