Sizing-up the $23 Billion Discrete Power Electronics Market in 2024

October 31, 2014 | State of the Market Report

Power electronics are devices that transform and control electrical energy, managing the attributes – such as voltage, current, frequency, and waveform – that are necessary for the proper functioning of almost anything that runs on electricity, from consumer electronics to electric motors to renewables on the electricity grid itself. This report is an update to the original report titled “Beyond Silicon: Plotting GaN and SiC’s Path within the $15 Billion Power Electronics Market” looking in to power electronics markets for applications including IT and electronics, Renewables and grid, Transportation and Buildings and industrial. This report will size the market for silicon, gallium nitride (GaN) and silicon carbide (SiC) in all applications, explicitly highlighting end markets that will drive adoption for these new materials as well as pointing to specific drivers for changes in rate of adoption in different applications.

Table of Contents

  • Title page
  • Executive Summary
  • Introduction
  • Industry Outlook for Materials
  • Industry Outlook for Companies

Lead Analyst

Pallavi Madakasira


Jonathan Melnick, Ph.D.