Power Semiconductor Global Market to 2028: Players Include Infineon Technology, ON Semiconductor, STMicroelectronics, Mitsubishi Electric and Toshiba
The global power semiconductor market was valued at US$46.72 billion in 2022.
- The global power semiconductor market was valued at US$46.72 billion in 2022.
- Power semiconductors are used to rectify and amplify electrical signals or turn the flow of electricity on and off.
- Moreover, the demand for power management devices such as voltage regulators, power switches, and power drivers is increasing due to the growing complexity of electronic systems, which is further contributing to the power semiconductor market growth.
- The key players in the global power semiconductor market are: