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Power Electronics Market size to exceed $40 Bn by 2032

Power Electronics Market size is projected to surpass USD 40 billion by 2032, according to a recent research report announced by Global Market Insights Inc. Electrification trends across the automotive sector and the growing consumer preference for electric cars is expected to have a positive impact on the power electronics industry.

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Power Electronics Market size to exceed $40 Bn by 2032

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  1. Feb 2023 Embedded Systems Market size to surpass $250 Bn by 2032

  2. Feb 2023 Embedded Systems Market Analysis • Embedded Systems Market size is anticipated to surpass USD 250 billion by 2032, according to a new research report by Global Market Insights Inc. • Robust developments in advanced mobility solutions, automotive safety systems, and electric vehicles will facilitate the industry growth. Awareness regarding the safety benefits of advanced automotive features like ADAS and AEB has spiked the demand for embedded systems and components like microprocessors, microcontrollers, memory, and FPGAs across the automobile sector.

  3. Feb 2023 • Modernization of the industrial sector is set to be another major factor driving the industry expansion. The use of advanced technologies like industrial robots and automated systems has broadened the application scope of embedded systems across production plants. These systems are rigged with complex semiconductor components such as microprocessors and FPGAs that enable high accuracy and high-efficiency features.

  4. Feb 2023 Embedded Systems Market - Key Players • Infineon Technologies • NXP Semiconductors • Analog Devices • On Semiconductor • Renesas • Qualcomm • Intel Corporation • Samsung Electronics • Texas Instruments • Toshiba Corporation • STMicroelectronics

  5. Feb 2023 Browse Full Market Research Report @ https://www.gminsights.com/industry-analysis/embedded-system-market Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/117

  6. Feb 2023 Stay In Touch Website: www.gminsights.com Social Media:

  7. THANK YOU

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