Power Semiconductor Market Worth US$ 25.3 billion by 2030

1. Market Research Report EXCLUSIVE EDITION Global Power Semiconductor Market Report Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

2. Global Power Semiconductor Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

3. ABOUT MARKET STATSVILLE GROUP (MSG) Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG was initiated its working in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services. Market Statsville is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact. Market Statsville is your global data intelligence partner for reliable market research data, data gathering, and analytical services. MSG also has an extensive network of top-flight domestic and global research personals around the world, enabling us to provide high-quality worldwide research solutions that cater to a well-established company, government organizations, or a startup. MSG's clients have the authority to work directly with one or more of our researchers to gather the most useful data knowledge and analytical plan to formulate it in the actual practice. Market Statsville Group believes that to succeed, companies or individuals must blend digital and human capabilities most efficiently. MSG diverse and experienced global team of business consultants and market researchers will ensure the valuable reports for our clients through digging in-depth market information and functional expertise to continuously spark the changes and real-time valuation of variation in the market/industry. MSG works in a uniquely collaborative model throughout the business process across the globe to assist the client's company with the most accurate information that they are aiming for in the reports. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

5. Power Semiconductor Market 2022: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030 Power Semiconductor Market by Component (Discrete, Module, and Power Integrated Circuits), by Material (Silicon Carbide, Silicon/Germanium, and Gallium Nitride), by End-Users, by Region – Global Share and Forecast to 2030 Description According to the Market Statsville Group (MSG), the global power semiconductor market size was valued at USD 19.3 billion in 2021. It is expected to reach USD 25.3 billion by 2030, registering a CAGR of 4.8% from 2022 to 2030. Power semiconductors perform similar tasks as regular semiconductor devices. These high-performance components can handle extreme voltages, high electrical currents, and frequencies up to several gigawatts. Like all semiconductor devices, power semiconductors are used to rectify and amplify electrical signals or turn the flow of electricity on and off. These are typically used for industrial applications and the long-distance transmission and distribution of electricity. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

6. The developments by the manufacturers are expected to boost market growth. For instance, in April 2019, Tesla had introduced the new Model S and Model X with silicon carbide power electronics in the drive unit, and BorgWarner introduced new onboard chargers. Volkswagen selected Cree for the Volkswagen Group FAST Program to secure silicon carbide supplies for upcoming Evs. Further, semiconductors use SiC for reduced energy loss and longer life solar and wind energy power converters. For instance, photovoltaic energy mostly requires high power, low -loss, faster switching, and reliable semiconductor devices to increase efficiency, power density, and reliability. Request Sample Copy of this Report: https://www.marketstatsville.com/request- sample/power-semiconductor-market Global Power Semiconductor Market Definition A power Semiconductor is a semiconductor device that is used as a rectifier or switches in power electronics (for instance, in a switch-mode power supply). The study covers components such as modules, power-integrated circuits, discrete, and materials such as silicon carbide, gallium nitride, and others. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

7. Global Power Semiconductor Market Dynamics Drivers: Growing Demand for Energy-Efficient Battery-Powered Portable Devices The increasing demand for consumer electronics and wireless communications and other factors, such as the growing demand for energy-efficient battery-powered portable devices, are expected to drive the demand and positively impact market growth. Today, consumer electronics are powered by Lithium-ion technology, which is considered the best power source yet devised. These contemporary batteries are challenged with certain limitations. The trend in such a segment has been to increase the device's battery life. In a bid to develop energy-efficient batteries, superior solutions are under development in labs worldwide. Manufacturers are increasing the battery capacity of their devices, due to which the demand for shorter charging is driving the market growth. The trend has been the same for all wearable and portable devices. The manufacturers want their customers to spend less time plugged in and manufacturers like OPPO, one plus, Motorola, Samsung, and Apple provide fast charge adapters out of the box, and fast charging is the key to their marketing strategy © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

8. Restraints: Shortage of Silicon Wafers and Variable Driving Requirements While factors such as increasing demand for consumer electronics and wireless communications and growing demand for energy-efficient battery-powered portable devices are driving the market growth, factors such as the shortage of silicon wafers across the globe coupled with the ROI metrics are anticipated to challenge the market growth. Also, according to Semiconductor Equipment and Materials International (SEMI), silicon wafer market sales could witness a dip amidst the looming uncertainty surrounding the impact of COVID-19. However, Industry experts believe that the demand could climb on the strength of rebounding chip sales. SEMI also estimates that silicon wafer shipments across the globe are expected to witness a growth of 2.4% year-over-year in 2020, with growth continuing in 2021 and shipments reaching a record high in 2022. Scope of the Global Power Semiconductor Market The study categorizes the power semiconductor market based on component, material, end-users, and region Direct Purchase Report: https://www.marketstatsville.com/buy-now/power- semiconductor-market?opt=2950 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

9. By Component Outlook (Sales/Revenue, USD Million, 2017-2030) •Discrete •Module •Power Integrated Circuits By Material Outlook (Sales/Revenue, USD Million, 2017-2030) •Silicon/Germanium •Silicon Carbide (Sic) •Gallium Nitride (Gann) By End-Users Outlook (Sales/Revenue, USD Million, 2017-2030) •Automotive •Consumer Electronics •IT and Telecommunication •Military and Aerospace •Power •Industrial •Others © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

10. By Region Outlook (Sales/Revenue, USD Million, 2017-2030) •North America • US • Canada • Mexico •Europe • Germany • Italy • France • UK • Spain • Poland • Russia • The Netherlands • Norway • Czech Republic • Rest of Europe •Asia Pacific • China • Japan • India • South Korea • Indonesia • Malaysia • Thailand • Singapore • Australia & New Zealand • Rest of Asia Pacific © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 10

11. •South America • Brazil • Argentina • Colombia • Rest of South America •The Middle East & Africa • Saudi Arabia • UAE • South Africa • Northern Africa • Rest of MEA The power integrated circuits segment is projected to account for the largest market share Based on type, the global power semiconductor market is divided into discrete, module, and power integrated circuits. In 2021, the power integrated circuits segment accounted for the largest market share of 54.1% in the global power semiconductor market. Power integrated circuits (ICs) operate as a rectifier or switch in high-voltage applications such as power supplies, automotive, solar, and trains. The ICs allow the flow of electricity in the on state and stop it in the off state. They boost the efficiencies and minimize the energy losses in systems. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 11

12. With the increasing need for power management in several IoT applications, specific power management ICs are included in the different emitter products. They are also being used in data center applications to cope with the high amounts of information in the cloud. The power management ICs are also being included in the medical market as there is an increased need for power management due to medical wearables and connected healthcare applications. Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/power-semiconductor-market Asia Pacific accounts for the highest CAGR during the forecast period Based on the regions, the global power semiconductor market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Globally, Asia Pacific is estimated to hold the highest CAGR of 5.2% in the global power semiconductor market during the forecast period. China is the largest producer of electricity in the world. The country's energy demand is likely to increase, resulting in energy production growth. For instance, in October 2020, China revealed the world's second-largest solar power plant; its largest solar power plant is connected with the grid. With a capacity of 2 . 2GW, the solar park in Qinghai Province in China's northwest is among the world's most significant, second only to the 2 .245GW -capacity Bhadla solar park in India. The giant power station is expected to be one of the central government's proposals to create a renewable energy super grid in the western part. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 12

13. After the Asia Pacific, North America is estimated to be the fastest-growing region with a CAGR of 4.7% during the study period. Autonomous vehicles and connected vehicles are key developments in the automotive industry. Economic developments increase the per capita income of customers; thus, there is an increase in the living standard. An increase in the demand for comfort and luxury vehicles can be attributed to the rise in per capita income, which fuels the demand for autonomous vehicles. The increasing demand for autonomous vehicles is driving market growth in the region. For instance, in April 2020, Karma Automotive, a Southern California -based high -tech incubator and creator of luxury electric vehicles, entered the final stage of development for two new Silicon Carbide (SiC) Inverters to enhance electric mobility charging. Request For Report Description: https://www.marketstatsville.com/power- semiconductor-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 13

14. Thank You Thank You Market Market Statsville StatsvilleGroup (MSG) Group (MSG) F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 Phone : +91 702 496 8807 Mail : sales@marketstatsville.com 800 Third Avenue Suite A #1519 New York, NY 10022 Phone : +1 (646) 663-5829 Mail : sales@marketstatsville.com