The Size and shape of the Europe Power Electronics Market are apprehended to grow in a remarkable way during the forecasted period of 2020-2025.
Power electronics is an application of solid-state electronics for the controlling and conversion of electric power. This is a pivotal technology to save energy and high functionalizing in the usage of electricity. These power electronics applications have a high voltage tendency and decrease current to reduce the loss of conduction. Mercury-arc valves are the first high power electronic devices. The primary component for the high voltage power electronics is the power semiconductor device for switching operations.
The European Commission has committed a commitment to achieve 20% and 27% of the overall energy consumption with the help of renewable sources by 2020 and 2030, respectively. The growth of the power electronics business in the European region is attributed to the initiative taken by European countries to increase the production of renewable energy.
STMicroelectronics, the world's leading semiconductor supplier spanning multiple electronic applications, has introduced an ultra-low-power microcontroller (MCUs), STM32L5 x2 series, featuring security as a high priority to provide better protection for IoT connected applications.
Infineon Technologies AG, a German semiconductor manufacturer, has announced that they have received all necessary regulatory approvals for acquiring Cypress Semiconductor Corporation, where the transaction is about to end within five business days.
The qualities of these power electronic devices like ensuring the power getting delivered effectively to offer high security, reliability, and flexibility to the power system which is has a crucial role in converting existing electrical grids into next-generation networks is the primary driver for the growth of the Europe Power Electronics Market. And the growing concerns regarding the environmental and grid capacity issues are further bolstering the demand for renewable energy sources, thus boosting the power electronics market growth in this area.
However, the current leakage at high temperature and high infrastructure deployment cost is the hindering factor for the growth of the target market in Europe.
But, the proactive government initiatives to establish high voltage direct current (HVDC) and smart grid utilizing power devices for power conversation are estimated to create lucrative opportunities for local market growth.
Market Segmentation of Europe Power Electronics Market until 2025.
By Device Type: Power Discrete, Power Modules, and Power ICs.
By Type Material: Silicon, Silicon Carbide, Gallium Nitride, Sapphire, and Others.
By Voltage Outlook: Low Voltage (up to 1 kV), Medium Voltage (1.1 to 2.0 kV), and High Voltage (above 2.0 kV).
By Component: Robot Controller Unit, Robotic Arm, End Effector, Drive, Sensors, Power Supply, Motors, and Others.
By Application: Power Management, Drives, UPS, Rail Traction, Transportation, Renewable, and Others. The power management segment has further divided into Power Generation & Storage and Sensing & Measurement.
By Vertical: ICT, Consumer Electronics, Energy & Power, Industrial, Automotive, Aerospace & Defense, and Others.
By Region: UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe. In the regional analysis of the Europe Power Electronics Market, Germany, UK, and France are the major contributors to the market's revenue. The growth of the power electronics market in these countries is due to the presence of the most excellent electricity grid systems and the significant engineering developments of these power electronics technologies.
The Key Players of the Europe Power Electronics Market include Infineon Technologies (Germany), Texas Instruments (US), Mitsubishi Electric (Japan), Fuji Electric (Japan), On Semiconductor (US), STMicroelectronics (Switzerland), Renesas Electronics (Japan), Toshiba (Japan), NXP Semiconductors (The Netherland), Vishay Intertechnology (US), Maxim Integrated Products (US), SEMIKRON (Germany), ABB (Switzerland), Hitachi (Japan), Analog Devices (US), ROHM Semiconductor (Japan), Microsemi (US), Littelfuse (US), Microchip Technology (US), and Danfoss (Denmark).
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By End-Use
5.1.3 Aerospace and Defence
5.1.5 Consumer Electronics
5.1.6 Energy and Power
5.1.7 Y-o-Y Growth Analysis
5.1.8 Market Attractiveness Analysis
5.1.9 Market Share Analysis
5.2 By Type
5.2.2 Power Module
5.2.3 Power Discrete
5.2.4 Power IC
5.2.5 Y-o-Y Growth Analysis
5.2.6 Market Attractiveness Analysis
5.2.7 Market Share Analysis
5.3 By Material Type
5.3.2 Gallium Nitrade
5.3.4 Silicon Carbide
5.3.5 Y-o-Y Growth Analysis
5.3.6 Market Attractiveness Analysis
5.3.7 Market Share Analysis
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By End-Use
22.214.171.124 By Material Type
6.1.4 Market Attractiveness Analysis
126.96.36.199 By Geographical Area
188.8.131.52 By End-Use
184.108.40.206 By Material Type
6.1.5 Market Share Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By End-Use
22.214.171.124 By Material Type
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leader Analysis
8.1 Infineon Technologies
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Texas Intruments
8.4 Fuji Electric
8.7 Mitsubishi Electric
8.8 On Semiconductor
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
The segment-level analysis in terms of Classification and along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Europe Power Electronics Market By Region, From 2019-2024 ( USD Billion )
Europe Power Electronics Market By End-User, From 2019-2024 ( USD Billion )
Europe Automotive Market By Region, From 2019-2024 ( USD Billion )
Europe Aerospace and Defense Market By Region, From 2019-2024 ( USD Billion )
Europe Information Technology Market By Region, From 2019-2024 ( USD Billion )
Europe Consumer Electronics Market By Region, From 2019-2024 ( USD Billion )
Europe Energy and Power Market By Region, From 2019-2024 ( USD Billion )
Europe Power Electronics Market By Type, From 2019-2024 ( USD Billion )
Europe Power Module Market By Region, From 2019-2024 ( USD Billion )
Europe Power Discrete Market By Region, From 2019-2024 ( USD Billion )
Europe Power IC Market By Region, From 2019-2024 ( USD Billion )
Europe Power Electronics Market By Material Type, From 2019-2024 ( USD Billion )
Europe Sapphire Market By Region, From 2019-2024 ( USD Billion )
Europe Aluminium Nitride Market By Region, From 2019-2024 ( USD Billion )
Europe Silicon Market By Region, From 2019-2024 ( USD Billion )
Europe Silicon Carbide Market By Region, From 2019-2024 ( USD Billion )