Power Semiconductor Market Size
Market Size in USD Bn
CAGR4.7%
| Study Period | 2025-2032 |
| Base Year of Estimation | 2024 |
| CAGR | 4.7% |
| Market Concentration | Medium |
| Major Players | Infineon Technologies AG, Texas Instruments Inc., STMicroelectronics NV, Toshiba Corporation, Mitsubishi Electric Corporation and Among Others |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Power Semiconductor Market Analysis
The power semiconductor market is estimated to be valued at USD 55.03 Bn in 2025 and is expected to reach USD 75.90 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.7% from 2025 to 2032. Key drivers of the power semiconductor market include growing adoption of electric and hybrid vehicles coupled with increasing penetration of smart grids and smart homes.