Market Projections for Power Semiconductors: Growth Drivers and Challenges, 2024–2031
The global Power Semiconductor Market was valued at USD 48.93 billion in 2023 and is projected to grow to USD 76.57 billion by 2031, reflecting a CAGR of 5.97% during the forecast period. This growth is driven by the increasing demand for energy-efficient solutions across various sectors, including automotive, consumer electronics, and renewable energy. As […]