What is the expected growth rate of the power semiconductor market?
The power semiconductor market is expected to grow at a compound annual growth rate (CAGR) of 15.0% from 2024 to 2031
What are the key drivers of the power semiconductor market growth?
The increasing demand for electric vehicles and consumer electronics is driving the growth of the power semiconductor market.
Who are the major players in the power semiconductor market?
Some of the key players in the power semiconductor market include Infineon Technologies, STMicroelectronics, and NXP Semiconductors.
Which region is the fastest-growing market for power semiconductors?
The Asia-Pacific region is the fastest-growing market for power semiconductors, driven by the strong growth of the automotive and electronics industries in the region.