The Next Generation Power Semiconductors Market size was valued at USD 1.17 Billion in 2023 and the total Next Generation Power Semiconductors Market revenue is expected to grow at a CAGR of 8.22% from 2024 to 2030, reaching nearly USD 2.03 Billion by 2030.Next Generation Power Semiconductors Market Overview
The Global Next Generation Power Semiconductors Market is experiencing a profound transformation, fueled by digitalization and disruptive technologies like AI, IoT, and blockchain. Next Generation Power Semiconductors, which include advanced materials such as silicon carbide (SiC) and gallium nitride (GaN), offer superior efficiency, higher power density, and faster switching capabilities compared to traditional silicon-based semiconductors. These advanced semiconductors are crucial in modernizing outdated systems, enabling seamless integration of cutting-edge innovations, and supporting cloud-native architectures. As businesses increasingly prioritize digital transformation, Next Generation Power Semiconductors are key to creating agile, user-centric applications that enhance customer experience. Delivering personalized, real-time interactions, they help drive customer engagement, foster brand loyalty, and boost revenue in today’s highly competitive market. ON Semiconductor, a leading manufacturer of power semiconductors, announced in August 2023 that it is developing new SiC power semiconductors for use in electric vehicles. The new SiC power semiconductors are expected to help improve the performance and efficiency of electric vehicles. To know about the Research Methodology :- Request Free Sample ReportNext Generation Power Semiconductors Market Dynamics
Digital Transformation Imperative A key driver in the Global Next Generation Power Semiconductors Market is the growing necessity for digital transformation. In today’s fast-evolving and technology-centric landscape, businesses are adapting to stay competitive. This transformation involves integrating advanced technologies, leveraging data-driven decision-making, and creating customer-centric applications and services. At the heart of this transformation are next generation power semiconductors. Next generation power semiconductors, including SiC and GaN materials, offer superior efficiency, enabling the modernization of legacy systems, support for cloud-native architectures, and the development of agile, user-friendly applications tailored for the digital era. These semiconductors provide the foundation for innovative solutions that streamline operations and enhance customer engagement in new, dynamic ways. Digital transformation has shifted from being optional to essential for businesses aiming to remain relevant, and next generation power semiconductors are critical enablers of Next Generation Power Semiconductors market growth. By modernizing existing systems, these semiconductors empower organizations to integrate emerging technologies like artificial intelligence (AI), machine learning, the Internet of Things (IoT), and blockchain. These technologies are revolutionizing business operations and reshaping customer expectations. To fully capitalize on these innovations, businesses are upgrading their legacy applications into modern, tech-forward solutions, with next generation power semiconductors playing a pivotal role in this transition. As global companies embark on digital transformation journeys, the demand for next generation power semiconductors continues to rise. They are no longer just components but integral assets within the evolving market structure, helping businesses adapt, compete, and thrive in an increasingly digital-first world. Technological Obsolescence and Compatibility One of the significant hurdles in the Next Generation Power Semiconductors Market is the risk of technological obsolescence and compatibility issues. As technology rapidly evolves, companies often grapple with legacy systems incompatible with newer solutions. Although Next Generation Power Semiconductors provide high efficiency, faster switching, and enhanced performance, businesses heavily invested in older infrastructure struggle to integrate these advancements. For instance, older servers and storage devices did not support the latest semiconductor modules, reducing scalability and performance. This results in inefficient resource use and increased costs. Moreover, software and applications require updates or complete overhauls to function optimally with new semiconductor technologies, leading to further expenses and time investment. Backward compatibility also poses a challenge, as organizations must ensure their legacy applications and systems can integrate seamlessly with newer technologies. This requires meticulous planning, investment in hardware and software upgrades, and migration strategies to prevent business disruptions. Silicon Carbide (SiC) Dominance in Electric Vehicle (EV) Power Electronics The Asia-Pacific region is the leading area in the global next generation power semiconductors market, driven by several key factors. It is home to major manufacturers such as Samsung Electronics, SK Hynix, and Toshiba, which are strategically positioned to meet the rising demand for next generation power semiconductors. The region also sees increasing demand across various sectors, including consumer electronics, automotive, and industrial applications, all of which heavily rely on these advanced semiconductors for optimal performance. Furthermore, governments in countries like China and Japan are actively supporting the development of the next-generation power semiconductor industry through financial incentives, tax breaks, and research and development funding, which accelerates market penetration. China’s next generation power semiconductors market value is witnessing substantial growth, while India's contributions are enhancing the overall market landscape. Collectively, these factors underscore the robust regional share of Asia-Pacific in the next generation power semiconductors market. In the Americas, the powertrain segment was the largest contributor to the electric vehicle (EV) semiconductor market in 2023, accounting for approximately 0.99 billion U.S. dollars of the regional market size. A prominent trend in the Global Next Generation Power Semiconductors Market is the growing dominance of silicon carbide (SiC) power electronics within the EV sector. SiC is rapidly becoming the preferred semiconductor material for high-power and high-voltage applications in EVs due to its superior characteristics, including high thermal conductivity and wide energy bandgap. SiC devices are particularly well-suited for EV powertrains and charging infrastructure, modernizing legacy systems and enabling the integration of innovative EV technologies. They are crucial for boosting EV efficiency by allowing faster charging, reducing power losses during energy conversion, and extending driving range. Additionally, SiC devices help reduce the size and weight of EV power systems, supporting the development of more compact and lightweight vehicle designs. These advantages align with the market trend toward creating agile, user-centric applications, unlocking significant growth opportunities in the next generation power semiconductors market within the EV sector. The rise of electric mobility, coupled with increased digitalization, drives SiC's dominance in EV power electronics. As global EV adoption accelerates and charging infrastructure expands, the demand for efficient, high-performance power semiconductors has surged, presenting substantial potential for Next Generation Power Semiconductors market penetration. With maturing SiC technology and decreasing manufacturing costs, its impact on the EV market is expected to grow, fostering innovation, customer engagement, and revenue growth.Next Generation Power Semiconductors Market Segment Analysis
By Material Type, the GaN (Gallium Nitride) segment leads the global next generation power semiconductors market, driven by several key factors. GaN offers superior material properties, including a wider bandgap, higher electron mobility, and better thermal conductivity than traditional silicon semiconductors, making it ideal for applications requiring high efficiency, high frequency, and high power handling. The rising next generation power semiconductors market segment share of GaN-based power semiconductors is notable across various sectors, such as data centers, electric vehicles (EVs), renewable energy, and consumer electronics. In data centers, GaN technology enhances the efficiency of power supplies and servers, while in EVs, it improves the performance of motor drives and battery management systems. For renewable energy applications, GaN-based semiconductors optimize the efficiency of solar inverters and wind turbines, and in consumer electronics, they are widely used to enhance the efficiency of chargers and adapters. Although other types of next generation power semiconductors, such as SiC (Silicon Carbide), are also gaining traction, GaN is expected to maintain its dominance in the next generation power semiconductors industry, continuing to capture a larger share of the next generation power semiconductors segment over the coming years. In 2019, the global next generation power semiconductors market was valued at 186.16 billion U.S. dollars, with 174.35 billion U.S. dollars generated through sales of silicon (Si) power semiconductors. Silicon carbide (SiC) devices accounted for just 3.1 billion U.S. dollars of the power semiconductor market in that year.Next Generation Power Semiconductors Market Regional Analysis
The Asia-Pacific region is the leading area in the global next generation power semiconductors industry, driven by several key factors. It is home to major manufacturers such as Samsung Electronics, SK Hynix, and Toshiba, which are strategically positioned to meet the rising demand for next generation power semiconductors. The region also sees increasing demand across various sectors, including consumer electronics, automotive, and industrial applications, all of which heavily rely on these advanced semiconductors for optimal performance. Moreover, governments in countries like China and Japan are actively supporting the development of the next-generation power semiconductor industry through financial incentives, tax breaks, and research and development funding, further accelerating market penetration. China’s next generation power semiconductors market value is witnessing substantial growth, while India's contributions are enhancing the overall market landscape. Collectively, these factors underscore the robust regional share of Asia-Pacific in the next generation power semiconductors market. Next Generation Power Semiconductors Market Recent Developments Wolfspeed, a leading manufacturer of GaN power semiconductors, announced in September 2023 that it is expanding its GaN manufacturing capacity in North Carolina. The expansion is expected to create over 1,000 new jobs and help to meet the growing demand for GaN power semiconductors in the next generation power semiconductors Industry. Infineon Technologies, a leading manufacturer of power semiconductors, announced in July 2023 that it is partnering with TSMC to develop new GaN power semiconductors. The partnership is expected to accelerate the development and commercialization of GaN power semiconductors. STMicroelectronics, a leading manufacturer of power semiconductors, announced in June 2023 that it is developing new SiC power semiconductors for use in renewable energy applications. The new SiC power semiconductors are expected to help improve the efficiency of solar and wind energy systems. Mitsubishi Electric, a leading manufacturer of power semiconductors, announced in May 2023 that it is developing new GaN power semiconductors for use in data centers. The new GaN power semiconductors are expected to help improve the efficiency and power density of data center power supplies.Next Generation Power Semiconductors Market Scope : Inquire Before Buying
Global Next Generation Power Semiconductors Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 1.17 Bn. Forecast Period 2024 to 2030 CAGR: 8.22% Market Size in 2030: USD 2.03 Bn. Segments Covered: by Material Type GaN SiC Others by Component Rectifier Diode Thyristor Power MOSFET Inverter Others by Application Renewable Energy Hybrid & Electric Vehicles LED Lighting Industrial Motor Drives Smart Homes Others Next Generation Power Semiconductors Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, ASEAN, and Rest of APAC) Middle East and Africa (South Africa, GCC, and Rest of the MEA) South America (Brazil, Argentina, and Rest of South America)Next Generation Power Semiconductors Key Players
North America: 1. Texas Instruments Inc. (USA) 2. ON Semiconductor Corp. (USA) 3. Microchip Technology Inc. (USA) 4. Broadcom Inc. (USA) 5. Analog Devices Inc. (USA) 6. Cree, Inc. (USA) 7. Vishay Intertechnology, Inc. (USA) 8. GaN Systems Inc. (Canada) 9. United Silicon Carbide Inc. (USA) 10. Alpha & Omega Semiconductor Limited (USA) 11. IDT (Integrated Device Technology) (USA) 12. Power Integrations, Inc. (USA) Europe: 13. Infineon Technologies AG (Germany) 14. NXP Semiconductors N.V. (Netherlands) 15. STMicroelectronics N.V. (Switzerland) 16. Semikron International GmbH (Germany) Asia Pacific: 17. Mitsubishi Electric Corporation (Japan) 18. Renesas Electronics Corporation (Japan) 19. Samsung Electronics Co., Ltd. (South Korea) 20. Toshiba Corporation (Japan) Middle East & Africa: 21. STMicroelectronics N.V. (Egypt) Frequently Asked Questions: 1. What is the growth rate of the next generation power semiconductors market? Ans: The market is projected to grow at a CAGR of 8.22% during the forecast period, 2024-2030. 2. Which region held the largest market share in the next generation power semiconductors market? Ans: Asia Pacific held the largest position in the next generation power semiconductors market. 3. Who are the key players in the next generation power semiconductors market? Ans: Texas Instruments Inc. (USA), ON Semiconductor Corp. (USA), Microchip Technology Inc. (USA), Broadcom Inc. (USA), Analog Devices Inc. (USA), 14. NXP Semiconductors N.V. (Netherlands), STMicroelectronics N.V. (Switzerland). 4. What are the main drivers of market growth? Ans: Demand for energy efficiency, electric vehicles (EVs), 5G networks, and renewable energy systems. 5. What are the challenges in this market? Ans: High production costs and technological complexities of newer materials like GaN and SiC.
1. Next Generation Power Semiconductors Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Next Generation Power Semiconductors Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Key Players Benchmarking 2.3.1. Company Name 2.3.2. Business Segment 2.3.3. End-user Segment 2.3.4. Revenue (2023) 2.3.5. Company Locations 2.4. Next Generation Power Semiconductors Market Companies, share% 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 3. Next Generation Power Semiconductors Market: Dynamics 3.1. Next Generation Power Semiconductors Market Trends 3.2. Next Generation Power Semiconductors Market Dynamics 3.2.1. Next Generation Power Semiconductors Market Drivers 3.2.2. Next Generation Power Semiconductors Market Restraints 3.2.3. Next Generation Power Semiconductors Market Opportunities 3.2.4. Next Generation Power Semiconductors Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Technological Trends in Power Semiconductors 3.5.1. Advancements in GaN and SiC Materials 3.5.2. Impact of Quantum Computing on Semiconductor Design 3.5.3. Integration of AI in Power Semiconductor Manufacturing 3.6. Geopolitical Impact 3.6.1. Government Policies Supporting Local Manufacturing 3.6.2. Impact of Global Chip Shortages and Geopolitical Alliances 3.7. Supply Chain Analysis 3.8. Consumer Behavior and Adoption Patterns 3.8.1. Shifts in Automotive Demand Towards EVs 3.8.2. Industrial and Consumer Electronics Demand for High-Efficiency Components 3.8.3. Regional Differences in Technology Adoption and Preferences 3.9. Trade Analysis 3.10. Regulatory Landscape 3.11. Key Opinion Leader Analysis for Next Generation Power Semiconductors Industry 3.12. Analysis of Government Schemes and Initiatives for Next Generation Power Semiconductors Industry 3.13. Next Generation Power Semiconductors Market Trade Analysis 3.14. The Global Pandemic Impact on Next Generation Power Semiconductors Market 4. Next Generation Power Semiconductors Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 4.1. Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 4.1.1. GaN 4.1.2. SiC 4.1.3. Others 4.2. Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 4.2.1. Rectifier 4.2.2. Diode 4.2.3. Thyristor 4.2.4. Power MOSFET 4.2.5. Inverter 4.2.6. Others 4.3. Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 4.3.1. Renewable Energy 4.3.2. Hybrid & Electric Vehicles 4.3.3. LED Lighting 4.3.4. Industrial Motor Drives 4.3.5. Smart Homes 4.3.6. Others 4.4. Next Generation Power Semiconductors Market Size and Forecast, by Region (2023-2030) 4.4.1. North America 4.4.2. Europe 4.4.3. Asia Pacific 4.4.4. Middle East and Africa 4.4.5. South America 5. North America Next Generation Power Semiconductors Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. North America Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 5.1.1. GaN 5.1.2. SiC 5.1.3. Others 5.2. North America Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 5.2.1. Rectifier 5.2.2. Diode 5.2.3. Thyristor 5.2.4. Power MOSFET 5.2.5. Inverter 5.2.6. Others 5.3. North America Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 5.3.1. Renewable Energy 5.3.2. Hybrid & Electric Vehicles 5.3.3. LED Lighting 5.3.4. Industrial Motor Drives 5.3.5. Smart Homes 5.3.6. Others 5.4. North America Next Generation Power Semiconductors Market Size and Forecast, by Country (2023-2030) 5.4.1. United States 5.4.1.1. United States Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 5.4.1.1.1. GaN 5.4.1.1.2. SiC 5.4.1.1.3. Others 5.4.1.2. United States Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 5.4.1.2.1. Rectifier 5.4.1.2.2. Diode 5.4.1.2.3. Thyristor 5.4.1.2.4. Power MOSFET 5.4.1.2.5. Inverter 5.4.1.2.6. Others 5.4.1.3. United States Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 5.4.1.3.1. Renewable Energy 5.4.1.3.2. Hybrid & Electric Vehicles 5.4.1.3.3. LED Lighting 5.4.1.3.4. Industrial Motor Drives 5.4.1.3.5. Smart Homes 5.4.1.3.6. Others 5.4.2. Canada 5.4.2.1. Canada Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 5.4.2.1.1. GaN 5.4.2.1.2. SiC 5.4.2.1.3. Others 5.4.2.2. Canada Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 5.4.2.2.1. Rectifier 5.4.2.2.2. Diode 5.4.2.2.3. Thyristor 5.4.2.2.4. Power MOSFET 5.4.2.2.5. Inverter 5.4.2.2.6. Others 5.4.2.3. Canada Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 5.4.2.3.1. Renewable Energy 5.4.2.3.2. Hybrid & Electric Vehicles 5.4.2.3.3. LED Lighting 5.4.2.3.4. Industrial Motor Drives 5.4.2.3.5. Smart Homes 5.4.2.3.6. Others 5.4.3. Mexico 5.4.3.1. Mexico Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 5.4.3.1.1. GaN 5.4.3.1.2. SiC 5.4.3.1.3. Others 5.4.3.2. Mexico Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 5.4.3.2.1. Rectifier 5.4.3.2.2. Diode 5.4.3.2.3. Thyristor 5.4.3.2.4. Power MOSFET 5.4.3.2.5. Inverter 5.4.3.2.6. Others 5.4.3.3. Mexico Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 5.4.3.3.1. Renewable Energy 5.4.3.3.2. Hybrid & Electric Vehicles 5.4.3.3.3. LED Lighting 5.4.3.3.4. Industrial Motor Drives 5.4.3.3.5. Smart Homes 5.4.3.3.6. Others 6. Europe Next Generation Power Semiconductors Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 6.2. Europe Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 6.3. Europe Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 6.4. Europe Next Generation Power Semiconductors Market Size and Forecast, by Country (2023-2030) 6.4.1. United Kingdom 6.4.1.1. United Kingdom Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 6.4.1.2. United Kingdom Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 6.4.1.3. United Kingdom Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 6.4.2. France 6.4.2.1. France Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 6.4.2.2. France Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 6.4.2.3. France Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 6.4.3. Germany 6.4.3.1. Germany Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 6.4.3.2. Germany Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 6.4.3.3. Germany Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 6.4.4. Italy 6.4.4.1. Italy Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 6.4.4.2. Italy Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 6.4.4.3. Italy Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 6.4.5. Spain 6.4.5.1. Spain Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 6.4.5.2. Spain Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 6.4.5.3. Spain Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 6.4.6. Sweden 6.4.6.1. Sweden Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 6.4.6.2. Sweden Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 6.4.6.3. Sweden Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 6.4.7. Russia 6.4.7.1. Russia Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 6.4.7.2. Russia Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 6.4.7.3. Russia Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 6.4.8. Rest of Europe 6.4.8.1. Rest of Europe Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 6.4.8.2. Rest of Europe Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 6.4.8.3. Rest of Europe Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 7. Asia Pacific Next Generation Power Semiconductors Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 7.2. Asia Pacific Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 7.3. Asia Pacific Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 7.4. Asia Pacific Next Generation Power Semiconductors Market Size and Forecast, by Country (2023-2030) 7.4.1. China 7.4.1.1. China Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 7.4.1.2. China Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 7.4.1.3. China Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 7.4.2. S Korea 7.4.2.1. S Korea Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 7.4.2.2. S Korea Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 7.4.2.3. S Korea Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 7.4.3. Japan 7.4.3.1. Japan Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 7.4.3.2. Japan Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 7.4.3.3. Japan Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 7.4.4. India 7.4.4.1. India Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 7.4.4.2. India Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 7.4.4.3. India Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 7.4.5. Australia 7.4.5.1. Australia Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 7.4.5.2. Australia Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 7.4.5.3. Australia Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 7.4.6. ASEAN 7.4.6.1. ASEAN Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 7.4.6.2. ASEAN Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 7.4.6.3. ASEAN Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 7.4.7. Rest of Asia Pacific 7.4.7.1. Rest of Asia Pacific Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 7.4.7.2. Rest of Asia Pacific Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 7.4.7.3. Rest of Asia Pacific Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 8. Middle East and Africa Next Generation Power Semiconductors Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. Middle East and Africa Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 8.2. Middle East and Africa Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 8.3. Middle East and Africa Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 8.4. Middle East and Africa Next Generation Power Semiconductors Market Size and Forecast, by Country (2023-2030) 8.4.1. South Africa 8.4.1.1. South Africa Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 8.4.1.2. South Africa Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 8.4.1.3. South Africa Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 8.4.2. GCC 8.4.2.1. GCC Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 8.4.2.2. GCC Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 8.4.2.3. GCC Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 8.4.3. Rest of ME&A 8.4.3.1. Rest of ME&A Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 8.4.3.2. Rest of ME&A Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 8.4.3.3. Rest of ME&A Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 9. South America Next Generation Power Semiconductors Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 9.1. South America Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 9.2. South America Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 9.3. South America Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 9.4. South America Next Generation Power Semiconductors Market Size and Forecast, by Country (2023-2030) 9.4.1. Brazil 9.4.1.1. Brazil Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 9.4.1.2. Brazil Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 9.4.1.3. Brazil Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 9.4.2. Argentina 9.4.2.1. Argentina Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 9.4.2.2. Argentina Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 9.4.2.3. Argentina Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 9.4.3. Rest Of South America 9.4.3.1. Rest Of South America Next Generation Power Semiconductors Market Size and Forecast, By Material Type (2023-2030) 9.4.3.2. Rest Of South America Next Generation Power Semiconductors Market Size and Forecast, By Component (2023-2030) 9.4.3.3. Rest Of South America Next Generation Power Semiconductors Market Size and Forecast, By Application (2023-2030) 10. Company Profile: Key Players 10.1. Texas Instruments Inc. (USA) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. ON Semiconductor Corp. (USA) 10.3. Microchip Technology Inc. (USA) 10.4. Broadcom Inc. (USA) 10.5. Analog Devices Inc. (USA) 10.6. Cree, Inc. (USA) 10.7. Vishay Intertechnology, Inc. (USA) 10.8. GaN Systems Inc. (Canada) 10.9. United Silicon Carbide Inc. (USA) 10.10. Alpha & Omega Semiconductor Limited (USA) 10.11. IDT (Integrated Device Technology) (USA) 10.12. Power Integrations, Inc. (USA) 10.13. Infineon Technologies AG (Germany) 10.14. NXP Semiconductors N.V. (Netherlands) 10.15. STMicroelectronics N.V. (Switzerland) 10.16. Semikron International GmbH (Germany) 10.17. Mitsubishi Electric Corporation (Japan) 10.18. Renesas Electronics Corporation (Japan) 10.19. Samsung Electronics Co., Ltd. (South Korea) 10.20. Toshiba Corporation (Japan) 10.21. STMicroelectronics N.V. (Egypt) 10.22. Microchip Technology Inc. (Arizona) 11. Key Findings 12. Analyst Recommendations 13. Next Generation Power Semiconductors Market: Research Methodology