Boosting the efficiency of processing and distributing power has been the top agenda for all major power electronics solution providers. New advancements in technology make way for bolder and more proactive actions from companies around sustainability, forging a way of delivering power.
As per the recent report published by MarketsandMarkets, the power electronics market is estimated to grow from $37.4 billion in 2021 to $46.3 billion by 2026 at a CAGR of 4.4 percent.
What fuels this growth is a spate of technologies capable of delivering best-in-class solutions in the realm of power electronics. One such technology is the GaN power transistor, which can solve critical automotive and other challenges in power electronics. As GaN chargers are smaller compared to traditional ones, they have the potential to charge multiple devices simultaneously, saving time for users.
Power electronics solution providers are also adding networking capability to power devices to enable remote control and provide smart power systems that use artificial intelligence (AI). Innovative thermal management solutions with the latest and emerging open-architecture industry standards are helping power electronics companies gain a competitive edge in their markets.
This edition of Semiconductor Review highlights the key developments in the space and how power electronics solution providers are leveraging them to deliver better results. We have curated thought leadership articles from industry experts.
We also took a deep dive into the market trends to narrow down the list of companies delivering robust power electronics solutions. Equipped with innovative technological capabilities, these enlisted companies, including Applied Energy and Agnitron, help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Semiconductor Review on power electronics will help you build the partnership you and your organization need to foster an environment driven by efficient technology.
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