Power Electronics for Renewable Energy Market By Device Type (Power Discrete, Power Module, Power IC), By Component (Converters, Inverters, Transformers, Voltage Control Devices, Others), By Application (Power Generation, Power Transmission, Power Distribution, Power Control), By Power Range (Up to 1 MW, 1 MW to 3 MW, 3 MW to 5 MW, Above 5 MW), By End-Use (Solar PV, Wind, Hydro, Fuel Cell, Others) - Growth, Share, Opportunities & Competitive Analysis, 2024 - 2032
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Power Electronics for Renewable Energy Market
2.2. Global Power Electronics for Renewable Energy Market, By Device Type, 2023 (US$ Million)
2.3. Global Power Electronics for Renewable Energy Market, By Component, 2023 (US$ Million)
2.4. Global Power Electronics for Renewable Energy Market, By Application, 2023 (US$ Million)
2.5. Global Power Electronics for Renewable Energy Market, By Power Range, 2023 (US$ Million)
2.6. Global Power Electronics for Renewable Energy Market, By End-Use, 2023 (US$ Million)
2.7. Global Power Electronics for Renewable Energy Market, By Geography, 2023 (US$ Million)
2.8. Attractive Investment Proposition by Geography, 2023
3. Power Electronics for Renewable Energy Market: Competitive Analysis
3.1. Market Positioning of Key Power Electronics for Renewable Energy Market Vendors
3.2. Strategies Adopted by Power Electronics for Renewable Energy Market Vendors
3.3. Key Industry Strategies 4. Power Electronics for Renewable Energy Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Power Electronics for Renewable Energy Market Value, 2022 - 2032, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
4.6. Porter's Five Force Model
4.6.1. Supplier Power
4.6.2. Buyer Power
4.6.3. Threat Of Substitutes
4.6.4. Threat Of New Entrants
4.6.5. Competitive Rivalry
4.7. PESTEL Analysis
4.7.1. Political Landscape
4.7.2. Economic Landscape
4.7.3. Technology Landscape
4.7.4. Legal Landscape
4.7.5. Social Landscape
5. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2023 Versus 2032
5.3. Market Segmentation
5.3.1. Power Discrete
5.3.1.1. Rectifier Discrete
5.3.1.2. Bipolar Discrete
5.3.1.3. GaN Discrete
5.3.1.4. SiC Discrete
5.3.1.5. MOSFET Discrete
5.3.1.6. IGBT Discrete
5.3.2. Power Module
5.3.2.1. Thyristor Module
5.3.2.2. SiC Module
5.3.2.3. IGBT Module
5.3.3. Power IC
6. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2023 Versus 2032
6.3. Market Segmentation
6.3.1. Converters
6.3.1.1. DC to DC Converters
6.3.1.2. AC to DC Converter
6.3.1.3. AC to AC Converters
6.3.2. Inverters
6.3.2.1. Single-phase Inverters
6.3.2.2. Three-phase Inverters
6.3.3. Transformers
6.3.4. Voltage Control Devices
6.3.5. Others
7. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
7.1. Market Overview
7.2. Growth & Revenue Analysis: 2023 Versus 2032
7.3. Market Segmentation
7.3.1. Power Generation
7.3.2. Power Transmission
7.3.3. Power Distribution
7.3.4. Power Control
8. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
8.1. Market Overview
8.2. Growth & Revenue Analysis: 2023 Versus 2032
8.3. Market Segmentation
8.3.1. Up to 1 MW
8.3.2. 1 MW to 3 MW
8.3.3. 3 MW to 5 MW
8.3.4. Above 5 MW
9. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
9.1. Market Overview
9.2. Growth & Revenue Analysis: 2023 Versus 2032
9.3. Market Segmentation
9.3.1. Solar PV
9.3.2. Wind
9.3.3. Hydro
9.3.4. Fuel Cell
9.3.5. Others
10. North America Power Electronics for Renewable Energy Market, 2022-2032, USD (Million)
10.1. Market Overview
10.2. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
10.3. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
10.4. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
10.5. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
10.6. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
10.7.Power Electronics for Renewable Energy Market: By Region, 2022-2032, USD (Million)
10.7.1.North America
10.7.1.1. U.S.
10.7.1.1.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
10.7.1.1.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
10.7.1.1.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
10.7.1.1.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
10.7.1.1.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
10.7.1.2. Canada
10.7.1.2.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
10.7.1.2.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
10.7.1.2.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
10.7.1.2.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
10.7.1.2.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
10.7.1.3. Rest of North America
10.7.1.3.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
10.7.1.3.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
10.7.1.3.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
10.7.1.3.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
10.7.1.3.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
11. UK and European Union Power Electronics for Renewable Energy Market, 2022-2032, USD (Million)
11.1. Market Overview
11.2. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
11.3. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
11.4. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
11.5. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
11.6. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
11.7.Power Electronics for Renewable Energy Market: By Region, 2022-2032, USD (Million)
11.7.1.UK and European Union
11.7.1.1. UK
11.7.1.1.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
11.7.1.1.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
11.7.1.1.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
11.7.1.1.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
11.7.1.1.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
11.7.1.2. Germany
11.7.1.2.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
11.7.1.2.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
11.7.1.2.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
11.7.1.2.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
11.7.1.2.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
11.7.1.3. Spain
11.7.1.3.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
11.7.1.3.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
11.7.1.3.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
11.7.1.3.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
11.7.1.3.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
11.7.1.4. Italy
11.7.1.4.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
11.7.1.4.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
11.7.1.4.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
11.7.1.4.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
11.7.1.4.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
11.7.1.5. France
11.7.1.5.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
11.7.1.5.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
11.7.1.5.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
11.7.1.5.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
11.7.1.5.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
11.7.1.6. Rest of Europe
11.7.1.6.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
11.7.1.6.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
11.7.1.6.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
11.7.1.6.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
11.7.1.6.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
12. Asia Pacific Power Electronics for Renewable Energy Market, 2022-2032, USD (Million)
12.1. Market Overview
12.2. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
12.3. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
12.4. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
12.5. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
12.6. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
12.7.Power Electronics for Renewable Energy Market: By Region, 2022-2032, USD (Million)
12.7.1.Asia Pacific
12.7.1.1. China
12.7.1.1.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
12.7.1.1.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
12.7.1.1.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
12.7.1.1.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
12.7.1.1.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
12.7.1.2. Japan
12.7.1.2.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
12.7.1.2.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
12.7.1.2.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
12.7.1.2.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
12.7.1.2.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
12.7.1.3. India
12.7.1.3.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
12.7.1.3.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
12.7.1.3.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
12.7.1.3.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
12.7.1.3.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
12.7.1.4. Australia
12.7.1.4.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
12.7.1.4.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
12.7.1.4.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
12.7.1.4.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
12.7.1.4.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
12.7.1.5. South Korea
12.7.1.5.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
12.7.1.5.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
12.7.1.5.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
12.7.1.5.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
12.7.1.5.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
12.7.1.6. Rest of Asia Pacific
12.7.1.6.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
12.7.1.6.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
12.7.1.6.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
12.7.1.6.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
12.7.1.6.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
13. Latin America Power Electronics for Renewable Energy Market, 2022-2032, USD (Million)
13.1. Market Overview
13.2. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
13.3. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
13.4. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
13.5. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
13.6. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
13.7.Power Electronics for Renewable Energy Market: By Region, 2022-2032, USD (Million)
13.7.1.Latin America
13.7.1.1. Brazil
13.7.1.1.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
13.7.1.1.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
13.7.1.1.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
13.7.1.1.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
13.7.1.1.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
13.7.1.2. Mexico
13.7.1.2.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
13.7.1.2.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
13.7.1.2.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
13.7.1.2.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
13.7.1.2.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
13.7.1.3. Rest of Latin America
13.7.1.3.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
13.7.1.3.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
13.7.1.3.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
13.7.1.3.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
13.7.1.3.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
14. Middle East and Africa Power Electronics for Renewable Energy Market, 2022-2032, USD (Million)
14.1. Market Overview
14.2. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
14.3. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
14.4. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
14.5. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
14.6. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
14.7.Power Electronics for Renewable Energy Market: By Region, 2022-2032, USD (Million)
14.7.1.Middle East and Africa
14.7.1.1. GCC
14.7.1.1.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
14.7.1.1.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
14.7.1.1.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
14.7.1.1.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
14.7.1.1.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
14.7.1.2. Africa
14.7.1.2.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
14.7.1.2.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
14.7.1.2.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
14.7.1.2.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
14.7.1.2.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
14.7.1.3. Rest of Middle East and Africa
14.7.1.3.1. Power Electronics for Renewable Energy Market: By Device Type, 2022-2032, USD (Million)
14.7.1.3.2. Power Electronics for Renewable Energy Market: By Component, 2022-2032, USD (Million)
14.7.1.3.3. Power Electronics for Renewable Energy Market: By Application, 2022-2032, USD (Million)
14.7.1.3.4. Power Electronics for Renewable Energy Market: By Power Range, 2022-2032, USD (Million)
14.7.1.3.5. Power Electronics for Renewable Energy Market: By End-Use, 2022-2032, USD (Million)
15. Company Profile
15.1. ABB Ltd
15.1.1. Company Overview
15.1.2. Financial Performance
15.1.3. Product Portfolio
15.1.4. Strategic Initiatives
15.2. Siemens AG
15.2.1. Company Overview
15.2.2. Financial Performance
15.2.3. Product Portfolio
15.2.4. Strategic Initiatives
15.3. Schneider Electric
15.3.1. Company Overview
15.3.2. Financial Performance
15.3.3. Product Portfolio
15.3.4. Strategic Initiatives
15.4. Fuji Electric Co., Ltd.
15.4.1. Company Overview
15.4.2. Financial Performance
15.4.3. Product Portfolio
15.4.4. Strategic Initiatives
15.5. GaN Systems
15.5.1. Company Overview
15.5.2. Financial Performance
15.5.3. Product Portfolio
15.5.4. Strategic Initiatives
15.6. Hitachi, Ltd.
15.6.1. Company Overview
15.6.2. Financial Performance
15.6.3. Product Portfolio
15.6.4. Strategic Initiatives
15.7. Infineon Technologies AG
15.7.1. Company Overview
15.7.2. Financial Performance
15.7.3. Product Portfolio
15.7.4. Strategic Initiatives
15.8. Littelfuse, Inc.
15.8.1. Company Overview
15.8.2. Financial Performance
15.8.3. Product Portfolio
15.8.4. Strategic Initiatives
15.9. Microchip Technology Inc.
15.9.1. Company Overview
15.9.2. Financial Performance
15.9.3. Product Portfolio
15.9.4. Strategic Initiatives
15.10. Renesas Electronics Corporation
15.10.1. Company Overview
15.10.2. Financial Performance
15.10.3. Product Portfolio
15.10.4. Strategic Initiatives
15.11. ROHM CO., LTD.
15.11.1. Company Overview
15.11.2. Financial Performance
15.11.3. Product Portfolio
15.11.4. Strategic Initiatives
15.12. Semikron Danfoss
15.12.1. Company Overview
15.12.2. Financial Performance
15.12.3. Product Portfolio
15.12.4. Strategic Initiatives
15.13. Toshiba International Corporation
15.13.1. Company Overview
15.13.2. Financial Performance
15.13.3. Product Portfolio
15.13.4. Strategic Initiatives
15.14. UnitedSiC
15.14.1. Company Overview
15.14.2. Financial Performance
15.14.3. Product Portfolio
15.14.4. Strategic Initiatives
15.15. Other Notable Players
15.15.1. Company Overview
15.15.2. Financial Performance
15.15.3. Product Portfolio
15.15.4. Strategic Initiatives