Market Research Future (MRFR) predicts that the next-generation power semiconductors market could achieve a high CAGR during the forecast period (2016-2027).

Regional Insight

The Americas, Asia Pacific (APAC), Europe, and the rest of the world (RoW) are the primary [FURL=https://www.marketresearchfuture.com/reports/next-generation-power-semiconductors-market-1079]Next-Generation Power Semiconductors Market Size[/FURL].

North America is reigning over the worldwide next-generation power semiconductors market, says MRFR. The region owns a thriving automotive industry and also notes an intense demand and consumption of devices such as tablets, laptops, and smartphones. This factor benefits the regional market to a great extent. The United States (U.S.), Canada and Mexico are home to a number of prominent vendors that are putting efforts in the development of new-generation power semiconductors.

APAC is forecasted to expand at the fastest rate in the global next-generation power semiconductor market. The region is known for its huge consumer base and the steady rise in disposable income of the local people, which is instrumental in market growth. India, China, and Japan are the leading markets for next-generation power semiconductors in the region, thanks to the enormous consumer base for personal devices.

Leading Players

The players leading the worldwide next-generation power semiconductors include Semikron (U.S.), Renesas Electronics (Japan), Toshiba (Japan), Fairchild (U.S.), NXP Semiconductors (Netherlands), Infineon Technologies (Germany), Mitsubishi Motors (Japan), Vishay Intertechnology (U.S.), Fuji Electric (Japan), STMicroelectronics (Switzerland), to name a few.

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