Market Watch

November 2023
The Fast-Growing and Ever-Evolving Power Semiconductor Devices Market

Kevin Parmenter, Director, Applications Engineering. TSC, America

The power semiconductor devices market is estimated at USD 41.81 billion in 2023 and is expected to reach USD 49.23 billion by 2028 (an estimated 3.66% CAGR), according to a recent report from Mordor Intelligence. This market has come a long way since the early days when germanium power devices were used for ca
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