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deep tech Electronics For You BUSINESS July 29, 2026

Power Electronics Market Set to Reach $65.2 Billion by 2036

Power Electronics Market Set to Reach $65.2 Billion by 2036
AI Summary

AI data centres, electric vehicles, and renewable energy are driving demand for advanced power semiconductors, with SiC expected to lead the market by 2036. The global power electronics market is projected to grow from $25.5 billion in 2026 to $65.2 billion by 2036, expanding at a 10% compound annual growth rate (CAGR), according to a […]

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