Lates News

In its latest research report, Yole Group states that after a market adjustment in 2024 and 2025, the power electronics industry is entering a new phase centered around industry consolidation, cost optimization, and enhanced competitiveness. Yole Group predicts that, driven by electrification, AI infrastructure, and renewable energy, the global power device market will maintain a compound annual growth rate (CAGR) of 7.1% from 2025 to 2031, with the market size reaching $41.3 billion by 2031. Specifically, the agency believes that traditional leaders such as Infineon, ON Semiconductor, and STMicroelectronics remain ahead; meanwhile, companies like CR Micro, Silan Micro, and Nexperia (Netherlands/China) are continuously increasing their market share within the supply chain.