Yole Group says after a 2024–25 market adjustment the power-electronics sector is entering a phase of consolidation, cost optimization and competitiveness improvement. It projects a 7.1% CAGR from 2025–31, taking the global power-device market to $41.3bn by 2031, driven by electrification, AI infrastructure and renewables. The report keeps Infineon, ON Semiconductor and STMicroelectronics as market leaders, and flags China Resources Microelectronics, Silan Micro and Nexperia as firms steadily ga

2026-08-06

Yole Group says after a 2024–25 market adjustment the power-electronics sector is entering a phase of consolidation, cost optimization and competitiveness improvement. It projects a 7.1% CAGR from 2025–31, taking the global power-device market to $41.3bn by 2031, driven by electrification, AI infrastructure and renewables. The report keeps Infineon, ON Semiconductor and STMicroelectronics as market leaders, and flags China Resources Microelectronics, Silan Micro and Nexperia as firms steadily gaining share.