Europe Power Discrete and Modules Market Share by Size and Growth 2028

The Power Discrete and Modules market in Europe is expected to grow from US$ 5,971.91 million in 2021 to US$ 8,886.82million by 2028; it is estimated to grow at a CAGR of 5.8% from 2021 to 2028.

Power modules used for handling large currents are particularly IGBT types. The IGBT type power modules combine Si IGBT with FRDs (fast recovery diodes). Many manufacturers have started providing market-leading modules that integrate SiC MOSFETs with SiC SBDs. These modules minimize switching losses caused by IGBT tail current and FRD recovery loss. SiC models feature improved power supply efficiency along with simple cooling measures and small peripheral components because of high frequency operation. In comparison with Si-IGBT used for current power modules, SiC-MOSFET is more capable of switching at high speeds relatively, which drives the growth of the Europe power discrete and modules market.

In 2020, the impact of COVID-19 differed from nation to nation across the European region. In the region, major countries that were affected by the COVID-19 pandemic are Germany, France, Italy, the United Kingdom, and Russia. Due to the increasing number of recorded cases, some of these nations had to impose stringent and longer lockdown along with social isolation in 2020. The lockdown affected automotive electronics sales along with disruptions across the value chain. But somehow due to the COVID-19 pandemic across the globe, the European power discrete & modules market has been positively affected according to the number of market research survey. However, the unavailability of skilled labor has further affected the market growth across European power electronics sector due to the government regulations across major countries such as Germany, the UK, and France. However, the demand for power electronics across different commercial industries in order to operate remotely while following the government restrictions & operating with limited sources in order to provide their products & services to customers with lesser difficulties.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the oats market. The Europe oats market is expected to grow at a good CAGR during the forecast period.

Europe Power Discrete and Modules Revenue and Forecast to 2028(US$ Million)

Europe Power Discrete and Modules Segmentation

By Type

Power Discrete
Power Module

By Application

Industrial
Consumer Electronics
IT & Telecom
Automotive
Others

By Material

Silicone
Silicon Carbide
Gallium nitride

By Wafer Size

Up to 200 mm
300 mm

By Country

- Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe

Companies Mentioned -

Infineon Technologies AG,
Mitsubishi Electric Corporation,
Toshiba Corporation,
ON Semiconductor,
STMicroelectronics,
NXP Semiconductors,
Renesas Electronics Corporation,
Texas Instruments,
ROHM Semiconductors,
Semtech Corporation.

Europe Power Discrete and Modules Market Strategic Insights

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Europe Power Discrete and Modules Market Segmentation Analysis

Europe Power Discrete and Modules Market Report Highlights

Europe Power Discrete and Modules Report Scope

Report Attribute	Details
Market size in 2021	US$ 5,971.91 Million
Market Size by 2028	US$ 8,886.82 Million
CAGR (2021 - 2028)	5.8%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Power Discrete Power Module By Application Industrial Consumer Electronics IT and Telecom Automotive By Material Silicone Silicon Carbide Gallium nitride By Wafer Size Up to 200 mm 300 mm
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Infineon Technologies AG, Mitsubishi Electric Corporation, Toshiba Corporation, ON Semiconductor, STMicroelectronics, NXP Semiconductors, Renesas Electronics Corporation, Texas Instruments, ROHM Semiconductors, Semtech Corporation.