Power Electronics Market 2030: ICT Infrastructure Ignite

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2025-12-24 04:14:33 -

Power Electronics Market Overview The global power electronics market was valued at USD 38.12 billion in 2023 and is expected to reach USD 53.66 billion by 2030, expanding at a CAGR of 5.2% from 2024 to 2030. Market growth is largely driven by the increasing adoption of renewable energy sources such as solar and wind power, which has significantly boosted demand for advanced power...

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