Power Electronics Market Growth: Trends, Insights, and Forecast (2024-2035)
The Power Electronics Market is witnessing steady growth, driven by increasing demand for energy-efficient solutions, the rising adoption of renewable energy, and the growing focus on electric vehicles (EVs). Valued at USD 39.69 billion in 2023, the market is projected to grow from USD 41.85 billion in 2024 to USD 75 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.45%...
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