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Power electronics market to grow at 10% CAGR to over $65bn by 2036

What happened

The power electronics market is projected to grow at a 10% CAGR to over $65 billion by 2036, driven by demand for efficiency and power density. Wide-bandgap semiconductors like SiC and GaN are key enablers for applications in EVs, data centers, and renewables. 利多: Long-term structural demand growth for WBG semiconductors, but no immediate trading catalyst.

Impact and signal

Low impactImpact score: 5/100

Affected components and suppliers

SiCGaN
market-growthtechnology-trend

Source and time

Source: Semiconductor Today · 4/22/2026 · View original source

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