Middle East & Africa Power Electronics Market Forecast to 2030

At 3.7% CAGR, Middle East & Africa Power Electronics Market is Speculated to be Worth US$ 4,274.34 Million by 2030, says the Research Team

According to the Research Team’ research, the Middle East & Africa power electronics market was valued at US$ 3,201.25 million in 2022 and is expected to reach US$ 4,274.34 million by 2030, registering a CAGR of 3.7% from 2022 to 2030. Rising demand for power-efficient and high-energy and increasing demand for AI-based power electronics are among the critical factors attributed to drive the Middle East & Africa power electronics market growth.

Industrial appliances such as motor drives, power converters, UPSs, and server power supplies consume a large amount of power. Consequently, any improvement in industrial power supply efficiency will result in a significant drop in operating expenses for a business. The demand for high-efficiency power supplies is increasing across the globe due to their improved thermal performance and higher power density. Currently, uninterruptible power supplies are one of the most widely used applications for power semiconductors. Numerous hardware such as computers, communications equipment, data centers, and other electrical equipment are integrated with power semiconductors that protect them against unplanned power outages. The system used for uninterruptible power supplies typically consists of batteries and an IGBT (insulated-gate bipolar transistor) inverter, which have high voltage capabilities. This increases its adoption in high-current-density applications.

High-efficiency power sources are becoming increasingly necessary worldwide. Growing awareness related to efficient energy usage is creating demand for power semiconductors among consumers. Power semiconductors are also becoming an essential component to reduce the carbon footprint of society worldwide. Power semiconductors such as diodes, thyristors, and transistors are highly used for regulating electricity in automotive, consumer electronics, power, energy, ICT, and other industries. Thus, the rising demand for power-efficient and high-energy devices drives the power electronics market.

On the flip side, complexities associated with product design and integration hampers the growth of Middle East & Africa power electronics market.

Based on type, the Middle East & Africa power electronics market is categorized into power discrete, power module, and power IC. The power module segment held 47.2% market share in 2022, amassing US$ 1,505.90 million. It is projected to garner US$ 2,125.76 million by 2030 to register 4.4% CAGR during 2022-2030.

In terms of material, the Middle East & Africa power electronics market is segmented into Silicon (SI), Silicon Carbide (SIC), Gallium Nitride (GAN), and others. The Silicon (SI) devices segment held 85.1% share of Middle East & Africa power electronics market in 2022, amassing US$ 2,733.90 million. It is anticipated to garner US$ 3,660.42 million by 2030 to expand at 3.7% CAGR during 2022-2030.

By industry vertical, the Middle East & Africa power electronics market is divided into ICT, automotive & transportation, consumer electronics, industrial, energy & power, and others. The consumer electronics segment held 29.2% share of Middle East & Africa power electronics market in 2022, amassing US$ 932.85 million. It is projected to garner US$ 1,320.51 million by 2030 to expand at 4.4% CAGR from 2022 to 2030.

Based on country, the Middle East & Africa power electronics market is categorized into the UAE, South Africa, Saudi Arabia, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 37.4% share of Middle East & Africa power electronics market in 2022. It was assessed at US$ 1,195.99 million in 2022 and is likely to hit US$ 1,715.56 million by 2030, registering a CAGR of 4.6% during 2022-2030.

Key players operating in the Middle East & Africa power electronics market are Vishay Intertechnology Inc; Toshiba Electronic Devices & Storage Corp; Littelfuse, Inc; Renesas Electronics Corp; Fuji Electric Co Ltd; Mitsubishi Electric Corp; STMicroelectronics NV; and Infineon Technologies AG., among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa power electronic market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa power electronic market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa power electronic market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Power Electronics Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain:
5. Middle East & Africa Power Electronics Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Increasing Integration of SiC-based Power Electronics in Electric Vehicles
5.1.2 Rising Demand for Power-efficient and High-energy Devices
5.2 Market Restraints
5.2.1 Complexities Associated with Product Design and Integration Process
5.3 Market Opportunities
5.3.1 Increasing Demand for AI-based Power Electronics
5.4 Future Trends
5.4.1 Growing Adoption of Smart Grid Technology
5.5 Impact of Drivers and Restraints:
6. Power Electronics Market – Middle East & Africa Market Analysis
6.1 Power Electronics Market Revenue (US$ Million), 2022 – 2030
6.2 Power Electronics Market Forecast and Analysis
7. Middle East & Africa Power Electronics Market Analysis – Type
7.1 Power Discrete
7.1.1 Overview
7.1.2 Power Discrete Market Revenue and Forecasts to 2030 (US$ Million)
7.2 Power Module
7.2.1 Overview
7.2.2 Power Module Market Revenue and Forecasts to 2030 (US$ Million)
7.3 Power IC
7.3.1 Overview
7.3.2 Power IC Market Revenue and Forecasts to 2030 (US$ Million)
8. Middle East & Africa Power Electronics Market Analysis – Material
8.1 Silicon (Si)
8.1.1 Overview
8.1.2 Silicon (Si) Market Revenue and Forecasts to 2030 (US$ Million)
8.2 Silicon Carbide (SiC)
8.2.1 Overview
8.2.2 Silicon Carbide (SiC) Market Revenue and Forecasts to 2030 (US$ Million)
8.3 Gallium Nitride (GAN)
8.3.1 Overview
8.3.2 Gallium Nitride (GAN) Market Revenue and Forecasts to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
9. Middle East & Africa Power Electronics Market Analysis – Industry Vertical
9.1 ICT
9.1.1 Overview
9.1.2 ICT Market Revenue and Forecasts to 2030 (US$ Million)
9.2 Automotive & Transportation
9.2.1 Overview
9.2.2 Automotive & Transportation Market Revenue and Forecasts to 2030 (US$ Million)
9.3 Consumer Electronics
9.3.1 Overview
9.3.2 Consumer Electronics Market Revenue and Forecasts to 2030 (US$ Million)
9.4 Industrial
9.4.1 Overview
9.4.2 Industrial Market Revenue and Forecasts to 2030 (US$ Million)
9.5 Energy & Power
9.5.1 Overview
9.5.2 Energy & Power Market Revenue and Forecasts to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
10. Middle East & Africa Power Electronics Market – Country Analysis
10.1 Middle East & Africa Power Electronics Market Revenue and Forecasts and Analysis – By Countries
10.1.1 South Africa Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.1 South Africa Power Electronics Market Breakdown by Type
10.1.1.2 South Africa Power Electronics Market Breakdown by Material
10.1.1.3 South Africa Power Electronics Market Breakdown by Industry Vertical
10.1.1.4 Saudi Arabia Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 Saudi Arabia Power Electronics Market Breakdown by Type
10.1.1.4.2 Saudi Arabia Power Electronics Market Breakdown by Material
10.1.1.4.3 Saudi Arabia Power Electronics Market Breakdown by Industry Vertical
10.1.1.5 UAE Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.5.1 UAE Power Electronics Market Breakdown by Type
10.1.1.5.2 UAE Power Electronics Market Breakdown by Material
10.1.1.5.3 UAE Power Electronics Market Breakdown by Industry Vertical
10.1.1.6 Rest of Middle East & Africa Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.6.1 Rest of Middle East & Africa Power Electronics Market Breakdown by Type
10.1.1.6.2 Rest of Middle East & Africa Power Electronics Market Breakdown by Material
10.1.1.6.3 Rest of Middle East & Africa Power Electronics Market Breakdown by Industry Vertical
11. Power Electronics Market – Impact of COVID-19 Pandemic
11.1 Pre & Post Covid-19 Impact
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Infineon Technologies AG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 STMicroelectronics NV
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Mitsubishi Electric Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Fuji Electric Co Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Renesas Electronics Corp
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Littelfuse, Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Toshiba Electronic Devices & Storage Corp
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Vishay Intertechnology Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 Word Index

LIST OF TABLES

Table 1. Power Electronics Market Segmentation
Table 2. Power Electronics Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Power Electronics Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 4. Power Electronics Market Revenue and Forecasts to 2030 (US$ Million) – Material
Table 5. Power Electronics Market Revenue and Forecasts to 2030 (US$ Million) – Industry Vertical
Table 6. Middle East and Africa Power Electronics Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 7. South Africa Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 8. South Africa Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 9. South Africa Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Industry Vertical
Table 10. Saudi Arabia Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 11. Saudi Arabia Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 12. Saudi Arabia Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Industry Vertical
Table 13. UAE Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 14. UAE Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 15. UAE Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Industry Vertical
Table 16. Rest of Middle East & Africa Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 17. Rest of Middle East & Africa Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 18. Rest of Middle East & Africa Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Industry Vertical
Table 19. List of Abbreviation

LIST OF FIGURES

Figure 1. Middle East & Africa Power Electronics Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Power Electronics Market
Figure 4. Power Electronics Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Power Electronics Market Revenue (US$ Million), 2022 & 2030
Figure 7. Power Electronics Market Share (%) – Type, 2022 and 2030
Figure 8. Power Discrete Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Power Module Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Power IC Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Power Electronics Market Share (%) – Material, 2022 and 2030
Figure 12. Silicon (Si) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Silicon Carbide (SiC) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Gallium Nitride (GAN) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Power Electronics Market Share (%) – Industry Vertical, 2022 and 2030
Figure 17. ICT Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Automotive & Transportation Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Consumer Electronics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Industrial Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Energy & Power Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Middle East & Africa Power Electronics Market, by Countries – Revenue (2022) (US$ Million)
Figure 24. Middle East & Africa Power Electronics Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 25. South Africa Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 26. Saudi Arabia Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. UAE Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 28. Rest of Middle East & Africa Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)