South & Central America Power Electronics Market Forecast to 2030

At 2.8% CAGR, South & Central America Power Electronics Market is Speculated to be Worth US$ 3,087.39 Million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America power electronics market was valued at US$ 2,468.17 million in 2022 and is expected to reach US$ 3,087.39 million by 2030, registering a CAGR of 2.8% from 2022 to 2030. Growing adoption of smart grid technology and increasing demand for AI-based power electronics are among the critical factors attributed to drive the South & Central America power electronics market growth.

The smart grid can help transform the topology and power system operation of electrical networks. Power electronics are used to control the flow of power in the smart grid to ensure the reliability as well as stability of the smart grids by allowing for more effective and efficient energy management. Various power electronic devices such as metal oxide silicon field effect transistors (MOSFET), insulated gate bipolar junction transistors (IGBT), triode as an AC switch (TRIAC), gate turn off thyristor (GTO), and integrated gate commutated thyristors (IGCT), among others, has a high voltage handling and high current carrying capacity. These power electronics have higher switching frequencies, which is beneficial in the conversion of voltage magnitude and frequency control by allowing control of power flow; it also increases its implementation in smart grids. Government investment in microgrid projects, infrastructure, and power generation is on the rise. For instance, the International Renewable Energy Agency (IRENA) in the US plans to invest US$ 52 billion annually in infrastructure and power generation to provide electricity for everyone by 2030. This investment equals 3.4% of the average annual global energy sector investment. The expansion of the power generation industry increased the demand for power electronics for controlling power flow.

On the flip side, complexities associated with product design and integration hampers the growth of South & Central America power electronics market.

Based on type, the South & Central America power electronics market is categorized into power discrete, power module, and power IC. The power module segment held 49.3% market share in 2022, amassing US$ 1,215.60 million. It is projected to garner US$ 1,605.65 million by 2030 to register 3.5% CAGR during 2022-2030.

In terms of material, the South & Central America power electronics market is segmented into Silicon (SI), Silicon Carbide (SIC), Gallium Nitride (GAN), and others. The Silicon (SI) devices segment held 88.3% share of South & Central America power electronics market in 2022, amassing US$ 2,170.61 million. It is anticipated to garner US$ 2,723.40 million by 2030 to expand at 2.9% CAGR during 2022-2030.

By industry vertical, the South & Central America power electronics market is divided into ICT, automotive & transportation, consumer electronics, industrial, energy & power, and others. The consumer electronics segment held 30.3% share of South & Central America power electronics market in 2022, amassing US$ 747.29 million. It is projected to garner US$ 980.73 million by 2030 to expand at 3.5% CAGR from 2022 to 2030.

Based on country, the South & Central America power electronics market is categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that the Brazil captured 67.4% share of South & Central America power electronics market in 2022. It was assessed at US$ 1,662.81 million in 2022 and is likely to hit US$ 2,147.46 million by 2030, registering a CAGR of 3.2% during 2022-2030.

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

In July 2023, Littelfuse, Inc., an industrial technology manufacturing company empowering a sustainable, connected, and safer world, announced the launch of its new Current Sensing Resistor (C.S.R.) family. These new C.S.R.s offer a more cost-effective solution for measuring current within circuits, enabling voltage monitoring, control, and power management of functions such as battery charging and motor speed while also providing overcurrent protection.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America 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 South & Central America 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 South & Central America market trends and outlook coupled with the factors driving the South & Central America 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. South & Central America 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. South & Central America 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
5.1.3 Growing Adoption of Consumer Electronic Devices and Appliances Among Consumers
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 – South & Central America Market Analysis
6.1 Power Electronics Market Revenue (US$ Million), 2022 – 2030
6.2 Power Electronics Market Forecast and Analysis
7. South & Central America 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. South & Central America 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. South & Central America 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. South & Central America Power Electronics Market – Country Analysis
10.1 South & Central America
10.1.1 South & Central America Power Electronics Market Overview
10.1.2 South & Central America Power Electronics Market Revenue and Forecasts and Analysis – By Countries
10.1.2.1 Brazil Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.1.1 Brazil Power Electronics Market Breakdown by Type
10.1.2.1.2 Brazil Power Electronics Market Breakdown by Material
10.1.2.1.3 Brazil Power Electronics Market Breakdown by Industry Vertical
10.1.2.2 Argentina Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Argentina Power Electronics Market Breakdown by Type
10.1.2.2.2 Argentina Power Electronics Market Breakdown by Material
10.1.2.2.3 Argentina Power Electronics Market Breakdown by Industry Vertical
10.1.2.3 Rest of South & Central America Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Rest of South & Central America Power Electronics Market Breakdown by Type
10.1.2.3.2 Rest of South & Central America Power Electronics Market Breakdown by Material
10.1.2.3.3 Rest of South & Central America 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 Key Developments
13.2 Semiconductor Components Industries, L.L.C. (On Semiconductor)
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 STMicroelectronics NV
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 Mitsubishi Electric Corp
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 Fuji Electric Co Ltd
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 ROHM Co Ltd
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 Renesas Electronics 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 Littelfuse, 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
13.9 Toshiba Electronic Devices & Storage Corp
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Vishay Intertechnology Inc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 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. South and Central America Power Electronics Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 7. Brazil Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 8. Brazil Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 9. Brazil Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Industry Vertical
Table 10. Argentina Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 11. Argentina Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 12. Argentina Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Industry Vertical
Table 13. Rest of South & Central America Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 14. Rest of South & Central America Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 15. Rest of South & Central America Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn) – By Industry Vertical
Table 16. List of Abbreviation

LIST OF FIGURES

Figure 1. South & Central America 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. Power Electronics Market, by Country – Revenue (2022) (US$ Million)
Figure 24. Power Electronics Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 25. Brazil Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 26. Argentina Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. Rest of South & Central America Power Electronics Market Revenue and Forecasts to 2030 (US$ Mn)