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Yole Group said in its latest research report that after undergoing market adjustments from 2024 to 2025, the power electronics industry is entering a new stage centered on industry integration, cost optimization and competitiveness improvement. Yole Group expects the global power device market to maintain a compound annual growth rate of 7.1% from 2025 to 2031, with a combined drive of electrification, AI infrastructure, and renewable energy, reaching a market size of 41.3 billion US dollars by 2031. In terms of specific companies, the agency believes that traditional leading companies such as Infineon, Ansemi, and STMicroelectronics are still leading; at the same time, companies such as China Resources Wei, Silanwei, and Anshi Semiconductors are continuing to increase their market share in the industry chain.
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Yole Group said in its latest research report that after undergoing market adjustments from 2024 to 2025, the power electronics industry is entering a new stage centered on industry integration, cost optimization and competitiveness improvement. Yole Group expects the global power device market to maintain a compound annual growth rate of 7.1% from 2025 to 2031, with a combined drive of electrification, AI infrastructure, and renewable energy, reaching a market size of 41.3 billion US dollars by 2031. In terms of specific companies, the agency believes that traditional leading companies such as Infineon, Ansemi, and STMicroelectronics are still leading; at the same time, companies such as China Resources Wei, Silanwei, and Anshi Semiconductors are continuing to increase their market share in the industry chain.
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