Power Electronics Market Set for Robust Expansion, Reaching US$65.7...

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2026-02-24 05:05:12 - Translate -

Power Electronics Market Set for Robust Expansion, Reaching US$65.7 Billion by 2033 Amid Electrification Surge

According to the Business Market Insights The Global Power Electronics Market is poised for significant growth, projected to reach US$65,734.30 million by 2033, up from US$40,254.72 million in 2025, reflecting a steady compound annual growth rate (CAGR) of 5.60% from 2026 to 2033. This expansion underscores the critical role of power electronics in enabling energy-efficient solutions across...

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