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Power Semiconductor Market Forecast and Outlook (2024-2031) | #power Semiconductor Market Forecast and Outlook

Power Semiconductor Market Forecast and Outlook (2024-2031)

Power Semiconductor Market Forecast and Outlook (2024-2031)

The global power semiconductor market reached US$ 56,155 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 171,709 million by 2031. The market is growing at a CAGR of 15.0% during the forecast period (2024-2031).