Power Semiconductor Market Size, Share & Trends

Research Methodology – Power Semiconductor Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Power Semiconductor Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Power Semiconductor Market is developed by integrating key market indicators and macroeconomic variables. These include:

Factors considered while calculating market size and share

Current and historical market size: Evaluating the market's present size and historical data provides a logical starting point for estimating future growth.
Market growth rate: This is crucial in predicting how the market will develop over time.
Government regulations: Government initiatives, policies, or restrictions can have a significant impact on market size.
Market trends: They give an indication of what is currently 'in' or popular in the sector.
Level of competition: A highly competitive market can impact the market size and share of the power semiconductor industry.
Technological advancements: This would determine the pace at which new or improved products are brought to market.
Economic indicators: The state of the economy, including inflation and unemployment rates, can impact the market size and share.
User demographics: Age, gender, and other demographic factors can all influence demand for power semiconductors.

Key market Indicators

Global industrial production growth: Higher industrial output often requires more power semiconductor devices.
Consumer electronics sales index: Power semiconductors are used widely in these devices.
Automotive sales growth: New vehicles, particularly electric ones, have high semiconductor content.
Renewable energy investment: More generation capacity often requires more power semiconductors.
Sales of power semiconductor devices: This provides a direct measure of the current market.
Sales growth forecasts for electric vehicles and renewable energy systems: These are significant future growth drivers for power semiconductors.
Global GDP growth: A growing economy usually leads to increased demand for power semiconductors.

Growth trends

Increasing electrification of vehicles: This is leading to more demand for power semiconductors.
Greater use of renewable energy: This trend is adding to demand for power semiconductors in energy generation and storage systems.
Growth in consumer electronics and industrial automation: These areas are also significant contributors to the growing demand for power semiconductors.
Continued miniaturization: Smaller, more efficient devices are a strong ongoing trend.
Greater integration: There is a trend towards more integrated devices that combine multiple components in a single package.
Increase in 5G infrastructure: As the 5G network grows, so will the use of power semiconductors in this realm.

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Power Semiconductor Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Power Semiconductor Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: