China Power Transistor Market Size (2024 - 2029)

China Power Transistor Market Analysis

The China Power Transistor Market size is estimated at USD 8.66 billion in 2024, and is expected to reach USD 11.64 billion by 2029, growing at a CAGR of 6.10% during the forecast period (2024-2029).

Power electronics are widely used in consumer electronics to regulate and control the flow of electrical power. It is a crucial component in consumer electronics as their application includes enhancing the performance and utility of consumer electronics devices by increasing power efficiency, reducing size and system cost, and sleeker designs.

• China is one of the major countries in the market studied, owing to the lucrative market for hybrid and electric vehicles. The country aims to have electric vehicles make up 40% of all car sales by 2030. In 2020, the government imposed a mandate for electric vehicles and phased out subsidies.
• The Made In China 2025 initiative by the government is also leading to the growth of the power electronics market. The initiative is also attracting new investments in the region for power electronics. For instance, IIVI Incorporated, a prominent player in wide-bandgap compound semiconductors, recently expanded its silicon carbide (SiC) wafer finishing manufacturing footprint in China.
• The electronics manufacturing industry has also maintained steady expansion in recent times. As per a report by the China Academy of Information and Communications Technology, during the two months from January to February 2022, the added value of major electronics manufacturers rose 12.7% year-on-year, compared with the 7.5% growth seen in the overall industrial sector in the country.
• Also, the popularity of electric vehicles is growing, and China is regarded as one of the dominant adopters of electric vehicles. The country's 13th Five-Year Plan promotes the development of green transportation solutions, such as hybrid and electric vehicles, for advancements in the country's transportation sector.
• China's electric cars are on track and reached the 20% nationwide penetration goal in 2022, well ahead of the Chinese government's 2025 forecast, due to new models by dozens of competitors attracting new buyers and encouraging owners to switch to electric vehicles.

China Power Transistor Industry Segmentation

The power transistors are used to amplify and regulate signals. They are made from high-performance semiconductor materials like germanium and silicon. These transistors can amplify and regulate a certain voltage level and handle specific ranges of high-level and low-level voltage ratings.

The China power transistor market is segmented by product (low-voltage FETs, IGBT modules, RF and microwave transistors, high voltage FETs, and IGBT transistors), type (bipolar junction transistor, field effect transistor, heterojunction bipolar transistor, and other types), and by end-user industry (consumer electronics, communications & technology, automotive, energy & power, manufacturing, and other end-user industries).

The market sizes and forecasts are provided in terms of value (USD) for all the segments.