The Power Semiconductors Market Size was valued at USD 42.12 billion in 2023, is expected to reach USD 55.46 billion by 2031, growing at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031. This steady growth is driven by several key factors. The increasing demand for energy-efficient electronic devices and the rise in renewable energy projects are significant drivers, as...
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