Global Power Electronics For Renewable Energy market size is expected to reach $13.56 billion by 2030 at 7.3%, rising adoption of renewable energy sources drives growth in power electronics market
Global Power Electronics market size is expected to reach $64.15 billion by 2030 at 5.2%, rapid development of electric vehicles
The power discrete and module market grows from $30.49B in 2025 to $41.45B by 2030 at ~6.2% CAGR driven by EV electrification renewables and advanced power semiconductors.
The power diode market grows from $2.56B in 2025 to $3.27B by 2030 at ~5.1% CAGR driven by EV adoption renewable energy demand and efficient power conversion.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.