Power Electronics Market Trends, Growth and Forecast 2024-2030

Power electronics is a branch of electrical engineering that deals with the conversion, control, and management of electrical power. It involves the study and application of solid-state electronics to control the flow of electrical energy for various purposes, including conversion between different voltage and current levels, frequency conversion, and power conditioning. Key components of power electronics systems include power semiconductor devices such as diodes, transistors, thyristors, and integrated circuits, as well as passive components like capacitors and inductors.