Market Forecast By Device Type (Power Discrete, Power Module, Power IC), By Material (Silicon Carbide, Gallium Nitride, Sapphire, Others), By Application (Power Management, UPS, Renewable, Others), By End Use (Telecommunication, Industrial, Automotive, Consumer Electronics, Military and defense, Energy and Power, Others) And Competitive Landscape
Product Code: ETC268768 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Indonesia Power Electronics Market report thoroughly covers the market by device type, material, application, and End- Use. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Indonesia Power Electronics Market is likely to grow in the forecast period as Indonesia is an emerging market in Southeast Asia and has been experiencing rapid growth in recent years. With the surging demand for energy, power electronics is one of the critical areas that has caught the attention of both domestic and international investors. Power electronics refer to the technology that is used for the conversion, control, and management of electrical power. The demand for power electronics in Indonesia has been on the rise, primarily due to the country's robust economic growth and the increasing need to improve energy efficiency. Applications of power electronics include renewable energy systems, electric vehicles, consumer electronics, and industrial applications such as motion control, power supplies, and motor drives.
According to 6Wresearch, the Indonesia Power Electronics Market size is projected to grow at the CAGR of 14.4 % during the forecast period of 2025-2031. Indonesia's population is increasing, leading to a rise in energy consumption. To meet this demand, the country is accelerating the construction of power plants, which creates opportunities for companies in the power electronics market. Moreover, the declining prices of the components and technology used in power electronics, coupled with the government's support for the domestic production of power electronics, are driving the growth of the market. The surge in population, industrialization, and infrastructure development is driving the demand for electricity.
The supportive government initiatives give boost to the confidence of local and foreign players interested in contributing to the Indonesia Power Electronics Market Growth. With the growing demand for energy-efficient products, the increasing adoption of renewable energy, and the favourable government initiatives, the Indonesian power electronics market has a bright future. These factors have contributed to the growth of the power electronics market in Indonesia. The country is also moving towards digitization, and industries are adopting IoT, artificial intelligence, and automation technologies. This is increasing the demand for high-performance power electronics devices. The Indonesian power electronics market faces various challenges, such as high initial costs of power electronics devices, a lack of awareness about the benefits of using these devices, and the availability of cheaper conventional power electronics devices. These factors act as hurdles to the rise in the Indonesia Power Electronics Market Share.
The Indonesian government aims to promote local production by offering policies and incentives to domestic companies. The "Making Indonesia 4.0" initiative by the government promotes investment in advanced technology such as AI, IoT, and automation to improve the country's manufacturing capabilities. The initiative is aimed at advancing Indonesia into a high-income country by incorporating technology into existing infrastructures. The government also plans to invest in green energy to reduce the country's dependence on fossil fuels.
The Indonesia Power Electronics Industry in Indonesia is highly consolidated, with a few dominant players holding a significant market share. These players include PT Schneider Electric Indonesia, Siemens AG, and Mitsubishi Electric Asia Pte Ltd, to name a few. Local companies such as PT-BAS are also competing in the market to serve the growing domestic demand for power electronics.
Power electronics devices can be categorized into three types: Power Discrete, Power Module, and Power IC. The Power Module segment holds the largest share in the Indonesian market, as an increasing number of industries adopt these modules due to their high efficiency and reliability.
Power Electronics devices find applications in various industries such as power management, UPS, and renewable energy systems. The power management segment is expected to grow in the forecast period. This growth can be attributed to the increasing concerns over energy efficiency and environmental impact. The demand for renewable energy sources and the subsequent need for efficient energy management systems are expected to drive the power management segment over the forecast period.
The Power electronics market in Indonesia is segmented into six end-use industries: Telecommunication, Industrial, Automotive, Consumer Electronics, Military and Defense, and Energy and Power. Of these, the Automotive industry is likely to rise due to the increasing adoption of electric and hybrid vehicles. The demand for power electronics devices will only increase as the country's infrastructure develops to support more electric vehicles.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Power Electronics Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Power Electronics Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Power Electronics Market - Industry Life Cycle |
3.4 Indonesia Power Electronics Market - Porter's Five Forces |
3.5 Indonesia Power Electronics Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Indonesia Power Electronics Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Indonesia Power Electronics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Indonesia Power Electronics Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Indonesia Power Electronics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Power Electronics Market Trends |
6 Indonesia Power Electronics Market, By Types |
6.1 Indonesia Power Electronics Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Power Electronics Market Revenues & Volume, By Device Type, 2021-2031F |
6.1.3 Indonesia Power Electronics Market Revenues & Volume, By Power Discrete, 2021-2031F |
6.1.4 Indonesia Power Electronics Market Revenues & Volume, By Power Module, 2021-2031F |
6.1.5 Indonesia Power Electronics Market Revenues & Volume, By Power IC, 2021-2031F |
6.2 Indonesia Power Electronics Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Power Electronics Market Revenues & Volume, By Silicon Carbide, 2021-2031F |
6.2.3 Indonesia Power Electronics Market Revenues & Volume, By Gallium Nitride, 2021-2031F |
6.2.4 Indonesia Power Electronics Market Revenues & Volume, By Sapphire, 2021-2031F |
6.2.5 Indonesia Power Electronics Market Revenues & Volume, By Others, 2021-2031F |
6.3 Indonesia Power Electronics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Power Electronics Market Revenues & Volume, By Power Management, 2021-2031F |
6.3.3 Indonesia Power Electronics Market Revenues & Volume, By UPS, 2021-2031F |
6.3.4 Indonesia Power Electronics Market Revenues & Volume, By Renewable, 2021-2031F |
6.3.5 Indonesia Power Electronics Market Revenues & Volume, By Others, 2021-2031F |
6.4 Indonesia Power Electronics Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Power Electronics Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.4.3 Indonesia Power Electronics Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.4 Indonesia Power Electronics Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Indonesia Power Electronics Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.4.6 Indonesia Power Electronics Market Revenues & Volume, By Military and defense, 2021-2031F |
6.4.7 Indonesia Power Electronics Market Revenues & Volume, By Energy and Power, 2021-2031F |
7 Indonesia Power Electronics Market Import-Export Trade Statistics |
7.1 Indonesia Power Electronics Market Export to Major Countries |
7.2 Indonesia Power Electronics Market Imports from Major Countries |
8 Indonesia Power Electronics Market Key Performance Indicators |
9 Indonesia Power Electronics Market - Opportunity Assessment |
9.1 Indonesia Power Electronics Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Indonesia Power Electronics Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Indonesia Power Electronics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Indonesia Power Electronics Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Indonesia Power Electronics Market - Competitive Landscape |
10.1 Indonesia Power Electronics Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Power Electronics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |