Product Code: ETC268749 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United Kingdom Power Electronics Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 2.68% in 2025, climbs to a high of 3.21% in 2027, and moderates to 1.24% by 2029.
The United Kingdom (UK) Power Electronics Market is a rapidly growing sector driven by advancements in technology, increasing demand for energy-efficient solutions, and the shift towards renewable energy sources. The market encompasses various components such as power modules, discrete semiconductors, and integrated circuits used in industries like automotive, consumer electronics, industrial, and power generation. Key trends in the UK Power Electronics Market include the adoption of electric vehicles, smart grid technologies, and the integration of power electronics in renewable energy systems. Major players in the market include Infineon Technologies, Mitsubishi Electric Corporation, and Texas Instruments. Government initiatives promoting clean energy and energy efficiency are also contributing to the growth of the power electronics market in the UK.
The United Kingdom (UK) Power Electronics Market is experiencing significant growth driven by the increasing demand for energy-efficient products and the adoption of renewable energy sources. The market is witnessing a shift towards the development of compact and lightweight power electronic devices that offer higher efficiency and reliability. There is also a rising focus on the integration of power electronics in electric vehicles, smart grids, and industrial automation systems to enhance energy management and control. Furthermore, advancements in semiconductor technologies, such as silicon carbide and gallium nitride, are driving innovation in power electronics applications. Overall, the UK Power Electronics Market is expected to continue to expand, fueled by the increasing emphasis on sustainability and the transition towards a cleaner energy ecosystem.
In the UK Power Electronics Market, one of the main challenges faced is the rapidly evolving technology landscape. As power electronics technologies continue to advance, companies in the UK must constantly adapt and innovate to stay competitive. Additionally, regulatory changes and environmental concerns are putting pressure on companies to develop more energy-efficient and sustainable solutions. Another challenge is the increasing global competition, which requires UK companies to differentiate themselves through product quality, innovation, and cost-effectiveness. Furthermore, the market faces uncertainties related to Brexit and trade agreements, which can impact supply chains and market dynamics. Overall, navigating these challenges requires strategic planning, investment in research and development, and a keen awareness of both domestic and international market trends.
The United Kingdom (UK) Power Electronics Market offers promising investment opportunities driven by the increasing demand for energy-efficient solutions and the growth of renewable energy sources. With the transition towards electric vehicles, smart grids, and industrial automation, there is a growing need for power electronic components such as converters, inverters, and controllers. Companies focusing on developing innovative power electronics technologies to improve energy efficiency, reduce carbon footprint, and enhance power system stability are well-positioned for growth in the UK market. Additionally, government initiatives supporting the adoption of clean energy and the development of infrastructure are further boosting the power electronics sector`s potential for investment and expansion. Investors looking to capitalize on the UK Power Electronics Market can explore opportunities in research and development, manufacturing, and deployment of advanced power electronic solutions.
The UK government has been focusing on promoting the growth of the Power Electronics Market through various policies and initiatives. Some key policies include the Industrial Strategy, which aims to support innovation and drive economic growth in the sector. Additionally, the government has been investing in research and development initiatives to enhance the competitiveness of UK businesses in the global market. Furthermore, the Clean Growth Strategy and the commitment to reduce greenhouse gas emissions have created opportunities for power electronics companies to develop sustainable and energy-efficient solutions. Overall, the government`s policies aim to create a conducive environment for the growth of the Power Electronics Market in the UK, fostering innovation, sustainability, and economic prosperity.
The future outlook for the United Kingdom Power Electronics Market appears promising, with strong growth expected in the coming years. The increasing adoption of electric vehicles, renewable energy sources, and the Internet of Things (IoT) is driving the demand for power electronic devices. Additionally, advancements in technologies such as wide bandgap semiconductors, smart grids, and energy storage systems are further fueling market growth. The UK government`s focus on reducing carbon emissions and promoting sustainable energy solutions will also play a significant role in driving the expansion of the power electronics market. Overall, the market is forecasted to experience steady growth as industries continue to prioritize energy efficiency and sustainability.
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 United Kingdom (UK) Power Electronics Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Power Electronics Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Power Electronics Market - Industry Life Cycle |
3.4 United Kingdom (UK) Power Electronics Market - Porter's Five Forces |
3.5 United Kingdom (UK) Power Electronics Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 United Kingdom (UK) Power Electronics Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 United Kingdom (UK) Power Electronics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 United Kingdom (UK) Power Electronics Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 United Kingdom (UK) Power Electronics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient technologies in the UK |
4.2.2 Growing adoption of electric vehicles and renewable energy sources |
4.2.3 Technological advancements in power electronics industry |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with power electronics systems |
4.3.2 Lack of skilled workforce in the power electronics sector |
4.3.3 Regulatory challenges and compliance requirements |
5 United Kingdom (UK) Power Electronics Market Trends |
6 United Kingdom (UK) Power Electronics Market, By Types |
6.1 United Kingdom (UK) Power Electronics Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Device Type, 2021 - 2031F |
6.1.3 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Power Discrete, 2021 - 2031F |
6.1.4 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Power Module, 2021 - 2031F |
6.1.5 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Power IC, 2021 - 2031F |
6.2 United Kingdom (UK) Power Electronics Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Silicon Carbide, 2021 - 2031F |
6.2.3 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Gallium Nitride, 2021 - 2031F |
6.2.4 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Sapphire, 2021 - 2031F |
6.2.5 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 United Kingdom (UK) Power Electronics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Power Management, 2021 - 2031F |
6.3.3 United Kingdom (UK) Power Electronics Market Revenues & Volume, By UPS, 2021 - 2031F |
6.3.4 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Renewable, 2021 - 2031F |
6.3.5 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 United Kingdom (UK) Power Electronics Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Telecommunication, 2021 - 2031F |
6.4.3 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4.4 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.5 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.4.6 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Military and defense, 2021 - 2031F |
6.4.7 United Kingdom (UK) Power Electronics Market Revenues & Volume, By Energy and Power, 2021 - 2031F |
7 United Kingdom (UK) Power Electronics Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Power Electronics Market Export to Major Countries |
7.2 United Kingdom (UK) Power Electronics Market Imports from Major Countries |
8 United Kingdom (UK) Power Electronics Market Key Performance Indicators |
8.1 Average energy efficiency improvement in power electronics systems |
8.2 Percentage of electric vehicles in total vehicle sales in the UK |
8.3 Number of patents filed for power electronics innovations |
8.4 Percentage of renewable energy sources in the UK's energy mix |
8.5 Investment in research and development in the power electronics sector |
9 United Kingdom (UK) Power Electronics Market - Opportunity Assessment |
9.1 United Kingdom (UK) Power Electronics Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 United Kingdom (UK) Power Electronics Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 United Kingdom (UK) Power Electronics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 United Kingdom (UK) Power Electronics Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 United Kingdom (UK) Power Electronics Market - Competitive Landscape |
10.1 United Kingdom (UK) Power Electronics Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Power Electronics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |