Wide-Bandgap Power Semiconductor Devices Market 2020 – 2024: Post-Pandemic Industry Planning Structure
Shape strategic responses through the phases of industry recovery.
STMicroelectronics NV, Texas Instruments Inc., Toshiba Corp., and Transphorm Inc. will emerge as major wide-bandgap power semiconductor devices market participants during 2020-2024.
The wide-bandgap power semiconductor devices market is expected to grow by USD 2.86 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the wide-bandgap power semiconductor devices market in optimistic, probable, and pessimistic forecast scenarios.
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Technavio has announced its latest market research report titled Global Wide-Bandgap (WBG) Power Semiconductor Devices Market 2020-2024 (Graphic: Business Wire)
The wide-bandgap power semiconductor devices market will witness Negative and Inferior impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Increase as compared to 2019.