#Powersemiconductor is referred to as a type of device that is utilized as a rectifier or switch in electronic circuits. These devices are predominantly used to convert and control electrical power in electric equipment by using the electronic properties of semiconductors such as silicon, germanium, gallium, and arsenide. Power semiconductor devices are equipped with the ability to handle large currents and high voltages.

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Power Semiconductor Market Size & Share Report, 2033
The power semiconductor market size crossed USD 36,050 million in 2022 and is estimated to expand at a CAGR of 2.37% between 2023 and 2033.
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