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Power Electronics Market worth $36.86 Billion by 2020.

The power electronics market by geography is expected to grow from $21.66 billion that it accounted for, in 2013, to $36.86 billion in 2020, at an estimated CAGR of 7.74% from 2014 to 2020. APAC held a major share of the power electronics ecosystem, worth 42.11%, in 2013; it is expected to be at the same position across the forecast period, followed by the Americas and Europe.

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