Role of IoT and Edge Computing in Enhancing Power Electronics Software Performance By 2034, the U.S. power electronics software market had achieved a valuation of USD 1,853.23 million, growing at a CAGR of 10.5% since 2025—a reflection of deepening product differentiation, application-specific growth, and segment-wise performance improvements across various end-user industries. As electrification gains momentum across transportation, manufacturing, and energy sectors,...
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