Semiconductors are commonly used in energy transfer for electronics and other related fields. The current state of the art are applications of gallium nitride or silicon carbide rather than conventional markets. The potential improvements and advancements to be gained from this transition could drive their market's worth to as much as US$3 billion by 2025.
https://www.notebookcheck.net/Alternative-semiconductors-for-charging-and-power-could-make-a-billion-USD-industry-by-the-next-decade.423976.0.html