Power Discretes Market To 2020
The emerging Asian countries such as China and Taiwan will lead to high demand growth for discrete power semiconductors
. There has been an increase in industrial production due to rising domestic and export demand largely because of consumer spending and positive sentiments. The increased production and consumption of consumer electronics have created significant demand for discrete devices.
These countries have large OEM (Original Equipment Manufacturer) base due to cheap labor, low production costs and favorable government policies. Due to large populations and an increase in the purchasing power of all income groups, there has been a sharp rise in demand for these devices.
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The power discrete semiconductor market is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.6% in dollar revenue terms during the 20102020.
Power discrete semiconductors in consumer electronics will register a sharp rise in demand. The demand for these devices in consumer electronics applications is driven by their low cost and compact size. In consumer electronics, power discrete semiconductors are used in LCD televisions, portable media players, washing machines, notebooks, Uninterrupted Power Supply (UPS) and battery chargers.
The global power discrete semiconductor market for consumer electronics is expected to grow at a CAGR of 17.4% during the forecast period 20102020.
Upcoming technologies such as HEVs and EVs that use many electronic components, will lead to a high demand for discrete power semiconductors, especially MOSFETs (Metal Oxide Semiconductor Field Effect Transistors) and IGBTs (Insulated Gate Bipolar Transistors).
Global warming and energy concerns have been forcing automobile vendors and also consumers to adopt green and energy efficient technologies such as HEVs and EVs.
During 20002008, the HEV market revenues grew at a CAGR of 42.8% with volumes growing at a CAGR of 46.8%. In 2008, the global HEV market earned revenue of $12.1 billion on shipments of 512,000 HEVs.
GBI Researchs new report, Power Discretes Market to 2020Increased Demand from Hybrid Electric Vehicles, Solar Photovoltaic and Wind Energy Markets to Benefit MOSFETs and IGBTs provides the key market statistics and analysis on the discrete power semiconductor industry. The report covers the key market drivers, restraints and growth forecasts for major market segments in the power discretes Industry.
This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Researchs team of industry experts.
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by: GBI Research
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