Demand for IGBT and Super Junction MOSFET and Impact of COVID-19……..


The global IGBT And Super Junction MOSFET Market is expected to reach USD 10.74 billion by 2020, according to a new study by Grand View Research, Inc. Need for high energy efficiency coupled with green initiatives is expected to be the key market driver over the forecast period. Changing consumer preferences have led to high demand for electric vehicles, which is also expected to drive power electronics adoption, and thus the IGBT & super junction MOSFET market.
The exponential spread of COVID-19 worldwide has had an adverse impact on the semiconductor industry with manufacturing facilities temporarily shut, leading to a significant slowdown in the production. The outbreak could result in disruption across the ecosystem with several supply chain participants shifting their production facilities outside China, thereby reducing their over-reliance on China. Lockdowns imposed by the governments in the wake of the Covid-19 outbreak has not only affected manufacturing but also hauled consumer demand for semiconductor devices. Our analysts predict a decline in semiconductor revenue by over 1% in 2020 as compared to that in 2012. The report will account for Covid19 as a key market contributor.
The data center market has witnessed growth, which has spurred data center UPS market growth across organizations. High renewable energy demand has led to increased installation of wind turbines, which is expected to favorably impact the global market. Availability of alternatives to these products may restrain market growth over the next six years. Growing smart grid infrastructure is expected to serve as a considerable growth opportunity for companies operating in the market.
Infineon Technologies, Mitsubishi Electric, and Fuji Electric are the key companies operating in the IGBT market. Mergers and acquisitions for consolidating global market share and expanding in emerging and established regional markets are among the key strategies undertaken by industry participants. Vertical integration across the organization is also among major strategic initiatives. The super junction MOSFET market is highly consolidated, Infineon and STMicroelectronics accounted for the majority of the overall market share in 2013.
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https://www.grandviewresearch.com/industry-analysis/igbt-and-super-junction-mosfet-market/request/rs1
Growing demand for energy efficiency and increased focus on renewable energy is expected to be the key driving force for the IGBT & super junction MOSFET market. Electrical transmission efficiency demand has resulted in need for improved power electronics designs, driving the IGBT & super junction MOSFET market. Green IT initiatives across several organizations to curb power losses and protect the environment are expected to fuel the market over the forecast period.
Further key findings from the study suggest:
·         IGBT accounted for majority of the overall market in 2013; this can be attributed to the significant IGBT module market. These modules are used in inverter applications, and enabling equipment miniaturization is expected to be the key driving factor for this segment. Reduced heat dissipation along with higher efficiency is expected to fuel the super junction MOSFET market over the next six years.
·         Electric and hybrid electric vehicles are expected to witness the highest growth over the forecast period. IGBT is largely used in these vehicles as compared to its counterpart, which is mainly on account of low cost and considerable number of application areas such as in lighting and infotainment. Proliferation of consumer electronics has positively impacted the converters/chargers segment. 
·         Asia Pacific is expected to remain the dominant regional market over the next six years; it accounted for over 35% of the market share in 2013. High demand for efficient power semiconductors across end-use industries is expected to fuel the regional market over the forecast period.
·         Notable industry participants include Infineon Technologies, STMicroelectronics, Fuji Electric, Vishay Intertechnology and Mitsubishi Electric. Establishing strong global presence and a competitive product portfolio are among other key initiatives adopted for sustaining in the market.
High replacement demand and positive developments in the data center market is expected to propel IGBT & super junction MOSFET market demand. There has been a shift towards the use of electric vehicles (EV) and hybrid electric vehicles (HEV) so as to meet emission norms and reduce carbon footprint. Since this trend is expected to boost IGBT & super junction MOSFET adoption, it is expected to favorably impact the global market over the forecast period. Availability of substitutes including compound semiconductor materials such as silicon carbide and Gallium-Nitride (GaN) may restrain market growth.
Key segments include discrete products and modules. Discrete IGBT is used widely in consumer electronics as well as in high-power application areas. IGBT is expected to continue witnessing popularity wind and solar power generation, general-purpose inverters and high-frequency applications. Power adaptor miniaturization is expected to drive the super junction MOSFET market. Discrete product growth can be attributed to power supply application demand. Super junction MOSFET modules are expected to gain market share in the inverter segment.
Major segments include converters or adaptors, consumer, PV inverters, industrial, uninterruptible power supply (UPS), motor drives and EV/HEV applications. Adaptor or charger demand can be credited to growing number of smartphones, tablet PCs and related devices. Electric and hybrid electric vehicles are expected to gain market share over the next six years, mainly due to a large number of features facilitated by IGBT & super junction MOSFET. These include infotainment, HVAC, electric power steering, as well as lighting. Controlled motor drive system demand is expected to fuel the market in the motor drives segment over the next six years.
Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-igbt-and-super-junction-mosfet-market
Grand View Research has segmented the global IGBT & super junction MOSFET market on the basis of product, application:
IGBT Product Outlook (Revenue, USD Million, 2012 - 2020)
·         Discrete IGBT
·         IGBT Module
Super Junction MOSFET Product Outlook (Revenue, USD Million, 2012 - 2020)
·         Discrete Super Junction MOSFET
·         Super Junction MOSFET Module
IGBT & Super Junction MOSFET Application Outlook (Revenue, USD Million, 2012 - 2020)
·         UPS
·         EV/HEV
·         Consumer Electronics
·         Industrial
·         Adapter/Charger
·         Motor Drives
·         Wind Turbines
·         Rail Traction
·         PV Inverters
·         Lighting
·         Others
IGBT & Super Junction MOSFET Regional Outlook (Revenue, USD Million, 2012 - 2020)
·         North America
·         Europe
·         Asia Pacific
·         RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


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