Power Electronics Market Surges
SAN FRANCISCO – The power electronics market is recovering after several tough years and will continue to expand, according to analysts at French research firm Yole Development. The market will surpass 17 billion Euro by 2020, largely driven by electric and hybrid vehicles.
IGBT power modules will lead this growth and reach a compound annual growth rate of 10.3% through 2020, compared to 5.1% growth for discrete components.
”New technologies have appeared in the last decade, such as Super Junction MOSFETs, which have brought the MOSFET family into higher voltage segments up to 900V, with better performance. In terms of power packaging, ongoing evolution is driven particularly by the EV/HEV industry,” the Yole report said.