China Power Transistor Market Trends

Market Trends of China Power Transistor Industry

Automotive Industry is Expected to Hold a Significant Market Share

• The automotive segment spans several growing technologies destined to encompass and augment daily life. These include electric vehicles/hybrid electric vehicles, changing infrastructure (chargers and inverters), and automotive powertrains. Electric cars are becoming more common on the road nowadays, with prices coming down and range extending up.
• The electrification and automation of automobiles act as primary drivers of the studied market and have led to increased demand for power electronics in the automotive sector, enabling automotive manufacturers to add innovative functionalities to automobiles.
• The number of electric vehicles on the streets is expected to keep multiplying as governments continue incentivizing clean energy. In addition, manufacturers find ways to make their cars more accessible. A big part of making that possible is ongoing innovation in battery technology, driven by the demand for smaller, lighter, and safer batteries that charge faster and last longer. For instance, Tesla, which uses a rapid charging solution, is currently using silicon carbide (SiC) within their vehicle architectures.
• The insulated gate bipolar transistor (IGBT) has emerged as a key player in the development of electric vehicles. In the upcoming years, it is anticipated that the demand for IGBTs will rise significantly due to the rise in electric vehicle sales. For instance, a recent report from the International Energy Agency (IEA) stated that China was the frontrunner in global electric vehicle sales, accounting for around 60% of total electric car sales globally. As a result of these developments, IGBTs will be in demand to meet the needs of electric vehicles.
• Moreover, with the electric vehicle market's growth, many vendors are increasing their R&D expenditures and concentrating on supporting the hybrid electric vehicle and electric vehicle market by developing, integrating, and manufacturing cutting-edge solutions for traction drive and control applications. High switching frequency and short-circuit rating products are continuously being developed by businesses to support efficient and durable automotive designs.

IGBT Transistors to Have a Significant Market Share

• Power transistors, such as IGBTs, help in the rapid dissipation of heat, prevent overheating and minimize carbon dioxide emission and the cost of electricity. These advantages make them a crucial component of several electronic products. Due to the increasing worldwide population and usage of fossil fuels, there has been a rising demand for power-efficient electronic devices.
• Discrete package insulated gate bipolar transistor (IGBT) devices are popular for low-power converters. Discrete IGBTs are the most frequently used semiconductor switches in automotive, other motor drives, and renewable energy systems for power conversion. Power semiconductors are being deployed quickly and widely, which has led to serious reliability concerns due to the scant field data and potential uncertainties. In this sense, the market for IGBTs is expanding significantly.
• The majority of discrete IGBT applications include inverters, various consumer goods like air conditioners and washing machines, switching-mode power supplies (SMPS), which are components used in personal computers, welding equipment, and induction heating devices, like microwaves, electric cookers, and induction stoves, for soft switching and strobe flash control.
• The integration of other semiconductor components (such as sensors, ICs, and microcontrollers) with IGBT devices is helping industries enable efficient and easier control. The provision of gaining insights in the form of data contributes toward analyzing the areas of improvement in both applications and devices.