The Global Power Discrete Market to Grow At A CAGR Of 10.9 Percent over the Period 2012-2016

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Dublin, Nov. 19, 2013 (GLOBE NEWSWIRE) -- Research and Markets ( has announced the addition of the "Global Power Discrete Market 2012-2016" report to their offering.

One of the key factors contributing to this market growth is the increasing demand for power discrete devices from the renewable energy segment. The Global Power Discrete market has also been witnessing the increasing focus on power discrete semiconductor chip optimization. However, the high cost of power discrete could pose a challenge to the growth of this market.

The key vendors dominating this market space are Fairchild Semiconductor International Inc., Fuji Electric Holdings Co. Ltd., Infineon Technologies AG, International Rectifier Corp., and Renesas Electronics Corp.

Commenting on the report, an analyst from the Hardware team said: ''The recent technological advancements, coupled with the varying demands from several end-user segments, have forced market vendors to manufacture application-specific power discrete semiconductor devices. These devices are designed to cater to the needs of application-specific power discrete semiconductor devices and increase efficiency. Power discrete semiconductor devices are widely used in both consumer and industrial electronic devices. The devices designed for consumer appliances include applications such as low-power drives, inductive heating, and switched-mode power supply/switching-mode power supply. These devices are also being used in the electronic devices of solar power generators and wind power generators.''

According to the report, the increasing demand for renewable energy is one of the major drivers in the Global Power Discrete market. Since power discrete semiconductor devices are an integral component of wind power plants and solar power panels, the demand for these devices has been on the rise in tandem with the increasing demand for renewable energy.

Further, the report states that the intense competition among vendors is one of the major challenges in the Global Power Discrete market.

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