Digital Power Electronics Market to Reach USD 4 Billion by 2020 as proliferation of IoT products and Electric Vehicles Increases

hyderabad, Oct. 25, 2016 (GLOBE NEWSWIRE) -- According to new report, "Digital Power Electronics Market: By Substrate wafers (GaN, SiC, Sapphire); By Components (Digital Power Management IC, Power Modules and Discrete); By Applications (IT, Consumer Electronics, Power Sector, Automobile) - Forecast (2015 - 2020)", the digital power electronics market estimated to reach $4 Billion by 2020.

Browse 39 Market Tables, 76 Figures spread through 180 Pages and an in-depth TOC on “Digital Power Electronics Market

Digital Power Electronics holds the key for effective conversion, transmission, and control of electric power for numerous applications. It generally comprises of controlled components which can be coupled with other passive components cumulatively resulting in conversion like AC-DC and vice versa, frequency alteration, DC-DC and AC-AC.

Power Management has always been an important aspect of modern electronics including analog circuits along with other semiconductor materials and components. The power supply has been a traditionally analog controlled but with the introduction of rectifiers with ones and zeros at the end of diode made power management being introduced into the digital world. The utilization of PWM with comparators and gates and gradually advancing to integrated PWM ICs have made the power management more suitable for digital control. These factors will result in escalating the market demand for digital power ICs to reach $3.96 Billion by 2020.

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Adaptive Auto-Compensation among various Digital Control features to Create Digital Power Electronics a Mainstream Trend

As the converter is utilized and subjected to various load conditions, the bandwidth and gain changes in accordance with Proportional-Integral Derivative (PID) coefficients that controller selects for performance enhancement and stability. With the use of Adaptive Auto-Compensation, this function of controller becomes more reliable as controller becomes adaptable to the system requirements.

Also, power supply module vendors offer general-use modules to different type of power loads. As such, power supply designers are unaware of the impedance levels of the system that module will interact with resulting in range limitations for which product can be employed. But a power module incorporating Adaptive Auto-Compensation capabilities can assist in improving the overall ease and flexibility of the module, thereby allowing a wider range of operation and higher performances.

Internet of things – Connected devices will pave way for digital power electronics market

Internet of Things (IoT) has become the major factor for the Digital Power electronics market as this segment will likely witness considerable uptake in the coming years in terms of adoption of new technologies. Internet of Things (IoT) is a fast evolving product segment, composed to develop and emerge out as the largest electronics market in the semiconductor industry. Connected devices are mainly focused on identifying and stimulating of the environment and surroundings that have almost unlimited extensiveness number of uses.

Apart from the automotive market, IndustryARC forecasts that IoT will have a greater impact on the power electronics market. In near future, IoT will be consigned to smaller devices and will drive low power relative to the smart buildings, power-conscious data centers, and grid management in the next few years. Along with the growth in the IoT market there is a challenge faced by the end-users in the area of security, capability and analytics. The digital power electronics market has come up recently with new and innovative solutions, development of the chips in accordance to the need of the end consumer. The devices are well connected with infrastructure via technologies such as ZigBee, Wi-Fi, and so on. Companies such as Dialog semiconductors have planned to develop various solutions for the smart phones and connected devices, which will further propel the market for the digital power electronics.

Major Players in the Digital Power ICs Market include;

  • Infineon Technologies
  • STMicroelectronics
  • ROHM Semiconductor
  • Texas Instruments

ABB Ltd., Akros Silicon, Analog Devices, Artesyn Embedded Technologies, Astrodyne Corp, Bel Power Solutions, Cambridge Semiconductor, Cirrus Logic Inc., Corsair, Cosel Power Supplies, CUI Inc., Delta Electronics, Dialog Semiconductor, Digital Power Corporation, Diodes Inc., ELMG Digital Power, Eltek Power Systems, Emerson Network Power, Enpirion (Altera), Ericsson Power Modules, Eurotherm (Schneider Electric), Exar Corporation, Excelsys Technologies Ltd., Extech Instruments, Fairchild Semiconductor, FDK Corporation, Freescale Semiconductor and others.

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The market in past couple of years has witnessed a moderate consolidation for digital power electronics. The companies started out exclusively as digital control providers were later acquired by conventional analog control based providers. The aforementioned companies occupied a combined share of around 40% in the Digital Power IC Market in 2015. As the Power Electronics industry continues to evolve with the introduction of more power efficient materials including SiC and GaN, the market for Digital Power Electronics will also observe the corresponding impacts in the near future.

Scope of the Study: The report covers quantitative analysis including values ($M) and volumes (KT) as well as qualitative analysis of the following:

  • Market potential of several materials and end users at global, regional and country level
  • Various insulation materials in different applications and end-users
  • Competitive landscape and growth strategies
  • Trends, drivers and opportunities impacting the growth

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  • The overall market has also been consolidated from the perspective of different geographic locations and key economies for this market.
  • Identifies growth sectors and factors driving or constraining the market;
  • This report gives detailed information about the product value chain right from the beginning which includes raw materials till end-use.
  • The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
  • The study includes the demand of this particular market on a global and regional scale for a six year forecast period of 2016 - 2022, to assess how the market will develop.

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