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Global Power Semiconductors Market Worth USD 20.66 Billion by 2020 - Analysis, Technologies & Forecasts Report 2014-2020 - Vendors: Broadcom, Faichild, Infineon - Research and Markets

[October 07, 2016]

Global Power Semiconductors Market Worth USD 20.66 Billion by 2020 - Analysis, Technologies & Forecasts Report 2014-2020 - Vendors: Broadcom, Faichild, Infineon - Research and Markets

Research and Markets has announced the addition of the "Global Power Semiconductors Market - by Component, Materials, Application, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2014-2020)" report to their offering.

The global power semiconductors market was USD 14.37 billion in 2014 and is estimated to reach USD 20.66 billion by 2020 at a CAGR of 6.24%.

The market generated majority of its revenue from the APAC region in 2014. Countries such as China, Japan, Taiwan and South Korea were the major contributors. EMEA and America followed the APAC in terms of market share.

An increase in demand for automobiles and industrial equipment is expected to drive the power semiconductor market. Since these devices are an indispensable part of automobiles (especially electric and hybrid) thus the growth of automobiles is expected to have a cascading effect on power semiconductors as well.

nother driver for the power semiconductors is the increasing demand for compact products. These products extensively use IGBTs and MOSFETs and thus directly drive the market. With the proliferation of computer and consumer electronics like notebooks, smartphones and portable media devices the demand for these devices has increased and is expected to increase in the future.

Power module semiconductors are expected to control nearly 30% market share in the overall power semiconductor market with nearly twice the growth rate than the discrete power semiconductors.

Companies Mentioned: