Asia Pacific IGBT and Thyristor Market 2020- Impact of COVID-19, Future Growth Analysis and Challenges
The market for EVs and hybrid EVs is anticipated to witness the highest CAGR during the forecast period attributed to the growing demand for EVs/HEVs. These vehicles are gaining high acceptance as they are energy-efficient, environment-friendly, and affordable. Additionally, government initiatives in developing countries to reduce carbon emissions are expected to further push the demand for EVs and HEVs in the coming years which are likely to drive the growth of IGBT and thyristor market. The smart grid is expected to play a major role in transforming the electrical networks, along with power system operation during the forecast period and is likely to drive the Asia-Pacific IGBT and thyristor market.
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The Asia Pacific IGBT and Thyristor Market Report mainly contains the following Manufacturers: ABB Ltd,Infineon Technologies AG,Mitsubishi Electric Corporation,Renesas Electronics Corporation,ROHM Co Ltd,Semiconductor Components Industries, LLC (On Semiconductor),STMicroelectronics N.V.,SEMIKRON,VISHAY INTERTECHNOLOGY, INC,FUJI ELECTRIC CO., LTD.
The Report includes the latest coverage of the impact of COVID-19 on the Asia Pacific IGBT and Thyristor industry. The incidence has affected nearly every aspect of the business domain. This study evaluates the current scenario and predicts future outcomes of the pandemic on the global economy.
The technologies such as AI and IoT in power management are expected to eliminate around 80% of IGBT switching losses and near about 90% switching losses of silicon carbide (SiC). Thus, these benefits of AI and IoT in the power module are expected to fuel the growth of IGBT and the Thyristor market.
Detailed reports include inventory and volume analysis, top-selling items, revenue and profit margin optimization, and staffing needs. With these features and technologies, vendors can attract new customers and expand their footprints in emerging markets. These factors are likely to drive the IGBT and thyristor market. The in Asia Pacific is expected to grow at a good CAGR during the forecast period.
These factors are expected to offer broad growth opportunities in the healthcare industry and this is expected to cause the demand for immunochemistry assays in the market.
Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results.
Asia Pacific IGBT and Thyristor Market–Segmentation
Asia Pacific IGBT and Thyristor Market by IGBT Packaging Type
- IGBT Discrete
- IGBT Module
Asia Pacific IGBT and Thyristor Market by IGBT Power Rating
- Low
- Medium
- High
Asia Pacific IGBT and Thyristor Market by IGBT Application
- Energy & Power
- Rail Traction Systems
- Uninterrupted Power Supply
- Electric Vehicles
- Hybrid Electric Vehicles
- Consumer Electronics
- Others
Asia Pacific IGBT and Thyristor Market by Thyristor Application
- Power Transmission Systems
- Motor Controllers
- Light Dimmers
- Pressure Control Systems
- Liquid-Level Regulators
- Others
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