Yole Développement’s report entitled ‘Inverter market trends for 2013 – 2020 and major technology changes ‘ provides a focus on the six most attractive applications (PV, wind turbines, EV/HEV, rail traction, motor drives and UPS) and a new analysis on power stack trends. The report also updates the technology trends, market forecasts until 2020, supply chain analysis and regional players strategies and comprehensive understanding of dynamics for passive components and semiconductor devices.
“A total of more than 28 million units were shipped in 2012 and we estimate that will grow to 80 million units in 2020,” explained Brice Le Gouic, Activity Leader, Power Electronics at Yole Développement.
According to Yole the power module market was $1.9 billion in 2012 and passive components achieved a market size of more than $4 billion, including capacitors, resistors, connectors, busbars and - newly added in this updated report - magnetic components (inductors and transformers).
Wide band gap semiconductor devices have also started to penetrate those high-end market segments: SiC is present in PV inverters – a total market size of $43 million primarily driven by diodes in micro-inverters, but also by JFETs – and GaN which should be introduced in 2013.
Semiconductor technological developments continue to evolve and sharpen inverter performance
Yole Développement 2012 investigation confirmed that semiconductor improvements enabled more efficient conversion, lighter systems and more reliable end-products. IGBTs have improved (higher current density, thinner and faster), as have SiC and GaN-based devices. GaN could be delayed in its market introduction, but SiC is already here and several companies showed SiC power module capabilities in 2012.
Visit Yole Développement at www.yole.fr