Power Electronics - Inverter Market Trends 2013 - 2020 and Major Technology Changes

1

POWER ELECTRONICS - Inverter Market Trends 2013
- 2020 and Major Technology Changes

Bharat Book Bureau
2
Summary

• Inverter market is exploding, and expects
  to reach 75 billion in 2020.THERE IS
  SIGNIFICANT GROWTH IN THE INVERTER MARKET, WHICH
  REACHED 45 BILLION IN 2012 FOR MOTION AND
  CONVERSIONEnergy related topics have become
  more and more important in 2012 vehicle
  electrification, renewable energies, electricity
  transportation, and as a direct result, the
  power electronics market has increased. This
  growth is driven by 
• high volume and cost pressure applications such
  as EV/HEV
• high added-value markets like renewable energies
  and rail traction

3
Continue

• In this report, we update and present
  market forecasts until 2020. We estimate the
  inverter market to be 45 billion in 2012 and to
  reach 71 billion by 2020. A total of more than
  28 million units were shipped in 2012 and we
  estimate that will grow to 80 million units in
  2020.Thus, the main components of inverter,
  passive and semiconductor modules (that we will
  find in power stacks) represent enticing
  industries. 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).
• As expected, 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.

4
Continue

• SEMICONDUCTOR TECHNOLOGICAL DEVELOPMENTS
  CONTINUE TO EVOLVE AND SHARPEN INVERTER
  PERFORMANCEOur 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 all last year. In this
  report, we updated our technology roadmaps for
  materials and devices.This report also
  highlights the power stack trend that Yole
  surveyed closely in 2012!

5
Continue

• SEMICONDUCTOR TECHNOLOGICAL DEVELOPMENTS
  CONTINUE TO EVOLVE AND SHARPEN INVERTER
  PERFORMANCEOur 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 all last year. In this
  report, we updated our technology roadmaps for
  materials and devices.This report also
  highlights the power stack trend that Yole
  surveyed closely in 2012!

6
Continue

• The Power Stack is the custom design and
  manufacturing of an inverters sub-unit which
  includes only the core components power
  semiconductor module, cooling system, capacitors,
  resistors, current sensors, busbars and
  connectors,Power Stack is the innovative
  sub-system of an inverter. Inverter and device
  makers are becoming power stack manufacturers for
  several reasons
• Vertical integration
• Access to several applications, since power
  stacks are less application-dependent than
  inverters
• Internal cost reductions
• Access to high-end markets
• Sustain RD in-house

7
Continue

• Large firms such as Ingeteam, Semikron or
  ABB are now involved, but power stack also
  interests smaller players such as AgileSwitch
  former IGBT driver manufacturer who are part of
  this about 500 million market.MAJOR CHANGES
  ARE HAPPENING ACROSS THE SUPPLY CHAINPower
  electronics often requires having several types
  of knowledge and experience gained know-how in
  mechanics, electronics, semiconductors,
  electrics, fluidics and hydraulics, and
  connectors. Therefore, development can be
  complicated and final products expensive.

8
Continue

• As a consequence, we have observed and
  analyzed in this report two main trends coming
  out of the power electronics industry
• Japanese and Chinese players, especially
  system makers, tend toward internal vertical
  integration and master the manufacturing
  processes of each sub-system and component. In
  the case of Japanese companies, this tendency is
  mostly driven by cost reduction and absorption of
  intermediary margins, whereas Chinese companies
  want to access the technology and show some proof
  of quality.
• On the other hand, EU and US players are
  diversified and acquisition of new or
  complementary competencies (such as Mersen,
  Rogers or Power Integration) or high-end RD and
  prototyping services (APEI, Primes, IMEC, GE
  Global Research) is becoming more common.

9
Continue

• KEY FEATURE OF THE REPORTThe inverter
  market, including passive components and
  semiconductor devices, is growing.
• Technoloy trends for power electronics
• Market forecasts until 2020
• Supply chain analysis and regional players
  strategies
• Comprehensive understanding of dynamics for
  passive components and semiconductor devices
• WHAT'S NEW COMPARED TO LAST EDITIONFocus on
  the six most attractive applications for power
  electronics PV, wind turbines, EV/HEV, rail
  traction, motor drives and UPS
• New analysis on power stack trend

10
Continue

• OBJECTIVES OF THE REPORTAssess the market for
  inverters and its componentsUnderstand the
  market dynamics for the related power electronics
  applicationsIdentify the key technologies and
  technical trends for tomorrow's high added-value
  systemsHave a clear overview of competitive
  landscape and regional tendenciesAid in
  formulating vertical integration and
  diversification strategyKeep pace with the
  quickly evolving power electronics market

11
For information kindly visit on-

• http//www.bharatbook.com/consumer-electronic
  s-market-research-reports/power-electronics-invert
  er-market-trends-2013-2020-and-major-technology-ch
  anges.html
• Or visit us at
• Bharat
  Book Bureau
• Phone
  91 22 27810772, 27810773
   Toll Free No for USA/Canada
  1-866-279-8368
• E-mail
  info_at_bharatbook.com
• Website
  www.bharatbook.com
• Twitter
  https//twitter.com/BharatBook
• Blog
  http//www.bharatbook.com/market-reports-blog/