Gate Driver Ic Market Is Anticipated To Grow At A Cagr Of 5.7% During 2020-2025

By Author: Lucintel LLC
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The global gate driver IC market is projected to reach $1.8 billion by 2025, at a CAGR of 5.7% during 2020-2025. The growth of gate driver IC market is driven by growth in smart home and smart grid technology, rapid electrification of automobiles, and growing need of high voltage devices.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the gate driver IC market by product type (MOSFET, IGBT), material (SiC, GaN), application (Industrial, consumer electronics, communication, computers, and automotive), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the gate driver IC market?
Q.4 What are some changing demands of customers in the gate driver IC market?
Q.5 What are the new developments in the gate driver IC market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are ...
... some of the competitive products and processes in this gate driver IC area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this gate driver IC market?
Emerging trends, which have a direct impact on the dynamics of the industry, include emergence of smart gate driver IC and integration of IGBT drive and protection functions.
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Market Segmentation:
Based on product type, the gate driver IC market is segmented into MOSFET, and IGBT. The MOSFET segment is accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to its latest technology to deliver high functionality and quality, which incorporate advanced system safety and protection features commonly found in medium- and high-voltage applications.
Asia Pacific is expected to be the largest region over the forecast period and witness the highest growth over the forecast period increasing adaption of smart grid technologies and growing usage of high-voltage operating devices in China is expected to drive the market.
Key Players in the gate driver IC market are Infineon Technologies AG, Mitsubishi Electric Corporation, NXP Semiconductor, ON Semiconductor, Rohm Semiconductors, Renesas Electronics, STMicroelectronics, Semtech Corporation, Texas Instruments, Toshiba Corporation, and others.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/gate-driver-ic-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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