The COVID-19 Shuffle: How Companies in Power Discrete and Modules Market Surviving? Latest Research on Infineon Technologies AG, Mitsubishi Electric Corporation, Toshiba Corporation, ON Semiconductor, STMicroelectronics, NXP Semiconductors

Covid-19 scenario:

The Power Discrete and Modules Market have not been impacted during the months of coronavirus pandemic, owing to its application in essential services such as Telecommunication, Renewable, Consumer & Enterprise, Military, Defense & Aerospace, and Medical. On the other hand, the demand for the Power Discrete and Modules Market has slightly been declined in sectors such as Industrial, Automotive, and mining due to restrictions on its application.

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According to a new report published by Allied Market Research, titled, "Power Discrete and Modules Market by Type, Component, Material, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global power discrete and modules market size was valued at $20.75 billion in 2018, and is projected to reach $35.92 billion by 2026, growing at a CAGR of 6.4% from 2019 to 2026. The power modules segment contributed nearly 65% of the share in 2018.

The key players operating in the market include Infineon Technologies AG, Mitsubishi Electric Corporation, Toshiba Corporation, ON Semiconductor, STMicroelectronics, NXP Semiconductors, Renesas Electronics Corporation, Texas Instruments, ROHM Semiconductors, and Semtech Corporation.

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Key Benefits for Stakeholders from this report:

o This study comprises analytical depiction of the global power discrete and modules market size along with the current trends and future estimations to depict the imminent investment pockets.

o The overall power discrete and modules market analysis is determined to understand the profitable trends to gain a stronger foothold.

o The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.

o The current power discrete and modules market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.

o Porter's five forces analysis illustrates the potency of the buyers and suppliers in the power discrete and modules industry.

o The report includes the power discrete and modules market share of key vendors and market trends.

Increase in demand for silicon carbide power devices plays a revolutionary role in the power discrete and module market. The current business scenario has been witnessing an increase in demand for power electronics modules across various industry verticals, particularly in the developed regions such as the U.S., Europe, and China. Companies in this industry have been launching a variety of products, such as silicon carbide Schottky barrier diodes and power MOSFETs, owing to their growing usage in photovoltaic inverters, industrial motor drives, and electro-mobility.

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There has been increase in adoption of power devices in power electronics as they can be operated at higher voltages and higher temperatures as compared to traditional silicon semiconductors devices. There is lesser power loss and reduction in the size of power circuits with the usage of these SiC devices. With rise in usage of electric vehicles and photovoltaic inverters, power devices have been witnessing a strong growth rate. Moreover, governments of various countries such as China, Japan, and the U.S. invest heavily in smart grid technology to improve their electrical networks. Hence, all these factors are expected to fuel the growth of the power discrete and module market.

GaN accounts for the majority of market share in the material segment, owing to its ability of fabricating more compact devices for a given resistance value and breakdown voltage as compared to silicon devices. Moreover, increase in demand for GaN in radio frequency equipment, rise in adoption in the telecommunication industry, and surge in demand for AC fast charger, LiDAR, and wireless power drive the growth of the GaN power components in the market. However, lack of availability of GaN material is expected to restrain the market growth.

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Among the geographical regions, Asia-Pacific exhibits the highest adoption of silicon carbide power devices. With the emergence of increasing Chinese players in the market, Asia-Pacific is expected to show the strongest growth rate in the power discrete and module market. The market growth is attributed to factors such as rise in industrialization, globalization, and growing demand of power electronics devices in medical applications such as automated robots for surgeries and wireless charging healthcare instruments.

Chapter 1: Introduction

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter 2: Executive summary

2.1. CXO perspective

Chapter 3: Market Overview

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top impacting factors
3.2.2. Top investment pockets

3.3. Porter's five forces analysis

3.3.1. Moderate to high bargaining power of suppliers
3.3.2. Moderate threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. Moderate to high intensity of rivalry
3.3.5. Moderate to high bargaining power of buyers

3.4. Patent Analysis

3.4.1. By Region (2012-2019)
3.4.2. By applicant

3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Increase in demand of power electronics modules across various industry verticals
3.5.1.2. Increasing emphasis on power saving.
3.5.1.3. Growth in demand of electric vehicles, plug-in electric vehicles, and hybrid electric vehicles.

3.5.2. Restraint

3.5.2.1. Lack of availability of GaN material

3.5.3. Opportunities

3.5.3.1. Government initiatives in HVDC and smart grid
3.5.3.1. Technological advancement in power MOSFET

Power Discrete and Modules Market to Reach $35.92 Bn, Globally, by 2026 at 6.4% CAGR: https://www.prnewswire.com/news-releases/power-discrete-and-modules-market-to-reach-35-92-bn-globally-by-2026-at-6-4-cagr-allied-market-research-301057586.html

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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