Yano Research Institute Ltd announced the results of a research on the global market for power semiconductors Aug, 4, 2014.
In 2013, the global market for power semiconductors grew by 5.9% on a year-over-year basis to US$14.313 billion in terms of shipment value. The market shrank in 2012, but, in 2013, it was propelled by the demand recovery in the Chinese market, the steady growth in the automotive field and the growing investment in devices for new energies.
The global market for power semiconductors is expected to grow in 2014, and, in and after 2015, the demands for power semiconductors for white goods, automobiles and industrial equipment are expected to grow, Yano Research Institute said. The company considers that the market scale will reach US$29.45 billion in 2020 in terms of shipment value. By device, the shipment value of power semiconductors for power modules will grow most, followed by those for next-generation vehicles (HVs and EVs), devices for new energies and plant facilities.
With regard to SiC, a next-generation power semiconductor, diodes have so far been mainly employed. But since 2013, transistors have been employed for some applications. In late 2014, device makers started to use 6-inch-diameter (150mm) SiC wafers for volume production. And, in 2015 and 2016, the cost of SiC will be reduced, and it will be used for a wider variety of applications, according to the research results.
Yano Research Institute expects that the scale of the global market for next-generation power semiconductors will reach US$2.82 billion in 2020 in terms of shipment value due to the growth in the demand for SiC power semiconductors.
Yano Research Institute conducted the research with power semiconductor/wafer/system makers from October 2013 to June 2014. It includes power MOSFETs, IPDs (intelligent power devices), diodes, IGBTs, power modules, bipolar transistors and other power devices. The market scale was calculated by adding power semiconductors using next-generation materials such as SiC and GaN to Si power semiconductors.