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Showing posts with the label IGBT-Based Power Semiconductor Market

COVID-19 Impact Review: What to Expect from Ultrasonic Displacement Sensor Industry in 2020?

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According to a recent report published by Research Dive, titled, "Ultrasonic Displacement Sensor Market by Type, Component, Transducer Type, and End-users: Global Opportunity Analysis and Industry Forecast, 2019-2025," the global Ultrasonic Displacement Sensor market size was valued at $ 2,627.65 Million in 2018, and is projected to reach $ 4,736.67 Million by 2025, registering a CAGR of 8.86% from 2019 to 2025. North America dominates the market, followed by Europe, Asia-Pacific, and LAMEA. U.S. dominated the global Ultrasonic Displacement Sensor market share in 2018, whereas Canada is expected to grow at a significant rate in the U.S. during the forecast period. Ultrasonic displacement sensors are basically used to detect objects and measure distance in industrial applications in which versatility and reliability are the key factors. For instance, Pepperl+Fuchs offers a wide variety of ultrasonic sensors which feature benefits such as large measuring ranges of up ...
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COVID-19 Impact: Why IGBT-Based Power Semiconductor Market Is Catching on Faster in Automotive Industry?

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According to a study conducted by Research Dive, the global Insulated-Gate Bipolar Transistor (IGBT)-Based Power Semiconductor market forecast size is expected to reach $20,103.1 million by the end of 2026, registering 17.6% CAGR over the forecast period. The rise in the usage of renewable energy such as hydro, solar, and tidal energies due to the deteriorating climatic conditions and increasing technological advancements in the developed and developing economies globally are expected to boost the global IGBT market. IGBTsare widely used in high and medium-power applications such as switched-mode power supplies, induction heating and traction motor control. IGBT modules basically consist of multiple devices in parallel and have the capability to handle high current competencies and hundreds of amperes along withblocking the voltages upto 6500 V. Moreover, the increasing prices, the rising demand for integrated circuits(ICs), and the capability that the integrated circuits hav...
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