POWER MOSFET MARKET ANALYSIS

Market Challenges And Opportunities

• Limitations in operations of power MOSFET systems
• High overall cost    

Global Power MOSFET Market Drivers:

Growing dependence on electrical machinery and equipment to drive growth of the market

Today’s machines are very compact, efficient, and versatile in performing their tasks, and these machines have taken over many activities that were performed manually. In recent years, the demand for such machines and electronic equipment has increased significantly. Most of the today’s machinery make use of power MOSFETs for managing power in solar and wind installations. Thus, the demand for this technology is increasing, with growing dependence on electrical machinery. This factor is therefore expected to accelerate growth of the global power MOSFET market over the forecast period.

Increasing importance of power saving to fuel the market growth

Getting electricity is becoming challenging, as there is a significant deplete in fossil fuels. Consequently, the importance of conserving energy is growing all over the world. MOSFETs are switching devices that are utilized to control applications such as inverter, electric vehicle, and power supplies. The use of MOSFET is widespread across industrial applications that involve low switching frequency. The rise in emphasis on power saving as well as growing use of renewable energy is opening doors for the market. Thus, this factor is expected to propel growth of the global power MOSFET market over the forecast period.

Global Power MOSFET Market Opportunities:

Increasing technological development in power MOSFET is expected to bring multiple growth opportunities in the global power MOSFET market over the forecast period. Today’s electronics consist several features to grow their sales and offer comfort to users. The electronic components, such as smartphones, computers, cloud systems, and wireless communication are witnessing technological improvements. Moreover, other improvements are enhancement in safety parameters for the consumers. These factors are in turn offering growth opportunities in the global power MOSFET market.

Growing applications of power MOSFET to bring business opportunities in the global power MOSFET market over the forecast period. The use of power MOSFET transistors has increased in solar, lighting, DC-DC converter, onboard charger, and EV charging. With increasing demand for hybrid and electric vehicles around the world, the demand for power MOSFET transistors is likely to growth. This in turn is expected to generate growth opportunities in the market.

Global Power MOSFET Market Restraints:

Limitations in operations of power MOSFET systems to hinder the market growth

Power MOSFET systems face limitations such breakdowns, owing to drain to source voltage, gate oxide, temperature, and maximum drain current. Gate oxide is always very thing due to which, it has a low breakdown threshold, and high gate to source voltage cuts down the life of MOSFET with very less benefits of RDSon reduction. Thus, this factor is likely to impede growth of the global power MOSFET market over the forecast period.

High cost of power MOSFET systems to obstruct the market growth

The high cost involved in installation of these systems in vehicles acts as a major challenge, which in turn leads to higher cost of vehicles. Along with this, due to various electronic components, the serviceability of vehicles becomes difficult and creates the need for skilled labor. These factors in turn are expected to hamper growth of the global power MOSFET market over the forecast period.