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New Market Research Report: IGBT and Thyristor Market by Application (Power, Renewable Energy, Motor Drives and Others) and by Geography (North America, Europe, APAC and ROW) - Analysis and Forecast 2013 - 2018

 

Boston, MA -- (ReleaseWire) -- 02/14/2014 -- Electric power is the most essential component in human life, and life would come to a standstill without it. Thus, there is a need to enhance the transmission system. The IGBT & Thyristor market is in its growth stage and penetrating very fast. Since its invention in the early 1980s, the IGBT has become the dominant power of semiconductor in converters for mass transit applications. IGBT has become the switching element of choice in applications requiring devices rated above 500V. The high-tech power grid will increase power trading among the neighboring nations which would be a scorching concern for the IGBT and Thyristor market in the coming future while developments/advancements in power electronics would be a captivating imperative for the existing as well as new entrants.
In today's field of modern engineering technology and science, thyristors form an extremely important device and is almost universally employed for all high-power controlled gadgets. Thyristors are mainly used where high currents and voltages are involved, and are used to control alternating currents (AC), where the change of polarity of the current causes the device to switch off automatically. In addition, it has been observed that the IGBT driver's area is active and justified by the bunch of start-up companies proposing solutions offering more design flexibility and/or higher performance. Major drivers of the market are government incentives and the aging power infrastructure in the developed economies. These drivers are giving a boost to the power application market which in turn is fuelling the growth in the IGBT and thyristor market
China, Australia, and India are the fastest-growing countries in the APAC region, whereas Brazil is the potential market for the IGBT and thyristor market for FACTS application.For power conversion and power quality control, both HVDC and FACTS systems use power electronic converters. IGBTs and thyristors have been serving as the key componentsin HVDC and FACTS converters for several years and are being further developed for higher power rating these days. The report describes the thyristor and IGBT technology and its development in applications such as power, renewable energy, motor drives, motor controls, light dimmers, and others. With particular reference to thyristors' application in high-voltage and high-current areas, the fundamental features and characteristics of thyristors havebeen discussed. Many thyristors connected in series together with specially designed auxiliary mechanical and electronic systems builtwith so called thyristor valves, form the converters for the power systems.

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