Surge in Demand Has Edified Power Discrete & Modules Industry

By- Allied Market Research

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Power supply regulation is essential for maintaining high output in various fields like defense, medical, and aerospace. Power Discrete and Modules are widely used in these industries. They offer the operator with a regulated power supply as well as the appropriate voltage information and battery flow. The rising trend for the production of clean energy, rapid globalization, and an increase in the use of intelligent modules in domestic appliances. They trigger the expansion of the power discrete and module market. Also, increasing government incentives toward the adoption of electric vehicles have supplemented the market growth even more.

According to Allied Market Research, the global power discrete and modules market is anticipated to showcase a noteworthy CAGR from 2022 to 2031. ROHM Semiconductors, Mitsubishi Electric Corporation, ON Semiconductor, NXP Semiconductors, Texas Instruments, STMicroelectronics, Renesas Electronics Corporation, Infineon Technologies AG, Toshiba Corporation, and Semtech Corporation are some of the major companies active in the power discrete and modules market. To strengthen their position in the market, these key players are constantly incorporating strategies like mergers and acquisitions. Additionally, geographical expansion, product portfolio enlargement, agreements, innovative product launches, and collaborations.

For example, in July 2020, ‘STMicroelectronics’ introduced an innovative 26 Schottky diode with 25-200 volts voltage ratings and a current rating between 1-5 amperes. These devices give high efficiency for industrial and commercial applications using low voltage. Furthermore, industry-leading “TRENCHSTOP IGBT 7” technology, developed by Infineon Technologies AG, was made available for use in applications such as photovoltaic systems, industrial motor drives, power factor correction, and constant power supplies. In October 2020, Sanken Electric and STMicroelectronics joined forces to develop smart power modules for high-voltage commercial and automotive products.

Products:

A Semiconductor, namely ‘650-volt CoolSiC’, was launched by Infineon Technologies AG in March 2021 with the latest cross-discrete automotive application. It includes the ‘CoolSiC Schottky Diode’ and ‘5 rapid-switching IGBT 50 A TRENCHSTOP’ to supply cost-effective performance and great accuracy. In April 2021, Renesas Electronics Corporation unveiled the RX23W module along with Bluetooth for wireless communication and system control on IoT gadgets. ROHM developed binary-MOSFET products (Pch and Nch) promoting the SH8Mx5/ QH8Mx5 series. The equipment is perfect for industrial uses like factory automation and driving base station engines. In the same year, during mid-December, ‘GaN power semiconductors’ were introduced by STMicroelectronics as part of its STPOWER line.

Nexperia expanded its current selection of discrete components with side-wettable flanks and leadless DFN packages in April, 2022. The company anticipates that these elements will aid in catering to the requisites of the upcoming smart and electric vehicles due to their adaptability and space-saving qualities. In May 2022, Mitsubishi Electric Europe B.V. and Simens Mobility signed an agreement to contribute to the sector of ‘SiC power module technology’. This is to facilitate systematic and sustainable carriage and electricity savings in the transportation field. These recently released products can enable slimmer designs and significantly lower power consumption for consumer electronics products. To reduce switching loss and provide low on-resistance, Toshiba revealed its third-generation (SiC) silicon carbide MOSFETs in August 2022. 

COVID-19 impact on the power discrete and modules market: 

The outbreak of the pandemic resulted in disruptions of the global supply chain. Several industries were affected due to the imposition of lockdown and unavailability of skilled workforce. The power discrete and module market also not an exception in this regard. Sales of automotive electronics suffered from the lockdown, which also disturbed the entire value chain. Various governmental organizations are now constantly introducing subsidiaries and programs to raise awareness about EVs. This has heightened the demand for these products yet again, thus helping the market recover fast. 

About the author:

Gayatri Mohite is an emerging author who loves to explore new things.