Global Power Semiconductor Market Research Report and forecast 2020

Published On: Apr 2020

Format: PDF

Publisher: QY Research

Pages: 124

Report ID: 132949

Power semiconductors are the core of electrical energy conversion and circuit control in electronic devices, and are mainly used for voltage, frequency, DC and AC conversion functions.

According to IHS data, in 2019, the global power semiconductor market will reach US $40.3 billion, a year-on-year increase of 3.3% compared with 2018.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Based on our recent survey, we have several different scenarios about the power semiconductor YoY growth rate for 2020. The probable scenario is expected to grow by a -9.1% in 2020 and the revenue will be 36.7 billion in 2020. The market size of power semiconductor will reach US$ 39.6 billion, with a growth of 8.1% from 2020 to 2021.

China's power semiconductor market will reach US$14.48 billion, accounting for 35.9% of the global power semiconductor market, and in 2020 will be US$ 13.8 billion due to the COVID-19 impact.

Power IC, IGBT, MOSFET, and diode are the four most widely used power semiconductor products.

According to our research, power ICs accounted for 54% of the global power semiconductor market size in 2017, making them the largest power semiconductor products by market share. MOSFET is mainly used in uninterruptible power supply, switching power supply, inverter audio equipment and other fields. In 2017, the MOSFET market size accounted for 17% of the overall power semiconductor market size; power diodes were mainly used in power supply, adapter, automotive, consumer electronics and other fields. Annual global power diode sales account for about 15% of the total sales of power semiconductors. Due to the wide operating frequency range of IGBTs, which can cover a higher power range, it is suitable for rail transportation, photovoltaic power generation, automotive electronics and other fields. In 2017, IGBT sales accounted for 12%.

MOSFET

The MOSFET market is dominated by manufacturers such as Infineon and ON Semiconductor. According to IHS statistics, global power MOSFET discrete device sales in 2018 reached US $ 7.58 billion, of which Infineon sales reached US $ 2.1 billion, accounting for 27.7% of global power MOSFET sales. ON Semiconductor, STMicroelectronics, Toshiba Semiconductor, Renesas Electronics has 13.1%, 8.0%, 7.0%, and 7.0% market shares, the top five suppliers occupy 62.8% market shares, and the top ten suppliers account for 81% market shares.

IGBT

IGBTs are concentrated in manufacturers such as Infineon, ON Semiconductor, and Mitsubishi Electric. In terms of IGBT, the global discrete IGBT market size reached USD 1.31 billion in 2018, and Infineon accounted for 37.4%. Infineon, ON Semiconductor, Fuji Electric, littelfuse, and STMicroelectronics accounted for 67.8% of the top five manufacturers, and the top ten Manufacturers accounted for 86.1%; global IGBT module sales reached US $ 3.25 billion in 2018.

Power Diode

The power diode market is fragmented. At present, the power semiconductor market is relatively fragmented. Vishay is the world's largest supplier of power diodes, accounting for about 10% of the world, and the top five manufacturers account for about 28%. The market concentration of power diodes is much lower than MOSFETs and IGBTs.

Power IC

Power IC is a miniature structure that integrates components such as transistors, diodes, resistors, capacitors, etc. on a semiconductor wafer and has the required circuit functions. Depending on the application scenario, power ICs include AC/DC, DC/DC, power management, and driver ICs.

Market Opportunities and Drivers

Automotive Electrification

The electrification of automobiles has driven the increase in the value of car semiconductors. Compared with traditional fuel vehicles, new energy vehicles have more batteries, motors, motor controllers, DC / DC, air conditioning drives, and chargers. Air-conditioning, charging system, inverter, DC / DC and other core components of electric vehicles are all

Power devices are required to convert the supply voltage and DC to AC. According to Infineon's prediction, the value of semiconductor components for young hybrid vehicles (MHEV) in 2019 will be about $ 531, while plug-in hybrid vehicles (PHEV) and pure electric vehicles (BEV) will be semi-conductive.

New Energy Power Generation

IGBT modules are the core components of photovoltaic power generation inverters and wind power inverters. New energy power generation drives the continuous growth of power semiconductors. The electric energy generated by solar energy and wind energy does not meet the requirements of the power grid. Photovoltaic inverters / wind power inverters can rectify them into direct current, and then input them to the grid after inverting them to meet the grid requirements.

IGBT is the core component of photovoltaic inverter and wind power inverter. The power group price of a photovoltaic inverter is mainly composed of IGBTs and power diodes. The power components in a wind power inverter are similar to the power components of a photovoltaic inverter. IGBTs in photovoltaic inverters and wind power inverters are mainly 1200V-1700V IGBTs.

Demand for Home Appliances Frequency Conversion

Power semiconductor is the core semiconductor device for frequency conversion technology. Frequency conversion technology uses power semiconductor components such as IGBTs, MOSFETs, and thyristors to convert and control electrical energy to achieve changes in voltage and frequency. The application of frequency conversion technology is mainly concentrated in the fields of home appliances, new energy vehicles, rail transit, etc. Among them, frequency conversion home appliances are the most important application areas. Compared with traditional white appliances, inverter white appliances are more efficient and energy-saving, can achieve precise control, achieve comfort and quietness, and can achieve diversified functions. According to Infineon data, frequency conversion technology can enable appliances to save 60% of energy efficiency.

5G Communication Drives Demand for Power Semiconductors

5G massive MIMO technology drives demand for power semiconductors for single stations. Global mobile communication technology has entered the 5G era. Compared with 4G communication technology, 5G uses technologies such as millimeter wave and massive MIMO to achieve large bandwidth and low latency network transmission.

Industrial Internet Demand

In the industrial field, the field of real power semiconductors is the largest. Power semiconductors are widely used in industry. Industrial equipment such as CNC machine tools, blowers, power generation systems, and rolling mills require power semiconductor devices. On the other hand, due to the gradual disappearance of China's demographic dividend, improving social productivity has become an inevitable choice, and the industry will develop in the direction of automation and networking in the future. According to the Prospective Industry Research Institute, the scale of China's industrial Internet market will reach 608 billion yuan in 2019, and it is expected to reach 1,250 billion yuan in 2024, with a five-year compound growth rate of 15.5%. Power semiconductors are the core components for power control. It is expected that in the future, the demand for industrial Internet will increase. According to ON semiconductor data, compared to manual production, robot production will bring about $ 250 in semiconductor value, which is mainly composed of semiconductor components such as MOSFETs, diodes, and image sensors.

Market Risk

Demand for new energy vehicles, home appliances, and communications fell short of expectations. Power semiconductors, as important devices for power conversion, are widely used in new energy vehicles, variable frequency appliances and communications. If the penetration rate of new energy vehicles is lower than expected, sales of variable frequency appliances such as air conditioners are lower than expected, and 5G communication technology is not promoted as expected. Will affect the demand for power semiconductor devices.

Global Power Semiconductor Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of sales about the global market and also about each type from 2015 to 2026. This section mentions the volume of sales by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Power Semiconductor Market: Segment Analysis

The research report includes specific segments such as application and product type. Each type provides information about the sales during the forecast period of 2015 to 2026. The application segment also provides revenue by volume and sales during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Global Power Semiconductor Market: Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, and Japan alone. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.

Global Power Semiconductor Market: Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

Following are the segments covered by the report are:

Power Semiconductor Device

Power Module

Power Integrated Circuits

By type, power integrated circuits is the most commonly used type, with about 53.68% market share in 2018.

By Application:

Industrial

Automobile

Communication

Consumer Electronics

Power semiconductor is widely used in many areas, which applied most in industrial with about 35% market share in 2018.

Key Players:

The Key manufacturers that are operating in the global Power Semiconductor market are:

Infineon

Texas Instruments

ON Semiconductor

STMicroelectronics

Mitsubishi Electric Corporation

Toshiba

Vishay Intertechnology

Fuji Electric

Nexperia

Littelfuse

Renesas Electronics

Semekron

Competitive Landscape

The analysts have provided a comprehensive analysis of the competitive landscape of the global Power Semiconductor market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.

Table of Contents



1 Power Semiconductor Market Overview

1.1 Product Overview and Scope of Power Semiconductor

1.2 Power Semiconductor Segment by Type

1.2.1 Global Power Semiconductor Production Growth Rate Comparison by Type 2020 VS 2026

1.2.2 Power Semiconductor Device

1.2.3 Power Module

1.2.4 Power Integrated Circuits

1.3 Power Semiconductor Segment by Application

1.3.1 Power Semiconductor Consumption Comparison by Application: 2020 VS 2026

1.3.2 Industrial

1.3.3 Automobile

1.3.4 Communication

1.3.5 Consumer Electronics

1.4 Global Power Semiconductor Market by Region

1.4.1 Global Power Semiconductor Market Size Estimates and Forecasts by Region: 2020 VS 2026

1.4.2 North America Estimates and Forecasts (2015-2026)

1.4.3 Europe Estimates and Forecasts (2015-2026)

1.4.4 China Estimates and Forecasts (2015-2026)

1.4.5 Japan Estimates and Forecasts (2015-2026)

1.4.6 Southeast Asia Estimates and Forecasts (2015-2026)

1.4.7 India Estimates and Forecasts (2015-2026)

1.4.8 South Korea Estimates and Forecasts (2015-2026)

1.4.9 Middle East Estimates and Forecasts (2015-2026)

1.5 Global Power Semiconductor Growth Prospects

1.5.1 Global Power Semiconductor Revenue Estimates and Forecasts (2015-2026)

1.5.2 Global Power Semiconductor Production Capacity Estimates and Forecasts (2015-2026)

1.5.3 Global Power Semiconductor Production Estimates and Forecasts (2015-2026)



2 Market Competition by Manufacturers

2.1 Global Power Semiconductor Production Capacity Market Share by Manufacturers (2015-2020)

2.2 Global Power Semiconductor Revenue Share by Manufacturers (2015-2020)

2.3 Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

2.4 Global Power Semiconductor Average Price by Manufacturers (2015-2020)

2.5 Manufacturers Power Semiconductor Production Sites, Area Served, Product Types

2.6 Power Semiconductor Market Competitive Situation and Trends

2.6.1 Power Semiconductor Market Concentration Rate

2.6.2 Global Top 3 and Top 5 Players Market Share by Revenue

2.6.3 Mergers & Acquisitions, Expansion



3 Production Capacity by Region

3.1 Global Production Capacity of Power Semiconductor Market Share by Regions (2015-2020)

3.2 Global Power Semiconductor Revenue Market Share by Regions (2015-2020)

3.3 Global Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.4 North America Power Semiconductor Production

3.4.1 North America Power Semiconductor Production Growth Rate (2015-2020)

3.4.2 North America Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.5 Europe Power Semiconductor Production

3.5.1 Europe Power Semiconductor Production Growth Rate (2015-2020)

3.5.2 Europe Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.6 China Power Semiconductor Production

3.6.1 China Power Semiconductor Production Growth Rate (2015-2020)

3.6.2 China Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.7 Japan Power Semiconductor Production

3.7.1 Japan Power Semiconductor Production Growth Rate (2015-2020)

3.7.2 Japan Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.8 Southeast Asia Power Semiconductor Production

3.8.1 Southeast Asia Power Semiconductor Production Growth Rate (2015-2020)

3.8.2 Southeast Asia Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.9 India Power Semiconductor Production

3.9.1 India Power Semiconductor Production Growth Rate (2015-2020)

3.9.2 India Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.10 South Korea Power Semiconductor Production

3.10.1 South Korea Power Semiconductor Production Growth Rate (2015-2020)

3.10.2 South Korea Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.11 Middle East Power Semiconductor Production

3.11.1 Middle East Power Semiconductor Production Growth Rate (2015-2020)

3.11.2 Middle East Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)



4 Global Power Semiconductor Consumption by Regions

4.1 Global Power Semiconductor Consumption by Regions

4.1.1 Global Power Semiconductor Consumption by Region

4.1.2 Global Power Semiconductor Consumption Market Share by Region

4.2 North America

4.2.1 North America Power Semiconductor Consumption by Countries

4.2.2 U.S.

4.2.3 Canada

4.3 Europe

4.3.1 Europe Power Semiconductor Consumption by Countries

4.3.2 Germany

4.3.3 France

4.3.4 U.K.

4.3.5 Italy

4.3.6 Russia

4.4 Asia Pacific

4.4.1 Asia Pacific Power Semiconductor Consumption by Region

4.4.2 China

4.4.3 Japan

4.4.4 South Korea

4.4.5 Taiwan

4.4.6 Southeast Asia

4.4.7 India

4.4.8 Australia

4.5 Latin America

4.5.1 Latin America Power Semiconductor Consumption by Countries

4.5.2 Mexico

4.5.3 Brazil



5 Production, Revenue, Price Trend by Type

5.1 Global Power Semiconductor Production Market Share by Type (2015-2020)

5.2 Global Power Semiconductor Revenue Market Share by Type (2015-2020)

5.3 Global Power Semiconductor Price by Type (2015-2020)

5.4 Global Power Semiconductor Market Share by Price Tier (2015-2020): Low-End, Mid-Range and High-End



6 Global Power Semiconductor Market Analysis by Application

6.1 Global Power Semiconductor Consumption Market Share by Application (2015-2020)

6.2 Global Power Semiconductor Consumption Growth Rate by Application (2015-2020)



7 Company Profiles and Key Figures in Power Semiconductor Business

7.1 Infineon

7.1.1 Infineon Power Semiconductor Production Sites and Area Served

7.1.2 Power Semiconductor Product Introduction, Application and Specification

7.1.3 Infineon Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.1.4 Main Business and Markets Served

7.2 Texas Instruments

7.2.1 Texas Instruments Power Semiconductor Production Sites and Area Served

7.2.2 Power Semiconductor Product Introduction, Application and Specification

7.2.3 Texas Instruments Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.2.4 Main Business and Markets Served

7.3 ON Semiconductor

7.3.1 ON Semiconductor Power Semiconductor Production Sites and Area Served

7.3.2 Power Semiconductor Product Introduction, Application and Specification

7.3.3 ON Semiconductor Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.3.4 Main Business and Markets Served

7.4 STMicroelectronics

7.4.1 STMicroelectronics Power Semiconductor Production Sites and Area Served

7.4.2 Power Semiconductor Product Introduction, Application and Specification

7.4.3 STMicroelectronics Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.4.4 Main Business and Markets Served

7.5 Mitsubishi Electric Corporation

7.5.1 Mitsubishi Electric Corporation Power Semiconductor Production Sites and Area Served

7.5.2 Power Semiconductor Product Introduction, Application and Specification

7.5.3 Mitsubishi Electric Corporation Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.5.4 Main Business and Markets Served

7.6 Toshiba

7.6.1 Toshiba Power Semiconductor Production Sites and Area Served

7.6.2 Power Semiconductor Product Introduction, Application and Specification

7.6.3 Toshiba Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.6.4 Main Business and Markets Served

7.7 Vishay Intertechnology

7.7.1 Vishay Intertechnology Power Semiconductor Production Sites and Area Served

7.7.2 Power Semiconductor Product Introduction, Application and Specification

7.7.3 Vishay Intertechnology Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.4.4 Main Business and Markets Served

7.8 Fuji Electric

7.8.1 Fuji Electric Power Semiconductor Production Sites and Area Served

7.8.2 Power Semiconductor Product Introduction, Application and Specification

7.8.3 Fuji Electric Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.8.4 Main Business and Markets Served

7.9 Nexperia

7.9.1 Nexperia Power Semiconductor Production Sites and Area Served

7.9.2 Power Semiconductor Product Introduction, Application and Specification

7.9.3 Nexperia Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.9.4 Main Business and Markets Served

7.10 Littelfuse

7.10.1 Littelfuse Power Semiconductor Production Sites and Area Served

7.10.2 Power Semiconductor Product Introduction, Application and Specification

7.10.3 Littelfuse Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.10.4 Main Business and Markets Served

7.11 Renesas Electronics

7.11.1 Littelfuse Power Semiconductor Production Sites and Area Served

7.11.2 Power Semiconductor Product Introduction, Application and Specification

7.11.3 Littelfuse Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.11.4 Main Business and Markets Served

7.12 Semekron

7.12.1 Renesas Electronics Power Semiconductor Production Sites and Area Served

7.12.2 Power Semiconductor Product Introduction, Application and Specification

7.12.3 Renesas Electronics Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

7.12.4 Main Business and Markets Served

.1 Semekron Power Semiconductor Production Sites and Area Served

.2 Power Semiconductor Product Introduction, Application and Specification

.3 Semekron Power Semiconductor Production Capacity, Revenue, Price and Gross Margin (2015-2020)

.4 Main Business and Markets Served



8 Power Semiconductor Manufacturing Cost Analysis

8.1 Power Semiconductor Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Key Raw Materials Price Trend

8.1.3 Key Suppliers of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.3 Manufacturing Process Analysis of Power Semiconductor

8.4 Power Semiconductor Industrial Chain Analysis



9 Marketing Channel, Distributors and Customers

9.1 Marketing Channel

9.2 Power Semiconductor Distributors List

9.3 Power Semiconductor Customers



10 Market Dynamics

10.1 Market Trends

10.2 Opportunities and Drivers

10.3 Challenges

10.4 Porter's Five Forces Analysis



11 Production and Supply Forecast

11.1 Global Forecasted Production of Power Semiconductor (2021-2026)

11.2 Global Forecasted Revenue of Power Semiconductor (2021-2026)

11.3 Global Forecasted Price of Power Semiconductor (2021-2026)

11.4 Global Power Semiconductor Production Forecast by Regions (2021-2026)

11.4.1 North America Power Semiconductor Production, Revenue Forecast (2021-2026)

11.4.2 Europe Power Semiconductor Production, Revenue Forecast (2021-2026)

11.4.3 China Power Semiconductor Production, Revenue Forecast (2021-2026)

11.4.4 Japan Power Semiconductor Production, Revenue Forecast (2021-2026)

11.4.5 Southeast Asia Power Semiconductor Production, Revenue Forecast (2021-2026)

11.4.6 India Power Semiconductor Production, Revenue Forecast (2021-2026)

11.4.7 South Korea Power Semiconductor Production, Revenue Forecast (2021-2026)

11.4.8 Middle East Power Semiconductor Production, Revenue Forecast (2021-2026)



12 Consumption and Demand Fprecast

12.1 Global Forecasted and Consumption Demand Analysis of Power Semiconductor

12.2 North America Forecasted Consumption of Power Semiconductor by Country

12.3 Europe Market Forecasted Consumption of Power Semiconductor by Country

12.4 Asia Pacific Market Forecasted Consumption of Power Semiconductor by Regions

12.5 Latin America Forecasted Consumption of Power Semiconductor

13 Forecast by Type and by Application (2021-2026)

13.1 Global Production, Revenue and Price Forecast by Type (2021-2026)

13.1.1 Global Forecasted Production of Power Semiconductor by Type (2021-2026)

13.1.2 Global Forecasted Revenue of Power Semiconductor by Type (2021-2026)

13.1.2 Global Forecasted Price of Power Semiconductor by Type (2021-2026)

13.2 Global Forecasted Consumption of Power Semiconductor by Application (2021-2026)

14 Reseach Finding and Conclusion



15 Methodology and Data Source

15.1 Methodology/Research Approach

15.1.1 Research Programs/Design

15.1.2 Market Size Estimation

15.1.3 Market Breakdown and Data Triangulation

15.2 Data Source

15.2.1 Secondary Sources

15.2.2 Primary Sources

15.3 Author List

15.4 Disclaimer