1. IGBT And Thyristor Market Analysis, Market Size,
Application Analysis, Regional Outlook, Competitive
Strategies And Forecasts, 2014 To 2020
Increasing demand for electricity owing to satiate the need of growing population
is expected to drive the IGBT and thyristor market. Growing demand for high-tech
power grid solutions is also expected to play a pivotal role in market growth over
the forecast period. IGBTs are expected to dominate mass transit application in
converters and are used in several high power control gadgets. Thyristors are
widely used for controlling alternating currents. Replacement of aging power
infrastructure in developed countries and government incentives for grid
establishment are some other factors conducive to the IGBT and thyristor market.
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2. Additionally, rising offshore wing farms are also expected to provide new avenues
for market growth over the forecast period. High investments required for power
applications may hinder the IGBT and thyristor market growth over the next six
years.IGBT and thyristor applications include power, renewable energy, industrial,
commercial, and residential. Power application, which consists of Flexible AC
Transmission Systems (FACTS) and high-voltage, direct current (HVDC), is
expected to grow at a considerable rate over the forecast period. Thyristors are also
used in pressure control systems, light dimmers and liquid level regulators. FACTS
application comprises voltage stabilization, congestion management, power flow
control and frequency stabilization.

3. Asia Pacific is estimated to generate high IGBT and thyristor demand owing to
growing investments for power applications in countries such as India, China and
Australia. Brazil is also expected to witness significant growth owing to increasing
investments in FACTS applications over the forecast period.
Key IGBT and thyristor companies include ABB Ltd, Fuji Electric Co., Fairchild
Semiconductor International Inc., Infineon Technologies AG, and Hitachi Ltd.
Mergers and acquisitions for product portfolio expansion and product
differentiation are expected to be the key growth factors for market players.

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