DUBLIN--(BUSINESS WIRE )--The "India Discrete Power Semiconductor Devices Market Research Report: By Application - Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The 2021 value of the Indian discrete power semiconductor devices market was $1,007.7 million, which is set to reach $2,834.2 million by 2030, at a healthy 12.2% CAGR between 2021 and 2030
Discrete power semiconductors are used to switch between direct current and alternating current and regulate voltage and power.
Currently, EVs are the largest application area for such devices in the country owing to the stringent emission regulations implemented on conventional automobiles and initiatives in place for the promotion of electric variants. The most significant of all is the central government's FAME India initiative, which entails a total investment of INR 10,000 crore in its second phase.
Seeing the opportunities, players in the Indian discrete power semiconductor devices market are launching newer products. For instance, Infineon Technologies AG unveiled new EDT2 IGBTs for traction inverters in the TO-247 package type, which is the widest selling of all the package types in the country, in March 2022. Designed for a breakdown voltage of 750 V, it is ideal for traction inverters that require battery voltages of up to 470 V DC.
Similarly, Vishay Intertechnology Inc. launched n-channel TrenchFET MOSFETs in January 2022 for industrial and telecommunication applications. Other major companies in the Indian discrete power semiconductor devices market are NXP Semiconductors N.V., ABB Ltd., STMicroelectronics N.V., Renesas Electronics Corporation, Microchip Technology Incorporated, Fuji Electric Co. Ltd., ON Semiconductor Corporation, Mitsubishi Electric Corporation, and Taiwan Semiconductor Manufacturing Company Limited (TSMC).
Key Findings of India Discrete Power Semiconductor Devices Market Report
1.5 Market Size Breakdown by Segment
1.6 Semiconductor Devices Market Segmentation by Application
Chapter 5. Definition of Market Segments
6.1.1.1 Miniaturization in Semiconductors and Electronics
6.1.1.2 Use of Intelligent Power Modules (IPM)
6.1.2.2 Increase in Demand for Power Electronic Modules Across Industries
Chapter 8. Indian Market Size and Forecast
8.2 Discrete Power Semiconductor Devices Market Revenue, by Application (2017-2030)
8.3 Ev Market Revenue, by Type (2017-2030)
8.4 Solar Power Generation Market Revenue
8.5 Domestic Power Inverter Market Revenue, (2017-2030)
8.6 Power Sector Market Revenue, by Type (2017-2030)
8.7 India Power Modules Market Revenue, by Application (2017-2030)
9.1 List of Market Players and Their Offerings
9.2 Market Share Analysis of Key Players
9.3 Major Clients of Key Players
9.4 Product Comparison of Key Players
9.5 Recent Strategic Developments of Key Players
9.6 List of Major Distributors and Suppliers
9.7.1 High Revenue Pocket Sector for Bel Semiconductor Devices and Power Modules Business
9.7.2 Suitable Marketing and Distribution Channels
For more information about this report visit https://www.researchandmarkets.com/r/nc1cfj.
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T. Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900