HOME Research Insight Infineon Technologies AG and Texas Instruments, Inc. (U.S.) are the leading players in the Power Electronics Market

Infineon Technologies AG and Texas Instruments, Inc. (U.S.) are the leading players in the Power Electronics Market

The power electronics market is highly competitive with the presence of a large number of small and big players. This market is expected to grow at a CAGR of 2.4% during the forecast period. As of 2015, Infineon Technologies AG (Germany) dominated the power electronics market. The strategy of new product launches has been the key strategy adopted by the market players to grow in this market. This strategy accounted for a share of ~90% of the overall growth strategies adopted by the market players between January 2014 and December 2016

The enhancement of power infrastructure and the growing focus toward using renewable power sources have encouraged the companies to adopt this strategy. Besides new product launches, the companies have also adopted the strategies of mergers, acquisitions, and collaboration to expand their business operations, product portfolio and distribution network as well as to increase their market share and strengthen their position in this market.

Infineon Technologies AG is one of the leading developer, manufacturer, and supplier of power electronics devices. The company’s power product portfolio include insulated-gate bipolar transistor (IGBT), power metal oxide semiconductor field-effect transistor (MOSFET), and silicon carbide (SiC) among others. The company has its presence in the Americas, Asia-Pacific (APAC), Europe, and the Middle East and Africa (EMEA). The company has over 25,000 patents and patent applications. In October 2016, the company launched a new discrete IGBT for the induction cooking application. In July 2016, the company entered into an agreement to acquire the wolfspeed power and radio frequency (RF) business segment of Cree, Inc. (U.S.). This acquisition would help the company to enhance its product portfolio and strengthen its market position as a supplier of power and RF solutions.

Texas Instruments, Inc. (U.S.) is a well-known name in the global market for semiconductor devices. The company sells power electronics products through the power management division under its analog business segment. Texas power management offering includes power module, power MOSFET, GaN solutions, and others. Texas Instruments, Inc. has a very strong hold on the Asian market and could use its strong brand image, and sales and distribution channel to further strengthen its hold in other regions. In June 2016, the company launched a MOSFET named “CSD18541F5”. This new product is compact and has features such as minimized power loss, and low resistance among others.

Related Reports:

Power Electronics Market by Material (Silicon, SiC, GaN, Sapphire), Device Type (Discrete, Module, and IC), Vertical (ICT, Consumer Electronics, Power, Industrial, Automotive, and Aerospace and Defense), and Geography - Global Forecast to 2022

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