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Bland market awaits power IC market next year

Posted: 20 Dec 2011 ?? ?Print Version ?Bookmark and Share

Keywords:power IC market? power semiconductor? IGBT module?

According to IMS Research, the worldwide power semiconductor market will experience a meager five percent growth next year to reach only $32 billion. The market research firm added that the industry that has grown 37 percent last year will turn tables with double-digit growth in 2013.

The report indicated that the power semiconductor market that include power discretes, power modules and power ICs grew by just 3.7 percent this year. Inventory corrections and major economic uncertainties surrounding the Euro-zone crisis resulted in declines in 2H11. "The effects of the economic uncertainty and reduced spending by consumers and businesses on the power semiconductor market are predicted to continue long in 2012 and industry revenues in 1H12 will be flat year-on-year," noted Ash Sharma, senior research director at IMS.

Power IC market growth was almost three percent lower than power discrete growth this year, though this trend is set to be reversed next year, with slightly higher growth predicted for power ICs. The power module market continued to outperform both power discretes and power ICs, showing sustained high double-digit growth this year. The demand for IGBT modules is seen to drive this growth for the next four years.

"Strong demand for smart phones is projected to continue throughout 2012, despite a slowdown in 4Q11, driving the market for power ICs, in particular battery management ICs. Smartphone charger demand is also forecast to help drive growth of the AC/DC regulator market, switching controllers and MOSFETs. Automotive demand remained strong throughout 2011 and the increasing content of electronics within vehicles is projected to drive growth in all power semiconductor markets," stated senior analyst and report co-author at IMS, Ryan Sanderson.

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