Lucintel's latest market report analyzed that gate driver IC provides attractive opportunities in the industrial, consumer electronics, communication, computer, and automotive industries. The gate driver IC market is expected to reach $1.8 billion by 2025 with a CAGR of 5.7%. In this market, MOSFET is the largest segment by product type, whereas industrial is largest by application. The emergence of smart gate driver IC and integration of IGBT drive and protection functions provides strategic growth path in this market.
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Based on product type, the gate driver IC market is segmented into MOSFET, and IGBT. The MOSFET segment is accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to its latest technology to deliver high functionality and quality, which incorporate advanced system safety and protection features commonly found in medium- and high-voltage applications.
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The gate driver IC market is marked by the presence of several big and small players. Some of the prominent players offering gate driver IC include Infineon Technologies AG, Mitsubishi Electric Corporation, NXP Semiconductor, ON Semiconductor, Rohm Semiconductors, Renesas Electronics, STMicroelectronics, Semtech Corporation, Texas Instruments, Toshiba Corporation, and others.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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