Power Electronics Market Current Trend Analysis 2018-2022
MRC Announces the Publication of its Research Report – Global Power Electronics Market 2018-2022 MRC recognizes the following companies as the key players in the global power electronics market: Infineon Technologies, Mitsubishi Electric Corporation, NXP Semiconductors, STMicroelectronics, and Texas Instruments Incorporated. Commenting on the report, an analyst from MRC’ s team said: “ One trend in the market is increased use of wide bandgap materials. Wide bandgap materials have been considered as the next-generation semiconductor materials due to their properties such as high breakdown voltage and operability at high temperatures and frequencies at a smaller size than conventionally used silicon.” According to the report, one driver in the market is increased adoption of renewable energy. The Renewable Energy growth program initiated by the US Department of Energy in 2015, got an extension till 2029. This program aims at producing 40 MW of combined renewable energy per year up to