IGBT And Thyristor Market Analysis, Market Size, Analysis 2014 To 2020 Grand View Research has announced the addition of "Global IGBT And Thyristor Market Analysis And Segment Forecasts To 2020" Market Research report to their Database

Increasing demand for electricity owing to satiate the need of growing population is expected to drive the IGBT and thyristor market. Growing demand for high-tech power grid solutions is also expected to play a pivotal role in market growth over the forecast period. IGBTs are expected to dominate mass transit application in converters and are used in several high power control gadgets. Thyristors are widely used for controlling alternating currents. Replacement of aging power infrastructure in developed countries and government incentives for grid establishment are some other factors conducive to the IGBT and thyristor market. Additionally, rising offshore wing farms are also expected to provide new avenues for market growth over the forecast period. High investments required for power applications may hinder the IGBT and thyristor market growth over the next six years.IGBT and thyristor applications include power, renewable energy, industrial, commercial, and residential. Power application, which consists of Flexible AC Transmission Systems (FACTS) and high-voltage, direct current (HVDC), is expected to grow at a considerable rate over the forecast period. Thyristors are also used in pressure control systems, light dimmers and liquid level regulators. FACTS application comprises voltage stabilization, congestion management, power flow control and frequency stabilization. For More Information on "IGBT And Thyristor Market Research Reports" visit - http://www.grandviewresearch.com/industry-analysis/igbt-and-thyristor-market

Asia Pacific is estimated to generate high IGBT and thyristor demand owing to growing investments for power applications in countries such as India, China and Australia. Brazil is also expected to witness significant growth owing to increasing investments in FACTS applications over the forecast period.

Key IGBT and thyristor companies include ABB Ltd, Fuji Electric Co Key IGBT and thyristor companies include ABB Ltd, Fuji Electric Co., Fairchild Semiconductor International Inc., Infineon Technologies AG, and Hitachi Ltd. Mergers and acquisitions for product portfolio expansion and product differentiation are expected to be the key growth factors for market players.  

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