The Rise of High Voltage Power Electronics and Technology Industry

When we speak of high voltage power electronics we primarily are of the devices or industries using devices that needs more than 1.7kV energy to function. A study conducted on the market of high voltage power electronics has shown a possibility of a boom in them in the near future. Leading companies have started showing interest in production of high voltage power electronics and have already started doing R&D to improve technologies. The total market value of high voltage power electronics now is $405 million. This is smaller than the present low voltage market, but the future may see a burst in the markets of high voltage.

High voltage power electronics includes power convertors using more than 1.7kV energy for their operation. Some of the common industries that use such high voltage powers are the electricity T&D, rail traction, wind turbine converters, ships and vessels, etc. These use the IGBTs, thyristors and diodes that make use of high power. The market drivers of these are primarily done in an energy saving concept.

The market matrix of high voltage power electronic devices and modules (usually the IGBTs, thyristors and diodes) is expected to show very high results in 2015. The market which is now a meagre $390 million in 2009 is estimated to escalate to $570 million in 2015. The future expectations the four leading market players namely the rail traction, electricity transport and development, wind power converters and the ship and vessel industry has been enumerated below

Another player which expects about a 11.1% increase in its turnover is the electricity transport and distribution business. HDVC transportation is expecting an exponential increase especially with ABBs input of a light HDVC architecture, the IGBTs.

When almost all industry was hit by recession of 2009, wind turbines were among those that stood against those testing times. They are growing at a very good pace and are the second strongest at present. Their market is also expecting a very good growth of 9% from 2010-2015.

Wind turbine converters – even the crisis of 2009 could not do anything to this fast growing industry which is attracting all leading players in the field in the name of green energy source. They are expected to be second strongest growers with more than 9% GAGR in 2010-2015.

Ship and vessel industry – an uneven market in 2009 has made this industry a bit slow, but with more production and higher military procurements it does seem to have a good future. Though the acquisition of private passenger yatches are decreasing there still is a scope for military purpose which is expected to fetch $26 million by 2015.

Well, all these industries use high power electronic diodes or IGBTs etc and hence the market for these products has a good future, since their usage would keep increasing as and when new products with lighter versions or cost effectiveness are introduced. And of course our companies are heading their R&D in that way and soon would fill markets with handful of these.

The author has a expert knowledge of electronic parts and shares the Entriegelungsbuegel site. Here you can find a variety of electronic products like Autoradios and what it can do for you. Get a totally unique version of this article from our article submission service

categories: Power Electronics,Technology,Market,Industry,powernetshop.at,Business,sales,marketing

Related Blogs


  
Tags: , ,

Posted under marketing

This post was written by Julie Ashby on May 10, 2010

Leave a Comment

Name (required)

Email (required)

Website

Comments

CAPTCHA Image
*


  

More Blog Post

Next Post:
Previose Post:

Search

Categories