MOSFET and IGBT Gate Driver Market Growth Potential & Forecast, 2019 MOSFET and IGBT Gate Driver Market

MOSFET and IGBT Gate Driver Market Size Anticipated to Witness
Significant Growth By 2025
MOSFET and IGBT Gate Driver Market size is witnessing a rapid growth in the coming years owing to
technological advancements such as galvanized isolated gate drivers, higher voltage protection
capabilities, and the wide product portfolio offered by manufacturers. MOSFET and IGBT are used to
generate necessary current and voltage levels in on-board chargers, power supplies, and other
devices for activating a power stage accurately and efficiently, creating a higher demand for these
components. The power switches are largely used in power electronics applications. The optimum
gate drive solution required for these switches prevents faults & shutdowns and offers short-circuit
and over current protection. These components offer shoot-through protection, a phenomenon of
the overflow of current that occurs when two devices such as transistors are fully on simultaneously.
The industrial applications contribute significantly to the MOSFET and IGBT gate driver
market demand. The industrial motors drives are increasingly driven using an electronic
control system for improvements in power efficiency and better control of speed & position.
These applications need to have minimal conduction period losses and switching times to
obtain required efficiency. These components can control the current flow for two or more
motor coils, allowing the full control of motor direction and speed, propelling the growth of
the MOSFET and IGBT gate driver market in industrial motor drives applications. The rapid
growth of the power electronics industry is influencing the growth. The growing electricity
consumption has resulted in a high demand for power electronics devices in power supply
applications. According to the U.S. Energy Information Administration, in the U.S., 4,178
billion kilowatt-hours (kWh) of electricity were generated in 2018.
The growth in the electric vehicle industry and photovoltaic inverter applications in solar-
powered devices are other factors adding to the growth of the MOSFET and IGBT gate driver
market. The growing awareness about environmental pollution and the need for improving
vehicle efficiency have resulted in a greater demand for hybrid & electric vehicles. The
power electronics devices help in achieving energy efficiency and reduction in losses during
conversion, improving overall vehicle performance. These components are used in multiple
applications such as energy storage applications, high power chargers, and onboard charges
used for electric vehicles. The countries such as Norway, France, and China are aggressively
developing required infrastructure facilities for increasing electric vehicles in the country.
The isolated gate drivers are expected to contribute significantly as they enable faster
switching and reliable control for MOSFET and IGBT configurations. An important benefit of
isolated gate drivers is that they can overcome limitations of other high-voltage gate drivers
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