1.Research period: July to September 2008
2.Research targets: Semiconductor manufacturers, device manufacturers
3.Research methodologies:Face-to-face interviews with relevant personnel were primarily employed, being supplemented by interviews via telephone and e-mail, and literature researches.
<What is Power Semiconductor?>
Power semiconductors are the semiconductor elements used in electric power switching and control devices. Included in this research are Power MOSFET (Metal oxide semiconductor field effect transistor), IPD (Intelligent power device) and diodes, IGBT (Insulated gate bipolar transistor) and power modules.
•World market size of power semiconductors is expected to reach to 16.8 billion dollars in 2008, which is 4.3 percent increase over the preceding year, in spite of the toughening economic environment.
The power semiconductor market size in value for 2007 was 16.1 billion US dollars with the increase of 5.2 percent over the preceding year. Tough market condition has been continuing since the latter half of 2006, due to the negative impacts of cost reduction of household electric appliances and economic recession in the US market. The market size in 2008 is expected to be 16.8 billion US dollars, with somewhat reduced growth rate of 4.3 percent from the previous year.
•The market will continue to grow steadily after 2009, supported by the demand for energy-saving and environmental measures
In 2009 and after, the power semiconductor market is expected to grow steadily based on the demand for energy-saving applications and environmental measures. The growth of the market in 2009 will be limited to 4.2 percent against the preceding year, resulting in the market size of 17.5 billion US dollars. It is expected that the market will start growing again after 2010.