Green mobility, automation drive power electronics market

July 30, 2015 //By Christoph Hammerschmidt
Green mobility, automation drive power electronics market
High growth rates for the years ahead are what consulting company Roland Berger of Germany predicts for the market of power electronics. The rising demand is fed by two sources: Environmental friendly mobility and the increasing degree of automation in the manufacturing industries, driven by the digitization of production.

By 2018, the global market for power electronics will add 7 percent annually, the Roland Berger experts have figured out. In two years, the market volume will exceed the mark of $200 billion at profit margins of 15 to 20% and beyond.

The experts have identified three main growth drivers: The growing ecological awareness among the population will foster more electric vehicles (including hybrid drives), and the regulations will act in much the same way. The third pillar in Roland Berger’s scenario is the increasing manufacturing productivity, driven itself by “digitization” which manifests itself in increasing connectivity and intelligent controls as described in concepts such as Industry 4.0. All these factors stimulate the demand for power electronic components and devices. The robotics market alone, a subsegment of industrial manufacturing, has grown from $6 billion to $34 billion within the past 15 years. By 2020, this market segment will again double to almost $70 billion, the experts extrapolate.

“Additional contributions to the demand in the power electronics market can be expected from the automotive industry”, explained Roland Berger partner Wolfgang Bernhart. “The strong development of electromobility, driven by the need to reduce CO2 emission, as well as the trend towards automated driving will change the automotive industry radically and open up many new application fields for power electronics.”

Vous êtes certain ?

Si vous désactivez les cookies, vous ne pouvez plus naviguer sur le site.

Vous allez être rediriger vers Google.