Gate Driver IC Market is forecasted to grow at 6.35% for 2020 to 2027 to an estimated value of USD 2,307.75 million by 2027 with factors such as increasing complexity associated with the gate driver ICs hampering the market growth.
Gate driver IC market has shown a significant adoption rate and preferences from the Asia-Pacific region. This is due to increasing demand for the automated switching devices and rising prevalence of gate driver integrated circuits which will enhance the demand for the gate driver IC in the market.
According to Data Bridge Market Research the gate driver IC market in developing regions is witnessing a growth in terms of its adoption rate, due to increasing trend of smart homes, growing prevalence for high voltage devices, increasing usage of power transistor in different renewable system and rapid electrification of automobiles.
Now the question is which are the regions that gate driver IC market players should target? Data Bridge Market Research has forecasted market leaders to target Asia- Pacific and North America developing regions to help them in attaining better volume of revenue generation.
Gate driver IC market is becoming more competitive every year with SiC currently being the largest market semiconductor material for the forecasted period of 2020 to 2027. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the gate driver IC market.
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Infineon Technologies AG announced the launch of their new RS2007S 200 V half-bridge gate driver IC in September 2018 which will be the part of the EiceDRIVER 200 V level-shift gate driver. They can be used for both low and high voltage battery driven devices and can also decrease the device BOM and ensure reliability. This launch will help the company to enhance their global reach and strengthen their market position.
Gate driver IC market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of gate driver IC companies, contact us https://www.databridgemarketresearch.com/toc?dbmr=global-gate-driver-ic-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Gate Driver IC Market – Industry Trends and Forecast to 2027