A detailed analysis was carried out by Yole development for the technical development and market behaviour of high voltage power electronics. Four industries were specially investigated for their market performance namely the wind turbine converters, rail traction, electricity transportation and distribution (T&D) industry and the ship and vessels industry. Other power industries like the industrial motor drive or the UPS markets were not taken into consideration owing to their volatile nature.

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.

Even governments show an encouragement to these industries by providing subsidies for their production there by giving a boost to green energy.

Among the four main players considered, the strongest CAGR between 2010 and 2015 has been observed in case of rail traction industry. Of the total expected increase of $570 million in 2015 from $390 million in 2009, it occupies almost 65%; this would mainly be possible through an increase in the number of invertors used per locomotive.

Next in line is the electricity T&D which stands to benefit from the strongest CAGR from 2010 to 2015. There may be an increase to the tune of 11.1% which is expected to be realized from HDVC transportation. It is hoped that ABB would contribute to HDVC light architecture by making IGBTs.

The wind turbine converter industry, one of the very few industries which were not affected by the bust of 2009 is another strong player in years to come. A growth of somewhere around 9% has been postulated for the future of wind turbine converters, and may become the second strongest among high voltage power electronics.

Finally the ship and vessels industry, they had a very uneven growth in 2009 due to the slowdown in the sale of private passenger yatches. Their growth was only due to the military vessels. But a revival is expected in 2013 and then a boom from there on to reach $26 million by the year 2015.

Analysis of the market of high voltage power electronics and technology gives us an idea of the performance of various industries using high voltage power for their daily operations in a query to find out the future of the market in the sector. It is seen that high voltage devices have been used in gadgets used commonly as the electric vehicles, cameras, photovoltaic inverters etc. Many companies are aiming towards higher R&D in the sphere of providing a low cost high energy device that may rule the market of tomorrow. Hence, there sure would be an increase in the stock values of these users thereby giving better yields. The continued success of the consumer electronics (CE) industry is highly dependent on the sustained synchronization and improved time-to-market collaboration of its relationship.

Author Bio: The author is an experienced writer for consumer electronic product reviews and shares the Radioblende site. Where you can find out more about consumer electronics like Auto and fascia plate and what it can do for you.

Category: Business
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