Gate Driver Trends and Forecast
The future of the global gate driver market looks promising with opportunities in the industrial motor drives, consumer electronics, solar-powered devices, power supplies, and electric vehicles markets. The global gate driver market is expected to reach an estimated $2.9 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are growing need for MOSFET & IGBT gate drivers in industrial applications, rising popularity of ride-hailing apps, and affordability of gate driver services.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Gate Driver by Segment
The study includes a forecast for the global gate driver by product, application, and region
Gate Driver Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Gate Driver ICs
• Intelligent Power Modules
• Plug-and-Play Driver Boards
Gate Driver Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Industrial Motor Drives
• Consumer Electronics
• Solar-Powered Devices
• Power Supplies
• Electric Vehicles
Gate Driver Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Gate Driver Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies gate driver companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the gate driver companies profiled in this report include-
• Infineon Technologies
• Mitsubishi Electric Corporation
• NXP Semiconductors
• On Semiconductors
• Rohm Semiconductors
• Renesas Electronics
• ST Microelectronics
• Semtech Corporation
• Texas Instruments
• Toshiba Corporation
• Dialog Semiconductors
Gate Driver Market Insights
Lucintel forecasts that gate driver ICs is expected to witness highest growth over the forecast period.
Within this market, industrial motor drives will remain the largest segment as these components can control the current flow for two or more motor coils while enabling full control of motor direction and speed.
APAC is expected to witness highest growth over the forecast period due to increasing demand for gate driver services and presence of major semiconductor manufacturers in the region.
Features of the Global Gate Driver Market
Market Size Estimates: Gate driver market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Gate driver market size by product, application, and region in terms of value ($B).
Regional Analysis: Gate driver market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the gate driver market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the gate driver market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the gate driver market size?
Answer: The global gate driver market is expected to reach an estimated $2.9 billion by 2030.
Q.2 What is the growth forecast for gate driver market?
Answer: The global gate driver market is expected to grow with a CAGR of 5.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the gate driver market?
Answer: The major drivers for this market are growing need for MOSFET & IGBT gate drivers in industrial applications, rising popularity of ride-hailing apps, and affordability of gate driver services.
Q4. What are the major segments for gate driver market?
Answer: The future of the gate driver market looks promising with opportunities in the industrial motor drives, consumer electronics, solar-powered devices, power supplies, and electric vehiclesmarkets.
Q5. Who are the key gate driver market companies?
Answer: Some of the key gate driver companies are as follows:
• Infineon Technologies
• Mitsubishi Electric Corporation
• NXP Semiconductors
• ON Semiconductors
• ROHM Semiconductors
• RENESAS Electronics
• ST Microelectronics
• SEMTECH CORPORATION
• TEXAS INSTRUMENTS
• TOSHIBA CORPORATION
• Dialog Semiconductors
Q6. Which gate driver market segment will be the largest in future?
Answer: Lucintel forecasts that gate driver ICs is expected to witness highest growth over the forecast period.
Q7. In gate driver market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increasing demand for gate driver services and presence of major semiconductor manufacturers in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the gate driver market by product (gate driver ICs, intelligent power modules, and plug-and-play driver boards), application (industrial motor drives, consumer electronics, solar-powered devices, power supplies, and electric vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to gate Driver Market, gate Driver Market Size, gate Driver Market Growth, gate Driver Market Analysis, gate Driver Market Report, gate Driver Market Share, gate Driver Market Trends, gate Driver Market Forecast, gate Driver Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to gate back to you soon.