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Gate Driver IC Market to Reach $2.04 Bn, Globally, by 2025 at 6.3% CAGR: Allied Market ResearchIncrease in adoption of smart grid & smart home technologies and surge in need for high voltage devices fuel the growth in the global gate driver IC market PORTLAND, Oregon, May 2, 2019 /PRNewswire/ -- Allied Market Research published a report, titled, "Gate Driver IC Market by Transistor Type (MOSFET and IGBT), Semiconductor Material (SIC and GaN), Mode of Attachment (On-chip and Discrete), Isolation Technique (Magnetic isolation, Capacitive isolation, and Optical isolation), and Application (Residential, Industrial, and Commercial): Global Opportunity Analysis and Industry Forecast, 2017–2025." According to the report, the global gate driver IC market is expected to reach $2.04 billion by 2025, from $1.26 billion in 2017, registering a CAGR of 6.3% from 2018 to 2025.  Increase in adoption of smart grid & smart home technologies and surge in need for high voltage devices fuel the growth in the market. However, design complexities of ICs hinder the growth of the market. On the other hand, increase in power transistors for different renewable energy systems and rapid electrifications for automobiles create new pathways in the market. For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2342 MOSFET to maintain its dominating position throughout the forecast period Based on transistor type, MOSFET accounted for nearly two-thirds of the total share, and is expected to maintain its dominating position throughout the forecast period. This is due to its user friendly and low cost nature along with surge in investments in R&D activities. However, IGBT is expected to grow at the fastest CAGR of 8.1% during the forecast period, 2018–2025. This is due to the usage of IGBT in a large number of applications including renewable energy, motor drive, high voltage direct current (HVDC), and consumer electronics. SiC segment to maintain its revenue lead by 2025 Based on semiconductor material, the SiC segment accounted for more than four-fifths of the total share in 2017 and is expected to maintain its revenue leadduring the forecast period. This is due to its energy efficient nature and robust & compact design. However, the GaN segment is expected to grow at the fastest CAGR of 10.4% from 2018 to 2025, owing to its capability to survive high temperature and low manufacturing cost. Download Sample at: https://www.alliedmarketresearch.com/request-sample/2342 Optical isolation segment to maintain its leadership in terms of revenue during the forecast period Based on technique, the optical isolation segment accounted for nearly half of the total market share in 2017 and is expected to maintain its leadership status during the forecast period. This is due to its reduced power consumption, switching specifications enabling usage of small filers, and improved efficiency. However, the capacitive isolation segment is expected to register the fastest CAGR of 8.1% from 2018 to 2025. Frontrunners of the industry Key market players explored in the research include Infineon Technologies, Renesas Electronics, NXP Semiconductors, Toshiba, STMicroelectronics, ROHM Semiconductors, Texas Instrument, ON Semiconductor, Mitsubishi Electric Corporation, and Semtech. They have implemented key strategies including new product expansion, agreements, mergers & acquisitions, geographical expansion, and collaborations to enhance their market presence and gain strong position. Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas. Similar Reports: System-on-Chip Market Predicted to Attain $205.4 Billion by 2023 The global system-on-chip market is driven by the compact nature of SoC, surge in demand for smart and power-efficient electronic devices, and high penetration of IoT. However, high initial cost of design & development and maintenance hamper the market growth. Integrated Quantum Optical Circuits Market to Reach $1,460.2 Million by 2025 The global integrated quantum optical circuits market is expected to witness considerable growth due to the strengthening global economy, adoption of smart devices, and enhanced features such as low propagation loss, broad wavelength coverage, low-temperature dependence, and others. About Us Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact:
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