Page 44 - PEN Ebook March 2021
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Market MARKET
facturer; this data really helps to improve your offers from a myriad of suppliers and continue
position and the position of your company. If you developing products with a healthy life cycle, you
consolidate more than 3,000 suppliers on an will utilize the power of the E-commerce mar-
E-commerce marketplace, you immediately have ketplace. It truly will transform the way OCMs
an impression and oversight of global inventory, and OEMs will do business in the next decade to
pricing and trends that will have immediate im- come.
pact on the industry.
The coronavirus pandemic has wreaked untold
What’s even better is that the more people use havoc upon our lives, both personal and profes-
the marketplace, the more this data grows, im- sional. For the semiconductor industry, it re-
proves and becomes even more detailed and vealed how tenuous the global supply chain really
reliable. Users will be able to see and track how is and how even one break in that chain can lead
inventory levels are developing around the globe, to drastic consequences. What will happen when
the price trends that are causing dips or surges in the next world-shaking and defining moment
the component market and possible disruptions comes? For us in the semiconductor industry,
that will develop in one’s own supply chain as a if we utilize the power of digitalization now and
consequence of world events. Better yet, this mar- the unfathomed market intelligence afforded by
ketplace and its wide array of suppliers will lend E-commerce marketplaces, we will not have to
way to developing new supply chain routes when worry about the answer to that question. Our
the next, inevitable market disruption occurs. supply chains will only become strengthened, Power devices market
broadened and diversified through the power of
Our customers have told us that integration will the E-commerce marketplace and the big data it evolution and related
be a crucial part of any digital development and provides. Do not wait. Take part in the transfor-
transformation in our industry. This means that mation today. technical developments
if you want to avoid shortages, research the best
By Elena Barbarini, PhD., Semiconductor Devices Department Director, System
Plus Consulting and Ana Villamor, PhD., Technology & Market Analyst, Power
Electronics, Yole Développement (Yole)
Nowadays, we are living in an era driven by be developed to transport the electricity. Energy
electrification and automatization, with a spe- consumption will decrease by using more effi-
cial focus on reducing pollution and increasing cient converters. The use of different technolo-
efficiencies, and the power electronics mar- gies or packaging materials will also contribute to
For More Information
ket is evolving to achieve these goals. High CO a cleaner environment.
2
emissions need to decrease to achieve a cleaner
environment, and a significant part of this re- The global power electronics market is worth
▶ What’s next for Power Electronics 2021 – Power Management and Smart Energy
duction can be reached by vehicle electrification. $17.5 billion and will grow with a 4.3% Compound
The major countries in the world have already Annual Growth Rate (CAGR) from 2019-2025 .
▶ Transforming the semiconductor market post-COVID using digital tools and big
committed to reach carbon-neutrality by 2050, Within this market, we can differentiate two dif-
data to break barriers even though to reach this goal, more clean ener- ferent major driving components: discretes and
gy sources are needed, and infrastructure has to modules.
44 MARCH 2021 | www.powerelectronicsnews.com MARCH 2021 | www.powerelectronicsnews.com 45
