Global MOSFET Gate Driver IC Market

MOSFET gate driver IC market Overview

The MOSFET gate driver IC market is estimated to reach USD 2.31 Billion by 2030, growing at a CAGR of 6.35% during the forecast period, 2022-2030. It was valued at USD 1.6 Billion in 2022. Increased deliveries in several applications like residential, industrial and commercial and awareness programs organized by the government to increase the demand for MOSFET gate driver IC across the globe positively impacts the MOSFET gate driver IC market growth. Moreover, an inclination toward renewable energy sources such as wind power, tidal, solar and other renewable energy sources has expanded in recent years. Additionally, factors such as a surge in adoption of smart homes & smart grid technologies, rapid electrification of automobiles, and expansion of application industry verticals are anticipated to drive the global growth for the MOSFET gate driver IC market.

What is the MOSFET gate driver IC?

MOSFET gate driver IC is a power amplifier used to drive the gate driver of power MOSFETs and produces a high-current drive input of a high-power transistor.  They are available either on-chip or as a discrete module and consist of a level shifter with an amplifier. MOSFET gate driver IC is used in various applications such as industrial motor drives, UPS, home appliances, high voltage lighting and others.

Growth Driver

A surge in the adoption of smartphones and smart grid technology

Demographic changes implement urban cities to advance their infrastructure. It aims to ensure impeccable integration of stable grids and renewable energies, this maintaining quality of life for people living in urban communities. Furthermore, increase in urbanization, technological advancements in electronic systems due to improved technology optimization, and innovation of new home appliances and other electronic technology. Especially the in-house security infrastructure such as smart plugs, automated door locks, and lightning intended to interact with consumers through the internet and rising adoption of smart home and smart grid technology drive the market for MOSFET gate driver IC. However, the design complexity of gate driver IC and decreasing size of devices are the major factors restraining the growth of the global MOSFET gate driver IC market.

Pre Covid-19 impact

Factors such as the surge in adoption of smart homes & smart grid technologies, and rapid electrification of automobiles stimulate the MOSFET gate driver IC market growth. Additionally, the preference for renewable energy sources such as wind power, tidal, solar and other renewable energy sources had further created several opportunities for MOSFET gate driver IC in the Pre-covid era.

Covid-19 impact

COVID-19 is a global public health disease that has brought serious social, medical and economic challenges in every industry. The spread of COVID-19 is generating an enormous disruption in the everyday activities of people. As coronavirus crises took over the world and led to curfews and lockdown, which impacted many businesses worldwide, countries across the globe are trying to prevent further contagion by adopting various measures such as social distancing, testing, etc. quarantine. The lockdown situation in multiple countries has directly or indirectly impacted many industries leading to a shift in supply chain operations.

Post Covid-19 impact

The COVID-19 pandemic directly affected the production and demand for gate driver IC. The outbreak of COVID-19 resulted in a decrease for MOSFET gate driver IC across several sectors. This creates many opportunities for new and small-scale players to mark their presence in the regional market and offer low-cost prices and high-quality products to the end-users. Therefore, with the outbreak of the COVID-19, the market will grow at a low rate for MOSFET gate driver IC across the globe, which has negatively impacted the MOSFET gate driver IC market value in 2020 and subsequent years.

Application Segmental Analysis

The MOSFET gate driver IC market is segregated into residential, industrial, and commercial based on the application. The industrial segment is estimated to have the highest market share in the application segment for the MOSFET gate driver IC market due to increased deliveries in several applications, especially in the industrial sector.

Semiconductor Material Segmental Analysis

Based on the semiconductor material, the MOSFET gate driver IC market is categorized into SiC and GaN. The SiC segment held a significant market share in 2021 in the MOSFET gate driver IC market owing to high thermal conductivity, resistance to a chemical reaction, and high-temperature strength. However, GaN is expected to grow and will gain maximum market revenue by 2030. This is due to its ability to offer improved performance across an extensive range of applications.

Mode of Attachment Segmental Analysis

Based on the mode of attachment, the MOSFET gate driver IC market is classified into on-chip and discrete. The on-chip segment is projected to account for the largest market share of the MOSFET gate driver IC market due to the low cost of these chips and better performance. They also use much less material than discrete.

Region Segmental Analysis

The MOSFET gate driver IC market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is estimated to project considerable growth over 2022-2030 due to the increasing demand for high voltage operating devices and leading gate driver IC manufacturers in the region. The Asia Pacific region will be having a prominent share in the MOSFET gate driver IC market due to the region’s expansion of application industry verticals like automotive and electronics.

Competitor Analysis

Mitsubishi Electric Corporation, Renesas Electronics, Infineon Technologies, Inc., Toshiba Corp, ON Semiconductor, Texas Instruments Incorporated, NXP Semiconductors, Dialog Semiconductor PLC, Maxim Integrated, and STMicroelectronics are the key players in the MOSFET gate driver IC market.

Key Stakeholders

• Market research and consulting firms
• Industry associations
• Research organizations and consulting companies
• Gate driver IC manufacturers
• Gate driver IC suppliers
• Regulatory bodies

Recent Developments

On May 6, 2021, Power Integrations, a semiconductor makers unit based in the U.S., introduced a new SCALE-2 gate driver for 130mm x 140mm single IGBT high-power (IHM) modules commonly deployed in the railway industry. SCALE-2 gate drivers cover the IGBT via active clamping circuitry, allowing designers to increase active switching performance, precision, and functionality.

Scope of the Report

Report Attribute	Details
Market Size Value in 2020	USD 1.6 Billion
The revenue forecast in 2027	USD 2.31 Billion
Growth Rate	CAGR of 6.35%
Historical data	2017-2019
Forecast period	CAGR of % during the forecast period, 2021-2027
Region covered	America, Europe, Asia-Pacific, South America, and Middle East & Africa
Key companies Profiled	Mitsubishi Electric Corporation, Renesas Electronics, Infineon Technologies, Inc., Toshiba Corp, ON Semiconductor, Texas Instruments Incorporated, NXP Semiconductors, Dialog Semiconductor PLC, Maxim Integrated, and STMicroelectronics

Market Modelling

By Application

• Residential
• Industrial
• Commercial

By Semiconductor Material

• SiC
• GaN

By Mode of Attachment

• On-chip
• Discrete

By Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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