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The high price of oil in the past few years has been a catalyst for development in other alternative energy sources. Semiconductor technology surrounding the alternative energy markets includes advanced IGBT design, optoelectronics, advanced power conversion ICs, digital signal processing, MCUs, and advanced mixed signal and analog circuits.
This report discussed the potential for these products to be the next killer green application.
The market for semiconductors for solar and wind grew 25.4% in 2012, reaching revenues of $1.4 billion. Revenues from these two alternative energy technologies grew
another 26.5% in 2013.
Renewable, alternative energy technologies continue to grab the attention of private industries and world governments. Semiconductors are used in these technologies to
convert the energy or power to something functional, such as converting solar energy into electricity.
Semiconductors used in products such as inverters, include MOSFETs, IGBTs, SiC, microcontrollers, DSPs, and discretes. The overall global market for PV inverters more
than doubled in 2010, driven by main European markets. While the top 10 inverter suppliers were European, IC manufacturers of these devices have a more global presence.
Alternative energy technologies analyzed in the report are:
- Fuel Cells
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Use this report to: - Gain insight into the market dynamics of advanced battery and fuel cell technologies in terms of market value, number of units shipped and types of materials used. - Identify leading ...
This report analyzes the worldwide markets for Solid Oxide Fuel Cells (SOFCs) in US$ Thousand. The Global market is further analyzed by the following Applications: Remote Power & Auxiliary Power Units, ...
According to Stratistics MRC, the Global Solid Oxide Fuel Cell Market is valued at $2.6 billion in 2015 and is expected to reach $4.9 billion by 2022 growing at a CAGR of 9.4% from 2015 to 2022. A Solid ...