LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the global voltage regulator market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
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The top three emerging market trends driving the global voltage regulator market according to Technavio research analysts are:
- Change in wafer size
- Advent of advanced consumer electronic devices
- Automation in automobiles
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Change in wafer size
Wafer size in the semiconductor industry has been on the rise for over 40 years. For instance, GaAs wafers have grown from 50 mm to 150 mm, as they reduce manufacturing costs by almost 25%. The industry is now prevailing at 150 mm for wafer manufacturing. This is expected to stay till the latter stages of the forecast period as significant investments have been undertaken by semiconductor device manufacturers such as ON Semiconductor for upgrading and constructing new fabs.
The industry currently is developing 200 mm wafer technology, with pilot production expected toward the end of 2019. Stanford researchers are undertaking R&D to make the production process of 200 mm (8 inch) gallium arsenide (GaAs) wafers less expensive. This will allow these wafers to directly compete with Si wafers that are available at a much lower price in the market.
Advent of advanced consumer electronic devices
Consumer electronics have undergone significant transformations in recent times. The market has been flooded with many user-friendly electronics such as smartphones replacing feature phones, laptops attracting PC customers, smart TVs offering significant competition to cathode ray tube (CRT) TVs, coffee makers, and washing machines becoming fully automated. Wearables devices too are the result of R&D focused on consumer needs. As of 2016, wearable tech, which includes smartwatches, fitness trackers, and smart fabrics, became a trend.
“Manufacturers are focusing on developing the IoT ecosystem for controlling appliances and devices using apps installed in smartphones. These applications are supported by high-speed internet. Voltage regulators ensure efficient power management for the effective performance of consumer gadgets, without wasting energy and subsequently monitoring the health of the devices,” says Chetan Mohan, a lead analyst at Technavio for embedded systems research.
IoT devices collect data using sensors and actuators, transmitting the data to a central location on a real-time basis, thus empowering the user to take informed decisions. This is increasing the adoption of IoT in several market segments, such as consumer electronics, automotive, and medical.
Automation in automobiles
Automobiles are undergoing a massive digital makeover. Leading manufacturers such as Audi, Toyota, and Mercedes have invested significant resources dedicated to the R&D of automobile automation. The semiconductor content plays a key role in the automation of automobiles especially in networked communication and driving automation. Next-generation automobiles will include speech recognition, video and image compatibilities, and use of ICs in LED front lighting to provide an optimal driving experience.
“Semiconductor content is required to constantly provide accurate information to the inbuilt artificial intelligence to drive optimally. Voltage regulators ensure optimal power supply to all the electronic components of the vehicle, thereby ensuring 100% functionality,” says Chetan.
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