Current Scenario of Power Electronics for Engineers & Entrepreneur

Demand for electrical and electronics engineers in the field of power electronics is steadily on the rise in India. But what is required of them to befit this industry? 

Power electronics deals with the devices that can convert and control the power from source to load in an efficient manner. Power electronic devices are used in order to prevent damage caused by fluctuating current and high voltages. There are different type of power electronics devices used like Power IC, Power Module, and Power Discrete. Power electronics have numerous applications in consumer electronics and Energy & power industry.

Power electronics is a solid-state circuitry device that converts and controls electric power from the source to the load in an efficient and convenient manner. It is used to control the fluctuated power from one device to other power devices such as diodes, transistors, and thyristors. It enables power management to enhance energy conservation in various applications such as industrial systems, consumer electronic, and electric vehicles. In addition, power electronics can control the flow of energy in unidirectional as well as bidirectional manner, depending upon the usage. Currently, it is used in renewable resources and electric vehicles to improve switching speed and prevent power loss.

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Why Power Electronics are Used in Automotive Applications?

In our day-to-day life, we frequently observe heat radiating from car engine after the car has been driven for a certain distance. This is due to power train system of automotive electronics with an engine or internal combustion or motor as one of the subsystem operating with high temperature exceeding 125 degrees Celsius. Application of power electronics with components such as silicon-based power MOSFETs and IGBTs that are used as power electronic switches in the power train system of automotive electrical and electronic systems for reducing the overall size. And also for managing thermal issues in which a high power of kW range is being used for improving fuel efficiency.

Application of Power Electronics

Power electronics applications are extended to various fields such as Aerospace, Automotive electrical and electronic systems, commercial, industrial, residential, telecommunication, transportation, utility systems, etc. In case of automotive electronics, the electrically-generated systems are used in automobiles such as road vehicles like telematics, in-car entertainment systems, carputers, and so on. The need to control engines of automobiles originated in automotive electronics for proper controlling and conversion.

Increase in automation and growing popularity of digital devices is aiding for the high demand for more efficient power electronics devices. Manufacturers of power electronic devices are introducing new devices with advance technology in order to maintain their competitive position in the market. High adoption of electric vehicles and increasing demand for power management devices are expected to drive this market whereas inconsistent performance art high temperatures and high cost of deployment are the major factors that may hinder the growth of this market. 

Comprehensive competitive analyses and profiles of major market players, including Infineon Technologies AG, Mitsubishi Electric Corp., Toshiba Corporation, ABB Group, STMicroelectronics, Fuji Electric Co. Ltd., Rockwell Automation, Inc., Renesas Electronics Corporation, Microsemi Corporation, and Texas Instruments, Inc. are provided in this report. Currently, the players in the power electronics market have adopted growth strategies such as product launch and acquisition. Companies, such as Infineon Technology AG and Mitsubishi Electric Corp., have launched new power modules to expand their customer base and increase their market shares.

Increasing Adoption of Power Electronics in Electric Vehicles

Increasing concerns regarding vehicular emissions and depletion of non-renewable energy resources have enforced government organizations to invest for improving the infrastructure of electric vehicles such as BEV, HEV & PHEV, and EVSE. Power electronics plays a crucial role in electric vehicles to control vehicles at high voltages and enhance efficiency. Currently, the U.S. has the largest consumer base of electric cars, owing to stringent emission rules in the region. In 2015, about 400,000 electric cars were in stock in the U.S.

Government Initiatives to Establish HVDC and Smart Grid

Conventional grid networks have been replaced by smart grids, as they are reliable, provide flexible network topology, have better load adjustment capacity, and enable real-time troubleshooting. Power electronics is used for facilitate ease-of-control at high voltage, as it enables higher frequency with enhanced efficiency. In addition, it is a type of solid-state electronics, which can control and convert electric power with optimized power loss; hence, it is used in smart grids.

Reference: https://www.theinsightpartners.com/reports/power-electronics-market

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