According to the latest research report of China Securities Co.Ltd(601066) securities, the overall supply and demand of the industry is still in a tight balance. The internal supply structure of the industry began to adjust. It is expected that the price of consumer related power chips will fall due to the gradual recovery of supply. Driven by the demand for new energy vehicles and clean energy such as photovoltaic and wind power, the medium and high voltage power devices represented by IGBT will benefit the most from this new cycle of power semiconductors. It is expected that the market scale of China’s vehicle regulation IGBT / SiC module will reach about 30 billion yuan in 2025. If considering the incremental demand of about 10 billion yuan brought by photovoltaic inverter and the stock demand in the industrial field, It is estimated that the market scale of medium and high voltage power semiconductors represented by IGBT in China will increase to about 60 billion yuan in 2025.
(source: interface News)
