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POWER ELECTRONICS TRENDS What were 2022’s key power electronics industry trends and events?
Power electronics devices are found across multiple industries – some of which have seen disruptive or even traumatic changes during 2022. This article looks at what has been happening, and how the chip manufacturers have been responding.
The power electronics industry is a dynamic arena which is constantly being modified by numerous trends and events - a situation which is as true in 2022 as in any other year. And these change factors can be widely disparate, as power electronic devices and systems are found across the entire electricity supply chain, from the generating station, across the grid, and to the items that consume the electricity. All very different environments, and subject to different influences.
Such change factors range from a shift in demand caused by political or economic events, to suppliers introducing new technologies that create better opportunities in the marketplace. Yet supply and demand cannot be neatly compartmentalized. For example, a green-driven growth in demand for EVs will stimulate suppliers to innovate new technology – yet, equally, the appearance of innovative products such as lower-cost or higher-capacity batteries will accelerate demand.