Dallas, Texas (PRWEB) April 16, 2014
The declining ASP of NAND flash is a major trend emerging in the Global NAND Flash market. Some of the major reasons for this are low raw material and manufacturing costs and increasing R&D spending by manufacturers. The declining ASP of NAND flash is likely to increase its adoption by end-user segments. It is also likely to facilitate smartphone, SSD, computing device, consumer electronics device, and tablet PC manufacturers to expand their target market. In addition, the reducing ASP is most likely to increase the number of applications for NAND flash, thereby contributing to the growth of this market during the forecast period.
Analysts forecast the Global IGBT-based Power Module market to grow at a CAGR of 12.32 percent over the period 2013-2018. According to the report, the growth of the Global NAND Flash market is driven by several factors, of which an increase in the sales of smartphones and tablet PCs is one of the major drivers. For instance, smartphone vendors such as Nokia and Samsung are increasingly integrating NAND flash chips in their latest models. Therefore, the growing sale of smartphones integrated with high densities of NAND flash is boosting the growth of the Global NAND Flash market.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global IGBT-based Power Module market for the period 2013-2018. To calculate the market size, it considers revenue generated from the IGBT modules in applications from the following segments:
The Global IGBT-based Power Module market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global IGBT-based Power Module market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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