EV/HEV is driving power electronics innovations
“The EV/HEV race has begun”, affirms Milan Rosina, PhD Principal Analyst, Power & Wireless and Batteries at Yole Développement (Yole). “The Transition period towards full vehicle electrification is entering into its next phase, with important vehicle electrification strategic plans announced by conventional automotive players and focus on stronger vehicle electrification”.
And Hong Lin, PhD Principal Analyst, Compound Semiconductor at Yole adds:“Indeed market figures look promising. In 2018, 1.32 million BEV were purchased, along with 0.75 million PHEV – compared to 0.78 million units and 0.41 million units in 2017, respectively. This equates to year-over-year growth of 68% and 84%, respectively. Moreover, sales of other hybrid cars have also increased”.
“The EV/HEV race has begun”, affirms Milan Rosina, PhD Principal Analyst, Power & Wireless and Batteries at Yole Développement (Yole). “The Transition period towards full vehicle electrification is entering into its next phase, with important vehicle electrification strategic plans announced by conventional automotive players and focus on stronger vehicle electrification”.
And Hong Lin, PhD Principal Analyst, Compound Semiconductor at Yole adds:“Indeed market figures look promising. In 2018, 1.32 million BEV were purchased, along with 0.75 million PHEV – compared to 0.78 million units and 0.41 million units in 2017, respectively. This equates to year-over-year growth of 68% and 84%, respectively. Moreover, sales of other hybrid cars have also increased”.
Under this dynamic ecosystem, the power electronics sector is pushing to adapt and propose innovative products. Objectives are clearly to answer to the specific needs coming from EV/HEV makers and make sure, for the power electronics companies, to be part of this attractive growth. They are so working on the miniaturization of the components, circuits and system design and are developing new solutions to integrate several systems in one system (e-axle, integration of DC-DC converter with a battery, etc.). Yole’s power electronic analysts release the Power Electronics for Electric & Hybrid Electric Vehicles report.This technology & market analysis marks another step forward in the understanding of the EV/HEV adoption and its impact on the power electronics industry. Analysts are daily developing an impressive expertise dedicated to these sectors. By combining market and technical knowledge with numerous interactions with car makers and technology developers, Yole proposes today a detailed vision of the EV/HEV industry evolution. This report explores EV/HEV market dynamics and explains how different power electronics market segments evolve… More info.
Yole presents today its vision of the machine vision for industry and automation.
As analyzed by Yole’s team in the new Machine Vision for Industry and Automation 2021 report, Yole estimates that CIS now account for over 86% of the industrial camera market. The development of other imaging modalities such as 3D technology and multi-spectral imaging in industrial cameras promotes diversification in the application of machine vision in the industry, the penetration of new technologies will therefore increase further. In a virtuous circle scenario, the applications for machine vision products are becoming more extensive. This behind-the-scenes technology further promotes the overall development of consumer electronics manufacturing, automotive manufacturing and other manufacturing industries, while improving manufacturing accuracy, meaning that the demand for machine vision technology will continue to increase. Each country and region’s upgrading of industry, including Industry 4.0, will greatly accelerate the development of automation and promote the development of machine vision.
The COVID-19 pandemic accelerated e-commerce dominance which heavily rely on logistic automation.
According to Pierre Cambou, Principal Analyst in the Photonics and Sensing Division at Yole: “Furthermore, in the context of robotization of industrial and logistic processes vision guided robots also have a card to play. Be the inspection, counting, positioning, or picking for example, a rising impulse for their adoption leads the robotic industry and the subsequent machine vision market to even further heights”.
Autonomous vehicles are capable of sensing their environment and operating without human involvement. And that’s not just passenger cars, but other autonomous vehicles, such as logistics trucks, and all kinds of autonomous moving tools that require multiple vision cameras to recognize surrounding objects. These products are driven by machines instead of human beings, which will be revolutionary and will further develop the market for machine vision. Yole estimates that the cameras in this area will become a significant segment reaching US$211 million in 2026 with a CAGR of 43%.