Global power demand is projected to cross over 700 quadrillion BTUs by 2030 and industries are going to be major consumers with over 35% of the energy production. While the global economies focus on increasing power output from renewables for a sustainable world, the need for efficient power management is of utmost importance.
Under the “Sustainable Development Goals” of the United Nations, increasing energy efficiency is one such initiative that estimates spending on energy efficiency will cross over $ 6.2 Tn. by 2030 and $ 16.7 Tn. by 2040. Power suppliers are key drivers of energy-efficient systems and are projected to grow at a CAGR rate of 4.7% from a $35.1 Bn. in 2020. These power suppliers are undergoing a technology transformation for adding smartness and increasing efficiency.
Smart Power for Industries
The industrial segments are recently influenced by the Internet of Things (IoT). The smart factory is loaded with processors and connectivity interfaces related to monitoring and control functions that enable the production process. The data is collected from dozens or hundreds of sensors and communicated to the computers for analyzing and monitoring, such requirements will consume higher power, temperature, and space. There arises the need for efficient power management systems to optimize the growing consumption of energy by industries.
The integration of sensors and programmable hardware, powered by artificial intelligence enables intelligent power electronics devices to balance energy transmission as required. These systems also help in analyzing the consumption of the equipment it powers. These power electronics are designed to receive the command from a single board computer (SBC) and transmit it to the microcontroller that in turn drives the applications such as electric motor or actuator remotely.
Future Power Technology
The industrial sector is the major consumer of energy (>35%), will pioneer their evolution from conventional to a smart factory. It’s being projected that by 2030, power electronic devices will be used for up to 80% of the electricity produced. Presently, approximately 30% of the total power is either generated or consumed using power electronics interfaces.
The use of superior materials in the power electronics will allow devices to operate at high speeds, voltage, and temperature. Silicon carbide (SiC) and gallium nitride (GaN) are two major wide band gap (WBG) materials that enhance the efficiency of power electronics considerably. GaN is expected to play an important role in radio frequency and power applications in the near future.
Backed by 40 Years of Expertise
We contribute our 40 years of design and manufacturing expertise spanning multiple diverse markets, and we look forward to discussing how we can deliver world-class products for OEMs across the globe. Syrma has always stayed as a thought leader in the space of innovation and has shown its expertise in the design and manufacturing of smart power electronic devices for industrial and consumer segments. We also have decades of expertise in manufacturing custom magnetic components like transformers, inductors, and chokes for power electronics.
Our flagship Chennai location opened in 2006 and lies within a special economic zone (SEZ) for electronics manufacturing, offering economic incentives for imports and exports. This primary facility is within 90 minutes of the Chennai seaport and 20 minutes to the international airport, with additional road and rail, connectivity linking to the rest of India and beyond, as well as infrastructure advantages with faster import and export clearances.
Our manufacturing plant that’s located in Bawal, Haryana is dedicated to “Make in India” initiatives with the latest machines facilitating EMS and box builds. We have labor force availability, both technical and manual, to rapidly scale to client demand. We foster growth opportunities within India through our strong technology incubation ecosystem. We assist global OEMs seeking to enter the Indian market by leveraging the local supply chain and favorable operating environments for cost reductions.
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