Information Technology & Telecommunication / Insulated Gate Bipolar Transistor (IGBT) Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Infineon Technologies, NXP Semiconductors (NasdaqGS: NXPI), Vishay Intertechnology (NYSE: VSH)
Insulated Gate Bipolar Transistor (IGBT) Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Infineon Technologies, NXP Semiconductors (NasdaqGS: NXPI), Vishay Intertechnology (NYSE: VSH)
Over the next five years the Insulated Gate Bipolar Transistor (IGBT)market will register an 9.8% CAGR in terms of revenue, the global market size will reach USD 11.24 billion by 2027.
The global market for insulated-gate bipolar transistors (IGBTs) is now experiencing strong growth in demand as more people become aware of the benefits of non-toxic emissions regulations and the deteriorating state of petroleum-based energy sources. In addition to increased awareness, the government is taking numerous steps to advance the smart grid and HVDC for expanding infrastructure, which is another factor supporting the expansion of the global IGBT market.
Some issues with IGBTs (Insulated Gate Bipolar Transistors) include failure mechanisms, wearing out, overstress, high turn-off times, and hindering. These issues are limiting the growth of the global Insulated-Gate Bipolar Transistors (IGBTs) Market. Additionally, the high cost of production for these Insulated Gate Bipolar Transistors directly affects their selling price, making them expensive for many organisations in underdeveloped nations.
These Insulated Gate Bipolar Transistors have become more and more common in electric automobiles in recent years. Increasing EV sales are anticipated to drive market expansion throughout the forecast period. Additionally, prominent market participants in the Insulated-Gate Bipolar Transistors (IGBTs) market are spending in R&D to improve the capacity, address flaws, and lower production costs of IGBTs. These R&D activities will result in significant growth prospects for the global IGBT market.
Who are the Major Players in Insulated Gate Bipolar Transistor (IGBT) Market?
The Insulated Gate Bipolar Transistor (IGBT) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market Infineon Technologies, Toshiba Corporation, Fairchild Semiconductor International, STMicroelectronics, Fujitsu, NXP Semiconductors, ROHM, Vishay Intertechnology, Fuji Electric, Renesas Electronics Corporation and others.
Industry News:
Infineon expands Prime Switch family with ultra-reliable Press Pack IGBT for transmission and distribution applications and medium voltage drives
16 May, 2022 – Infineon Technologies Bipolar GmbH & Co. KG expands the high-power Prime Switch family with the new Press Pack IGBT (PPI) with internal freewheeling diodes (FWD) in Ceramic Disc Housings. This PPI is specifically designed for transmission and distribution applications and is ideal for high current Modular Multilevel Converter (MMC), medium voltage drives, DC breakers, wind turbine converters and traction systems.
Insulated Gate Bipolar Transistor (IGBT) Market provides details by vendors, including company total revenue (financials), company overview, market potential, global presence, his business report briefly talks about market performance of each business sector covering growth factors and sales volume. this analysis provides the This Insulated Gate Bipolar Transistor (IGBT) Market analysis report provides recent trends, granular level data covering market size and share. It provides all the recent updates about CORONA virus and its impact on world economy and human health. By getting this data, key players can obtain profit making and right business opportunities for future growth. Its further guides to increase the product demand and business expansion.
What are the major Applications, Types and Regions for Insulated Gate Bipolar Transistor (IGBT) Market?
The Asia-Pacific region currently holds the largest market share in the global IGBT market and is expected to continue to dominate the market for the duration of the projection. China is attributed with driving the growth of the IGBT industry in this region because it is one of the world's top markets for electric vehicles and the largest producer of both IGBTs and electric vehicles.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Insulated Gate Bipolar Transistor (IGBT) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Insulated Gate Bipolar Transistor (IGBT) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Insulated Gate Bipolar Transistor (IGBT) Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 9.8% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Insulated Gate Bipolar Transistor (IGBT) Report
Evaluate Insulated Gate Bipolar Transistor (IGBT) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Insulated Gate Bipolar Transistor (IGBT) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Insulated Gate Bipolar Transistor (IGBT) Market is studied from 2017 - 2027.
What is the growth rate of Insulated Gate Bipolar Transistor (IGBT) Market?
The Insulated Gate Bipolar Transistor (IGBT) Market is growing at a CAGR of 9.8% over the next 5 years.
Who are the key players in Insulated Gate Bipolar Transistor (IGBT) Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
