Insulated-Gate Bipolar Transistor (IGBT) Market
Global Insulated-Gate Bipolar Transistor (IGBT) Market Size, Share & Trends Analysis Report by Type (Discrete IGBT and Modular IGBT), by Application (Inverter & UPS, Electric Vehicle, Renewables, Consumer Electronics, Industrial, and Others), and Forecast 2019-2025
The insulated-gate bipolar transistor (IGBT) market is anticipated to grow at a CAGR of more than 8.0% during the forecast period. IGBT is a type of semiconductor which is utilized as an electronic switch device. It is also called as minority carrier device which aids faster switching rate and provides greater efficiency and is a cost-effective solution to replace Metal Oxide Semiconductor Field Effect Transistor (MOSFET) that is compatible with larger voltage and current. IGBT is extensively used in consumer electronics, electric vehicle and industrial systems due to factors such as high-speed switching rate and optimized power loss and to improve power management by increasing energy conservation owing to this, the IGBT market is significantly growing.
Further, application in renewable energy sources and the electric vehicle industry is also fueling the market growth. electric vehicles use power control modules to turn energy from fuel cells and batteries to alternating current to drive the engine. Hence, the growing demand for electric vehicles is driving the market. The chances of current leakage at high temperature is the restraining factor of market growth. However, proactive government initiatives to develop high voltage direct current and smart grid utilizing IGBT for power conservation offer lucrative opportunities for the IGBT market in the near future.
Segmental Outlook
The global insulated-gate bipolar transistor market is segmented on the basis of type and application. Based on type, the market is sub-segmented into discrete IGBT and modular IGBT. Based on application, the market is sub-segmented into industrial, renewables, inverter & UPS, electric vehicles, consumer electronics and others.
The electric vehicle will be the largest segment by Application
The electric vehicle segment is expected to hold a significant market share during the forecast period. The rising demand for IGBT modules in electric vehicles attributing to their ability to aids smooth operations of electric vehicles at a steady rate. The electric car uses the IGBT module as they require a higher level of reliability. The reliability of IGBT modules as compared to other systems is the factor propelling the growth of the insulated-gate bipolar transistor market.
Regional Outlooks
The IGBT market is further segmented based on geography including North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is expected to hold a considerable market share due to rising awareness and implementation of renewable resources. It is a low power consuming component that is largely used in energy savings in the Asia-Pacific region. The market in the Asia-Pacific region is expected to grow at a significant growth rate in the IGBT market during the forecast period owing to a huge market of electric vehicles. Additionally, China is the fastest-growing country in terms of adopting EV and has witnessed around 80% market growth. Japan and India also hold a rising demand for energy-saving resources.
Global Insulated-Gate Bipolar Transistor (IGBT) Market Growth, by Region 2019-2025
Market Players Outlook
The key players of the IGBT market include ABB Group, Dynex Semiconductor Ltd., Fuji Electric Co. Ltd, Hitachi Ltd, Infineon Technologies AG, IXYS Corp., NXP Semiconductors N.V., ON Semiconductor Corp., Renesas Electronics Corp., ROHM Co. Ltd., Semikron International GmbH, STMicroelectronics N.V., Toshiba Corp. and Vishay Inter technology, Inc.The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global IGBT market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Renesas Electronics Corp.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Fuji Electric Co. Ltd
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Infineon Technologies AG
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Mitsubishi Electric Corp.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. SEMIKRON International GmbH
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Global IGBT Market by Type
5.1.1. Discrete IGBT
5.1.2. Modular IGBT
5.2. Global IGBT Market by Application
5.2.1. Inverter & UPS
5.2.2. Electric Vehicle
5.2.3. Consumer Electronics
5.2.4. Renewables
5.2.5. Industrial
5.2.6. Others
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. ABB, Ltd.
7.2. Dynex Semiconductor, Ltd.
7.3. Fuji Electric Co. Ltd
7.4. Hitachi Ltd
7.5. Infineon Technologies AG
7.6. Littelfuse, Inc.
7.7. Mitsubishi Electric Corp.
7.8. NXP Semiconductors N.V.
7.9. ON Semiconductor Corp.
7.10. Renesas Electronics Corp.
7.11. ROHM Co. Ltd.
7.12. Semiconductor Components Industries, LLC
7.13. SEMIKRON International GmbH
7.14. STMicroelectronics N.V.
7.15. Toshiba Corp.
7.16. Vishay Inter technology, Inc.
1. GLOBAL IGBT MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. GLOBAL DISCRETE IGBT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL IGBT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2018-2025 ($ MILLION)
4. GLOBAL INDUSTRIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL INVERTER & UPS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL ELECTRIC VEHICLE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL CONSUMER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL RENEWABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. NORTH AMERICAN IGBT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
11. NORTH AMERICAN IGBT MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
12. NORTH AMERICAN IGBT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
13. EUROPEAN IGBT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
14. EUROPEAN IGBT MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
15. EUROPEAN IGBT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
16. ASIA-PACIFIC IGBT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
17. ASIA-PACIFIC IGBT MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
18. ASIA-PACIFIC IGBT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
19. REST OF THE WORLD IGBT MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
20. REST OF THE WORLD IGBT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
1. GLOBAL IGBT MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. GLOBAL IGBT MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
3. GLOBAL IGBT MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
4. THE US IGBT MARKET SIZE, 2018-2025 ($ MILLION)
5. CANADA IGBT MARKET SIZE, 2018-2025 ($ MILLION)
6. UK IGBT MARKET SIZE, 2018-2025 ($ MILLION)
7. FRANCE IGBT MARKET SIZE, 2018-2025 ($ MILLION)
8. GERMANY IGBT MARKET SIZE, 2018-2025 ($ MILLION)
9. ITALY IGBT MARKET SIZE, 2018-2025 ($ MILLION)
10. SPAIN IGBT MARKET SIZE, 2018-2025 ($ MILLION)
11. ROE IGBTMARKET SIZE, 2018-2025 ($ MILLION)
12. INDIA IGBT MARKET SIZE, 2018-2025 ($ MILLION)
13. CHINA IGBT MARKET SIZE, 2018-2025 ($ MILLION)
14. JAPAN IGBT MARKET SIZE, 2018-2025 ($ MILLION)
15. REST OF ASIA-PACIFIC IGBT MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF THE WORLD IGBT MARKET SIZE, 2018-2025 ($ MILLION)
