The global IGBT market is expected to grow at a CAGR of around 8.4% from 2020 to 2027 and projected to reach the market value of around US$ 10,303.3 Mn by 2027.
The IGBT or insulated-gate bipolar transistor is a three-terminal power semiconductor device that provides a steady supply of electricity to reduces the congestion in power supply, which leads to optimized power utilization. It’s a unidirectional device that can only switch on in the forward direction. IGBT is widely used in high voltage applications that require lower conduction losses. IGBT can also activate or modifies energy in several modern appliances that are well-equipped with switching amplifiers, including cookers, microwaves, electric cars, trains, variable-frequency drives (VFDs), variable speed refrigerators, air conditioners, lamp ballasts, municipal power transmission systems, and stereo systems.
Market Dynamics
The rapidly increasing demand for electric vehicles owing to the carbon emission regulation is driving the market value. Electric cars and hybrid vehicles use IGBT modules are supporting the market value. It’s a cost-effective solution to replace Metal Oxide Semiconductor Field-Effect Transistor (MOSFET), which is further supporting the market value. However, current leakage at high temperature is projected to hinder the market growth over the forecast period.
On the flip side, government initiatives to establish High Voltage Direct Current (HVDC) and smart grid utilizing IGBT for power conversation are projected to create potential opportunities over the estimated timeframe from 2020 to 2027.
Modular IGBT segment dominated the market with major share
By type, the modular IGBT segment accounted for the major share in 2019. The segment was particularly gaining growth on account of enhanced efficiency and ease-of-control at high voltages. EV/HEV uses IGBT modules, which is another important factor supporting the market value.
High-Power segment accounted for the major share 2019
By power rating, the high-power segment having the potential share in the global market. The segment is also projected to maintain its dominance over the estimated period from 2020 to 2027. IGBT has applications across various high voltage application including switch-mode power supplies (SMPS), motor drive inverters, solar inverters, uninterruptible power supplies (UPS), and welding among others. IGBT facilitates ease-of-control at high voltage and enables higher frequency with enhanced efficiency is another factor supporting the segmental market value.
The market research study on “IGBT Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027”, offers a detailed insight into the global IGBT market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights into the global IGBT market, its type, power rating, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global IGBT market size and volume, and segment markets by type, power rating, application, and geography along with the information on companies operating in the market. The IGBT market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
Asia Pacific is likely to register fastest growth over the forecast period
Asia Pacific region is expected to witness the fastest growth during the forecast period. The favorable government initiatives for energy and power application in developing economies of the region are supporting the growth. The rapidly increasing demand for electric vehicles coupled with the increasing production of EV in the region is further supporting the market value. The major economies of the region including China and India are supporting the market value.
The players profiled in the report include ABB Ltd., Danfoss Group, Fuji Electric Co., Ltd., Hitachi, Ltd., Inneon Technologies AG, Littelfuse, Inc. (IXYS)., Mitsubishi Electric Corporation, Rohm Co., Ltd., Starpower, and Toshiba Corporation. The major players are continuously involved in R&D activities for more advance solutions.
Market Segmentation
Market By Type
- Discrete IGBT
- Modular IGBT
Market By Power Rating
- High- Power
- Medium- Power
- Low- Power
Market By Application
- Energy and Power
- Consumer Electronics
- Automotive
- Travel and Transportation
- Others
Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of IGBT
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. IGBT Market By Type
1.2.2.1. Global IGBT Market Revenue and Growth Rate Comparison By Type(2016-2027)
1.2.2.2. Global IGBT Market Revenue Share By Type in 2019
1.2.2.3. Discrete IGBT
1.2.2.4. Modular IGBT
1.2.3. IGBT Market By Power Rating
1.2.3.1. Global IGBT Market Revenue and Growth Rate Comparison By Power Rating (2016-2027)
1.2.3.2. Global IGBT Market Revenue Share By Power Rating in 2019
1.2.3.2.1. High- Power
1.2.3.2.2. Medium- Power
1.2.3.2.3. Low- Power
1.2.4. IGBT Market By Application
1.2.4.1. Global IGBT Market Revenue and Growth Rate Comparison By Application(2016-2027)
1.2.4.2. Global IGBT Market Revenue Share By Application in 2019
1.2.4.2.1. Energy and Power
1.2.4.2.2. Consumer Electronics
1.2.4.2.3. Automotive
1.2.4.2.4. Travel and Transportation
1.2.4.2.5. Others
1.2.5. IGBT Market By Geography
1.2.5.1. Global IGBT Market Revenue and Growth Rate Comparison by Geography (2016-2027)
1.2.5.2. North America IGBT Market Revenue and Growth Rate(2016-2027)
1.2.5.3. Europe IGBT Market Revenue and Growth Rate(2016-2027)
1.2.5.4. Asia-Pacific IGBT Market Revenue and Growth Rate(2016-2027)
1.2.5.5. Latin America IGBT Market Revenue and Growth Rate(2016-2027)
1.2.5.6. Middle East and Africa (MEA)IGBT Market Revenue and Growth Rate(2016-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING IGBT ANALYSIS
3.1. Capacity and Commercial Production Date of Global IGBT Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global IGBT Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global IGBT Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global IGBT Major Manufacturers in 2019
CHAPTER 4. IGBT MARKET BY TYPE
4.1. Global IGBT Revenue By Type
4.2. Discrete IGBT
4.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.3. Modular IGBT
4.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 5. IGBT MARKET BY POWER RATING
5.1. Global IGBT Revenue By Power Rating
5.2. High- Power
5.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.3. Medium- Power
5.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.4. Low- Power
5.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 6. IGBT MARKET BY APPLICATION
6.1. Global IGBT Revenue By Application
6.2. Energy and Power
6.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.3. Consumer Electronics
6.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.4. Automotive
6.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.5. Travel and Transportation
6.5.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.6. Others
6.6.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA IGBT MARKET BY COUNTRY
7.1. North America IGBT Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.2. North America IGBT Market Revenue Share Comparison, 2016 & 2027 (%)
7.3. U.S.
7.3.1. U.S. IGBT Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe IGBT Market Revenue and Growth Rate, 2016 - 2027 ($Million)
8.2. Europe IGBT Market Revenue Share Comparison, 2016 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC IGBT MARKET BY COUNTRY
9.1. Asia-Pacific IGBT Market Revenue and Growth Rate, 2016 - 2027 ($Million)
9.2. Asia-Pacific IGBT Market Revenue Share Comparison, 2016 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA IGBT MARKET BY COUNTRY
10.1. Latin America IGBT Market Revenue and Growth Rate, 2016 - 2027 ($Million)
10.2. Latin America IGBT Market Revenue Share Comparison, 2016 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA IGBT MARKET BY COUNTRY
11.1. Middle East & Africa IGBT Market Revenue and Growth Rate, 2016 - 2027 ($Million)
11.2. Middle East & Africa IGBT Market Revenue Share Comparison, 2016 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Power Rating, 2016 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. ABB Ltd
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Danfoss Group
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Fuji Electric Co., Ltd
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Hitachi, Ltd.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Inneon Technologies AG
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Littelfuse, Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Mitsubishi Electric Corporation
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Rohm Co., Ltd
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Starpower
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Toshiba Corporation
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
