Market Overview:
The global IGBT market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and high-power devices across different applications. The industrial drives segment is expected to hold the largest share of the global IGBT market in 2018, followed by consumer and automotive applications. Asia Pacific is expected to be the fastest growing region during the forecast period, owing to rising demand for energy-efficient devices in countries such as China and India.
Product Definition:
A transistor is a semiconductor device used to amplify or switch electronic signals and electrical power. It is composed of a semiconductor material such as silicon, germanium, or gallium arsenide, sandwiched between two electrodes. The transistor was invented in 1947 by John Bardeen, Walter Brattain, and William Shockley at Bell Laboratories.
IGBT Module:
IGBT is short for Insulated Gate Bipolar Transistor. It is a type of semiconductor, which has two leads (gate) separated by an insulation barrier (barrier island). The IGBT structure includes a p-type and n-type region. The main function of this device is to convert electrical energy from one form to another according to the load demands.
Discrete IGBT:
The discrete IGBT is a type of semiconductor material that can be used in various applications. It has several advantages over traditional power devices and this is the main factor driving its demand across the globe. The major advantage includes high switching speed which results into reduced energy losses during switching operation, thus making it suitable for use in power electronic devices such as inverters, DC-DC converters and other applications where loss of electrical energy is an issue.
Application Insights:
The industry is segmented on the basis of application into industrial drives, consumer, automotive, renewable energy and traction. The industrial drives segment accounted for a major share in 2015 owing to the growing demand from power generation and heavy industries such as oil & gas. This trend is expected to continue over the forecast period with growth in emerging economies such as India and China where IGBTs are used for multiple applications including diesel generators, large scale power distribution systems among others.
The consumer application includes household appliances such as refrigerators that use IGBTs with high efficiency modules that consume less energy per given output which helps reduce carbon dioxide emission by around 40%. The automotive sector uses these products due to their low-power consumption ability which reduces fuel consumption by approximately 10% when compared to traditional counterparts thus reducing greenhouse gases emissions significantly contributing towards sustainable development goals set forth by various international institutions.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in demand from industrial applications such as power generation, cement industries, water treatment plants, refineries among others. China accounts for majority of IGBT manufacturing owing to low labor cost and proximity to raw material suppliers.
Europe was estimated at USD X billion in 2017.
Growth Factors:
- Increasing demand for energy-efficient vehicles
- Growing demand from the renewable energy sector
- Rising popularity of smart grids and microgrids
- Proliferation of data centers and cloud computing
- Development of next-generation semiconductor technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
IGBT Market Research Report
By Type
IGBT Module, Discrete IGBT
By Application
Industrial Drives, Consumer, Automotive, Renewables, Traction, Others
By Companies
Mitsubishi Electric, Infineon Technologies, Fuji Electric, SEMIKRON, Hitachi, ABB, ON Semiconductor (Fairchild Semiconductor), Renesas Electronics, CRRC, Toshiba, STMicroelectronics, ROHM Semiconductor, Starpower Semiconductor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global IGBT Market Report Segments:
The global IGBT market is segmented on the basis of:
Types
IGBT Module, Discrete IGBT
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Drives, Consumer, Automotive, Renewables, Traction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Electric
- Infineon Technologies
- Fuji Electric
- SEMIKRON
- Hitachi
- ABB
- ON Semiconductor (Fairchild Semiconductor)
- Renesas Electronics
- CRRC
- Toshiba
- STMicroelectronics
- ROHM Semiconductor
- Starpower Semiconductor
Highlights of The IGBT Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- IGBT Module
- Discrete IGBT
- By Application:
- Industrial Drives
- Consumer
- Automotive
- Renewables
- Traction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IGBT Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An IGBT is a type of semiconductor device that can be used in electronic devices such as solar cells and LED lights.
Some of the major players in the igbt market are Mitsubishi Electric, Infineon Technologies, Fuji Electric, SEMIKRON, Hitachi, ABB, ON Semiconductor (Fairchild Semiconductor), Renesas Electronics, CRRC, Toshiba, STMicroelectronics, ROHM Semiconductor, Starpower Semiconductor.
The igbt market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IGBT Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. IGBT Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IGBT Market - Supply Chain
4.5. Global IGBT Market Forecast
4.5.1. IGBT Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IGBT Market Size (000 Units) and Y-o-Y Growth
4.5.3. IGBT Market Absolute $ Opportunity
5. Global IGBT Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. IGBT Market Size and Volume Forecast by Type
5.3.1. IGBT Module
5.3.2. Discrete IGBT
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IGBT Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. IGBT Market Size and Volume Forecast by Application
6.3.1. Industrial Drives
6.3.2. Consumer
6.3.3. Automotive
6.3.4. Renewables
6.3.5. Traction
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global IGBT Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. IGBT Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global IGBT Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. IGBT Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global IGBT Demand Share Forecast, 2019-2026
9. North America IGBT Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America IGBT Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America IGBT Market Size and Volume Forecast by Application
9.4.1. Industrial Drives
9.4.2. Consumer
9.4.3. Automotive
9.4.4. Renewables
9.4.5. Traction
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America IGBT Market Size and Volume Forecast by Type
9.7.1. IGBT Module
9.7.2. Discrete IGBT
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America IGBT Demand Share Forecast, 2019-2026
10. Latin America IGBT Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America IGBT Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America IGBT Market Size and Volume Forecast by Application
10.4.1. Industrial Drives
10.4.2. Consumer
10.4.3. Automotive
10.4.4. Renewables
10.4.5. Traction
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America IGBT Market Size and Volume Forecast by Type
10.7.1. IGBT Module
10.7.2. Discrete IGBT
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America IGBT Demand Share Forecast, 2019-2026
11. Europe IGBT Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe IGBT Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe IGBT Market Size and Volume Forecast by Application
11.4.1. Industrial Drives
11.4.2. Consumer
11.4.3. Automotive
11.4.4. Renewables
11.4.5. Traction
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe IGBT Market Size and Volume Forecast by Type
11.7.1. IGBT Module
11.7.2. Discrete IGBT
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe IGBT Demand Share, 2019-2026
12. Asia Pacific IGBT Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific IGBT Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific IGBT Market Size and Volume Forecast by Application
12.4.1. Industrial Drives
12.4.2. Consumer
12.4.3. Automotive
12.4.4. Renewables
12.4.5. Traction
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific IGBT Market Size and Volume Forecast by Type
12.7.1. IGBT Module
12.7.2. Discrete IGBT
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific IGBT Demand Share, 2019-2026
13. Middle East & Africa IGBT Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa IGBT Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa IGBT Market Size and Volume Forecast by Application
13.4.1. Industrial Drives
13.4.2. Consumer
13.4.3. Automotive
13.4.4. Renewables
13.4.5. Traction
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa IGBT Market Size and Volume Forecast by Type
13.7.1. IGBT Module
13.7.2. Discrete IGBT
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa IGBT Demand Share, 2019-2026
14. Competition Landscape
14.1. Global IGBT Market: Market Share Analysis
14.2. IGBT Distributors and Customers
14.3. IGBT Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Infineon Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fuji Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SEMIKRON
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hitachi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ABB
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ON Semiconductor (Fairchild Semiconductor)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Renesas Electronics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CRRC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Toshiba
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. STMicroelectronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ROHM Semiconductor
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Starpower Semiconductor
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook