Global IGBT Market Set to Expand by $7.29 Billion During 2023-2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 6, 2023--
The “Global IGBT Market 2023-2027” report has been added to ResearchAndMarkets.com’s offering.
The IGBT market is poised to grow by $7292.66 mn during 2023-2027, accelerating at a CAGR of 12.3% during the forecast period. The report on the IGBT market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing government support for EVs or HEVs, high demand for energy-efficient electronic products, and the growth in HVDC lines.
The IGBT market is segmented as below:
By Product
- IGBT modules
- Discrete IGBTs
By Application
- EV or HEVs
- Industrial
- Motor drives
- Consumer appliance
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the functional consolidation of semiconductor devices as one of the prime reasons driving the IGBT market growth during the next few years. Also, the rising focus on renewable power generation and increased copper wire interconnections will lead to sizable demand in the market.
The report on the IGBT market covers the following areas:
- IGBT market sizing
- IGBT market forecast
- IGBT market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IGBT market vendors that include ABB Ltd., Danfoss AS, Hitachi Ltd., Infineon Technologies AG, Jilin Sino Microelectronics Co. Ltd., Littelfuse Inc., MagnaChip Semiconductor Corp., Mitsubishi Electric Corp., Sanken Electric Co Ltd, SEMIKRON Elektronik GmbH and Co. KG, STARPOWER SEMICONDUCTOR Ltd, STMicroelectronics NV, Toshiba Corp., Fuji Electric Co. Ltd., IXYS Corp, Microchip Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp, Renesas Electronics Corp., and ROHM Co. Ltd. Also, the IGBT market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Companies Mentioned
- ABB Ltd.
- Danfoss AS
- Hitachi Ltd.
- Infineon Technologies AG
- Jilin Sino Microelectronics Co. Ltd.
- Littelfuse Inc.
- MagnaChip Semiconductor Corp.
- Mitsubishi Electric Corp.
- Sanken Electric Co Ltd
- SEMIKRON Elektronik GmbH and Co. KG
- STARPOWER SEMICONDUCTOR Ltd
- STMicroelectronics NV
- Toshiba Corp.
- Fuji Electric Co. Ltd.
- IXYS Corp
- Microchip Technology Inc.
- NXP Semiconductors NV
- ON Semiconductor Corp
- Renesas Electronics Corp.
- ROHM Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/hw1o4z
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
View source version on businesswire.com:https://www.businesswire.com/news/home/20230106005388/en/
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD:
INDUSTRY KEYWORD: HARDWARE MANUFACTURING MACHINERY TECHNOLOGY ENGINEERING
SOURCE: Research and Markets
Copyright Business Wire 2023.
PUB: 01/06/2023 12:30 PM/DISC: 01/06/2023 12:31 PM
http://www.businesswire.com/news/home/20230106005388/en