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Global IGBT Market Set to Expand by $7.29 Billion During 2023-2027 -

PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.
January 6, 2023 GMT

DUBLIN--(BUSINESS WIRE)--Jan 6, 2023--

The “Global IGBT Market 2023-2027” report has been added to’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
  • 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


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SOURCE: Research and Markets

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PUB: 01/06/2023 12:30 PM/DISC: 01/06/2023 12:31 PM