Global IGBT Market 2021-2025 The analyst has been monitoring the IGBT market and it is poised to grow by $ 5. 70 bn during 2021-2025, progressing at a CAGR of over 12% during the forecast period.
New York, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global IGBT Market 2021-2025" - https://www.reportlinker.com/p05028450/?utm_source=GNW
Our 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, latest trends and drivers, and the overall market environment. The market is driven by increasing government support for EV/HEVs and high demand for energy-efficient electronic products. In addition, increasing government support for EV/HEVs is anticipated to boost the growth of the market as well.
The IGBT market analysis includes product and application segments and geographic landscape.
The IGBT market is segmented as below:
• IGBT modules
• Discrete IGBTs
• Motor drives
• Consumer appliances
By Geographical Landscape
• North America
• South America
This study identifies the growth in HVDC lines as one of the prime reasons driving the IGBT market growth during the next few years.
The analyst 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. Our report on IGBT market covers the following areas:
• IGBT market sizing
• IGBT market forecast
• IGBT market industry analysis
This 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 Fuji Electric Co. Ltd., Hitachi Ltd., Infineon Technologies AG, Littelfuse Inc., Mitsubishi Electric Corp., ON Semiconductor Corp., Renesas Electronics Corp., SEMIKRON Elektronik GmbH & Co. KG, STMicroelectronics NV, and Toshiba Corp. 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 analyst 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. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05028450/?utm_source=GNW
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