NEW YORK, June 15, 2022 /PRNewswire/ -- The latest market research report titled IGBT Market by Product, Application, and Geography - Forecast and Analysis 2021-2025 is recently added to Technavio's catalog. The report predicts the market to witness an accelerating growth momentum at a CAGR of 12%. The IGBT market report also ensures the market growth potential difference to reach USD 5.70 billion from 2020 to 2025. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. High demand for energy-efficient electronic products and growth in HVDC lines will offer immense growth opportunities. However, rising competition from wide bandgap (WBG) semiconductor materials is likely to pose a challenge for the market vendors.
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Frequently Asked Questions:
Based on segmentation by Product, which is the leading segment in the market?
The IGBT modules product segment held the largest IGBT market share in 2020.
What was the anticipated YOY in 2021?.
Estimated YOY in 2021 was 12.23%
What is the market vendor landscape like?
The IGBT market is concentrated.
How big is the APAC market?
69% of the growth will be contributed by APAC.
IGBT Market Vendor Insights
The IGBTmarket is concentrated and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
In a bid to help players strengthen their market foothold, this igbt market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Key companies covered in the report with their prominent offerings are:
Fuji Electric Co. Ltd.: The company offers IGBT modules such as IPM, PIM, Chopper, and more.
Hitachi Ltd.: The company offers IGBT for wide range of applications such as railway applications and various power conveters.
Infineon Technologies AG: The company offers high quality IGBT power modules in different product families, configurations, current ratings as well as IGBT chip generations for an almost infinite number of applications.
Littelfuse Inc.: The company offers wide range of IGBT such as BiMOSFET, NPT, XPT, and more.
Mitsubishi Electric Corp.: The company offers IGBT modules such as T series, S series, and others.
Some other companies covered in this report are:
ON Semiconductor Corp.
Renesas Electronics Corp.
SEMIKRON Elektronik GmbH & Co. KG
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IGBT Market Revenue-generating Segment Insights
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IGBT Market Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The IGBT market report covers the following areas:
IGBT Market Key Takeaways
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist IGBT market growth during the next five years
Estimation of the IGBT market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the IGBT market across APAC, Europe, North America, South America, MEA, APAC, Europe, North America, South America, and MEA
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of IGBT market vendors
IGBT Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 12.08%
Market growth 2021-2025
$ 5.70 billion
YoY growth (%)
APAC, Europe, North America, South America, MEA, APAC, Europe, North America, South America, and MEA
Performing market contribution
APAC at 69%
Key consumer countries
China, Japan, South Korea (Republic of Korea), US, and India
Leading companies, competitive strategies, consumer engagement scope
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.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Content
1 Executive Summary
1.1 Market Overview
2 Market Landscape
2.1 Market ecosystem
2.2 Value chain analysis
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
4 Five Forces Analysis
4.1 Five forces summary
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
5 Market Segmentation by Product
5.1 Market segments
5.2 Comparison by Product
5.3 IGBT modules - Market size and forecast 2020-2025
5.4 Discrete IGBTs - Market size and forecast 2020-2025
5.5 Market opportunity by Product
6 Market Segmentation by Application
6.1 Market segments
6.2 Comparison by Application
6.3 EV/HEVs - Market size and forecast 2020-2025
6.4 Industrial - Market size and forecast 2020-2025
6.5 Motor drives - Market size and forecast 2020-2025
6.6 Consumer appliances - Market size and forecast 2020-2025
6.7 Others - Market size and forecast 2020-2025
6.8 Market opportunity by Application
7 Customer landscape
8 Geographic Landscape
8.1 Geographic segmentation
8.2 Geographic comparison
8.3 APAC - Market size and forecast 2020-2025
8.4 Europe - Market size and forecast 2020-2025
8.5 North America - Market size and forecast 2020-2025
8.6 South America - Market size and forecast 2020-2025
8.7 MEA - Market size and forecast 2020-2025
8.8 Key leading countries
8.9 Market opportunity by geography
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Market trends
10 Vendor Landscape
10.1 Competitive Overview
10.3 Landscape disruption
11 Vendor Analysis
11.1 Vendors covered
11.2 Market positioning of vendors
11.3 Fuji Electric Co. Ltd.
11.4 Hitachi Ltd.
11.5 Infineon Technologies AG
11.6 Littelfuse Inc.
11.7 Mitsubishi Electric Corp.
11.8 ON Semiconductor Corp.
11.9 Renesas Electronics Corp.
11.10 SEMIKRON Elektronik GmbH & Co. KG
11.11 STMicroelectronics NV
11.12 Toshiba Corp.
12.1 Scope of the report
12.2 Currency conversion rates for US$
12.3 Research methodology
12.4 List of abbreviations
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