Press release
Insulated-Gate Bipolar Transistor (IGBT) Market Trends, Research Report, Growth, Opportunities, Forecast 2019-2025
Moreover, Volkswagen e-Golf is running on a pilot project across different country. The upcoming new EV launches will provide more options to the buyers for the electric car which is expected to augment the insulated-gate bipolar transistor (IGBT)market. Subsequently, it will create the need to invest in the charging infrastructure of the country.
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Rising concerns related to vehicular emissions and depletion of nonrenewable energy resources that have forced the government to invest in enhancing the infrastructure of electric vehicles include hybrid electric vehicle, electric vehicle supply equipment, plug-in hybrid electric vehicle and battery electric vehicle and hybrid electric vehicle is expected to contribute to market growth. It mainly plays a vital role in the electric vehicle at high voltage and improved efficiency.
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Moreover, the US has the largest consumer base of electric cars due to stringent emission rules in the region. The stock of electric cars in China almost doubled between 2017 and 2018 to reach 2.3 million. In 2018, Europe accounted for 24% of the global stock of electric cars at 1.2 million (of which 0.96 million were in European Union countries) and the US accounted for 22% with 1.1 million. Hence, demand for EVs from major economies is contributing to IGBT market growth.
Global Insulated-Gate Bipolar Transistor (IGBT)
Market- Segmentation
By Type
• Discrete IGBT
• Modular IGBT
By Application
• Renewables
• Industrial
• Inverter & UPS
• Electric Vehicle
• Consumer Electronics
• Others
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Global Insulated-Gate Bipolar Transistor (IGBT) Market – Segment by Region
North America
• The US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East Africa
Company Profiles
• ABB, Ltd.
• Dynex Semiconductor, Ltd.
• Fuji Electric Co. Ltd
• Hitachi Ltd
• Infineon Technologies AG
• Littelfuse, Inc.
• Mitsubishi Electric Corp.
• NXP Semiconductors N.V.
• ON Semiconductor Corp.
• Renesas Electronics Corp.
• ROHM Co. Ltd.
• Semiconductor Components Industries, LLC
• SEMIKRON International GmbH
• STMicroelectronics N.V.
• Toshiba Corp.
• Vishay Inter technology, Inc.
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
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Company Name: Orion Market Research
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