Press release
Insulated Gate Bipolar Transistor (IGBT) Market Size, Share Analysis, Growth, Trends And Industry Forecast 2023-2032
Insulated Gate Bipolar Transistor (IGBT) Market Report
The Business Research Company's Insulated Gate Bipolar Transistor (IGBT) Global Market Report 2023 identifies the increased production of electric vehicles as the major driver for the insulated gate bipolar transistor (IGBT) market's growth in the forecast period. IGBTs are a type of semiconductor device used as an electronic switch that is used to take DC power from a car battery and convert AC control signals to the high power needed to turn the motor through an inverter. IGBT is a highly efficient component for EV motors due to its fast switching characteristics which lead to less power usage resulting in greater mileage. There will be a significant demand for IGBTs in response to the increased production of EVs.
The global insulated gate bipolar transistor (IGBT) market size grew from $7.27 billion in 2022 to $8.42 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The insulated gate bipolar transistor (IGBT) market size is expected to grow to $15.27 billion in 2027 at a CAGR of 16.0%.
Download Free Sample Of Insulated Gate Bipolar Transistor (IGBT) Market Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=6506&type=smp
Major competitors in the insulated gate bipolar transistor (IGBT) market are Renesas Electronics Corporation, Infineon Technologies AG, Fuji Electric Co Ltd., ROHM Co Ltd., SEMIKRON International GmbH, ABB Ltd., Danfoss Group, Toshiba Corpotration, NXP Semiconductors NV, STMicroelectronics NV, Fairchild Semiconductor International Inc., Mitsubishi Electric Corporation, Hitachi Ltd., Littelfuse Inc., Starpower Semiconductor Ltd., Vishay Intertechnology and IXYS Corporation.
A key trend in the insulated gate bipolar transistor (IGBT) market includes new product development. Major companies operating in the insulated gate bipolar transistors market are focused on developing new products to increase their product portfolio and meet customer demand. New product developments are done to introduce new products with the same/improved features in response to high demand and also to target new markets, sell more and increase revenue streams, and increase market share.
Read More On The Global Insulated Gate Bipolar Transistor (IGBT) Market Report Here:
https://www.thebusinessresearchcompany.com/report/insulated-gate-bipolar-transistor-igbt-global-market-report
The insulated gate bipolar transistor (IGBT) market is segmented -
•By Type: Discrete, Modular
•By Power Rating: High Power, Medium Power, Low Power
•By End-User: EV/HEV, Renewables, UPS, Rail, Motor Drives, Industrial, Commercial
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the insulated gate bipolar transistor (IGBT) market.
The Business Research Company's "Global Insulated Gate Bipolar Transistor (IGBT) Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Insulated Gate Bipolar Transistor (IGBT) Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6506
The Table Of Content For The Insulated Gate Bipolar Transistor (IGBT) Market Include:
1. Executive Summary
2. Insulated Gate Bipolar Transistor (IGBT) Market Characteristics
3. Insulated Gate Bipolar Transistor (IGBT) Market Trends And Strategies
4. Insulated Gate Bipolar Transistor (IGBT) Market - Macro Economic Scenario
5. Insulated Gate Bipolar Transistor (IGBT) Market Size And Growth
……
25. Middle East Insulated Gate Bipolar Transistor (IGBT) Market
26. Africa Insulated Gate Bipolar Transistor (IGBT) Market
28. Key Mergers And Acquisitions In The Insulated Gate Bipolar Transistor (IGBT) Market
29. Insulated Gate Bipolar Transistor (IGBT) Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Insulated Gate Bipolar Transistor (IGBT) Market Size, Share Analysis, Growth, Trends And Industry Forecast 2023-2032 here
News-ID: 3174672 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for IGBT
High Voltage (HV) IGBT Modules Market
High Voltage (HV) IGBT Modules Market Overview
This report studies the High Voltage (HV) IGBT modules, covering 1700 V, 2300 V, 3300 V, 4500 V, 6000V and 6500V IGBT modules, etc.
This report provides a deep insight into the global High Voltage (HV) IGBT Modules market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche…
IGBT for Charging Pile Market Powering Charging Piles with IGBT Technology 2024 …
The Report on "IGBT for Charging Pile Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
The IGBT for Charging Pile Market is experiencing growth with the proliferation of electric vehicles and the expansion of charging infrastructure. Insulated Gate Bipolar Transistors (IGBTs) play a key role in charging pile systems, facilitating efficient power…
Insulated Gate Bipolar Transistor (IGBT) Market
New York, Global Insulated Gate Bipolar Transistor (IGBT) Market report from Global Insight Services is the single authoritative source of intelligence on Insulated Gate Bipolar Transistor (IGBT) Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation…
EV IGBT Market 2022 | Detailed Report
The market report delivers an all-inclusive analysis of the market structure along with a forecast of the various segments and sub-segments of the EV IGBT industry. This wide-ranging market research report acts as a backbone for the success of business in any niche. The EV IGBT market survey report has been prepared by conducting market research in a systematic manner. Moreover, the EV IGBT report includes a professional in-depth study…
Insulated Gate Bipolar Transistor (IGBT) Market Size, Share | Insulated Gate Bip …
Global Insulated Gate Bipolar Transistor (IGBT) Market Report provides a detailed industry overview along with the analysis of Cost Structure, Supply Chain, Development Techniques, Retailers Analysis, Financial Support, business Strategies, Marketing Channels. Global Insulated Gate Bipolar Transistor (IGBT) Market research report provides a point-by-pointIn-Depth analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market…
Global IGBT Transistor Market Insights, Forecast
The IGBT Transistor market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for IGBT Transistor. This report presents the worldwide IGBT Transistor market size (value, production and consumption), splits the…
