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IGBT Module market was valued at US$ 5588.2 million in 2022 and is anticipated to reach US$ 10150 million by 2029, witnessing a CAGR of 8.8% - valuates Reports
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The IGBT is used in medium- to high-power applications like switched-mode power supplies, traction motor control and induction heating. Large IGBT modules typically consist of many devices in parallel and can have very high current-handling capabilities in the order of hundreds of amperes with blocking voltages of 6500 V.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Mitsubishi Electric, Infineon Technologies(IR), Fuji Electric, SEMIKRON are the leaders of the IGBT Module industry, which take about 70% market share.Japan is the major region of the global market, which takes about 30% market share.
This report aims to provide a comprehensive presentation of the global market for IGBT Module, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IGBT Module.
The IGBT Module market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global IGBT Module market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Segment by Type
Less than 600V
600V to 1200V
1200V to 1700V
1700V to 3300V
More Than 3300V
Segment by Application
Industrial Drives
Consumer
Automotive
Renewables
Traction
Others
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