Press release
Global IGBT-Based Power Module Market Size, Technlogy Advancement Set To Grow at CAGR of 8.45% Over Period 2016-2020
An IGBT chip has high power efficiency, high blocking voltage, and the ability to work on low power. IGBT and diode dies are combined to form power modules. These are large arrangements of basic building blocks of power electronic equipment. These assembled stacks are configured to cope with the needs of the highest power applications. These modules are used in industrial motors, railroad traction, power supplies, renewable energy, and consumer appliances. These modules are also used to drive electric motors for both automotive and industrial applications.Technavios analysts forecast the global IGBT-based power module market to grow at a CAGR of 8.45% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global IGBT-based power module market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IGBT-based power module sensors.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global IGBT-Based Power Module Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Fairchild Semiconductor International
Fuji Electric
Infineon Technologies
Mitsubishi
SEMIKRON
STMicroelectronics
Market driver
Increase in demand for electric and hybrid vehicles
For a full, detailed list, view our report
Market challenge
Reduction in size of IGBT modules leading to high power dissipation
For a full, detailed list, view our report
Market trend
Increase in demand for electric and hybrid vehicles
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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