Report Feature
The future of the IGBT discrete semiconductor market looks promising with opportunities in various end use industries, which are power transmission systems, renewable energy, rail traction systems, uninterrupted power supply, electric vehicles and hybrid electric vehicles, motor drives, and consumer electronics. The global IGBT discrete semiconductor market is expected to grow with a CAGR of 10% to 12% from 2021 to 2026. The major drivers for this market are increasing demand for electric motors and growth in electric vehicles.
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The study includes trends and forecasts for the global IGBT discrete semiconductor market by power rating, voltage, application, and region as follows:
By Power Rating [$M shipment analysis for 2015 – 2026]:
- Low
- Medium
- High
By Voltage [$M shipment analysis for 2015 – 2026]:
- <400 V
- 600–650 V
- 1,200–1,700 V
- 2,500–3,300 V
- >4,500 V
By Application [$M shipment analysis for 2015 – 2026]:
- Power Transmission Systems
- HVDC Systems
- FACTS
- Renewable Energy
- PV Power Generation Systems
- Wind Power Generation Systems
- Rail Traction Systems
- Uninterrupted Power Supply
- Electric Vehicles and Hybrid Electric Vehicles
- Motor Drives
- Industrial Motors
- Commercial Motors
- Residential Motors
- Consumer Electronics
- Others
By Region [$M shipment analysis for 2015 – 2026]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
The electric vehicle and hybrid electric vehicle application is expected to witness the highest growth over the forecast period due to energy efficiency, environmental friendliness, and affordability.
Asia Pacific is expected to witness the highest growth over the forecast period due to considerable manufacturing capabilities and high wind & solar power generation capabilities.
Some of the IGBT discrete semiconductor companies profiled in this report includes Infineon Technologies AG, Fuji Electric Co., Ltd., ON Semiconductor, Mitsubishi Electric Corporation, STMicroelectronics, Renesas Electronics Corporation, Vishay Intertechnology, ABB Ltd, SEMIKRON, Hitachi, Ltd., and Toshiba Corporation.
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Features of IGBT Discrete Semiconductor Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global IGBT discrete semiconductor market by voltage (<400 V, 600–650 V, 1,200–1,700 V, 2,500–3,300 V, and >4,500 V), power rating (low, medium, and high), application (power transmission systems, renewable energy, rail traction system, uninterrupted power supply, electric vehicles and hybrid electric vehicles, motor drives, consumer electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the IGBT discrete semiconductor market? Q.5 What are the business risks and threats to the IGBT discrete semiconductor market? Q.6 What are the emerging trends in the IGBT discrete semiconductor market and the reasons behind them? Q.7 What are some changing demands of customers in the IGBT discrete semiconductor market? Q.8 What are the new developments in the IGBT discrete semiconductor market? Which companies are leading these developments? Q.9 Who are the major players in the IGBT discrete semiconductor market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the IGBT discrete semiconductor market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the IGBT discrete semiconductor market? |
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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