According to a new market report published by Lucintel, 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 11% 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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In this market, low, medium, and high voltage IGBT semiconductors are used in a wide range of industries. 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.
Infineon Technologies, Fuji Electric Co., Ltd., ON Semiconductor, Mitsubishi Electric Corporation, STMicroelectronics, Renesas Electronics Corporation, Vishay Intertechnology, ABB Ltd, SEMIKRON, Hitachi, Ltd., and Toshiba Corporation are among the major IGBT discrete semiconductor manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global IGBT discrete semiconductor market by power rating, voltage, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global IGBT Discrete Semiconductor Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global IGBT discrete semiconductor market by power rating, voltage, application, and region as follows:
By Power Rating [$M shipment analysis for 2015 – 2026]:
By Voltage [$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 [$M shipment analysis for 2015 – 2026]:
Power Transmission Systems
Renewable Energy
PV Power Generation Systems
Wind Power Generation Systems
Rail Traction Systems
Uninterrupted Power Supply
Electric Vehicles and Hybrid Electric Vehicles
Motor Drives
Industrial Motors
Commercial Motors
Residential Motors
Consumer Electronics
Others
By Region [$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
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.