Global IGBT Module Market Growth 2023-2029

Global IGBT Module Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “IGBT Module Industry Forecast” looks at past sales and reviews total world IGBT Module sales in 2022, providing a comprehensive analysis by region and market sector of projected IGBT Module sales for 2023 through 2029. With IGBT Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IGBT Module industry.

This Insight Report provides a comprehensive analysis of the global IGBT Module landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IGBT Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global IGBT Module market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IGBT Module and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IGBT Module.

The global IGBT Module market size is projected to grow from US$ 5466.7 million in 2022 to US$ 10080 million in 2029; it is expected to grow at a CAGR of 10080 from 2023 to 2029.

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 presents a comprehensive overview, market shares, and growth opportunities of IGBT Module market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Less than 600V
600V to 1200V
1200V to 1700V
1700V to 3300V
More Than 3300V

Segmentation by application
Industrial Drives
Consumer
Automotive
Renewables
Traction
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mitsubishi Electric
Infineon Technologies (IR)
Fuji Electric
SEMIKRON
Hitachi
ON Semiconductor (Fairchild)
ABB
IXYS Corporation
Starpower Semiconductor
CRRC
Vishay
MacMic

Key Questions Addressed in this Report

What is the 10-year outlook for the global IGBT Module market?

What factors are driving IGBT Module market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do IGBT Module market opportunities vary by end market size?

How does IGBT Module break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.