Global Insulated Gate Bipolar Transistor (IGBT) Market



Insulated Gate Bipolar Transistor is a three terminal semiconductor device which finds applications in various industrial and automotive parts and equipment as switching devices. It has characteristic of both MOSFET and BJT (Bipolar Junction Transistor). The market of Insulated Gate Bipolar Transistor is in a growth stage with a single digit CAGR. Majorly IGBT are used in motor drives followed by inverters, electric and hybrid electric vehicles, electronic items etc. IGBT capability lies in low switching cost, higher thermal performance and efficiency.

Market Dynamics

With technological advancements in various sectors, IGBT market is experiencing a good boost. Some of the drivers are: adoption of variable speed AC motors as compared to fixed speed motors, increased demand of motors employing IGBT owing to automation of manufacturing processes and spur in the robotics market, shift towards renewable energy sources also known as green energy, increased production and innovation of electric and hybrid electric vehicles. Another area of opportunity exists due to the growth of communication sector and hence greater power requirements of various devices and gadgets such as personal computers, laptops, mobile phones etc.

Having said that, some of the inhibitors of growth of IGBT market are: with the growth in market size more players will come in, that will reduce profit margin operating currently in this product line, it is directly linked to the investment in power transmission Asia Pacific region and other areas, therefore any economic downturn adversely affects this market, bipolar transistors are considered inferior to MOSFETs in many areas of application thereby raising its chances of substitution by MOSFETs.

Market Segmentation

Insulated Gate Bipolar Transistor market can be classified into discrete and modular packages. Discrete insulated gate transistors can further be classified on the basis of voltage ratings viz., 0 to 600 V, 600 to 1200 V and above 1200 V.

On the basis of applications IGBT market can be classified into Industrial, Aerospace and Defence, Consumer Electronics, Renewable Energy sector and Automotive segments. Some of the examples include motor drives, power transmission equipment, welding in the industrial segment, invertors, controllers etc. in the electronics segment and ignition systems in the automotive segment.

Industrial market accounts for more than two third of the entire demand for IGBTs. However, the proportion is going to change in the coming years with the market proliferation of EV/HEV.

Regional/Geographic Analysis

On the basis of region IGBT market can be segmented into North America, Asia Pacific, Europe, Middle East and Rest of the world. Europe is the highest revenue winner for the IGBT market. North America region is undergoing significant growth on account of huge investments and development of electric and hybrid electrical vehicles. Asia Pacific region also provides opportunities for market growth owing to investments in power sector.

Key Players

Some of the major players in the market include Fairchild Semiconductor International Inc., ABB Ltd., Hitachi Ltd., Fuji Electric Co., Infineon Technologies AG, IXYS, Semikron, Littlefuse and Renesas etc.

Report ContentsRegional AnalysisReport Highlights
  • Market segments
  • Market Drivers, Restraints and Opportunities
  • Market Size & Forecast 2016 to 2022
  • Supply & Demand Value Chain
  • Market – Current Trends
  • Competition & Major Companies
  • Technology and R&D Status
  • Porters Five Force Analysis
  • Strategic and Critical Success Factor Analysis of Key Players
  • North America
    • US and Canada
  • Latin America
    • Mexico, Brazil, Argentina and Rest of Latin America
  • Western Europe
    • EU5 (Germany, France, Italy, Spain, U.K.)
    • Nordic Countries (Denmark, Finland, Norway, and Sweden)
    • Benelux (Belgium, The Netherlands, and Luxembourg)
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia and New Zealand
    • Rest of Asia Pacific
  • Middle East and Africa
    • GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
    • South Africa
    • North Africa
    • Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

  • Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
  • Consumer and Pricing Analysis
  • Market dynamics of the industry
  • Market Segmentation
  • Estimated Market Sizing in terms of volume and value
  • Recent trends in Market and impact
  • Research Status and Technology Overview
  • Extensive Industry Structure Coverage

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Industry Analysis, Forecasts and Opportunity Assessment (2017-2022)

  • Market Trends, Dynamics and Regulatory Framework
  • Regional and Cross-segment Sales Figures
  • Extensive Industry Structure Coverage

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