According to a new market research report published by Global Insight Services “ IGBT and Thyristor Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An IGBT is a type of solid-state electronic device that combines the best attributes of both MOSFETs and bipolar junction transistors (BJTs). IGBTs are used in a variety of power electronic applications such as solar inverters, uninterruptible power supplies, motor drives, and traction control systems.
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Key Players
- ABB
- Siemens
- Mitsubishi
- Toshiba
- Hitachi
- Fuji Electric
- OMRON
- Schneider Electric
- Danfoss
Covid-19 Impact
The COVID-19 pandemic has had a significant impact on the IGBT and thyristor market. The pandemic has led to a decrease in demand from the automotive and industrial sectors, as well as a decrease in production due to the shutdown of factories. This has led to a decrease in revenue for IGBT and thyristor manufacturers.
Key Trends
IGBT and Thyristor Market technology is evolving rapidly with new trends emerging every year. Some of the key trends in IGBT and Thyristor Market technology include:
- Increased use of IGBTs and thyristors in renewable energy applications: Renewable energy sources such as solar and wind power are increasingly being used around the world, and IGBTs and thyristors are playing a key role in these applications.
- Increased use of IGBTs and thyristors in electric vehicles: Electric vehicles are becoming more popular, and IGBTs and thyristors are key components in these vehicles.
Key Drivers
The main drivers of the IGBT and thyristor market are the increasing demand for electricity, the need for energy efficiency, and the increasing use of renewable energy sources.
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Market Segments
By Power Rating
- Low
- Medium
- High
By Voltage
- <400 V
- 600–650 V
- 1,200–1,700 V
- 2,500–3,300 V
- >4,500 V
By Application
- Power Transmission Systems
- Renewable Energy
- Rail Traction Systems
- Uninterrupted Power Supply
- Electric Vehicles
- Motor Drives
- Consumer Electronics
Key Players
- ABB
- Siemens
- Mitsubishi
- Toshiba
- Hitachi
- Fuji Electric
- OMRON
- Schneider Electric
- Danfoss
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