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
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
Reasons to buy IGBT and Thyristor Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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