HOME Top Market Reports IGBT & Thyristor Market by Packaging Type (Discrete & Module), Power Rating, & Application (Power, Renewable, Rail, UPS, EV/HEV, Motor Drive, & Consumer Electronics), & Geography - Global Analysis & Forecast to 2020

IGBT & Thyristor Market by Packaging Type (Discrete & Module), Power Rating, & Application (Power, Renewable, Rail, UPS, EV/HEV, Motor Drive, & Consumer Electronics), & Geography - Global Analysis & Forecast to 2020

By: marketsandmarkets.com
Publishing Date: June 2015
Report Code: SE 3555

 

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The IGBT and thyristor were developed to take the advantage of the short switching time and low switching loss of the MOSFET, the high breakdown voltage, and low conduction losses of the BJT, in order to fulfill the demands of the current electric system. The demand to upgrade the aging power infrastructure in developed geographical regions, growth in the establishment of offshore wind farms, and the government initiatives to establish HVDC grid play a crucial part in the growth of IGBT and thyristor market.

The IGBT market is expected to reach $8,256.3 Million by 2020 at a CAGR of 9.5% from 2015 to 2020; whereas, the thyristor market is expected to reach $3,632.0 Million by 2020 at a CAGR of 7.9% from 2015 to 2020. The opportunities such as increasing demand from consumer electronics sector, growing demand for deployment of low carbon emission power system, replacement of MOSFET’s with IGBT in EVs/HEVs, and deployment of smart grid will boost the IGBT and thyristor market in the near future.

The report provides the profiles of the major active companies in the IGBT and thyristor market. The recent developments, contracts received by the OEMs, and the agreements to strengthen the growth of this market are also briefly discussed. The report provides the competitive landscape of the key players, which indicates their growth strategies in terms of the IGBT and thyristor market.

Additionally, the report presents the market dynamics, such as the drivers, restraints, and opportunities. The report includes the in-depth view on market segmentation on the basis of packaging type, power rating, application, and region and also the critical market data and qualitative information for each type, along with the qualitative analysis, such as the Porter’s five force analysis, value chain analysis, supply chain, and market breakdown analysis. This report is based on an in-depth research study of the IGBT and thyristor market across different segments. The market covered under this report has been segmented as follows:

IGBT Market:

The IGBT market segmented on the basis of packaging type which includes discrete and module market. By the power rating segment, the IGBT market segmentation includes high, medium, and low power IGBTs. Finally, by application, the market is segmented into power, renewable energy, rail traction, UPS, EV/HEV, motor drive, consumer electronics, and others.

Thyristor Market:

The thyristor market is segmented on the basis of applications, which include power, motor control, light dimmer, pressure control system, liquid level regulator, and others.

By Geography:

The IGBT and thyristor market is also segmented on the basis of region, and is divided into four major regions, including the Americas, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW).

Major players in this market include ABB Ltd. (Switzerland), Danfoss A/S (Denmark), Fairchild Semiconductor International, Inc. (U.S.), Fuji Electric Co. Ltd. (Japan), Hitachi Ltd. (Japan), Infineon Technologies AG (Germany), Mitsubishi Electric Corp. (Japan), Renesas Electronics Corp. (Japan), SEMIKRON International GmbH (Germany), Toshiba Corp. (Japan) among others.

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 IGBT & Thyristor Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 IGBT & Thyristor Market Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
           2.2.3 IGBT & Thyristor Market Share Estimation
    2.3 IGBT & Thyristor Market Breakdown and Data Triangulation
    2.4 Research Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 35)
    4.1 Attractive Market Opportunities in the IGBT and Thyristor Market
    4.2 Thyristor Market—Top Three Applications
    4.3 Thyristor Market, By Packaging Type and Power Rating
    4.4 APAC is the Major Consumer of the Thyristor Market in 2015
    4.5 Country-Wise Analysis: IGBT vs Thyristor Markets
    4.6 Thyristor Market, By Application

5 Market Overview (Page No. - 39)
    5.1 Introduction
    5.2 IGBT & Thyristor Market Evolution
    5.3 IGBT & Thyristor Market Segmentation
    5.4 IGBT & Thyristor Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Demand to Upgrade the Aging Power Infrastructure in Developed Geographical Regions
                    5.4.1.2 Growth in the Establishment of Offshore Wind Farm
                    5.4.1.3 Government Initiatives to Establish HVDC Grid
           5.4.2 Restraints
                    5.4.2.1 High Infrastructure Deployment Cost
           5.4.3 Opportunities
                    5.4.3.1 Increasing Demand From Consumer Electronics Sector
                    5.4.3.2 Growing Demand for Deployment of Low Carbon Emission Power System
                    5.4.3.3 Deployment of Smart Grid Will Boost the Market
           5.4.4 Challenges
                    5.4.4.1 Decline in Installations of PV & Turbines and Production of High Speed Trains
                    5.4.4.2 Unawareness Regarding the Benefits of Facts
    5.5 Winnng Imperative
           5.5.1 Replacement of Mosfet’s With IGBT in Evs/Hevs

6 Industry Trends (Page No. - 50)
    6.1 Value Chain Analysis
    6.2 Supply Chain Analysis
    6.3 Porter’s Five Forces Model
           6.3.1 Threat of New Entrants
           6.3.2 Threat of Subsitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry

7 IGBT Market (Page No. - 61)
    7.1 Introduction
    7.2 Packaging Type
    7.3 Discrete IGBT
    7.4 IGBT Module
    7.5 Power Rating
    7.6 Low Power IGBT
    7.7 Medium-Power IGBT
    7.8 High Power IGBT
    7.9 By Application
    7.10 Power
            7.10.1 HVDC
            7.10.2 Facts
    7.11 Renewable Energy
            7.11.1 PV
            7.11.2 Wind
    7.12 Rail Traction
    7.13 UPS
    7.14 EV/HEV
    7.15 Motor Drive
            7.15.1 Industrial Motor
            7.15.2 Commercial Motor
            7.15.3 Residential Motor
    7.16 Consumer Electronics
    7.17 Other Applications

8 Thyristor Market (Page No. - 95)
    8.1 Introduction
    8.2 Thyristor Market, By Application
           8.2.1 Power
           8.2.2 Motor Control
           8.2.3 Light Dimmer
           8.2.4 Pressure Control System
           8.2.5 Liquid Level Regulator
           8.2.6 Thyristor Market Size for Other Applications

9 Geographic Analysis (Page No. - 107)
    9.1 Introduction
    9.2 The Americas
           9.2.1 U.S.
           9.2.2 Canada
           9.2.3 Others
    9.3 Europe
           9.3.1 France
           9.3.2 Germany
           9.3.3 U.K.
           9.3.4 Others
    9.4 Asia-Pacific
           9.4.1 China
           9.4.2 Japan
           9.4.3 South Korea
           9.4.4 India
           9.4.5 Others
    9.5 Rest of the World

10 Competitive Landscape (Page No. - 135)
     10.1 Overview
     10.2 IGBT & Thyristor Market Share Analysis
     10.3 Competitive Scenario
             10.3.1 New Product Launches
             10.3.2 Collaborations and Joint Ventures
             10.3.3 Expansions
             10.3.4 Acquisitions
             10.3.5 Other Developments

11 Company Profiles (Page No. - 143)
(Overview, Products and Services, Financials, Strategy & Development)*
     11.1 Introduction
     11.2 Mitsubishi Electric Corp.
     11.3 Infineon Technologies AG
     11.4 Fuji Electric Co., Ltd.
     11.5 Fairchild Semiconductor International, Inc.
     11.6 Semikron International GmbH
     11.7 Hitachi, Ltd.
     11.8 Toshiba Corp
     11.9 Renesas Electronics Corp.
     11.10 Danfoss A/S
     11.11 ABB Ltd.

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 169)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Introducing RT: Real-Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports


List of Tables (80 Tables)

Table 1 Growing Demand to Upgrade the Power Infrastructure in Developed Economies Would Propel the Growth of the IGBT and Thyristor Market
Table 2 High Infrastructure Deployment Cost and Lack of Awareness Regarding the Benefits of Facts are Restraining the Growth of IGBT and Thyristor Market
Table 3 Incresing Demand From Consumer Electronics Sector and De-Carbonisation of Power Systems are the Growth Opportunities for IGBT and Thyristor Market
Table 4 Porter’s Five Forces Analysis With Their Weightage Impact
Table 5 Thyristor Market Size, By Packaging Type, 2013–2020 ($Million)
Table 6 Discrete IGBT Market Size, By Power Rating, 2013–2020 ($Million)
Table 7 Discrete IGBT Market Size, By Application, 2013 -2020, ($Million)
Table 8 Discrete IGBT Market Size, By Geography, 2013–2020 ($Million)
Table 9 IGBT Module Market Size, By Power Rating, 2013–2020 ($Million)
Table 10 IGBT Module Market Size, By Application, 2013 -2020, ($Million)
Table 11 IGBT Module Market Size, By Geography, 2013–2020 ($Million)
Table 12 IGBT Market Size, By Power Rating, 2013–2020 ($Million)
Table 13 Low Power IGBT Market Size, By Packing Type, 2013–2020 ($Million)
Table 14 Low Power IGBT Market Size, By Application, 2013 -2020, ($Million)
Table 15 Medium Power IGBT Market Size, By Packing Type, 2013–2020 ($Million)
Table 16 Medium Power IGBT Market Size, By Application, 2013 –2020, ($Million)
Table 17 High Power IGBT Market Size, By Application, 2013–2020, ($Million)
Table 18 IGBT Market Size, By Application, 2013–2020 ($Million)
Table 19 IGBT Market Size for Power Application, 2013–2020 ($Million)
Table 20 Thyristor Market Size for Power Application, By Packaging Type, 2013–2020, ($Million)
Table 21 IGBT Market Size for Power Application, By Power Rating, 2013–2020, ($Million)
Table 22 IGBT Market Size for Power Application, By Geography, 2013–2020 ($Million)
Table 23 IGBT Market Size for Renewable Energy Application, 2013–2020 ($Million)
Table 24 IGBT Market Size for Renewable Energy Application, By Packaging Type, 2013–2020, ($Million)
Table 25 Thyristor Market Size for Renewable Energy Application, By Power Rating, 2013–2020, ($Million)
Table 26 IGBT Market Size for Renewable Energy Application, By Geography, 2013–2020 ($Million)
Table 27 IGBT Market Size for Rail Traction Application, By Packaging Type, 2013-2020, ($Million)
Table 28 IGBT Market Size for Rail Traction Application, By Power Rating, 2013-2020, ($Million)
Table 29 IGBT Market Size for Rail Traction Application, By Geography, 2013–2020 ($Million)
Table 30 IGBT Market Size for UPS Application, By Packaging Type, 2013-2020 ($Million)
Table 31 IGBT Market Size for UPS Application, By Power Rating, 2013–2020, ($Million)
Table 32 IGBT Market Size for UPS Application, By Geography, 2013–2020 ($Million)
Table 33 IGBT Market Size for EV/HEV Application, By Packaging Type, 2013–2020 ($Million)
Table 34 Thyristor Market Size for EV/HEV Application, By Geography, 2013–2020 ($Million)
Table 35 IGBT Market Size for Motor Drive Application, 2013–2020 ($Million)
Table 36 IGBT Market Size for Motor Drive Application, By Packaging Type, 2013–2020 ($Million)
Table 37 IGBT Market Size for Motor Drive Application, By Power Rating, 2013-2020, ($Million)
Table 38 IGBT Market Size for Motor Drive Application, By Geography, 2013–2020 ($Million)
Table 39 Thyristor Market Size for Consumer Electronics Application, By Packaging Type, 2013–2020 ($Million)
Table 40 IGBT Market Size for Consumer Electronics Application, By Power Rating, 2013-2020, ($Million)
Table 41 IGBT Market Size for Consumer Electronics Application, By Geography, 2013–2020 ($Million)
Table 42 IGBT Market Size for Other Application, By Packaging Type, 2013–2020 ($Million)
Table 43 IGBT Market Size for Other Application, By Power Rating, 2013–2020, ($Million)
Table 44 Thyristor Market Size for Other Application, By Geography, 2013–2020 ($Million)
Table 45 Thyristor Market Size, By Application, 2013–2020 ($Million)
Table 46 Thyristor Market Size for Power Application, 2013–2020 ($Million)
Table 47 Thyristor Market Size for Power Application, By Region, 2013–2020 ($Million)
Table 48 Thyristor Market Size for the Motor Control Application, By Region, 2013–2020 ($Million)
Table 49 Thyristor Market Size for the Light Dimmer Application, By Region, 2013–2020 ($Million)
Table 50 Thyristor Market Size for the Pressure Control System Application, By Region, 2013–2020 ($Million)
Table 51 Thyristor Market Size for the Liquid Level Regulator Application, By Region, 2013–2020 ($Million)
Table 52 Thyristor Market Size for Other Application, By Region, 2013–2020 ($Million)
Table 53 IGBT Market Size, By Region, 2013–2020 ($Million)
Table 54 Thyristor Market Size, By Region, 2013–2020 ($Million)
Table 55 The Americas IGBT Market Size, By Country, 2013–2020 ($Million)
Table 56 The Americas Thyristor Market Size, By Country, 2013–2020 ($Million)
Table 57 The Americas IGBT Market Size, By Packaging Type, 2013–2020 ($Million)
Table 58 The Americas IGBT Market Size, By Application, 2013–2020 ($Million)
Table 59 The Americas Thyristor Market Size, By Application, 2013–2020 ($Million)
Table 60 Europe IGBT Market Size, By Country, 2013–2020 ($Million)
Table 61 Europe Thyristor Market Size, By Country, 2013–2020 ($Million)
Table 62 Europe IGBT Market Size, By Packaging Type, 2013–2020 ($Million)
Table 63 Europe IGBT Market Size, By Application, 2013–2020 ($Million)
Table 64 Europe Thyristor Market Size, By Application, 2013–2020 ($Million)
Table 65 APAC IGBT Market Size, By Country, 2013–2020 ($Million)
Table 66 APAC Thyristor Market Size, By Country, 2013–2020 ($Million)
Table 67 APAC IGBT Market Size, By Packaging Type, 2013–2020 ($Million)
Table 68 APAC Thyristor Market Size, By Application, 2013–2020 ($Million)
Table 69 APAC Thyristor Market Size, By Application, 2013–2020 ($Million)
Table 70 RoW IGBT Market Size, By Country, 2013–2020 ($Million)
Table 71 RoW Thyristor Market Size, By Country, 2013–2020 ($Million)
Table 72 RoW IGBT Market Size, By Packaging Type, 2013–2020 ($Million)
Table 73 RoW Thyristor Market Size, By Application, 2013–2020 ($Million)
Table 74 RoW Thyristor Market Size, By Application, 2013–2020 ($Million)
Table 75 List of the Major Players of the Thyristor Market
Table 76 Most Significant New Product Launches in the IGBT and Thyristor Market
Table 77 Most Significant Collaboration and Joint Ventures in the IGBT and Thyristor Market
Table 78 Recent Expansions of the IGBT and Thyristor Market
Table 79 Recent Acquisitions of the IGBT and Thyristor Market
Table 80 Other Recent Developments in the IGBT and Thyristor Market


List of Figures (99 Figures)

Figure 1 Research Design
Figure 2 Process Flow of Market Size Estimation
Figure 3 IGBT & Thyristor Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 IGBT & Thyristor Market Breakdown & Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Limitations of the Research Study
Figure 8 IGBT Modules are More in Demand Than the Discrete IGBTs
Figure 9 Medium Power IGBT Accounted for Around the Two-Third of the Overall IGBT Market in 2015
Figure 10 Motor Drive Application to Dominate the IGBT Market Till 2020
Figure 11 Power Application is the Fastest Growing Segment in the Thyristor Market During the Forecast Period
Figure 12 Asia-Pacific Would Be the Largest and the Fastest Growing Region in the IGBT Market Throughout the Forecast Period
Figure 13 Europe Accounted for the Largest Market Share in the Thyristor Market in 2015
Figure 14 The IGBT Market is Expected to Grow at A CAGR of 9.5% and the Thyristor Market at A CAGR of 7.9%, From 2015 to 2020
Figure 15 Motor Drive Application Holds the Largest Share in the IGBT Market
Figure 16 Discrete IGBT Hold the Maximum Share in the IGBT Market; Whereas Medium-Power IGBTs are Widely Used
Figure 17 Asia-Pacific Accounted for the Largest Share of the Overall IGBT Market
Figure 18 In the IGBT Market, Asian Countries are the Major Share Holder; However, for the Thyristor Market European Contries are Leading the Way
Figure 19 Power Application is the Fastest Growing Application of the Thyristor Market During the Forecast Period
Figure 20 Evolution of IGBT Component
Figure 21 IGBT Market Segmentation
Figure 22 Thyristor Market Segmentation
Figure 23 IGBT and Thyristor Market, By Region
Figure 24 Growing Demand to Upgrade the Power Infrastructure in Developed Economies and Various Government Initiatives Would Spur the Growth of the IGBT and Thyristor Market
Figure 25 Global Shipment of Electric Vehicles, From 2010 to 2014
Figure 26 Value Chain Analysis: Major Value is Added During Semiconductor Material Supply, Discrete Component Manufacturing, and Module Manufacturing
Figure 27 Supply Chain Analysis
Figure 28 Porter’s Five Forces Analysis
Figure 29 Bargaining Power of Buyers and Threat From New Entrants to Have A Medium Impact on the IGBT Market
Figure 30 The Impact of Threat of New Entrants is Medium From 2014 to 2020
Figure 31 The Impact of Threat of Subsitutes is Currently Low and Would Gradually Increase to Medium By 2020
Figure 32 Ratio Size-Supplier to Buyer Pool and Financial Power of Suppliers are Highly Impacting Suppliers’ Power
Figure 33 Ratio Size-Supplier to Buyer Pool and Technology Factors- Products and Solutions are Impacting the Buyers Power
Figure 34 The Impact of Intensity of Competitive Rivalry is Medium From 2014 to 2020
Figure 35 IGBT Market Size, 2013-2020 ($Million)
Figure 36 IGBT Module is Expected to Be the Fastest-Growing Packaging Type Market
Figure 37 Discrete Thyristor Market Size, By Geography, Comparison (2015 vs 2020)
Figure 38 IGBT Module Market Size, By Geography, Comparison (2015 vs 2020)
Figure 39 High Power IGBT is Expected to Be the Fastest-Growing Power Rating Market
Figure 40 High Power IGBT Market Size, By Packing Type, 2013–2020 ($Million)
Figure 41 Power is Expected to Be the Fastest-Growing Application Market for IGBT
Figure 42 IGBT Market Size for Power Application, Comparison (2015 vs 2020)
Figure 43 IGBT Market Size for Power Application, By Geography, Comparison (2015 vs 2020)
Figure 44 IGBT Market Size for Renweable Energy Application, Comparison (2015 vs 2020)
Figure 45 IGBT Market Size for Renewable Energy Application, By Geography, Comparison (2015 Vs.2020)
Figure 46 IGBT Market Size for Rail Traction Application, By Geography, Comparison (2015 vs 2020)
Figure 47 IGBT Market Size for UPS Application, By Geography, Comparison (2015 vs 2020)
Figure 48 IGBT Market Size for EV/HEV Application, By Power Rating, 2013-2020, ($Million)
Figure 49 IGBT Market Size for EV/HEV Application, By Geography, Comparison (2015 vs 2020)
Figure 50 IGBT Market Size for Motor Drive Application, Comparison (2015 vs 2020)
Figure 51 IGBT Market Size for Motor Drive Application, By Geography, Comparison (2015 vs 2020)
Figure 52 IGBT Market Size for Consumer Electronics Application, By Geography, Comparison (2015 vs 2020)
Figure 53 IGBT Market Size for Other Application, By Geography, Comparison (2015 vs 2020)
Figure 54 Thyristor Market Size, 2013–2020 ($Million)
Figure 55 Power Application is Expected to Be the Fastest-Growing in the Thyristor Market, Comparison (2015 Vs.2020)
Figure 56 Comparison of Power Applications in the Thyristor Market, 2015 vs 2020
Figure 57 Comparison of Power Applications in the Thyristor Market, 2015 vs 2020
Figure 58 Comparison of Motor Control Applications in the Thyristor Market, 2015 vs 2020
Figure 59 Comparison of Light Dimmer Applications in the Thyristor Market, 2015 vs 2020
Figure 60 Comparison of Pressure Control System Applications in the Thyristor Market, 2015 vs 2020
Figure 61 Comparison of Liquid Level Regulator Applications in the Thyristor Market, 2015 vs 2020
Figure 62 Comparison of Other Applications in the Thyristor Market, 2015 vs 2020
Figure 63 Geographic Snapshot for IGBT Market
Figure 64 APAC Dominates the IGBT Market in 2015
Figure 65 Geographic Snapshot for Thyristor Market
Figure 66 APAC to Grow at the Fastest Growth Rate During the Forecast Period
Figure 67 Americas IGBT and Thyristor Market Snapshot
Figure 68 The Americas IGBT Market Size, By Country, Comparison (2015 vs 2020)
Figure 69 The Americas Thyristor Market Size, By Country, Comparison (2015 vs 2020)
Figure 70 The European IGBT and Thyristor Market Snapshot
Figure 71 Europe IGBT Market Size, By Country, Comparison ( 2015 vs 2020)
Figure 72 Europe Thyristor Market Size, By Country, Comparison (2015 vs 2020)
Figure 73 APAC IGBT and Thyristor Market Snapshot
Figure 74 APAC IGBT Market Size, By Country, Comparison (2015 vs 2020)
Figure 75 APAC Thyristor Market Size, By Country, Comparison (2015 vs 2020)
Figure 76 RoW IGBT & Thyristor Market Snapshot
Figure 77 RoW IGBT Market Size, By Country, Comparison (2015 vs 2020)
Figure 78 RoW Thyristor Market Size, By Country, Comparison (2015 vs 2020)
Figure 79 Companies Adopted Product Innovation as the Key Growth Strategy From 2013 to 2015
Figure 80 Semikron International GmbH has Emerged as the Fastest-Growing Company
Figure 81 IGBT & Thyristor Market Shares of the Top Five Players in the IGBT Market, 2014
Figure 82 IGBT & Thyristor Market Evaluation Framework
Figure 83 Battle for the Market Share: New Product Launches is the Key Strategy
Figure 84 Geographic Revenue Mix of Top 5 IGBT Market Players
Figure 85 Competitive Benchmarking of Key Market Players (2010-2014)
Figure 86 Mitsubishi Electric Corp.: Company Snapshot
Figure 87 SWOT Analysis
Figure 88 Infineon Technologies AG: Company Snapshot
Figure 89 SWOT Analysis
Figure 90 Fuji Electric Co., Ltd.: Company Snapshot
Figure 91 SWOT Analysis
Figure 92 Fairchild Semiconductor International, Inc.: Company Snapshot
Figure 93 SWOT Analysis
Figure 94 SWOT Analysis
Figure 95 Hitachi Ltd.: Company Snapshot
Figure 96 Toshiba Corp.: Company Snapshot
Figure 97 Renesas Electronics Corp.: Company Snapshot
Figure 98 Danfoss A/S: Company Snapshot
Figure 99 ABB Ltd.: Company Snapshot

The electric power is an essential part of modern society and the absence of power supply would have devastating repercussions on human life. The transmission system is loaded up to their limits and the power trading with varying load patterns can contribute to an increasing congestion in urban cities. The IGBT and thyristor were developed to take the advantage of the short switching time and the low switching loss of the Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) and the high breakdown voltage, and low conduction losses of the BJT, in order to fulfil the demands of the current electric system.

The factors driving the growth of the IGBT and thyristor market include the demand to upgrade the aging power infrastructure in the developed geographical regions, growth in the establishment of offshore wind farm, and the government initiatives to establish HVDC grid. On the other hand, the factors restraining the market’s growth are economic uncertainties, high infrastructure deployment cost, and unawareness regarding the benefits of FACTS.

However, short term opportunities such as increasing demand from consumer electronics sector, growing demand for deployment of low carbon emission power system, and the deployment of smart grid will boost the IGBT and thyristor market in the near future. While, replacement of MOSFET’s with IGBT in EVs/HEVs would be a captivating for the existing as well as new entrants.

IGBT and Thyristor Market Size, 2013–2020 ($Million)

IGBT Market

Source: MarketsandMarkets Analysis

The market size of the IGBT market is expected to grow at a CAGR of 9.5% from 2015 to 2020; whereas, the market size of the thyristor market is expected to grow at a CAGR of 7.9% from 2015 to 2020. This report focuses on detailed segmentations of the market, combined with qualitative and quantitative analyses of each and every aspect of the classification on the basis of packaging type, power rating, application, and region. All the numbers, at each level of detail, are forecasted till 2020 to give a glimpse of the potential market size in terms of value in this market.

Major players in the IGBT and thyristor market include ABB Ltd. (Switzerland), Danfoss A/S (Denmark), Fairchild Semiconductor International, Inc. (U.S.), Fuji Electric Co. Ltd. (Japan), Hitachi Ltd. (Japan), Infineon Technologies AG (Germany), Mitsubishi Electric Corp. (Japan), Renesas Electronics Corp. (Japan), SEMIKRON International GmbH (Germany), and Toshiba Corp. (Japan) among others.

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