Global IGBT Market 2020-2024

Global IGBT Market 2020-2024

  • September 2020 •
  • 120 pages •
  • Report ID: 5028450 •
  • Format: PDF
Global IGBT Market 2020-2024
The analyst has been monitoring the IGBT market and it is poised to grow by $ 3.77 bn during 2020-2024 progressing at a CAGR of 9% during the forecast period. Our reports on IGBT market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing government support for EV/HEVs and growth in HVDC lines. In addition, increasing government support for EV/HEVs is anticipated to boost the growth of the market as well.
The IGBT market analysis includes segments.1.

The IGBT market is segmented as below:
By Product
• IGBT modules
• Discrete IGBTs

By Application
• Industrial
• Motor drives
• Consumer appliances
• Others

By Geographical Landscapes
• Europe
• North America
• South America

This study identifies the high demand for energy-efficient electronic products as one of the prime reasons driving the IGBT market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our IGBT market covers the following areas:
• IGBT market sizing
• IGBT market forecast
• IGBT market industry analysis