IGBTs and EVs
Vehicle electrification is heavily impacting the IGBT market, with huge volumes and significant added value because of the power modules used. Vehicle volume will be critical by 2018, and the IGBT market for electrified vehicles will triple over the next six years, says a Yole Développement report. The report says electrified vehicles will represent almost 50% of the IGBT market by 2020.
Stimulated by the electric vehicles market and its own maturity, IGBT devices is a dynamic market, with a 10% CAGR expected from 2014 – 2020. While IGBTs for the consumer and white goods markets are expected to lose market share over time, other markets, i.e. grid, photovoltaics, and UPS (driven by data center growth), are very dynamic. In terms of voltage evolution, high and very high voltage IGBTs will gain market share in the coming years.
In this report, Yole Développement presents its updated IGBT market forecasts, with a split by voltage and application. Sub-segments are also analyzed for each of the six main power electronics applications. This report provides an overview of updated market share, with a split between power module makers and discrete component makers. A description of the supply chain and the companies involved is also provided for each key power electronics application. For more information, see IGBT Market and Technology Trends .
IGBTs and thyristors
According to the report “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 “ from Research and Markets also expects a healthy growth for these discrete devices. 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.
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