The analysts forecast the global IGBT market to grow at a CAGR of 11.50% during the period 2017-2021.
Global IGBT Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is Functional consolidation of semiconductor devices. The trend toward digitalization can be seen in industries that push digital control of power to make inverters, drive controls, and other electrical equipment compatible to Industrial Internet.
As a result, the integration of other semiconductor components such as sensors, ICs, and microcontrollers with IGBT devices can happen for efficient and easier control.
One of the major drivers for this market is Increase in demand for electric and hybrid electric vehicles. Government initiatives for controlling rising environmental concerns and volatile oil prices are helping accelerate the shift to electric vehicles.
It is estimated that EVs and HEVs can reduce the oil consumption by more than one-third by 2020 as electricity is cheap and provides a big cost advantage over gasoline and petroleum.
- Fuji Electric
- Infineon Technologies
- Mitsubishi Corporation
Other prominent vendors
- Alpha and Omega Semiconductor
- IXYS Corporation
- ON Semiconductor
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Market segmentation by product
Part 08: Geographical segmentation
Part 09: Decision framework
Part 10: Drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/5g662f/global_igbt