Global IGBT & Thyristor Markets Report 2022-2027 - Growing Inclination Toward Use of Electric and Hybrid Electric Vehicles - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global IGBT & Thyristor Market (2022-2027) by Packaging Type, Power Rating, Voltage, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global IGBT & Thyristor Market is estimated to be USD 5.2 Bn in 2022 and is projected to reach USD 6.64 Bn by 2027, growing at a CAGR of 5%.

Market dynamics are forces that impact the prices and behaviors of the Global IGBT & Thyristor Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

Some of the companies covered in this report are ABB Ltd, Central Semiconductor Corp, Danfoss, Fuji Electric Co. Ltd, Hitachi Ltd, Infineon Technologies AG, Littelfuse Inc, Mitsubishi Electric Corp, New Jersey Semiconductor, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global IGBT & Thyristor Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company.

The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market

Market Dynamics

Drivers

• Initiatives of Governments across Various Countries Toward Replacement of Aging Power Infrastructure
• Adoption of Electric Motors in Industrial, Commercial, and Residential Applications

Restraints

• High Infrastructure Development Cost and Lack of Technology Awareness

Opportunities

• Increasing Adoption of Renewable Energy Sources
• Growing Inclination Toward Use of Electric and Hybrid Electric Vehicles

Challenges

• Complex Structure of Firing Circuits of IGBTS and Thyristors

Companies Mentioned

• ABB Ltd
• Central Semiconductor Corp
• Danfoss
• Fuji Electric Co. Ltd
• Hitachi Ltd
• Infineon Technologies AG
• Littelfuse Inc
• Mitsubishi Electric Corp
• New Jersey Semiconductor
• On Semiconductor
• Powerex Inc
• Renesas Electronics Corp
• Rohm Co. Ltd
• Schneider Electric
• Semikron
• Siemens AG
• Silicon Power Corp
• Starpower Semiconductor Ltd
• Stmicroelectronics
• Toshiba Corp
• Vishay Intertechnology

For more information about this report visit https://www.researchandmarkets.com/r/j0g89j