Global IGBT And Super Junction MOSFET Market Size To Exceed USD 47.46 Billion By 2033 | CAGR Of 12.5%
Category: Semiconductors & ElectronicsGlobal IGBT And Super Junction MOSFET Market Size To Exceed USD 47.46 Billion By 2033 | CAGR Of 12.5%
According to a research report published by Spherical Insights & Consulting, the Global IGBT And Super Junction MOSFET Market Size is Expected to Grow from USD 14.62 Billion in 2023 to USD 47.46 Billion by 2033, at a CAGR of 12.5% during the forecast period 2023-2033.
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Browse key industry insights spread across 237 pages with 110 Market data tables and figures & charts from the report on the "Global IGBT And Super Junction MOSFET Market Size, Share, and COVID-19 Impact Analysis, By Type (IGBT and Super Junction MOSFET), By Application (Energy and Power, Consumer Electronics, Inverter and UPS, Electric Vehicle, Industrial System, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/igbt-and-super-junction-mosfet-market
IGBT also referred to as the insulated-gate bipolar transistor is a bipolar transistor with an insulated gate terminal that is meant to be utilized in different electronic devices and applications like electric vehicles, consumer electronics, and others. Additionally, IGBT integrates a control input with an MOS structure and a bipolar power transistor that acts as an output switch in one piece of hardware. Moreover, the growing demand for energy efficiency and greater emphasis on renewable energy is expected to be the major driving factor for the IGBT & super junction MOSFET market. Growth in the demand for Electrical transmission efficiency has led to a requirement for more powerful power electronics designs, propelling the IGBT & super junction MOSFET market. Green IT projects of different organizations to reduce power losses and save the environment are anticipated to drive the market during the forecast period. Additionally, the increase in government programs to implement HVDC and smart grids is anticipated to offer a profitable opportunity to grow the IGBT and super junction MOSFET market during the forecast period. However, competition from other power semiconductors is likely to hinder the growth of the global IGBT and super junction MOSFET market during the forecast period.
The IGBT segment accounted for the largest share in 2023 and is projected to grow at a remarkable CAGR during the forecast period.
On the basis of type, the global IGBT and super junction MOSFET market is divided into IGBT and super junction MOSFET. Among these, the IGBT segment accounted for the largest share in 2023 and is projected to grow at a remarkable CAGR during the forecast period. The increase in segment is because their capability to withstand high voltages and currents with minimal power loss renders them appropriate for use in air conditioners, refrigerators, and other home appliances. Furthermore, IGBT modules have been a crucial part of EV powertrains, inverters, and charging stations since they ensure the efficiency and reliability needed to support the high-power levels needed in these applications.
The energy and power segment accounted for the highest revenue share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
On the basis of application, the global IGBT and super junction MOSFET market is divided into energy and power, consumer electronics, inverter and UPS, electric vehicle, industrial system, and others. Among these, the energy and power segment accounted for the highest revenue share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The growing investment in high-voltage direct current (HVDC) transmission grids that are more efficient for long-distance power transmission has increased the demand for semiconductor devices further.
Asia Pacific is anticipated to hold the largest share of the global IGBT and super junction MOSFET market over the predicted timeframe.
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Asia Pacific is anticipated to hold the largest share of the global IGBT and super junction MOSFET market over the predicted timeframe. The availability of huge manufacturers in countries like Japan, India, and China is likely to be beneficial for the solar industry. Advances in automotive and PV inverter manufacturing in the Asia Pacific are also expected to drive adoption during the forecast period. Additionally, the expansion of high-speed train networks is estimated to lead to a high demand for power semiconductors.
North America is expected to grow at the fastest CAGR in the global IGBT and super junction MOSFET market during the forecast period. Regional development is fueled by the growing acceptance of EVs as the country transitions towards more environmentally friendly means of transportation. In addition to this, the evolution of smart grids necessitates the use of sophisticated power transistors like IGBT and super junction MOSFET to support high-speed switching and minimize losses in power to make the grid stable and reliable.
Major vendors in the global IGBT and super junction MOSFET market are STMicroelectronics, ROHM CO., LTD., Infineon Technologies AG, TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION, Infineon Technologies AG, Semikron Danfoss, Mitsubishi Electric Corporation, Fuji Electric Co., Ltd., StarPower Europe AG, MACMIC, NXP Semiconductors, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
In July 2023, ROHM has indeed expanded its PrestoMOS™ lineup of 600V Super Junction MOSFETs with three new models in the R60xxRNx series. These new devices are optimized for driving small motors in applications like refrigerators and ventilation fans, where noise suppression is crucial.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global IGBT and super junction MOSFET market based on the below-mentioned segments:
Global IGBT And Super Junction MOSFET Market, By Type
- IGBT
- Super Junction MOSFET
Global IGBT And Super Junction MOSFET Market, By Application
- Energy and Power
- Consumer Electronics
- Inverter and UPS
- Electric Vehicle
- Industrial System
- Others
Global IGBT And Super Junction MOSFET, Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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