Global Industry Analysts Predicts the World Insulated-Gate Bipolar Transistors (IGBT) Market to Reach $8.5 Billion by 2026
SAN FRANCISCO, Oct. 14, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Insulated-Gate Bipolar Transistors (IGBT) - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 9; Released: April 2021
Executive Pool: 1302
Companies: 57 - Players covered include ABB Group; Danfoss A/S; Fuji Electric Co., Ltd.; Hitachi Ltd.; Infineon Technologies AG; Mitsubishi Electric Corporation; ON Semiconductor; Renesas Electronics Corporation; ROHM Co., Ltd.; SEMIKRON International GmbH; Toshiba Corporation and Others.
Coverage: All major geographies and key segments
Segments: End-Use Vertical (Energy & Power, Consumer Electronics, Inverter & UPS, Electric Vehicle, Industrial System, Other End-Use Verticals); Power Rating (High Power, Medium Power, Low Power); Type (Discrete IGBT, IGBT Module)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry
ABSTRACT-
Global Insulated-Gate Bipolar Transistors (IGBT) Market to Reach $8.5 Billion by 2026
Amid the COVID-19 crisis, the global market for Insulated-Gate Bipolar Transistors (IGBT) estimated at US$5.2 Billion in the year 2020, is projected to reach a revised size of US$8.5 Billion by 2026, growing at a CAGR of 8.3% over the analysis period. Discrete IGBT, one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach US$3.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the IGBT Module segment is readjusted to a revised 7.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.5 Billion in 2021, While China is Forecast to Reach $1.9 Billion by 2026
The Insulated-Gate Bipolar Transistors (IGBT) market in the U.S. is estimated at US$1.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2026 trailing a CAGR of 12.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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SOURCE Global Industry Analysts, Inc.
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