According to our (Global Info Research) latest study, the global IGBT and SiC Module market size was valued at USD 6546.2 million in 2022 and is forecast to a readjusted size of USD 20490 million by 2029 with a CAGR of 17.7% during review period.
This report studies the IGBT modules and Silicon Carbide (SiC) Modules.
An IGBT Power Module is a power semiconductor component used in power electronic devices in several industries as they have high-power efficiency, high blocking voltage, and ability to work in low power. An IGBT Power Module is formed by arranging several IGBTs in parallel in a single casing.
Silicon carbide as a semiconductor has a wide band-gap, used in MOSFET it has very low switching losses and therefore allows higher switching frequencies compared to regular silicon devices. At the same time, it can be operated at higher temperatures and at higher voltages compared to traditional Si semiconductors. The use of SiC power semiconductors is expected to grow exponentially due to its crucial efficiency characteristics that enables cost reductions while at the same time improving system performance in a variety of applications such as EV chargers, solar inverters, e-mobility, and motor drives.
The global key players of IGBT Power Module include Infineon, Mitsubishi Electric (Vincotech), Fuji Electric, Semikron Danfoss, StarPower Semiconductor, BYD, and Zhuzhou CRRC Times Electric, etc. The global six biggest players hold a share of 77 %.
The key players of SiC MOSFET modules are STMicroelectronics, Infineon, Wolfspeed, Rohm, Onsemi, BYD Semiconductor, Microchip (Microsemi), Mitsubishi Electric (Vincotech) and Semikron Danfoss, etc. The top three players hold a share over 70 percent in 2022.
The Global Info Research report includes an overview of the development of the IGBT and SiC Module industry chain, the market status of Automotive & EV/HEV (IGBT Modules, SiC Modules), Industrial Control (IGBT Modules, SiC Modules), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of IGBT and SiC Module.
Regionally, the report analyzes the IGBT and SiC Module markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global IGBT and SiC Module market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the IGBT and SiC Module market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the IGBT and SiC Module industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., IGBT Modules, SiC Modules).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the IGBT and SiC Module market.
Regional Analysis: The report involves examining the IGBT and SiC Module market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the IGBT and SiC Module market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to IGBT and SiC Module:
Company Analysis: Report covers individual IGBT and SiC Module manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards IGBT and SiC Module This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive & EV/HEV, Industrial Control).
Technology Analysis: Report covers specific technologies relevant to IGBT and SiC Module. It assesses the current state, advancements, and potential future developments in IGBT and SiC Module areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the IGBT and SiC Module market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
IGBT and SiC Module market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
IGBT Modules
SiC Modules
Market segment by Application
Automotive & EV/HEV
Industrial Control
Consumer Appliances
Wind power, PV, Energy Storage
Rail Transport
UPS, Data Center & Server
Military & Avionics
Others
Major players covered
Infineon
Mitsubishi Electric (Vincotech)
Fuji Electric
Semikron Danfoss
Hitachi Power Semiconductor Device
Bosch
onsemi
Toshiba
Littelfuse (IXYS)
Microchip (Microsemi)
STMicroelectronics
Vishay
Denso
SanRex Corporation
Cissoid
StarPower Semiconductor
BYD
Zhuzhou CRRC Times Electric
Hangzhou Silan Microelectronics
MacMic Science & Technology
China Resources Microelectronics Limited
Yangzhou Yangjie Electronic Technology
EcoSemitek
BASiC Semiconductor
SemiQ
GE Aerospace
Guangdong AccoPower Semiconductor
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe IGBT and SiC Module product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of IGBT and SiC Module, with price, sales, revenue and global market share of IGBT and SiC Module from 2018 to 2023.
Chapter 3, the IGBT and SiC Module competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the IGBT and SiC Module breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and IGBT and SiC Module market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of IGBT and SiC Module.
Chapter 14 and 15, to describe IGBT and SiC Module sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on IGBT and SiC Module. Industry analysis & Market Report on IGBT and SiC Module is a syndicated market report, published as Global IGBT and SiC Module Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of IGBT and SiC Module market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.