IGBT Market worth $8,256.3 Million and Thyristor Market worth $3,632.0 Million by 2020

According to the new market research report "IGBT & Thyristor Market by Packaging Type (Discrete & Module), Power Rating, & Application (Power, Renewable, Rail, UPS, EV/HEV, Motor Drive, & Consumer Electronics), & Geography - Global Analysis & Forecast to 2020", the market size of the IGBT market is expected is expected to reach $8,256.3 Million, at a CAGR of 9.5% from 2015 to 2020, whereas the market size of the thyristor market is expected to reach $3,632.0 Million, at a CAGR of 7.9% from 2015 to 2020, which includes an in-depth analysis of packaging types, power rating, application, and regions.

Browse 80 market tables and 99 figures spread through 177 pages and an in-depth TOC on “IGBT Market and Thyristor Market - Global Analysis & Forecast to 2020”.

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The IGBT and thyristor market entails a great potential across various applications. The factors driving the growth of the IGBT and thyristor market include the demand to upgrade the aging power infrastructure in the developed geographical regions, growth in the establishment of offshore wind farm, and the government initiatives to establish HVDC grid.

This report describes the market trends, drivers, and challenges with respect to the IGBT and thyristor market and forecasts the market up to 2020. The report gives a detailed view of the market across the four regions, namely, the Americas, Europe, Asia-Pacific, and the Rest of the World. The APAC is the largest region for IGBT market and Europe is the largest region for thyristor market in terms of size. However, the APAC region has been identified as the fastest-growing region for the IGBT and thyristor market. The report profiles the 10 most promising players in the IGBT and thyristor market.

The competitive landscape of the market presents a very interesting picture, wherein the market players from the OEM blocks of the IGBT and the thyristor market value chain have come together and have become a force to reckon with. The market is witnessing large-scale contracts and new product launches across the value chain with a number of Tier 1 players around the globe.

Major players in this market include: ABB Ltd. (Switzerland), Danfoss A/S (Denmark), Fairchild Semiconductor International, Inc. (U.S.), Fuji Electric Co. Ltd. (Japan), Hitachi Ltd. (Japan), Infineon Technologies AG (Germany), Mitsubishi Electric Corp. (Japan), Renesas Electronics Corp. (Japan), SEMIKRON International GmbH (Germany), and Toshiba Corp. (Japan) among others.

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