IGBT Market worth $6.48 Billion and Thyristor Market worth $3.20 Billion by 2018

Wednesday 12 February 2014, Amsterdam

The Global IGBT and Thyristor Market by application is in its growth stage, however, it contains a great potential across many industry verticals. The IGBT is gaining attention due to lower switching losses that reduces thermal stress on the electric devices and leads to longer life cycle and greater reliability. The highlighting features like high efficiency, external thermal performance and soft switching operations have made IGBT the best suited device in electronic market. The aging power infrastructure in developed geographical regions demands replacement, increasing number of offshore wind farm, increase in the government incentivization to establish HVDC grid. De-carbonization of power system and deployment of smart grid will boost IGBT and Thyristor market which would be the captivating essentials for new entrants as well as winning opportunities for the established players.

This report describes the market trends, drivers, and challenges with respect to the Global IGBT and Thyristor market and forecasts the market to 2018, based on applications and geography. This global report gives a detail view of the market across geographies - North America (U.S., Canada, and others), Europe (U.K., Germany, and others), the Asia-Pacific (China, Japan, Korea, and others), and ROW (Russia, and others). Europe is the largest geography in terms of the IGBT and Thyristor market value. APAC has been identified as the fastest growing region, with China and Japan leading the way. North America and ROW are also very promising markets, with Germany and the U.K. in Europe, and the Middle-East and Latin America in ROW providing impetus to the growth. The report profiles more than 10 promising players in the IGBT and Thyristor market ecosystem.

The competitive landscape of the market presents a very interesting picture, where large number of small players has become a force to reckon with. The market is witnessing large scale collaboration and partnership across the value chain with number of tier-one players around the globe.

Major players in this IGBT and Thyristor market byapplication includes: ABB Ltd. (Switzerland), Fairchild Semiconductor International Inc. (U.S.), Fuji Electric Co. (Japan), Hitachi Ltd. (Japan), Infineon Technologies AG (Germany) and so on.