IGBTs and thyristors market is anticipated to grow at a CAGR of 4.5% during the forecast period (2024-2031). IGBTs and Thyristors are two types of semiconductor devices with three terminals and both of them are used to control currents. Both devices have a controlling terminal called ‘gate’, but have different principals of operation.
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Globally, the market for IGBTs and thyristors is expanding quickly as a result of infrastructural development and urbanization. An approach to addressing the world’s increasing urban population is the implementation of modern infrastructure, including energy grids, intelligent buildings, and transportation networks. These infrastructures will require sophisticated power electronic technologies to have effective energy management, control, and distribution. Industrial automation, smart grids, renewable energy systems, and Electric Vehicles (EVs) are a few crucial uses for IGBTs and thyristors.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global IGBTs and Thyristors Market by Packaging Type
- IGBT and Thyristors Discrete
- IGBT and Thyristors Module
Global IGBTs and Thyristors Market by Voltage
- Low Voltage IGBTs and Thyristors
- Medium Voltage IGBTs and Thyristors
- High Voltage IGBTs and Thyristors
Global IGBTs and Thyristors Market by Application
- Power Transmission Systems
- Renewable Energy
- Rail Traction Systems
- Uninterruptible Power Supply (UPS)
- Others (Electric and Hybrid Electric Vehicles)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- ABB, Ltd.
- Darrah Electric Company
- Diodes, Inc.
- Dow Inc.
- Dynex Semiconductor, Ltd.
- Fuji Electric Co., Ltd.
- Hitachi, Ltd.
- KYOCERA Corporation
- Littelfuse, Inc.
- Microchip Technology, Inc.
- New Jersey Semiconductor Products Inc
- Nexperia BV
- Renesas Electronics Corporation
- ROHM Co., Ltd.
- SanRex Corp.
- SEMIKRON Group
- Silicon Power Corp.
- StarPower Europe AG
- Vishay Intertechnology, Inc.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global IGBTs and thyristors market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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