Insulated Gate Bipolar Transistors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Insulated Gate Bipolar Transistor (IGBT) Market Report is segmented by type (discrete IGBT and modular IGBT), power rating (high power, medium power, low power), application (automotive and EV/HEV, consumer, renewables, UPS, rail, industrial/motor drives), and geography (North America, Europe, Asia Pacific, and Rest of the World). The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.

Insulated Gate Bipolar Transistors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Insulated Gate Bipolar Transistors Industry Overview

The insulated gate bipolar transistor market is moderately competitive, owing to several small and large players operating in domestic and international markets. The players in the market are adopting major strategies, like product innovations, mergers and acquisitions, and strategic partnerships, to widen their product portfolio and expand their geographical reach. Some of the players in the market are Renesas Electronics Corporation, Infineon Technologies AG, and Fuji Electric Co. Ltd., among others.

In August 2022, Renesas Electronics unveiled a new generation of small, high-voltage IGBTs in an effort to improve the power electronics at the core of EVs. These devices have current ratings of up to 300 A and can withstand voltages of up to 1,200 V. Automakers will be able to conserve battery power and increase the range of EVs by saving power in the company's AE5 series of IGBTs.

Insulated Gate Bipolar Transistors Market Leaders

  1. Infineon Technologies AG

  2. Renesas Electronics Corporation​

  3. Texas Instruments Incorporated

  4. Analog Devices Inc.​

  5. Microchip Technology Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Insulated Gate Bipolar Transistors Market Concentration