What is the current Insulated Gate Bipolar Transistors Market size?

The Insulated Gate Bipolar Transistors Market is projected to register a CAGR of 7.45% during the forecast period (2024-2029) Read More

Who are the key players in Insulated Gate Bipolar Transistors Market?

Infineon Technologies AG, Renesas Electronics Corporation, Texas Instruments Incorporated, Analog Devices Inc. and Microchip Technology Inc. are the major companies operating in the Insulated Gate Bipolar Transistors Market. Read More

Which is the fastest growing region in Insulated Gate Bipolar Transistors Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Insulated Gate Bipolar Transistors Market?

In 2024, the Asia Pacific accounts for the largest market share in Insulated Gate Bipolar Transistors Market. Read More

What years does this Insulated Gate Bipolar Transistors Market cover?

The report covers the Insulated Gate Bipolar Transistors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Insulated Gate Bipolar Transistors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Insulated Gate Bipolar Transistors Market Share

Statistics for the 2023 & 2024 Insulated Gate Bipolar Transistors market share, created by Mordor Intelligence™ Industry Reports. Insulated Gate Bipolar Transistors share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Insulated Gate Bipolar Transistors Industry

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.