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Global IGBT-based Power Module Market 2016-2020

Global IGBT-based Power Module Market 2016-2020

About IGBT

An IGBT chip has high power efficiency, high blocking voltage, and the ability to work on low power. IGBT and diode dies are combined to form power modules. These are large arrangements of basic building blocks of power electronic equipment. These assembled stacks are configured to cope with the needs of the highest power applications. These modules are used in industrial motors, railroad traction, power supplies, renewable energy, and consumer appliances. These modules are also used to drive electric motors for both automotive and industrial applications.

Technavio’s analysts forecast the global IGBT-based power module market to grow at a CAGR of 8.45% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global IGBT-based power module market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IGBT-based power module sensors.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global IGBT-Based Power Module Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Fairchild Semiconductor International
  • Fuji Electric
  • Infineon Technologies
  • Mitsubishi
  • SEMIKRON
  • STMicroelectronics
Market driver
  • Increase in demand for electric and hybrid vehicles
  • For a full, detailed list, view our report
Market challenge
  • Reduction in size of IGBT modules leading to high power dissipation
  • For a full, detailed list, view our report
Market trend
  • Increase in demand for electric and hybrid vehicles
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global IGBT-Based Power Module Market 2016-2020

Technavio recognizes the following companies as the key players in the global IGBT-based power module market: Fairchild Semiconductor International, Fuji Electric, Infineon Technologies, Mitsubishi, SEMIKRON, and STMicroelectronics.

Commenting on the report, an analyst from Technavio’s team said: “One of the key trends for market growth will be increased demand for copper wire for interconnections. With the increased need for high power ratings for electronic applications such as electric rail tractions and the wind power generators, power semiconductor vendors are increasingly using copper wire for interconnections. The use of copper wire bonding for interconnections provides higher thermal conductivity, higher elastic modulus, higher melting temperature, and higher capacities than aluminum wire bonding for similar boundary conditions. This trend of using copper wire for interconnections will grow at a good pace during the forecast period and have a positive effect on the growth of the IGBT-based power module market.¬¬¬¬¬”

According to the report, one of the key drivers for market growth will be increasing need for higher power density. There is a continuous need for high power density in power electronics to achieve technological advances, especially in high-power applications. For instance, inverter systems, power electronic devices in railroad traction drives, wind power generators, and solar power generators use IGBT-based power modules to increase their operational efficiency. A number of vendors such as Infineon are investing in R&D to develop IGBT-based power modules that have a high power density. IGBTs have more advantages than power MOSFETs and GTOs as they require less power, have simplified circuits, and optimum forward and reverse blocking capabilities.

Further, the report states that occurrence of grid fault in power semiconductor devices will be a challenge for the market. Power semiconductors face the problem of grid fault. One particular challenge for power semiconductors is the need to cope with a grid fault for a specified period of time (fault ride through) — a feature demanded from wind turbines by network operators. In wind turbines with doubly-fed asynchronous generators, in particular, the IGBTs and freewheeling diodes need to be able to cope with high peaks in current and voltage.

Companies Mentioned

Fairchild Semiconductor International, Fuji Electric, Infineon Technologies, Mitsubishi, SEMIKRON, STMicroelectronics.

  • Executive summary
    • Highlights
  • Scope of the report
    • Definition
    • Report overview
      • Table Global IGBT-based power module market 2015
    • Base year and forecast period
    • Geographical segmentation
      • Table Major countries covered
    • Common currency conversion rates
      • Table Currency conversion rates
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Applications areas of IGBT-based power modules
    • Technology landscape
  • Market landscape
    • Market overview
      • Table Global IGBT-based power module market 2015-2020 ($ billions)
    • Product life cycle of IGBT-based power module
      • Table Product life cycle
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global IGBT-based power module market by application
      • Table Global IGBT-based power module market by application 2015
      • Table Global IGBT-based power module market by application 2015-2020 (% share)
      • Table Global IGBT-based power module market by application 2015-2020 ($ billions)
    • IGBT-based power module market by industrial motor drives application
      • Table Global IGBT-based power module market by industrial motor drives application ($ millions)
    • IGBT-based power module market by renewable energy application
      • Table Global IGBT-based power module market by renewable energy application ($ millions)
    • IGBT-based power module market by railroad traction application
      • Table Global IGBT-based power module market by railroad traction application ($ millions)
    • IGBT-based power module market by consumer appliances application
      • Table Global IGBT-based power module market by consumer appliances application ($ millions)
    • IGBT-based power module market by power supplies application
      • Table Global IGBT-based power module market by power supplies application ($ millions)
  • Geographical segmentation
    • Global IGBT-based power module market by geography
      • Table Global IGBT-based power module market by geography 2015 (% share)
    • Market size and forecast
      • Table Global IGBT-based power module market by geography 2015-2020 (% share)
      • Table Global IGBT-based power module market by geography 2015-2020 ($ millions)
    • IGBT-based power module market in APAC
      • Table IGBT-based power module market in APAC ($ billions)
    • IGBT-based power module market in EMEA
      • Table IGBT-based power module market in EMEA ($ millions)
    • IGBT-based power module market in Americas
      • Table IGBT-based power module market in Americas ($ millions)
  • Market drivers
    • Demand for modular power solutions in renewable energy applications
    • Increasing need for higher power density
    • Need for IGBT-based power modules in rail traction
    • Need for energy savings
    • Growing penetration of HVDC lines
      • Table Global HVDC transmission market 2015-2020 ($ billions)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Grid fault in power semiconductor devices
    • Reduction in size of IGBT modules leading to high power dissipation
    • Emerging market for GaN and SiC power semiconductors
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increase in demand for electric and hybrid vehicles
    • Increasing adoption of clean energy sources
    • Increased demand for copper wire for interconnections
  • Vendor landscape
    • Competitive scenario
      • Table Fairchild Semiconductor: Revenue contribution by business segment 2015
      • Table Infineon Technologies: Revenue contribution by business segment 2015
      • Table Infineon Technologies: Revenue contribution by geography 2015
      • Table Mitsubishi: Net sales breakdown by business segments as of March 31, 2015
  • Summary of market figures
    • Table Market summary of global IGBT-based power module market 2015-2020
    • Table CAGR comparison for application segments 2015-2020
    • Table CAGR comparison for geographical segments 2015-2020
    • Table Application segments: Year-over-year revenue comparison ($ millions)
    • Table Geographical segments: Year-over-year revenue comparison ($ millions)
    • Table Application segments: Year-over-year revenue comparison (by percentage)
    • Table Geographical segments: Year-over-year revenue comparison (by percentage)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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