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Global IGBT (Insulated-gate Bipolar Transistor) Market with Focus on China: Industry Analysis & Outlook (2018-2022)

Global IGBT (Insulated-gate Bipolar Transistor) Market with Focus on China: Industry Analysis & Outlook (2018-2022)

IGBT is a simple device used as an electronic switch which came to combine high efficiency and fast switching. It has four alternating layers (P-N-P-N) that are controlled by a metal-oxide-semiconductor (MOS) gate structure without regenerative action. Globally, IGBT market is growing at robust CAGR and would experience significant growth in the coming five years.

The global IGBT market would primarily grow due to increasing production of electricity using renewable sources, rising penetration of electric vehicles and increasing establishment of offshore wind farms. However, the market growth could be restrained by an upcoming technology of wide-bandgap semiconductors.

China is a major contributor to the global IGBT market due to its technical advancements, growing markets of NEV, photovoltaic and inverters, initiatives of government for promoting use of renewable energy sources. Chinese IGBT market is majorly dominated by inverters and NEV markets. However, in the coming years, photovoltaic market would be consuming a major portion of produced IGBTs. Though, the Chinese market is growing at a rapid pace, but due to its increasingly over demand for IGBT, the market growth could be hindered. However, IGBT localization ratio is picking up a pace and would further fuel the market growth.

In terms of competitive analysis, the global IGBT market is quite consolidated where four major players of the market are holding a major share of the market value. Infineon Technology, Furukawa Group (Fuji Electric), Semikron, and Mitsubishi Electric are currently dominating the market. Chinese IGBT market is also having a similar competitive landscape where these companies are leading the Chinese IGBT market. Though, China is holding a major chunk of the global IGBT market, but there is high presence of foreign companies, especially European, holding a lion’s share of the Chinese IGBT market value. In future, a different scenario can be seen in Chinese IGBT market as its localization rate is improving and many domestic companies are focusing on improving their products to strengthening their presence in the domestic market.


1. Overview
1.1 Power Semiconductors
Table 1: Segmentation of Power semiconductor Industry
1.2 IGBT
Table 2: Characteristics of IGBT
Table 3: Production Process of IGBT Module
Table 4: Downstream Verticals for IGBT Market
2. Global IGBT Market
2.1 IGBT Market by Value
Table 5: Global IGBT Market by Value (2013-2017)
2.2 IGBT Market Value Forecast
Table 6: Global IGBT Market Value Forecast (2018-2022)
2.3 IGBT Market by Application
Table 7: Global IGBT Market by Application (2017)
2.3.1 Global Industrial IGBT Market by Value
Table 8: Global Industrial IGBT Market by Value (2013-2017)
2.3.2 Global Industrial IGBT Market Value Forecast
Table 9: Global Industrial IGBT Market Value Forecast (2018-2022)
2.3.3 Global Automotive IGBT Market by Value
Table 10: Global Automotive IGBT Market by Value (2013-2017)
2.3.4 Global Automotive IGBT Market Value Forecast
Table 11: Global Automotive IGBT Market Value Forecast (2018-2022)
2.3.5 Global Consumer IGBT Market by Value
Table 12: Global Consumer IGBT Market by Value (2013-2017)
2.3.6 Global Consumer IGBT Market Value Forecast
Table 13: Global Consumer IGBT Market Value Forecast (2018-2022)
2.4 IGBT Demand by Verticals
Table 14: Global IGBT Demand by Verticals (2017)
3. China IGBT Market
3.1 China IGBT Market by Value
Table 15: China IGBT Market by Value (2013-2017)
3.2 China IGBT Market Value Forecast
Table 16: China IGBT Market Value Forecast (2018-2022)
3.3 China IGBT Market by Verticals
Table 17: China IGBT Market by Verticals (2017)
3.3.1 China IGBT Market Value Forecast by NEV
Table 18: China IGBT Market Value Forecast by NEV (2017-2022)
3.3.2 China IGBT Market Value Forecast by Inverter
Table 19: China IGBT Market Value Forecast by Inverter (2017-2022)
3.3.3 China IGBT Market Value Forecast by Rail
Table 20: China IGBT Market Value Forecast by Rail (2017-2022)
3.3.4 China IGBT Market Value Forecast by Photovoltaic
Table 21: China IGBT Market Value Forecast by Photovoltaic (2017-2022)
3.4 China IGBT Production Volume
Table 22: China IGBT Production Volume (2013-2017)
3.5 China IGBT Production Volume Forecast
Table 23: China IGBT Production Volume Forecast (2018-2022)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rising Penetration of Electric Vehicles
Table 24: Global Sales of Electric Vehicles by Volume (2017-2025)
4.1.2 Increasing Localization Ration
Table 25: China IGBT Market Localization Ratio (2013-2022)
4.1.3 Growth in Establishment of Offshore Wind Farms
4.2 Key Trends
4.2.1 Increasing Adoption of IGBT in Downstream Verticals
Table 26: IGBT as % of Total Cost for Major Downstream Verticals (2017)
4.2.2 Functional Consolidation of Semiconductors
4.2.3 Trend of Using Copper Wire Interconnections
4.2.4 Evolving IGBT Market for Different Applications and Voltages
4.3 Challenges
4.3.1 Supply Shortage of IGBT
Table 27: China IGBT Demand Forecast (2013-2022)
4.3.2 Wide-Bandgap Semiconductors
5. Competition
5.1 Global IGBT Market Share by Company
Table 28: Global IGBT Market Share by Company (2017)
5.2 China IGBT Market Share by Company
Table 29: China IGBT Market Share by Company (2017)
6. Company Profiles
6.1 Infineon Technologies
6.1.1 Business Overview
Table 30: Infineon Technologies Revenue by Segment (2017)
6.1.2 Financial Overview
Table 31: Infineon Technologies Revenue & Net Income (2013-2017)
6.1.3 Business Strategies
Table 32: Infineon Technologies R&D Expenditure (2015-2017)
6.2 Mitsubishi Electric
6.2.1 Business Overview
Table 33: Mitsubishi Electric Sales by Segment (2018)
6.2.2 Financial Overview
Table 34: Mitsubishi Electric Net Sales & Net Income (2014-2018)
6.2.3 Business Strategies
Table 35: Mitsubishi Electric R&D Expenditure (2016-2018)
6.3 Furukawa Group
6.3.1 Business Overview
Table 36: Furukawa Group Sales by Segment (2018)
6.3.2 Financial Overview
Table 37: Furukawa Group Net Sales and Profit (2014-2018)
6.3.3 Business Strategies
Table 38: Furukawa Group R&D Expenditure (2016-2018)
6.4 ON Semiconductor Corporation
6.4.1 Business Overview
Table 39: ON Semiconductor Corporation Revenue by Segment (2017)
6.4.2 Financial Overview
Table 40: ON Semiconductor Corporation Revenue and Net Income (2013-2017)
6.4.3 Business Strategies
Table 41: ON Semiconductor Corporation R&D Expenditure (2015-2017)

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