LONDON–(BUSINESS WIRE)–Nov 20, 2020–The worldwide IGBT market measurement is poised to develop by USD 3.77 billion throughout 2020-2024, progressing at a CAGR of about 9% all through the forecast interval, in accordance with the newest report by Technavio. The report presents an up-to-date evaluation relating to the present market situation, newest traits and drivers, and the general market surroundings. The report additionally supplies the market affect and new alternatives created as a result of COVID-19 pandemic. Obtain a Free Pattern of REPORT with COVID-19 Disaster and Restoration Evaluation.This press launch options multimedia. View the complete launch right here: https://www.businesswire.com/information/house/20201119006107/en/Technavio has introduced its newest market analysis report titled World IGBT Market 2020-2024 (Graphic: Enterprise Wire)One of many key elements that may drive the expansion of the IGBT market, are the initiatives taken by the federal government to regulate the rising environmental issues and oil costs which are driving the shift to electrical automobiles. It’s estimated that EVs and HEVs can decrease oil consumption by greater than one-third by 2020 as electrical energy is cheaper, these automobiles present an enormous price benefit over gasoline and petroleum. Electrical motors present quiet, clean operations and require much less upkeep than combustion engines. IGBT is an important part that’s wanted to reduce switching loss and maximize thermal effectivity. With these benefits and the rising reputation of electrical automobiles coupled with authorities initiatives, this IGBT market will develop considerably throughout the forecast interval.Register for a free trial at present and achieve instantaneous entry to 17,000+ market analysis stories.Technavio’s SUBSCRIPTION platformReport Highlights:The key IGBT market progress got here from the IGBT module phase. A single module consists of a number of discrete IGBTs, making them extra suitable with excessive energy.APAC was the biggest IGBT market in 2019, and the area will provide a number of progress alternatives to market distributors throughout the forecast interval. That is attributed to elements such because the quick tempo of industrialization in growing international locations of the area and the rising adoption of renewable vitality and EVs.The worldwide IGBT market is concentrated. Fuji Electrical Co. Ltd., Hitachi Ltd., Infineon Applied sciences AG, Littelfuse Inc., Mitsubishi Electrical Corp., ON Semiconductor Corp., Renesas Electronics Corp., SEMIKRON Elektronik GmbH & Co. KG, STMicroelectronics NV, and Toshiba Corp, are a few of the main market individuals. To assist shoppers enhance their market place, this IGBT market forecast report supplies an in depth evaluation of the market leaders.Because the enterprise affect of COVID-19 spreads, the worldwide IGBT market 2020-2024 is predicted to have damaging affect. Because the pandemic spreads in some areas and plateaus in different areas, we proceed to revaluate the affect on companies and replace our report forecasts.Purchase 1 Technavio report and get the second for 50% off. Purchase 2 Technavio stories and get the third without spending a dime.View market snapshot earlier than purchasingGovernment Insurance policies will likely be a Key Market TrendAcross the world governments in numerous international locations are implementing insurance policies equivalent to vitality efficiency labels, vitality efficiency requirements to make sure environmental security, basic consciousness applications, decreased consumption of vitality, and decrease utility payments for customers. These insurance policies and the rise in the price of vitality have compelled producers to take measures to develop energy-efficient merchandise, which is without doubt one of the key IGBT market traits. This can enhance the demand for IGBT ensuing within the progress of this market throughout the forecast interval.Technavio’s pattern stories are freed from cost and include a number of sections of the report, such because the market measurement and forecast, drivers, challenges, traits, and extra.Request a free pattern reportIGBT Market 2020-2024: Key HighlightsCAGR of the market throughout the forecast interval 2020-2024Detailed data on elements that may help IGBT market progress throughout the subsequent 5 yearsEstimation of the IGBT market measurement and its contribution to the mother or father marketPredictions on upcoming traits and adjustments in client behaviorThe progress of the IGBT marketAnalysis of the market’s aggressive panorama and detailed data on vendorsComprehensive particulars of things that may problem the expansion of IGBT market vendorsBuy 1 Technavio report and get the second for 50% off. Purchase 2 Technavio stories and get the third without spending a dime.View market snapshot earlier than purchasingExecutive SummaryMarket LandscapeMarket ecosystemValue chain analysisMarket SizingMarket definitionMarket phase analysisMarket measurement 2019Market outlook: Forecast for 2019-20245 Forces AnalysisFive forces summaryBargaining energy of buyersBargaining energy of suppliersThreat of latest entrantsThreat of substitutesThreat of rivalryMarket conditionMarket Segmentation by ProductMarket segmentsComparison by ProductIGBT modules – Market measurement and forecast 2019-2024Discrete IGBTs – Market measurement and forecast 2019-2024Market alternative by ProductMarket Segmentation by ApplicationMarket segmentsComparison by ApplicationEV/HEVs – Market measurement and forecast 2019-2024Industrial – Market measurement and forecast 2019-2024Motor drives – Market measurement and forecast 2019-2024Shopper home equipment – Market measurement and forecast 2019-2024Others – Market measurement and forecast 2019-2024Market alternative by ApplicationCustomer LandscapeGeographic LandscapeGeographic segmentationGeographic comparisonAPAC – Market measurement and forecast 2019-2024Europe – Market measurement and forecast 2019-2024North America – Market measurement and forecast 2019-2024South America – Market measurement and forecast 2019-2024MEA – Market measurement and forecast 2019-2024Key main countriesMarket alternative by geographyMarket driversMarket challengesMarket trendsVendor LandscapeOverviewVendor landscapeLandscape disruptionVendor AnalysisVendors coveredMarket positioning of vendorsFuji Electrical Co. Ltd.Hitachi Ltd.Infineon Applied sciences AGLittelfuse Inc.Mitsubishi Electrical Corp.ON Semiconductor Corp.Renesas Electronics Corp.SEMIKRON Elektronik GmbH & Co. KGSTMicroelectronics NVToshiba Corp.AppendixScope of the reportCurrency conversion charges for US$Analysis methodologyList of abbreviationsAbout UsTechnavio is a number one international expertise analysis and advisory firm. Their analysis and evaluation focuses on rising market traits and supplies actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 stories and counting, protecting 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market eventualities.View supply model on businesswire.com:https://www.businesswire.com/information/house/20201119006107/en/CONTACT: Technavio ResearchJesse MaidaMedia & Advertising ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200E mail:[email protected]:www.technavio.com/KEYWORD:INDUSTRY KEYWORD: SEMICONDUCTOR OTHER ENERGY TECHNOLOGY MANUFACTURING ENERGY OTHER MANUFACTURINGSOURCE: Technavio ResearchCopyright Enterprise Wire 2020.PUB: 11/20/2020 01:30 AM/DISC: 11/20/2020 01:30 AMhttp://www.businesswire.com/information/house/20201119006107/en
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