IGBT and Super Junction MOSFET Market Analysis By Product (Discrete, Module), By Application (UPS, EV/HEV, Consumer Electronics, Industrial, Adapter/Charger/Converter, Motor Drives, Wind Turbines, Rail Traction, PV Inverters, Lighting) And Segment Forecasts To 2020

Industry Insights

Growing demand for energy efficiency and increased focus on renewable energy is expected to be the key driving force for the IGBT & super junction MOSFET market. Electrical transmission efficiency demand has resulted in the need for improved power electronics designs, driving the IGBT & super junction MOSFET market. Green IT initiatives across several organizations to curb power losses and protect the environment are expected to fuel the market over the forecast period.

Global IGBT & super junction MOSFET market by product (USD Billion), 2012 – 2020

High replacement demand and positive developments in the data center market is expected to propel IGBT & super junction MOSFET market demand. There has been a shift towards the use of electric vehicles (EV) and hybrid electric vehicles (HEV) to meet emission norms and reduce carbon footprint. Since this trend is expected to boost IGBT & super junction MOSFET adoption, it is expected to favorably impact the global market over the forecast period. Availability of substitutes including compound semiconductor materials such as silicon carbide and Gallium-Nitride (GaN) may restrain the market growth.

Product Insights

Key segments include discrete products and modules. Discrete IGBT is used widely in consumer electronics as well as in high-power application areas. IGBT is expected to continue witnessing popularity wind and solar power generation, general-purpose inverters, and high-frequency applications. Power adaptor miniaturization is expected to drive the super junction MOSFET market. Discrete product growth can be attributed to power supply application demand. Super junction MOSFET modules are expected to gain market share in the inverter segment.

Application Insights

Major segments include converters or adaptors, consumer, PV inverters, industrial, uninterruptible power supply (UPS), motor drives, and EV/HEV applications. Adaptor or charger demand can be credited to the growing number of smartphones, tablet PCs, and related devices. Electric and hybrid electric vehicles are expected to gain market share over the next six years, mainly due to a large number of features facilitated by IGBT & super junction MOSFET. These include infotainment, HVAC, electric power steering, as well as lighting. Controlled motor drive system demand is expected to fuel the market in the motor drives segment over the next six years.

Regional Insights

Asia-Pacific is expected to remain the largest regional IGBT & super junction MOSFET market over the forecast period. The presence of large plants in countries such as Japan, India, and China is expected to be favorable for the solar sector. Developments in automotive and PV inverter production in Asia Pacific are also expected to fuel adoption over the next six years. Additionally, high-speed train network expansion is estimated to result in a high demand for power semiconductors. Increased wind turbine installation in the U.S. is expected to positively impact the North American market. Motor drives, HEV, and industrial applications are expected to be the key segments in the North America IGBT market.

Competitive Insights

Infineon Technologies, Mitsubishi Electric, and Fuji Electric are the key companies operating in the IGBT market. Mergers and acquisitions for consolidating global market share and expanding in emerging and established regional markets are among the key strategies undertaken by industry participants. Vertical integration across the organization is also among major strategic initiatives. The super junction MOSFET market is highly consolidated, Infineon and STMicroelectronics accounted for the majority of the overall market share in 2013.