IGBT And Super Junction MOSFET Market To Reach $31.60 By 2030

IGBT And Super Junction MOSFET Market Growth & Trends

The global IGBT And Super Junction MOSFET market size is expected to reach USD 31.60 billion by 2030, according to a new study by Grand View Research, Inc., expanding at a CAGR of 12.2% from 2024 to 2030. The need for high energy efficiency coupled with green initiatives is expected to be the key market driver over the forecast period. Changing consumer preferences have led to high demand for electric vehicles, which is also expected to drive power electronics adoption, and thus the IGBT & super junction MOSFET market.

The data center market has witnessed growth, which has spurred data center UPS market growth across organizations. High renewable energy demand has led to increased installation of wind turbines, which is expected to favorably impact the global market. The availability of alternatives to these products may restrain market growth over the next six years. Growing smart grid infrastructure is expected to serve as a considerable growth opportunity for companies operating in the market.

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IGBT And Super Junction MOSFET Market Report Highlights

• IGBT accounted for the majority of the overall market in 2023; this can be attributed to the significant IGBT module market. These modules are used in inverter applications, and enabling equipment miniaturization is expected to be the key driving factor for this segment. Reduced heat dissipation along with higher efficiency is expected to fuel the super junction MOSFET market over the next six years.

• Electric and hybrid electric vehicles are expected to witness the highest growth over the forecast period. IGBT is largely used in these vehicles as compared to its counterpart, which is mainly on account of low cost and a considerable number of application areas such as in lighting and infotainment. The proliferation of consumer electronics has positively impacted the converters/chargers segment.

• Asia Pacific is expected to remain the dominant regional market over the next six years; it accounted for over 41.7% of the market share in 2023. High demand for efficient power semiconductors across end-use industries is expected to fuel the regional market over the forecast period.

• Notable industry participants include Infineon Technologies, STMicroelectronics, Fuji Electric, Vishay Intertechnology, and Mitsubishi Electric. Establishing a strong global presence and a competitive product portfolio are among other key initiatives adopted for sustaining in the market.

IGBT And Super Junction MOSFET Market Segmentation

Grand View Research has segmented the global IGBT and super junction MOSFET market report based on type, application, and region

IGBT And Super Junction MOSFET Type Outlook (Revenue, USD Million, 2018 - 2030)

• IGBT

  • Discrete IGBT

  • IGBT Module

• Super Junction MOSFET

  • Discrete Super Junction MOSFET

  • Super Junction MOSFET Module

IGBT And Super Junction MOSFET Application Outlook (Revenue, USD Million, 2018 - 2030)

• Energy and Power

• Consumer Electronics

• Inverter and UPS

• Electric Vehicle

• Industrial System

• Others

IGBT And Super Junction MOSFET Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players of IGBT And Super Junction MOSFET Market

• ROHM CO., LTD.

• STMicroelectronics

• TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION

• Infineon Technologies AG

• Semikron Danfoss

• Mitsubishi Electric Corporation

• Fuji Electric Co., Ltd.

• StarPower Europe AG

• MACMIC

• NXP Semiconductors