IGBT & Thyristor Market Forecasts to 2028 – Global Analysis By Power Rating (Low, High), Packaging Type (IGBT Module, IGBT Discrete), Voltage (<400 V, 600–650 V), Application (Thyristor, Snubber circuits) and By Geography
According to Stratistics MRC, the Global IGBT & Thyristor Market is accounted for $5.30 billion in 2020 and is expected to reach $8.84 billion by 2028 growing at a CAGR of 6.6% during the forecast period. Demand for the replacement of aging power infrastructure, increasing adoption of electric motors and increasing adoption of renewable energy sources are driving the market growth. However, high infrastructure development cost and lack of technology awareness are hampering the growth of the market.
The insulated gate bipolar transistor (IGBT) & thyristor provide the advantage over metal-oxide-semiconductor field effect transistor (MOSFET) for minimum switching time and switching losses. They also use conduction losses along with high breakdown voltage in bipolar junction transistor (BJT) to achieve high electricity demands.
Based on the power rating, the medium segment is going to have lucrative growth during the forecast period due to the increasing government initiatives and environmental concerns to reduce carbon emissions have surged the demand for EVs/HEVs, thereby leading to the growing demand for medium-power IGBTs and ability of medium-power IGBTs to associate the increasing requirements for HVDC systems increases market growth.
By geography, North America is going to have high growth during the forecast period due to the growth attributed to the replacement of aging power infrastructure, particularly in developed economies such as US and the deployment of smart grids in the region increases the market growth.
Some of the key players profiled in the IGBT & Thyristor Market include Infineon Technologies AG, Fuji Electric Co., Ltd., Mitsubishi Electric Corporation, ABB Ltd, Toshiba Corporation, Siemens AG, Schneider Electric, Littelfuse, Inc., ON Semiconductor, STMicroelectronics and Hitachi, Ltd.
Power Ratings Covered:
• Low
• Medium
• High
Packaging Types Covered:
• Insulated Gate Bipolar Transistor (IGBT) Module
• Insulated Gate Bipolar Transistor (IGBT) Discrete
Voltages Covered:
• <400 V
• 600–650 V
• 1,200–1,700 V
• 2,500–3,300 V
• >4,500 V
Classes of Thyristors Covered:
• Thyristors with Bidirectional Control
• Thyristors with Turn-On Capabilities
• Thyristors with Turn-Off Capabilities
Applications Covered:
• Thyristor
• Snubber circuits
• Insulated Gate Bipolar Transistor (IGBT)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global IGBT & Thyristor Market, By Power Rating
5.1 Introduction
5.2 Low
5.3 Medium
5.4 High
6 Global IGBT & Thyristor Market, By Packaging Type
6.1 Introduction
6.2 Insulated Gate Bipolar Transistor (IGBT) Module
6.3 Insulated Gate Bipolar Transistor (IGBT) Discrete
7 Global IGBT & Thyristor Market, By Voltage
7.1 Introduction
7.2 <400 V
7.3 600–650 V
7.4 1,200–1,700 V
7.5 2,500–3,300 V
7.6 >4,500 V
8 Global IGBT & Thyristor Market, By Classes of Thyristors
8.1 Introduction
8.2 Thyristors with Bidirectional Control
8.3 Thyristors with Turn-On Capabilities
8.4 Thyristors with Turn-Off Capabilities
9 Global IGBT & Thyristor Market, By Application
9.1 Introduction
9.2 Thyristor
9.2.1 Light Dimmers
9.2.2 Liquid-Level Regulators
9.2.3 Motor Controllers
9.2.4 Pressure Control Systems
9.2.5 Power Transmission Systems
9.3 Snubber circuits
9.4 Insulated Gate Bipolar Transistor (IGBT)
9.4.1 Consumer Electronics
9.4.2 Electric Vehicles and Hybrid Electric Vehicles (EV/HEV)
9.4.3 Rail Traction Systems
9.4.4 Motor Drives
9.4.4.1 Residential Motors
9.4.4.2 Commercial Motors
9.4.4.3 Industrial Motors
9.4.5 Uninterrupted Power Supply (UPS)
9.4.6 Renewable Energy
9.4.6.1 Wind Power Generation Systems
9.4.6.2 Photovoltaic (PV) Power Generation Systems
9.4.7 Power Transmission Systems
9.4.7.1 Flexible Alternate Current (AC) Transmission System (FACTS)
9.4.7.1.1 Compensation
9.4.7.1.1.1 Series Compensation
9.4.7.1.1.2 Shunt Compensation
9.4.7.2 High Voltage - Direct Current (HVDC) Electricity Transmission
10 Global IGBT & Thyristor Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Infineon Technologies AG
12.2 Fuji Electric Co., Ltd.
12.3 Mitsubishi Electric Corporation
12.4 ABB Ltd
12.5 Toshiba Corporation
12.6 Siemens AG
12.7 Schneider Electric
12.8 Littelfuse, Inc.
12.9 ON Semiconductor
12.10 STMicroelectronics
12.11 Hitachi, Ltd.
List of Tables
1 Global IGBT & Thyristor Market Outlook, By Region (2019-2028) ($MN)
2 Global IGBT & Thyristor Market Outlook, By Power Rating (2019-2028) ($MN)
3 Global IGBT & Thyristor Market Outlook, By Low (2019-2028) ($MN)
4 Global IGBT & Thyristor Market Outlook, By Medium (2019-2028) ($MN)
5 Global IGBT & Thyristor Market Outlook, By High (2019-2028) ($MN)
6 Global IGBT & Thyristor Market Outlook, By Packaging Type (2019-2028) ($MN)
7 Global IGBT & Thyristor Market Outlook, By Insulated Gate Bipolar Transistor (IGBT) Module (2019-2028) ($MN)
8 Global IGBT & Thyristor Market Outlook, By Insulated Gate Bipolar Transistor (IGBT) Discrete (2019-2028) ($MN)
9 Global IGBT & Thyristor Market Outlook, By Voltage (2019-2028) ($MN)
10 Global IGBT & Thyristor Market Outlook, By <400 V (2019-2028) ($MN)
11 Global IGBT & Thyristor Market Outlook, By 600–650 V (2019-2028) ($MN)
12 Global IGBT & Thyristor Market Outlook, By 1,200–1,700 V (2019-2028) ($MN)
13 Global IGBT & Thyristor Market Outlook, By 2,500–3,300 V (2019-2028) ($MN)
14 Global IGBT & Thyristor Market Outlook, By >4,500 V (2019-2028) ($MN)
15 Global IGBT & Thyristor Market Outlook, By Classes of Thyristors (2019-2028) ($MN)
16 Global IGBT & Thyristor Market Outlook, By Thyristors with Bidirectional Control (2019-2028) ($MN)
17 Global IGBT & Thyristor Market Outlook, By Thyristors with Turn-On Capabilities (2019-2028) ($MN)
18 Global IGBT & Thyristor Market Outlook, By Thyristors with Turn-Off Capabilities (2019-2028) ($MN)
19 Global IGBT & Thyristor Market Outlook, By Application (2019-2028) ($MN)
20 Global IGBT & Thyristor Market Outlook, By Thyristor (2019-2028) ($MN)
21 Global IGBT & Thyristor Market Outlook, By Light Dimmers (2019-2028) ($MN)
22 Global IGBT & Thyristor Market Outlook, By Liquid-Level Regulators (2019-2028) ($MN)
23 Global IGBT & Thyristor Market Outlook, By Motor Controllers (2019-2028) ($MN)
24 Global IGBT & Thyristor Market Outlook, By Pressure Control Systems (2019-2028) ($MN)
25 Global IGBT & Thyristor Market Outlook, By Power Transmission Systems (2019-2028) ($MN)
26 Global IGBT & Thyristor Market Outlook, By Snubber circuits (2019-2028) ($MN)
27 Global IGBT & Thyristor Market Outlook, By Insulated Gate Bipolar Transistor (IGBT) (2019-2028) ($MN)
28 Global IGBT & Thyristor Market Outlook, By Consumer Electronics (2019-2028) ($MN)
29 Global IGBT & Thyristor Market Outlook, By Electric Vehicles and Hybrid Electric Vehicles (EV/HEV) (2019-2028) ($MN)
30 Global IGBT & Thyristor Market Outlook, By Rail Traction Systems (2019-2028) ($MN)
31 Global IGBT & Thyristor Market Outlook, By Motor Drives (2019-2028) ($MN)
32 Global IGBT & Thyristor Market Outlook, By Uninterrupted Power Supply (UPS) (2019-2028) ($MN)
33 Global IGBT & Thyristor Market Outlook, By Renewable Energy (2019-2028) ($MN)
34 Global IGBT & Thyristor Market Outlook, By Power Transmission Systems (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?

Assured Quality
Best in class reports with high standard of research integrity

24X7 Research Support
Continuous support to ensure the best customer experience.

Free Customization
Adding more values to your product of interest.

Safe & Secure Access
Providing a secured environment for all online transactions.

Trusted by 600+ Brands
Serving the most reputed brands across the world.