IGBT Market Soars to New Heights with 10.54% CAGR from 2023, Propelled by Rising Adoption of Electric Vehicles and Renewables - ResearchAndMarkets.com
An Insulated Gate Bipolar Transistor (IGBT) is a bipolar transistor with an insulated gate terminal.
- An Insulated Gate Bipolar Transistor (IGBT) is a bipolar transistor with an insulated gate terminal.
- The IGBT market is expected to witness significant expansion due to several key factors, including the increasing adoption of Electric Vehicles (EVs), renewable energy generation, rising usage of household appliances, and more.
- By IGBT Type: The market is divided into IGBT Module, Discrete IGBT, and Intelligent Power Module (IPM).
- Asia Pacific enjoys the largest market share, with significant contributions from China, which leads the IGBT market.