LONDON, Jan. 13, 2016 /PRNewswire/ -- The IGBT and thyristor market report analyzes the key trends in the market on the basis of its various segmentations. The IGBT market has been segmented on the basis of three different segments, such as packaging type, power rating, and applications. The thyristor market has been segmented on the basis of application only. The various applications of IGBT covered during the study are power, renewable energy, rail traction, UPS, EV/HEV, motor drive, consumer electronics, and others; whereas, the applications covered for the thyristor market include power, motor control, light dimmer, pressure control system, liquid level regulator, and others. The IGBT and thyristor market have been segmented on the basis of geography as well.
The report provides an in-depth analysis of the various developments in this market, along with the key market trends. The IGBT and thyristor market also covers the market shares of different key players present in this market. All the revenue estimates and forecasts in this report are provided from 2013 to 2020. The report gives an overview of the major geographic regions in the IGBT and thyristor market, such as the Americas, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW). The report discusses the recent events in the market and the impact analysis of the market dynamics.
This report focuses on providing detailed segmentation of the IGBT and thyristor market, combined with qualitative and quantitative analyses of each and every aspect of the classification, on the basis of the IGBT market and thyristor market, and region. All the numbers at each level of the detail are estimated till 2020, to give a glimpse of the potential market size in terms of value in this market.
The IGBT market is expected to reach $8,256.3 million by 2020 at a CAGR of 9.5% from 2015 to 2020; whereas, the thyristor market is expected to reach $3,632.0 million by 2020 at a CAGR of 7.9% from 2015 to 2020. The high demand for the IGBT and thyristor is because of the government incentives and the ageing power infrastructure in the developed economies. These drivers are giving a boost to the power application market, which in turn, is fueling the growth in IGBT and thyristor market. The major demand for IGBT and thyristor is from the APAC countries. . The European countries are closely following the APAC market in terms of growth rate.
The major players in the IGBT and thyristor market, include ABB Ltd. (Switzerland), Danfoss A/S (Denmark), Fairchild Semiconductor International, Inc. (U.S.), Fuji Electric Co. Ltd. (Japan), Hitachi Ltd. (Japan), Infineon Technologies AG (Germany), Mitsubishi Electric Corp. (Japan), Renesas Electronics Corp. (Japan), SEMIKRON International GmbH (Germany), and Toshiba Corp. (Japan) among others.
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