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Insulated Gate Bipolar Transistor Market Gains Increased Growth Rate With The Innovations In EV Technology

Insulated Gate Bipolar Transistor Market Gains Increased Growth Rate With The Innovations In EV Technology

February 03
00:16 2018

Insulated Gate Bipolar Transistor Market Report
Insulated Gate Bipolar Transistor Market Expects To Register High Growth & Demand With The Increase In Adoption of Smart Grid Solutions.

According to the latest market research report “Insulated Gate Bipolar Transistor Market: By End-Use Industry (Consumer Electronics, Industrial Motor drives, Inverters & UPS, Automotive (Electric & Hybrid Vehicles), HVAC, Renewable Energy and Others) & Geography-Forecast (2016-2021)”, published by IndustryARC, estimates that North America will register high growth by the end of the forecast period.

Browse Report @ http://industryarc.com/Report/15423/insulated-gate-bipolar-transistor-igbt-market.html

Insulated Gate Bipolar Transistor Market involves in developing the IGBT technology and marketing. Insulated Gate Bipolar Transistor (IGBT) is a power semiconductor device which is primarily used as an electronic switch and finds application in the switch, pulse modulation and phase control among others. It has special features like lower switching losses and higher reliability, including higher efficiency and better thermal performance.

The major end-user industries of IGBT are consumer electronics, industrial motor drives, inverters & uninterruptible power supply, automotive (electric & hybrid vehicles), HVAC, renewable energy and others. It is a cost-effective solution to replace Metal Oxide Semiconductor Field-Effect Transistor (MOSFET), which is compatible with higher voltage and current. Currently, IGBT uses in renewable resources and electric vehicles to improve switching speed and prevent power loss.

Scope & Regional Forecast of the Insulated Gate Bipolar Transistor Market

The increasing focus and increased investments on R&D of IGBT chip and module optimization to reduce power consumption, improve chip density, thermal resistivity and efficiency would further strengthen the position of Insulated Gate Bipolar Transistor Market. The need to replace outdated electronic systems with fast and efficient alternatives is increasing the demand for IGBT systems.

The replacement of aging power infrastructure in developed regions and increased demand for smart grids expected to fuel the demand of IGBT and represents a significant opportunity. The high IGBT device as compared to power MOSFETs acts as the major challenge for the growth of the Insulated Gate Bipolar Transistor Market. In addition, current leakage at high temperature also hampers the market growth.

Europe is dominating the Insulated Gate Bipolar Transistor Market, due to having high demand for insulated gate bipolar transistor from its major end-user industries. North America is registering significant growth and placed in the second highest position, followed by Asia-Pacific. North America is expected to register the highest growth due to increasing installations of green energy sources coupled with growing demand for electric and hybrid electric vehicles.

Segmentations & Key Players Involved in the Insulated Gate Bipolar Transistor Market

The Insulated Gate Bipolar Transistor Market can be broken down into various segmentations on the basis of –
End-Use Industry: Consumer Electronics, Industrial Motor drives, Inverters & UPS, Automotive (Electric & Hybrid Vehicles), HVAC, Renewable Energy and Others.
Region: Europe, Asia-Pacific, North America and Rest of the World.

Some of the key players involved in the Insulated Gate Bipolar Transistor Market are as follows:

Renesas Electronics Corporation
Toshiba Corporation
Hitachi Ltd.
NXP Semiconductors
Fairchild Semiconductor International, Inc.

Request For Table of Contents @ http://industryarc.com/pdfdownload.php?id=15423

IndustryARC has detailed market studies on 40+ countries, sample table of contents for country specific studies are available on request. For more details write to [email protected]

Why buy this report?

* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.
* Identifies growth sectors and factors driving or constraining the market.
* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
* The study includes the demand of this particular market on a global and regional scale for a five year period of 2016 – 2021, to assess how the market will develop.

Make an Inquiry @ http://industryarc.com/inquiry-before-buying.php?id=15423

Media Contact
Company Name: IndustryARC
Contact Person: Mr. Venkateshwar Reddy
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