North America IGBT and Thyristor Market is expected to reach US$ 1,578.3million by 2027

Module TypeSegment to DominateNorth America IGBT and Thyristor Market during 2028–2027

According to The Insight Partners market research study on “North AmericaIGBT and Thyristor Marketto 2027 – Regional Analysis and Forecast by IGBT Packaging Type, IGBT Application and Thyristor Application,”is expected to reach US$ 1,578.3Mn by 2027 from US$ 1,106.4Mn in 2019. The market is estimated to grow at a CAGR of 4.8% from 2020 to 2027.The report provides trends prevailing in the North AmericaIGBT packaging market along with the drivers and restraints pertaining to the market growth. The growth of the North America IGBT and thyristor market is attributed to aging power transmission infrastructure, coupled with significant investments in renewable energy generation. Also, high acceptance of EVs and HEVs in these regionsare expected to bolster the growth of the market.

The IGBT and Thyristor Market, by IGBT packaging type, is segmented into IGBT discrete, IGBT module. The IGBT modulesegment held the largest share of the North Americamarket in 2019. The increasing technological advancement is boosting the growth of the market.

ABB Ltd., Infineon Technologies AG, Mitsubishi Electric Corporation, Renesas Electronics Corporation, ROHM CO., LTD., Semiconductor Components Industries, LLC (On Semiconductor), STMicroelectronics N.V., SEMIKRON, Vishay Intertechnology, Inc, Fuji Electric Co., Ltd. are among the leading companies in the IGBT and Thyristor Market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in year 2019, Infineon Technologies AG introduced the TRENCHSTOP featured IGBT Protected Series for Induction Heating. Compared to a standard RC-H5 reverse conduction IGBT the new family integrates logic functionality and a dedicated driver IC for various programmable protection features in a single device. The Protected F Series guarantees higher system reliability with less design and programming effort for all induction heating applications using a single-ended topology.

North America IGBT and Thyristor Market, By Country, 2019to 2027

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North America IGBT and Thyristor Market to Grow at a CAGR of 4.8% to reach US$ 1,578.3 Million from 2020 to 2027

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North America IGBT and Thyristor Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By IGBT Packaging Type (IGBT Discrete, IGBT Module); IGBT Power Rating (Low, Medium, High); IGBT Application (Energy & Power, Rail Traction Systems, Uninterrupted Power Supply, Electric Vehicles and Hybrid Electric Vehicles, Consumer Electronics, Others); Thyristor Application (Power Transmission Systems, Motor Controllers, Light Dimmers, Pressure Control Systems, Liquid-Level Regulators, Others)

The report segments the North America IGBT and Thyristor Market as follows:

IGBT and Thyristor Market– ByIGBT Packaging Type

• Discrete
• Module

IGBT and Thyristor Market– By IGBT Power Rating

• Low
• Medium
• High

IGBT and Thyristor Market – By IGBT Application

• Energy & Power
• Rail Traction System
• Uninterrupted Power Supply
• Electric Vehicles and Hybrid Vehicles
• Consumer Electronics
• Others

IGBT and Thyristor Market – By Thyristor Application

• Power Transmission Systems
• Motor Controllers
• Light Dimmers
• Pressure Control Systems
• Liquid-level Regulators

IGBT and Thyristor Market– By Country

• US
• Canada
• Mexico

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