The article cited AMA's Global IGBT Module Market Study explored substantial growth with CAGR of 20.3%. According to the study, The Emerging Use of IGBT Modules in Electric Vehicles and Hybrid Electric Vehicles
is one of the primary growth factors for the market. Growing Number of Advancements in Electronic Industry
is also expected to contribute significantly to the IGBT Module market. Overall, Inverters
applications of IGBT Module, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Mitsubishi Electric Corporation (Japan), Infineon Technologies AG (Germany), Fuji Electric Co., Ltd. (Japan), Hitachi Power Semiconductor Device, Ltd. (Japan), ABB (Switzerland), Semikron (Germany), Microsemi Corporation (Microchip Technology Inc.) (United States), ROHM Co. Ltd. (Japan), STMicroelectronics (Switzerland) and Vishay Intertechnology, Inc. (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global IGBT Module market identified that the demand is rising in many different parts of the world as "Growing Power Electronics Industry across the World will Boost the IGBT Module Market". Furthermore, some recent industry insights like "In May 2019, the Infineon Technologies AG launched the new power modules for xEV main inverters in order to support the automotive industry to build a strong portfolio of hybrid and electric vehicles. In the previous year’s PCIM trade fair Infineon presented four new HybridPACK Drive modules optimized for different inverter performance levels between 100 kW and 200 kW. Furthermore, Infineon introduced the HybridPACK Double-Sided Cooling (DSC) S2, a technology upgrade to the existing HybridPACK DSC. This module targets main inverters up to 80 kW in hybrid and plug-in hybrid electric vehicles with high power density requirements." is constantly making the industry dynamic. One of the challenges that industry facing is "The Lower Switching Speed Related Problems Might Hinder the Market"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of IGBT Module market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of IGBT Module market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the IGBT Module market tight? Which application/end-user category or Product Type [Phase leg IGBT, Single IGBT, Dual IGBT, Intelligent IGBT (IPM) and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the IGBT Module market and other related sub-markets covered in the study.
o Key & emerging players in the IGBT Module market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall IGBT Module market size is calculated using market estimation process, the IGBT Module market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global IGBT Module market size has been validated using both top-down and bottom-up approaches.