Last Updated: 23-07-2025 | Format: PDF | Report ID:11234 | Author: Ankita R
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | Revenue (USD Million) |
| What is the projected market size by 2035? | $6,570 Million |
| What is the market CAGR from 2025 to 2035? | 5.6% |
| Which region dominates the market? | United States (67%) |
| Which product/service type dominates the market? | IGBT Modules (38%) |
| Which application leads the market? | Industrial (32%) |
| Who are the major buyers? | OEMs (41%), System Integrators (18%) |
| What are the key market growth drivers? | Surge in adoption of electric vehicles and their charging infrastructure; Expanding renewable energy projects in North America |
| What are the major market challenges? | Increasing competition from silicon carbide (SiC) and gallium nitride (GaN) technologies posing a threat to conventional IGBT solutions (e; Supply chain constraints for semiconductor raw materials remaining a persistent hurdle for North American manufacturers (e |
| What is the forecast period? | 2026–2035 |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| Who are the key market players? | Infineon Technologies AG, Toshiba Corporation, ON Semiconductor, STMicroelectronics, Mitsubishi Electric Corporation, Fuji Electric Co., Ltd., Vishay Intertechnology, Inc., ABB Ltd, Littelfuse, Inc., SEMIKRON International GmbH, IXYS Corporation, Renesas Electronics Corporation, ROHM Co., Ltd., Microsemi Corporation, Dynex Semiconductor Ltd |
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