The US IGBT and Thyristor Market is estimated to be USD 1.94 Bn in 2023 and is expected to reach USD 3.01 Bn by 2028, growing at a CAGR of 9.2%.Electricity demand is constantly increasing in developing economies due to the rising population
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Market Segmentations
The US IGBT and Thyristor Market is segmented based on Packaging Type, Power Rating, Voltage, and Applications- By Packaging Type, the market is classified into IGBT Discrete and IGBT Discrete.
- By Power Rating, the market is classified into Low Power IGBT, Medium Power IGBT, and High Power IGBT.
- By Voltage, the market is classified into < 400 V, 600-650 V, 1, 200-1, 700 V, 2, 500-3, 300 V, and >4, 500 V.
- By Applications, the market is classified into Power Transmission Systems, Renewable Energy Systems, Rail Traction Systems, Uninterrupted Power Supply, Electric Vehicles And Hybrid Electric Vehicles, Motor Drives, and Consumer Electronics.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are ABB Ltd., Fuji Electric Co. Ltd., Hitachi Ltd., Infineon Technologies Ag, Schneider Electric SE, Siemens Ag, etc.Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the US IGBT and Thyristor Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.The analyst analyses the US IGBT and Thyristor Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the US IGBT and Thyristor Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
1 Report Description1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Initiatives of Governments across Various Countries Toward Replacement of Aging Power Infrastructure
4.1.2 Adoption of Electric Motors in Industrial, Commercial, and Residential Applications
4.2 Restraints
4.2.1 High Infrastructure Development Cost
4.3 Opportunities
4.3.1 Increasing Adoption of Renewable Energy Sources
4.3.2 Growing Inclination Toward Use of Electric and Hybrid Electric Vehicles
4.4 Challenges
4.4.1 Complex Structure of Firing Circuits of IGBTS and Thyristors
4.4.2 Lack of Technology Awareness
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 US’ IGBT and Thyristor Market, By Packaging Type
6.1 Introduction
6.2 IGBT Discrete
6.3 IGBT Module
7 US’ IGBT and Thyristor Market, By Power Rating
7.1 Introduction
7.2 Low
7.3 Medium Power IGBT
7.4 High Power IGBT
8 US’ IGBT and Thyristor Market, By Voltage
8.1 Introduction
8.2 < 400 V
8.3 600-650 V
8.4 1,200-1,700 V
8.5 2,500-3,300 V
9 4,500 V
10 US’ IGBT and Thyristor Market, By Applications
10.1 Introduction
10.2 Power Transmission Systems
10.3 Renewable Energy Systems
10.4 Rail Traction Systems
10.5 Uninterrupted Power Supply
10.6 Electric Vehicles And Hybrid Electric Vehicles
10.7 Motor Drives
10.8 Consumer Electronics
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 ABB Ltd.
12.2 Central Semiconductor Corp.
12.3 Fuji Electric Co. Ltd.
12.4 Hitachi Ltd.
12.5 Infineon Technologies Ag
12.6 Littelfuse, Inc.
12.7 Mitsubishi Electric Corp.
12.8 New Jersey Semiconductor
12.9 On Semiconductor Corp.
12.10 Renesas Electronics Corp.
12.11 Schneider Electric SE
12.12 Semikron
12.13 Siemens Ag
12.14 Silicon Power Corp.
12.15 STMicroelectronics N.V.
12.16 Toshiba Corp.
12.17 Vishay Intertechnology, Inc.
13 Appendix
13.1 Questionnaire
Companies Mentioned
- ABB Ltd.
- Central Semiconductor Corp.
- Fuji Electric Co. Ltd.
- Hitachi Ltd.
- Infineon Technologies Ag
- Littelfuse, Inc.
- Mitsubishi Electric Corp.
- New Jersey Semiconductor
- On Semiconductor Corp.
- Renesas Electronics Corp.
- Schneider Electric SE
- Semikron
- Siemens Ag
- Silicon Power Corp.
- STMicroelectronics N.V.
- Toshiba Corp.
- Vishay Intertechnology, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 139 |
| Published | January 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 1.94 Billion |
| Forecasted Market Value ( USD | $ 3.01 Billion |
| Compound Annual Growth Rate | 9.2% |
| Regions Covered | United States |
| No. of Companies Mentioned | 17 |
