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IGCT Market: Global Opportunity Analysis and Industry Forecast, 2024-2032

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    Report

  • 270 Pages
  • January 2025
  • Region: Global
  • Allied Market Research
  • ID: 6119860
Description Jump to:
The IGCT market was valued at $14.3 million in 2023 and is projected to reach $26.0 million by 2032, growing at a CAGR of 6.9% from 2024 to 2032.

An integrated gate-commutated thyristor (IGCT) is a semiconductor switch that regulates electric power. The key attributes of IGCT include fast switching speeds and capacity to handle high power. It finds applications in power transmission, motor drives, and power conversion systems. The device exhibits a unique design that enables it to operate at voltages up to 4500V and current values exceeding 4000A. The structure of an IGCT comprises three alternating layers of P- and N-type semiconductor materials with a gate turn-off feature.

Increase in the popularity of renewable energy sources is boosting the demand for IGCTs to ensure efficient power conversion and streamlined energy supply. In addition, rise in electrification of different sectors, including transport and utilities, is propelling the growth of the IGCT market. Moreover, rapid surge in industrialization is driving the market growth as industries require reliable power conversion technologies to accomplish their operations efficiently. With upsurging trend of utilizing sustainable sources for energy requirements, governments across several countries are incentivizing the adoption of sustainable energies. Furthermore, significant investments are being made for the development of cutting-edge devices associated with power generation and supply. These efforts by the government are projected to fuel the production of innovative IGCTs with advanced attributes in the future.

However, IGCT faces stringent competition from alternate technologies, including insulated gate bipolar transistors and silicon carbide-metal oxide semiconductor field effect transistors. The high competency of alternatives hampers the development of the market. Furthermore, the deployment of effective thermal management solutions into IGCTs for the prevention of overheating is a costly and technically challenging task that restraints the market growth. On the contrary, explorations regarding the use of IGCTs in electric vehicles (EVs) and hybrid vehicles are expected to open novel avenues for the expansion of the market. The management consulting firm, McKinsey & Company predicts the largest automotive markets to become completely electric by 2035. This transformation is anticipated to present lucrative opportunities for the IGCT market.

Segment Review

The IGCT market is segmented into type, application, and region. On the basis of type, the market is divided into asymmetric IGCT, reverse blocking IGCT, and reverse conducting IGCT. Depending on application, it is classified into drive, traction, converter, and other. Region wise, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle & Africa.

Key Findings

  • On the basis of type, the asymmetric IGCT segment was the highest shareholder of the market in 2023.
  • Depending on application, the drive segment acquired a high stake in the market in 2023.
  • Region wise, Asia-Pacific was the highest revenue generator in 2023.

Competition Analysis

The leading players operating in the global IGCT market include ABB Group, Mitsubishi Electric Corp, Infineon Technologies AG, Fuji Electric Co, Hitachi Energy Ltd., Siemens Energy, Siemens Energy, CRRC Corporation Limited, and IXYS Corporation. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.

Additional benefits you will get with this purchase are:

  • 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
  • Free Upcoming Version on the Purchase of Enterprise User License.
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  • 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
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  • Free Updated report if the report is 6-12 months old or older.
  • 24-hour priority response*
  • Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

  • New Product Development/ Product Matrix of Key Players
  • Patient/epidemiology data at country, region, global level
  • Historic market data
  • Key player details (including location, contact details, supplier/vendor network etc. in excel format)
  • SWOT Analysis

Key Market Segments

By Type

  • Asymmetric IGCT
  • Reverse blocking IGCT
  • Reverse Conducting IGCT

By Application

  • Drive
  • Traction
  • Converter
  • Other

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
  • Middle and Africa
  • UAE
  • Saudi Arabia
  • Rest of Middle East and Africa

Key Market Players

  • ABB Group
  • Mitsubishi Electric Corp
  • Infineon Technologies AG
  • Fuji Electric Co
  • Hitachi Energy Ltd.
  • Siemens Energy
  • Siemens Energy
  • CRRC Corporation Limited
  • IXYS Corporation.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET LANDSCAPE
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
CHAPTER 4: IGCT MARKET, BY TYPE
4.1. Market Overview
4.1.1 Market Size and Forecast, By Type
4.2. Asymmetric IGCT
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, By Region
4.2.3. Market Share Analysis, By Country
4.3. Reverse Blocking IGCT
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, By Region
4.3.3. Market Share Analysis, By Country
4.4. Reverse Conducting IGCT
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast, By Region
4.4.3. Market Share Analysis, By Country
CHAPTER 5: IGCT MARKET, BY APPLICATION
5.1. Market Overview
5.1.1 Market Size and Forecast, By Application
5.2. Drive
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, By Region
5.2.3. Market Share Analysis, By Country
5.3. Traction
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, By Region
5.3.3. Market Share Analysis, By Country
5.4. Converter
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, By Region
5.4.3. Market Share Analysis, By Country
5.5. Other
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast, By Region
5.5.3. Market Share Analysis, By Country
CHAPTER 6: IGCT MARKET, BY REGION
6.1. Market Overview
6.1.1 Market Size and Forecast, By Region
6.2. North America
6.2.1. Key Market Trends and Opportunities
6.2.2. Market Size and Forecast, By Type
6.2.3. Market Size and Forecast, By Application
6.2.4. Market Size and Forecast, By Country
6.2.5. U.S. IGCT Market
6.2.5.1. Market Size and Forecast, By Type
6.2.5.2. Market Size and Forecast, By Application
6.2.6. Canada IGCT Market
6.2.6.1. Market Size and Forecast, By Type
6.2.6.2. Market Size and Forecast, By Application
6.2.7. Mexico IGCT Market
6.2.7.1. Market Size and Forecast, By Type
6.2.7.2. Market Size and Forecast, By Application
6.3. Europe
6.3.1. Key Market Trends and Opportunities
6.3.2. Market Size and Forecast, By Type
6.3.3. Market Size and Forecast, By Application
6.3.4. Market Size and Forecast, By Country
6.3.5. UK IGCT Market
6.3.5.1. Market Size and Forecast, By Type
6.3.5.2. Market Size and Forecast, By Application
6.3.6. Germany IGCT Market
6.3.6.1. Market Size and Forecast, By Type
6.3.6.2. Market Size and Forecast, By Application
6.3.7. France IGCT Market
6.3.7.1. Market Size and Forecast, By Type
6.3.7.2. Market Size and Forecast, By Application
6.3.8. Italy IGCT Market
6.3.8.1. Market Size and Forecast, By Type
6.3.8.2. Market Size and Forecast, By Application
6.3.9. Rest Of Europe IGCT Market
6.3.9.1. Market Size and Forecast, By Type
6.3.9.2. Market Size and Forecast, By Application
6.4. Asia-Pacific
6.4.1. Key Market Trends and Opportunities
6.4.2. Market Size and Forecast, By Type
6.4.3. Market Size and Forecast, By Application
6.4.4. Market Size and Forecast, By Country
6.4.5. China IGCT Market
6.4.5.1. Market Size and Forecast, By Type
6.4.5.2. Market Size and Forecast, By Application
6.4.6. Japan IGCT Market
6.4.6.1. Market Size and Forecast, By Type
6.4.6.2. Market Size and Forecast, By Application
6.4.7. India IGCT Market
6.4.7.1. Market Size and Forecast, By Type
6.4.7.2. Market Size and Forecast, By Application
6.4.8. South Korea IGCT Market
6.4.8.1. Market Size and Forecast, By Type
6.4.8.2. Market Size and Forecast, By Application
6.4.9. Rest of Asia-Pacific IGCT Market
6.4.9.1. Market Size and Forecast, By Type
6.4.9.2. Market Size and Forecast, By Application
6.5. Latin America
6.5.1. Key Market Trends and Opportunities
6.5.2. Market Size and Forecast, By Type
6.5.3. Market Size and Forecast, By Application
6.5.4. Market Size and Forecast, By Country
6.5.5. Brazil IGCT Market
6.5.5.1. Market Size and Forecast, By Type
6.5.5.2. Market Size and Forecast, By Application
6.5.6. Argentina IGCT Market
6.5.6.1. Market Size and Forecast, By Type
6.5.6.2. Market Size and Forecast, By Application
6.5.7. REST oF Latin America IGCT Market
6.5.7.1. Market Size and Forecast, By Type
6.5.7.2. Market Size and Forecast, By Application
6.6. Middle And Africa
6.6.1. Key Market Trends and Opportunities
6.6.2. Market Size and Forecast, By Type
6.6.3. Market Size and Forecast, By Application
6.6.4. Market Size and Forecast, By Country
6.6.5. UAE IGCT Market
6.6.5.1. Market Size and Forecast, By Type
6.6.5.2. Market Size and Forecast, By Application
6.6.6. Saudi Arabia IGCT Market
6.6.6.1. Market Size and Forecast, By Type
6.6.6.2. Market Size and Forecast, By Application
6.6.7. Rest of Middle East And Africa IGCT Market
6.6.7.1. Market Size and Forecast, By Type
6.6.7.2. Market Size and Forecast, By Application
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top Winning Strategies
7.3. Product Mapping Of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top Player Positioning, 2023
CHAPTER 8: COMPANY PROFILES
8.1. ABB Group
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Business Performance
8.1.7. Key Strategic Moves and Developments
8.2. Mitsubishi Electric Corp
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. Business Performance
8.2.7. Key Strategic Moves and Developments
8.3. Infineon Technologies AG
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. Business Performance
8.3.7. Key Strategic Moves and Developments
8.4. Fuji Electric Co
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Business Performance
8.4.7. Key Strategic Moves and Developments
8.5. Hitachi Energy Ltd.
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Business Performance
8.5.7. Key Strategic Moves and Developments
8.6. Siemens Energy
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. Business Performance
8.6.7. Key Strategic Moves and Developments
8.7. Siemens Energy
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Business Performance
8.7.7. Key Strategic Moves and Developments
8.8. CRRC Corporation Limited
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.8.6. Business Performance
8.8.7. Key Strategic Moves and Developments
8.9. IXYS Corporation.
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Business Performance
8.9.7. Key Strategic Moves and Developments
LIST OF TABLES
Table 1. Global Igct Market, by Type, 2024 - 2032 ($Million)
Table 2. Igct Market for Asymmetric Igct, by Region, 2024 - 2032 ($Million)
Table 3. Igct Market for Reverse Blocking Igct, by Region, 2024 - 2032 ($Million)
Table 4. Igct Market for Reverse Conducting Igct, by Region, 2024 - 2032 ($Million)
Table 5. Global Igct Market, by Application, 2024 - 2032 ($Million)
Table 6. Igct Market for Drive, by Region, 2024 - 2032 ($Million)
Table 7. Igct Market for Traction, by Region, 2024 - 2032 ($Million)
Table 8. Igct Market for Converter, by Region, 2024 - 2032 ($Million)
Table 9. Igct Market for Other, by Region, 2024 - 2032 ($Million)
Table 10. Igct Market, by Region, 2024 - 2032 ($Million)
Table 11. North America Igct Market, by Country, 2024 - 2032 ($Million)
Table 12. North America Igct Market, by Type, 2024 - 2032 ($Million)
Table 13. North America Igct Market, by Application, 2024 - 2032 ($Million)
Table 14. U.S. Igct Market, by Type, 2024 - 2032 ($Million)
Table 15. U.S. Igct Market, by Application, 2024 - 2032 ($Million)
Table 16. Canada Igct Market, by Type, 2024 - 2032 ($Million)
Table 17. Canada Igct Market, by Application, 2024 - 2032 ($Million)
Table 18. Mexico Igct Market, by Type, 2024 - 2032 ($Million)
Table 19. Mexico Igct Market, by Application, 2024 - 2032 ($Million)
Table 20. Europe Igct Market, by Country, 2024 - 2032 ($Million)
Table 21. Europe Igct Market, by Type, 2024 - 2032 ($Million)
Table 22. Europe Igct Market, by Application, 2024 - 2032 ($Million)
Table 23. UK Igct Market, by Type, 2024 - 2032 ($Million)
Table 24. UK Igct Market, by Application, 2024 - 2032 ($Million)
Table 25. Germany Igct Market, by Type, 2024 - 2032 ($Million)
Table 26. Germany Igct Market, by Application, 2024 - 2032 ($Million)
Table 27. France Igct Market, by Type, 2024 - 2032 ($Million)
Table 28. France Igct Market, by Application, 2024 - 2032 ($Million)
Table 29. Italy Igct Market, by Type, 2024 - 2032 ($Million)
Table 30. Italy Igct Market, by Application, 2024 - 2032 ($Million)
Table 31. Rest of Europe Igct Market, by Type, 2024 - 2032 ($Million)
Table 32. Rest of Europe Igct Market, by Application, 2024 - 2032 ($Million)
Table 33. Asia-Pacific Igct Market, by Country, 2024 - 2032 ($Million)
Table 34. Asia-Pacific Igct Market, by Type, 2024 - 2032 ($Million)
Table 35. Asia-Pacific Igct Market, by Application, 2024 - 2032 ($Million)
Table 36. China Igct Market, by Type, 2024 - 2032 ($Million)
Table 37. China Igct Market, by Application, 2024 - 2032 ($Million)
Table 38. Japan Igct Market, by Type, 2024 - 2032 ($Million)
Table 39. Japan Igct Market, by Application, 2024 - 2032 ($Million)
Table 40. India Igct Market, by Type, 2024 - 2032 ($Million)
Table 41. India Igct Market, by Application, 2024 - 2032 ($Million)
Table 42. South Korea Igct Market, by Type, 2024 - 2032 ($Million)
Table 43. South Korea Igct Market, by Application, 2024 - 2032 ($Million)
Table 44. Rest of Asia-Pacific Igct Market, by Type, 2024 - 2032 ($Million)
Table 45. Rest of Asia-Pacific Igct Market, by Application, 2024 - 2032 ($Million)
Table 46. Latin America Igct Market, by Country, 2024 - 2032 ($Million)
Table 47. Latin America Igct Market, by Type, 2024 - 2032 ($Million)
Table 48. Latin America Igct Market, by Application, 2024 - 2032 ($Million)
Table 49. Brazil Igct Market, by Type, 2024 - 2032 ($Million)
Table 50. Brazil Igct Market, by Application, 2024 - 2032 ($Million)
Table 51. Argentina Igct Market, by Type, 2024 - 2032 ($Million)
Table 52. Argentina Igct Market, by Application, 2024 - 2032 ($Million)
Table 53. Rest of Latin America Igct Market, by Type, 2024 - 2032 ($Million)
Table 54. Rest of Latin America Igct Market, by Application, 2024 - 2032 ($Million)
Table 55. Middle and Africa Igct Market, by Country, 2024 - 2032 ($Million)
Table 56. Middle and Africa Igct Market, by Type, 2024 - 2032 ($Million)
Table 57. Middle and Africa Igct Market, by Application, 2024 - 2032 ($Million)
Table 58. UAE Igct Market, by Type, 2024 - 2032 ($Million)
Table 59. UAE Igct Market, by Application, 2024 - 2032 ($Million)
Table 60. Saudi Arabia Igct Market, by Type, 2024 - 2032 ($Million)
Table 61. Saudi Arabia Igct Market, by Application, 2024 - 2032 ($Million)
Table 62. Rest of Middle East and Africa Igct Market, by Type, 2024 - 2032 ($Million)
Table 63. Rest of Middle East and Africa Igct Market, by Application, 2024 - 2032 ($Million)
Table 64. Abb Group: Key Executives
Table 65. Abb Group: Company Snapshot
Table 66. Abb Group: Operating Segments
Table 67. Abb Group: Product Portfolio
Table 68. Abb Group: Key Strategic Moves and Developments
Table 69. Mitsubishi Electric Corp: Key Executives
Table 70. Mitsubishi Electric Corp: Company Snapshot
Table 71. Mitsubishi Electric Corp: Operating Segments
Table 72. Mitsubishi Electric Corp: Product Portfolio
Table 73. Mitsubishi Electric Corp: Key Strategic Moves and Developments
Table 74. Infineon Technologies Ag: Key Executives
Table 75. Infineon Technologies Ag: Company Snapshot
Table 76. Infineon Technologies Ag: Operating Segments
Table 77. Infineon Technologies Ag: Product Portfolio
Table 78. Infineon Technologies Ag: Key Strategic Moves and Developments
Table 79. Fuji Electric Co: Key Executives
Table 80. Fuji Electric Co: Company Snapshot
Table 81. Fuji Electric Co: Operating Segments
Table 82. Fuji Electric Co: Product Portfolio
Table 83. Fuji Electric Co: Key Strategic Moves and Developments
Table 84. Hitachi Energy Ltd.: Key Executives
Table 85. Hitachi Energy Ltd.: Company Snapshot
Table 86. Hitachi Energy Ltd.: Operating Segments
Table 87. Hitachi Energy Ltd.: Product Portfolio
Table 88. Hitachi Energy Ltd.: Key Strategic Moves and Developments
Table 89. Siemens Energy: Key Executives
Table 90. Siemens Energy: Company Snapshot
Table 91. Siemens Energy: Operating Segments
Table 92. Siemens Energy: Product Portfolio
Table 93. Siemens Energy: Key Strategic Moves and Developments
Table 94. Siemens Energy: Key Executives
Table 95. Siemens Energy: Company Snapshot
Table 96. Siemens Energy: Operating Segments
Table 97. Siemens Energy: Product Portfolio
Table 98. Siemens Energy: Key Strategic Moves and Developments
Table 99. Crrc Corporation Limited: Key Executives
Table 100. Crrc Corporation Limited: Company Snapshot
Table 101. Crrc Corporation Limited: Operating Segments
Table 102. Crrc Corporation Limited: Product Portfolio
Table 103. Crrc Corporation Limited: Key Strategic Moves and Developments
Table 104. Ixys Corporation.: Key Executives
Table 105. Ixys Corporation.: Company Snapshot
Table 106. Ixys Corporation.: Operating Segments
Table 107. Ixys Corporation.: Product Portfolio
Table 108. Ixys Corporation.: Key Strategic Moves and Developments
LIST OF FIGURES
Figure 1. Global Igct Market, 2024 - 2032
Figure 2. Segmentation of Igct Market, 2024 - 2032
Figure 3. Top Investment Pocket in Igct Market
Figure 4. Moderate Bargaining Power of Buyers
Figure 5. Moderate Bargaining Power of Suppliers
Figure 6. Moderate Threat of New Entrants
Figure 7. Low Threat of Substitution
Figure 8. High Competitive Rivalry
Figure 9. Opportunities, Restraints and Drivers: Globaligct Market
Figure 10. Global Igct Market Segmentation, by Type
Figure 11. Igct Market for Asymmetric Igct, by Country, 2024 - 2032 ($Million)
Figure 12. Igct Market for Reverse Blocking Igct, by Country, 2024 - 2032 ($Million)
Figure 13. Igct Market for Reverse Conducting Igct, by Country, 2024 - 2032 ($Million)
Figure 14. Global Igct Market Segmentation, by Application
Figure 15. Igct Market for Drive, by Country, 2024 - 2032 ($Million)
Figure 16. Igct Market for Traction, by Country, 2024 - 2032 ($Million)
Figure 17. Igct Market for Converter, by Country, 2024 - 2032 ($Million)
Figure 18. Igct Market for Other, by Country, 2024 - 2032 ($Million)
Figure 19. Top Winning Strategies, by Year, 2022-2024*
Figure 20. Top Winning Strategies, by Development, 2022-2024*
Figure 21. Top Winning Strategies, by Company, 2022-2024*
Figure 22. Product Mapping of Top 10 Players
Figure 23. Competitive Dashboard
Figure 24. Competitive Heatmap: Igct Market
Figure 25. Top Player Positioning, 2023
Figure 26. ABB Group: Net Sales, 2022-2024 ($Million)
Figure 27. ABB Group: Revenue Share, by Segment, 2023 (%)
Figure 28. ABB Group: Revenue Share, by Region, 2024 (%)
Figure 29. Mitsubishi Electric Corp: Net Sales, 2022-2024 ($Million)
Figure 30. Mitsubishi Electric Corp: Revenue Share, by Segment, 2023 (%)
Figure 31. Mitsubishi Electric Corp: Revenue Share, by Region, 2024 (%)
Figure 32. Infineon Technologies AG: Net Sales, 2022-2024 ($Million)
Figure 33. Infineon Technologies AG: Revenue Share, by Segment, 2023 (%)
Figure 34. Infineon Technologies AG: Revenue Share, by Region, 2024 (%)
Figure 35. Fuji Electric Co: Net Sales, 2022-2024 ($Million)
Figure 36. Fuji Electric Co: Revenue Share, by Segment, 2023 (%)
Figure 37. Fuji Electric Co: Revenue Share, by Region, 2024 (%)
Figure 38. Hitachi Energy Ltd.: Net Sales, 2022-2024 ($Million)
Figure 39. Hitachi Energy Ltd.: Revenue Share, by Segment, 2023 (%)
Figure 40. Hitachi Energy Ltd.: Revenue Share, by Region, 2024 (%)
Figure 41. Siemens Energy: Net Sales, 2022-2024 ($Million)
Figure 42. Siemens Energy: Revenue Share, by Segment, 2023 (%)
Figure 43. Siemens Energy: Revenue Share, by Region, 2024 (%)
Figure 44. Siemens Energy: Net Sales, 2022-2024 ($Million)
Figure 45. Siemens Energy: Revenue Share, by Segment, 2023 (%)
Figure 46. Siemens Energy: Revenue Share, by Region, 2024 (%)
Figure 47. Crrc Corporation Limited: Net Sales, 2022-2024 ($Million)
Figure 48. Crrc Corporation Limited: Revenue Share, by Segment, 2023 (%)
Figure 49. Crrc Corporation Limited: Revenue Share, by Region, 2024 (%)
Figure 50. Ixys Corporation.: Net Sales, 2022-2024 ($Million)
Figure 51. Ixys Corporation.: Revenue Share, by Segment, 2023 (%)
Figure 52. Ixys Corporation.: Revenue Share, by Region, 2024 (%)

Companies Mentioned

  • ABB Group
  • Mitsubishi Electric Corp
  • Infineon Technologies AG
  • Fuji Electric Co
  • Hitachi Energy Ltd.
  • Siemens Energy
  • Siemens Energy
  • CRRC Corporation Limited
  • IXYS Corporation.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages270
PublishedJanuary 2025
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 14.3 million
Forecasted Market Value ( USD ) by 2032 $ 26 million
Compound Annual Growth Rate6.9%
Regions CoveredGlobal
No. of Companies Mentioned9

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