Vehicle Electrification Ensures Promising Future for IGBT Devices
July 27, 2015 | Yole DéveloppementEstimated reading time: 2 minutes
IGBT devices are part of all power electronics applications: this market will be multiplied by 1.8 between 2014 and 2020, reaching US$ 6.2B in 2020, announces Yole Développement (Yole). The first IGBT devices commercialized 30 years ago had a voltage breakdown around 1,100V. Since then, power range has broadened to 400V - 6,500V, allowing IGBT to enter all segments.
According to the latest Yole’s analysis entitled “IGBT Technology & Market Trends” (July 2015 edition), the IGBT devices market growth will not stop there: indeed the vehicle electrification ensures a promising future for IGBT devices.
In this IGBT technology and market analysis, Yole highlights the dynamism of this market: boosted by the electric vehicle market, impacted by the Chinese companies willing to compete European and Japanese leaders and challenged by the latest innovative technologies at the module level, especially the packaging, this market presents a 10% CAGR between 2014 and 2020.
Yole’s analysts propose a comprehensive analysis of the IGBT devices market considering the voltage range, package type and application. Thanks to the daily discussions, Yole’s analysts perform with the power electronic leaders and key players, the team have a deep understanding of the market’s evolution and technical challenges.
With this methodology, the market research and strategy consulting company provides a detailed description of the IGBT players in this report, with their strategy and associated market shares.
“Vehicle electrification is heavily impacting the IGBT market, with huge volumes and significant added value because of the power modules used”, confirms Coralie Le Bret, Technology & Market Analyst at Yole. Vehicle volume will be critical by 2018, and the IGBT devices market for electrified vehicles will more than triple over the next six years. And Coralie Le Bret adds: “By 2020, we expect electrified vehicles to represent almost 50% of the IGBT market.”
IGBT devices market, with a 10% CAGR between 2014 and 2010, is clearly stimulated by the electric vehicles market and its own maturity. Under its report, Yole’s team announces the main technology & market trends:
- IGBTs for the consumer and white goods markets are expected to lose market share over time.
- Other markets including grid, photovoltaics, and UPS driven by data center growth, are very dynamic.
- In terms of voltage evolution, high and very high voltage IGBTs will gain market share in the coming years.
Yole’s IGBT analysis proposes updated IGBT market forecasts, with a split by voltage and application. Sub-segments are also analyzed for each of the six main power electronics applications, and a comparison with Yole’s 2013 report’s market forecasts is also provided. A detailed description of this report is available on i-micronews.com, power electronics report section.
Suggested Items
Boeing Opens Research & Technology Center in Japan
04/23/2024 | BoeingBoeing today opened a Boeing Research & Technology (BR&T) Center in Japan that will focus on innovation to enable the commercial aviation industry meet its goal of net zero carbon emissions by 2050.
Schweizer Electronic Appoints Thomas Gottwald as New Member of the Executive Board
04/23/2024 | Schweizer Electronic AGThe Supervisory Board of Schweizer Electronic AG has appointed Mr. Thomas Gottwald to the Executive Board as CTO (Chief Technology Officer) for a period of 3 years with effect from 1 May 2024.
US Department of Defense Selects Intel Foundry for Phase Three of RAMP-C
04/23/2024 | IntelThe U.S. Department of Defense (DoD) has awarded Intel Foundry Phase Three of its Rapid Assured Microelectronics Prototypes - Commercial (RAMP-C) program.
Real Time with... IPC APEX EXPO 2024: Industrial Quality Solutions from Zeiss
04/23/2024 | Real Time with...IPC APEX EXPOEditor Nolan Johnson and Herminso Gomez of Zeiss Group discuss the company's industrial quality solutions, with a focus on X-ray technology. Zeiss provides a range of microscopy options and Herminso highlights the advantages of X-ray technology for aerospace, medical, and consumer electronics sectors.
AIM Solder’s Dillon Zhu to Present on Ultraminiature Soldering at SMTA China East
04/22/2024 | AIMAIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce that Dillon Zhu will present on the topic: Ultraminiature Soldering: Techniques, Technologies, and Standards at SMTA China East. This event is being held at the Shanghai World Expo Exhibition & Convention Center from April 24-25.