IGBT AND SUPER JUNCTION MOSFET MARKET ANALYSIS

IGBT and Super Junction MOSFET MarketSize and Trends

The global IGBT and super junction MOSFET market is estimated to be valued at US$ 12,782.8 million in 2021 and is expected to exhibit a CAGR of 12.5% over the forecast period (2021-2028).

Figure 1. Global IGBT and Super Junction MOSFET Market Value (US$ Mn), by Region, 2020

 Asia Pacific held dominant position in the global IGBT and super junction MOSFET market in 2020, accounting for 48.5% share in terms of volume, followed by Europe and North America, and RoW respectively.

Market Trend

The global IGBT and super junction MOSFET market is witnessing increased focus on IGBT chip optimization, owing to the increased demand for higher density, and increased power output and thermal resistivity. Several end-use applications, especially consumer applications, prefer IGBTs with small size and high reliability. Major vendors across the market are investing in research and development, in order to manufacture optimized chips that can improve the efficiency of IGBT modules.

The global IGBT and super junction MOSFET market is experiencing increased interest of players in IGBTs and super junction MOSFETs catering to a higher voltage range. From the time it ceased to make motor control IGBTs in the 1990s, ON Semiconductor has been focusing on IGBTs for automotive ignition. However, the increasing potential across the high-performance motor drive segment compelled the company to launch 600V and 1200V IGBTs. Similarly, Alpha and Omega Semiconductor launched IGBT devices for 600V range. ABB Ltd. introduced a diode function on its IGBT products to create a compact and higher power product called bi-mode insulated gate transistor.

Figure 2. Global IGBT and Super Junction MOSFET Market Share, By Product Type, 2020