IGBTs and Thyristors Market Research Report
Published: Oct 06, 2025
•ID: 4369465
•125 PagesIGBTs and
Thyristors
IGBTs and Thyristors Market Size, Share Growth & Forecast
Global IGBTs and Thyristors Market is segmented by Application (Automotive, Industrial Equipment, Consumer Electronics, Renewable Energy, Power Generation), Type (Insulated-Gate Bipolar Transistors (IGBTs)_Thyristors_Power Diodes_Gate Turn-Off Thyristors (GTO)_Silicon-Controlled Rectifiers (SCR)), and Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)
Report ID:
HTF4369465
Published:
CAGR:
9.60%
Base Year:
2025
Market Size (2025):
$13.4 Billion
Forecast (2033):
$27.8 Billion
Pricing
Industry Overview
The IGBT and thyristor market includes power semiconductors used to switch and control electrical power in a range of systems. These components are crucial for power conversion, energy efficiency, and renewable energy systems. The market is growing due to the rise in demand for energy-efficient devices and the transition toward electric vehicles and smart grids.
Key Highlights of the IGBTs and Thyristors
• The IGBTs and Thyristors is growing at a CAGR of 9.60% during the forecasted period of 2025 to 2033
• Year on Year growth for the market is N/A
• North America dominated the market share of 13.4 Billion % in 2025
• Based on type, the market is bifurcated into Insulated-Gate Bipolar Transistors (IGBTs), Thyristors, Power Diodes, Gate Turn-Off Thyristors (GTO), Silicon-Controlled Rectifiers (SCR) segment dominated the market share during the forecasted period
• Based on application the market is segmented into Application Automotive, Industrial Equipment, Consumer Electronics, Renewable Energy, Power Generation is the fastest-growing segment
• Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Dynamics Overview
The market dynamics are influenced by a complex interplay of factors that drive and shape industry behavior. Key elements include supply and demand dynamics, were shifts in consumer preferences or production capabilities impact pricing and market stability. Competitive forces play a crucial role, with companies adjusting their strategies based on competitor actions, pricing, and innovation. Economic conditions like inflation rates, currency fluctuations, and overall economic growth also affect market performance and consumer purchasing power.
Additionally, technological advancements introduce new products and services, disrupting existing market structures and creating growth opportunities. Regulatory changes and policies can alter market dynamics by influencing operational practices and market entry. Understanding these market dynamics requires continuous monitoring and analysis to anticipate trends, identify opportunities, and develop strategies that align with evolving market conditions. Effective management of these dynamics is essential for maintaining competitive advantage and achieving business success.
Influencing Trend:
- • Growth in demand for power-efficient devices in EVs
- • rise in demand for energy-efficient power systems
- • growing use of IGBTs in renewable energy systems
- • advancements in semiconductor materials
- • increasing adoption in industrial automation.
- • Increasing demand for energy-efficient devices
- • rising adoption of electric vehicles (EVs)
- • growing need for power electronics
- • advancements in smart grids
- • increasing focus on renewable energy integration.
- • High production costs
- • complex integration in power systems
- • dependency on raw materials
- • competition from alternative power semiconductor technologies
- • challenges in managing heat dissipation in IGBT systems.
- • Expansion into electric vehicle markets
- • rise in demand for renewable energy systems
- • development of high-efficiency IGBTs
- • growth in smart grid adoption
- • demand for energy-efficient power semiconductor systems.
Import and Export Data
The data is collected, imported, and exported through a comprehensive approach that ensures accuracy and depth. We source information from government databases, which provide official trade statistics and customs data, as well as industry reports and trade journals for detailed market insights. Company filings and financial disclosures also contribute valuable data on import and export activities. To aggregate and normalize this data to maintain consistency and accuracy. To ensure reliability, and cross-verify information across multiple sources and analyze trends to understand market dynamics. The key findings are compiled into detailed reports that offer insights into trade volumes, key markets, and emerging trends, accompanied by actionable recommendations. This thorough process allows to deliver of precise and valuable trade data that supports strategic decision-making for the clients.
Key Players
Several key players in the IGBTs and Thyristors market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at N/A. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
Regional Insight
The Asia-Pacific is the fastest-growing region, fuelled by a rapidly increasing population and expanding economic sectors. Factors such as urbanization, improved infrastructure, and government support for industrial development are key drivers. Additionally, the region's young workforce and rising consumer demand are accelerating growth. In contrast, North America remains the dominant region, leading the market with well-established industries, technological advancements, and a strong global foothold.
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Market Segmentation Overview
• Type segmentation categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.
• Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
• Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
• Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
• Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.
Market Segmentation
Segmentation by Type
- • Insulated-Gate Bipolar Transistors (IGBTs)
- • Thyristors
- • Power Diodes
- • Gate Turn-Off Thyristors (GTO)
- • Silicon-Controlled Rectifiers (SCR)
Segmentation by Application
- • Automotive
- • Industrial Equipment
- • Consumer Electronics
- • Renewable Energy
- • Power Generation
This report also splits the market by players:
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Consumer Behavior Analysis
conduct consumer behavior analysis by examining the factors that influence purchasing decisions. The data starts by collecting data from surveys, focus groups, social media, and transactional records to understand consumer preferences and buying patterns. Then segment consumers based on behaviors such as purchase frequency and brand loyalty, allowing us to tailor strategies for different groups.
The psychographic analysis delves into consumers' attitudes, values, and lifestyles to gain deeper insights into their motivations. Also, tracks emerging trends to anticipate shifts in consumer behavior and uses predictive modeling to forecast future preferences. This comprehensive approach enables to provide actionable insights that help businesses better understand their customers, optimize marketing efforts, and enhance product development.
Market Entropy
- • June 2024 – Infineon and Mitsubishi Electric launched advanced IGBTs and thyristors for use in electric vehicle (EV) powertrains
- • April
- • Patents focus on innovations in IGBT and thyristor design
- • Investment in the IGBT and thyristor market is increasing due to demand from electric vehicle manufacturers
Research Methodology
The research delivers comprehensive market insights that combine both secondary and primary methodologies. The secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. Integrating these approaches, offers a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions.
Market Highlights
Report Features
|
Details
|
Base Year
|
2025
|
Based Year Market Size
|
13.4 Billion
|
Historical Period
|
2020
|
CAGR (2025to FORECAST_YEAR})
|
9.60%
|
Forecast Period
|
2033
|
Forecasted Period Market Size (FORECAST_YEAR})
|
27.8 Billion
|
Scope of the Report
|
Insulated-Gate Bipolar Transistors (IGBTs), Thyristors, Power Diodes, Gate Turn-Off Thyristors (GTO), Silicon-Controlled Rectifiers (SCR), Automotive, Industrial Equipment, Consumer Electronics, Renewable Energy, Power Generation, Sales Channel
|
Regions Covered
|
North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
|
Companies Covered
|
Infineon Technologies (Germany), Mitsubishi Electric (Japan), ON Semiconductor (USA), ABB (Switzerland), STMicroelectronics (Switzerland), Fuji Electric (Japan), Hitachi (Japan), Renesas Electronics (Japan), Toshiba (Japan), NXP Semiconductors (Netherlands), Vishay Intertechnology (USA), Powerex (USA), SEMIKRON (Germany), Diodes Incorporated (USA), Microsemi Corporation (USA), Texas Instruments (USA), Eltek (Norway), Cree Inc. (USA), Broadcom (USA), Sanken Electric (Japan)
|
Customization Scope
|
15% Free Customization (For EG)
|
Delivery Format
|
PDF and Excel through Email
|
IGBTs and Thyristors - Table of Contents
Chapter 1: Market Preface
1.1 Global IGBTs and Thyristors Market Landscape
1.2 Scope of the Study
1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
2.1 Global IGBTs and Thyristors Market Outlook
2.2 Total Addressable Market versus Serviceable Market
2.3 Market Rivalry Projection
Chapter 3: Global IGBTs and Thyristors Market Business Environment & Changing Dynamics
3.1 Growth Drivers
3.1.1 Increasing demand for energy-efficient devices
3.1.2 rising adoption of electric vehicles (EVs)
3.1.3 growing need for power electronics
3.1.4 advancements in smart grids
3.1.5 increasing focus on renewable energy integration.
3.2 Available Opportunities
3.2.1 Expansion into electric vehicle markets
3.2.2 rise in demand for renewable energy systems
3.2.3 development of high-efficiency IGBTs
3.2.4 growth in smart grid adoption
3.2.5 demand for energy-efficient power semiconductor systems.
3.3 Influencing Trends
3.3.1 Growth in demand for power-efficient devices in EVs
3.3.2 rise in demand for energy-efficient power systems
3.3.3 growing use of IGBTs in renewable energy systems
3.3.4 advancements in semiconductor materials
3.3.5 increasing adoption in industrial automation.
3.4 Challenges
3.4.1 High production costs
3.4.2 complex integration in power systems
3.4.3 dependency on raw materials
3.4.4 competition from alternative power semiconductor technologies
3.4.5 challenges in managing heat dissipation in IGBT systems.
3.5 Regional Dynamics
Chapter 4: Global IGBTs and Thyristors Industry Factors Assessment
4.1 Current Scenario
4.2 PEST Analysis
4.3 Business Environment - PORTER 5-Forces Analysis
4.3.1 Supplier Leverage
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of Substitutes
4.3.4 Threat from New Entrant
4.3.5 Market Competition Level
4.4 Roadmap of IGBTs and Thyristors Market
4.5 Impact of Macro-Economic Factors
4.6 Market Entry Strategies
4.7 Political and Regulatory Landscape
4.8 Supply Chain Analysis
4.9 Impact of Tariff War
Chapter 5: IGBTs and Thyristors : Competition Benchmarking & Performance Evaluation
5.1 Global IGBTs and Thyristors Market Concentration Ratio
5.1.1 CR4
5.1.2 CR8 and HH Index
5.1.2 % Market Share - Top 3
5.1.3 Market Holding by Top 5
5.2 Market Position of Manufacturers by IGBTs and Thyristors Revenue 2025
5.3 Global IGBTs and Thyristors Sales Volume by Manufacturers (2025)
5.4 BCG Matrix
5.4 Market Entropy
5.5 Price Competition Analysis
5.6 Product Portfolio Comparison
5.7 Strategic Alliances and Partnerships
5.8 Merger & Acquisition Activities
Chapter 6: Global IGBTs and Thyristors Market: Company Profiles
6.1 Infineon Technologies (Germany), Mitsubishi Electric (Japan), ON Semiconductor (USA), ABB (Switzerland), STMicroelectronics (Switzerland), Fuji Electric (Japan), Hitachi (Japan), Renesas Electronics (Japan), Toshiba (Japan), NXP Semiconductors (Netherlands), Vishay Intertechnology (USA), Powerex (USA), SEMIKRON (Germany), Diodes Incorporated (USA), Microsemi Corporation (USA), Texas Instruments (USA), Eltek (Norway), Cree Inc. (USA), Broadcom (USA), Sanken Electric (Japan)
6.1.1 Infineon Technologies (Germany)
6.1.2 Mitsubishi Electric (Japan)
6.1.3 ON Semiconductor (USA)
6.1.4 ABB (Switzerland)
6.1.5 STMicroelectronics (Switzerland)
6.1.6 Fuji Electric (Japan)
6.1.7 Hitachi (Japan)
6.1.8 Renesas Electronics (Japan)
6.1.9 Toshiba (Japan)
6.1.10 NXP Semiconductors (Netherlands)
6.1.11 Vishay Intertechnology (USA)
6.1.12 Powerex (USA)
6.1.13 SEMIKRON (Germany)
6.1.14 Diodes Incorporated (USA)
6.1.15 Microsemi Corporation (USA)
6.1.16 Texas Instruments (USA)
6.1.17 Eltek (Norway)
6.1.18 Cree Inc. (USA)
6.1.19 Broadcom (USA)
6.1.20 Sanken Electric (Japan) Company Overview
Chapter 7: Global IGBTs and Thyristors by Type & Application (2020-2033)
7.1 Global IGBTs and Thyristors Market Revenue Analysis (USD Million) by Type (2020-2025)
7.1.1 Insulated-Gate Bipolar Transistors (IGBTs)
7.1.2 Thyristors
7.1.3 Power Diodes
7.1.4 Gate Turn-Off Thyristors (GTO)
7.1.5 Silicon-Controlled Rectifiers (SCR)
7.2 Global IGBTs and Thyristors Market Revenue Analysis (USD Million) by Application (2020-2025)
7.2.1 Automotive
7.2.2 Industrial Equipment
7.2.3 Consumer Electronics
7.2.4 Renewable Energy
7.2.5 Power Generation
7.3 Global IGBTs and Thyristors Market Revenue Analysis (USD Million) by Type (2025-2033)
7.4 Global IGBTs and Thyristors Market Revenue Analysis (USD Million) by Application (2025-2033)
Chapter 8: North America IGBTs and Thyristors Market Breakdown by Country, Type & Application
8.1 North America IGBTs and Thyristors Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
8.1.1 United States
8.1.2 Canada
8.1.3 Mexico
8.2 North America IGBTs and Thyristors Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
8.2.1 Insulated-Gate Bipolar Transistors (IGBTs)
8.2.2 Thyristors
8.2.3 Power Diodes
8.2.4 Gate Turn-Off Thyristors (GTO)
8.2.5 Silicon-Controlled Rectifiers (SCR)
8.3 North America IGBTs and Thyristors Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
8.3.1 Automotive
8.3.2 Industrial Equipment
8.3.3 Consumer Electronics
8.3.4 Renewable Energy
8.3.5 Power Generation
8.4 North America IGBTs and Thyristors Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
8.5 North America IGBTs and Thyristors Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
8.6 North America IGBTs and Thyristors Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 9: Europe IGBTs and Thyristors Market Breakdown by Country, Type & Application
9.1 Europe IGBTs and Thyristors Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
9.1.1 Germany
9.1.2 UK
9.1.3 France
9.1.4 Italy
9.1.5 Spain
9.1.6 Russia
9.1.7 Rest of Europe
9.2 Europe IGBTs and Thyristors Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
9.2.1 Insulated-Gate Bipolar Transistors (IGBTs)
9.2.2 Thyristors
9.2.3 Power Diodes
9.2.4 Gate Turn-Off Thyristors (GTO)
9.2.5 Silicon-Controlled Rectifiers (SCR)
9.3 Europe IGBTs and Thyristors Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
9.3.1 Automotive
9.3.2 Industrial Equipment
9.3.3 Consumer Electronics
9.3.4 Renewable Energy
9.3.5 Power Generation
9.4 Europe IGBTs and Thyristors Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
9.5 Europe IGBTs and Thyristors Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
9.6 Europe IGBTs and Thyristors Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 10: Asia Pacific IGBTs and Thyristors Market Breakdown by Country, Type & Application
10.1 Asia Pacific IGBTs and Thyristors Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
10.1.1 China
10.1.2 Japan
10.1.3 India
10.1.4 South Korea
10.1.5 Australia
10.1.6 Southeast Asia
10.1.7 Rest of Asia Pacific
10.2 Asia Pacific IGBTs and Thyristors Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
10.2.1 Insulated-Gate Bipolar Transistors (IGBTs)
10.2.2 Thyristors
10.2.3 Power Diodes
10.2.4 Gate Turn-Off Thyristors (GTO)
10.2.5 Silicon-Controlled Rectifiers (SCR)
10.3 Asia Pacific IGBTs and Thyristors Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
10.3.1 Automotive
10.3.2 Industrial Equipment
10.3.3 Consumer Electronics
10.3.4 Renewable Energy
10.3.5 Power Generation
10.4 Asia Pacific IGBTs and Thyristors Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
10.5 Asia Pacific IGBTs and Thyristors Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
10.6 Asia Pacific IGBTs and Thyristors Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 11: Latin America IGBTs and Thyristors Market Breakdown by Country, Type & Application
11.1 Latin America IGBTs and Thyristors Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
11.1.1 Brazil
11.1.2 Argentina
11.1.3 Chile
11.1.4 Rest of Latin America
11.2 Latin America IGBTs and Thyristors Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
11.2.1 Insulated-Gate Bipolar Transistors (IGBTs)
11.2.2 Thyristors
11.2.3 Power Diodes
11.2.4 Gate Turn-Off Thyristors (GTO)
11.2.5 Silicon-Controlled Rectifiers (SCR)
11.3 Latin America IGBTs and Thyristors Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
11.3.1 Automotive
11.3.2 Industrial Equipment
11.3.3 Consumer Electronics
11.3.4 Renewable Energy
11.3.5 Power Generation
11.4 Latin America IGBTs and Thyristors Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
11.5 Latin America IGBTs and Thyristors Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
11.6 Latin America IGBTs and Thyristors Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 12: Middle East & Africa IGBTs and Thyristors Market Breakdown by Country, Type & Application
12.1 Middle East & Africa IGBTs and Thyristors Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
12.1.1 Saudi Arabia
12.1.2 UAE
12.1.3 South Africa
12.1.4 Egypt
12.1.5 Rest of Middle East & Africa
12.2 Middle East & Africa IGBTs and Thyristors Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
12.2.1 Insulated-Gate Bipolar Transistors (IGBTs)
12.2.2 Thyristors
12.2.3 Power Diodes
12.2.4 Gate Turn-Off Thyristors (GTO)
12.2.5 Silicon-Controlled Rectifiers (SCR)
12.3 Middle East & Africa IGBTs and Thyristors Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
12.3.1 Automotive
12.3.2 Industrial Equipment
12.3.3 Consumer Electronics
12.3.4 Renewable Energy
12.3.5 Power Generation
12.4 Middle East & Africa IGBTs and Thyristors Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
12.5 Middle East & Africa IGBTs and Thyristors Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
12.6 Middle East & Africa IGBTs and Thyristors Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 13: Research Finding and Conclusion
13.1 Research Finding
13.2 Conclusion
13.3 Analyst Recommendation
Frequently Asked Questions (FAQ):
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