Insulated Gate Bipolar Transistors Market Size,
Jul 30, 2025 · By application, industrial motor drives commanded 29.8% share of the insulated gate bipolar transistors market size in 2024; EV traction inverters
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6 Frequently Asked Questions about “The impact of IGBT on inverter prices”
How insulated-gate bipolar transistor (IGBT) will impact the EV market?
Further, the enormous growth in the EV market is also anticipated to drive growth in the insulated-gate bipolar transistor (IGBT) market. It forms an integral part of electric vehicle power supplies, and developments in the field will decrease the cost and increase the range of electric vehicles.
What are IGBT transistors used for?
Most three-phase inverters use insulated gate bipolar transistors (IGBTs) in applications like variable-frequency drives, uninterruptible power supplies, solar inverters and other similar inverter applications.
What is the semiconductor (IGBT) market?
Rapid growth of renewable energy systems and electric vehicles (EVs) is creating several opportunities for the semiconductor (IGBT) Market. As a core component of power electronics, IGBTs are used in all kinds of energy conversion systems, including the ever more popular solar inverter, wind turbines, and battery-powered EV drivetrains.
Why did the IGBT market grow from 2020 to 2024?
The IGBT Market flourished from 2020 to 2024 due to the rising demand for electric mobility, grid modernization, and industrial automation. The greater integration of IGBTs in high-voltage applications, including electric railroad systems and smart grids, boosted power service efficiency and system reliability.
What is the growth rate of insulated gate bipolar transistors market?
The Insulated Gate Bipolar Transistors Market is growing at a CAGR of 7.45% over the next 5 years. Infineon Technologies AG, Renesas Electronics Corporation, Texas Instruments Incorporated, Analog Devices Inc. and Microchip Technology Inc. are the major companies operating in this market.
What are IGBT / MOSFET / Gan / PWM / SPWM based inverters?
As depicted in the block diagram, IGBTs, MOSFETs or GaNs are mainly employed as a “Switching Component” and considered a basic building block of the inverter. A PWM or SPWM based input signal is generated using a Microcontroller which controls ON/OFF state of IGBTs/MOSFETs/GaNs.