Global and China IGBT Markets 2019-2025 - IGBT Industry is Developing Apace, With the Market Size Reaching USD5.033 Billion With a Year-on-Year Increase of 9.1% In 2018

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Dublin, May 30, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering.

The IGBT industry will boom in the wake of the vigorous development of NEV, smart gird and rail transit, and it is as estimated worth USD9.421 billion in 2025 with a CAGR of 9.4%.

IGBT finds wide application in fields ranging from home appliances and digital products to aviation & aerospace and high-speed rails, so does in the emerging sectors like smart grid and new energy vehicle. Power semiconductor vendors mostly adopt the IDM model featured with complete wafer foundries, chip factories, and packaging houses. The tycoons like Infineon and On-Semi with the IDM model have strong control ability over cost and quality. The power semiconductor vendors in Europe, America, and Japan with the IDM model are dedicated to high-end products. Also, the majority of vendors from Mainland China employ the IDM model but focus on the low-end diode and low-voltage MOSFET. While Taiwanese peers take the fabless model and are mostly engaged in chip fabrication and packaging.Power semiconductor industry is characterized by high concentration since the world's top 10 vendors commanded 62.58% of the market in 2018. Infineon, the largest player, shared 19.87%. The power semiconductor market is firmly dominated by European, American and Japanese companies, where Chinese companies started late with backward technology.

Currently, power semiconductor companies can be grouped into three echelons: the first is represented by European and American giants such as Infineon and On-Semi; the second echelon is comprised of Japanese companies like Mitsubishi and Fuji Electric; the third echelon refers to Chinese players including Hangzhou Silan Microelectronics and Nexperia, etc.

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Globe Newswire: 11:05 GMT Thursday 30th May 2019

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