Vehicle electrification is promising for IGBTs

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.

Coralie Le Bret, Technology & Market Analyst, Yole, commented: "Vehicle electrification is heavily impacting the IGBT market, with huge volumes and significant added value because of the power modules used. By 2020, we expect electrified vehicles to represent almost 50% of the IGBT market.”

Vehicle volume will be critical by 2018, and the IGBT devices market for electrified vehicles will more than triple over the next six years.

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 centre growth, are very dynamic; and
• 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 analysed for each of the six main power electronics applications, and a comparison with Yole’s 2013 report’s market forecasts is also provided.

Pierric Gueguen, Business Unit Manager, Power Electronics & Compound Semiconductor activities, Yole, said: “The IGBT devices market is about to change: boosted by the electrified vehicle trend and reshaping by new industrial players, this market plays an important role in the power electronics industry, as power conversion, one of the main challenges, requires lighter/smaller, cheaper and more efficient systems."

Yole is supporting the Power Electronics session at SEMICON Europa 2015 (Dresden, 6th to 8th October 2015). The company will present its latest analysis in Wide Band Gap (WBG) for the power electronics.