Analysts forecast
the Global IGBT-based Power Module market to grow at a
CAGR of 12.32 percent over the period 2013-2018. The Report recognizes the
following companies as the key players in Global IGBT-based Power Module
Market: Fuji Electric Co. Ltd., Infineon Technologies AG, Mitsubishi Electric
Corp., Semikron International GmbH, ABB Ltd., Fairchild Semiconductor
International Inc., NXP Semiconductors N.V., Renesas Electronics Corp., ST Microelectronics
N.V., Toshiba Corp.
This report
covers the present scenario and the growth prospects of the Global IGBT Power
Module market for the period 2013-2018. To calculate the market size, it
considers revenue generated from the IGBT modules in applications from the
following segments:
- Industrial Motor Drives
- Traction
- Power Supplies
- Renewable Energy
- Consumer Appliances
The Global IGBT Power Module market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
There is an
increasing focus on IGBT chip optimization because of the growing need for
higher power density, higher power output, and increased thermal resistivity.
IGBTs are used extensively in various types of power electronic devices because
IGBT chips are compact in design, small in size, and have high reliability,
which improves functionality. Several market vendors are also investing heavily
in R&D to manufacture optimized chips to increase the operational
efficiency of IGBT-based power modules.
According to the
report, the need to generate electrical energy from renewable energy sources is
rapidly growing. It is estimated that global energy consumption will increase
by over 60 percent by 2030, which is also expected to enhance the adoption of
IGBT-based power modules in wind turbines. These modules are used in wind
turbine converters as well as in grid converters and inverters in solar panels
to increase power efficiency and switching speed. The growing need for
increased thermal capacity and power cycling capacity is also playing a
significant role in driving the adoption of IGBT-based power modules for wind
turbine applications
Further, the report
states that these module higher power density than MOSFETs and they can manage
power upto 1,000A. This increases the cost of IGBT-based power modules on an
ampere per dollar basis. The high cost of IGBT-based power modules deters their
use in applications such as welding equipment, low-voltage motor control, and
UPS. Several cost-sensitive SMEs that manufacture electronic devices also find
it difficult to adopt these modules.
