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EV IGBT-Global Market Insights and Sales Trends 2024
Synopsis
EV IGBT (Electric Vehicle Insulated Gate Bipolar Transistor) is a crucial component in the power electronics system of electric vehicles (EVs). It plays a vital role in controlling the flow of electrical energy between the battery and the electric motor. IGBTs are used in EVs to efficiently manage power conversion and contribute to the overall performance and efficiency of the vehicle.
The global EV IGBT market size is expected to reach US$ 5466.6 million by 2029, growing at a CAGR of 15.9% from 2023 to 2029. The market is mainly driven by the significant applications of EV IGBT in various end use industries. The expanding demands from the Passenger Cars and Commerical Vechicle, are propelling EV IGBT market. DC motor IGBT, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the AC motor IGBT segment is estimated at % CAGR for the next seven-year period.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for EV IGBT, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global EV IGBT market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global EV IGBT market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, EV IGBT sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of EV IGBT covered in this report include Infineon, Mitsubishi Electric, Fuji Electric, ON Semiconductor, SEMIKRON, Hitachi, Danfoss, StarPower Semiconductor and Toshiba, etc.
The global EV IGBT market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Infineon
Mitsubishi Electric
Fuji Electric
ON Semiconductor
SEMIKRON
Hitachi
Danfoss
StarPower Semiconductor
Toshiba
ABB
Littelfuse (IXYS)
Global EV IGBT market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global EV IGBT market, Segment by Type:
DC motor IGBT
AC motor IGBT
Others
Global EV IGBT market, by Application
Passenger Cars
Commerical Vechicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of EV IGBT manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of EV IGBT in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
EV IGBT (Electric Vehicle Insulated Gate Bipolar Transistor) is a crucial component in the power electronics system of electric vehicles (EVs). It plays a vital role in controlling the flow of electrical energy between the battery and the electric motor. IGBTs are used in EVs to efficiently manage power conversion and contribute to the overall performance and efficiency of the vehicle.
The global EV IGBT market size is expected to reach US$ 5466.6 million by 2029, growing at a CAGR of 15.9% from 2023 to 2029. The market is mainly driven by the significant applications of EV IGBT in various end use industries. The expanding demands from the Passenger Cars and Commerical Vechicle, are propelling EV IGBT market. DC motor IGBT, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the AC motor IGBT segment is estimated at % CAGR for the next seven-year period.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for EV IGBT, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global EV IGBT market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global EV IGBT market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, EV IGBT sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of EV IGBT covered in this report include Infineon, Mitsubishi Electric, Fuji Electric, ON Semiconductor, SEMIKRON, Hitachi, Danfoss, StarPower Semiconductor and Toshiba, etc.
The global EV IGBT market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Infineon
Mitsubishi Electric
Fuji Electric
ON Semiconductor
SEMIKRON
Hitachi
Danfoss
StarPower Semiconductor
Toshiba
ABB
Littelfuse (IXYS)
Global EV IGBT market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global EV IGBT market, Segment by Type:
DC motor IGBT
AC motor IGBT
Others
Global EV IGBT market, by Application
Passenger Cars
Commerical Vechicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of EV IGBT manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of EV IGBT in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 EV IGBT Market Overview
1.1 EV IGBT Product Overview
1.2 EV IGBT Market Segment by Type
1.2.1 DC motor IGBT
1.2.2 AC motor IGBT
1.2.3 Others
1.3 Global EV IGBT Market Size by Type
1.3.1 Global EV IGBT Market Size Overview by Type (2018-2029)
1.3.2 Global EV IGBT Historic Market Size Review by Type (2018-2023)
1.3.3 Global EV IGBT Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America EV IGBT Sales Breakdown by Type (2018-2023)
1.4.2 Europe EV IGBT Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific EV IGBT Sales Breakdown by Type (2018-2023)
1.4.4 Latin America EV IGBT Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa EV IGBT Sales Breakdown by Type (2018-2023)
2 Global EV IGBT Market Competition by Company
2.1 Global Top Players by EV IGBT Sales (2018-2023)
2.2 Global Top Players by EV IGBT Revenue (2018-2023)
2.3 Global Top Players by EV IGBT Price (2018-2023)
2.4 Global Top Manufacturers EV IGBT Manufacturing Base Distribution, Sales Area, Product Type
2.5 EV IGBT Market Competitive Situation and Trends
2.5.1 EV IGBT Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by EV IGBT Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in EV IGBT as of 2022)
2.7 Date of Key Manufacturers Enter into EV IGBT Market
2.8 Key Manufacturers EV IGBT Product Offered
2.9 Mergers & Acquisitions, Expansion
3 EV IGBT Status and Outlook by Region
3.1 Global EV IGBT Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global EV IGBT Historic Market Size by Region
3.2.1 Global EV IGBT Sales in Volume by Region (2018-2023)
3.2.2 Global EV IGBT Sales in Value by Region (2018-2023)
3.2.3 Global EV IGBT Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global EV IGBT Forecasted Market Size by Region
3.3.1 Global EV IGBT Sales in Volume by Region (2024-2029)
3.3.2 Global EV IGBT Sales in Value by Region (2024-2029)
3.3.3 Global EV IGBT Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global EV IGBT by Application
4.1 EV IGBT Market Segment by Application
4.1.1 Passenger Cars
4.1.2 Commerical Vechicle
4.2 Global EV IGBT Market Size by Application
4.2.1 Global EV IGBT Market Size Overview by Application (2018-2029)
4.2.2 Global EV IGBT Historic Market Size Review by Application (2018-2023)
4.2.3 Global EV IGBT Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America EV IGBT Sales Breakdown by Application (2018-2023)
4.3.2 Europe EV IGBT Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific EV IGBT Sales Breakdown by Application (2018-2023)
4.3.4 Latin America EV IGBT Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa EV IGBT Sales Breakdown by Application (2018-2023)
5 North America EV IGBT by Country
5.1 North America EV IGBT Historic Market Size by Country
5.1.1 North America EV IGBT Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America EV IGBT Sales in Volume by Country (2018-2023)
5.1.3 North America EV IGBT Sales in Value by Country (2018-2023)
5.2 North America EV IGBT Forecasted Market Size by Country
5.2.1 North America EV IGBT Sales in Volume by Country (2024-2029)
5.2.2 North America EV IGBT Sales in Value by Country (2024-2029)
6 Europe EV IGBT by Country
6.1 Europe EV IGBT Historic Market Size by Country
6.1.1 Europe EV IGBT Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe EV IGBT Sales in Volume by Country (2018-2023)
6.1.3 Europe EV IGBT Sales in Value by Country (2018-2023)
6.2 Europe EV IGBT Forecasted Market Size by Country
6.2.1 Europe EV IGBT Sales in Volume by Country (2024-2029)
6.2.2 Europe EV IGBT Sales in Value by Country (2024-2029)
7 Asia-Pacific EV IGBT by Region
7.1 Asia-Pacific EV IGBT Historic Market Size by Region
7.1.1 Asia-Pacific EV IGBT Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific EV IGBT Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific EV IGBT Sales in Value by Region (2018-2023)
7.2 Asia-Pacific EV IGBT Forecasted Market Size by Region
7.2.1 Asia-Pacific EV IGBT Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific EV IGBT Sales in Value by Region (2024-2029)
8 Latin America EV IGBT by Country
8.1 Latin America EV IGBT Historic Market Size by Country
8.1.1 Latin America EV IGBT Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America EV IGBT Sales in Volume by Country (2018-2023)
8.1.3 Latin America EV IGBT Sales in Value by Country (2018-2023)
8.2 Latin America EV IGBT Forecasted Market Size by Country
8.2.1 Latin America EV IGBT Sales in Volume by Country (2024-2029)
8.2.2 Latin America EV IGBT Sales in Value by Country (2024-2029)
9 Middle East and Africa EV IGBT by Country
9.1 Middle East and Africa EV IGBT Historic Market Size by Country
9.1.1 Middle East and Africa EV IGBT Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa EV IGBT Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa EV IGBT Sales in Value by Country (2018-2023)
9.2 Middle East and Africa EV IGBT Forecasted Market Size by Country
9.2.1 Middle East and Africa EV IGBT Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa EV IGBT Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Infineon
10.1.1 Infineon Company Information
10.1.2 Infineon Introduction and Business Overview
10.1.3 Infineon EV IGBT Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Infineon EV IGBT Products Offered
10.1.5 Infineon Recent Development
10.2 Mitsubishi Electric
10.2.1 Mitsubishi Electric Company Information
10.2.2 Mitsubishi Electric Introduction and Business Overview
10.2.3 Mitsubishi Electric EV IGBT Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Mitsubishi Electric EV IGBT Products Offered
10.2.5 Mitsubishi Electric Recent Development
10.3 Fuji Electric
10.3.1 Fuji Electric Company Information
10.3.2 Fuji Electric Introduction and Business Overview
10.3.3 Fuji Electric EV IGBT Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Fuji Electric EV IGBT Products Offered
10.3.5 Fuji Electric Recent Development
10.4 ON Semiconductor
10.4.1 ON Semiconductor Company Information
10.4.2 ON Semiconductor Introduction and Business Overview
10.4.3 ON Semiconductor EV IGBT Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ON Semiconductor EV IGBT Products Offered
10.4.5 ON Semiconductor Recent Development
10.5 SEMIKRON
10.5.1 SEMIKRON Company Information
10.5.2 SEMIKRON Introduction and Business Overview
10.5.3 SEMIKRON EV IGBT Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SEMIKRON EV IGBT Products Offered
10.5.5 SEMIKRON Recent Development
10.6 Hitachi
10.6.1 Hitachi Company Information
10.6.2 Hitachi Introduction and Business Overview
10.6.3 Hitachi EV IGBT Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hitachi EV IGBT Products Offered
10.6.5 Hitachi Recent Development
10.7 Danfoss
10.7.1 Danfoss Company Information
10.7.2 Danfoss Introduction and Business Overview
10.7.3 Danfoss EV IGBT Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Danfoss EV IGBT Products Offered
10.7.5 Danfoss Recent Development
10.8 StarPower Semiconductor
10.8.1 StarPower Semiconductor Company Information
10.8.2 StarPower Semiconductor Introduction and Business Overview
10.8.3 StarPower Semiconductor EV IGBT Sales, Revenue and Gross Margin (2018-2023)
10.8.4 StarPower Semiconductor EV IGBT Products Offered
10.8.5 StarPower Semiconductor Recent Development
10.9 Toshiba
10.9.1 Toshiba Company Information
10.9.2 Toshiba Introduction and Business Overview
10.9.3 Toshiba EV IGBT Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Toshiba EV IGBT Products Offered
10.9.5 Toshiba Recent Development
10.10 ABB
10.10.1 ABB Company Information
10.10.2 ABB Introduction and Business Overview
10.10.3 ABB EV IGBT Sales, Revenue and Gross Margin (2018-2023)
10.10.4 ABB EV IGBT Products Offered
10.10.5 ABB Recent Development
10.11 Littelfuse (IXYS)
10.11.1 Littelfuse (IXYS) Company Information
10.11.2 Littelfuse (IXYS) Introduction and Business Overview
10.11.3 Littelfuse (IXYS) EV IGBT Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Littelfuse (IXYS) EV IGBT Products Offered
10.11.5 Littelfuse (IXYS) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 EV IGBT Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 EV IGBT Industrial Chain Analysis
11.4 EV IGBT Market Dynamics
11.4.1 EV IGBT Industry Trends
11.4.2 EV IGBT Market Drivers
11.4.3 EV IGBT Market Challenges
11.4.4 EV IGBT Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 EV IGBT Distributors
12.3 EV IGBT Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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