The North America IGBT And Super Junction MOSFET Market is expected to witness market growth of 10.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America IGBT And Super Junction MOSFET Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $6.48 billion by 2031. The Canada market is experiencing a CAGR of 13.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 12.3% during 2024-2031.
The IGBT and super junction MOSFET market is pivotal in modern power electronics, driving advancements in various automotive, energy, consumer electronics, and industrial applications. As the shifts toward energy-efficient and sustainable solutions, the adoption of power semiconductors like IGBTs and Super Junction MOSFETs has skyrocketed, with these devices being central to enabling the next generation of power conversion systems.
With their superior performance in high-power applications, these semiconductor devices improve energy efficiency, reduce emissions, and enhance electrical systems' overall functionality. IGBTs are essential components in high-power switching applications involving high voltage and high current. They combine the advantages of MOSFETs and Bipolar Junction Transistors (BJTs) to offer efficient switching performance, fast operation, and the ability to handle high voltage levels.
The IGBT and super junction MOSFET market are experiencing notable changes due to the rising emphasis on clean energy and zero-emission vehicles (ZEVs) in Mexico and Canada. These technologies are central to the efficient management of power systems, electric vehicles, and renewable energy infrastructure, making them essential for the transition to cleaner energy in both countries.
The US market dominated the North America IGBT And Super Junction MOSFET Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $6.48 billion by 2031. The Canada market is experiencing a CAGR of 13.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 12.3% during 2024-2031.
The IGBT and super junction MOSFET market is pivotal in modern power electronics, driving advancements in various automotive, energy, consumer electronics, and industrial applications. As the shifts toward energy-efficient and sustainable solutions, the adoption of power semiconductors like IGBTs and Super Junction MOSFETs has skyrocketed, with these devices being central to enabling the next generation of power conversion systems.
With their superior performance in high-power applications, these semiconductor devices improve energy efficiency, reduce emissions, and enhance electrical systems' overall functionality. IGBTs are essential components in high-power switching applications involving high voltage and high current. They combine the advantages of MOSFETs and Bipolar Junction Transistors (BJTs) to offer efficient switching performance, fast operation, and the ability to handle high voltage levels.
The IGBT and super junction MOSFET market are experiencing notable changes due to the rising emphasis on clean energy and zero-emission vehicles (ZEVs) in Mexico and Canada. These technologies are central to the efficient management of power systems, electric vehicles, and renewable energy infrastructure, making them essential for the transition to cleaner energy in both countries.
List of Key Companies Profiled
- ON Semiconductor Corporation
- STMicroelectronics N.V.
- NXP Semiconductors N.V.
- Texas Instruments, Inc.
- Rohm Co., Ltd.
- Infineon Technologies AG
- Mitsubishi Electric Corporation
- Fuji Electric Co. Ltd.
- ABB Group
- Renesas Electronics Corporation
Market Report Segmentation
By Type
- IGBT
- IGBT Module
- Discrete IGBT
- Super Junction MOSFET
- Discrete Super Junction MOSFET
- Super Junction MOSFET Module
By Application
- Energy & Power
- Inverter & UPS
- Consumer Electronics
- Industrial System
- Electric Vehicle
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America IGBT And Super Junction MOSFET Market by Type
Chapter 6. North America IGBT And Super Junction MOSFET Market by Application
Chapter 7. North America IGBT And Super Junction MOSFET Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- ON Semiconductor Corporation
- STMicroelectronics N.V.
- NXP Semiconductors N.V.
- Texas Instruments, Inc.
- Rohm Co., Ltd.
- Infineon Technologies AG
- Mitsubishi Electric Corporation
- Fuji Electric Co. Ltd.
- ABB Group
- Renesas Electronics Corporation
Methodology
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