The Asia Pacific IGBT And Super Junction MOSFET Market is expected to witness market growth of 12.0% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 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 $3.60 billion by 2031. The Japan market is showcasing a CAGR of 11.3% during 2024-2031. Additionally, the India market would register a CAGR of 12.8% during 2024-2031.
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In solar inverters and wind turbine generators, IGBTs are crucial for converting direct current (DC) to alternating current (AC), enabling the integration of renewable energy sources into the grid. IGBTs power motors and drives, enabling the efficient operation of industrial machines, such as those found in manufacturing lines, cranes, and conveyor systems.
Moreover, devices such as plasma televisions and induction cooktops rely on IGBTs for efficient power regulation, contributing to energy savings and enhanced performance. On the other hand, super junction MOSFETs are designed to offer higher performance in switching power supplies. Their unique structure enables better current handling and efficiency, making them ideal for applications requiring fast switching speeds and low losses.
As China aggressively advances its renewable energy infrastructure, the demand for IGBTs and super junction MOSFETs is poised to rise significantly. IGBTs are crucial for large-scale power conversion systems used in wind turbines, solar inverters, and grid-connected energy systems, which handle high-voltage and high-power applications. These devices are also essential for smart grids and energy storage systems, enabling the stable integration of renewable energy into China’s national grid. As China continues to increase its renewable energy share and build more energy-efficient infrastructure, these power electronics will be integral to ensuring reliable, sustainable, and efficient power systems, driving the growth of the country's IGBT and MOSFET market.
The China market dominated the Asia Pacific 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 $3.60 billion by 2031. The Japan market is showcasing a CAGR of 11.3% during 2024-2031. Additionally, the India market would register a CAGR of 12.8% during 2024-2031.
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In solar inverters and wind turbine generators, IGBTs are crucial for converting direct current (DC) to alternating current (AC), enabling the integration of renewable energy sources into the grid. IGBTs power motors and drives, enabling the efficient operation of industrial machines, such as those found in manufacturing lines, cranes, and conveyor systems.
Moreover, devices such as plasma televisions and induction cooktops rely on IGBTs for efficient power regulation, contributing to energy savings and enhanced performance. On the other hand, super junction MOSFETs are designed to offer higher performance in switching power supplies. Their unique structure enables better current handling and efficiency, making them ideal for applications requiring fast switching speeds and low losses.
As China aggressively advances its renewable energy infrastructure, the demand for IGBTs and super junction MOSFETs is poised to rise significantly. IGBTs are crucial for large-scale power conversion systems used in wind turbines, solar inverters, and grid-connected energy systems, which handle high-voltage and high-power applications. These devices are also essential for smart grids and energy storage systems, enabling the stable integration of renewable energy into China’s national grid. As China continues to increase its renewable energy share and build more energy-efficient infrastructure, these power electronics will be integral to ensuring reliable, sustainable, and efficient power systems, driving the growth of the country's IGBT and MOSFET market.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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. Asia Pacific IGBT And Super Junction MOSFET Market by Type
Chapter 6. Asia Pacific IGBT And Super Junction MOSFET Market by Application
Chapter 7. Asia Pacific IGBT And Super Junction MOSFET Market by Country
Chapter 8. Company Profiles