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IGBT Market to have Vivid Growth Opportunity

IGBT Market to have Vivid Growth Opportunity

IGBT module represents almost 60‐“62% of the total IGBT market, owing to its resilience and higher efficiency. In addition, substantial growth in the demand for electric vehicles and customer shift towards advanced power semiconductor to achieve better efficiency would promote its adoption in energy & power, inverter & UPS, consumer electronics, and industry systems

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Pin Fin Heat Sink for IGBT market is expected to reach USD $1,084.3 million By 2025 with a CAGR of 4.4%

Pin Fin Heat Sink for IGBT market is expected to reach USD $1,084.3 million By 2025 with a CAGR of 4.4%

Increase in need for effective cooling of the consumer electronics by proper heat dissipation method and digitization are the major factors which drive the global pin fin heat sink for IGBT market growth.

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FMI: IGBT Market Segments, Opportunity, Growth and Forecast By End-use Industry 2015-2025

FMI: IGBT Market Segments, Opportunity, Growth and Forecast By End-use Industry 2015-2025

Insulated Gate Bipolar Transistor formally known as IGBT is a power electronic semiconductor device. This device have its major application in switches, phase control and pulse modulation because of its high efficiency and fast switching. Electric power is a basic requirement of modern society and absence of electricity will create a huge loss and damage to human life as well as society. IGBT helps in reducing the congestion in power supply which will results into smooth electricity supply. IGBT have applications across various industrial verticals because of high power efficiency, ability to work in low power and high blocking voltage. IGBT is coming into focus because of its ability to lower switching loss which reduces thermal stress on electric device and results into extended device life and provides greater reliability. This market is very attractive and projected to grow rapidly because of increasing investment in Research and development of IGBT chips, module optimization for reduction in power consumption, modified chip density and thermal resistivity. These all features of IGBT are helping in strengthening the market position of IGBT power electronic semiconductor device market.

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