Industry: Electronics & Semiconductor
Published Date: 2025-01-19
Pages: 165 Pages
Report ld: 3528554
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IGBT Power Module Market Size(US$)

CAGR 2025-2031
13.6%
Market Size,2031
USD 18,340
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for IGBT Power Module was estimated to be worth US$ 7604 million in 2024 and is forecast to a readjusted size of US$ 18340 million by 2031 with a CAGR of 13.6% during the forecast period 2025-2031.
An IGBT Power Module is a power semiconductor component used in power electronic devices in several industries as they have high-power efficiency, high blocking voltage, and ability to work in low power. An IGBT Power Module is formed by arranging several IGBTs in parallel in a single casing.
An IGBT-Based Power Module functions as a switch and can be used to switch electrical power on and off extremely fast and with high energy efficiency. The IGBT power module is becoming the preferred device for high power applications due to its ability to enhance switching, temperature, weight and cost performance.
Global 5 largest manufacturers of IGBT Power Module are Infineon, Mitsubishi Electric (Vincotech), Fuji Electric, Semikron Danfoss and StarPower Semiconductor, which make up about 70%. Among them, Infineon is the leader with about 30% market share.
China is the largest market, has a share over 40%, followed by EMEA and APAC (excluding China), with share about 30% and 18%, separately. In terms of product type, MV IGBT Modules are the largest segment, with a share about 56%. In terms of product application, the largest application is automotive & EV/HEV, with a share about 33%, followed by industrial control and wind power, PV, energy storage.
This report aims to provide a comprehensive presentation of the global market for IGBT Power Module, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of IGBT Power Module by region & country, by Type, and by Application.
The IGBT Power Module market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IGBT Power Module.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of IGBT Power Module manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of IGBT Power Module in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of IGBT Power Module in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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TABLE OF CONTENTS
1 Market Overview
1.1 IGBT Power Module Product Introduction
1.2 Global IGBT Power Module Market Size Forecast
1.2.1 Global IGBT Power Module Sales Value (2020-2031)
1.2.2 Global IGBT Power Module Sales Volume (2020-2031)
1.2.3 Global IGBT Power Module Sales Price (2020-2031)
1.3 IGBT Power Module Market Trends & Drivers
1.3.1 IGBT Power Module Industry Trends
1.3.2 IGBT Power Module Market Drivers & Opportunity
1.3.3 IGBT Power Module Market Challenges
1.3.4 IGBT Power Module Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global IGBT Power Module Players Revenue Ranking (2024)
2.2 Global IGBT Power Module Revenue by Company (2020-2025)
2.3 Global IGBT Power Module Players Sales Volume Ranking (2024)
2.4 Global IGBT Power Module Sales Volume by Company Players (2020-2025)
2.5 Global IGBT Power Module Average Price by Company (2020-2025)
2.6 Key Manufacturers IGBT Power Module Manufacturing Base and Headquarters
2.7 Key Manufacturers IGBT Power Module Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of IGBT Power Module
2.9 IGBT Power Module Market Competitive Analysis
2.9.1 IGBT Power Module Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by IGBT Power Module Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in IGBT Power Module as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 LV IGBT Modules
3.1.2 MV IGBT Modules
3.1.3 HV IGBT Modules
3.2 Global IGBT Power Module Sales Value by Type
3.2.1 Global IGBT Power Module Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global IGBT Power Module Sales Value, by Type (2020-2031)
3.2.3 Global IGBT Power Module Sales Value, by Type (%) (2020-2031)
3.3 Global IGBT Power Module Sales Volume by Type
3.3.1 Global IGBT Power Module Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global IGBT Power Module Sales Volume, by Type (2020-2031)
3.3.3 Global IGBT Power Module Sales Volume, by Type (%) (2020-2031)
3.4 Global IGBT Power Module Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automotive & EV/HEV
4.1.2 Industrial Control
4.1.3 Consumer Appliances
4.1.4 Wind power, PV, Energy Storage
4.1.5 Traction
4.1.6 Military & Avionics
4.1.7 Others
4.2 Global IGBT Power Module Sales Value by Application
4.2.1 Global IGBT Power Module Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global IGBT Power Module Sales Value, by Application (2020-2031)
4.2.3 Global IGBT Power Module Sales Value, by Application (%) (2020-2031)
4.3 Global IGBT Power Module Sales Volume by Application
4.3.1 Global IGBT Power Module Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global IGBT Power Module Sales Volume, by Application (2020-2031)
4.3.3 Global IGBT Power Module Sales Volume, by Application (%) (2020-2031)
4.4 Global IGBT Power Module Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global IGBT Power Module Sales Value by Region
5.1.1 Global IGBT Power Module Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global IGBT Power Module Sales Value by Region (2020-2025)
5.1.3 Global IGBT Power Module Sales Value by Region (2026-2031)
5.1.4 Global IGBT Power Module Sales Value by Region (%), (2020-2031)
5.2 Global IGBT Power Module Sales Volume by Region
5.2.1 Global IGBT Power Module Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global IGBT Power Module Sales Volume by Region (2020-2025)
5.2.3 Global IGBT Power Module Sales Volume by Region (2026-2031)
5.2.4 Global IGBT Power Module Sales Volume by Region (%), (2020-2031)
5.3 Global IGBT Power Module Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America IGBT Power Module Sales Value, 2020-2031
5.4.2 North America IGBT Power Module Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe IGBT Power Module Sales Value, 2020-2031
5.5.2 Europe IGBT Power Module Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific IGBT Power Module Sales Value, 2020-2031
5.6.2 Asia Pacific IGBT Power Module Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America IGBT Power Module Sales Value, 2020-2031
5.7.2 South America IGBT Power Module Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa IGBT Power Module Sales Value, 2020-2031
5.8.2 Middle East & Africa IGBT Power Module Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions IGBT Power Module Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions IGBT Power Module Sales Value
6.2.1 Key Countries/Regions IGBT Power Module Sales Value, 2020-2031
6.2.2 Key Countries/Regions IGBT Power Module Sales Volume, 2020-2031
6.3 United States
6.3.1 United States IGBT Power Module Sales Value, 2020-2031
6.3.2 United States IGBT Power Module Sales Value by Type (%), 2024 VS 2031
6.3.3 United States IGBT Power Module Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe IGBT Power Module Sales Value, 2020-2031
6.4.2 Europe IGBT Power Module Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe IGBT Power Module Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China IGBT Power Module Sales Value, 2020-2031
6.5.2 China IGBT Power Module Sales Value by Type (%), 2024 VS 2031
6.5.3 China IGBT Power Module Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan IGBT Power Module Sales Value, 2020-2031
6.6.2 Japan IGBT Power Module Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan IGBT Power Module Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea IGBT Power Module Sales Value, 2020-2031
6.7.2 South Korea IGBT Power Module Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea IGBT Power Module Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia IGBT Power Module Sales Value, 2020-2031
6.8.2 Southeast Asia IGBT Power Module Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia IGBT Power Module Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India IGBT Power Module Sales Value, 2020-2031
6.9.2 India IGBT Power Module Sales Value by Type (%), 2024 VS 2031
6.9.3 India IGBT Power Module Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Infineon
7.1.1 Infineon Company Information
7.1.2 Infineon Introduction and Business Overview
7.1.3 Infineon IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Infineon IGBT Power Module Product Offerings
7.1.5 Infineon Recent Development
7.2 Mitsubishi Electric (Vincotech)
7.2.1 Mitsubishi Electric (Vincotech) Company Information
7.2.2 Mitsubishi Electric (Vincotech) Introduction and Business Overview
7.2.3 Mitsubishi Electric (Vincotech) IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Mitsubishi Electric (Vincotech) IGBT Power Module Product Offerings
7.2.5 Mitsubishi Electric (Vincotech) Recent Development
7.3 Fuji Electric
7.3.1 Fuji Electric Company Information
7.3.2 Fuji Electric Introduction and Business Overview
7.3.3 Fuji Electric IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Fuji Electric IGBT Power Module Product Offerings
7.3.5 Fuji Electric Recent Development
7.4 Semikron Danfoss
7.4.1 Semikron Danfoss Company Information
7.4.2 Semikron Danfoss Introduction and Business Overview
7.4.3 Semikron Danfoss IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Semikron Danfoss IGBT Power Module Product Offerings
7.4.5 Semikron Danfoss Recent Development
7.5 Hitachi Power Semiconductor Device
7.5.1 Hitachi Power Semiconductor Device Company Information
7.5.2 Hitachi Power Semiconductor Device Introduction and Business Overview
7.5.3 Hitachi Power Semiconductor Device IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Hitachi Power Semiconductor Device IGBT Power Module Product Offerings
7.5.5 Hitachi Power Semiconductor Device Recent Development
7.6 Bosch
7.6.1 Bosch Company Information
7.6.2 Bosch Introduction and Business Overview
7.6.3 Bosch IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Bosch IGBT Power Module Product Offerings
7.6.5 Bosch Recent Development
7.7 onsemi
7.7.1 onsemi Company Information
7.7.2 onsemi Introduction and Business Overview
7.7.3 onsemi IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 onsemi IGBT Power Module Product Offerings
7.7.5 onsemi Recent Development
7.8 Toshiba
7.8.1 Toshiba Company Information
7.8.2 Toshiba Introduction and Business Overview
7.8.3 Toshiba IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Toshiba IGBT Power Module Product Offerings
7.8.5 Toshiba Recent Development
7.9 Littelfuse (IXYS)
7.9.1 Littelfuse (IXYS) Company Information
7.9.2 Littelfuse (IXYS) Introduction and Business Overview
7.9.3 Littelfuse (IXYS) IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Littelfuse (IXYS) IGBT Power Module Product Offerings
7.9.5 Littelfuse (IXYS) Recent Development
7.10 Microchip (Microsemi)
7.10.1 Microchip (Microsemi) Company Information
7.10.2 Microchip (Microsemi) Introduction and Business Overview
7.10.3 Microchip (Microsemi) IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Microchip (Microsemi) IGBT Power Module Product Offerings
7.10.5 Microchip (Microsemi) Recent Development
7.11 STMicroelectronics
7.11.1 STMicroelectronics Company Information
7.11.2 STMicroelectronics Introduction and Business Overview
7.11.3 STMicroelectronics IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 STMicroelectronics IGBT Power Module Product Offerings
7.11.5 STMicroelectronics Recent Development
7.12 Vishay
7.12.1 Vishay Company Information
7.12.2 Vishay Introduction and Business Overview
7.12.3 Vishay IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Vishay IGBT Power Module Product Offerings
7.12.5 Vishay Recent Development
7.13 Denso
7.13.1 Denso Company Information
7.13.2 Denso Introduction and Business Overview
7.13.3 Denso IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Denso IGBT Power Module Product Offerings
7.13.5 Denso Recent Development
7.14 SanRex Corporation
7.14.1 SanRex Corporation Company Information
7.14.2 SanRex Corporation Introduction and Business Overview
7.14.3 SanRex Corporation IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 SanRex Corporation IGBT Power Module Product Offerings
7.14.5 SanRex Corporation Recent Development
7.15 Cissoid
7.15.1 Cissoid Company Information
7.15.2 Cissoid Introduction and Business Overview
7.15.3 Cissoid IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Cissoid IGBT Power Module Product Offerings
7.15.5 Cissoid Recent Development
7.16 StarPower Semiconductor
7.16.1 StarPower Semiconductor Company Information
7.16.2 StarPower Semiconductor Introduction and Business Overview
7.16.3 StarPower Semiconductor IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 StarPower Semiconductor IGBT Power Module Product Offerings
7.16.5 StarPower Semiconductor Recent Development
7.17 BYD
7.17.1 BYD Company Information
7.17.2 BYD Introduction and Business Overview
7.17.3 BYD IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 BYD IGBT Power Module Product Offerings
7.17.5 BYD Recent Development
7.18 Zhuzhou CRRC Times Electric
7.18.1 Zhuzhou CRRC Times Electric Company Information
7.18.2 Zhuzhou CRRC Times Electric Introduction and Business Overview
7.18.3 Zhuzhou CRRC Times Electric IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Zhuzhou CRRC Times Electric IGBT Power Module Product Offerings
7.18.5 Zhuzhou CRRC Times Electric Recent Development
7.19 Hangzhou Silan Microelectronics
7.19.1 Hangzhou Silan Microelectronics Company Information
7.19.2 Hangzhou Silan Microelectronics Introduction and Business Overview
7.19.3 Hangzhou Silan Microelectronics IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 Hangzhou Silan Microelectronics IGBT Power Module Product Offerings
7.19.5 Hangzhou Silan Microelectronics Recent Development
7.20 MacMic Science & Technology
7.20.1 MacMic Science & Technology Company Information
7.20.2 MacMic Science & Technology Introduction and Business Overview
7.20.3 MacMic Science & Technology IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 MacMic Science & Technology IGBT Power Module Product Offerings
7.20.5 MacMic Science & Technology Recent Development
7.21 China Resources Microelectronics Limited
7.21.1 China Resources Microelectronics Limited Company Information
7.21.2 China Resources Microelectronics Limited Introduction and Business Overview
7.21.3 China Resources Microelectronics Limited IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.21.4 China Resources Microelectronics Limited IGBT Power Module Product Offerings
7.21.5 China Resources Microelectronics Limited Recent Development
7.22 Yangzhou Yangjie Electronic Technology
7.22.1 Yangzhou Yangjie Electronic Technology Company Information
7.22.2 Yangzhou Yangjie Electronic Technology Introduction and Business Overview
7.22.3 Yangzhou Yangjie Electronic Technology IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.22.4 Yangzhou Yangjie Electronic Technology IGBT Power Module Product Offerings
7.22.5 Yangzhou Yangjie Electronic Technology Recent Development
7.23 EcoSemitek
7.23.1 EcoSemitek Company Information
7.23.2 EcoSemitek Introduction and Business Overview
7.23.3 EcoSemitek IGBT Power Module Sales, Revenue, Price and Gross Margin (2020-2025)
7.23.4 EcoSemitek IGBT Power Module Product Offerings
7.23.5 EcoSemitek Recent Development
8 Industry Chain Analysis
8.1 IGBT Power Module Industrial Chain
8.2 IGBT Power Module Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 IGBT Power Module Sales Model
8.5.2 Sales Channel
8.5.3 IGBT Power Module Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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