IGBT stands for insulated gate bipolar transistor which is a three-terminal semiconductor device and these terminals are named as emitter, collector and gate with high bipolar current carrying capability. It is a combination of MOSFET and BJT in monolithic form. This device is also known as minority carrier device that enables faster switching rate and offers greater efficiency.

Growing demand for electric vehicle and more need for high voltage operating devices are the major drivers which help in surging the growth of IGBT market whereas leakage of current at high temperature act as a restraining factor for this market. Smart grid IGBT for power conversation will add new opportunities for this market in the forecast period.

The "Global IGBT Market Analysis to 2028" is a specialized and in-depth study of the semiconductor industry with a focus on the global market trend. The report aims to provide an overview of global IGBT market with detailed market segmentation by product type, power rating, application and geography. The global IGBT market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IGBT market based on product type, power rating and application. It also provides market size and forecast till 2028 for overall IGBT market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.

Also, key IGBT market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Fujitsu Ltd., Infineon Technologies AG, STMicroelectronics N.V., NXP Semiconductors N.V., Fairchild Semiconductor International, Inc., ROHM Co., Ltd., Fuji Electric Co., Ltd., ABB Group, Mitsubishi Electric Corporation and Infineon Technologies AG. among others.