Automotive IGBT Market
Automotive IGBT Market Size and Growth
The Automotive IGBT market is expanding due to increasing electric vehicle adoption and advancements in power electronics. The market size reached approximately $1.2 billion in 2023, with a projected CAGR of 10% through 2030. Rising demand for energy efficiency and stringent emissions regulations are key drivers fostering this growth.
Companies Covered
(Covid 19 Impact Covered)
◍ STMicro
◍ Sanken
◍ On Semiconductors
◍ Fuji Electric
◍ Littelfuse
◍ Rohm Semiconductor
◍ Infineon
◍ Mitsubishi Electric
◍ Hitachi
The Automotive IGBT market features major players like STMicro, Sanken, and Infineon, strengthening the industry through innovative products and strategic partnerships. These companies enhance efficiency and performance in electric vehicles, propelling market growth. Sales figures include Infineon: $10 billion, ON Semiconductor: $5 billion, and STMicro: $11 billion.
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Market Segmentation
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Market Growth
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$ X Billion USD
