Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market

By Type;

Discrete IGBT and IGBT Module

By Power Rating;

High Power, Medium Power and Low Power

By Application;

Energy & Power, Consumer Electronics, Inverter & UPS, Electric Vehicles, Industrial Systems and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn328190831 Published Date: September, 2025 Updated Date: October, 2025

Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market Overview

Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market (USD Million)

Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market was valued at USD 16,657.82 million. The size of this market is expected to increase to USD 34,499.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11%.


Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market

*Market size in USD million

CAGR 11 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11 %
Market Size (2024)USD 16,657.82 Million
Market Size (2031)USD 34,499.33 Million
Market ConcentrationLow
Report Pages344
16,657.82
2024
34,499.33
2031

Major Players

  • Infineon Technologies AG
  • Semiconductor Components Industries (SCI)
  • Toshiba Electronic Devices & Storage Corporation
  • NXP Semiconductors
  • Eaton Corporation Plc
  • STMicroelectronics

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market

Fragmented - Highly competitive market without dominant players


The Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market is expanding steadily, supported by their increasing adoption in high-power applications such as electric vehicles, renewable energy systems, and industrial automation. IGBTs combine the advantages of MOSFETs and bipolar transistors, offering high efficiency and fast switching. Presently, these devices contribute to nearly 55% of power electronics usage in automotive and energy sectors, reflecting their critical role in advancing next-generation technologies.

Rising Demand in Electric Mobility
The growth of electric vehicles has significantly boosted the use of IGBTs, as they enable efficient energy conversion and motor drive operations. Over 50% of EV inverters utilize IGBTs for optimal performance, making them a key enabler of sustainable transportation. Their capability to handle high voltages and currents positions them as an indispensable component in the automotive power electronics ecosystem.

Industrial and Consumer Electronics Growth
Beyond energy and mobility, IGBT discrete semiconductors are also penetrating industrial automation, home appliances, and consumer electronics. Nearly 40% of advanced motor control systems now incorporate IGBT modules, ensuring reliability and cost-effectiveness. This broad usage reflects their adaptability across industries that demand efficient, high-performance semiconductor solutions.

Innovation and Market Potential
Ongoing advancements in IGBT technology, such as smaller form factors, reduced power losses, and improved thermal management, are driving further market adoption. More than 35% of recent semiconductor R&D projects focus on enhancing IGBT performance. With rising electrification trends, this market is expected to continue its strong trajectory in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Power Rating
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Development of Smart Grid Infrastructure

        2. Increase in Consumer Electronics

        3. Expansion of Data Centers and Telecommunications

        4. Technological Innovations in Semiconductor Materials

      2. Restraints
        1. Technological Obsolescence

        2. Regulatory Compliance

        3. Competition from Alternative Technologies

        4. Issues with Reliability and Durability

      3. Opportunities
        1. Development of Smart Cities and Infrastructure

        2. Increasing Adoption of Renewable Energy

        3. Demand for High-Power Density Applications

        4. Technological Innovations in Power Electronics

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market, By Type, 2021 - 2031 (USD Million)
      1. Discrete IGBT
      2. IGBT Module
    2. Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market, By Power Rating, 2021 - 2031 (USD Million)
      1. High Power
      2. Medium Power
      3. Low Power
    3. Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market, By Application, 2021 - 2031 (USD Million)
      1. Energy & Power
      2. Consumer Electronics
      3. Inverter & UPS
      4. Electric Vehicles
      5. Industrial Systems
      6. Others
    4. Insulated-Gate Bipolar Transistors (IGBTs) Discrete Semiconductor Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Infineon Technologies
      2. ON Semiconductor
      3. Mitsubishi Electric Corporation
      4. Fuji Electric Co., Ltd.
      5. STMicroelectronics
      6. Toshiba Corporation
      7. Renesas Electronics Corporation
      8. Vishay Intertechnology, Inc.
      9. ROHM Semiconductor
      10. Hitachi, Ltd.
      11. ABB Ltd.
      12. Semikron / Semikron Danfoss
      13. Littelfuse, Inc.
      14. Dynex Semiconductor Ltd.
      15. Alpha & Omega Semiconductor
  7. Analyst Views
  8. Future Outlook of the Market