The Business Research Company’s Insulated Gate Bipolar Transistor Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Insulated Gate Bipolar Transistor Global Market Report 2023 evaluates insulated gate bipolar transistor market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global insulated gate bipolar transistor (IGBT) market size grew from $7.27 billion in 2022 to $8.42 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The insulated gate bipolar transistor (IGBT) market size is expected to grow to $15.27 billion in 2027 at a CAGR of 16.0%.
Asia-Pacific was the largest region in the insulated gate bipolar transistor (IGBT) market in 2022.

The insulated gate bipolar transistor market segments in the report are:

By Type:
Discrete
Modular
By Power Rating:
High Power
Medium Power
Low Power
By End-User:
EV/HEV
Renewables
UPS
Rail
Motor Drives
Industrial
Commercial
Get More Information On The Insulated Gate Bipolar Transistor Market Report:
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