• Extracted from :
• Silicon IGBT Comparison 2021, System Plus Consulting, 2021
• Status of the Power Electronics Industry 2020, Yole Développement
• Infineon EasyPACK™ FS100R12W2T7, System Plus Consulting, 2020

OUTLINE:

• Market forecasts:
  • The global power electronics market accounts for US$17.5 billion in 2019, with a 4.3% CAGR from 2019-2025.
  • The IGBT modules represented US$3.7 billion in 2019.
  • The increase demand of power IGBT modules is driven by EV/HEV. Yole announces an expected growth of 18% from 2019 to 2025.
• Technology trends:
  • The IGBT module market is boosted by growth in EVs/HEVs and industrial motors.
• Supply chain:
  • Si IGBT players offer different approaches for device design…
  • Leading power electronics companies are big companies with revenues in the billion-dollar range.
  • Chinese companies such as BYD and CRRC are amongst the leading power electronics players worldwide.
  • In 2019, Infineon led the IGBT power module market with a 28% market share. Infineon remains one of the biggest players in China.

“Silicon devices such as IGBTs are benefiting from mature infrastructure and processes. New device generations are coming to the market. In addition to performance improvements, Si IGBT costs will further be reduced thanks to a 12-inch Si wafer transition that will make the competition with WBG materials even tougher.” asserts Amine Allouche, Technology & Cost Analyst at System Plus Consulting.

According to System Plus Consulting’s partner, Yole Développement (Yole), in its Status of the Power Electronics Industry 2020 report, Si devices represent the majority of the power electronics devices market. Looking back in 2019, the whole power semiconductor device market segment was worth US$17.5 billion, with a CAGR for 2019-2025 of 4.3%. IGBT modules, which represented US$3.7 billion in 2019, are traditionally used in applications such as industrial or renewable energy converters. These applications are today driven by efficiency regulations or increasing clean energy goals, and they account for 46% of the total IGBT module market. Nevertheless, the key application for power IGBT modules is undoubtedly EV/HEV, with an expected growth of 18% from 2019 to 2025.

In this dynamic context, Yole and System Plus Consulting, both part of Yole Group of Companies, investigate disruptive power electronics technologies and related markets in depth. Both companies point out the latest innovations and underline the business opportunities.