IGCT Market

The global IGCT market was valued at 1.06 Million USD in 2021 and will grow with a CAGR of 5.65% from 2021 to 2027, based on Research newly published report.

The prime objective of IGCT Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, IGCT Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

IGCT can be described as a power semiconductor electronic device that is used in industrial equipment to switch electric current. IGCT is related to the gate turn-off (GTO) thyristor, a special type of thyristor, which is a high-power semiconductor device. Like the GTO thyristor, IGCT is a power switch that is fully controllable, i.e., it can be turned both on and off by its control terminal (the gate).The increasing demand for power electronic devices is one of the primary growth factors for the integrated gate commutated thyristor (IGCT) market. Power ICs or integrated circuits are primarily used for high-frequency range, high power amplification, and microwave radiation applications in fields such as industrial, ICT, and aerospace and defense applications. The increasing demand for power electronic devices has reduced their size, weight, and cost and has also improved their dynamic performance. The size is regulated by passive components such as inductors and capacitors. IGCT technology offers various advantages such as low cost, low complexity, and high efficiency. Operating the power converters at significantly higher switching frequencies by tackling the loss, efficiency, and control challenges, proves to be highly advantageous for the organizations.

By Market Verdors:

• ABB
• Infineon technologies
• Mitsubishi Electric
• ON Semiconductor
• Tianjin Century Electronics

By Types:

• Asymmetric IGCT
• Reverse Blocking IGCT
• Reverse Conducting IGCT

By Applications:

• Drive
• Traction
• Converter

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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