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Global IGBT and Thyristor Market Growth 2025-2031
Nov 2025
Semiconductor and Electronics
Pages: 120
LPI36846
The global IGBT and Thyristor market size is predicted to grow from US$ 6563 million in 2025 to US$ 9308 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.
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The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The insulated gate bipolar transistor (IGBT) and thyristor provide the advantage over metal-oxide-semiconductor field effect transistor (MOSFET) for minimum switching time and switching losses. In addition, it also provides the advantage over elevated breakdown voltage and less conduction losses of the bipolar junction transistor (BJT) in order to meet current power need. FACTS systems and HVDC use power electronic converters for power conversion and control power quality. Earlier, IGBTs and thyristors were used as key components in HVDC and FACTS converters for many years and now have been developed for higher power use. These devices also use high breakdown voltage and conduction losses in BJT to fulfill current power requirement.
United States market for IGBT and Thyristor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for IGBT and Thyristor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for IGBT and Thyristor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key IGBT and Thyristor players cover Fuji Electric, ABB, Infineon Technologies, ON Semiconductor, Hitachi, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
Infinity Market Research newest research report, the IGBT and Thyristor Industry Forecast looks at past sales and reviews total world IGBT and Thyristor sales in 2024, providing a comprehensive analysis by region and market sector of projected IGBT and Thyristor sales for 2025 through 2031. With IGBT and Thyristor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IGBT and Thyristor industry.
This Insight Report provides a comprehensive analysis of the global IGBT and Thyristor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IGBT and Thyristor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global IGBT and Thyristor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IGBT and Thyristor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IGBT and Thyristor.
This report presents a comprehensive overview, market shares, and growth opportunities of IGBT and Thyristor market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
High Power
Medium Power
Low Power
Segmentation by Application:
Flexible AC Transmission System (FACTS)
HVDC
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.
Fuji Electric
ABB
Infineon Technologies
ON Semiconductor
Hitachi
Mitsubishi Electric
Littelfuse (IXYS)
Toshiba
SEMIKRON
Danfoss
STARPOWER SEMICONDUCTOR
Key Questions Addressed in this Report
What is the 10-year outlook for the global IGBT and Thyristor market?
What factors are driving IGBT and Thyristor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do IGBT and Thyristor market opportunities vary by end market size?
How does IGBT and Thyristor break out by Type, by Application?
IGBT and Thyristor Market Scope
| Report Attribute | Details |
|---|---|
| Market Size (Start Year) | USD XX Million |
| Market Size (End Year) | USD XX Million |
| Compound Annual Growth Rate (CAGR) | USD XX Million |
| Forecast Period | USD XX Million |
| Base Year | USD XX Million |
| Historical Data | USD XX Million |
| Key Players | USD XX Million |
REPORT COVERAGE
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
SEGMENT COVERED
By component, deployment, organization size, application, and industry.
REGIONAL SCOPE
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
COUNTRY SCOPE
Includes key countries across all major regions.
📘 Frequently Asked Questions
1. What is the market size of Global IGBT and Thyristor Market?
Answer: The global IGBT and Thyristor market size is predicted to grow from US$ 6563 million in 2025 to US$ 9308 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.
2. Which regions are analyzed in the Global IGBT and Thyristor Market report?
Answer: The Global IGBT and Thyristor Market report covers major regions such as Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.
3. What methodology is used for forecasting of Global IGBT and Thyristor Market?
Answer: The Global IGBT and Thyristor Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.
4. Are emerging markets analyzed separately in the Global IGBT and Thyristor Market?
Answer: Yes, the Global IGBT and Thyristor Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.
5. Does the report include competitive benchmarking of Global IGBT and Thyristor Market?
Answer: Yes, Global IGBT and Thyristor Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.
6. Can I access country-level data within the Global IGBT and Thyristor Market report?
Answer: Yes, Global IGBT and Thyristor Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.
7. Can I get customized insights or data from the Global IGBT and Thyristor Market report?
Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.

🔐 Secure Payment Guaranteed
Safe checkout with trusted global payment methods.
🌟 Why Choose Infinity Market Research?
At Infinity Market Research, we dont just deliver data — we deliver clarity, confidence, and competitive edge.
In a world driven by insights, we help businesses unlock the infinite potential of informed decisions.
Here why global brands, startups, and decision-makers choose us:
Industry-Centric Expertise
With deep domain knowledge across sectors — from healthcare and technology to manufacturing and consumer goods — our team delivers insights that matter.
Custom Research, Not Cookie-Cutter Reports
Every business is unique, and so are its challenges. Thats why we tailor our research to your specific goals, offering solutions that are actionable, relevant, and reliable.
Data You Can Trust
Our research methodology is rigorous, transparent, and validated at every step. We believe in delivering not just numbers, but numbers that drive real impact.
Client-Centric Approach
Your success is our priority. From first contact to final delivery, our team is responsive, collaborative, and committed to your goals — because you re more than a client; you re a partner.
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