IGBT Market 2020| Global Industry Size, Growth, Segments and Regional Trends till 2023

Market Scope The global IGBT market 2020 can advance at a robust pace of 12.5% over the forecast period (2017 to 2023), projects Market Research Future (MRFR). Growth Boosters and Main Challenges The insulated gate bipolar transistor or IGBT market is witnessing a surge in demand, given its rising applications in different industries like rail, automotive, consumer electronics and energy and power, among others. The demand for IGBT components is quite huge in high voltage applications including motor drive inverters, switch-mode power supplies (SMPS), and uninterruptible power supplies (UPS), welding…

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