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IGCT Market by Type (Asymmetric IGCT, Reverse Blocking IGCT, and Reverse Conducting IGCT) and Application (Drive, Traction, Converter, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2024

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SE_184667
Pages: 188
Jun 2018 | 727 Views
 
Author's : Richa
Tables: 77
Charts: 50
 

IGCT Market Overview:

An integrated gate commutated thyristor (IGCT) is a gate-controlled turn-off switch, which performs similar to a thyristor with lowest conduction losses. IGCT is a power semiconductor, which can be used for medium to high-voltage applications ranging from 0.5 MVA up to several 100 MVA. IGCT enables a robust series connection between high power turn-off devices used for high power applications.

Low conduction loss as compared to GTO and IGBT, increased usage of power electronics in renewable energy sources, better performance at high temperature, and low price are the factors that drive the market. In addition, use of power semiconductor devices in hybrid vehicles and invention of high-power technology (HPT) platform boost the growth of the IGCT market. However, bulky structure of thyristor and complex manufacturing process restricts the growth of the market.

Benefits such as better performance of IGCT at higher temperature, (temperature ranges from -40 to 125 C) support the growth of the market. IGCT is used in industrial appliances and steel mills for controlling high power AC motors, and AC grid interface, as well as the PWM switching. Therefore, this feature adds value to drive the demand for the IGCT market.

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The IGCT market is segmented based on type, application, and region. Based on type, it is categorized into asymmetric IGCT, reverse blocking IGCT, and reverse conducting IGCT. The application segment is divided into drives, traction, converters, and others. Based on region, the market is analyzed across North America, Asia Pacific, Europe, and LAMEA.

The major companies profiled in the report are ABB, Infineon Technologies, Mitsubishi Electric, Tianjin Century Electronics, CSR Zhuzhou Institute Co, Ltd. (CRRC), General Electric, Xiamen Hidins Technology Co. Ltd., Jiangyin City Saiying Electron Co. Ltd., AmePower, Inc., and Shenzhen CTW Semiconductor Co., Ltd.

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Top Impacting Factors

Low conduction loss as compared to GTO and IGBT, increased usage of power electronics in renewable energy sources, better performance at high temperature, and low price are the factors that drive the growth of the market. In addition, use of power semiconductor devices in hybrid vehicles and invention of high-power technology (HPT) platform, bulky structure of thyristor, and complex manufacturing process also affect the growth of the global IGCT market. These factors are anticipated to either drive or hamper the market growth.

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Low Conduction Loss as Compared to GTO and IGBT

IGCT is optimized for low conduction losses. Its typical turn-on/off switching frequency is in the range of 500 hertz. However, in contrast to the Gate turn-off thyristor (GTO) and insulated-gate bipolar transistor (IGBT), the upper switching frequency is only limited by operating thermal losses. Due to this, lower conduction loss, and transition between on & off state enables short pulse, which adds fast switching frequency needed for reliable operation.

Better Performance at Higher Temperature

As IGCT performs better at higher temperature, it can operate at a temperature ranges from -40 to 125 C. IGCT is used in industrial appliances and steel mills to control high power AC motors, and AC grid interface, as well as the PWM switching. Therefore, this feature boosts the growth of the IGCT market.

Bulky Structure of Thyristor and Complex Manufacturing Process

The production process of IGCT consumes time due to its complex design. The structure consists of a number of small-sized components measuring within a range of millimeters, which further increases the complexity of the component. Furthermore, the fabrication process consisting of drilling, etching, and programming of minute components is also a complex and time consuming process. Hence, it restricts the adoption of the IGCT market.

Key Benefits

  • This study comprises analytical depiction of the global IGCT market with current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2017 to 2024 to benchmark the financial competency.
  • Porters Five Forces analysis illustrates the potency of the buyers and suppliers in the industry.

IGCT Market Key Segments:

By Type

  • Asymmetric IGCT
  • Reverse Blocking IGCT
  • Reverse Conducting IGCT

By Application

  • Drive
  • Traction
  • Converter
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS

3.3.1. Moderate-to-high bargaining power of suppliers
3.3.2. Moderate-to-high threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. High-to-moderate intensity of rivalry
3.3.5. High-to-moderate bargaining power of buyers

3.4. MARKET SHARE ANALYSIS (2017)
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Low conduction loss as compared to GTO and IGBT.
3.5.1.2. Increased usage of power electronics in renewable energy sources.
3.5.1.3. Better performance at higher temperature.
3.5.1.4. Low price.

3.5.2. Restraint

3.5.2.1. Bulky thyristor structure and complex manufacturing process.

3.5.3. Opportunities

3.5.3.1. Use of semiconductor devices in hybrid vehicles.
3.5.3.2. Invention of high power technology (HPT) platform.

Chapter: 4: INTEGRATED GATE-COMMUTATED THYRISTOR (IGCT) MARKET, BY TYPE

4.1. OVERVIEW
4.2. ASYMMETRIC IGCT

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country

4.3. REVERSE BLOCKING IGCT

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

4.4. REVERSE CONDUCTING IGCT

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country

Chapter: 5: INTEGRATED GATE-COMMUTATED THYRISTOR (IGCT) MARKET, BY APPLICATION

5.1. OVERVIEW
5.2. DRIVES

5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country

5.3. TRACTION

5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country

5.4. CONVERTERS

5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

5.5. OTHERS

5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country

Chapter: 6: INTEGRATED GATE-COMMUTATED THYRISTOR (IGCT) MARKET, BY REGION

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by type
6.2.3. Market size and forecast, by application
6.2.4. Market analysis by country

6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast, by type
6.2.4.1.2. Market size and forecast, by application

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast, by type
6.2.4.2.2. Market size and forecast, by application

6.2.4.3. Mexico

6.2.4.3.1. Market size and forecast, by type
6.2.4.3.2. Market size and forecast, by application

6.3. EUROPE

6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by type
6.3.3. Market size and forecast, by application
6.3.4. Market analysis by country

6.3.4.1. UK

6.3.4.1.1. Market size and forecast, by type
6.3.4.1.2. Market size and forecast, by application

6.3.4.2. Germany

6.3.4.2.1. Market size and forecast, by type
6.3.4.2.2. Market size and forecast, by application

6.3.4.3. France

6.3.4.3.1. Market size and forecast, by type
6.3.4.3.2. Market size and forecast, by application

6.3.4.4. Russia

6.3.4.4.1. Market size and forecast, by type
6.3.4.4.2. Market size and forecast, by application

6.3.4.5. Rest of Europe

6.3.4.5.1. Market size and forecast, by type
6.3.4.5.2. Market size and forecast, by application

6.4. ASIA-PACIFIC

6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by application
6.4.4. Market analysis by country

6.4.4.1. China

6.4.4.1.1. Market size and forecast, by type
6.4.4.1.2. Market size and forecast, by application

6.4.4.2. India

6.4.4.2.1. Market size and forecast, by type
6.4.4.2.2. Market size and forecast, by application

6.4.4.3. Japan

6.4.4.3.1. Market size and forecast, by type
6.4.4.3.2. Market size and forecast, by application

6.4.4.4. Australia

6.4.4.4.1. Market size and forecast, by type
6.4.4.4.2. Market size and forecast, by application

6.4.4.5. South Korea

6.4.4.5.1. Market size and forecast, by type
6.4.4.5.2. Market size and forecast, by application

6.4.4.6. Rest of Asia-Pacific

6.4.4.6.1. Market size and forecast, by type
6.4.4.6.2. Market size and forecast, by application

6.5. LAMEA

6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by type
6.5.3. Market size and forecast, by application
6.5.4. Market analysis by country

6.5.4.1. Latin America

6.5.4.1.1. Market size and forecast, by type
6.5.4.1.2. Market size and forecast, by application

6.5.4.2. Middle East

6.5.4.2.1. Market size and forecast, by type
6.5.4.2.2. Market size and forecast, by application

6.5.4.3. Africa

6.5.4.3.1. Market size and forecast, by type
6.5.4.3.2. Market size and forecast, by application

Chapter: 7: COMPANY PROFILES

7.1. ASEA BROWN BOVERI LTD.

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance

7.2. INFINEON TECHNOLOGIES AG

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments

7.3. MITSUBISHI ELECTRIC CORPORATION

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance

7.4. TIANJIN CENTURY ELECTRONICS CO., LTD.

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio

7.5. CRRC CORPORATION LIMITED (CSR ZHUZHOU INSTITUTE CO., LTD.)

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance

7.6. GENERAL ELECTRIC COMPANY

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance

7.7. XIAMEN HIDINS TECHNOLOGY CO., LTD.

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Product portfolio

7.8. AMEPOWER, INC.

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Product portfolio

7.9. SHENZHEN CTW SEMICONDUCTOR CO., LTD.

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Product portfolio

7.10. JIANGYIN CITY SAIYING ELECTRON CO., LTD.

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Product portfolio

LIST OF TABLES

TABLE 01. GLOBAL IGCT MARKET, BY TYPE , 2017-2024($MILLION)
TABLE 02. IGCT MARKET REVENUE FOR ASYMMETRIC IGCT TYPE, BY REGION 2017-2024($MILLION)
TABLE 03. IGCT MARKET REVENUE FOR REVERSE BLOCKING IGCT TYPE , BY REGION 2017-2024($MILLION)
TABLE 04. IGCT MARKET REVENUE FOR REVERSE CONDUCTING IGCT TYPE , BY REGION 2017-2024($MILLION)
TABLE 05. GLOBAL IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 06. IGCT MARKET REVENUE FOR DRIVES , BY REGION 2017-2024($MILLION)
TABLE 07. IGCT MARKET REVENUE FOR TRACTION BY REGION 2017-2024($MILLION)
TABLE 08. IGCT MARKET REVENUE FOR CONVERTERS, BY REGION 2017-2024($MILLION)
TABLE 09. IGCT MARKET REVENUE FOR OTHERS, BY REGION 2017-2024($MILLION)
TABLE 10. NORTH AMERICA IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 11. NORTH AMERICA IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 12. U.S. IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 13. U.S IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 14. CANADA IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 15. CANADA IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 16. MEXICO IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 17. MEXICO IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 18. EUROPE IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 19. EUROPE IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 20. UK IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 21. UK IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 22. GERMANY IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 23. GERMANY IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 24. FRANCE IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 25. FRANCE IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 26. RUSSIA IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 27. RUSSIA IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 28. REST OF EUROPE IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 29. REST OF EUROPE IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 30. ASIA-PACIFIC IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 31. ASIA-PACIFIC IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 32. CHINA IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 33. CHINA IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 34. INDIA IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 35. INDIA IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 36. JAPAN IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 37. JAPAN IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 38. AUSTRALIA IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 39. AUSTRALIA IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 40. SOUTH KOREA IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 41. SOUTH KOREA IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 42. REST OF ASIA-PACIFIC IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 43. REST OF ASIA PACIFIC IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 44. LAMEA IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 45. LAMEA IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 46. LATIN AMERICA IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 47. LATIN AMERICA IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 48. MIDDLE EAST IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 49. MIDDLE EAST IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 50. AFRICA IGCT MARKET, BY TYPE 2017-2024($MILLION)
TABLE 51. AFRICA IGCT MARKET, BY APPLICATION, 2017-2024($MILLION)
TABLE 52. ABB: COMPANY SNAPSHOT
TABLE 53. ABB: OPERATING SEGMENTS
TABLE 54. ABB: PRODUCT PORTFOLIO
TABLE 55. INFINEON: COMPANY SNAPSHOT
TABLE 56. INFINEON: OPERATING SEGMENTS
TABLE 57. INFINEON: PRODUCT PORTFOLIO
TABLE 58. MITSUBISHI ELECTRIC: COMPANY SNAPSHOT
TABLE 59. MITSUBISHI ELECTRIC: OPERATING SEGMENTS
TABLE 60. MITSUBISHI ELECTRIC: PRODUCT PORTFOLIO
TABLE 61. TCEC: COMPANY SNAPSHOT
TABLE 62. TCEC: OPERATING SEGMENTS
TABLE 63. TCEC: PRODUCT PORTFOLIO
TABLE 64. CRRC: COMPANY SNAPSHOT
TABLE 65. CRRC: OPERATING SEGMENTS
TABLE 66. CRRC: PRODUCT PORTFOLIO
TABLE 67. GE: COMPANY SNAPSHOT
TABLE 68. GE: OPERATING SEGMENTS
TABLE 69. GE: PRODUCT PORTFOLIO
TABLE 70. XIAMEN: COMPANY SNAPSHOT
TABLE 71. XIAMEN: PRODUCT PORTFOLIO
TABLE 72. AMEPOWER: COMPANY SNAPSHOT
TABLE 73. AMEPOWER: PRODUCT PORTFOLIO
TABLE 74. SHENZHEN CTW SEMICONDUCTOR: COMPANY SNAPSHOT
TABLE 75. SHENZHEN CTW SEMICONDUCTOR: PRODUCT PORTFOLIO
TABLE 76. JIANGYIN CITY SAIYING ELECTRON: COMPANY SNAPSHOT
TABLE 77. JIANGYIN CITY SAIYING ELECTRON: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. EXECUTIVE SUMMARY
FIGURE 04. TOP IMPACTING FACTORS
FIGURE 05. TOP INVESTMENT POCKETS
FIGURE 06. GLOBAL IGCT MARKET, BY TYPE , 2017-2024
FIGURE 07. COMPARATIVE SHARE ANALYSIS OF ASYMMETRIC IGCT MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 08. COMPARATIVE SHARE ANALYSIS OF REVERSE BLOCKING IGCT MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 09. COMPARATIVE SHARE ANALYSIS OF REVERSE CONDUCTING IGCT MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 10. GLOBAL IGCT MARKET, BY APPLICATION, 2017-2024
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF DRIVES IGCT MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF TRACTION IGCT MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF CONVERTERS IGCT MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF OTHERS IGCT MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF IGCT MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 16. U.S. IGCT MARKET, 2017-2024($MILLION)
FIGURE 17. CANADA IGCT MARKET, 2017-2024($MILLION)
FIGURE 18. MEXICO IGCT MARKET, 2017-2024($MILLION)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF IGCT MARKET, BY COUNTRY, 2016 - 2023 (%)
FIGURE 20. UK IGCT MARKET, 2017-2024($MILLION)
FIGURE 21. GERMANY IGCT MARKET, 2017-2024($MILLION)
FIGURE 22. FRANCE IGCT MARKET, 2017-2024($MILLION)
FIGURE 23. RUSSIA IGCT MARKET, 2017-2024($MILLION)
FIGURE 24. REST OF EUROPE IGCT MARKET, 2017-2024($MILLION)
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF IGCT MARKET, BY COUNTRY, 2017-2024(%)
FIGURE 26. CHINA IGCT MARKET, 2017-2024($MILLION)
FIGURE 27. INDIA IGCT MARKET, 2017-2024($MILLION)
FIGURE 28. JAPAN IGCT MARKET, 2017-2024($MILLION)
FIGURE 29. AUSTRALIA IGCT MARKET, 2017-2024($MILLION)
FIGURE 30. SOUTH KOREA IGCT MARKET, 2017-2024($MILLION)
FIGURE 31. REST OF ASIA-PACIFIC IGCT MARKET, 2017-2024($MILLION)
FIGURE 32. COMPARATIVE SHARE ANALYSIS OF IGCT MARKET, BY COUNTRY, 2017-2024(%)
FIGURE 33. LATIN AMERICA IGCT MARKET, 2017-2024($MILLION)
FIGURE 34. MIDDLE EAST IGCT MARKET, 2017-2024($MILLION)
FIGURE 35. AFRICA IGCT MARKET, 2017-2024($MILLION)
FIGURE 36. ABB: NET SALES, 2015-2017 ($MILLION)
FIGURE 37. ABB: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 38. ABB: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 39. INFINEON: NET SALES, 2015-2017 ($MILLION)
FIGURE 40. INFINEON: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 41. INFINEON: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 42. MITSUBISHI ELECTRIC: NET SALES, 2015-2017 ($MILLION)
FIGURE 43. MITSUBISHI ELECTRIC: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 44. MITSUBISHI ELECTRIC: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 45. CRRC: NET SALES, 2015-2017 ($MILLION)
FIGURE 46. CRRC: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 47. CRRC: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 48. GE: NET SALES, 2015-2017 ($MILLION)
FIGURE 49. GE: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 50. GE: REVENUE SHARE BY GEOGRAPHY, 2017(%)

 

Integrated Gate Commutated Thyristor (IGCT) is a power semiconductor, which can be used for medium to high-voltage applications ranging from 0.5 MVA up to several 100 MVA. At present, there is an increase in demand for the IGCT devices from the developed countries such as the U.S, Canada, and others. Companies in this industry adopt various techniques to provide customers with advanced and innovative product offerings.

Benefits such as better performance of IGCT at higher temperature (temperature ranges from -40 to 125 °C) support the growth of the market. IGCT is used in industrial appliances and steel mills to control high power AC motors and AC grid interface, as well as the PWM switching. Therefore, this feature adds value to drive the IGCT market.

However, bulky structure of the thyristor and complex manufacturing process impede the growth of the market. In future, rise in use of power semiconductor devices in hybrid vehicles, and invention of high-power technology (HPT) platform are expected to create lucrative opportunities for the key players operating in the IGCT market.

Among the analyzed geographical regions, Asia-Pacific is expected to account for the highest revenue in the global market throughout the forecast period (2018-2024) followed by North America, Europe, and LAMEA. However, LAMEA is projected to grow at a higher CAGR, predicting a lucrative market growth for IGCT devices.

ABB, Infineon Technologies, Mitsubishi Electric, Tianjin Century Electronics, CSR Zhuzhou Institute Co, Ltd. (CRRC), General Electric, Xiamen Hidins Technology Co. Ltd., Jiangyin City Saiying Electron Co. Ltd., AmePower, Inc., and Shenzhen CTW Semiconductor Co., Ltd are the key market players that occupy a significant revenue share in the IGCT market.

 

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