NEW YORK, May 22, 2020 /PRNewswire/ -- The IGBT and
thyristor market in Europe was
valued at US$ 1,349.1 million in 2018
and is projected to reach US$ 2,016.5
million by 2027; it is expected to grow at a CAGR of 5.4%
during 2020-2027. The government is taking several initiatives to
boost the development of electronic components and systems.
Further, increasing awareness about the rising levels of greenhouse
gas emission and the negative impacts of conventional vehicles are
the major factors encouraging key players to invest in electric
vehicles. Various major companies are looking forward to investing
in startups, which can eventually help them co-create products in
the future which is likely to drive the IGBT and thyristor
market.
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https://www.reportlinker.com/p05894541/?utm_source=PRN
Based on packaging type, the European IGBT and thyristor market
was led by the module segment in 2018 with a decent share and is
expected to continue its dominance during the forecast period. Low
surge and low switching loss, high-speed switching, and reduced
temperature dependence are the advantages provided by the IGBT
module.
Overall size of the European IGBT and thyristor market has been
derived using primary and secondary sources.The research process
begins with exhaustive secondary research using internal and
external sources to obtain qualitative and quantitative information
related to the European IGBT and thyristor market.
It also provides an overview and forecast for the IGBT and
thyristor based on all segmentation provided with respect to the
European region.Additionally, primary interviews were conducted
with industry participants and commentators in order to validate
data and analysis.
The participants who typically take part in such a process include
industry experts such as VPs, business development managers, market
intelligence managers, and national sales managers, and external
consultants such as valuation experts, research analysts, and key
opinion leaders specializing in the European IGBT and thyristor
industry. ABB Ltd, Infineon technologies AG, Mitsubishi
Technologies AG, Rohm Co Ltd, and Fuji Electric Co Ltd. are among
the key players present in the European IGBT and thyristor
market.
Read the full report:
https://www.reportlinker.com/p05894541/?utm_source=PRN
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