Industrial IGBT Power Device Market to Reach USD 8.10 Billion by...

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2025-09-04 08:40:32 -

Industrial IGBT Power Device Market to Reach USD 8.10 Billion by 2034, Driven by Growth in Energy-Efficient Motor Drives and High-Voltage Switching Solutions

The global industrial IGBT power device market, valued at USD 4.15 billion in 2024, is projected to grow at a CAGR of 6.9%, reaching USD 8.10 billion by 2034. These devices, including IGBT modules, discrete IGBTs, and intelligent power modules (IPMs), are critical power semiconductor devices used in industrial inverter applications,...

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