Albany, NY -- (SBWIRE) -- 08/31/2016 -- An IGBT chip has high power efficiency, high blocking voltage, and the ability to work on low power. IGBT and diode dies are combined to form power modules. These are large arrangements of basic building blocks of power electronic equipment. These assembled stacks are configured to cope with the needs of the highest power applications. These modules are used in industrial motors, railroad traction, power supplies, renewable energy, and consumer appliances. These modules are also used to drive electric motors for both automotive and industrial applications.

The global IGBT-based power module market to grow at a CAGR of 8.45% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global IGBT-based power module market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IGBT-based power module sensors.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global IGBT-Based Power Module Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Fairchild Semiconductor International
- Fuji Electric
- Infineon Technologies
- Mitsubishi
- SEMIKRON
- STMicroelectronics

Market driver
- Increase in demand for electric and hybrid vehicles
- For a full, detailed list, view our report

Market challenge
- Reduction in size of IGBT modules leading to high power dissipation
- For a full, detailed list, view our report

Market trend
- Increase in demand for electric and hybrid vehicles
- For a full, detailed list, view our report

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Key questions answered in this report:-

- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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