IGBT and Super Junction MOSFET Market Size, Share, Trends, Industry Analysis Report: By Type (IGBT and Super Junction MOSFET), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034
- Published Date:Mar-2025
- Pages: 129
- Format: PDF
- Report ID: PM5405
- Base Year: 2024
- Historical Data: 2020-2023
IGBT and Super Junction MOSFET Market Overview
The global IGBT and super junction MOSFET market was valued at USD 16.31 billion in 2024. It is expected to grow from USD 18.22 billion in 2025 to USD 50.78 billion by 2034, at a CAGR of 12.1% from 2025 to 2034.
Insulated gate bipolar transistors (IGBTs) and super junction metal-oxide-semiconductor field-effect transistors (SJ-MOSFETs) are advanced power semiconductor devices designed for high efficiency and low power losses in switching applications.
The growing electric vehicle (EV) industry is a major driver of the IGBT and super junction MOSFET market demand, as these components play a critical role in power electronics, enabling efficient energy conversion and motor control. There is a rising demand for high-performance power compound semiconductors that support fast switching speeds, reduced heat generation, and improved overall system efficiency with the rapid adoption of EVs. For instance, in April 2023, BYD launched the BYD Dolphin hatchback that utilizes IGBTs and Super Junction MOSFETs in its heat pump and regenerative braking systems. These components enhance power conversion and control, contributing to a 15% thermal efficiency boost and efficient energy recovery in winter, highlighting their critical role in advanced EV technology. Additionally, the push for extended driving ranges and enhanced battery efficiency drives the need for IGBT and SJ-MOSFET solutions in automotive applications.
Another key driver boosting the IGBT and super junction MOSFET market growth is the increasing integration of renewable energy sources, such as solar and wind, into the global power infrastructure. Power semiconductor devices are essential for managing energy conversion, grid stability, and power transmission efficiency as the demand for clean energy surges. For instance, in February 2024, Onsemi launched 7th Generation IGBT-based Intelligent Power Modules to reduce energy consumption in heating and cooling. These modules use IGBT and SJ-MOSFET technology for efficient power conversion in inverters, minimizing energy loss in renewable energy systems. The transition towards smart grids and energy storage solutions further strengthens the demand for these semiconductor technologies, as they contribute to optimizing energy flow and improving the overall reliability of renewable energy infrastructure.
IGBT and Super Junction MOSFET Market Dynamics
Expansion of Industrial Automation and Smart Manufacturing
There is a growing demand for precise power control, reduced switching losses, and enhanced energy efficiency in industrial equipment as industries shift towards higher levels of automation. IGBT and SJ-MOSFETs facilitate high-speed switching and reliable power conversion, optimizing the performance of variable frequency drives (VFDs), programmable logic controllers (PLCs), and industrial robots. Additionally, the increasing adoption of smart factories and Industry 4.0 technologies has increased the need for advanced power semiconductors that enable seamless connectivity, predictive maintenance, and efficient energy utilization in manufacturing environments. For instance, in June 2021, GWM opened its second full-production facility outside China in Rayong, Thailand. The smart factory has an annual capacity of 80,000 units, focusing on right-hand drive vehicles, with 60% for the domestic market and 40% for export, highlighting GWM's international expansion. This shift demonstrates how IGBTs and SJ-MOSFETs are becoming increasingly critical components in the evolution of smart manufacturing and industrial automation worldwide.
Rising Data Center Power Demands
Data centers require highly efficient power management solutions to handle increasing workloads while minimizing energy consumption with the growth of cloud computing, artificial intelligence (AI), and high-performance computing (HPC). For instance, a December 2024 report from the Department of Energy (DOE) indicated that data centers consumed about 4.4% of US electricity in 2023, with projections of 6.7% to 12% by 2028. Also, electricity usage by data centers rose to 176 TWh in 2023, with an estimated increase of 325 to 580 TWh by 2028. This increase in power consumption highlights the crucial need for more efficient power management solutions in data centers, driving the demand for advanced power semiconductors. IGBT and SJ-MOSFETs play a crucial role in power supply units (PSUs), uninterrupted power supplies (UPS), and cooling systems, ensuring stable and efficient energy conversion. Their ability to operate at high frequencies with reduced power losses enhances overall energy efficiency and thermal management in data centers, supporting the need for sustainable and cost-effective power infrastructure in the digital economy. Thus, the rising data center power demands are propelling the IGBT and super junction MOSFET market revenue.
IGBT and Super Junction MOSFET Market Segment Insights
IGBT and Super Junction MOSFET Market Assessment by Type Outlook
The global IGBT and super junction MOSFET market assessment, based on type, includes IGBT and super junction MOSFET. The IGBT segment dominated the market in 2024 due to its widespread adoption in high-power applications, such as industrial automation, renewable energy systems, and electric vehicles. IGBTs offer superior efficiency in handling high-voltage and high-current operations, making them a preferred choice for power conversion and motor control applications. Their ability to provide lower conduction losses and improved thermal performance enhances overall system reliability and operational efficiency. Additionally, the increasing demand for energy-efficient power semiconductors in infrastructure development, grid modernization, and industrial applications contributes to the dominance of the IGBT segment in the market.
IGBT and Super Junction MOSFET Market Evaluation by Application Outlook
The global IGBT and super junction MOSFET market evaluation, based on application, includes energy and power, consumer electronics, inverter and UPS, electric vehicle, industrial system, and others. The electric vehicle segment is expected to witness the fastest growth during the forecast period, driven by the global transition toward sustainable transportation. IGBTs and SJ-MOSFETs play a critical role in EV powertrains, enabling efficient energy conversion and motor control while minimizing power losses. The rising adoption of high-voltage fast-charging infrastructure, along with advancements in battery technology, has boosted the need for power semiconductor solutions that improve vehicle performance and extend driving range. Furthermore, government initiatives promoting electric mobility and stringent emission regulations are accelerating the demand for advanced power electronics, positioning the EV segment as a key driver for the IGBT and super junction MOSFET market development.
IGBT and Super Junction MOSFET Market Regional Analysis
By region, the report provides the IGBT and super junction MOSFET market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific dominated the global market in 2024, supported by strong industrialization, rapid urbanization, and a robust electronics manufacturing ecosystem. The presence of leading semiconductor manufacturers, along with increasing investments in renewable energy projects and electric vehicle production, has significantly contributed to the regional market expansion. For instance, a 2024 report by the IEA indicated that nearly 14 million new electric cars were registered globally in 2023, increasing the total number on the roads to 40 million. Countries such as China, Japan, and South Korea have been at the forefront of adopting power semiconductor technologies in automotive, consumer electronics, and industrial applications. The growing demand for energy-efficient infrastructure and smart grid solutions further solidifies Asia Pacific’s leadership in the market, making it a major hub for power semiconductor innovation and production.
The North America IGBT and super junction MOSFET market is projected to witness the fastest growth during the forecast period, driven by increasing investments in electric mobility, renewable energy integration, and data center expansion. The region’s strong focus on technological advancements and the widespread adoption of energy-efficient power electronics in industrial and commercial applications are fueling IGBT and super junction MOSFET market demand. The rapid expansion of EV charging networks, coupled with government incentives for clean energy adoption, is further accelerating the deployment of IGBTs and SJ-MOSFETs. For instance, a September 2024 by the US Department of the Treasury report revealed that about USD 3.5 billion has been invested in solar installations for clean energy through the Low-Income Communities Bonus Credit Program that will generate nearly 2 billion kilowatt-hours of clean electricity annually in underserved areas. It is equivalent to the annual usage of approximately 200,000 households, saving around USD 270 million at typical retail rates. Moreover, the growing emphasis on digital transformation and automation in various industries is increasing the need for advanced power semiconductor solutions, positioning North America as a key growth market for the future.
IGBT and Super Junction MOSFET Market – Key Players and Competitive Insights
The competitive landscape features a mix of global leaders and regional players competing for IGBT and super junction MOSFET market share through innovation, strategic partnerships, and geographic expansion. Key global players such as Infineon Technologies AG, Mitsubishi Electric Corporation, and others leverage strong R&D capabilities and extensive distribution networks to deliver advanced power semiconductor solutions. IGBT and super junction MOSFET market trends highlight growing demand for high-efficiency, compact, and reliable components, driven by the rapid adoption of electric vehicles (EVs), renewable energy systems, and industrial automation.
Regional players focus on addressing localized demands by offering cost-effective and application-specific solutions, particularly in emerging markets. IGBT and Super Junction MOSFET market competitive strategies include mergers and acquisitions, collaborations with technology providers, and the development of next-generation products to meet evolving industry requirements. These dynamics underscore the importance of technological innovation, market adaptability, and strategic investments in shaping the future of the IGBT and super junction MOSFET market development. A few market key players are Alpha and Omega Semiconductor; Diodes Incorporated; Fuji Electric Co., Ltd.; Infineon Technologies AG; Littelfuse; MACMIC; Mitsubishi Electric Corporation; NXP Semiconductors; ROHM Co., Ltd.; Semiconductor Components Industries, LLC; Semikron Danfoss; StarPower Europe AG; STMicroelectronics; TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION; and Vishay Intertechnology, Inc.
Fuji Electric Co., Ltd., also known as FE, is a Japanese electrical equipment company that manufactures a variety of products, such as pressure transmitters, flowmeters, gas analyzers, controllers, inverters, pumps, generators, ICs, motors, and power equipment. The company was established in 1923 through a capital and technology partnership between Furukawa Electric and Siemens AG. Fuji Electric operates across four main business segments: Energy, Industry, Semiconductors, and Food and Beverage Distribution. The company is known for its core power semiconductor and power electronics technologies. Fuji Electric provides many inverters and power electronics products equipped with their unique power semiconductors, such as power transistors. Notably, Fuji Electric has been a pioneer in power semiconductors, including IGBTs and Super Junction MOSFETs.
Mitsubishi Electric Corporation (MELCO) is a Japanese electronics and electrical equipment manufacturer headquartered in Tokyo, Japan. Established in 1921 as a spin-off from Mitsubishi Shipbuilding, it has become a major electronics company with a diverse product range. MELCO's offerings include elevators and escalators, home appliances, air conditioning, factory automation systems, train systems, electric motors, semiconductors, and digital signage. The company is known for its technical originality and product innovation, with its first major commercial product being an electric fan. Mitsubishi Electric is also involved in the development and manufacturing of semiconductors and devices such as IGBT and MOSFET. They are developing the optical neurochip, along with numerous other essential devices and semiconductors, to help realize the upcoming computer age.
List of Key Companies in IGBT and Super Junction MOSFET Market
- Alpha and Omega Semiconductor.
- Diodes Incorporated
- Fuji Electric Co., Ltd.
- Infineon Technologies AG
- Littelfuse
- MACMIC
- Mitsubishi Electric Corporation
- NXP Semiconductors.
- ROHM Co., Ltd.
- Semiconductor Components Industries, LLC
- Semikron Danfoss
- StarPower Europe AG
- STMicroelectronics
- TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION
- Vishay Intertechnology, Inc.
IGBT and Super Junction MOSFET Industry Developments
June 2024: Infineon announced the launch of its new 600 V CoolMOS S7TA MOSFET. The company stated that the MOSFET features an integrated high-precision temperature sensor and is designed to meet the specific requirements of automotive electronics.
January 2024: Alpha and Omega Semiconductor Limited launched two αMOS5 600V FRD MOSFETs for high-efficiency applications such as servers, solar inverters, and EV charging.
IGBT and Super Junction MOSFET Market Segmentation
By Type Outlook (Revenue, USD Billion, 2020–2034)
- IGBT
- Discrete IGBT
- IGBT Module
- Super Junction MOSFET
- Discrete Super Junction MOSFET
- Super Junction MOSFET Module
By Application Outlook (Revenue, USD Billion, 2020–2034)
- Energy and Power
- Consumer Electronics
- Inverter and UPS
- Electric Vehicle
- Industrial System
- Others
By Regional Outlook (Revenue, USD Billion, 2020–2034)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Vietnam
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
IGBT and Super Junction MOSFET Market Report Scope
|
Report Attributes |
Details |
|
Market Size Value in 2024 |
USD 16.31 billion |
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Market Size Value in 2025 |
USD 18.22 billion |
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Revenue Forecast by 2034 |
USD 50.78 billion |
|
CAGR |
12.1% from 2025 to 2034 |
|
Base Year |
2024 |
|
Historical Data |
2020–2023 |
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Forecast Period |
2025–2034 |
|
Quantitative Units |
Revenue in USD billion and CAGR from 2025 to 2034 |
|
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Industry Trends |
|
Segments Covered |
|
|
Regional Scope |
|
|
Competitive Landscape |
|
|
Report Format |
|
|
Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
FAQ's
• The global IGBT and super junction MOSFET market size was valued at USD 16.31 billion in 2024 and is projected to grow to USD 50.78 billion by 2034.
• The global market is projected to register a CAGR of 12.1% during the forecast period.
• Asia Pacific dominated the IGBT and super junction MOSFET market revenue in 2024.
• Some of the key players in the market are Alpha and Omega Semiconductor; Diodes Incorporated; Fuji Electric Co., Ltd.; Infineon Technologies AG; Littelfuse; MACMIC; Mitsubishi Electric Corporation; NXP Semiconductors; ROHM Co., Ltd.; Semiconductor Components Industries, LLC; Semikron Danfoss; StarPower Europe AG; STMicroelectronics; TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION; Vishay Intertechnology, Inc.
• The IGBT segment dominated the IGBT and super junction MOSFET market expansion in 2024.
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