Lucintel Forecasts the Global Integrated Gate-Commutated Thyristors (IGCT) Market is expected to grow with a CAGR of 8.0% from 2024 to 2030

According to a market report by Lucintel, the future of the global integrated gate-commutated thyristors (IGCT) market looks promising with opportunities in the Tmedium voltage drives, marine drives, wind power converters, dynamic voltage restorer, battery energy storage systems, traction power compensators, solid state breakers, and Dc traction line boosters markets. The global integrated gate-commutated thyristors (IGCT) market is expected to grow with a CAGR of 8.0% from 2024 to 2030. The major drivers for this market are high adoption of IGCT in high power applications, high demand for HVDC transmission, and high adaption for industrial application.

A more than 150-page report to understand trends, opportunity and forecast in integrated gate-commutated thyristors (IGCT) market to 2030 by type (asymmetric IGCT, reverse blocking IGCT, and reverse conducting IGCT), end use industry (power transmission and distribution and industrial), application (tmedium voltage drives, marine drives, wind power converters, dynamic voltage restorer, battery energy storage systems, traction power compensators, solid state breakers, and dc traction line boosters), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that reverse conducting IGCT is expected to witness highest growth over the forecast period due to high need for blocking reverse voltage.

Within this market, solid state breakers will remain the largest segment due to fast switching speed, compact size and lightweight.

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APAC is expected to witness highest growth over the forecast period due to presence of major manufacturers.

ABB, Infineon Technologies, Mitsubishi, On Semiconductor, Tianjin Century are the major suppliers in the integrated gate-commutated thyristors (IGCT) market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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