UK IGBT Market Size was estimated at 271.26 (USD Million) in 2023. The UK IGBT Market Industry is expected to grow from 303.6(USD Million) in 2024 to 1,383.06 (USD Million) by 2035. The UK IGBT Market CAGR (growth rate) is expected to be around 14.78% during the forecast period (2025 - 2035).
The UK IGBT market is witnessing a significant evolution driven by the increasing demand for energy efficiency and renewable energy applications. The government's commitment to net-zero emissions by 2050 greatly boosts the adoption of IGBT technology in renewable energy systems, particularly in wind and solar power. This shift towards cleaner energy sources drives the need for advanced power electronics, where IGBTs play a vital role due to their effectiveness in managing high voltages and improving energy conservation.
Another key market driver is the growing electric vehicle (EV) market, which is heavily reliant on IGBT technology for efficient battery management and energy conversion.The UK is looking to ban fossil fuel cars by 2030 which means IGBTs will need to be incorporated into EV designs by manufacturers. In this context, there is room for new projects and partnerships in the IGBT sphere. From the side of policies, there are many possibilities when it comes to R&D in conjunction with government grants, leading to advancements in IGBT devices and achieving lower thermal losses.
Furthermore, there is great potential for incorporating IGBTs in drives and automation systems as other industries are looking to cut carbon emissions. Recent trends suggest that many markets are increasingly adopting electric and hybrid options due to new governmental policies aimed at controlling emissions and improving energy consumption.
The emphasis on smart grid technologies and digital transformation within the UK's energy sector further highlights the importance of IGBTs, as they facilitate enhanced control and reliability. This transition not only aligns with national policies but also supports the demand for sustainable and innovative solutions in the UK IGBT market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
In the UK, the push towards renewable energy sources is a significant driver for the UK IGBT Market Industry. The UK government has set ambitious targets to achieve net-zero carbon emissions by 2050, leading to a substantial increase in investments in renewable energy projects. According to the UK's Department for Business, Energy & Industrial Strategy, in 2023, renewable energy accounted for approximately 45% of the total electricity generation, up from around 35% in 2019.This growing reliance on solar and wind energy systems, which commonly utilize Insulated Gate Bipolar Transistors (IGBTs) for efficient power conversion and control, is expected to create robust demand for these semiconductor devices. The expansion of the renewable sector is projected to increase the need for efficient power electronics, positioning the UK IGBT Market Industry for significant growth over the upcoming years.
The continuous innovations in power electronics technology have positively influenced the UK IGBT Market Industry. Prominent players in the industry are investing heavily in Research and Development (R&D), leading to the development of advanced IGBT technology that enhances performance and efficiency. For instance, new designs have shown improvements in switching speeds and energy efficiency, providing greater reliability and reducing power losses.Industry players, including major semiconductor manufacturers, are filing patents to protect their innovations. The UK Intellectual Property Office reported a substantial rise in patent filings related to semiconductor technologies, which signifies a thriving environment for innovation. As a result, these technological advancements are anticipated to boost the adoption rates of IGBT devices across various sectors in the UK.
The increasing adoption of electric vehicles (EVs) in the UK is serving as a key driver for the UK IGBT Market Industry. The UK government has pledged to ban the sale of new petrol and diesel cars by 2030, promoting a shift towards electric mobility. According to the Society of Motor Manufacturers and Traders, electric vehicle registrations in the UK increased by approximately 90% in the first half of 2022 compared to the same period in 2021. IGBTs are essential components in EVs, playing a critical role in power management and conversion within electric drivetrains.The strong growth in the EV market is expected to propel the demand for IGBT modules, further enhancing their adoption in automotive applications across the UK.
The UK government’s initiatives and policies promoting sustainable technologies are vital to the growth of the UK IGBT Market Industry. The Renewable Heat Incentive, Smart Export Guarantee, and various subsidies have encouraged the adoption of energy-efficient technologies, including IGBTs, across industries. The UK government's policies on smart grids and energy efficiency improvements, as guided by their energy strategy, are intended to strengthen the electricity system while incentivizing the integration of advanced electrical components.Reports from the UK energy regulator Ofgem highlight substantial funding dedicated to energy projects intended to enhance grid reliability and efficiency, thereby fostering the growth of the IGBT market.
The Voltage segment within the UK IGBT Market is an integral part of the wider industry landscape, highlighting how different voltage categories play crucial roles in various applications. The UK has seen considerable advancements in its energy infrastructure, which has fueled the demand for IGBT technology across multiple voltage levels. The Low Voltage category serves as a key driver in consumer electronics and small-scale renewable energy applications, helping to enhance efficiency and reduce energy loss. Medium Voltage IGBTs are gaining traction in industrial applications, as they provide the necessary power conversion capabilities for systems like motor drives and energy distribution.
Thus some sectors exhibit a significant reliance on this voltage range.High Voltage IGBTs are particularly vital in high-performance applications, such as grid infrastructure and large-scale renewable energy projects, as they facilitate power management and boost system reliability. Additionally, with the UK government's commitment to reducing carbon emissions and transitioning towards a sustainable energy future, the adoption of these voltage levels is expected to align closely with regulatory changes.
Along with this, the increasing focus on Electric Vehicles and energy-efficiency measures in industrial practices will drive substantial growth in the Voltage segment of the UK IGBT Market.Each voltage category possesses unique advantages that cater to specific industry needs, demonstrating their importance across this evolving market landscape and presenting significant opportunities for growth and innovation. Indeed, the UK IGBT Market segmentation strategy underlines the distinct functionalities of Low, Medium, and High Voltage IGBTs, showcasing the diversity within the industry and its alignment with broader global energy trends. Moreover, advancements in semiconductor technology, alongside the push for digitalization, propel investment into these segments, further underlining the significance of Voltage within the UK IGBT Market industry.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Application segment of the UK IGBT Market is experiencing notable expansion, influenced by increasing demand across various industries. Consumer Electronics accounts for a significant portion of this market, driven by the ongoing surge in smart devices and home automation systems. Likewise, the Industrial Manufacturing sector plays a key role due to the rise in automation and the need for energy-efficient machinery. The Automotive industry is also pivotal, as the shift towards electric vehicles necessitates robust and efficient power electronics, making IGBTs essential for efficient energy conversion.Inverters and Uninterruptible Power Supplies (UPS) represent another critical application, particularly in providing reliability in power systems, which is crucial for both residential and commercial setups.
The Railways sector is adopting IGBT technologies to enhance energy efficiency and reduce operational costs, reflecting a broader trend towards sustainable transport solutions in the UK. Meanwhile, Renewables utilize IGBTs for efficient power conversion in solar inverters and wind turbines, aligning with the country's commitment to reducing carbon emissions.Other applications continue to emerge, showcasing the expansive potential of the IGBT technology across diverse fields, reinforcing its vital role in the UK IGBT Market. The overall UK IGBT Market statistics highlight how various applications are propelling growth and innovation, reflecting the increasing emphasis on energy efficiency and sustainable technologies.
The UK IGBT Market is characterized by significant competition among leading players who are continually innovating and advancing their technologies to capture market share. This sector primarily caters to a variety of applications, including industrial equipment, renewable energy systems, automobiles, and consumer electronics, all of which drive the demand for insulated gate bipolar transistors (IGBTs). Competitive insights reveal that companies are not only focusing on technological advancements but also considering factors such as cost efficiency, sustainability, and the ability to meet the increasing power requirements of modern applications.
The overall market landscape is shaped by collaborations, strategic partnerships, and mergers and acquisitions, which further intensify competition and enhance the capabilities of these organizations.Hitachi demonstrates a robust presence in the UK IGBT Market, offering a range of high-quality power semiconductor solutions. The company's strengths lie in its commitment to innovation and operational excellence, enabling it to develop advanced IGBT technologies that cater to the needs of various industrial sectors. Hitachi focuses on delivering efficient products that meet the stringent performance and reliability standards required by end-users. Additionally, the company's reputation for quality and durability strengthens its position in the market, making it a preferred choice among customers.
Their continuous investments in research and product development ensure that Hitachi remains competitive and can quickly adapt to evolving market demands in the UK.STMicroelectronics holds a prominent place in the UK IGBT Market, recognized for its comprehensive range of semiconductor products, particularly power IGBTs that are relevant to many applications, including automotive and consumer electronics. The company excels in its ability to offer tailored solutions, allowing for high efficiency and sustainability while reducing energy consumption.
STMicroelectronics boasts several key strengths, including its focus on engineering excellence, extensive market knowledge, and commitment to fostering technological advancements through partnerships and collaborations. The company has engaged in various mergers and acquisitions aimed at bolstering its product portfolio and expanding its market share within the UK. This strategic approach enhances STMicroelectronics' ability to innovate and respond to the dynamic needs of the IGBT market, positioning it as a significant player.
The UK IGBT market has seen numerous recent developments, particularly with companies like Hitachi, STMicroelectronics, and Infineon Technologies. In September 2023, Hitachi announced advancements in their IGBT technology aimed at enhancing energy efficiency for electric vehicles, responding to the growing demand for sustainable solutions in the automotive sector. STMicroelectronics launched a new line of IGBT products tailored for industrial applications in August 2023, aiming to support the UK’s manufacturing sector as it recovers post-pandemic. In September 2023, Rohm Semiconductor revealed plans for a new production facility in the UK, which is expected to significantly increase local IGBT production capacity.
Furthermore, Semikron's acquisition by a prominent semiconductor firm earlier in 2023 has sparked interest in supply chain integration within the UK market. Over the past couple of years, the UK has seen a steady increase in market valuation for IGBT products, attributed to higher adoption across renewable energy sectors. With growing investments and technology innovations, the UK aims to remain competitive in the global IGBT landscape, addressing the dynamic electrical and energy demands efficiently.
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 271.26 (USD Million) |
| MARKET SIZE 2024 | 303.6 (USD Million) |
| MARKET SIZE 2035 | 1383.06 (USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 14.78% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Hitachi, STMicroelectronics, Semikron, Renesas Electronics, Rohm Semiconductor, Fuji Electric, Texas Instruments, Vishay Intertechnology, Toshiba, Nexperia, Infineon Technologies, Mitsubishi Electric, ABB, ON Semiconductor |
| SEGMENTS COVERED | Voltage, Application |
| KEY MARKET OPPORTUNITIES | Rising demand for renewable energy, Growth in electric vehicle adoption, Expansion of industrial automation, Increasing efficiency in power systems, Technological advancements in semiconductor materials |
| KEY MARKET DYNAMICS | growing demand for electric vehicles, increasing adoption of renewable energy, advancements in power electronics technology, government support for energy efficiency, rise in industrial automation systems |
| COUNTRIES COVERED | UK |
Frequently Asked Questions (FAQ) :
The UK IGBT Market is expected to be valued at 303.6 million USD in 2024.
By 2035, the overall market size is expected to reach approximately 1383.06 million USD.
The expected CAGR for the UK IGBT Market from 2025 to 2035 is 14.78 percent.
The Low Voltage segment is projected to grow significantly, reaching 500 million USD in 2035 from 100 million USD in 2024.
Major players in the market include Hitachi, STMicroelectronics, and Infineon Technologies among others.
The Medium Voltage segment is expected to be valued at 450 million USD by 2035.
In 2024, the High Voltage segment is valued at approximately 113.6 million USD.
The market is driven by increasing demand for power electronic devices across various sectors.
Current global scenarios and conflicts are creating both challenges and opportunities in the UK IGBT Market.
Both the Low Voltage and Medium Voltage segments show substantial growth opportunities reaching 500 million and 450 million USD respectively by 2035.
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Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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