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2019-02-14

Trendforce: China IGBT Market Scale will Reach RMB 52.2 Billion in 2025 and HEV/EV will be the Largest Application Field

According to the latest report of Trendforce, titled “ 2019 China IGBT Industry Development and Market Report”, China IGBT market scale in 2018 is expected to be RMB 15.3 billion, representing a year-on-year increase of 19.91%. As HEV/EV demand and industrial demand enjoy large growth, China IGBT market scale will continuously increase and it is expected to stand at RMB 52.2 billion by 2025 with a CAGR of 19.11%. HEV/EV Demand Market Ranks Top In 2012, as the State Council of the People's Republic of China issued Ener...

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