Countries with an advanced level of technology such as Japan, Europe among others, the
demand for IGBT is quite rising that results in increasing competitiveness in the international
market. However, major international manufacturers in the market offer cost relatively higher
compare to the Chinese manufacturer. But with the continuous development Chinese IGBT, they
are now in the edge of being one of the major players in the IGBT industry.
Lately, a report from Trendforce states that the China IGBT market scale in 2018 is expected
to be RMB 15.3 billion, showing a yearly increase of 19.91% and continue to stand at RMB
52.2 billion by 2025 with a CAGR of 19.11%. The rising numbers of HEV/EV productions
drive the growth of the Chinese IGBT market. According to the data published by China
Automotive Industry Association, the China HEV/EV production rose from 17,000 cars in 2013
to 780,000 cars in 2017, with CAGR coming to 160.26%.
No comments:
Post a Comment