The global IGBT & thyristor market was valued at USD 5.80 billion in 2024 and is projected to grow at a CAGR of 4.45% from 2025 to 2034, reaching USD 8.96 billion by 2034. Market growth is driven by rising demand in electric vehicles (EVs), renewable energy infrastructure, industrial automation, and consumer electronics. Both IGBTs and thyristors are widely...