The Gate Driver Integrated Circuit (IC) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for the Gate Driver Integrated Circuit (IC) market has seen significant growth in recent years. It is projected to increase from $1.51 billion in 2024 to $1.6 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.3%.
The Gate Driver Integrated Circuit (IC) market is projected to increase to a worth of $2.02 billion by the year 2029, with a Compound Annual Growth Rate (CAGR) of 6.0%.
Download Your Free Sample of the 2025 Gate Driver Integrated Circuit (IC) Market Report and Uncover Key Trends Now!The drivers in the gate driver integrated circuit (ic) market are:
• The need for increased power efficiency
• The rise of industrial automation
• The growth of renewable energy sources
• Rapid electrification and expansion of electric vehicles
The gate driver integrated circuit (IC) market covered in this report is segmented –
1) By Type: Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET), Insulated-Gate Bipolar Transistor (IGBT)
2) By Semiconductor Material: Silicon (Si), Silicon Carbide (SiC), Gallium Nitride (GaN)
3) By Mode Of Attachment: On-Chip, Discrete
4) By Isolation Technique: Magnetic Isolation, Capacitive Isolation, Optical Isolation
5) By Application: Residential, Industrial, Commercial
The trends in the gate driver integrated circuit (ic) market are:
• Renewable energy integration is a notable emerging trend.
• Advancements in power electronics are significantly shaping the future of the market.
• The trend of miniaturization and efficiency is gaining momentum.
• The proliferation of consumer electronics and technological advancements are influencing the market's future.
The major players in the gate driver integrated circuit (ic) market are:
• Mitsubishi Electric Corporation
• Broadcom Inc.
Asia-Pacific was the largest region in the gate driver integrated circuit (IC) market in 2023