Gate Driver IC Market Report by Transistor Type (MOSFET, IGBT), Semiconductor Material (Si, SiC, GaN), Mode of Attachment (On-Chip, Discrete), Isolation Technique (Magnetic Isolation, Capacitive Isolation, Optical Isolation), Application (Residential, Industrial, Commercial), and Region 2024-2032

Gate Driver IC Market Report by Transistor Type (MOSFET, IGBT), Semiconductor Material (Si, SiC, GaN), Mode of Attachment (On-Chip, Discrete), Isolation Technique (Magnetic Isolation, Capacitive Isolation, Optical Isolation), Application (Residential, Industrial, Commercial), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5756
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Market Overview:

The global gate driver IC market size reached US$ 1.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032. The rising demand for energy-efficient power electronics, particularly in industries such as automotive and renewable energy, the increasing adoption of electric vehicles, the growing focus on renewable energy sources, significant advancements in semiconductor technology, and the need for improved system reliability are propelling the market.

Report Attribute
Key Statistics
Base Year
2023 
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 US$ 1.5 Billion
Market Forecast in 2032 US$ 2.4 Billion
Market Growth Rate 2024-2032 5.2%


Gate driver ICs play a crucial role in power electronic systems, providing the necessary signals to control the switching of power devices, such as insulated gate bipolar transistors (IGBTs) and metal-oxide-semiconductor field-effect transistors (MOSFETs). These compact integrated circuits offer advantages to electronic systems. By ensuring precise and efficient control of power devices, gate driver ICs enhance system reliability, reducing the risk of failure and damage. They also contribute to the overall energy efficiency of power electronics, leading to lower power consumption and reduced environmental impact. Gate driver ICs come in various types, including high-side, low-side, half-bridge, and full-bridge configurations, allowing for flexibility in different applications. They are widely used in industries such as automotive, renewable energy, and industrial automation.

Gate Driver IC Market

The global gate driver IC market is propelled by the increasing product adoption in various industries, such as automotive, industrial, and consumer electronics. Gate driver ICs play a crucial role in enhancing the efficiency and performance of power devices, thus driving their demand. Moreover, the rising need for energy-efficient solutions and the growing emphasis on renewable energy sources are boosting the market growth. Apart from this, the escalating deployment of electric and hybrid vehicles (E/HVs) is propelling the demand for gate driver ICs in the automotive sector, which, in turn, is supporting the market growth. Additionally, the rapid expansion of the Internet of Things (IoT) and the integration of advanced technologies in smart devices are creating lucrative opportunities for the market. Moreover, the need for compact and lightweight electronic devices is driving the demand for gate driver ICs with smaller form factors and higher power density, which is strengthening the market growth.

Gate Driver IC Market Trends/Drivers:

Increasing product adoption in various industries

The global gate driver IC market is witnessing significant growth due to the increasing adoption of gate driver ICs across various industries. Gate driver ICs play a crucial role in enhancing the efficiency and performance of power devices such as MOSFETs and IGBTs. In industries such as automotive, industrial, and consumer electronics, gate driver ICs are extensively used to control and drive power devices in motor drives, inverters, and power supplies. The ability of gate driver ICs to provide precise and reliable switching signals to power devices makes them essential components in these industries, driving their demand and contributing to the growth of the global market.

Rising demand for energy-efficient solutions

Gate driver ICs enable efficient power conversion by ensuring optimal switching of power devices. With the increasing adoption of energy-efficient solutions across industries, gate driver ICs are in high demand. They help reduce power losses, improve power conversion efficiency, and enhance overall system performance. In applications such as solar inverters, wind turbines, and electric vehicle charging stations, gate driver ICs play a critical role in converting and managing power effectively. As the demand for energy-efficient solutions continues to rise, the market for gate driver ICs is expected to witness significant growth.

Growing EV market

The rapid expansion of the EV segment is a major driver for the gate driver IC market. E/HVs require sophisticated power electronics systems to control and drive their electric motors efficiently. Gate driver ICs are integral components in these systems, providing the necessary signals to control the switching of power devices in motor drives and inverters. The increasing adoption of electric vehicles globally, driven by environmental concerns and government regulations, is fueling the demand for gate driver ICs. Moreover, advancements in EV technology, such as high-voltage battery systems and fast-charging capabilities, require advanced gate driver ICs with high voltage isolation, enhanced thermal management, and superior switching performance, which, in turn, is contributing to the market growth.

Gate Driver IC Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global gate driver IC market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on transistor type, semiconductor material, mode of attachment, isolation technique and application.

Breakup by Transistor Type:

Gate Driver IC Market

  • MOSFET
  • IGBT


MOSFET dominates the market

The report has provided a detailed breakup and analysis of the market based on the transistor type. This includes MOSFET and IGBT. According to the report, MOSFET represented the largest segment.

The MOSFET segment is leading the gate driver IC market due to the growing awareness regarding the multiple product advantages, such as high switching speeds, low on-resistance, and excellent power handling capabilities, making them suitable for various applications. Moreover, the surging adoption of MOSFETs in power electronics applications, including motor drives, power supplies, and renewable energy systems, fuels the need for corresponding gate driver ICs. Besides this, MOSFET-based solutions are increasingly preferred in electric vehicles and hybrid electric vehicles due to their efficiency and compactness, thereby driving the demand for MOSFET gate driver ICs. Additionally, advancements in MOSFET technology, such as the development of silicon carbide (SiC) and gallium nitride (GaN) MOSFETs, further contribute to the market dominance of this segment.

Breakup by Semiconductor Material:

  • Si
  • SiC
  • GaN


Si holds the largest share in the market

A detailed breakup and analysis of the market based on the semiconductor material has also been provided in the report. This includes Si, SiC, and GaN. According to the report, Si accounted for the largest market share.

The Si (Silicon) segment is leading the gate driver IC market due to several key drivers as the product offers heavy cost advantages compared to other semiconductor materials, making them a popular choice among manufacturers. Besides this, silicon-based gate driver ICs exhibit excellent thermal conductivity, allowing for efficient heat dissipation and improved reliability. Additionally, silicon technology has a well-established manufacturing infrastructure, enabling mass production and availability of silicon-based gate driver ICs in the market. Apart from this, the proven track record of performance and reliability, instilling confidence among end-users, is contributing to their dominant market position.

Breakup by Mode of Attachment:

  • On-Chip
  • Discrete


Discrete holds the largest share in the market

A detailed breakup and analysis of the market based on the mode of attachment has also been provided in the report. This includes on-chip and discrete. According to the report, discrete accounted for the largest market share.

The discrete segment is leading the gate driver IC market due to the surging demand for customization and flexibility in power electronics systems. Moreover, discrete gate driver ICs provide higher power density and efficiency compared to integrated gate driver ICs, making them suitable for high-power applications. Apart from this, the availability of a wide range of product offerings, including high-voltage and high-current options, enabling their usage in diverse industries, such as automotive, industrial, and renewable energy, is supporting the segment growth. Furthermore, the discrete segment provides cost advantages, as it allows for the selection and integration of power devices and gate driver ICs based on specific performance and cost considerations, thus driving its market leadership.

Breakup by Isolation Technique:

  • Magnetic Isolation
  • Capacitive Isolation
  • Optical Isolation


Optical isolation dominates the market

A detailed breakup and analysis of the market based on the isolation technique has also been provided in the report. This includes magnetic isolation, capacitive isolation, and optical isolation. According to the report, optical isolation accounted for the largest market share.

The chemicals and petroleum industry heavily relies on efficient power distribution systems for their operations. Gate driver ICs play a crucial role in transmitting electricity to various equipment, such as pumps, motors, and control systems, ensuring uninterrupted power supply for critical processes. Additionally, the industry often deals with hazardous and flammable materials, making electrical safety a top priority. Gate driver ICs offer enhanced safety features, including fault current limiting and arc flash protection, reducing the risk of electrical accidents. The chemicals and petroleum industry's demand for gate driver ICs is driven by the need for reliable and safe power distribution in highly demanding and sensitive environments.

Breakup by Application:

  • Residential
  • Industrial
  • Commercial


A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes residential, industrial, and commercial. 

The increasing demand for smart home automation systems in residential applications in mainly driving the market growth. Gate driver ICs play a crucial role in controlling power devices in smart appliances, lighting systems, and home energy management systems, enhancing energy efficiency and improving overall system performance. Moreover, the increasing installation of rooftop solar panels in residential buildings is driving the demand for gate driver ICs in solar inverters, enabling efficient power conversion and maximizing energy generation. The industrial sector, focusing on energy efficiency and automation, also witnesses a surge in the application of gate driver ICs in motor drives, industrial automation systems, power supplies, and inverters, resulting in improved performance and energy savings. Commercial usage of gate driver ICs in LED control, HVAC and building automation systems, and EV charging infrastructure, has significantly grown due to the mounting need for energy optimisation and smart control.

Breakup by Region:

Gate Driver IC Market

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa


Asia Pacific exhibits a clear dominance, accounting for the largest gate driver IC market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represented the largest market.

Asia Pacific is leading the gate driver IC market due to several key drivers. The region has emerged as a manufacturing hub for various industries, including automotive, industrial, and consumer electronics. The presence of a large number of OEMs (original equipment manufacturers) and ODMs (original design manufacturers) in countries, such as China, Japan, South Korea, and Taiwan, has significantly contributed to the growth of the gate driver IC market in the region. These manufacturers require gate driver ICs for applications such as motor drives, inverters, and power supplies, thereby driving the market demand.

Additionally, Asia Pacific is witnessing rapid industrialization and urbanization, leading to increased infrastructure development and the establishment of manufacturing facilities. This has resulted in a surge in demand for gate driver ICs in industries such as power generation, transportation, and consumer electronics. Furthermore, the growing adoption of EVs in Asia Pacific is a significant driver for gate driver ICs in motor drives and power electronics systems.

Competitive Landscape:

The competitive landscape of the global gate driver IC market is characterized by intense competition among key players. Several major semiconductor companies are actively engaged in the development and production of gate driver ICs, striving to gain a competitive edge. These companies focus on product innovation, technological advancements, and strategic collaborations to expand their market presence. Furthermore, mergers and acquisitions play a significant role in shaping the competitive landscape, enabling companies to strengthen their product portfolios and enhance their market share.

Additionally, the market is witnessing the entry of new players, especially in emerging economies, further intensifying the competition. Key market players are also investing in research and development activities to engineer advanced gate driver ICs with features like high voltage isolation, improved thermal management, and enhanced switching performance.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • Hitachi Power Semiconductor Device Ltd. (Hitachi Ltd.)
  • Infineon Technologies AG
  • Microchip Technology Inc.
  • Mouser Electronics (TTI Inc., Berkshire Hathaway Inc.)
  • NXP Semiconductors N.V.
  • Onsemi
  • Renesas Electronics Corporation
  • Rohm Semiconductor
  • Semtech Corporation
  • STMicroelectronics
  • Texas Instruments Incorporated
  • Toshiba Corporation.

Recent Developments:

  • In July 2023, Rohm co announced to invest 100 billion yen ($722.33 million) in Toshiba buyout group.
  • In July 2023, Renesas announced to launch an automotive gateway development board, the R-Car S4 starter kit. The board uses the R-Car S4 system-on-chip (SoC) for high computing performance and an array of communication features for both safe vehicle control and cloud communication.
  • In February 2023, Semtech and TTI announced to launch cellular IoT and hybrid LoRaWAN solutions.

Gate Driver IC Market Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
  • Transistor Type
  • Semiconductor Material
  • Mode Of Attachment
  • Isolation Technique
  • Application
  • Region
Transistor Types Covered MOSFET, IGBT
Semiconductor Materials Covered Si, SiC, GaN
Mode of Attachments Covered On-Chip, Discrete
Isolation Techniques Covered Magnetic Isolation, Capacitive Isolation, Optical Isolation
Applications Covered Residential, Industrial, Commercial
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Hitachi Power Semiconductor Device Ltd. (Hitachi Ltd.), Infineon Technologies AG, Microchip Technology Inc., Mouser Electronics (TTI Inc., Berkshire Hathaway Inc.), NXP Semiconductors N.V., Onsemi, Renesas Electronics Corporation, Rohm Semiconductor, Semtech Corporation, STMicroelectronics, Texas Instruments Incorporated, Toshiba Corporation etc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global gate driver IC market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global gate driver IC market?
  • What is the impact of each driver, restraint, and opportunity on the global gate driver IC market?
  • What are the key regional markets?
  • Which countries represent the most attractive gate driver IC market?
  • What is the breakup of the market based on the transistor type?
  • Which is the most attractive transistor type in the gate driver IC market?
  • What is the breakup of the market based on semiconductor material?
  • Which is the most attractive semiconductor material in the gate driver IC market?
  • What is the breakup of the market based on mode of attachment?
  • Which is the most attractive mode of attachment in the gate driver IC market?
  • What is the breakup of the market based on isolation technique?
  • Which is the most attractive isolation technique in the gate driver IC market?
  • What is the breakup of the market based on application?
  • Which is the most attractive application in the gate driver IC market?
  • What is the competitive structure of the global gate driver IC market?
  • Who are the key players/companies in the global gate driver IC market?

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the gate driver IC market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global gate driver IC market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the gate driver IC industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
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Gate Driver IC Market Report by Transistor Type (MOSFET, IGBT), Semiconductor Material (Si, SiC, GaN), Mode of Attachment (On-Chip, Discrete), Isolation Technique (Magnetic Isolation, Capacitive Isolation, Optical Isolation), Application (Residential, Industrial, Commercial), and Region 2024-2032
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