Policy changes can have a profound effect on the demand for IGBT modules. For instance, governments worldwide have adopted renewable energy targets, spurring the growth of the solar and wind energy sectors. These sectors heavily rely on IGBT modules for power conversion, making them a key market for IGBT module manufacturers. As countries implement stricter emission standards and increase their renewable energy capacity, the demand for IGBT modules is expected to rise, providing a lucrative opportunity for manufacturers to expand their production capabilities and invest in research and development.
