1 / 7

Intelligent Power Module Market Size, Trends, Forecast 2027

[207 Pages Report] The global intelligent power module market size is anticipated to grow from USD 1.8 billion in 2022 to USD 3.0 billion by 2027, at a CAGR of 10.7% from 2022 to 2027.

ctom7000
Download Presentation

Intelligent Power Module Market Size, Trends, Forecast 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. MarketsandMarkets Presents Intelligent Power Module Market Size, Trends, Forecast 2027 Intelligent Power Module Market by Voltage Rating (Up to 600 V, 601-1,200 V, Above 1,200 V), Current Rating, Circuit Configuration (6-Pack, 7-Pack), Power Devices (IGBT, MOSFET), Vertical, Region (North America, Europe, APAC, RoW) - Global Forecast to 2027 https://www.marketsandmarkets.com/Market-Reports/intelligent-power-module-market-93744487.html

  2. [207 Pages Report] The global intelligent power module market size is anticipated to grow from USD 1.8 billion in 2022 to USD 3.0 billion by 2027, at a CAGR of 10.7% from 2022 to 2027. Rising requirements for power generation through renewable sources, focus of OEMs on providing novel and efficient energy and power monitoring modules as well as surging demand for IPMs in industrial, automotive and consumer electronics vertical are some of the major factors propelling the growth of intelligent power module market. Browse 183 market data Tables and 52 Figures spread through 207 Pages and in-depth TOC on "Intelligent Power Module Market by Voltage Rating (Up to 600 V, 601-1,200 V, Above 1,200 V), Current Rating, Circuit Configuration (6-Pack, 7-Pack), Power Devices (IGBT, MOSFET), Vertical, Region (North America, Europe, APAC, RoW) - Global Forecast to 2027"

  3. The intelligent power module market in Asia Pacific to grow at the highest CAGR during the forecast period Asia Pacific is expected to be the largest contributor to intelligent power module market during the forecast period. Rapid industrialization and infrastructure developments are driving the growth of consumer electronics and automotive industries in China that is expected to increase the demand for intelligent power modules in the country. Additionally, there has been observed a growing number of industrial activities due to growing focus of governments on generating power through renewable sources. This ia also expected to provide opportunity for market. Thus, the surging demand for consumer electronics and automotive due to EVs and HEVs as well as other industrial activities in the region will drive huge demand for intelligent power module market in Asia Pacific. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=93744487 Key Market Players The intelligent power module market’s players have implemented various types of organic as well as inorganic growth strategies, such as product launches, product developments, partnerships, and acquisitions to strengthen their offerings in the market. The major players in the market are Mitsubishi Electric (Japan), ON Semiconductor(US), Infineon Technologies(Germany), Fuji Electric(Japan), and Semikron (Germany) among others.

  4. Upto 600 V segment is expected to have the largest size of the intelligent power module market in 2021 The market for the up to 600 V segment held the largest share of the overall market in 2021. IPMs with voltage ratings up to 600 V exhibit various features, such as reduced time to market, increased reliability, and reduced system cost and space. IPMs with a voltage rating of up to 600 V comprise rugged and efficient high-voltage MOSFETs and IGBTs specifically optimized for variable frequency drives. These IPMs are widely used in consumer electronics. They provide a compact design and high performance for AC motor drives. IPMs using 600 V IGBTs are used in industrial applications such as driving fans, pumps, and compressors. All these features are expected to surge demand for the said segment in intelligent power module market. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=93744487 The market for consumer electronics vertical is expected to grow at a higher CAGR during the forecast period The consumer electronics segment is projected to grow at a higher CAGR of the intelligent power module market during the forecast period. The growing use of consumer electronic devices, such as smartphones, tablets, and smart wearables, is expected to drive the demand for power electronics devices in power management applications. The increasing adoption of power electronics in home appliances is also expected to boost the growth of the consumer electronics segment. Manufacturers of consumer electronics are shifting from fixed-speed drives to inverter-based motor controls. Inverter-based control can adjust the speed and torque of the motor instead of just turning the motor on and off the way fixed-speed drives do.

  5. Opportunity: Growing adoption of GaN and SiC materials in automobile and power semiconductor applications The emergence of wide band gap materials, such as GaN and SiC, has changed the landscape of the power electronics market. These new semiconductor materials offer better thermal conductivity and higher switching speeds and are smaller than traditional silicon (Si) ones. The use of SiC and GaN has resulted in improvements in existing semiconductor technologies, such as MOSFETs and isolated gate bipolar transistors (IGBTs). These materials can be used for a wide range of applications. The fastest-growing applications of SiC include electric vehicles (EVs) and EV charging, where SiC plays a vital role in fast chargers and charging stations. While driving an EV, the electronics system is designed to support the complete load of the vehicle’s power capability, which is achievable with SiC-based designs. They are also used in EV inverters, increasing the system’s efficiency by up to 80%. The major advantage of SiC is its drastic efficiency increase. Besides its nearly immediate adoption in energy-oriented industries, such as EVs and solar energy, SiC increases the efficiency of electronics across industries and helps reduce carbon footprint worldwide. Several prominent players, such as ON Semiconductors (US) and Infineon (Germany), are tapping into the market. SiC finds applications in photovoltaics, UPS, motor drives, and power supply Challenge: Designing and operational challenges related to next-generation intelligent power modules (IPMs) The new generation of IPMs enables continuous monitoring of several important module parameters. With the help of supporting software, IPMs generate a significant amount of data. Utilizing the data efficiently is a significant engineering challenge. Moreover, an increase in processing power is required to efficiently use the data generated by IPMs. Design challenges related to electromagnetic interference (EMI) increase with the rise in switching frequency. Thus, IPMs operating at high switching frequencies may be more compact but create more design complexities. These technical challenges need to be addressed for further development of the IPM market.

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  7. Contact Us Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 For More Info: https://www.marketsandmarkets.com/PressReleases/intelligent-power-module.asp

More Related