Intelligent Power Module Market Overview
Surge within the adoption of IPMs electronics field of power physics is a major driving factor behind the expansion of market. Growing reliability through improved level of monitoring, rapid growth of electrical vehicles market, current developments in power infrastructure and therefore the increasing awareness towards mistreatment renewable power sources, rising demand of IPMs in consumer electronics products like air conditioners, refrigerators, et al and increasing evolutions in IGBT chips are expected to boost growth of market throughout the forecast period. IPM provides some advantages such as improved systems performance, high energy potency, increased power density, increased system ruggedness and high reliability, that square measure ultimately propulsive the expansion of market.
Design –related complexities connected with sic –based IPMs and lack of knowledge and less adoption of recent technologies are restraining key factors of the intelligent power module market.
Report Metric | Details |
Market size available for years | 2023–2030 |
Base year considered | 2023 |
Forecast period | 2024–2030 |
Forecast unit | Value (USD Million) |
Segments covered | Voltage Rating, Current Rating, Application, and Region |
Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
Companies covered | ON Semiconductor Corporation, Powerex Inc., STMicroelectronics, Future Electronics Inc., Vincotech GmbH, ROHM Semiconductor (ROHM Co. Ltd.), Semikron, Fairchild Semiconductors International Inc., Fuji Electric Co. Ltd., Infineon Technologies AG, Mitsubishi Electric Corp. |
The covid-19 Impact on Intelligent Power Module Market:
Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
Intelligent Power Module Market Segment Overview
By Voltage Rating, The voltage rating of a cable is that the highest amount of voltage is incessantly applied to a completed cable construction in compliance with the relevant cable commonplace or specification. To put it simply, the maximum voltage of a cable will remain stable throughout the operation. Intelligent power modules can be applied on cables that give a 601 V – 1200 V rating. They will even be deployed on cables that have up to 600 V and cables with 1200 V moreover.
By Current Rating, Current ratings visit the utmost current a fuse can carry for an indefinite period while not an excessive amount of determination of the fuse element. Intelligent power modules can be integrated on the 101 A – 600 A rating. They will also be implemented on circuits that have up to 100 A and higher than 600 A moreover.
By Application, The rising trend of electrical and hybrid cars within the automotive industry invitations an application for intelligent power modules. They can be implemented electric circuit vehicle’s circuit to derive bigger performance from the data IGBT chip.
Market Analysis, Insights and Forecast – By Voltage Rating
· 601 V – 1200 V
· Up to 600V
· Above 1200 V
· Others
Market Analysis, Insights and Forecast – By Current Rating
· 101 A – 600A
· Up to 100 A
· Above 600 A
· Others
Market Analysis, Insights and Forecast – By Application
· Renewable Energy
· Automotive
· Consumer Electronic
· Others
Intelligent Power Module Market Regional Overview
Region-wise, in terms of regions, APAC holds the most important market share of the worldwide intelligent module, and therefore the market presents high growth in the future in addition to increasing per capita a financial gain of the bourgeois population. Several economically advanced countries have their manufacturing units in Japan, China, India, and Korea. Moreover, the region could be a manufacturing hub of electronic merchandise.
Intelligent Power Module Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Intelligent Power Module Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Intelligent Power Module are highlighted below.
· In 2023, ON Semiconductor Corporation acquired the Quantenna Communications, Inc. thus resulting that on semiconductor entered into automotive and industrial low-power connectivity market.
Intelligent Power Module Market, Key Players
· ON Semiconductor Corporation
· Powerex Inc.
· STMicroelectronics
· Future Electronics Inc.
· Vincotech GmbH
· ROHM Semiconductor (ROHM Co. Ltd.)
· Semikron
· Fairchild Semiconductors International Inc.
· Fuji Electric Co. Ltd.
· Infineon Technologies AG
· Mitsubishi Electric Corp.
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Intelligent Power Module market during the forecast period?
Intelligent Power Module market is expected to record a CAGR of ~9.30% during the forecast period.
Q2. Which segment is projected to hold the largest share in the Intelligent Power Module Market?
Automotive segment is projected to hold the largest share in the Intelligent Power Module Market.
Q3. What are the driving factors for the Intelligent Power Module market?
Rising demand for electric vehicles, Developments in power infrastructure, increasing awareness towards mistreatment for renewable power source, rising demand for IPMs in consumer electronics products are expected to boost growth of market throughout the forecast period.
Q4. Which Segments are covered in the Intelligent Power Module market report?
Voltage Rating, Current Rating, Application, and Region, these segments are covered in the Intelligent Power Module market report.
Q5. Which are the prominent players offering Intelligent Power Module?
ON Semiconductor Corporation, Powerex Inc., STMicroelectronics, Future Electronics Inc., Vincotech GmbH, ROHM Semiconductor (ROHM Co. Ltd.), Semikron, Fairchild Semiconductors International Inc., Fuji Electric Co. Ltd., Infineon Technologies AG, Mitsubishi Electric Corp.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Intelligent Power Module Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Voltage Rating
- 5.2.1. 601 V – 1200 V
- 5.2.2. Up to 600V
- 5.2.3. Above 1200 V
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast – By Current Rating
- 5.3.1. 101 A – 600A
- 5.3.2. Up to 100 A
- 5.3.3. Above 600 A
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Renewable Energy
- 5.4.2. Automotive
- 5.4.3. Consumer Electronic
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East, and Africa
6. North America Intelligent Power Module Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Voltage Rating
- 6.2.1. 601 V – 1200 V
- 6.2.2. Up to 600V
- 6.2.3. Above 1200 V
- 6.2.4. Others
- 6.3. Market Analysis, Insights and Forecast – By Current Rating
- 6.3.1. 101 A – 600A
- 6.3.2. Up to 100 A
- 6.3.3. Above 600 A
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Renewable Energy
- 6.4.2. Automotive
- 6.4.3. Consumer Electronic
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Intelligent Power Module Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Voltage Rating
- 7.2.1. 601 V – 1200 V
- 7.2.2. Up to 600V
- 7.2.3. Above 1200 V
- 7.2.4. Others
- 7.3. Market Analysis, Insights and Forecast – By Current Rating
- 7.3.1. 101 A – 600A
- 7.3.2. Up to 100 A
- 7.3.3. Above 600 A
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Renewable Energy
- 7.4.2. Automotive
- 7.4.3. Consumer Electronic
- 7.4.4. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Intelligent Power Module Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Voltage Rating
- 8.2.1. 601 V – 1200 V
- 8.2.2. Up to 600V
- 8.2.3. Above 1200 V
- 8.2.4. Others
- 8.3. Market Analysis, Insights and Forecast – By Current Rating
- 8.3.1. 101 A – 600A
- 8.3.2. Up to 100 A
- 8.3.3. Above 600 A
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Renewable Energy
- 8.4.2. Automotive
- 8.4.3. Consumer Electronic
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Intelligent Power Module Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Voltage Rating
- 9.2.1. 601 V – 1200 V
- 9.2.2. Up to 600V
- 9.2.3. Above 1200 V
- 9.2.4. Others
- 9.3. Market Analysis, Insights and Forecast – By Current Rating
- 9.3.1. 101 A – 600A
- 9.3.2. Up to 100 A
- 9.3.3. Above 600 A
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Renewable Energy
- 9.4.2. Automotive
- 9.4.3. Consumer Electronic
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. ON Semiconductor Corporation
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Powerex Inc.
- 10.6. STMicroelectronics
- 10.7. Future Electronics Inc.
- 10.8. Vincotech GmbH
- 10.9. ROHM Semiconductor (ROHM Co. Ltd.)
- 10.10. Semikron
- 10.11. Fairchild Semiconductors International Inc.
- 10.12. Fuji Electric Co. Ltd.
- 10.13. Infineon Technologies AG
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model