Intelligent Power Module Market: size was US$ 2.15 Bn. in 2021 and is expected to reach US$ 4.23 Bn. by 2029, at a CAGR of 8.81% during the forecast period.
Intelligent Power Module Market Overview:
The purpose of this report is to provide a thorough examination of the Intelligent Power Module Market by segments and geographics. The study goes into great detail on the primary factors influencing the Intelligent Power Module market’s growth. The study also offers a comprehensive analysis of the market’s value chain. An intelligent power module (IPMs) is an advanced hybrid power switch device which involves control, logic, protection, and detection circuits for ease of use. IPMs are used to reduce development time, systems size, and improve systems reliability. IPMs can provide control supply over-temperature, under-voltage, short-circuit protection and over-current.
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Market Scope:
The “Global Intelligent Power Module Market Analysis” is a detailed investigation of the Intelligent Power Module market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Intelligent Power Module market as well as detailed market segmentation by application, end-use, and geography. The Intelligent Power Module market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the leading Intelligent Power Module players, as well as noteworthy industry trends and opportunities.
The research method used to assess and anticipate the Intelligent Power Module market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Intelligent Power Module market was calculated using the revenue of significant enterprises.
Segmentation:
Intelligent Power Module Market, by Current Rating
• Up to 100 A
• 101-600 A
• Above 600 A
According to the present assessment, the A sector up to 100 is expected to experience rapid growth with a CAGR of xx% throughout the forecast year. The market is expanding as a result of the increasing use of IPMs with 100 A current ratings in nearly all consumer electronics items. During the projected period, market growth is anticipated to be enhanced by rising demand for IPMs with current ratings of up to 100 A in low-power industrial applications such as transportation, renewable energy, servo motors, and power electronics applications.
Intelligent Power Module Market, by Voltage Rating
• Up to 100 V
• 601-1,200 V
• Above 1,200 V
Intelligent Power Module Market, by Power Device
• IGBT
• MOSFET
According to power device, the IGBT segment is anticipated to grow quickly at a CAGR of xx%. The market is expanding as a result of IPMs’ increasing use of IGBT chips to continually monitor power device current. Compared to MOSFET, IGBT has recently overtaken it as the most significant power technology in the power electronics industry. Benefits including low loss, over temperature protection, under voltage protection, and superior current sensing capabilities offered by IGBT-based IPMs are ultimately driving the market’s expansion.
Intelligent Power Module Market, by Industry
• Consumer
o Air Conditioner
o Washing Machine
o Refrigerators
o Others
• Industrial
o Servo Drives
o Transportation
o UPS
o Renewable Energy
o Others
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Key Players:
The major players covered in the Intelligent Power Module market report are
• STMicroelectronics
• ROHM Semiconductors
• Infineon Technologies
• Texas Instruments Incorporated
• Mitsubishi Electric Corporation
• ON Semiconductor
• Fuji Electric Co. Ltd
• Hon Hai Precision Industry Co., Ltd
• Sanken Electric Co. Ltd
• Future Electronics Inc.
• SEMIKRON Elektronik GmbH & Co. KG
• Powerex Inc.
• Vincotech GmbH
• Fairchild Semiconductors International Inc.
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Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Intelligent Power Module Market:
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Intelligent Power Module market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Intelligent Power Module industry,
Key Questions Answered in the Intelligent Power Module Market Report are:
- Which segment grabbed the largest share in the Intelligent Power Module market?
- What was the competitive scenario of the Intelligent Power Module market in 2021?
- Which are the key factors responsible for the Intelligent Power Module market growth?
- Which region held the maximum share in the Intelligent Power Module market in 2021?
