Global Intelligent Power Module Market, By Voltage Rating (Up To 600 V, 601 V – 1200 V and Above 1200 V), Current Rating (Up To 100 A, 101 A – 600 A and Above 600 A), Circuit Configuration (6 – Pack, 7 – Pack, Phase Bridge, Dual and Others), Power Devices (Insulated-Gate Bipolar Transistor (IGBT), Metal Oxide Semiconductor Field Effect Transistor (MOSFET)), Industry Vertical (Consumer Electronics, Industrial, Information Communication and Technology (ICT), Automotive, Aerospace and Defense and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Intelligent Power Module Market
Growing focus towards generating power using renewable sources, rise in the adoption of electric vehicles especially in the developed economies, and increasing application of intelligent power modules by a wide range of end user verticals such as consumer electronics, industrial, information communication and technology (ICT), automotive, aerospace and defense and others are the major factors attributable to the growth of intelligent power module market. Data Bridge Market Research analyses that the intelligent power module market will exhibit a CAGR of 12.20% for the forecast period of 2021-2028.
An intelligent power module is a highly integrated and complex power module that is used to optimize the utilization or distribution of electric power in the data centres. The intelligent power modules are advanced hybrid power switch devices that provide a greater degree of reliability and offers temperature monitoring and voltage regulation.
Rising focus of the manufacturers on the adoption of energy efficient technologies will emerge as the major market growth driving factor. Growing infrastructural development especially in the emerging economies like India and China, surging utilization of intelligent power modules in the personal computing applications and rising research and development proficiencies will further aggravate the market value. Growing awareness pertaining to the conservation of energy and growth and expansion of consumer electronics industry especially in the emerging economies will further carve the way for the growth of the market.
However, technical challenges associated with next-generation intelligent power modules will act as a growth restraint for the market. Sluggish rate of adoption in the developing and underdeveloped economies will further dampen the growth rate of the market. Dearth of technical expertise and lack of awareness in the underdeveloped economies is another market growth restraint.
This intelligent power module market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on intelligent power module market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Intelligent Power Module Market Scope and Market Size
The intelligent power module market is segmented on the basis of voltage rating, current rating, circuit configuration, power devices and industry vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
The intelligent power module market on the basis of voltage rating has been segmented into up To 600 V, 601 V – 1200 V and above 1200 V.
- Based on current rating, the intelligent power module market has been segmented into up To 100 A, 101 A – 600 A and above 600 A.
- On the basis of circuit configuration, the intelligent power module market has been segmented into 6 – pack, 7 – pack, phase bridge, dual and others.
- On the basis of power devices, the intelligent power module market is segmented into insulated-gate bipolar transistor (IGBT), metal oxide semiconductor field effect transistor (MOSFET).
- On the basis of industry vertical, the intelligent power module market is segmented into consumer electronics, industrial, information communication and technology (ICT), automotive, aerospace and defense and others.
Intelligent Power Module Market Country Level Analysis
The intelligent power module market is analysed and market size, volume information is provided by country, voltage rating, current rating, circuit configuration, power devices and industry vertical as referenced above.
The countries covered in the intelligent power module market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region dominates the intelligent power module market and will continue to flourish its trend of dominance during the forecast period. This is because the growth and expansion of consumer electronics industry in this region. Asia-Pacific region is projected to undergo substantial during the forecast period owing to the rising awareness in regards to energy conservation.
The country section of the intelligent power module market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Intelligent Power Module Market Share Analysis
The intelligent power module market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to intelligent power module market.
The major players covered in the intelligent power module market report are Mitsubishi Electric Corporation, Semiconductor Components Industries, LLC, Infineon Technologies AG, Fuji Electric Co., Ltd., SEMIKRON, ROHM CO., LTD., Semiconductor Components Industries, LLC, SANKEN ELECTRIC CO.,LTD., STMicroelectronics, Raytheon Technologies Corporation, NXP Semiconductors., Renesas Electronics Corporation., Hangzhou Silan Microelectronics Co., Ltd., Eaton., Schneider Electric, Microelectronics, Siemon, Elcom International, NETRACK and PDU Experts UK among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.