Global Intelligent Power Module Market is Expected to Reach $2.81 billion by 2023

Report Sellers has added a new market research report “Intelligent Power Module - Global Market Outlook (2017-23)” to its offerings.

According to Report, the Global Intelligent Power Module (IPM) Market accounted for $1.44 billion in 2016 and is expected to reach $2.81 billion by 2023 growing at a CAGR of 9.9% during the forecast period. Due to growing environmental concerns, electric vehicles are gaining pace, which uses IPMs extensively. Technological advancements in IPM models with improved features assist in strong competition among market players, which in turn provides the stage for R&D opportunities. The growing interest towards renewable power resources like solar and wind energy, which widely use IPMs in their power generation units are also fueling the market. However, technical issues due to power modules with SiC-bases may hinder the market growth.

IPMs offer design engineers an integrated compact solution to solve their challenges coupled with energy efficiency, particularly in consumer electronics segment. Hence, IPMs are observed to have more penetration in the segment. The growth of the renewable energy segment and electric vehicle market is also anticipated to promote the growth of IPM market. Moreover, the market is anticipated to experience an increased used of SiC-based IPMs with increased current ratings and switching frequencies along with a move towards digital monitoring and control of the devices.

By geography, Asia Pacific commanded largest market share and will continue its dominance during the forecast period owing growing demand for power and infrastructure and the growth of the economy. Another major factor that drives the markets growth is increasing urbanization in countries such as China and India.

Some of the key players in the market include Fairchild Semiconductor International, Inc., 
Fuji Electric Co., Ltd., Future Electronics Inc., Infineon Technologies AG, Mitsubishi Electric Corp., ON Semiconductor Corporation, Powerex Inc., ROHM Co., Ltd., Sanken Electric Co., Ltd., Semikron, Stmicroelectronics N.V. and Vincotech GmbH.

Browse through the complete description and in-depth TOC on “Global Intelligent Power Module Market”
https://www.reportsellers.com/market-research-report/Intelligent-Power-Module-IPM---Global-Market-Outlook-2017-2023

What does the Report Offers

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players 
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments

 
Report Scope

Global Intelligent Power Module Market has been segmented by power devices covered, current ratings covered, voltage ratings covered and regions covered

Power Devices Covered: 
Mosfet 
IGBT (Insulated-gate bipolar transistor) 

Current Ratings Covered: 
Above 600 A 
101600 A 
Up to 100 A 

Voltage Ratings Covered: 
Above 1,200 V 
1,200 V 
Up to 600 V 

Verticals Covered: 
Industrial 
Renewable Energy 
Servo Drives 
Transportation 
UPS 
Other Industrial Verticals 
Consumer 
Refrigerators 
Air Conditioners 
Washing Machines 
Other Consumer Verticals 

Circuit Configurations Covered: 
7-Pac 
6-Pac 
3 Phase Bridge 
Dual 
Other Configuratons (H-Bridge, H-Bridge + 1 Chopper, H-Bridge + 2 Choppers) 

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan 
China 
India 
Australia 
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

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