Global Intelligent Power Module Market

Intelligent Power Modules (IPM) contain power switches (IGBT) and gate drivers in one module. It is an integrated power supply device with advanced protection that incorporates the digital intelligence provided by a microprocessor. The IPMs is improving the dependability of short circuit Rated IGBTs which is led by durable gate driver by ICs with shielding feature in durable transfer frame package this also reduces the assembly cost with simple assembly model. Factor like Self driving, Self-Protection capabilities of integrated power modules boosts the market growth. Rising focus on Renewable Power Sources and Minimizing Carbon Dioxide emissions are the key-driven factor of the global Intelligent Power Module Market. For Instance, According to the US Environmental protection agency, In 2014, 65% of carbon dioxide emitted by industrial processes and as per our world in Data Organization, in 2019, 11% of Global Primary energy come from renewable technology. Increased energy efficiency and compact design are expected to increase Intelligent power Module Market growth. However, the growth of the Intelligent Power Module Market is hindered by the difficulty in designing control structures coupled with the low adoption of technologies during the forecasting period.

Global Intelligent Power Module Market was valued at USD 1.4 Billion in 2019 and expected to grow with a CAGR of 9.6% and is estimated to reach 2.9 Billion in 2027

The regional analysis of the global Intelligent Power Module Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. APAC held the largest market share of the global intelligent power module, and the market presents high growth in the future as well with increasing per capita income of the middle-class population. Many economically advanced countries have their manufacturing units in Japan, China, India and Korea. Moreover, the region is a manufacturing hub of electronic products.

Key Players in Global Intelligent Power Module Market are Mitsubishi Electric Corp, Infineon Technologies AG, Fuji Electric Co. Ltd, Fairchild Semiconductors, Semikron, ROHM Semiconductor, Vincotech GmbH, Future Electronics Inc., ST Microelectronics N.V., Powerex Inc, ON Semiconductor Corporation

The detailed segments and sub-segment of the market are explained below:
By Voltage Rating: Up to 600V, 601V to 1200V, More than 1200V

By Current Type: Up to 100A, 101A-600A, More than 600A

By Circuit Configuration Type: 6- Pack, 7_ Pack, Phase Bridge, Dual

By Application type: Consumer Electronics, Automotive, Renewable energy, Other

By Power Device: IGBT (Insulated-gate bipolar transistor), MOSFET (metal-oxide semiconductor field effect transistor)

By Region: North America, Europe, Asia Pacific, Rest of the World

Furthermore, the  years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Intelligent Power Module Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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