What is Intelligent Power Modules Market Scope?
Intelligent power module is a MOSFET based power modules used for medium-and high-power applications with the help of hybrid integrations which includes high range of power electronics devices. This module permit the devices to features such as system protection function, system control function, and improve the systems overall performance. Growing focus of worldwide governments on generating power using renewable sources, rising adoption of electric vehicles globally, increasing use of IPMs to improve system reliability and performance, and surging utilization of IPMs in the personal computing applications owing to their compact design and increased energy efficiency are the key driving factors for the intelligent power module market.
Influencing Trend:
Increasing use of IPMs to Improve System Reliability and Performance
Market Growth Drivers:
Growing Focus of Worldwide Governments on Generating Power using Renewable Sources and Rising Adoption of Electric Vehicles Globally
Challenges:
Technical challenges associated with next-generation IPMs
Restraints:
Slower Adoption of New Technologies and Complex Designs of IPMs
Opportunities:
Increasing Demand for IPMs from Consumer Electronics Sector and Growing use of GaN and SiC Materials in Emerging Applications
The Intelligent Power Modules market study is being classified by Type (IGBT and MOSFET), by Application and major geographies with country level break-up.
Key players in the intelligent power module market are expected to introduce new products that meet the requirements of the contemporary industrial sector. Leading industry participants are releasing updated versions of intelligent power modules, which are anticipated to be employed in a number of applications Analysts at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Intelligent Power Modules market throughout the predicted period.
Infineon Technologies (Germany), ON Semiconductor (United States), Mitsubhishi Electric (Japan), Fuji Electric (Japan), Semikron (Germany), Toshiba (Japan), STMicroelectronics (Switzerland), Vishay Intertechnology (United States), Renesas Electronics (Japan), Microchip Technology (United States) and IXYS Corporation (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are ROHM Semiconductor (Japan) and Nexperia (Netherlands).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Intelligent Power Modules market by Type, Application and Region.
On the basis of geography, the market of Intelligent Power Modules has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In June 2020, Mitsubishi Electric Corporation announced that it will acquire buildings and land from Sharp Fukuyama Semiconductor Co., Ltd., a wholly owned subsidiary of Sharp Corporation located in Fukuyama, Hiroshima Prefecture, Japan. The acquired properties will serve as a new site where Mitsubishi Electric's Power Device Works will process wafers for the manufacture of power semiconductors. and In March 2020, GT Advanced Technologies (US) and ON Semiconductor announced their 5-year agreement for production and supply of silicon carbide material, valued at USD 50 million. With this agreement, GT Advanced Technologies will produce and supply its CrystX silicon carbide (SiC) material to ON Semiconductor, a global leader in driving energy efficient innovations, for use in high-growth markets and applications.
In December 2020, Infineon Technologies AG has launched a 1200 V transfer molded silicon carbide (SiC) integrated power module (IPM) and concludes the massive roll-out of SiC solutions for this year. The CIPOS Maxi IPM IM828 series is the industrys first in this voltage class. The series provides a compact inverter solution with an excellent thermal conduction and a wide range of switching speed for three-phase AC motors and permanent magnet motors in variable speed drive applications.
Key Target Audience
Intelligent Power Modules Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Intelligent Power Modules Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Intelligent Power Modules Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Intelligent Power Modules industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.