Intelligent Power Module (IPM) Market 2021-2026: Global Size, Share, Trends and Forecast Report

 According to the latest report by IMARC Group, titled Intelligent Power Module (IPM) Market Share: Global Industry,Size, Growth, Opportunity and Forecast 2021-2026,” The global intelligent power module (IPM) market reached a value of US$ 1.5 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 9.6% during 2021-2026.

An intelligent power module (IPM) is a high-performance module that is widely used to combine high-speed and low-loss insulated gate bipolar transistors (IGBTs), protection circuits as well as diode power devices with integrated gate drives in a single housing. It is highly integrated to optimize the distribution and utilization of electrical power across data centers. Its deployment aids in reducing the overall design and manufacturing costs while significantly improving reliability and system performance. It also provides enhanced temperature monitoring, voltage regulation and load distribution. Consequently, it is widely used across numerous industries for diverse application segments, including elevators, consumer electronics, servo drives, inverters, and heating, ventilation, and air-conditioning (HVAC).

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Intelligent Power Module (IPM) Market Trends:

The market is primarily driven by the increasing demand for energy-efficient consumer electronics across the globe. This can be accredited to the rising environmental consciousness among the masses and their inflating disposable incomes, along with the penetration of high-speed internet connectivity. The increasing digitization across numerous industry verticals is providing a further thrust to their uptake. Since these devices are extensively integrated with IPM for improving their overall performance, this is providing an impetus to the market growth. There has also been a considerable rise in the demand for renewable energy resources on account of the enhanced focus on sustainable development.

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Global Intelligent Power Module Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Fuji Electric Co. Ltd., Future Electronics Inc., Infineon Technologies AG, Mitsubishi Electric Corporation, ON Semiconductor Corporation, ROHM Co. Ltd, Sanken Electric Co. Ltd, SEMIKRON Elektronik GmbH & Co. KG, STMicroelectronics N.V. and Texas Instruments Incorporated.

The report has segmented the market on the basis on region, voltage rating, current rating, circuit configuration, power device and application.

Breakup by Voltage Rating:

Upto 600V
601V-1200V
More than 1200V

Breakup by Current Rating:

Upto 100A
101A-600A
Above 600A

Breakup by Circuit Configuration:

6-PAC
7-PAC
Others

Breakup by Power Device:

IGBT
MOSFET

Breakup by Application:

Consumer Electronics
Servo Drives
Transportation
Renewable Energy
Others

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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