The Intelligent Power Module Market report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Intelligent Power Module market. It provides a comprehensive evaluation of the global Intelligent Power Module market from various perspectives to deliver a detailed, informative, and precise analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments that influence the global Intelligent Power Module market. It also focuses on both the global as well as the regional expansion of the Intelligent Power Module industry to give an overall analysis.
The global Intelligent power module market is expected to reach a market size of USD 3.78 Billion at a CAGR of 11.7% during the forecast period, according to the latest analysis by Emergen Research. This consistent growth in the revenue can be attributed to increasing adoption and research and development of electric and hybrid vehicles all around the world. The focus of major economies in the world to upgrade their power infrastructure is also a major factor in the growth of the market. Moreover, increased government funding in solar, wind and tidal projects further adds fuel to the market growth. Setting up of various new industries and expansion of already existing industries all around the world require electronic devices and equipment. This further adds to the development of the market.
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The complete regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Competitive Landscape:
The latest report encases an in-depth summary of the intensely competitive landscape of the global Synthetic Food market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.
Major companies operating in Intelligent power module are Mitsubishi Electric Corporation, STMicroelectronics NV, ROHM Semiconductors, (Germany), Sanken Electric Co. Ltd, Texas Instruments Incorporated, ON Semiconductor, Fuji Electric Co. Ltd, Hon Hai Precision Industry Co., Ltd, Infineon Technologies, Central Semiconductor.
Key Highlights from the Report
- In December 2020, the 1200V transfer molded silicon carbide (SIC) integrated power module was launched by Infineon Technologies AG. This has application in industrial motor drives and pump drives.
- In April 2018, ACEPACK1 and ACEPACK 2 was launched by STMicroelectronics NV. These products were launched for the application in welding tools, solar panels and power management solutions.
- In May 2017, CIPOS IPM was launched by Infineon Technologies AG. This provides a single switch boost by combining power factor correction and a 3-phase inverter.
For this report, Emergen Research has segmented the global intelligent power module market based on voltage rating, current rating, power devices, application and region.
- Voltage Rating Outlook (Revenue, USD Billion; 2021–2028)
- Up To 600V
- 601 V – 1200 V
- Above 1200V
- Current Rating Outlook (Revenue, USD Billion; 2021–2028)
- Up To 100 A
- 101 A – 600 A
- Above 600 A
- Power Devices Outlook (Revenue, USD Billion; 2021–2028)
- IGBT
- MOSFET
- Application Outlook (Revenue, USD Billion; 2021–2028)
- Consumer Electronics
- Industrial
- ICT
- Automotive
- Aerospace Defense
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Key takeaways of the Global Intelligent Power Module Market report:
- Asia Pacific is expected to account for the largest revenue share during the forecast period. This growth can be attributed to the presense of major key players in the region.
- The governments in the region are also adopting several policies to boost the projects related to the use of renewable energy source. Rising awareness about sustainable development in the region is also a driving factor in the growth of the market in the region.
- In May 2017, CIPOS IPM was launched by Infineon Technologies AG. This provides a single switch boost by combining power factor correction and a 3-phase inverter.
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