Intelligent Power Module Market Size – Global Forecast to 2025

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MarketsandMarkets Presents

Intelligent Power Module Market Size Global
Forecast to 2025 Intelligent Power Module Market
With COVID-19 Impact Analysis by Voltage Rating,
Current Rating, Circuit Configuration, Power
Devices (IGBT MOSFET), Vertical (Consumer
Electronics, Industrial, Automotive), and Region
- Global Forecast to 2025 https//www.marketsandm
arkets.com/Market-Reports/intelligent-power-module
-market-93744487.html
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According to the new market research
report "Intelligent Power Module Market With
COVID-19 Impact Analysis by Voltage Rating,
Current Rating, Circuit Configuration, Power
Devices (IGBT MOSFET), Vertical (Consumer
Electronics, Industrial, Automotive), and Region
- Global Forecast to 2025", published by
MarketsandMarkets, the market was valued at USD
1.5 billion in 2020 and is projected to reach USD
2.4 billion by 2025. It is expected to grow at a
CAGR of 9.6 during the forecast period.  Rising
focus towards renewable power sources, growing
adoption of electric vehicles, and increasing
reliability through an enhanced level of
monitoring are the key driving factors for the
intelligent power module market. Browse 96
market data Tables and 64 Figures spread
through 171 Pages and in-depth TOC
on "Intelligent Power Module Market With COVID-19
Impact Analysis - Global Forecast to 2025"
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IGBT to account for the largest share of the
intelligent power module market IGBT-based IPMs
combine the advantages of the low-loss high-speed
IGBTs with protection circuitry and optimized
gate drive. The switching time of IGBT IPM is
faster than bipolar transistors but slower than
that of MOSFETs. These IPMs continuously monitor
the power device current by using IGBT chips with
advanced current sensing capabilities. The
gate(base) drive circuit is relatively simple.
The modules also provide under-voltage lockout
protection and over-temperature protection.
IGBT-based IPM modules are available in the
market across all the current and voltage rating
categories. Manufactured by all the key players
in the market, IGBT-based IPMs have seen
continuous improvement in packaging, power chip,
and control chip technology. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id93744487 Industrial vertical
accounted for the largest share of the
intelligent power module market in 2019 The
industrial vertical comprises of industrial
manufacturing, process industries, and power
energy generation. Industrial devices, such as
pumps, conveyors, compressors, cranes, winders,
extruders, and rollers, use powered modules for
controlling and protection of circuitry.
Processes such as electroplating, electrolysis,
welding, lighting, induction heating, and other
industrial operations utilize power modules to
use electric power efficiently and safely. The
ease of manufacturing has also led to the
availability of these devices in a vast range of
ratings as well as in high voltage.
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Asia Pacific to account for the largest share of
the intelligent power module market by 2025 Many
economically advanced countries have their
manufacturing units in the developing economies
of APAC, especially in China and India. The
domestic markets in APAC are growing rapidly,
owing to the rising per capita income of the
middle-class population. APAC is the
fastest-growing market for IPM, with three of the
top 10 largest economies in the
worldChina, India, and Japan. This market
presents a huge potential for the growth of IPMs
in the near future. Greenfield projects related
to energy generation from renewable sources are
expected to provide a boost for the IPM market
for the industrial vertical. Furthermore, the
region is a manufacturing hub of consumer
electronics products therefore, IPMs have a
large application in the consumer vertical in the
region. Request Free Sample Pages https//www.ma
rketsandmarkets.com/requestsampleNew.asp?id937444
87 A few of the key players in the intelligent
power module market are Mitsubhishi Electric
(Japan), Infineon Technologies (Germany), ON
Semiconsuctor (US), Fuji Electric (Japan),
STMicroelectronics (Switzerland), Semikron
(Germany), ROHM Semiconductor (Japan), Sanken
Electric (Japan), Future Electronics (Canada),
and Maxim Integrated (US).
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