The latest research study “Intelligent Power Module (IPM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” Offers a comprehensive analysis of the industry, which comprises insights on the global intelligent power module (IPM) market size. The global intelligent power module (IPM) market size reached US$ 1.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.0 Billion by 2027, exhibiting a growth rate (CAGR) of 9.1% during 2022-2027.

An intelligent power module (IPM) stands for the highly integrated and complex power modules utilized to optimize the distribution and electrical power in data centers. It combines high- and low-speed insulated gate bipolar transistors (IGBTs) and diode power devices with gate drives and protective housings. An intelligent power module offers several benefits, including control over voltage supply, temperature monitoring, voltage regulation, current limiting, load distribution, etc. As a result, it is commonly utilized in consumer electronics, servo drives, renewable energy plants, etc., for improved circuit protection and smart load shedding.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Intelligent Power Module (IPM) Market Trends:

The elevating levels of industrialization and the rising usage of IPMs in renewable energy plants are some of the primary factors driving the intelligent power module market. Besides this, the growing utilization of IPMs in hybrid and electric vehicles (H/EVs) is further propelling the market growth. They are utilized with high-power thyristors, which assist in reducing the level of carbon emissions and improving the overall energy efficiency of the vehicle. Apart from this, the increasing requirement for enhanced electrical monitoring systems in inductive cookers, high-frequency welding equipment, motor drives, uninterruptible power supplies (UPS), etc., is further catalyzing the product demand. Moreover, continuous technological advancements, such as the development of innovative IPMs integrated with artificial intelligence (AI) systems, are anticipated to propel the intelligent power module market in the coming years.

Global Intelligent Power Module Market 2022-2027 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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