Increasing Demand in the Intelligent Power Module Market

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MarketsandMarkets Presents

Increasing Demand in the Intelligent Power Module
Market 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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The intelligent power module 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 thtough 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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IPM with current rating up to 100 A to account
for a largest share of the intelligent power
module market by 2025 IPMs with current rating 0
to 100A suffices the purpose for domestic
applications which comprises of daily use
appliances such as washing machine, air
conditioner, dish washers and others. IPM being
one of the smallest modules in the electronics
domain, some of the features are heat sink-less
operation, motor drive-optimized fast recovery
FETs and integrated bootstrap functionality. It
is manufactured by all major players such as
Mitsubishi Electric Corp. (Japan), Fuji Electric
Co., Ltd. (Japan), On Semiconductor Corporation
(U.S.), and Infineon Technologies AG (Germany),
the key target segment of these IPMs is the
consumer sector. Some of the benefits of this
range of IPM are cost savings from smaller
footprint and reduced PCB space.. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id93744487 IGBT intelligent power
modules accounted for the largest market share in
2019 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.
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Industrial vertical accounted for the largest
market share in 2019 Industrial is among the
verticals for intelligent power modules. The
industrial segment 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. Almost all
the motors employed in the industries are
controlled by IPMs, for example, rolling mills,
textile mills, cement mills, compressors, pumps,
fans, blowers, elevators, rotary kilns,
etc. Request Free Sample Pages https//www.marke
tsandmarkets.com/requestsampleNew.asp?id93744487
Key Market Players Include Mitsubhishi Electric
(Japan), ON Semiconductor (US), Infineon
Technologies (Germany), Fuji Electric (Japan),
and Semikron (Germany), are among the major
players in the intelligent power module market.
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APAC to account for the largest market share
during the forecast period APAC holds the largest
share of the global intelligent power module
market. The market in APAC is further segmented
into China, India, Japan, South Korea, and Rest
of APAC. 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.
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