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Global Intelligent Power Modules (IPM) Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like Mitsubishi Electric,Fuji Electric,ROHM,Inc.
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IPM (Intelligent Power Module) is a high-performance module that mounts a dedicated drive circuit for drawing greater performance from an IGBT chip or MOSFET, and it provides a custom IC for executing self-protection functions (short circuit, supply under voltage, and over temperature).
China’s Intelligent Power Modules (IPM) industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved, currently. China has become a large international consumption country of Intelligent Power Modules (IPM), but the production technology is relatively laggard to produce some low-end product. Although the new production lines are increasing, and the high-end product is still relying on import.
The costs of renewable sources like solar and wind energy have dropped by more than 50% over the past decade because of the technological improvements and economies of scale. This tremendous implementation of renewable electricity sources is inducing opportunities of business for Intelligent Power Modules (IPM).
Despite the presence of competition problems, the future will still have more new investment enter the field because of increasing demand of the products. Even so, the market is intensely competitive. The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
According to this study, over the next five years the Intelligent Power Modules (IPM) market will register a 8.9% CAGR in terms of revenue, the global market size will reach US$ 2670 million by 2024, from US$ 1740 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Intelligent Power Modules (IPM) business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Mitsubishi Electric
ON Semiconductor(Fairchild)
Infineon Technologies(IR)
Fuji Electric
SEMIKRON
STMicroelectronics
ROHM
Market Segment by Type, covers
IGBT Based IPM
MOSFET Based IPM
Market Segment by Applications, can be divided into
Industrial Drives
Consumer
Automotive
Renewables
Transportation
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Related Information:
North America Intelligent Power Modules (IPM) Market Growth 2019-2024
United States Intelligent Power Modules (IPM) Market Growth 2019-2024
Asia-Pacific Intelligent Power Modules (IPM) Market Growth 2019-2024
Europe Intelligent Power Modules (IPM) Market Growth 2019-2024
EMEA Intelligent Power Modules (IPM) Market Growth 2019-2024
Global Intelligent Power Modules (IPM) Market Growth 2019-2024
China Intelligent Power Modules (IPM) Market Growth 2019-2024
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