The Impact Of Covid-19 on Intelligent Power Module (IPM) Market Demand, Size and Production 2020 - 2025

The Global Intelligent Power Module (IPM) Market Perspectives, Comprehensive Analysis along with Major Segments and Forecast, 2020-2025. The Intelligent Power Module (IPM) Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). Report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries. This Intelligent Power Module (IPM) Market study provides comprehensive data which enhances the understanding, scope and application of this report.

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The global intelligent power module (IPM) market was valued at USD 1.82 billion in 2019 and is expected to reach a value of USD 3.01 billion by 2025 at a CAGR of 8.81%, during the forecast period (2020-2025).

Competitive Landscape
The major players include - Mitsubishi Electric Corp, Infineon Technologies AG, Fuji Electric Co. Ltd, Fairchild Semiconductors, ROHM Co. Ltd, ST Microelectronics NV, ON Semiconductor Corporation. These players dominate the market, resulting in a consolidated market. As a result of this, the market concentration is high.

- April 2018 - Mitsubishi Electric Corporation announced plans to launch a MISOPTM (Mitsubishi Electric intelligent small outline power module) surface-mount package intelligent power module (IPM) that will facilitate the implementation of low-cost inverter systems.
- February 2018 - Molex and INVECAS have entered into a collaborative partnership to develop Automotive Infotainment Media Module for intelligent vehicles.

Market Trends
Renewable Energy to Drive the Adoption Rate for Intelligent Power Modules
- IPM applications in the renewable energy sector include usage in wind turbine inverters (both off-shore and on-shore), photovoltaic inverters, and micro-inverters.
- It is expected that around one-third of global power needs would be addressed by solar and wind energies, by 2040. This factor is expected to have a significant impact on the market studied, as IPM forms a critical component of these power architectures.
- With over 100 countries generating power from wind and a projected ten-fold increase in global production of electricity from wind, the market studied is projected to experience a boost.
- The increasing deployment of off-shore wind networks involving power transmission systems, based on high-voltage direct current (HVDC) technology, where IPM is an essential component, is driving the market studied.

North America to Emerge as a Prominent Market for IPM
- North America is one of the most important regions in the market studied, owing to the presence of several established players in the region.
- The United States has one of the largest automotive markets across the globe, and is home to several global automotive and auto parts manufacturers. Some of the major automobile manufacturers based out of the region include Ford, General Motors, Fiat Chrysler Automobiles, and Tesla. Tesla is at the forefront of technological innovation.
- With billions of dollars invested in the United States, the automotive industry, directly and indirectly, employs hundreds of thousands of US citizens. It was estimated that the automotive industry annually spends nearly USD 105 billion on R&D, worldwide, about USD 18 billion of which is spent in the United States, to incorporate newer and more advanced sensors into automobiles.
- With this growth in the automotive industry that is further expected to result in growth in hyrbid electric vehciles and autonomous cars, IPM in the region will witness an increased adoption as they will be used for better in-vehcile features.

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Influence of the Intelligent Power Module (IPM) market report
-Comprehensive assessment of all opportunities and risk in the Intelligent Power Module (IPM) market.
-Intelligent Power Module (IPM) market recent innovations and major events.
-Detailed study of business strategies for growth of the Intelligent Power Module (IPM) market-leading players.
-Conclusive study about the growth plot of Intelligent Power Module (IPM) market for forthcoming years.
-In-depth understanding of Intelligent Power Module (IPM) market-particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Intelligent Power Module (IPM) market.

WHAT ARE THE MARKET FACTORS THAT ARE EXPLAINED IN THE REPORT?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Intelligent Power Module (IPM) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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