openPR Logo
Press release

Intelligent Power Module Market worth $2.4 billion by 2025

01-07-2021 07:04 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

The 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", 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.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=93744487

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. IPMs using 600 V IGBTs are used in consumer and industrial applications for driving fans, pumps, and compressors

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. 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.

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 world–China, 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.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=93744487

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).

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Intelligent Power Module Market worth $2.4 billion by 2025 here

News-ID: 2221648 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for IPM

IPM Pheromones Market: Competitive Dynamics & Global Outlook 2025
The latest research report"Global IPM Pheromones Market Growth 2025-2031" studied by LP Information offers a comprehensive overview of theIPM Pheromones market, providing insights into its drivers, restraints, and future trends. This study employs both primary and secondary research methods to offer unbiased perspectives on the globalIPM Pheromones industry, assisting decision-makers in making informed business choices. The research employs Porter's Five Forces analysis and SWOT analysis to offer a clear understanding
Intelligent Power Modules IPM Market Size 2024 to 2031.
Market Overview and Report Coverage An Intelligent Power Module (IPM) is a power semiconductor module that combines high-power transistors, capacitors, and gate drivers in a single package. These modules are widely used in various applications such as motor drives, renewable energy systems, and industrial equipment. The future outlook for the Intelligent Power Modules IPM Market looks promising, with a projected growth rate of 7.30% during the forecasted period. This growth
IPM Pheromone Market Trends And Forecast 2023-2030
Global IPM Pheromone Market Poised for Remarkable Growth, Projected to Reach USD 1,907.6 Million by 2030: The global IPM Pheromone Market, having achieved a substantial value of USD 950.4 million in 2022, is set to experience robust expansion, reaching an estimated USD 1,907.6 million by 2030. The market is witnessing a notable Compound Annual Growth Rate (CAGR) of 9.1% during the forecast period from 2023 to 2030. The escalating demand for sustainable
Intelligent Power Modules (IPM) Market 2021 | Detailed Report
According to Market Study Report, Intelligent Power Modules (IPM) Market provides a comprehensive analysis of the Intelligent Power Modules (IPM) Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample PDF (including full TOC, Tables and Figures) of Intelligent Power Modules (IPM) Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4643958 The
IGBT IPM Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the IGBT IPM analysis, which studies the IGBT IPM industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “IGBT IPM Market 2020-2025” Research Report categorizes the global IGBT IPM by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth rate, opportunities
Integrated Pest Management (IPM) Pheromones: Market In-depth Analysis by Leading …
Global Integrated Pest Management (IPM) Pheromones Market which estimates that the global market size of Integrated Pest Management (IPM) Pheromones is said to flourish with a considerable Compound Annual Growth Rate (CAGR) in the predicted forecast period, and this is accredited to the escalating need for this product/service worldwide backed by new inventions and technological advancements in the market. The market report based on our unique research methodology delivers thorough analytical