Global Intelligent Power Module Market Valued at USD 2.5 Billion in 2022, Expected to Grow at a CAGR of 9.1% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Intelligent Power Module market size accounted for USD 2.5 Billion in 2022, growing at a CAGR of 9.1% from 2023 to 2033. The Intelligent Power Module (IPM) market refers to the market for integrated power electronic devices that combine power devices (such as insulated gate bipolar transistors or IGBTs) and other circuitry, including gate drivers, protection features, and control logic, into a single module. IPMs are widely used in various applications, including motor drives, renewable energy systems, industrial automation, consumer electronics, and automotive systems. IPMs offer several advantages over discrete power components, including compact size, improved thermal management, reduced assembly and wiring complexity, enhanced reliability, and increased power efficiency. These modules simplify the design and implementation of power electronics systems, enabling faster time-to-market and lower development costs.
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Key Highlights:
• The global Intelligent Power Module Market size was valued at USD 2.5 billion in 2022 growing at a CAGR of 9.1% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Intelligent Power Module Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Intelligent Power Module market report also includes the following data points:
• COVID19 Impact on Intelligent Power Module market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Intelligent Power Module market
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Key Players
Some of the major Intelligent Power Module players holding high market share include Mitsubishi Electric Corporation, Fuji Electric Co. Ltd., Infineon Technologies AG, and Rohm Semiconductor (Rohm Co. Ltd.). These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Mitsubishi Electric Corporation
• Fuji Electric Co. Ltd.
• Infineon Technologies AG
• Rohm Semiconductor (Rohm Co. Ltd.)
• STMicroelectronics N.V.
• Microchip Technology Inc.
• Texas Instruments Incorporated
• Toshiba Electronic Devices & Storage Corporation
• Renesas Electronics Corporation
• Silan Semiconductor Manufacturing Group
Segmental Analysis
Market Segment By Industry Vertical with focus on market share, consumption trend, and growth rate of Intelligent Power Module Market:
o Industrial
o Consumer Electronics
o Transportation
o IT and Telecommunications
o Others
Market Segment By Voltage with focus on market share, consumption trend, and growth rate of Intelligent Power Module Market:
o Up To 600V
o 601V - 1,200V
o Above 1,200V
Market Segment By power device with a focus on market share, consumption trend, and growth rate of the Intelligent Power Module Market:
o Insulated-Gate Bipolar Transistor (IGBT)
o Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET)
o Others
Parameters Details
Market Size (2022) $ 2.5 Billion
CAGR (2023 to 2033) 9.1%
Market Segmentation Industry vertical, voltage, power device
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Intelligent Power Module Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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