Press release
Intelligent Power Module Market Expected to Expand at a Steady CAGR through 2025
Medium and the high-power application have been implemented by using hybrid integration. Hybrid integration used to cover wide range of power electronics. Intelligent power module or application specific IPM are being used for voltage ratings up to600V and a current rating from a few Amp up to 100Amp, and the typical power module for the current ranges greater than 100Amp and voltage over 1200V.Download the Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=27095
Increasing demand for modular power solution in the renewable energy application is a key driver for the expansion of the intelligent power module market. Increasing need for high power density and consistently rising need for IPM in the railway traction motor is estimated to fuel the expansion of the intelligent power module market.
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The growing penetration of high voltage direct current is also a key factor that is anticipated to boost the demand for different modular power solutions during the forecast period. Additionally, rising demand for consumer goods and enhanced energy requirement in emerging economies is also anticipated to increase the demand for modular power solution in the near future.
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About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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