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Intelligent Power Module Market Share
- Report ID: GMI4843
- Published Date: Oct 2020
- Report Format: PDF
Intelligent Power Module Market Share
Major participants operating in the intelligent power module market are
- Infineon Technologies AG
- ON Semiconductor Corporation
- Fuji Electric Co. Ltd.
- Mitsubishi Electric Corporation
- ROHM Co., Ltd.
- Sanken Electric Co., Ltd.
Market players are extensively focusing on research & development activities to provide technically advanced products than their competitors.
Frequently Asked Questions (FAQ) :
Global market for intelligent power modules is expected to record over 9% CAGR through 2026 with increased investments in renewables and the need for optimizing power extraction from solar panels.
Intelligent power modules up to 600V accounted for nearly 50% of the global share in 2019, owing to their high performance ability and enhanced energy efficiency provided for motor drive applications.
The demand for intelligent power module having >100 A current rating will register 6% CAGR up to 2026 due to the increased use of industrial robots where the components provide reduced power loss.
The market share from consumer electronics applications will witness nearly 10% CAGR through 2026 owing to a significant demand across smart home devices like refrigerators, ACs and washing machines.
APAC market for intelligent power modules will achieve a strong 10% CAGR up to 2026, with a gradual rise in the adoption of electric vehicles and government initiatives to boost EV production.
Intelligent Power Module Market Scope
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