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Get a free sample of Europe Intelligent Power Module (IPM) for AWHP Market
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Players operating in the Europe IPM for AWHP industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product development & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players are also heavily investing in R&D to introduce innovative and technologically advanced solutions in the Europe market. Some major players operating in the Europe intelligent power module for AWHP industry are mentioned below:
Europe intelligent power module (IPM) for AWHP industry size exceeded USD 55 million in 2022 and may record over 10% CAGR from 2023 to 2032 owing to the growing demand for energy-efficient solutions worldwide
Some of the leading IPM for AWHP solution providers in Europe include ABB Ltd., Danfoss A/S, Infineon Technologies AG, Mitsubishi Electric Europe B.V., ONSemi, ROHM Semiconductor GmbH, and STMicroelectronics N.V.
Italy garnered over 15% share of the intelligent power module for AWHP industry share in 2022 owing to the strong tradition of innovation and manufacturing in the energy and HVAC sectors
The outdoor unit application segment held over 25% share of the Europe intelligent power module for AWHP industry in 2022 driven by the strong emphasis on reducing greenhouse gas emissions and promoting environmentally friendly technologies in the region