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Intelligent Power Module Market Share

Report ID: GMI4843
Published Date: Oct 2020
Report Format: PDF

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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.

Authors: Suraj Gujar

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.