PUBLISHER: Lucintel | PRODUCT CODE: 1387479
PUBLISHER: Lucintel | PRODUCT CODE: 1387479
Intelligent Power Module Trends and Forecast
The future of the global intelligent power module market looks promising with opportunities in the industrial, consumer electronic, transportation, and IT & telecommunication sectors. The global intelligent power module market is expected to reach an estimated $3.8 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are growing demand for renewable energy, increasing demand for electric vehicles, and rising adoption of automation in different industries.
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Intelligent Power Module by Segment
The study includes a forecast for the global intelligent power module by power device, voltage, end use industry, and region.
Intelligent Power Module Market by Power Device [Shipment Analysis by Value from 2018 to 2030]:
Intelligent Power Module Market by Voltage [Shipment Analysis by Value from 2018 to 2030]:
Intelligent Power Module Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Intelligent Power Module Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Intelligent Power Module Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies intelligent power module companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the intelligent power module companies profiled in this report include-
Intelligent Power Module Market Insights
Lucintel forecasts that insulated-gate bipolar transistor is expected to witness the highest growth over the forecast period due to rising application of power management chips in electronic devices like air conditioners and refrigerators.
Within this market, consumer electronic is expected to witness the highest growth.
APAC will remain the largest region over the forecast period due to rapid industrialization, continuous growth of population, and presence of well-established semiconductor sector in the region.
Features of the Global Intelligent Power Module Market
Market Size Estimates: Intelligent power module market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Intelligent power module market size by power device, voltage, end use industry, and region in terms of value ($B).
Regional Analysis: Intelligent power module market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different power devices, voltages, end use industries, and regions for the intelligent power module market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the intelligent power module market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the intelligent power module market size?
Answer: The global intelligent power module market is expected to reach an estimated $3.8 billion by 2030.
Q2. What is the growth forecast for intelligent power module market?
Answer: The global intelligent power module market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the intelligent power module market?
Answer: The major drivers for this market are growing demand for renewable energy, increasing demand for electric vehicles, and rising adoption of automation in different industries.
Q4. What are the major segments for intelligent power module market?
Answer: The future of the intelligent power module market looks promising with opportunities in the industrial, consumer electronic, transportation, and IT & telecommunication sectors.
Q5. Who are the key intelligent power module market companies?
Answer: Some of the key intelligent power module companies are as follows:
Q6. Which intelligent power module market segment will be the largest in future?
Answer: Lucintel forecasts that insulated-gate bipolar transistor is expected to witness the highest growth over the forecast period due to rising application of power management chips in electronic devices like air conditioners and refrigerators.
Q7. In intelligent power module market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rapid industrialization, continuous growth of population, and presence of well-established semiconductor sector in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.