Global Intelligent Power Modules Market: Introduction
Intelligent power module are integrated high performance module which contains a drive circuit and control unit for better performance from an insulated gate bipolar transistor (IGBT) chip. The intelligent power module provides a custom integrated circuit for executing self-protection functions such as supply under voltage, over temperature and short circuit. The intelligent power module is a highly integrated device containing all high voltage control from 3-phase outputs to high voltage direct current (HV-DC) in a single module. Intelligent power modules are hybrid devices which combines low loss and high speed insulated gate bipolar transistors, diodes with integrated gate drivers and protection circuits in single housing.
The demand for the intelligent power modules is growing because of the benefits offered by technology in motor control applications. The implementation of intelligent power modules can accommodate for changes in basic structure or design, such as increase in the current or ampere or the addition of a rail. Thus during the deployment of any product many changes can be made with the help of implementation of intelligent power modules. Moreover, the reliability of systems can also be increased owing to the implementation of the intelligent power modules. The intelligent power modules can be integrated into various applications such as low noise applications, controllers, embedded computing, network processors, and many more.
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Global Intelligent Power Modules Market: Dynamics
Increasing usage of intelligent power modules in consumer electronics industry is majorly driving the growth of the intelligent power modules market during the forecast period. The rising adoption of hybrid automotive and renewable energy resources are also fueling the growth of the intelligent power modules market. Furthermore, high voltage level shifting and high performance of intelligent power modules are increasing demand for electronic gadgets which in turn is propelling the growth of the intelligent power modules market over the projected period of time. Additionally, increasing demand for enhanced energy requirement and consumer goods in emerging economies is also expected to contribute towards the growth of the intelligent power modules market in the near future. Moreover, the emerging market of power semiconductors such as SIC and GAN is also anticipated to act as an opportunity for the intelligent power module market over the forecast period. However, high power dissipation of small insulated gate bipolar transistor modules and low adoption rate of power electronic devices are hindering the growth of the intelligent power modules market.
Global Intelligent Power Modules Market: Segmentation
The global intelligent power modules market can be segmented on the basis of voltage rating, power device, application and region.
Intelligent Power Modules market, by Voltage Rating
- Up to 600 V
- 601 V – 1200 V
- Above 1200 V
Intelligent Power Modules market, by Power Device
Intelligent Power Modules market, by Application
- Consumer Electronics
- Renewable Energy
- Servo Drives
Global Intelligent Power Modules Market: Competition Landscape
Some of the key vendors in intelligent power modules market are Infineon Technologies AG, ON Semiconductor Corporation, STMicroelectronics, ROHM Co., Ltd., Fuji Electric Co., Ltd., Mitsubishi Electric Corp., Sanken Electric Co., Ltd., Fairchild Semiconductor International, Inc., Future Electronics Inc. and Semikron.
Global Intelligent Power Modules Market: Regional Outlook
Geographically, the intelligent power modules market can be segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA) and Japan.
Owing to increasing energy requirements and owing to increasing demand for consumer goods in economies like China and India, Asia Pacific region will dominate the intelligent power modules market. North America is anticipated to hold a significant share of intelligent power modules market owing to the demand for high voltage transmission and renewable energy resources. Moreover, Europe is expected to exhibit considerable growth in the intelligent power modules market due to the increasing demand of electric and hybrid vehicles in this region.
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The report covers an exhaustive analysis on:
- Market Segments
- Market Dynamics
- Historical Actual Market Size, 2013-2017
- Market Size and Forecast 2018 to 2028
- Supply and Demand Value Chain
- Current Trends/Issues/Challenges
- Competition and Companies Involved
- Value Chain
- Market Drivers and Restraints
Regional analysis for the global Intelligent Power Modules market includes:
- North America Intelligent Power Modules Market
- Latin America Intelligent Power Modules Market
- Rest of Latin America
- Western Europe Intelligent Power Modules Market
- Rest of Western Europe
- Eastern Europe Intelligent Power Modules Market
- Asia Pacific Intelligent Power Modules Market
- Australia and New Zealand
- Rest of SEA and Others of APAC
- Japan Intelligent Power Modules Market
- China Intelligent Power Modules Market
- Middle East and Africa Intelligent Power Modules Market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. It provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. It also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint