Intelligent Power Modules (IPM) Market Size Estimation, Growth Rate, and Future Trends Analysis

Factors such as increasing demand for consumer goods and energy in developing economies, growing saturation of high voltage direct current, growing demand for hybrid and electric vehicles, and technological advancements are likely to drive the market in the forthcoming period.

ID: 1552429
recent pressrelease next pressrelease

(businesspress24) - Global intelligent power module (IPM) market is anticipated to witness an exponential growth in the forecast period. Factors such as increasing demand for consumer goods and energy in developing economies, growing saturation of high voltage direct current, growing demand for hybrid and electric vehicles, and technological advancements are likely to drive the market in the forthcoming period. On the other hand, grid faults in the power semiconductor devices and decrease in the size of the IGBT modules are anticipated to hinder market growth in the future.

The IPM market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Intelligent power modules (IPM) market is segmented by voltage rating, current rating, circuit configuration, power device, application, vertical and geography. The market is segmented by voltage rating as 1200V, Up to 600V and above 1200V.

Based on current rating, the market is segmented as 101A

The market is segmented based on power device as MOSFET-Based IPM and IGBT-Based IPM. The IGBT-based IPM segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come.

The intelligent power modules market is segmented based on vertical as Industrial (UPS, Servo Drive, Transportation, Renewable Energy, and Others), and Consumer (Washing Machine, Refrigerator, Air Conditioner, and Others). The consumer segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come. The key factors that could be attributed to the growth of the market include increasing demand in the consumer electronics segment for increased energy efficiency.

APAC is one of the prominent regions in the market. It is likely to maintain its dominance in the forecast period owing to factors such as growing demand for consumer goods, and improved manufacturing activities in the region. In addition, APAC region has developed as a robust manufacturing center with leading manufacturers of consumer goods and requirements for energy in emerging economies such as India and China.



Key players operating in the intelligent power modules (IPM) market comprise Mitsubishi Electric Corp, Fuji Electric Co. Ltd, Infineon Technologies AG, Semikron, Fairchild Semiconductors, ROHM Co., Ltd, ST Microelectronics N.V., Future Electronics Inc., Vincotech GmbH, ON Semiconductor Corporation and Powerex Inc. The leading companies are involved in partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.



More information:
http://bit.ly/2NtSi2q http://bit.ly/2NtAWT4 http://bit.ly/2NunXAB



Keywords (optional):

intelligent-power-module-ipm-market, semicondustors, intelligent-power-module, intelligent-power-module-market, intelligent-power-module-industry, semicondustors-market, semicondustors-industry,



Company information / Profile:

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

PressRelease by

Requests:

"Million Insights

Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States

Phone: +1-408-610-2300

Toll Free: +1-866-831-4085

Email: sales(at)millioninsights.com"



PressContact / Agency:



published by: unnati_gade
print pressrelease  send to a friend  

Date: 09/23/2019 - 02:53
Language: English
News-ID 1552429
Character count: 4120
Kontakt-Informationen:
Firma: Million Insights
Ansprechpartner: Tom Clark Feedback to businesspress24.com about Pressrelease-id:
Stadt: Felton
Telefon: 14086102300

Meldungsart: Financial
Versandart: send
Freigabedatum: 23.09.2019
Comments:



Number of hits: 150

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 9 428
Register today: 0
Register yesterday: 0
Members online: 1
Guests online: 45


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.