DUBLIN--(BUSINESS WIRE)--The "Global Intelligent Power Module Market - by Voltage Rating, Power Device, Application, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
The global intelligent power module market is forecasted to reach 2.75 billion USD by 2023 from 1.57 billion USD in 2017 with a CAGR of 9.79% during the period.
The rising demand for intelligent power modules in consumer electronics is majorly driving the market. The rising adoption of renewable energy resources and hybrid automotive are fueling the growth of the market. However, the low adoption rate of power electronic devices and high power dissipation of small IGBT modules are hampering the market growth.
Asia-Pacific will dominate the market owing to increasing demand for consumer goods and increasing energy requirements in economies like India and China. North America will hold significant share in the market due to adoption of renewable energy resources and demand for high voltage transmission. Europe will show considerable growth rate owing to demand for hybrid and electric vehicles.
Industry Trends & Updates
- ST has introduced nano intelligent power modules, which has additional package options and components to accelerate development of motor dives from low power up.
- Molex and INVECAS have entered into a collaborative partnership to develop Automotive Infotainment Media Module for intelligent vehicles.
- Mitsubishi Electric
- Infineon
- Fuji Electric
- Semikron
- ROHM
- Vincotech
- Future Electronics
- ST Microelectronics
- Powerex
- Fairchild Semiconductors
- ON Semiconductor
- Sanken
- Renesas
- Texas Instruments
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Intelligent Power Module Market Segmentation, Forecasts and Trends - by Voltage Rating
6. Global Intelligent Power Module Market Segmentation, Forecasts and Trends - by Power Device
7. Global Intelligent Power Module Market Segmentation, Forecasts and Trends - by Application
8. Global Intelligent Power Module Market Segmentation, Forecasts and Trends - by Region
9. Company Market Share Analysis
10. Company Profiles
11. Industry Structure
12. Global Intelligent Power Module Market - The Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/mmxdtc/global?w=4
