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Increasing Demand in the Intelligent Power Module Market

IPMs enable engineers to explore the characteristics of IGBTs such as high-speed and low-saturation voltage and combine it with strong protection technologies. The growing demand in the consumer electronics sector for increased energy efficiency is a major opportunity for the growth of the IPM market.

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Increasing Demand in the Intelligent Power Module Market

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  1. MarketsandMarkets Presents Increasing Demand in the Intelligent Power Module Market Intelligent Power Module Market With COVID-19 Impact Analysis by Voltage Rating, Current Rating, Circuit Configuration, Power Devices (IGBT & MOSFET), Vertical (Consumer Electronics, Industrial, Automotive), and Region - Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/intelligent-power-module-market-93744487.html

  2. The intelligent power module market was valued at USD 1.5 billion in 2020 and is projected to reach USD 2.4 billion by 2025. It is expected to grow at a CAGR of 9.6% during the forecast period.  Rising focus towards renewable power sources, growing adoption of electric vehicles, and increasing reliability thtough enhanced level of monitoring are the key driving factors for the intelligent power module market. Browse 96 market data Tables and 64 Figures spread through 171 Pages and in-depth TOC on "Intelligent Power Module Market With COVID-19 Impact Analysis - Global Forecast to 2025"

  3. IPM with current rating up to 100 A to account for a largest share of the intelligent power module market by 2025 IPMs with current rating 0 to 100A suffices the purpose for domestic applications which comprises of daily use appliances such as washing machine, air conditioner, dish washers and others. IPM being one of the smallest modules in the electronics domain, some of the features are heat sink-less operation, motor drive-optimized fast recovery FETs and integrated bootstrap functionality. It is manufactured by all major players such as Mitsubishi Electric Corp. (Japan), Fuji Electric Co., Ltd. (Japan), On Semiconductor Corporation (U.S.), and Infineon Technologies AG (Germany), the key target segment of these IPMs is the consumer sector. Some of the benefits of this range of IPM are cost savings from smaller footprint and reduced PCB space.. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=93744487 IGBT intelligent power modules accounted for the largest market share in 2019 IGBT-based IPMs combine the advantages of the low-loss high-speed IGBTs with protection circuitry and optimized gate drive. The switching time of IGBT IPM is faster than bipolar transistors but slower than that of MOSFETs. These IPMs continuously monitor the power device current by using IGBT chips with advanced current sensing capabilities. The gate(base) drive circuit is relatively simple. The modules also provide under-voltage lockout protection and over-temperature protection. IGBT-based IPM modules are available in the market across all the current and voltage rating categories.

  4. Industrial vertical accounted for the largest market share in 2019 Industrial is among the verticals for intelligent power modules. The industrial segment comprises of industrial manufacturing, process industries, and power & energy generation. Industrial devices, such as pumps, conveyors, compressors, cranes, winders, extruders, and rollers, use powered modules for controlling and protection of circuitry. Processes such as electroplating, electrolysis, welding, lighting, induction heating, and other industrial operations utilize power modules to use electric power efficiently and safely. The ease of manufacturing has also led to the availability of these devices in a vast range of ratings as well as in high voltage. Almost all the motors employed in the industries are controlled by IPMs, for example, rolling mills, textile mills, cement mills, compressors, pumps, fans, blowers, elevators, rotary kilns, etc. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=93744487 Key Market Players Include Mitsubhishi Electric (Japan), ON Semiconductor (US), Infineon Technologies (Germany), Fuji Electric (Japan), and Semikron (Germany), are among the major players in the intelligent power module market.

  5. APAC to account for the largest market share during the forecast period APAC holds the largest share of the global intelligent power module market. The market in APAC is further segmented into China, India, Japan, South Korea, and Rest of APAC. Many economically advanced countries have their manufacturing units in the developing economies of APAC, especially in China and India. The domestic markets in APAC are growing rapidly, owing to the rising per capita income of the middle-class population. APAC is the fastest-growing market for IPM, with three of the top 10 largest economies in the world–China, India, and Japan. This market presents a huge potential for the growth of IPMs in the near future. Greenfield projects related to energy generation from renewable sources are expected to provide a boost for the IPM market for the industrial vertical.

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  7. Contact Us Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 For More Info: https://www.marketsandmarkets.com/PressReleases/intelligent-power-module.asp

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