INTELLIGENT POWER MODULE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Intelligent Power Module Market, By Power Device (IGBT and MOSFET), By Voltage Rating (0 V to 599 V, 600 V to 1,199 V, and 1,200 V and above), By Application (Automotive, Industrial, Consumer Electronics, Energy & Utility, IT & Telecommunication, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jul 2024
Code : CMI7101
Pages :172
Formats :
Excel and PDF
Industry : Semiconductors

Market Concentration and Competitive Landscape

Intelligent Power Module Market Concentration By Players

Close-monitor your Competitor's Move, Request sample copy

Increasing integration of renewable energy generation

There is growing focus worldwide on integrating more clean and renewable sources into the energy mix to reduce dependence on fossil fuels. This involves substantial investment into solar and wind power projects. Intelligent power modules provide an indispensable solution for effective management and control of power generated from renewable energy resources. They allow optimized maximum power point tracking for solar inverters and energy yield maximization. IPMs are also vital components in utility scale wind turbine drive trains, energy storage solutions and micro-grid applications. The rapid expansion of the global solar and wind power industries has led to increased demand for reliable high-power semiconductors with compact size. The rising energy transition towards renewable sources will continue fostering growth opportunities in the intelligent power module market.

Key Players Insights