The Growing environmental concerns were due to increase in the use of non-renewable energy source. The Intelligence Power module which drives on renewable sources addresses the issues like energy efficiency, particularly in consumer electronics segments. The intelligent power module is a high-function module with a dedicated IC for self-protection functions. It provides the physical containment package for several power components and power semiconductor devices.
Asia-Pacific Intelligent Power module Market Size & Growth:
Asia-Pacific Intelligent Power module market size is projected to reach USD 1.1 Billion by the end of 2024 with a CAGR of 13% during the forecast period. Key Parameters promoting the market growth include growing need for power infrastructure, increase in reliability, increased energy efficiency, and compact design. These are expected to increase the use of intelligent power modules in industrial applications such as servo drivers and UPS along with others. Asia-Pacific is expected to have the highest growth and largest market share owing to the growing demand for consumer goods and increasing energy requirements in emerging economies such as China
Asia-Pacific Intelligent Power module Market Share:
Asia-Pacific Intelligent Power module market is classified by the power device, by operational Voltage, by Current Rating, by Circuit Configuration, by End-User Application, by geography. By power device, the Asia-Pacific Intelligent Power module market is classified as Insulated Gate -Bipolar Transistor, MOSFET.
By Operational Voltage, these are classified as 600V, 1200V. By Current Rating, these are classified as Up to 100 Amp, 100 to 600 Amp, 100 to 600 Amp. By Circuit Configuration these are classified as 6-PACK, 7-PACK, Dual, 3 Phase Bridge. By End-User application, these are classified as Consumer Electronics, Servo Drives, UPS, Renewable Energy Generation, Transportation . electrical enclosures. The Market for IGBT-based intelligent power modules is expected to have highest growth rate, and these modules provide under-voltage lockout protection and over temperature protection during the forecast period. Consumer Vertical is expected to have the highest market share for Intelligent Power Module over the forecast period
Asia-Pacific Intelligent Power module Market Trends:
Asia-Pacific Intelligent Power module Market Research Report Includes:
Starting from $2700
Starting from $2700
Starting from $2700
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