The Growing environmental concerns are 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.
Global Intelligent Power Module Market Share:
Consumer Vertical is expected to have the highest market share for Intelligent Power Module over the forecast period.
Global Intelligent Power Module Market Size:
The Global Intelligent Power Module Market is expected to reach USD 2.05 Billion at a CAGR of 9.31% during the forecast period 2018-2024.
Asia-Pacific is expected to have the highest growth and most significant market share owing to the growing demand for consumer goods and increasing energy requirements in emerging economies such as China and India.
Global Intelligent Power Module Packaging Market Growth:
The Market for IGBT-based intelligent power modules is expected to have highest growth rate,
Global Intelligent Power Module Market Industry Analysis:
Intelligent Power Module is segmented by power device( Insulated Gate -Bipolar Transistor, MOSFET), by operational Voltage (600V, 1200V), by Current Rating( Up to 100 Amp, 100 to 600 Amp, 100 to 600 Amp), by Circuit Configuration( 6-PACK, 7-PACK, Dual, 3 Phase Bridge), by End-User Application(Consumer Electronics, Servo Drives, UPS, Renewable Energy Generation, Transportation).
Global Intelligent Power Module Market Outlook:
Growing need for power infrastructure, Increase in reliability, Increased energy efficiency, and compact design are expected to increase the use of intelligent power modules in industrial applications such as servo drivers and UPS along with others.
Global Intelligent Power Module Market Trends:
Mitsubishi Electric announces that will exhibit cutting-edge technologies and products in the concept of “make a move to
Global Intelligent Power Module Research Report Includes:
Starting from $2700
Starting from $2700
Starting from $2700
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