The global intelligent power module market is anticipated to grow at a CAGR of 10.7% during the forecast period (2024-2031). The market growth is attributed to the increasing adoption of energy savings power devices with an increase in demand for Insulated-Gate Bipolar Transistor (IGBT) and Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) based power modules drive the market growth. The growing need for power generation from renewable sources, OEMs' emphasis on developing innovative and efficient energy and power monitoring modules, and the increasing demand for intelligent power modules in the consumer electronics, automotive, and industrial sectors accelerate the growth of the market.
Browse the full report description of “Intelligent Power Module Market Size, Share & Trends Analysis Report 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), and by Vertical (Consumer Electronics, Information and Communication Technology (ICT), Automotive, Industrial, and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/intelligent-power-module-market
Motion Control Engine (MCE) simplifies the development of highly integrated, function-optimized motor control solutions by utilizing intelligent power modules for optimized motor control solutions. For instance, in March 2023, Infineon Technologies AG launched a new intelligent power module (IPM) series iMOTION™ IMI110. In a small DSO-22 box, the series integrates the iMOTION Motion Control Engine (MCE) with a three-phase gate driver and 600 V/2 A or 600 V/4 A IGBTs. Large and small home appliance motors can be used with the integrated motor controller series.
High-performance semiconductor intelligent power module built-in protection circuits capable of absorbing energy such as inductive loads and suiting them for operation in higher temperatures. For instance, in February 2023, Toshiba Electronic Devices & Storage Corp. launched two intelligent power devices TPD2015FN and TPD2017FN that control the drive of the inductive loads of motors, solenoids, lamps, and other devices used in applications such as the programmable logic controllers of industrial equipment.
The manufacturing sector continues implementing Energy Savings intelligent power modules in production equipment with the best low-loss performance in the industry to increase productivity. For instance, in April 2021, Fuji Electric Corp. launched X Series IGBT-IPM which contributes to energy savings in production equipment with the industry’s highest class of low-loss performance. The new power semiconductor product, the X Series IGBT-IPM*1, which features the latest 7th generation X Series devices to significantly reduce power loss.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Power Device
o By Voltage Rating
o By Vertical
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Infineon Technologies AG, Mitsubishi Electric Corp., Renesas Electronics Corp., Semiconductor Components Industries, LLC, Toshiba Corp., and others.
Key questions addressed by the report
Global Intelligent Power Module Market Report Segment
By Power Device
By Voltage Rating
By Vertical
Global Intelligent Power Module Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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