Product Code: A05462
The intelligent power module market size was valued at $1.6 billion in 2021, and is projected to reach $3.7 billion by 2031, registering a CAGR of 8.73% from 2022 to 2031. Intelligent power modules (IPM) are high-performance modules which consist of a dedicated drive circuit to draw greater performance from IGBT chips. IPMs also include a custom IC to execute self-protection functions in cases of events such as over-temperature, supply under-voltage, and short circuits. IPMs can also be considered as advanced power switch devices which have been adapted to current development trends and hence, are composite, modular, and include power integrated circuits (PIC).
The scope of the report discusses the potential opportunities for the key players to enter the intelligent power module market. Furthermore, it provides an in-depth analysis of the market, outlining current trends, key driving factors, and key areas of investment. The report includes Porter's five forces analysis to understand the competitive scenario of the industry and role of each stakeholder in the value chain. Moreover, it features the strategies adopted by key market players to maintain their foothold in the market.
The intelligent power module market is segmented on the basis of power devices, voltage, current rating, circuit configuration, industry vertical, and region. By power devices, it is classified into IGBT, MOSTFET, and others. By voltage, it is classified into up to 600V, 601V to 1,200V, and above 1,200V. By current rating, it is classified into up to 100A, 101A to 600A, and above 600A. By circuit configuration, it is classified into 6-pack, 7-pack, bridge, and others. By industry vertical, it is classified into industrial, consumer electronics, transportation, IT and telecommunications, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key factors driving the growth of the intelligent power module market include their significant requirement in electrical equipment, electronic machinery, and technology field. They are primarily required in these machines to manage power. IPMs are also used for power management and power conservation, especially in the face of today's concerns regarding global warming and CO2 emissions. The continued adoption of technology by the industrial sector is also an important factor driving the market of intelligent power modules. However, the complexity of manufacturing the product is expected to restrain growth of the market. Meanwhile, the automotive industry presents a significant opportunity to players in the market during the forecast period.
The key players operating in the intelligent power module market are: Mitsubishi Electric Corporation, Fuji Electric Co. Ltd., Infineon Technologies AG, Rohm Semiconductor (Rohm Co. Ltd.), STMicroelectronics N.V., Microchip Technology Inc., Texas Instruments Incorporated, Toshiba Electronic Devices & Storage Corporation, Renesas Electronics Corporation, and Silan Semiconductor Manufacturing Group. These key players adopt several strategies such as new product launch and development, acquisition, partnership and collaboration and business expansion to increase their market share in the global intelligent power module market during the forecast period.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the intelligent power module market analysis from 2021 to 2031 to identify the prevailing intelligent power module market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the intelligent power module market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global intelligent power module market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Industry Vertical
- Industrial
- Consumer Electronics
- Transportation
- IT and Telecommunications
- Others
By Voltage
- Up To 600V
- 601V - 1,200V
- Above 1,200V
By Current Rating
- Up to 100A
- 101A to 600A
- Above 600A
By Circuit Configuration
- 6-Pack
- 7-Pack
- Bridge
- Others
By Power Device
- Insulated-Gate Bipolar Transistor (IGBT)
- Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET)
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- Microchip Technology Inc.
- Infineon Technologies AG
- STMicroelectronics N.V.
- Renesas Electronics Corporation
- Toshiba Electronic Devices & Storage Corporation
- Silan Semiconductor Manufacturing Group
- Rohm Co. Ltd.
- Texas Instruments Incorporated
- Fuji Electric Co. Ltd.
- Mitsubishi Electric Corporation
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increased dependence on electrical machinery and equipment
- 3.4.1.2. Increasing emphasis on power saving in industries
- 3.4.1.3. Extensive application and use in industrial sector
- 3.4.2. Restraints
- 3.4.2.1. Complexity of product manufacturing
- 3.4.3. Opportunities
- 3.4.3.1. Extensive requirement in electric automobiles
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: INTELLIGENT POWER MODULE MARKET, BY POWER DEVICE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Insulated-Gate Bipolar Transistor (IGBT)
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET)
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Others
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
CHAPTER 5: INTELLIGENT POWER MODULE MARKET, BY VOLTAGE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Up To 600V
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. 601V - 1,200V
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Above 1,200V
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: INTELLIGENT POWER MODULE MARKET, BY CURRENT RATING
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Up to 100A
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. 101A to 600A
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Above 600A
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
CHAPTER 7: INTELLIGENT POWER MODULE MARKET, BY CIRCUIT CONFIGURATION
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. 6-Pack
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. 7-Pack
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. Bridge
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
- 7.5. Others
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
CHAPTER 8: INTELLIGENT POWER MODULE MARKET, BY INDUSTRY VERTICAL
- 8.1. Overview
- 8.1.1. Market size and forecast
- 8.2. Industrial
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by region
- 8.2.3. Market share analysis by country
- 8.3. Consumer Electronics
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by region
- 8.3.3. Market share analysis by country
- 8.4. Transportation
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by region
- 8.4.3. Market share analysis by country
- 8.5. IT and Telecommunications
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by region
- 8.5.3. Market share analysis by country
- 8.6. Others
- 8.6.1. Key market trends, growth factors and opportunities
- 8.6.2. Market size and forecast, by region
- 8.6.3. Market share analysis by country
CHAPTER 9: INTELLIGENT POWER MODULE MARKET, BY REGION
- 9.1. Overview
- 9.1.1. Market size and forecast By Region
- 9.2. North America
- 9.2.1. Key trends and opportunities
- 9.2.2. Market size and forecast, by Power Device
- 9.2.3. Market size and forecast, by Voltage
- 9.2.4. Market size and forecast, by Current Rating
- 9.2.5. Market size and forecast, by Circuit Configuration
- 9.2.6. Market size and forecast, by Industry Vertical
- 9.2.7. Market size and forecast, by country
- 9.2.7.1. U.S.
- 9.2.7.1.1. Key market trends, growth factors and opportunities
- 9.2.7.1.2. Market size and forecast, by Power Device
- 9.2.7.1.3. Market size and forecast, by Voltage
- 9.2.7.1.4. Market size and forecast, by Current Rating
- 9.2.7.1.5. Market size and forecast, by Circuit Configuration
- 9.2.7.1.6. Market size and forecast, by Industry Vertical
- 9.2.7.2. Canada
- 9.2.7.2.1. Key market trends, growth factors and opportunities
- 9.2.7.2.2. Market size and forecast, by Power Device
- 9.2.7.2.3. Market size and forecast, by Voltage
- 9.2.7.2.4. Market size and forecast, by Current Rating
- 9.2.7.2.5. Market size and forecast, by Circuit Configuration
- 9.2.7.2.6. Market size and forecast, by Industry Vertical
- 9.2.7.3. Mexico
- 9.2.7.3.1. Key market trends, growth factors and opportunities
- 9.2.7.3.2. Market size and forecast, by Power Device
- 9.2.7.3.3. Market size and forecast, by Voltage
- 9.2.7.3.4. Market size and forecast, by Current Rating
- 9.2.7.3.5. Market size and forecast, by Circuit Configuration
- 9.2.7.3.6. Market size and forecast, by Industry Vertical
- 9.3. Europe
- 9.3.1. Key trends and opportunities
- 9.3.2. Market size and forecast, by Power Device
- 9.3.3. Market size and forecast, by Voltage
- 9.3.4. Market size and forecast, by Current Rating
- 9.3.5. Market size and forecast, by Circuit Configuration
- 9.3.6. Market size and forecast, by Industry Vertical
- 9.3.7. Market size and forecast, by country
- 9.3.7.1. UK
- 9.3.7.1.1. Key market trends, growth factors and opportunities
- 9.3.7.1.2. Market size and forecast, by Power Device
- 9.3.7.1.3. Market size and forecast, by Voltage
- 9.3.7.1.4. Market size and forecast, by Current Rating
- 9.3.7.1.5. Market size and forecast, by Circuit Configuration
- 9.3.7.1.6. Market size and forecast, by Industry Vertical
- 9.3.7.2. Germany
- 9.3.7.2.1. Key market trends, growth factors and opportunities
- 9.3.7.2.2. Market size and forecast, by Power Device
- 9.3.7.2.3. Market size and forecast, by Voltage
- 9.3.7.2.4. Market size and forecast, by Current Rating
- 9.3.7.2.5. Market size and forecast, by Circuit Configuration
- 9.3.7.2.6. Market size and forecast, by Industry Vertical
- 9.3.7.3. France
- 9.3.7.3.1. Key market trends, growth factors and opportunities
- 9.3.7.3.2. Market size and forecast, by Power Device
- 9.3.7.3.3. Market size and forecast, by Voltage
- 9.3.7.3.4. Market size and forecast, by Current Rating
- 9.3.7.3.5. Market size and forecast, by Circuit Configuration
- 9.3.7.3.6. Market size and forecast, by Industry Vertical
- 9.3.7.4. Rest of Europe
- 9.3.7.4.1. Key market trends, growth factors and opportunities
- 9.3.7.4.2. Market size and forecast, by Power Device
- 9.3.7.4.3. Market size and forecast, by Voltage
- 9.3.7.4.4. Market size and forecast, by Current Rating
- 9.3.7.4.5. Market size and forecast, by Circuit Configuration
- 9.3.7.4.6. Market size and forecast, by Industry Vertical
- 9.4. Asia-Pacific
- 9.4.1. Key trends and opportunities
- 9.4.2. Market size and forecast, by Power Device
- 9.4.3. Market size and forecast, by Voltage
- 9.4.4. Market size and forecast, by Current Rating
- 9.4.5. Market size and forecast, by Circuit Configuration
- 9.4.6. Market size and forecast, by Industry Vertical
- 9.4.7. Market size and forecast, by country
- 9.4.7.1. China
- 9.4.7.1.1. Key market trends, growth factors and opportunities
- 9.4.7.1.2. Market size and forecast, by Power Device
- 9.4.7.1.3. Market size and forecast, by Voltage
- 9.4.7.1.4. Market size and forecast, by Current Rating
- 9.4.7.1.5. Market size and forecast, by Circuit Configuration
- 9.4.7.1.6. Market size and forecast, by Industry Vertical
- 9.4.7.2. Japan
- 9.4.7.2.1. Key market trends, growth factors and opportunities
- 9.4.7.2.2. Market size and forecast, by Power Device
- 9.4.7.2.3. Market size and forecast, by Voltage
- 9.4.7.2.4. Market size and forecast, by Current Rating
- 9.4.7.2.5. Market size and forecast, by Circuit Configuration
- 9.4.7.2.6. Market size and forecast, by Industry Vertical
- 9.4.7.3. India
- 9.4.7.3.1. Key market trends, growth factors and opportunities
- 9.4.7.3.2. Market size and forecast, by Power Device
- 9.4.7.3.3. Market size and forecast, by Voltage
- 9.4.7.3.4. Market size and forecast, by Current Rating
- 9.4.7.3.5. Market size and forecast, by Circuit Configuration
- 9.4.7.3.6. Market size and forecast, by Industry Vertical
- 9.4.7.4. South Korea
- 9.4.7.4.1. Key market trends, growth factors and opportunities
- 9.4.7.4.2. Market size and forecast, by Power Device
- 9.4.7.4.3. Market size and forecast, by Voltage
- 9.4.7.4.4. Market size and forecast, by Current Rating
- 9.4.7.4.5. Market size and forecast, by Circuit Configuration
- 9.4.7.4.6. Market size and forecast, by Industry Vertical
- 9.4.7.5. Rest of Asia-Pacific
- 9.4.7.5.1. Key market trends, growth factors and opportunities
- 9.4.7.5.2. Market size and forecast, by Power Device
- 9.4.7.5.3. Market size and forecast, by Voltage
- 9.4.7.5.4. Market size and forecast, by Current Rating
- 9.4.7.5.5. Market size and forecast, by Circuit Configuration
- 9.4.7.5.6. Market size and forecast, by Industry Vertical
- 9.5. LAMEA
- 9.5.1. Key trends and opportunities
- 9.5.2. Market size and forecast, by Power Device
- 9.5.3. Market size and forecast, by Voltage
- 9.5.4. Market size and forecast, by Current Rating
- 9.5.5. Market size and forecast, by Circuit Configuration
- 9.5.6. Market size and forecast, by Industry Vertical
- 9.5.7. Market size and forecast, by country
- 9.5.7.1. Latin America
- 9.5.7.1.1. Key market trends, growth factors and opportunities
- 9.5.7.1.2. Market size and forecast, by Power Device
- 9.5.7.1.3. Market size and forecast, by Voltage
- 9.5.7.1.4. Market size and forecast, by Current Rating
- 9.5.7.1.5. Market size and forecast, by Circuit Configuration
- 9.5.7.1.6. Market size and forecast, by Industry Vertical
- 9.5.7.2. Middle East
- 9.5.7.2.1. Key market trends, growth factors and opportunities
- 9.5.7.2.2. Market size and forecast, by Power Device
- 9.5.7.2.3. Market size and forecast, by Voltage
- 9.5.7.2.4. Market size and forecast, by Current Rating
- 9.5.7.2.5. Market size and forecast, by Circuit Configuration
- 9.5.7.2.6. Market size and forecast, by Industry Vertical
- 9.5.7.3. Africa
- 9.5.7.3.1. Key market trends, growth factors and opportunities
- 9.5.7.3.2. Market size and forecast, by Power Device
- 9.5.7.3.3. Market size and forecast, by Voltage
- 9.5.7.3.4. Market size and forecast, by Current Rating
- 9.5.7.3.5. Market size and forecast, by Circuit Configuration
- 9.5.7.3.6. Market size and forecast, by Industry Vertical
CHAPTER 10: COMPETITIVE LANDSCAPE
- 10.1. Introduction
- 10.2. Top winning strategies
- 10.3. Product Mapping of Top 10 Player
- 10.4. Competitive Dashboard
- 10.5. Competitive Heatmap
- 10.6. Top player positioning, 2021
CHAPTER 11: COMPANY PROFILES
- 11.1. Mitsubishi Electric Corporation
- 11.1.1. Company overview
- 11.1.2. Key Executives
- 11.1.3. Company snapshot
- 11.1.4. Operating business segments
- 11.1.5. Product portfolio
- 11.1.6. Business performance
- 11.1.7. Key strategic moves and developments
- 11.2. Fuji Electric Co. Ltd.
- 11.2.1. Company overview
- 11.2.2. Key Executives
- 11.2.3. Company snapshot
- 11.2.4. Operating business segments
- 11.2.5. Product portfolio
- 11.2.6. Business performance
- 11.2.7. Key strategic moves and developments
- 11.3. Infineon Technologies AG
- 11.3.1. Company overview
- 11.3.2. Key Executives
- 11.3.3. Company snapshot
- 11.3.4. Operating business segments
- 11.3.5. Product portfolio
- 11.3.6. Business performance
- 11.3.7. Key strategic moves and developments
- 11.4. Rohm Co. Ltd.
- 11.4.1. Company overview
- 11.4.2. Key Executives
- 11.4.3. Company snapshot
- 11.4.4. Operating business segments
- 11.4.5. Product portfolio
- 11.4.6. Business performance
- 11.4.7. Key strategic moves and developments
- 11.5. STMicroelectronics N.V.
- 11.5.1. Company overview
- 11.5.2. Key Executives
- 11.5.3. Company snapshot
- 11.5.4. Operating business segments
- 11.5.5. Product portfolio
- 11.5.6. Business performance
- 11.5.7. Key strategic moves and developments
- 11.6. Microchip Technology Inc.
- 11.6.1. Company overview
- 11.6.2. Key Executives
- 11.6.3. Company snapshot
- 11.6.4. Operating business segments
- 11.6.5. Product portfolio
- 11.6.6. Business performance
- 11.6.7. Key strategic moves and developments
- 11.7. Texas Instruments Incorporated
- 11.7.1. Company overview
- 11.7.2. Key Executives
- 11.7.3. Company snapshot
- 11.7.4. Operating business segments
- 11.7.5. Product portfolio
- 11.7.6. Business performance
- 11.7.7. Key strategic moves and developments
- 11.8. Toshiba Electronic Devices & Storage Corporation
- 11.8.1. Company overview
- 11.8.2. Key Executives
- 11.8.3. Company snapshot
- 11.8.4. Operating business segments
- 11.8.5. Product portfolio
- 11.8.6. Business performance
- 11.8.7. Key strategic moves and developments
- 11.9. Renesas Electronics Corporation
- 11.9.1. Company overview
- 11.9.2. Key Executives
- 11.9.3. Company snapshot
- 11.9.4. Operating business segments
- 11.9.5. Product portfolio
- 11.9.6. Business performance
- 11.9.7. Key strategic moves and developments
- 11.10. Silan Semiconductor Manufacturing Group
- 11.10.1. Company overview
- 11.10.2. Key Executives
- 11.10.3. Company snapshot
- 11.10.4. Operating business segments
- 11.10.5. Product portfolio
- 11.10.6. Business performance
- 11.10.7. Key strategic moves and developments