DUBLIN – (BUSINESS WIRE) – October 1, 2018 – The "Global Intelligent Power Module Market – by voltage rating, power device, application, region – market size, demand forecasts, company profiles, industry trends and updates (2017-2023)" has been added to the offer from ResearchAndMarkets.com.
The global intelligent power module market is expected to reach USD 2.75 billion by 2023, from USD 1.57 billion in 2017, with a CAGR of 9.79% during the period.
The increasing demand for intelligent power supply modules in consumer electronics is a major stimulus for the market. The increasing acceptance of renewable energy sources and hybrid cars stimulates the growth of the market. However, the low degree of acceptance of electronic devices with power and the large power consumption of small IGBT modules hamper market growth.
Asia-Pacific will dominate the market as a result of the increasing demand for consumer goods and the increasing energy demand in economies such as India and China. North America will have a significant market share due to the introduction of renewable energy sources and the demand for transmission of high voltage. Europe will show significant growth as a result of the demand for hybrid and electric vehicles.
Trends and updates from the industry
ST has introduced nano-intelligent power modules, which have additional package options and components to accelerate the development of engine docks from low power. Molec and INVECAS have entered into a partnership to develop Automotive Infotainment media module for intelligent vehicles. Companies ProfiledMitsubishi ElectricInfineonFuji ElectricSemikronROHMVincotechFuture ElectronicsST MicroelectronicsPowerexFairchild SemiconductorsON SemiconductorSanksRenesasTexas Instruments
Important topics covered
1. Research methodology
3. Market overview
4. Market dynamics
5. Global Intelligent Power Module Market segmentation, forecasts and trends – based on voltage value
6. Global Intelligent Power Module Market segmentation, forecasting and trends – by Power Device
7. Global Intelligent Power Module Market segmentation, forecasting and trends – per application
8. Global Intelligent Power Module Market segmentation, forecasts and trends – by region
9. Analysis of company market shares
10. Company profiles
11. Industry structure
12. Global Intelligent Power Module Market – The way forward
For more information about this report, please visit https://www.researchandmarkets.com/research/mmxdtc/global?w=4
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SOURCE: research and markets
Copyright Business Wire 2018.
PUB: 10/01/2018 12:34 PM / DISC: 10/01/2018 12:34 PM
Copyright Business Wire 2018.