Intelligent Power Module (IPM) Market Vigorous Growth with CAGR of 8.79% By 2023, Segmentation by Revenue, Gross margin, Industrial Analysis

(The Express Wire via Comtex)

This report studies the global Intelligent Power Module (IPM) market, analyzes and researches the Intelligent Power Module (IPM) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market.

Global “Intelligent Power Module (IPM) Market 2019-2023” has been providing up and changing the worldwide economy as far as growth rate, revenue, deal, market proposition, and scope. The Global Intelligent Power Module (IPM) market Consumption market report is an extensive analysis of this corporate field, which has been established to be one of the most profitable business verticals in futures. The Reportspecifies the complete estimate of Global Intelligent Power Module (IPM) market business terms, in addition to presenting a brief segmentation of the industry, the expansion opportunities, as well as Key region.

Top-Listed Playersin Intelligent Power Module (IPM) Market Research Report 2019-2023

  • Mitsubishi Electric Corp
  • Infineon Technologies AG
  • Fuji Electric Co. Ltd
  • Fairchild Semiconductors
  • Semikron
  • ROHM Co.Ltd
  • Vincotech GmbH
  • Future Electronics Inc.
  • ST Microelectronics N.V.
  • Powerex Inc
  • ON Semiconductor Corporation

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Overview of Intelligent Power Module (IPM) Market:

The Global Intelligent Power Module (IPM) Market was valued at USD 1.54 billion in 2017, and is expected to reach a value of USD 2.55 billion by 2023 at a CAGR of 8.79%, during the forecast period (2018 - 2023). The scope of the report is limited to operational voltage offered by major players which include 600V, 1200V. While the end users considered in the scope of the report include Consumer Electronics, Servo Drives, Transportation, and Renewable Energy.

The use of IPM in industrial domains aids in the utilization of power optimally. This enables in the intelligent power management. This aids in increasing the system performance as a whole. Flexibility in the systems will be provided by the use of SMBus and PMBus, which is not possible with traditional analog power modules. As a product is being deployed there can be many changes that can be made, the implementation of intelligent power modules accommodates for the changes in the design or basic structure, such as the addition of a rail or the increase in the current or amperage. Compact design for the products used is also made possible through the use of intelligent power modules. The reliability of the systems is also increased owing to the implementation of intelligent power modules.

Growth of Electric Vehicles is Expected to Drive the Growth for IPM.

Many initiatives have been put in place for the development of electric cars. The growth of electric cars is expected to drive the use of intelligent power modules to drive growth in the market. The EVI Government Fleet Declaration, [email protected] campaign, Electric Vehicles Initiative are some of the initiatives put in place for the development of electric cars. The number of electric cars on the roads has been increased to 200 million electric two wheelers. More than 300 thousand electric buses, 3-4 million low speed electric vehicles (LSEVs) have been deployed indicating the rise of electric vehicles. The availability of public charging has also been increasing which further indicates the scope for the growth of electric cars. The electric cars stock has registered a growth of 60% the same year.

Automotive Sector has One of the Highest Adoption Rate for Intelligent Power Modules

The adoption of Intelligent Power Module market has seen a marked increase in the automotive industry. The manufacturing base of automotive companies is being shifted from China to Mexico and increase in foreign direct investment is contributing to the growth of industrial control systems market. The developing economies are still the primary market growth engine for the automotive industry. Countries, such as China and India are investing heavily in a variety of industries. In India, National Manufacturing Policy leads to creation of national investment and manufacturing zones, along with increasing manufacturing activity in the automation sector that will boost the demand for industrial control systems market. Emerging economies continue to need improvements in their infrastructure. Investments in roads, water and wastewater facilities, airport facilities, and power plants will boost the direct use of automotive industry.

United States is One of the Prime Markets for Intelligent Power Modules.

United States is on the verge of the fourth industrial revolution where data is being used in an extensive scale for production, and integrating the data with a wide variety of manufacturing systems throughout the supply chain. US has also been one of the largest automotive markets in the world and is home to over 13 major auto manufacturers. The automotive manufacturing has been one of the largest revenue generators for the country in the manufacturing sector.

The formation of the “Advanced Manufacturing Partnership (AMP)”, is one such initiative undertaken to bring the industry, universities, and the federal government invest in the emerging technologies has helped the country substantially to gain competitive edge in the global economy. The National network for manufacturing innovation (NNMI), was proposed by Obama, which consists of developing regional hubs, which would be involved in developing and adopting cutting-edge manufacturing technologies for making innovative products to be implemented in the manufacturing sector

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Key Highlights from Intelligent Power Module (IPM) Market Report 2019.

Revenue and Sales Estimation — Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well recognized Types and end-use industry. Additionally, macroeconomic factor and regulatory policies are as curtained in Intelligent Power Module (IPM) industry evolution and predictive analysis.

Manufacturing Analysis —the report is currently analyzed concerning various product type and application. The Intelligent Power Module (IPM) Market provides a chapter highlighting manufacturing process analysis validated via primary information collected through Industry and Key officials of profiled companies.

Competition — Leading players have been analyzed depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.

Demand and Supply and Effectiveness — Intelligent Power Module (IPM) Market report additionally provides distribution, Production, Consumption for the complete industry.

Intelligent Power Module (IPM) MarketTop Regions(regional analysis covers):-

  • North America (the USA, Canada, andMexico)
  • Europe (Germany, France, UK, Russia, andItaly)
  • Asia-Pacific (China, Japan, Korea, India, andSoutheast Asia)
  • South America, Middle East, andAfrica

Reasons to Purchase this Report

  • Growing Electric vehicles acts as a driver to the global Intelligent Power Module (IPM) market scenario
  • Analyze various perspectives of the market with the help of Porter’s five forces analysis
  • The application that is expected to dominate the market is analyzed in detail
  • The regions, which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth
  • Identify the latest developments, market shares, and strategies employed by the major market player
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

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Intelligent Power Module (IPM) Market 2019 Report Brief:-

  • The report covers forecast and analysis for the Intelligent Power Module (IPM) market on a global and regional level
  • The report includes the drivers and the restraints that affect the growth of the market
  • Detailed information about the market opportunities are discussed
  • The key target audience for the market has been determined in the report
  • The revenue generated by the prominent industry players has been analyzed in the report
  • The market numbers have been calculated using top-down and the bottom-up approaches
  • The market is segmented on the basis of product, technology, ownership, and end-user industry which in turn is bifurcated on the regional level as well
  • All the segments have been evaluated based on the present and the future trends
  • The report deals with the in-depth quantitative and qualitative analyses of the Intelligent Power Module (IPM) market
  • The report includes detailed company profiles of the prominent market players

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