Power modules consist of multiple discrete power semiconductor devices. Power module packages offer higher power density and are more reliable than discrete power semiconductors. Original equipment manufacturers will continue to demand modular power solutions, which can be integrated easily into different subsystems and used in many different devices, during the forecast period. Power modules are widely used in applications such as in inverters for wind converters, photovoltaic solar energy systems, and other renewable energy applications. They are also used in industrial motor drives and hybrid and electric vehicles (EVs).
Technavio’s analysts forecast the global intelligent power module market to grow at a CAGR of 8.93% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global intelligent power module market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IPMs worldwide across segments.
The market is divided into the following segments based on geography:
- Americas - APAC - EMEA
Technavio's report, Global Intelligent Power Module Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Infineon Technologies - Mitsubishi Electric - Fuji Electric - SEMIKRON - ON Semiconductor
- Demand for modular power solutions in renewable energy applications. - For a full, detailed list, view our report
Market challenge
- Demand for modular power solutions in renewable energy applications. - For a full, detailed list, view our report
Market trend
- Increase in demand for electric and hybrid vehicles. - For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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Semiconductor
World
Europe
North America
APAC
China
Semiconductor Production
Electronics Production
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