Global Intelligent Power Module (IPM) Market 2021 is expected to register a CAGR of 8.79%, during forecast period with Impact of Covid 19 Analysis

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Global “Intelligent Power Module (IPM) Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Intelligent Power Module (IPM) in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Intelligent Power Module (IPM) Market report categorizes the market based on manufacturers, regions, type, and application. Intelligent Power Module (IPM) Market reports offer a detailed assessment of the Intelligent Power Module (IPM) including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Intelligent Power Module (IPM) market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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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 & 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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The global Intelligent Power Module (IPM) market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Intelligent Power Module (IPM) Market Report covers the Top Key-players in 2021:-

  • 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

Highlighted points of Intelligent Power Module (IPM) Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Intelligent Power Module (IPM) Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Intelligent Power Module (IPM)? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Intelligent Power Module (IPM) Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Intelligent Power Module (IPM) Market? What Was Capacity, Production Value, Cost and PROFIT of Intelligent Power Module (IPM) Market?
  • What Is Current Market Status of Intelligent Power Module (IPM) Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Intelligent Power Module (IPM) Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Intelligent Power Module (IPM) Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Intelligent Power Module (IPM) Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Intelligent Power Module (IPM) Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Intelligent Power Module (IPM) Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Intelligent Power Module (IPM) Industry?

Key Developments in the Intelligent Power Module (IPM) Market:

  • February 2018 – Molex and INVECAS have entered into a collaborative partnership to develop Automotive Infotainment Media Module for intelligent vehicles
  • September 2017 – ST has introduced nano intelligent power modules, which has additional package

    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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    Finally, the report Global Intelligent Power Module (IPM) Market 2021 describes the Intelligent Power Module (IPM) industry expansion game plan, the Intelligent Power Module (IPM) industry knowledge supply, appendix, analysis findings, and the conclusion.

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