Smart Power Module Market Profile | Dynamics and Key Players | Forecast To 2028

 dhiraj tekale
  26th-Jul-2019
 36
GP9_1564138810_1.jpg Market Research

Smart Power Module Market is anticipated to witness an exponential growth in the forecast period. Factors such as acceptance of intelligent power module in the market, developing economies emphasizing on improvements in their infrastructure, technological advancement, rising disposable income, huge investments in water & wastewater amenities, roads, power plants, and airport services are likely to drive the market in forthcoming period.

On the other hand, design-related challenges associated with SiC-based intelligent power modules and slow acceptance of new technologies are anticipated to hinder smart power module market growth in the future. However, surge in the automotive industry is likely to create lucrative opportunities for the market.

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Market Segment:

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

• IGBT Based

• MOSFET Based

• Other

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Smart Power Module for each application, including

• Industrial Drives

• Consumer

• Automotive

• Renewables

• Traction

• Other

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Globally, market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market could be explored by current rating, voltage rating, circuit configuration, vertical, power device, application and geography. Smart power module market could be explored by voltage rating as 1,200V, Up to 600V and Above 1,200V.

The smart power module market could be explored based on power device as IGBT-Based IPM and MOSFET-Based IPM. The “IGBT-based” segment accounted for a prominent share in the market owing to advantages of the low-loss high-speed IGBTs with optimized and protection gate drive circuitries.

Key players operating in the smart power module market include Infineon Technologies AG, Mitsubishi Electric Corp, Fuji Electric Co. Ltd, Semikron, Fairchild Semiconductors, ROHM Co., Ltd, Future Electronics Inc., Vincotech GmbH, ST Microelectronics N.V., ON Semiconductor Corporation and Powerex Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Domain: Electronics
Category: Business
Contributing Organization:
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