According to the new market research report "Intelligent Power Module Market With COVID-19 Impact Analysis by Voltage Rating, Current Rating, Circuit Configuration, Power Devices (IGBT & MOSFET), Vertical (Consumer Electronics, Industrial, Automotive), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the market was valued at USD 1.5 billion in 2020 and is projected to reach USD 2.4 billion by 2025. It is expected to grow at a CAGR of 9.6% during the forecast period. Rising focus towards renewable power sources, growing adoption of electric vehicles, and increasing reliability through an enhanced level of monitoring are the key driving factors for the intelligent power module market.
Ask for PDF
Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=93744487
IGBT to account for
the largest share of the intelligent power module market
IGBT-based IPMs
combine the advantages of the low-loss high-speed IGBTs with protection
circuitry and optimized gate drive. The switching time of IGBT IPM is faster
than bipolar transistors but slower than that of MOSFETs. These IPMs
continuously monitor the power device current by using IGBT chips with advanced
current sensing capabilities. The gate(base) drive circuit is relatively
simple. The modules also provide under-voltage lockout protection and
over-temperature protection. IGBT-based IPM modules are available in the market
across all the current and voltage rating categories. Manufactured by all the
key players in the market, IGBT-based IPMs have seen continuous improvement in
packaging, power chip, and control chip technology. IPMs using 600 V IGBTs are
used in consumer and industrial applications for driving fans, pumps, and
compressors
Industrial vertical
accounted for the largest share of the intelligent power module market in 2019
The industrial
vertical comprises of industrial manufacturing, process industries, and power
& energy generation. Industrial devices, such as pumps, conveyors,
compressors, cranes, winders, extruders, and rollers, use powered modules for
controlling and protection of circuitry. Processes such as electroplating,
electrolysis, welding, lighting, induction heating, and other industrial
operations utilize power modules to use electric power efficiently and safely.
The ease of manufacturing has also led to the availability of these devices in
a vast range of ratings as well as in high voltage. Almost all the motors
employed in the industries are controlled by IPMs, for example, rolling mills,
textile mills, cement mills, compressors, pumps, fans, blowers, elevators,
rotary kilns, etc.
Browse in-depth
TOC on "Intelligent Power Module Market"
96 – Tables
64 – Figures
171 – Pages
Inquiry
before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=93744487
Asia
Pacific to account for
the largest share of the intelligent power module market by 2025
Many economically
advanced countries have their manufacturing units in the developing economies
of APAC, especially in China and India. The domestic markets in APAC are growing rapidly,
owing to the rising per capita income of the middle-class population. APAC is
the fastest-growing market for IPM, with three of the top 10 largest economies
in the world–China, India,
and Japan. This market presents a huge potential for the
growth of IPMs in the near future. Greenfield projects related to energy generation
from renewable sources are expected to provide a boost for the IPM market for
the industrial vertical. Furthermore, the region is a manufacturing hub of
consumer electronics products; therefore, IPMs have a large application in the
consumer vertical in the region.
No comments:
Post a Comment