[ad_1]
PRESS RELEASE
Published August 28, 2023
At a CAGR of 10.8% from 2023 to 2029, it is predicted that the size of the global intelligent power module market will increase from USD 1.8 billion in 2022 to USD 3.0 billion by 2029.
Growing demand for IPMs in the industrial, automotive, and consumer electronics verticals, as well as OEM focus on developing novel and efficient energy and power monitoring modules, are some of the key factors driving the growth of the intelligent power module market.
Driver: Surging global electric vehicle demand
The automotive industry is undergoing unheard-of changes on a global scale. The sector needs to improve its environmental impact immediately. It is widely believed that the electrification of vehicle powertrains—which can range from the use of start/stop technology to fully battery electric vehicles—will enable the global automotive industry to get closer to the objective of true sustainability. The foundation of the low-pollution automotive industry is electric vehicles, which can significantly reduce their carbon dioxide content and partially offset the greenhouse effect. A global organisation called SAE International has developed a number of vehicle electrification standards that can be used to create effective and safe electric vehicles. To meet some safety requirements for storage batteries, communication networks, and power generation, isolation is essential.
Restraint: Slow adoption of novel technologies and complex design of intelligent power modules (IPMs)
For the IPM market to expand quickly, new trends and technologies must be incorporated. Although new technologies and their advantages appeal to engineers, designing a control structure is difficult. As a result, the IPM market adopts new technologies at a relatively slow rate, which would restrain the technology’s development. The players in the intelligent power module market also put a lot of effort into combining various functions onto a single chip, which leads to complicated designs. Complex device design and integration require specialised skill sets, reliable methodologies, and expensive toolkits, which raises the overall cost of the devices. The high cost of the devices is expected to hamper the switching process toward advanced technological devices which is expected to restrain the intelligent power module market growth during the forecast period.
Get a Free Sample PDF of this Research Report for more Insights –
Prominent participants/ manufacturers within the Intelligent Power Devices sector who were examined:
TOSHIBA, Panasonic, RICOH Electronic Devices, STMicroelectronics, Infineon Technologies, Freescale Semiconductor, Texas Instruments Incorporated, ROHM Semiconductor, Fuji Electric, SCHUKAT Electronic and other.
Toshiba Releases 600V Small Intelligent Power Devices for Brushless DC Motor Drives
KAWASAKI, Japan—Toshiba Electronic Devices & Storage Corporation (”Toshiba”) has launched two 600V small intelligent power devices (IPD) for brushless DC motor drive applications such as air conditioners, air cleaners, and pumps. Volume shipments of “TPD4163F” and “TPD4164F,” which have output current (DC) ratings of 1A and 2A, respectively, start today.
Toshiba Releases Intelligent Power Devices That Help Reduce Mounting Areas
KAWASAKI, Japan—Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has launched two intelligent power devices that control the drive of the inductive loads of motors, solenoids, lamps and other devices used in applications such as the programmable logic controllers of industrial equipment. Shipments of the high-side switch (8-channels) “TPD2015FN” and the low-side switch (8-channels) “TPD2017FN” start today.
**Claim Exclusive Offer with 30% Discount On This Report…
Regional and Country-level Analysis:
If opting for the Global version of Intelligent Power Devices Market; then the below country analysis would be included:
– North America (the USA, Canada, and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland, and the Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the Rest of APAC)
“The intelligent power module market in Asia Pacific to grow at the highest CAGR during the forecast period.”
Asia Pacific is expected to be the largest contributor to intelligent power module market during the forecast period. Rapid industrialization and infrastructure developments are driving the growth of consumer electronics and automotive industries in China that is expected to increase the demand for intelligent power modules in the country. Additionally, there has been observed a growing number of industrial activities due to growing focus of governments on generating power through renewable sources. This ia also expected to provide opportunity for market. Thus, the surging demand for consumer electronics and automotive due to EVs and HEVs as well as other industrial activities in the region will drive huge demand for intelligent power module market in Asia Pacific.
– South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)
– the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Global Intelligent Power Devices Market Segmentation:
Market Segmentation: By Application:
Automotive
Industrial
Commercial
Construction Application
Market Segmentation: By Type:
Intelligent Power Switches
MOSFET Drivers
Thermal FETs
Motor Drivers
Purchase full of this [email protected]:
https://www.marketintelligencedata.com/report/purchase/4599756?mode=Divinesu?mode=Divine
Points Covered in Table of Content of global Intelligent Power Devices Market:
– Chapter 01: Intelligent Power Devices Executive Summary
– Chapter 02: Market Overview
– Chapter 03: Key Success Factors
– Chapter 04: Global Intelligent Power Devices Market – Pricing Analysis
– Chapter 05: Global Intelligent Power Devices Market Background
– Chapter 06: Global Intelligent Power Devices Market Segmentation
– Chapter 07: Key and Emerging Countries Analysis in Global Intelligent Power Devices Market
– Chapter 08: Global Intelligent Power Devices Market Structure Analysis
– Chapter 09: Global Intelligent Power Devices Market Competitive Analysis
– Chapter 10: Assumptions and Acronyms
– Chapter 11: Intelligent Power Devices Market Research Methodology
– Chapter 12: Case Studies
– Chapter 13: Research Findings and Conclusion
Explore Full Report With Detailed TOC Here:
Global Intelligent Power Devices market Report Scope:
Historical Period: 2017-2021
Forecast Period: 2023-2029
Base Year of the Analysis: 2022
Regions Covered: North America, Europe, Asia-Pacific, South America, Middle East and Africa
Segmentation: By Product Types, Applications, Sales Channels etc
Report Coverage: Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Quantitative units: Revenue in USD Million and CAGR from 2023 to 2030
Some of the key questions answered in the market research report include:
- How is the regional market situation?
- What are some of the worldwide constraints for the Intelligent Power Devices industry?
- Which factors are predicted to propel the growth of the primary segments?
- What impact of COVID-19 and Russia-ukraine war have on the global Intelligent Power Devices market?
- What will be the value of the Intelligent Power Devices market during 2022-2029?
- Which region will contribute notably towards the Intelligent Power Devices market value?
- Which are the major players leveraging the Intelligent Power Devices market growth?
We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.
**Seeking Comprehensive Intelligence on Different Markets? Get in Touch with Our Experts**
20% free Custom Market Research Services:
-20% Free customization.
-Five Countries can be added as per your choice.
-Five Companies can added as per your choice.
-Free customization upto 40 hours.
-Post-sales support for 1 year from the date of delivery.
inquiry:
Irfan Tamboli (Head of Sales)
Phone: + 1704 266 3234
[email protected]
This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions. If you notice any problem with this content, please feel free to reach us on [email protected]
Xherald
Xherald is passionate about offering extensive coverage of global business news. Dedicated to creating every participant’s notification, it reaches its own reader. Daily our experts offer fresh relevant information regarding what is actually occurring in Markets as well as Business. Our headlines are actually swiftly paced and extensive. Our distributor directory connects you with brand new products or services and its market situation from the most effective companies around the planet. Xherald is driven by its 500+ contributors coming from around the world. Xherald provides local as well as global market intelligence information coverage in sectors ranging from healthcare, IOT, chemicals and 17 more sectors. Our updates are quickly paced and detailed. The news we present is actually a mix of authentic content, community contributions and curated headlines announcements. All of the updates our company supplies must pass a strict criterion of genuineness, relevance and significance to our readers.
[ad_2]
Source link