Report Description
Intelligent Power Module (IPM) Market Outlook 2031:
The global Intelligent Power Module (IPM) market size was valued at USD 1.76 Billion in 2022 and is projected to reach USD 4.08 Billion by 2031, expanding at a CAGR of 9.8% during the forecast period 2023 - 2031. The growth of the market is attributed to the innovation in personal computing applications.
Intelligent power management (IPM) is a mix of equipment and programming that improves the conveyance and utilization of electrical force in PC frameworks and server farms. While the establishment of IPM includes direct upfront expense and recurring costs, the innovations can save expenses in the long haul due to decreased electric bills, fewer interruptions, and extended equipment life.
The high demand for the current IPM to battle the pandemic lead to a shortage in supply for different items despite excessive costs. The year 2020 was overwhelmed by the COVID-19 pandemic, which disrupted the market growth.
Intelligent Power Module (IPM) Market Trends, Drivers, Restraints, and Opportunities
- Increasing use of wind energy (turbines) is expected to drive the market growth for IPM devices during the forecast period.
- Rising demand for consumer electronic products across the globe is estimated to positively influence the market growth during the forecast period.
- Poor integration of multiple features can restrain market growth.
- Ongoing development of security technologies can create lucrative opportunities during the forecast period.
Scope of Intelligent Power Module (IPM) Market Report
The report on the global intelligent power module (IPM) market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Intelligent Power Module (IPM) Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Operational Voltage (600V and 1200V), Power Devices (IGBT and MOSFET), Applications, (Consumer Electronics Servo Drives, Transportation, Renewable Energy, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Mitsubishi Electric Corp; Infineon Technologies AG, Fuji Electric Co. Ltd; Fairchild Semiconductors, ROHM Co. Ltd; ST Microelectronics NV; and ON Semiconductor Corporation.
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Intelligent Power Module (IPM) Market Segment Insights
1200V segment is projected to hold a significant market share
Based on operational voltage, the market is divided into 600V and 1200V. The 1200V segment is estimated to account for a significant market share during the forecast period, as it exhibits higher system efficiency. However, the 600Vsegment is anticipated to exhibit a substantial CAGR during the forecast period.

MOSFET segment is anticipated to hold a large market share
Based on power devices, the market is segregated into IGBT and MOSFET. The IGBT (insulated-gate bipolar transistor) segment is projected to constitute a significant market share during the forecast period. On the other hand, the MOSEFET is expected to account for a major market share due to higher efficiency and wide range of applications.
Renewable energy segment is projected to expand at a considerable CAGR
Based on applications, the market is segregated into consumer electronics servo drives, transportation, renewable energy, and others. The renewable energy is projected to expand at a considerable CAGR during the forecast period.
Expansion in discharge of ozone harming substances (GHGs), especially CO2, owing to high usage of petroleum derivatives for the age of energy is probably going to increase the interest for sustainable power, spurring the segment growth.
North America to constitute a considerable market share
In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is projected to account for a key market share owing to presence of major automotive players in the region.
The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to rapid development in the automotive industry.
Segments
Operational Voltage
Power Devices
Applications
- Consumer Electronics
- Servo Drives
- Transportation
- Renewable Energy
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players in the Intelligent Power Module (IPM) Market are Mitsubishi Electric Corp; Infineon Technologies AG, Fuji Electric Co. Ltd; Fairchild Semiconductors, ROHM Co. Ltd; ST Microelectronics NV; and ON Semiconductor Corporation.
Organizations are focusing on partnering with local manufacturers and working together with other industry players to extend their market share.
In May 2019, Mitsubishi Electric Corporation dispatched one of the modules to accomplish the world's first high-thickness yield of 100A/1200V in its exchange shape bundle.

Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intelligent Power Module (IPM) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Intelligent Power Module (IPM) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intelligent Power Module (IPM) Market - Supply Chain
4.5. Global Intelligent Power Module (IPM) Market Forecast
4.5.1. Intelligent Power Module (IPM) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intelligent Power Module (IPM) Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Intelligent Power Module (IPM) Market Absolute $ Opportunity
5. Global Intelligent Power Module (IPM) Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Intelligent Power Module (IPM) Market Size and Volume Forecast by Applications
5.3.1. Consumer Electronics
5.3.2.
Servo Drives
5.3.3.
Transportation
5.3.4.
Renewable Energy
5.3.5.
Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Intelligent Power Module (IPM) Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Intelligent Power Module (IPM) Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Intelligent Power Module (IPM) Demand Share Forecast, 2019-2026
7. North America Intelligent Power Module (IPM) Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Intelligent Power Module (IPM) Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Intelligent Power Module (IPM) Market Size and Volume Forecast by Applications
7.4.1. Consumer Electronics
7.4.2.
Servo Drives
7.4.3.
Transportation
7.4.4.
Renewable Energy
7.4.5.
Others
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Intelligent Power Module (IPM) Demand Share Forecast, 2019-2026
8. Latin America Intelligent Power Module (IPM) Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Intelligent Power Module (IPM) Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Intelligent Power Module (IPM) Market Size and Volume Forecast by Applications
8.4.1. Consumer Electronics
8.4.2.
Servo Drives
8.4.3.
Transportation
8.4.4.
Renewable Energy
8.4.5.
Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Intelligent Power Module (IPM) Demand Share Forecast, 2019-2026
9. Europe Intelligent Power Module (IPM) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Intelligent Power Module (IPM) Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Intelligent Power Module (IPM) Market Size and Volume Forecast by Applications
9.4.1. Consumer Electronics
9.4.2.
Servo Drives
9.4.3.
Transportation
9.4.4.
Renewable Energy
9.4.5.
Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Intelligent Power Module (IPM) Demand Share Forecast, 2019-2026
10. Asia Pacific Intelligent Power Module (IPM) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Intelligent Power Module (IPM) Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Intelligent Power Module (IPM) Market Size and Volume Forecast by Applications
10.4.1. Consumer Electronics
10.4.2.
Servo Drives
10.4.3.
Transportation
10.4.4.
Renewable Energy
10.4.5.
Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Intelligent Power Module (IPM) Demand Share Forecast, 2019-2026
11. Middle East & Africa Intelligent Power Module (IPM) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Intelligent Power Module (IPM) Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Intelligent Power Module (IPM) Market Size and Volume Forecast by Applications
11.4.1. Consumer Electronics
11.4.2.
Servo Drives
11.4.3.
Transportation
11.4.4.
Renewable Energy
11.4.5.
Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Intelligent Power Module (IPM) Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Intelligent Power Module (IPM) Market: Market Share Analysis
12.2. Intelligent Power Module (IPM) Distributors and Customers
12.3. Intelligent Power Module (IPM) Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Mitsubishi Electric Corp
12.4.2.
Infineon Technologies AG
12.4.3.
Fuji Electric Co. Ltd
12.4.4.
Fairchild Semiconductors
12.4.5.
ROHM Co. Ltd; ST Microelectronics NV
12.4.6.
ON Semiconductor Corporation