Intelligent Power Modules Market
                      
Intelligent Power Modules Market Forecast 2023 
   
I ntelligent   Power Modules 
M arket Report-Forecast 2023 
 
 
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Intelligent Power Modules Market Forecast 2023 
  
 
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Intelligent Power Modules Market Forecast 2023 
Summary  
Intelligent power modules are high voltage integrated devices which are capable of 
delivering high voltage output of more than 1200V over a single SIP (system-in-
package) module. The output voltages are transmitted through IGBT (Insulated Gate 
Biased Transistor) for gate shutdown at abnormal conditions, which acts as protection 
for the circuit. The features of intelligent power modules are overcurrent protection 
circuit, under-voltage lockout for various channels, motor control system, upper or 
lower prevention circuits and many more. These devices can be integrated into many 
applications like controllers, network processors, low noise applications, embedded 
computing, and many more. 
 
The rising demand for intelligent power modules in consumer electronics is majorly 
driving the market. The high performance and high voltage level shifting of intelligent 
power modules are increasing the demand for consumer electronics like air 
conditioners, washing machines, refrigerators, and many more. The rising trend of 
renewable energy resources and hybrid automotive are fuelling the growth of 
intelligent power modules. The emerging trends in the electronics industry and 
demand for GaN and SiC power semiconductors might power the market through the 
forecast period. However, the low adoption rate of power electronic devices and high-
power dissipation of small IGBT modules are hampering the market growth. 
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Intelligent Power Modules Market Forecast 2023 
Major Key Players: 
Some of the key players in the global intelligent power modules are Mitsubishi Electric 
Corp. (Japan), Fuji Electric Co., Ltd. (Japan), Semikron (Germany), Infineon 
Technologies AG (Germany), ON Semiconductor Corporation (U.S.), 
STMicroelectronics N.V. (Switzerland), ROHM Co., Ltd. (Japan), Sanken Electric Co., 
Ltd. (Japan), Fairchild Semiconductor International, Inc. (U.S.), Future Electronics Inc. 
(Canada) and others. The key players are constantly innovating and heavily investing 
in research and development activities to generate cost-effective product portfolio.  
 
Some of the key innovators in this area are Renesas Electronics Corporation (Japan), 
Texas Instruments (U.S.), Digi-Key Electronics (U.S.), NXP Semiconductors (the 
Netherlands), Taiwan Semiconductor (Taiwan), Hon Hai Precision Industry Co., Ltd 
(Taiwan), Samsung Electronics (South Korea), Panasonic Corporation (Japan), Intel 
Corporation (U.S.) and others. 
 
 
 
 
 
 
 
 
 
 
 
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Intelligent Power Modules Market Forecast 2023 
Segmentation:  
 
The market for global intelligent power modules market is segmented into voltage 
rating, current rating, circuit configuration, power device, application areas, and 
region. On the basis of voltage rating, the segment is further classified as, up to 600V, 
601-1200V and more than 1200V. On the basis of the current rating, the segment is 
further classified into up to 100A, 101-600A, and more than 600A. On the basis of the 
circuit configuration, the segment is further classified into 6-pac, 7-pac, dual, Phase 
Bridge, and others. On the basis of power device the segment is further classified into 
IGBT (Insulate Gate Bi-Polar Transistor) and MOSFET (Metal-Oxide-Semiconductor 
Field-Effect Transistor). On the basis of application areas, the segment is further 
classified into consumer electronics, automotive, renewable energy, servo drives, UPS, 
and others. 
 
 
 
 
 
 
 
 
 
 
 
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Intelligent Power Modules Market Forecast 2023 
Regional Analysis:  
The global intelligent power modules market is studied in North America, Europe, Asia 
Pacific and rest of the world. Asia Pacific is estimated to hold the major market share 
for global intelligent power modules during the forecast period. The presence of major 
key players in the region coupled with the rising demand from consumer electronics 
is driving the market in the region. The low manufacturing costs and supporting 
government policies are fuelling the market growth in this region. North America is 
estimated to hold a significant share in the forecast period. The rising adoption of 
renewable energy resources and demand for high voltage transmissions without 
much losses in developed countries are driving the market in this region. In Europe, 
the demand for hybrid and electric vehicles are resulting to show considerable growth 
in the intelligent power modules market. 
 
 
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