A power integrated module is as physical containment for various power components, mostly power semiconductor devices. These power semiconductors are usually sintered or soldered on a power electronic substrate, which carries the power semiconductors, and further, provides thermal and electrical contact and also provide electrical insulation, where ever required. The global power integrated modules market is forecasted to be appraised at US$ 5,774 Mn by 2032, up from US$ 1,765 Mn in 2022, advancing at a CAGR of 12.6% during the forecast period.
The increase in demand for energy requirement is the major factor driving the growth of the market. Also, the demand for consumer products such as washing machine, refrigerators, and others are increasing with rapid pace globally, thus anticipated to boost the global power integrated market during the forecast period.
The increase in application for power integrated module is the key factor attributing the growth of the market. Power integrated modules are used in laptops, tablet, therefore increase in demand for laptop and tablet for B2C and the B2B market is expected to drive the power integrated market in forthcoming years.
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Global Power Integrated Modules Market: Competitive Landscape
Key Players
The major player operating in power integrated modules market includes Future Electronics, Mitsubishi Electric Corp., ON Semiconductor Corporation, Semikron, Fuji Electric Co., Ltd., Infineon Technologies AG., VPT, Inc., Applied Power Systems, Inc., Lectron Industries, and COSEL ASIA LTD.
Global Power Integrated Modules Market: Regional Trend
Asia Pacific is expected to dominate the power integrated modules market, owing to the surge in demand for consumer goods such as refrigerator, air conditioner, and washing machine. Also, Asia Pacific countries such as China and India are witnessing the increase in energy requirements, which is the other reason propelling the growth of the power integrated module market.
Economic production and government initiative for manufacturing sectors such as Make in India, are the major factor driving the growth of manufacturing sector, which is making Asia Pacific region emerged as the strong manufacturing hub.
In addition to above, robust manufacturing hub in Asia Pacific region coupled with wide presence major players for manufacturing consumer goods are boosting the growth of the power integrated module market during the forecast period.
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Regional analysis for Global Power Integrated Modules Market includes
North America Power Integrated Modules Market
US
Canada
Latin America Power Integrated Modules Market
Argentina
Mexico
Brazil
Rest of Latin America
Western Europe Power Integrated Modules Market
Germany
France
U.K.
Spain
Italy
Nordic
Benelux
Rest of Western Europe
Eastern Europe Power Integrated Modules Market
Poland
Russia
Asia Pacific Power Integrated Modules Market
Australia and New Zealand (A&NZ)
China
India
ASEAN
Rest of Asia Pacific
Japan Power Integrated Modules Market
Middle East and Africa Power Integrated Modules Market
GCC Countries
North Africa
South Africa
Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Global Power Integrated Modules Market: Market Segmentation
Global Power Integrated Modules Market can be divided into four segments, on the base of Power Device, Type, Application, and Region.
Segmentation on the basis of the power device for Power Integrated Modules Market as:-
IGBT
MOSFET
Segmentation on the basis of the type for Power Integrated Modules Market as:-
output power
output current
output voltage
input voltage
packaging type
dimensions.
Segmentation on the basis of the application for Power Integrated Modules Market as:-
embedded computing
controllers
processors
SAN/NAS accelerator appliance
network processors
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