Technavio
Announces the Publication of its Research Report Global Intelligent PowerModule Market 2016-2020
Technavio recognizes the following companies as the key players in the global intelligent power module market: Infineon Technologies, Mitsubishi Electric, Fuji Electric, SEMIKRON, and ON Semiconductor.
Other prominent vendors in the market are: STMicroelectronics, Renesas Electronics, ROHM Semiconductor, Texas Instruments, Powerex, and Vincotech.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is increasing adoption of clean energy sources. The growing focus on the development of low carbon societies has increased the use of renewable sources of energy such as solar power and wind power. IPMs' unique features, such as high rated current, low power loss, and robustness, have led to their large-scale use in renewable energy applications. For instance, the major applications of IGBT-based IPMs in wind turbines are in adjustable speed motor drives. They are also used in power generation plants and circulation systems. The increased need for increased thermal capacity and power cycling capacity is also playing a significant role in driving the adoption of IGBT-based IPMs for wind turbine applications. In addition, IGBT-based IPMs are used in solar inverters to convert the solar panel output to AC voltage in solar power plants. Thus, IPM's low on-state voltage drop, superior on-state current density, and excellent forward and reverse blocking capabilities make them highly suitable for renewable energy applications.”
According to the report, one of the primary drivers in the market is demand for modular power solutions in renewable energy applications. Intelligent power modules are used in renewable energy applications such as wind converters and photovoltaic solar energy systems. They are widely used in applications that convert clean energy sources such as photovoltaic and wind energy into usable commercial power. IGBT-based IPMs have a high switching frequency, which helps to reduce power consumption, as well as decrease heat dissipation and conserve energy. They are used in the generation, transmission, and supply of power. They have a low on-state voltage drop and high on-state power density, which helps in the manufacturing of smaller integrated chip packages that conserve energy. This technology is extensively used in inductive heating cookers, high-frequency welding equipment, motor drives, uninterruptible power supplies, wind power generators, and solar power generators.
Technavio recognizes the following companies as the key players in the global intelligent power module market: Infineon Technologies, Mitsubishi Electric, Fuji Electric, SEMIKRON, and ON Semiconductor.
Other prominent vendors in the market are: STMicroelectronics, Renesas Electronics, ROHM Semiconductor, Texas Instruments, Powerex, and Vincotech.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is increasing adoption of clean energy sources. The growing focus on the development of low carbon societies has increased the use of renewable sources of energy such as solar power and wind power. IPMs' unique features, such as high rated current, low power loss, and robustness, have led to their large-scale use in renewable energy applications. For instance, the major applications of IGBT-based IPMs in wind turbines are in adjustable speed motor drives. They are also used in power generation plants and circulation systems. The increased need for increased thermal capacity and power cycling capacity is also playing a significant role in driving the adoption of IGBT-based IPMs for wind turbine applications. In addition, IGBT-based IPMs are used in solar inverters to convert the solar panel output to AC voltage in solar power plants. Thus, IPM's low on-state voltage drop, superior on-state current density, and excellent forward and reverse blocking capabilities make them highly suitable for renewable energy applications.”
According to the report, one of the primary drivers in the market is demand for modular power solutions in renewable energy applications. Intelligent power modules are used in renewable energy applications such as wind converters and photovoltaic solar energy systems. They are widely used in applications that convert clean energy sources such as photovoltaic and wind energy into usable commercial power. IGBT-based IPMs have a high switching frequency, which helps to reduce power consumption, as well as decrease heat dissipation and conserve energy. They are used in the generation, transmission, and supply of power. They have a low on-state voltage drop and high on-state power density, which helps in the manufacturing of smaller integrated chip packages that conserve energy. This technology is extensively used in inductive heating cookers, high-frequency welding equipment, motor drives, uninterruptible power supplies, wind power generators, and solar power generators.
Know more about sample report: https://marketreportscenter.com/reports/470073/global-intelligent-power-module-market-2016-2020#
Further, the
report states that one major challenge in the market is low adoption rate of
power electronic devices. The high cost of power electronic devices will be a
major challenge in the market during the forecast period. For instance, power
discrete devices have a high power density, with the ability to handle high
power surges in the range of 0-1,000 Amps. Thus, the cost of power discrete
devices will be high on an ampere-per-dollar basis. Therefore, the use of power
electronic devices is limited in applications such as low-voltage motor
control, welding, and UPS. These applications are seeing a low adoption of
these devices due to their premium price. A number of SMEs manufacturing
electronics devices for the consumer market are keen on adopting power
electronics devices. However, the high price is hampering the adoption of power
electronic devices during the forecast period.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470073
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470073
About Intelligent Power Module
Power modules consist of multiple discrete power semiconductor devices. Power module packages offer higher power density and are more reliable than discrete power semiconductors. Original equipment manufacturers will continue to demand modular power solutions, which can be integrated easily into different subsystems and used in many different devices, during the forecast period. Power modules are widely used in applications such as in inverters for wind converters, photovoltaic solar energy systems, and other renewable energy applications. They are also used in industrial motor drives and hybrid and electric vehicles (EVs).
Technavio’s analysts forecast the global intelligent power module market to grow at a CAGR of 8.93% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global intelligent power module market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IPMs worldwide across segments.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Intelligent Power Module Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Infineon Technologies
• Mitsubishi Electric
• Fuji Electric
• SEMIKRON
• ON Semiconductor
Other prominent vendors
• STMicroelectronics
• Renesas Electronics Corporation
• ROHM Semiconductor
• Texas Instruments
• Powerex
• Vincotech
Market driver
• Demand for modular power solutions in renewable energy applications.
• For a full, detailed list, view our report
Market challenge
• Demand for modular power solutions in renewable energy applications.
• For a full, detailed list, view our report
Market trend
• Increase in demand for electric and hybrid vehicles.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Power modules consist of multiple discrete power semiconductor devices. Power module packages offer higher power density and are more reliable than discrete power semiconductors. Original equipment manufacturers will continue to demand modular power solutions, which can be integrated easily into different subsystems and used in many different devices, during the forecast period. Power modules are widely used in applications such as in inverters for wind converters, photovoltaic solar energy systems, and other renewable energy applications. They are also used in industrial motor drives and hybrid and electric vehicles (EVs).
Technavio’s analysts forecast the global intelligent power module market to grow at a CAGR of 8.93% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global intelligent power module market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IPMs worldwide across segments.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Intelligent Power Module Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Infineon Technologies
• Mitsubishi Electric
• Fuji Electric
• SEMIKRON
• ON Semiconductor
Other prominent vendors
• STMicroelectronics
• Renesas Electronics Corporation
• ROHM Semiconductor
• Texas Instruments
• Powerex
• Vincotech
Market driver
• Demand for modular power solutions in renewable energy applications.
• For a full, detailed list, view our report
Market challenge
• Demand for modular power solutions in renewable energy applications.
• For a full, detailed list, view our report
Market trend
• Increase in demand for electric and hybrid vehicles.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table
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