The North America Intelligent Power Module Market would witness market growth of 7.6% CAGR during the forecast period (2022-2028).
In the fields of electronics, electricity, and technology, an intelligent power module is a crucial component. Various equipment in various industries use energy, and intelligent power modules are used to manage this current flow to guarantee that the equipment functions effectively. Also, the usage of technology is growing in a variety of businesses. For example, throughout the projected period, the automotive industry is anticipated to present significant prospects for the intelligent power module market. This results from the automotive industry's adoption of new technologies, particularly in electric vehicles.
The high demand for intelligent power modules in electrical equipment, electronic machinery, and the technology sector is one of the key variables affecting the intelligent power module market. Power management is the primary function of these components. IPMs are also utilized for power management and conservation, particularly in light of current worries about global warming and CO2 emissions. The increased use of technology in the industrial applications is also a significant driver of the market.
Major foreign automakers are centered in the North American region, particularly the United States, making it one of the greatest automotive industry in the world. Such developments are assisting the market's expansion because IPMs are widely employed in the automotive sector in applications including powertrains, AC compressors, oil pumps etc. As the number of electric & hybrid cars sold in North America increases, so too will the demand for intelligent power modules. Another major user for IPMs is consumer electronics, where demand is anticipated to increase as the need for smart consumer devices remains to be strong in the North American region.
The US market dominated the North America Intelligent Power Module Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $458.1 million by 2028. The Canada market is poised to grow at a CAGR of 10.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.1% during (2022 - 2028).
Based on Voltage, the market is segmented into Up To 600V, 601V - 1,200V and Above 1,200V. Based on Circuit Configuration, the market is segmented into 6-Pack, Bridge, 7-Pack and Others. Based on Vertical, the market is segmented into Industrial, Consumer Electronics, Transportation, IT & Telecommunications and Others. Based on Current Rating, the market is segmented into Up to 100A, 101A to 600A and Above 600A. Based on Power Device, the market is segmented into Insulated-Gate Bipolar Transistor (IGBT), Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Intelligent Power Module Market is Projected to reach USD 2.5 Billion by 2028, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mitsubishi Electric Corporation, Fuji Electric Co., Ltd., Infineon Technologies AG, Rohm Co., Ltd., STMicroelectronics N.V., Microchip Technology Incorporated, Texas Instruments, Inc., Toshiba Electronic Devices & Storage Corporation (Toshiba Corporation), Renesas Electronics Corporation and ON Semiconductor Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Voltage
- Up To 600V
- 601V - 1,200V
- Above 1,200V
By Circuit Configuration
By Vertical
- Industrial
- Consumer Electronics
- Transportation
- IT & Telecommunications
- Others
By Current Rating
- Up to 100A
- 101A to 600A
- Above 600A
By Power Device
- Insulated-Gate Bipolar Transistor (IGBT)
- Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET)
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Mitsubishi Electric Corporation
- Fuji Electric Co., Ltd.
- Infineon Technologies AG
- Rohm Co., Ltd.
- STMicroelectronics N.V.
- Microchip Technology Incorporated
- Texas Instruments, Inc.
- Toshiba Electronic Devices & Storage Corporation (Toshiba Corporation)
- Renesas Electronics Corporation
- ON Semiconductor Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Intelligent Power Module Market, by Voltage
1.4.2 North America Intelligent Power Module Market, by Circuit Configuration
1.4.3 North America Intelligent Power Module Market, by Vertical
1.4.4 North America Intelligent Power Module Market, by Current Rating
1.4.5 North America Intelligent Power Module Market, by Power Device
1.4.6 North America Intelligent Power Module Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. North America Intelligent Power Module Market by Voltage
4.1 North America Up To 600V Market by Country
4.2 North America 601V - 1,200V Market by Country
4.3 North America Above 1,200V Market by Country
Chapter 5. North America Intelligent Power Module Market by Circuit Configuration
5.1 North America 6-Pack Market by Country
5.2 North America Bridge Market by Country
5.3 North America 7-Pack Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Intelligent Power Module Market by Vertical
6.1 North America Industrial Market by Country
6.2 North America Consumer Electronics Market by Country
6.3 North America Transportation Market by Country
6.4 North America IT & Telecommunications Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Intelligent Power Module Market by Current Rating
7.1 North America Up to 100A Market by Country
7.2 North America 101A to 600A Market by Country
7.3 North America Above 600A Market by Country
Chapter 8. North America Intelligent Power Module Market by Power Device
8.1 North America Insulated-Gate Bipolar Transistor (IGBT) Market by Country
8.2 North America Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) Market by Country
8.3 North America Others Market by Country
Chapter 9. North America Intelligent Power Module Market by Country
9.1 US Intelligent Power Module Market
9.1.1 US Intelligent Power Module Market by Voltage
9.1.2 US Intelligent Power Module Market by Circuit Configuration
9.1.3 US Intelligent Power Module Market by Vertical
9.1.4 US Intelligent Power Module Market by Current Rating
9.1.5 US Intelligent Power Module Market by Power Device
9.2 Canada Intelligent Power Module Market
9.2.1 Canada Intelligent Power Module Market by Voltage
9.2.2 Canada Intelligent Power Module Market by Circuit Configuration
9.2.3 Canada Intelligent Power Module Market by Vertical
9.2.4 Canada Intelligent Power Module Market by Current Rating
9.2.5 Canada Intelligent Power Module Market by Power Device
9.3 Mexico Intelligent Power Module Market
9.3.1 Mexico Intelligent Power Module Market by Voltage
9.3.2 Mexico Intelligent Power Module Market by Circuit Configuration
9.3.3 Mexico Intelligent Power Module Market by Vertical
9.3.4 Mexico Intelligent Power Module Market by Current Rating
9.3.5 Mexico Intelligent Power Module Market by Power Device
9.4 Rest of North America Intelligent Power Module Market
9.4.1 Rest of North America Intelligent Power Module Market by Voltage
9.4.2 Rest of North America Intelligent Power Module Market by Circuit Configuration
9.4.3 Rest of North America Intelligent Power Module Market by Vertical
9.4.4 Rest of North America Intelligent Power Module Market by Current Rating
9.4.5 Rest of North America Intelligent Power Module Market by Power Device
Chapter 10. Company Profiles
10.1 Toshiba Electronic Devices & Storage Corporation (Toshiba Corporation)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research and Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.6 SWOT Analysis
10.2 Infineon Technologies AG
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Acquisition and Mergers:
10.2.5.2 Geographical Expansions:
10.3 Microchip Technology Incorporated
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.4 Texas Instruments, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Geographical Expansions:
10.5 Renesas Electronics Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.6 Rohm Co., Ltd.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.7 STMicroelectronics N.V.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.8 ON Semiconductor Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Acquisition and Mergers:
10.9 Mitsubishi Electric Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.5.2 Geographical Expansions:
10.10. Fuji Electric Co. Ltd.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
TABLE 1 North America Intelligent Power Module Market, 2018 - 2021, USD Million
TABLE 2 North America Intelligent Power Module Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Intelligent Power Module Market
TABLE 4 Product Launches And Product Expansions– Intelligent Power Module Market
TABLE 5 Acquisition and Mergers– Intelligent Power Module Market
TABLE 6 Geographical expansions – Intelligent Power Module Market
TABLE 7 North America Intelligent Power Module Market by Voltage, 2018 - 2021, USD Million
TABLE 8 North America Intelligent Power Module Market by Voltage, 2022 - 2028, USD Million
TABLE 9 North America Up To 600V Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Up To 600V Market by Country, 2022 - 2028, USD Million
TABLE 11 North America 601V - 1,200V Market by Country, 2018 - 2021, USD Million
TABLE 12 North America 601V - 1,200V Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Above 1,200V Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Above 1,200V Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Intelligent Power Module Market by Circuit Configuration, 2018 - 2021, USD Million
TABLE 16 North America Intelligent Power Module Market by Circuit Configuration, 2022 - 2028, USD Million
TABLE 17 North America 6-Pack Market by Country, 2018 - 2021, USD Million
TABLE 18 North America 6-Pack Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Bridge Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Bridge Market by Country, 2022 - 2028, USD Million
TABLE 21 North America 7-Pack Market by Country, 2018 - 2021, USD Million
TABLE 22 North America 7-Pack Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Intelligent Power Module Market by Vertical, 2018 - 2021, USD Million
TABLE 26 North America Intelligent Power Module Market by Vertical, 2022 - 2028, USD Million
TABLE 27 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Transportation Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Transportation Market by Country, 2022 - 2028, USD Million
TABLE 33 North America IT & Telecommunications Market by Country, 2018 - 2021, USD Million
TABLE 34 North America IT & Telecommunications Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Intelligent Power Module Market by Current Rating, 2018 - 2021, USD Million
TABLE 38 North America Intelligent Power Module Market by Current Rating, 2022 - 2028, USD Million
TABLE 39 North America Up to 100A Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Up to 100A Market by Country, 2022 - 2028, USD Million
TABLE 41 North America 101A to 600A Market by Country, 2018 - 2021, USD Million
TABLE 42 North America 101A to 600A Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Above 600A Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Above 600A Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Intelligent Power Module Market by Power Device, 2018 - 2021, USD Million
TABLE 46 North America Intelligent Power Module Market by Power Device, 2022 - 2028, USD Million
TABLE 47 North America Insulated-Gate Bipolar Transistor (IGBT) Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Insulated-Gate Bipolar Transistor (IGBT) Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) Market by Country, 2022 - 2028, USD Million
TABLE 51 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 53 North America Intelligent Power Module Market by Country, 2018 - 2021, USD Million
TABLE 54 North America Intelligent Power Module Market by Country, 2022 - 2028, USD Million
TABLE 55 US Intelligent Power Module Market, 2018 - 2021, USD Million
TABLE 56 US Intelligent Power Module Market, 2022 - 2028, USD Million
TABLE 57 US Intelligent Power Module Market by Voltage, 2018 - 2021, USD Million
TABLE 58 US Intelligent Power Module Market by Voltage, 2022 - 2028, USD Million
TABLE 59 US Intelligent Power Module Market by Circuit Configuration, 2018 - 2021, USD Million
TABLE 60 US Intelligent Power Module Market by Circuit Configuration, 2022 - 2028, USD Million
TABLE 61 US Intelligent Power Module Market by Vertical, 2018 - 2021, USD Million
TABLE 62 US Intelligent Power Module Market by Vertical, 2022 - 2028, USD Million
TABLE 63 US Intelligent Power Module Market by Current Rating, 2018 - 2021, USD Million
TABLE 64 US Intelligent Power Module Market by Current Rating, 2022 - 2028, USD Million
TABLE 65 US Intelligent Power Module Market by Power Device, 2018 - 2021, USD Million
TABLE 66 US Intelligent Power Module Market by Power Device, 2022 - 2028, USD Million
TABLE 67 Canada Intelligent Power Module Market, 2018 - 2021, USD Million
TABLE 68 Canada Intelligent Power Module Market, 2022 - 2028, USD Million
TABLE 69 Canada Intelligent Power Module Market by Voltage, 2018 - 2021, USD Million
TABLE 70 Canada Intelligent Power Module Market by Voltage, 2022 - 2028, USD Million
TABLE 71 Canada Intelligent Power Module Market by Circuit Configuration, 2018 - 2021, USD Million
TABLE 72 Canada Intelligent Power Module Market by Circuit Configuration, 2022 - 2028, USD Million
TABLE 73 Canada Intelligent Power Module Market by Vertical, 2018 - 2021, USD Million
TABLE 74 Canada Intelligent Power Module Market by Vertical, 2022 - 2028, USD Million
TABLE 75 Canada Intelligent Power Module Market by Current Rating, 2018 - 2021, USD Million
TABLE 76 Canada Intelligent Power Module Market by Current Rating, 2022 - 2028, USD Million
TABLE 77 Canada Intelligent Power Module Market by Power Device, 2018 - 2021, USD Million
TABLE 78 Canada Intelligent Power Module Market by Power Device, 2022 - 2028, USD Million
TABLE 79 Mexico Intelligent Power Module Market, 2018 - 2021, USD Million
TABLE 80 Mexico Intelligent Power Module Market, 2022 - 2028, USD Million
TABLE 81 Mexico Intelligent Power Module Market by Voltage, 2018 - 2021, USD Million
TABLE 82 Mexico Intelligent Power Module Market by Voltage, 2022 - 2028, USD Million
TABLE 83 Mexico Intelligent Power Module Market by Circuit Configuration, 2018 - 2021, USD Million
TABLE 84 Mexico Intelligent Power Module Market by Circuit Configuration, 2022 - 2028, USD Million
TABLE 85 Mexico Intelligent Power Module Market by Vertical, 2018 - 2021, USD Million
TABLE 86 Mexico Intelligent Power Module Market by Vertical, 2022 - 2028, USD Million
TABLE 87 Mexico Intelligent Power Module Market by Current Rating, 2018 - 2021, USD Million
TABLE 88 Mexico Intelligent Power Module Market by Current Rating, 2022 - 2028, USD Million
TABLE 89 Mexico Intelligent Power Module Market by Power Device, 2018 - 2021, USD Million
TABLE 90 Mexico Intelligent Power Module Market by Power Device, 2022 - 2028, USD Million
TABLE 91 Rest of North America Intelligent Power Module Market, 2018 - 2021, USD Million
TABLE 92 Rest of North America Intelligent Power Module Market, 2022 - 2028, USD Million
TABLE 93 Rest of North America Intelligent Power Module Market by Voltage, 2018 - 2021, USD Million
TABLE 94 Rest of North America Intelligent Power Module Market by Voltage, 2022 - 2028, USD Million
TABLE 95 Rest of North America Intelligent Power Module Market by Circuit Configuration, 2018 - 2021, USD Million
TABLE 96 Rest of North America Intelligent Power Module Market by Circuit Configuration, 2022 - 2028, USD Million
TABLE 97 Rest of North America Intelligent Power Module Market by Vertical, 2018 - 2021, USD Million
TABLE 98 Rest of North America Intelligent Power Module Market by Vertical, 2022 - 2028, USD Million
TABLE 99 Rest of North America Intelligent Power Module Market by Current Rating, 2018 - 2021, USD Million
TABLE 100 Rest of North America Intelligent Power Module Market by Current Rating, 2022 - 2028, USD Million
TABLE 101 Rest of North America Intelligent Power Module Market by Power Device, 2018 - 2021, USD Million
TABLE 102 Rest of North America Intelligent Power Module Market by Power Device, 2022 - 2028, USD Million
TABLE 103 Key Information – Toshiba Electronic Devices & Storage Corporation
TABLE 104 Key Information – Infineon Technologies AG
TABLE 105 Key Information – Microchip Technology Incorporated
TABLE 106 Key Information – Texas Instruments, Inc.
TABLE 107 key information – Renesas Electronics Corporation
TABLE 108 Key Information – Rohm Co., Ltd.
TABLE 109 Key Information – STMicroelectronics N.V.
TABLE 110 Key Information – ON Semiconductor Corporation
TABLE 111 key information – Mitsubishi Electric Corporation
TABLE 112 Key Information – Fuji Electric Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 SWOT Analysis: Toshiba Corporation
FIG 6 Recent strategies and developments: Infineon Technologies AG