Global Intelligent Power Module Market Size & Outlook
The intelligent power module industry worldwide is expected to reach a projected revenue of US$ 6,109.6 million by 2030. A compound annual growth rate of 11.2% is expected of the worldwide intelligent power module industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,910.2
Forecast, 2030 (US$M)
$6,109.6
CAGR, 2024 - 2030
11.2%
Report Coverage
Worldwide
Global intelligent power module market, 2018-2030 (US$M)
Related Markets
Global intelligent power module market highlights
- The global intelligent power module market generated a revenue of USD 2,910.2 million in 2023 and is expected to reach USD 6,109.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.2% by 2030.
- In terms of segment, igbt accounted for a revenue of USD 2,255.2 million in 2023.
- IGBT is the most lucrative power device segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,910.2 million |
| Market revenue in 2030 | USD 6,109.6 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | Igbt |
| Fastest growing segment | IGBT |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | IGBT, MOSFET |
Other key industry trends
- In terms of revenue, the North America accounted for 25.3% of the global intelligent power module market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 55.8 million by 2030.
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Intelligent Power Module Market Scope
Intelligent power module market segmentation & scope
Automotive
Industrial
Consumer Electronics
Energy & Utility
IT & Telecommunication
Others
Intelligent Power Module Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global intelligent power module market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intelligent power module market will help companies and investors design strategic landscapes.
igbt was the largest segment with a revenue share of 77.49% in 2023. Horizon Databook has segmented the Global intelligent power module market based on igbt, mosfet covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Intelligent Power Module Power Device Outlook (Revenue, USD Million, 2018-2030)
- IGBT
- MOSFET
- Global Intelligent Power Module Voltage Rating Outlook (Revenue, USD Million, 2018-2030)
- 0 V to 599 V
- 600 V to 1,199 V
- 1,200 V and above
- Global Intelligent Power Module Application Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Industrial
- Consumer Electronics
- Energy & Utility
- IT & Telecommunication
- Others
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Our clientele includes a mix of intelligent power module market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global intelligent power module market , including forecasts for subscribers. This global databook contains high-level insights into Global intelligent power module market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global intelligent power module market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Intelligent power module market size, 2023 (USD Million)
Top 10 countries: Intelligent power module market size, 2023 (USD Million)
Global intelligent power module market, by region, 2023 (US$M)
Related regional statistics
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