Australia Intelligent Power Module Market Size & Outlook
Australia intelligent power module market, 2018-2030 (US$M)
Related Markets
Australia intelligent power module market highlights
- The Australia intelligent power module market generated a revenue of USD 108.7 million in 2023 and is expected to reach USD 229.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, igbt was the largest revenue generating power device in 2023.
- IGBT is the most lucrative power device segment registering the fastest growth during the forecast period.
Intelligent power module market data book summary
| Market revenue in 2023 | USD 108.7 million |
| Market revenue in 2030 | USD 229.5 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Igbt |
| Fastest growing segment | IGBT |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | IGBT, MOSFET |
| Key market players worldwide | Mitsubishi Electric Corp, ON Semiconductor Corp, Infineon Technologies AG, Fuji Electric Co Ltd, STMicroelectronics NV, Ideal Power Inc, Alpha & Omega Semiconductor Ltd, Semikron International, Sensitron Semiconductor, CISSOID |
Other key industry trends
- In terms of revenue, Australia accounted for 3.7% of the global intelligent power module market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China intelligent power module market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 341.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Intelligent Power Module Market Scope
Intelligent Power Module Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 76.91% in 2023. Horizon Databook has segmented the Australia intelligent power module market based on igbt, mosfet covering the revenue growth of each sub-segment from 2018 to 2030.
Australia has been actively investing in technology and innovation, engendering opportunities for growth in the IPM sector. As the country adopts more sustainable energy practices, the demand for energy-efficient solutions, including IPMs, in renewable energy, smart grid systems, and electric vehicles is expected to surge.
Government initiatives aimed at promoting innovation and supporting the technology sector, such as research grants and tax incentives, are driving investments in IPM research and development.
The semiconductor industry in Australia is still in its nascent stage compared to other global players. Companies such as Silicon Power Corporation and Silex Systems are introducing several advancements in semiconductor technologies, including IPMs.
Reasons to subscribe to Australia intelligent power module market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia intelligent power module market databook
-
Our clientele includes a mix of intelligent power module market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia intelligent power module market , including forecasts for subscribers. This country databook contains high-level insights into Australia intelligent power module market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia intelligent power module market size, by power device, 2018-2030 (US$M)
Australia Intelligent Power Module Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
