Canada Intelligent Power Module Market Size & Outlook
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Canada intelligent power module market highlights
- The Canada intelligent power module market generated a revenue of USD 185.9 million in 2025 and is expected to reach USD 479.2 million by 2033.
- The Canada market is expected to grow at a CAGR of 13.2% from 2026 to 2033.
- In terms of segment, igbt was the largest revenue generating power device in 2025.
- 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 2025 | USD 185.9 million |
| Market revenue in 2033 | USD 479.2 million |
| Growth rate | 13.2% (CAGR from 2026 to 2033) |
| Largest segment | Igbt |
| Fastest growing segment | IGBT |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| 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, Canada accounted for 5.4% of the global intelligent power module market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. intelligent power module market is projected to lead the regional market in terms of revenue in 2033.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,872.2 million by 2033.
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Intelligent Power Module Market Scope
Intelligent Power Module Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CISSOID | View profile | 11-50 | Mont-saint-guibert, Brabant Wallon, Belgium, Europe | http://www.cissoid.com |
| Sensitron Semiconductor | View profile | 101-250 | Hauppauge, New York, United States, North America | http://sensitron.com |
| Semikron International | View profile | 1001-5000 | Singapore, Central Region, Singapore, Asia | https://www.semikron.com |
| Ideal Power Inc | View profile | 11 | 5508 Highway 290 West, Suite 120, Austin, TX, United States, 78735 | https://www.idealpower.com |
| Alpha & Omega Semiconductor Ltd | View profile | 2468 | 475 Oakmead Pkwy, Sunnyvale, CA, United States, 94085 | http://www.aosmd.com |
| Fuji Electric Co Ltd | View profile | 30123 | Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, Japan, 141-0032 | http://www.fujielectric.co.jp |
| ON Semiconductor Corp | View profile | 30100 | 5701 North Pima Road, Scottsdale, AZ, United States, 85250 | https://www.onsemi.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
Canada 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 83.16% in 2025. Horizon Databook has segmented the Canada intelligent power module market based on igbt, mosfet covering the revenue growth of each sub-segment from 2021 to 2033.
The market in Canada, being a key player in North America, is propelled by advancements in industrial automation and the growing electric vehicle sector. The focus on energy efficiency and government incentives for green technologies have further catalyzed the adoption of intelligent power modules.
The regional market benefits from a strong manufacturing base, which is increasingly integrating intelligent power modules to enhance productivity and energy management. The rise of IoT and AI applications within the intelligent power module domain in the region is opening new avenues for innovation, making Canada an attractive hub for both domestic and international investors.
The government has initiated efforts to modernize the electrical infrastructure in Canada, with a focus on building a smart grid that incorporates intelligent power modules for better energy management.
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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 country-level data and insights on the Canada intelligent power module market , including forecasts for subscribers. This country databook contains high-level insights into Canada intelligent power module market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Canada intelligent power module market size, by power device, 2021-2033 (US$M)
Canada Intelligent Power Module Market Outlook Share, 2025 & 2033 (US$M)
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