France Intelligent Power Module Market Size & Outlook
France intelligent power module market, 2018-2030 (US$M)
Related Markets
France intelligent power module market highlights
- The France intelligent power module market generated a revenue of USD 134.2 million in 2023 and is expected to reach USD 273.9 million by 2030.
- The France market is expected to grow at a CAGR of 10.7% 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 134.2 million |
| Market revenue in 2030 | USD 273.9 million |
| Growth rate | 10.7% (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, France accounted for 4.6% 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 Europe, Germany intelligent power module market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 410.3 million by 2030.
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Intelligent Power Module Market Scope
Intelligent Power Module Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 77.35% in 2023. Horizon Databook has segmented the France intelligent power module market based on igbt, mosfet covering the revenue growth of each sub-segment from 2018 to 2030.
The France intelligent power module market is witnessing growth owing to the increasing need for energy-efficient solutions and the growing adoption of renewable energy in the country. The French government is taking initiatives to reduce energy consumption.
For instance, in October 2022, the French government announced an energy efficiency plan that aimed to reduce energy consumption by 10% by 2024. The government slated 15 important measures to reduce energy consumption, such as encouraging people to carpool.
According to government sources, renewable energy consumption in the country grew by 1.4 percentage points from 2021 to 2022, accounting for 20.7% of the gross final energy consumption in the country in 2022. Intelligent power modules are used in renewable energy systems.
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Horizon Databook provides a detailed overview of country-level data and insights on the France intelligent power module market , including forecasts for subscribers. This country databook contains high-level insights into France intelligent power module market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France intelligent power module market size, by power device, 2018-2030 (US$M)
France Intelligent Power Module Market Outlook Share, 2023 & 2030 (US$M)
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