Japan Intelligent Power Module Market Size & Outlook
Japan intelligent power module market, 2018-2030 (US$M)
Related Markets
Japan intelligent power module market highlights
- The Japan intelligent power module market generated a revenue of USD 224.2 million in 2023 and is expected to reach USD 511.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 12.5% 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 224.2 million |
| Market revenue in 2030 | USD 511.7 million |
| Growth rate | 12.5% (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, Japan accounted for 7.7% 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.
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Intelligent Power Module Market Scope
Intelligent Power Module Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 77.16% in 2023. Horizon Databook has segmented the Japan intelligent power module market based on igbt, mosfet covering the revenue growth of each sub-segment from 2018 to 2030.
Japan has a rich history of semiconductor manufacturing with a strong emphasis on research and development, making the country one of the prominent players in the global semiconductor industry, including the IPM sector.
The country's advanced manufacturing capabilities, coupled with a highly skilled workforce, have enabled Japanese companies to produce high-quality IPMs that cater to diverse applications such as industrial automation, renewable energy, and automotive electronics.
Government initiatives aimed at promoting innovation and supporting the semiconductor industry further bolster the growth of the IPM market in Japan. These initiatives include funding for research and development, tax incentives for technology companies, and collaboration opportunities with academia and research institutions.
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Target buyers of Japan intelligent power module market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Japan intelligent power module market , including forecasts for subscribers. This country databook contains high-level insights into Japan intelligent power module market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan intelligent power module market size, by power device, 2018-2030 (US$M)
Japan Intelligent Power Module Market Outlook Share, 2023 & 2030 (US$M)
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