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Global Intelligent Power Module Market 2016-2020: Increase in Demand for Electric and Hybrid Vehicles - Research and Markets

[January 09, 2017]

Global Intelligent Power Module Market 2016-2020: Increase in Demand for Electric and Hybrid Vehicles - Research and Markets

Research and Markets has announced the addition of the "Global Intelligent Power Module Market 2016-2020" report to their offering.

The global intelligent power module market to grow at a CAGR of 8.93% during the period 2016-2020.

Global Intelligent Power Module Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the sales of IPMs worldwide across segments.

Power modules consist of multiple discrete power semiconductor devices. Power module packages offer higher power density and are more reliable than discrete power semiconductors. Original equipment manufacturers will continue to demand modular power solutions, which can be integrated easil into different subsystems and used in many different devices, during the forecast period. Power modules are widely used in applications such as in inverters for wind converters, photovoltaic solar energy systems, and other renewable energy applications. They are also used in industrial motor drives and hybrid and electric vehicles (EVs).

Key vendors