Intelligent Power Module Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Intelligent Power Module Market Demand is Segmented by Operation Voltage (600V, 1200V), Power Device (IGBT, MOSFET), Application (Consumer Electronics, Servo Drives, Transportation, Renewable Energy), and Geography (North America, Europe, Asia Pacific, Rest of the World). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Intelligent Power Module Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Intelligent Power Module (IPM) Industry Overview

The Intelligent Power Module (IPM) market is semi-consolidated because few companies provide IPM solutions. Some major companies are Fuji Electric Co. Ltd., Infineon Technologies AG, Mitsubishi Electric Corp., ROHM Co., Ltd., Semiconductor Corporation, and others. The market has become moderately consolidated due to these businesses' dominance. However, the growing demand is anticipated to attract more players in the market, which will drive competition among the market players.

In July 2023, onsemi, a provider of intelligent power and sensing technologies, and Magna, a mobility technology company, announced a long-term supply agreement for Magna to integrate Onsemi’s EliteSiC intelligent power solutions into its eDrive systems.

In May 2022, Sensitron announced the SPG025N035P1B GaN Half Bridge Intelligent Power Module (IPM) module, which employed Efficient Power Conversion's 350 V EPC2050 eGaN FET. Sensitron reduced the size of their solution by 60% by replacing typical silicon FETs with EPC's 350 V and EPC2050 GaN FET while also boosting the module's already superb junction-to-case thermal conduction.

Intelligent Power Module (IPM) Market Leaders

  1. Mitsubishi Electric Corp.

  2. Infineon Technologies AG

  3. Fuji Electric Co. Ltd

  4. ROHM Co. Ltd

  5. ON Semiconductor Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Intelligent Power Module (IPM) Market Concentration