Future Market Insights
The power integrated modules market has been growing at a good pace over the last few years. It is projected to see a substantial increase in the growth due to rising demand for consumer goods. The rising demand for consumer goods such as refrigerators, computers, television, etc. could aid in the expansion of the global power integrated modules market.
Solar Modules to Propel Growth
The solar run power modules results in power saving and cost efficiency. Additionally, recently there has been price reduction in solar power modules in some parts of the global market. This might result in the expansion of the global power integrated modules market.
Advanced Power Modules to Surge Power Integrated Modules Market
The increasing technological innovation has led to advanced power module to enter the market. With increasing dependence on power modules, we need the drives that are interconnected with switching devices.
All these benefits offered by advanced power modules could lead the manufacturing companies to switch to this product type and invest in more technological investment in this market. As a result, this could lead to the growth opportunities in the global power integrated modules market
A power integrated module is as physical containment for various power components, mostly power semiconductor devices. These power semiconductors are usually sintered or soldered on a power electronic substrate, which carries the power semiconductors, and further, provides thermal and electrical contact and also provide electrical insulation, where ever required.
Power Integrated Modules Market: Drivers and Restraints
The increase in demand for energy requirement is the major factor driving the growth of the market. Also, the demand for consumer products such as washing machine, refrigerators, and others are increasing with rapid pace globally, thus anticipated to boost the global power integrated market during the forecast period.
The increase in application for power integrated module is the key factor attributing the growth of the market. Power integrated modules are used in laptops, tablet, therefore increase in demand for laptop and tablet for B2C and the B2B market is expected to drive the power integrated market in forthcoming years.
Global Power Integrated Modules Market: Market Segmentation
Global Power Integrated Modules Market can be divided into four segments, on the base of Power Device, Type, Application, and Region.
Segmentation on the basis of the power device for Power Integrated Modules Market as:-
The major segments of Power Integrated Modules Market on the basis of the power device include IGBT and MOSFET.
Segmentation on the basis of the type for Power Integrated Modules Market as:-
The major segments of power integrated modules market on the basis of the type include output power, output current, output voltage, input voltage, packaging type, and dimensions.
Input voltage type power integrated module are further segmented on the basis of ranges such as 26 to 55 V and 38 to 55 V 500 to 2500 mV. The input voltage type power integrated module also bifurcated in various ranges up to 360 to 400V.
Segmentation on the basis of the application for Power Integrated Modules Market as:-
The major segments of power integrated modules market on the basis of the application include embedded computing, controllers, processors, SAN/NAS accelerator appliance, network processors and noise sensitive applications. The other applications of power integrated modules include tablet PCs, 1-cell Li+ powered devices, personal navigation device, and mobile internet devices.
Global Power Integrated Modules Market: Competitive Landscape
The major player operating in power integrated modules market includes Future Electronics, Mitsubishi Electric Corp., ON Semiconductor Corporation, Semikron, Fuji Electric Co., Ltd., Infineon Technologies AG., VPT, Inc., Applied Power Systems, Inc., Lectron Industries, and COSEL ASIA LTD.
On 9May 2017, Infineon Technologies AG a German-based semiconductor manufacturer, launched the CIPOS™ Mini featuring PFC (power factor correction).
Global Power Integrated Modules Market: Regional Trend
Asia Pacific is expected to dominate the power integrated modules market, owing to the surge in demand for consumer goods such as refrigerator, air conditioner, and washing machine. Also, Asia Pacific countries such as China and India are witnessing the increase in energy requirements, which is the other reason propelling the growth of the power integrated module market.
Economic production and government initiative for manufacturing sectors such as Make in India, are the major factor driving the growth of manufacturing sector, which is making Asia Pacific region emerged as the strong manufacturing hub.
In addition to above, robust manufacturing hub in Asia Pacific region coupled with wide presence major players for manufacturing consumer goods are boosting the growth of the power integrated module market during the forecast period.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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