$3.1 Billion Worldwide Intelligent Power Modules Industry to 2027 - Impact of COVID-19 on the Market

DUBLIN, Aug. 17, 2020 /PRNewswire/ -- The "Intelligent Power Modules - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 7th edition of this report. The 274-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Intelligent Power Modules Market to Reach $3.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Intelligent Power Modules estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$3.1 Billion by 2027, growing at a CAGR of 7.7% over the analysis period 2020-2027.

Up to 600V, one of the segments analyzed in the report, is projected to record a 7.9% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 1,200V segment is readjusted to a revised 8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $499.6 Million, While China is Forecast to Grow at 11.7% CAGR

The Intelligent Power Modules market in the U.S. is estimated at US$499.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$699.1 Million by the year 2027 trailing a CAGR of 11.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 6.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.

Above 1,200V Segment to Record 6.6% CAGR

In the global Above 1,200V segment, USA, Canada, Japan, China and Europe will drive the 6.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$233.7 Million in the year 2020 will reach a projected size of US$353.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$429.5 Million by the year 2027, while Latin America will expand at a 7.9% CAGR through the analysis period.

Competitors identified in this market include, among others:

• Fairchild Semiconductor International Inc.
• Fuji Electric Co., Ltd.
• Future Electronics Inc.
• Infineon Technologies AG
• Mitsubishi Electric Corporation
• ON Semiconductor Corporation
• Powerex, Inc.
• ROHM Co., Ltd.
• Sanken Electric Co., Ltd.
• SEMIKRON Elektronik GmbH & Co. KG
• STMicroelectronics NV
• Vincotech GmbH

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Intelligent Power Modules: An Introduction
• Growth of Electric Vehicles Boosting Demand of Intelligent Power Module
• EV/HEV & WBG Technologies Booming Power Module Packaging
• LAPEROS Liquid Crystal Polymer: A New Power Control Unit for Hybrid Vehicle
• Global Competitor Market Shares
• Intelligent Power Module Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Automotive Intelligent Power Modules Offers Integrated Solution for Vehicle On-Board Charging Applications

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 44

For more information about this report visit https://www.researchandmarkets.com/r/emo2ns

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/3-1-billion-worldwide-intelligent-power-modules-industry-to-2027---impact-of-covid-19-on-the-market-301113251.html

SOURCE Research and Markets