Albany, NY -- (SBWIRE) -- 11/28/2016 -- 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 easily 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).

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

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Covered in this report

The report covers the present scenario and the growth prospects of the global intelligent power module market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IPMs worldwide across segments.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

Technavio's report, 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.

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Key vendors
Infineon Technologies
Mitsubishi Electric
Fuji Electric
SEMIKRON
ON Semiconductor

Other prominent vendors
STMicroelectronics
Renesas Electronics Corporation
ROHM Semiconductor
Texas Instruments
Powerex
Vincotech

Market driver
Demand for modular power solutions in renewable energy applications.
For a full, detailed list, view our report

Market challenge
Demand for modular power solutions in renewable energy applications.
For a full, detailed list, view our report

Market trend
Increase in demand for electric and hybrid vehicles.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Table of Contents

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Common currency conversion rates
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Product life cycle of IPM
Parameters used at each stage
Analysis
PART 06: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 07: Market segmentation by application
Global IPM market: Industrial applications
Global IPM market: Consumer applications
PART 08: Geographical segmentation
IPM market in APAC
IPM market in EMEA
IPM market in Americas
PART 09: Market drivers
Demand for modular power solutions in renewable energy applications
Increasing need for higher power density
Need for IPMs in rail traction
Need for energy savings
Growing penetration of HVDC lines
PART 10: Impact of drivers
PART 11: Market challenges
Reduction in size of IGBT modules leading to high power dissipation
Low adoption rate of power electronic devices
Grid fault in power semiconductor devices

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