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).

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

PART 12: Impact of drivers and challenges

PART 13: Market trends

Increase in demand for electric and hybrid vehicles

Increasing adoption of clean energy sources

Emerging market for GaN and SiC power

semiconductors

PART 14: Buying behavior

PART 15: Vendor landscape

Competitive scenario

Key vendors

Other prominent vendors

PART 16: Summary of key figures

PART 17: Explore Technavio