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Intelligent Power Module Market worth $2 7 billion by 2025, at a CAGR of 12 2%

Share: “Intelligent Power Module Market” [171 Pages] Intelligent Power Module Market categrizes the Global market by Voltage Rating, Current Rating, Circuit Configuration, Power Devices (IGBT & MOSFET), Vertical (Consumer Electronics, Industrial, Automotive), and Region. COVID-19 Impact on Intelligent Power Module Industry. The report “Intelligent Power Module Market With COVID-19 Impact Analysis by Voltage Rating, Current Rating, Circuit Configuration, Power Devices (IGBT & MOSFET), Vertical (Consumer Electronics, Industrial, Automotive), and Region – Global Forecast to 2025″, was valued at USD 1.6 billion in 2020 and is projected to reach USD 2.7 billion by 2025. It is expected to grow at a CAGR of 12.2% during the forecast period. Growing focus of worldwide governments on generating power using renewable sources, rising adoption of electric vehicles globally, increasing use of IPMs to improve system reliability and performance, and surging utilization of IPMs in the

Intelligent Power Module Market worth $2 4 billion by 2025

Intelligent Power Module Market worth $2 4 billion by 2025 - Exclusive Report by MarketsandMarkets

Intelligent Power Module Market worth $2.4 billion by 2025 - Exclusive Report by MarketsandMarkets Intelligent Power Module Market With COVID-19 Impact Analysis by Voltage Rating, Current Rating, Circuit Configuration, Power Devices (IGBT & MOSFET), Vertical (Consumer Electronics, Industrial, Automotive), and Region - Global Forecast to 2025 , published by MarketsandMarkets, the market was valued at USD 1.5 billion in 2020 and is projected to reach USD 2.4 billion by 2025. It is expected to grow at a CAGR of 9.6% during the forecast period. Rising focus towards renewable power sources, growing adoption of electric vehicles, and increasing reliability through an enhanced level of monitoring are the key driving factors for the intelligent power module market.

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