Intelligent Power Module (IPM) Market Size
Automotive suppliers merged on-board charger, DC-DC converter, and auxiliary power functions into single SiC-based Intelligent
The Intelligent Power Module (IPM) Market is expected to reach USD 2.70 billion in 2025 and grow at a CAGR of 10.39% to reach USD 4.43 billion by 2030. Mitsubishi Electric Corporation, Infineon Technologies AG, Fuji Electric Co., Ltd., ON Semiconductor Corporation and Semikron Danfoss GmbH & Co. KG are the major companies operating in this market.
*Definition: The global intelligent power module market consists of intelligent power modules that have integrated functions such as over current, overload, and over voltage protection. These modules help optimize power consumption in various applications such as consumer electronics, automotive, industrial, and communication sectors.
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By operational voltage, 600 V products held 39.5% revenue in 2024; 1200 V modules are projected to grow at a 14.2% CAGR through 2030. By current rating, the ≤50 A class captured 35.1% of the Intelligent power module market size in 2024; the >100 A class is poised to rise 17.5% per year to 2030.
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