MOSFET IPM Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 3.8 Billion by 2030, growing at a CAGR of 8.2% from 2024 to 2030.
The MOSFET IPM (Intelligent Power Module) market has undergone significant growth from 2018 to 2022, driven by advancements in power electronics and the increasing demand for efficient energy conversion. As the adoption of electric vehicles (EVs), renewable energy, and automation in various industries rises, the MOSFET IPM market has shown strong potential for continued expansion. MOSFET IPMs are integral to managing high-power applications with high reliability, offering efficient thermal management, compactness, and ease of integration. As of 2022, the market was valued at approximately USD 4.8 billion and is expected to grow at a CAGR of 7.5% from 2023 to 2033. However, compared to the rapid expansion from 2018-2022, the growth trajectory from 2023 onwards will be shaped by newer technologies such as wide bandgap semiconductors and the increasing role of AI and machine learning in power systems optimization.
The demand for MOSFET IPMs is largely driven by the automotive and industrial sectors, which have seen a surge in applications for high-performance power management. In the automotive sector, EVs and hybrid electric vehicles (HEVs) are major contributors to the demand for these modules. Electric powertrains, onboard chargers, and motor drives are becoming more reliant on MOSFET IPMs for energy efficiency. Additionally, the industrial automation market has seen an uptick in applications like robotics, conveyor systems, and motor drives. Furthermore, the growing reliance on renewable energy systems, such as solar and wind power, also contributes to increased demand for power modules that can efficiently handle variable energy inputs and outputs. As a result, companies like Mitsubishi Electric, Infineon Technologies, and Toshiba have been advancing their MOSFET IPM offerings to meet these evolving demands.
Despite strong growth, the market is faced with challenges related to high initial costs and the technical complexity of integration, particularly with the increasing emphasis on integrating AI and IoT into power systems. As demand shifts from conventional silicon-based solutions to next-generation wide bandgap semiconductors, such as SiC and GaN, the competitive landscape will evolve, presenting both challenges and opportunities for market players. Furthermore, with the adoption of electric vehicles set to skyrocket, there will be a significant increase in demand for MOSFET IPMs capable of operating efficiently in a wide range of temperature conditions, further driving technological advancements.
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ROHM
Infineon Technologies
STMicroelectronics
Onsemi
Mitsubishi Electric
Elevation Semiconductor
CR Micro
Panatronic Japan Inc
Shanghai Coolsemi
Jilin Sino-Microelectronics
Hangzhou Silan Microelectronics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global MOSFET IPM Market
Home Appliances
Automotive
Indutrial Control
Rail Transit
Others
Based on Types the Market is categorized into Below types that held the largest MOSFET IPM market share In 2023.
LV MOSFET IPM
HV MOSFET IPM
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global MOSFET IPM Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global MOSFET IPM Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global MOSFET IPM Market, By Type
6. Global MOSFET IPM Market, By Application
7. Global MOSFET IPM Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global MOSFET IPM Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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