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Intelligent power devices are built-in peripheral and protection functions and support system reliability improvement and unit downsizing. This device can support several automotive system requirements that includes thermal FETs, MOSFET drivers, intelligent power switches, and a motor driver. Intelligent power devices are used in electronic devices of various different industries including automotive, telecommunication, and electronic industries to control voltage and current.Â
Intelligent power devices also reduce power consumption by driving large current load on low resistance. Intelligent power devices have a primary function of power distribution and protecting devices from fluctuations in current and high voltages. The global intelligent power device market is experiencing a significant growth, and is expected to grow considerably in next few years.Â
The global intelligent power device market is segmented on the basis of voltage rating, current rating, circuit configuration, power device, application, and region. Based on voltage rating, the intelligent power device market is divided into up to 600 V, 600 V–1200 V, and above 1200 V. In terms of current rating, the market is categorized into up to 100A, 101–600A, and more than 600A.Â
On the basis of circuit configuration, the market is divided into 6-pack, 7-pack, phase bridge, and dual. In terms of power device, the market is segregated into IGBT, MOSFET, and others. On the basis of application, the market is renewable energy, air conditioner, transportation, washing machine, servo drives, refrigerators, UPS, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Top Impacting Factors
High voltage fluctuation controls, coupled with better performance in air conditioners, refrigerators, and washing machines create lucrative opportunities for the market. Intelligent power devices specially used in various industries including automotive, telecommunication, and consumer electronic.Â
Intelligent power devices control current flow while igniting or turning on any vehicle. Although, numerous companies are developing innovative, intelligent power devices to provide better safety in every other smart appliance, bringing about an increase in demand for intelligent power device in past few years.
Rise in demand for consumer goods and increase in energy requirements in emerging economies such as China and India are major drivers for growth in Asia-Pacific. Asia-Pacific has emerged as a powerful manufacturing hub with the region's leading consumer goods manufacturers growing manufacturing activities. Cost advantages and initiatives by various countries in the region to boost domestic manufacturing are expected to provide additional impetus to intelligent power device production.
IGBT-based market is expected to grow at the highest rate, during the forecast period, owing to advantages of IGBTs with low-loss high-speed security and optimized gate drive circuits. These devices track the current of the power system continuously through the use of IGBT chips with advanced current sensing capabilities.
Key Benefits of the Report
COVID-19 Scenario AnalysisÂ
Questions Answered in the Intelligent Power Device Market Research Report
Intelligent Power Device Market Report Highlights
Aspects | Details |
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By Voltage Rating |
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By Current Rating |
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By Circuit Configuration |
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By Power Device |
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By Application |
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By Region |
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Key Market Players | Samsung Electronics, Panasonic Corporation, Texas Instruments, Future Electronics Inc., STMicroelectronics N.V., Sanken Electric Co. Ltd., Fuji Electric Co. Ltd., Intel Corporation, ON Semiconductor Corporation, Mitsubishi Electric Corp. |
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