Automotive Power Modules Market

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Automotive Power Module Market by Region America Europe Asia Pacific Middle East and Africa South America forecast till 2023 P a g e | 1 salesmarketresearchfuture.com Automotive Power Module Market Research Report - Global Forecast to 2023 Sample Report

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Automotive Power Module Market by Region America Europe Asia Pacific Middle East and Africa South America forecast till 2023 P a g e | 2 salesmarketresearchfuture.com Summary: Automotive Power Modules Market Research Report: Information by Module Type Intelligent Power Module IPM and Power Integrated Module PIM Vehicle Type Passenger Cars and Commercial Vehicle Propulsion and Region - Global Forecast till 2023 See Table of Content Here: Automotive Power Module market is estimated to witness 21 CAGR during the forecast period from 2019 to 2023. Automotive Power Module market overview: The power module is an electronic component used for several applications in ICE and electrical vehicles. The power module provides physical containment for various power components like semiconductors and are employed in automobiles for traction inverters boost converters and air conditioners in vehicles. The power module comprises nine metal oxide semiconductor chips that generate more amount of current. The power module converts low voltage DC power to high voltage AC power from the battery to drive an electric motor. This conversion process plays an important role in removing excess heat to avoid exceeding junction temperature of the inverters. The major driving factors for the growth of this market are improving automotive infrastructure in countries such as China Germany Norway US and Japan increasing production and sales of electric vehicles globally increasing stringency of emission standards and growing demand energy efficient battery powered devices. Key Players Analyzed in This Report are: The prominent players in the global automotive power modules market include STMicroelectronics Switzerland ON Semiconductor US Robert Bosch GmbH Germany Fuji Electric Co. Japan Infineon Technologies Germany Renesas Electronics Corporation Japan Continental AG Germany NXP Semiconductors Netherlands Toshiba Corporation Japan Mitsubishi Electric Corporation Japan and Rohm Semiconductor Japan Request a Sample Report. Sample Report View Table Of Content

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Automotive Power Module Market by Region America Europe Asia Pacific Middle East and Africa South America forecast till 2023 P a g e | 3 salesmarketresearchfuture.com Automotive Power Module Market Segmentation: The global automotive power modules market is segmented on the basis of type vehicle type propulsion and region. On the basis of type the market has been segmented into Intelligent Power Module IPM and Power Integrated Module PIM. On the basis of vehicle type the market has been segmented into passenger car and commercial vehicle. On the basis of propulsion the market has been segmented into ICE vehicle and electric vehicle wherein electric vehicle the market is further sub-segmented in battery hybrid and plug-in electric vehicle. Regional Analysis: Geographically the global automotive power modules market has been segmented into four major regions namely North America Europe Asia-Pacific and the Rest of the World. The Asia-Pacific region is estimated to hold the largest market share during the forecast period owing to growing automotive infrastructure and increases in sales of electric vehicles across the region. Moreover increased uses of electrification in vehicles is expected to boost the demand for Automotive Power Modules market in this region. Furthermore the rise in demand for safety features in vehicles and increasing investment by public and private players to develop automotive power modules such as power inverter integrated dual charger and others across the country are contributing in the growth of this market in this region. Report Coverage: Geographically the global automotive Power Module market has been segmented into four major regions namely North America Europe Asia-Pacific and the Rest of the World. Asia-Pacific is estimated to hold the highest revenue market share throughout the forecast period owing to growing urbanization and growing purchasing power of consumers. Moreover increased production and sales of automobiles is expected to further boost the demand for Power Modules in this region. To View Report click on this button. View Report

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Automotive Power Module Market by Region America Europe Asia Pacific Middle East and Africa South America forecast till 2023 P a g e | 4 salesmarketresearchfuture.com

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