Global Automotive Power Modules Market Insights and Forecast to 2031

Report ID: 855064 | Published Date: Jan 2025 | No. of Page: 118 | Base Year: 2024 | Rating: 4.4 | Webstory: Check our Web story

Automotive Power Modules are used in hybrid and electric vehicles etc. Automotive Power Module provides the physical containment for several power components, usually power semiconductor devices. These power semiconductors (so-called dies) are typically soldered or sintered on a power electronic substrate that carries the power semiconductors, provides electrical and thermal contact and electrical insulation where needed.
The automotive power module is classified into the IGBT Modules and SiC Modules according to the product type. As of 2018, IGBT Modules segment dominates the market contributing more than 90% of the total market share, reach to 29.80 million units, while SiC Modules power module 3.02 million units and will occupy more market share gradually. Automotive power module is major applied in Battery Electric Vehicles (BEV), Plug-in Hybrid Electric Vehicles (PHEV), and Battery Electric Vehicles will dominate the market in the future.The automotive power module market is relative concentrated market; key players include Infineon, Mitsubishi Electric, Fuji Electric, ON Semiconductor, STMicroelectronics, Hitachi Power Semiconductor Device, Semikron, Danfoss, ROHM, BYD, Starpower Semiconductor; the revenue of top ten manufacturers accounts about 85% of the total revenue, in 2018. The high-end products mainly come from Japan and Europe.

Market Analysis and Insights: Global Automotive Power Modules Market
The global Automotive Power Modules market is valued at US$ 1109.1 million in 2019. The market size will reach US$ 3188.4 million by the end of 2026, growing at a CAGR of 16.1% during 2021-2026.

Global Automotive Power Modules Scope and Segment
Automotive Power Modules market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Power Modules market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
IGBT Modules
SiC Modules
In 2018, IGBT Modules accounted for a major share of 90% in the global Automotive Power Modules market. And this product segment is poised to reach 2487 M USD by 2025 from 843 M USD in 2018.

Segment by Application
Battery Electric Vehicles (BEV)
Plug-in Hybrid Electric Vehicles (PHEV)
In Automotive Power Modules market, Battery Electric Vehicles (BEV) segment holds an important share in terms of application, and it is expected to reach a volume of 71516 (K Units) by 2025. It means that Automotive Power Modules will be promising in the Battery Electric Vehicles (BEV) field in the next couple of years.

By Company
Infineon
Mitsubishi Electric
Fuji Electric
ON Semiconductor
STMicroelectronics
Hitachi Power Semiconductor Device
Semikron
Danfoss
ROHM
BYD
Starpower Semiconductor

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions
Automotive Power Modules report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Automotive Power Modules report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Automotive Power Modules report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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