Charts & StatsSep 2, 2026

Global Intelligent Power Module market [2017-2023] by Application

By Application, the market is segmented into Consumer Electronics, Automotive, Renewable Energy, and Application_Others (2017-2023)

Author: Wantstats Research TeamSource: Wantstats Repository

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Global Intelligent Power Module market [2017-2023] by Application — full underlying data
Label	Consumer Electronics	Automotive	Renewable Energy	Application_Others
2017	643.67 USD Mn	584.32 USD Mn	395.11 USD Mn	231.02 USD Mn
2018	694.47 USD Mn	637.22 USD Mn	416.86 USD Mn	241.76 USD Mn
2019	749.68 USD Mn	696.03 USD Mn	440.46 USD Mn	253.37 USD Mn
2020	810.97 USD Mn	762.71 USD Mn	466.51 USD Mn	266.22 USD Mn
2021	882.2 USD Mn	841.47 USD Mn	496.71 USD Mn	281.31 USD Mn
2022	972.58 USD Mn	942.56 USD Mn	535.55 USD Mn	301.13 USD Mn
2023	1098.04 USD Mn	1084.22 USD Mn	590.44 USD Mn	329.76 USD Mn

Data Source: Wantstats Repository

Market Dynamics

consumer electronics segment accounted for the largest market share in the intelligent power module market, and is expected to reach USD 1098.04 Million in 2023 from USD 643.67 Million in 2017. However, automotive segment is the fastest growing market, which is expected to grow at a CAGR of 11.22% during the forecast period 2018 - 2023.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Global Intelligent Power Module market [2017-2023] by Application

Global Intelligent Power Module Market By Application Forecast (2017-2023)

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