The growing severity of fuel-efficiency norms and elevating concerns about the harsh impact of mechanical systems within vehicles have resulted in such systems being replaced by electrical alternatives. This has significantly driven the market for automotive power modules. Electrical components not only enable far higher degrees of efficiency but also improve operational performance.

Automotive OEMs are focused on minimizing power loss and increase power density, which leads to heightened adoption of power modules in cars. Increasing production and adoption of electric vehicles is a factor which is positively impacting the market growth. Improving charging infrastructure and growing stringency of emission standards, and spiraling demand for energy efficient battery-powered devices are other factors aiding the market growth.

Conversely, the growth of the market can be deterred by the lack of standard protocols for the development of power modules. Additionally, power modules raise the overall cost of vehicles, which restrains the growth of the market.

Get a FREE Sample Report pdf @ https://www.marketresearchfuture.com/sample_request/7302

Segmentation

The global automotive power modules market has been segmented based on type, vehicle type, and propulsion.

 By type, the automotive power modules market has been segmented into intelligent power module (IPM) and power integrated module (PIM).

By vehicle type, the automotive power modules market has been segmented into passenger car and commercial vehicle.

By propulsion, the automotive power modules market has been segmented into ICE vehicle and electric vehicle. The electric vehicle segment has been further segmented into battery, hybrid, and plug-in electric vehicle.

Regional Analysis

By region, the automotive power modules market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).

The APAC automotive power module market is likely to showcase maximum growth over the forecast period. Augmenting sale of electric vehicles across the region is a key factor motivating the growth of the market in the region. The region has established itself as a major automotive manufacturing hotspot due to which there is high demand for automotive power modules from the OEMs. Automotive OEMs in the region have directed their focus towards safety quotient of cars and increasingly incorporating such features in vehicles. The leading automotive players in the region are pouring in substantial amounts on RD activities which have led to noteworthy developments in the power module space. Other factors substantiating the growth of the market include rising public and private investment in technology development.

Europe is likely to account for an advantageous share of the global automotive power module market. Established automotive industry and the presence of various key players in the region such as Infineon Technologies (Germany), and Continental AG (Germany) are boosting the growth of the market.

Speak To Analyst @ https://www.marketresearchfuture.com/ask_for_schedule_call/7302

Competitive Landscape

STMicroelectronics (Switzerland), Toshiba Corporation (Japan), Robert Bosch GmbH (Germany), Mitsubishi Electric Corporation (Japan), Rohm Semiconductor (Japan), Renesas Electronics Corporation (Japan), NXP Semiconductors (Netherlands), Continental AG (Germany), ON Semiconductor (US), Fuji Electric Co. (Japan), and Infineon Technologies (Germany) are the noteworthy players in the global automotive power modules market.

Industry Updates

May 2019 – Wolfspeed, a provider of the most field-tested SiC, GaN Power, and RF solutions, introduced a power module specifically designed to maximize the benefits of SiC. Dubbed as XM3, the new power module is half the weight and volume of a standard 62 mm module. It enables simple power bussing, minimizes loop inductance, and maximizes power density. The intended application of XM3 includes UPS, EV chargers, and motors and traction drives.

Key Questions Addressed by the Report

What was the historic market size?

Which segmentation (Product/ Capacity) is driving market?

What will be the growth rate?

How are the key players in this market?

What are the strategies adopted by key players?

Browse Complete Report @ https://www.marketresearchfuture.com/reports/automotive-power-modules-market-7302

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

Continued………
Ask for your specific company profile and country level customization on reports.

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.