Report Scope & Overview:
Automotive Power Modules Market Size was valued at USD 4.29 billion in 2022 and is expected to reach USD 6.34 billion by 2030 and grow at a CAGR of 5% over the forecast period 2023-2030.
The Automotive Power Module is a box that holds several power components, which are usually power semiconductor devices. Dies are the name for these power semiconductors. They are usually soldered or sintered to a power electronic substrate, which holds the dies, makes electrical and thermal contact, and provides electrical insulation where it is needed. As vehicle sales skyrocket around the world, the global market for automotive power modules is set to experience enormous expansion in the near future. The power module is an essential component in the vehicle because of its contribution to the reduction of power losses, the enhancement of battery efficiency, the enhancement of power density, and the extension of driving range. It is recognized as an essential component of the automotive sector as a whole.
In 2020, the CoolMOSTM CFD7A series has been introduced by Infineon Technologies. Both the PFC and the DC-DC stages of on-board charger systems, as well as HV-LV DC-DC converters suited for electric vehicle applications, can utilize these silicon-based, high-performance devices.
The proliferation of charging stations is driving the demand for power electronic components.
As a major step toward environmental preservation, electric vehicles (EVs) have arrived.
Environmental concerns and government actions are driving industry expansion.
Rising energy costs and resistance to energy-efficiency technology will also fuel industry expansion.
Design and integration of high-end apps are lengthy undertakings.
The high switching frequency of sophisticated technology gadgets creates design issues of their own.
Engineers face additional hurdles in designing some gadgets because of their cooling requirements.
In-vehicle applications for SiC and GaN technologies are on the rise.
Plug-in hybrid electric vehicles (PHEVs) will generate opportunities for power electronics in transportation.
Compact, high-efficiency devices are in high demand.
A dearth of approved protocols is essential to strengthening modules' vital enhancements.
IMPACT OF COVID-19:
Since the novel coronavirus disease has entered the picture and been recognized for the adversity and havoc that it is creating, the markets, businesses, the corporate world, and individuals have been facing a lot of issues that are hindering their ability to function and produce to the best of their capability. This is due to the fact that the novel coronavirus disease has come into the picture and been recognized for the adversity and havoc that it is creating. The pandemic has increased diversity to a degree that has never been seen before. This can be attributed to the pandemic's potential to bring about huge changes in the lives of the average person, which is then followed by the shifting lifestyle choices and preferences of consumers.
Market, By Module Type:
The global market has been divided into intelligent power modules, and power integrated modules based on the module type segment. Due to a decrease in vehicle sales, the market for automotive power modules is expected to increase at a stable pace. Minimizing power losses, increasing battery efficiency, enhancing power density, and extending mileage all depend on the power module. Is an essential component of the automobile industry.
Market, By Propulsion:
The global market has been divided into electric vehicles, and ICE vehicles based on the propulsion segment. The battery-electric vehicle, the plug-in electric vehicle, and the hybrid electric vehicle are the three subcategories that fall under the umbrella of electric vehicles. During the time period forecasted, rising pollution requirements around the world are projected to result in an increase in the number of sales of electric vehicles.
Market, By Vehicle Type:
The global market has been divided into passenger cars and commercial vehicles based on the vehicle type segment. Within the automotive power electronics market, the passenger car segment is responsible for a significant portion of the overall revenue. There are a number of variables that contribute to the domination of passenger vehicles, including the growing demand for fuel-efficient technologies and safety systems in emerging markets, which are related to vehicle power trains.
By Module Type:
Intelligent Power module
Power Integrated module
By Vehicle Type:
North America, Asia-Pacific, Europe, Latin America, the Middle East, and Africa make up the automotive power modules market. Asia-Pacific holds the greatest market share in the global market due to increased sales of electric vehicles and automotive infrastructure development. Increasing vehicle electrification presents growth opportunities in this region. North America has the second-largest market share in the world because of the US, Canada, and Mexico, which drive demand. Increasing competition among important companies and governmental and private investment boost market demand in this region. The European region holds the third-largest market share in the global industry due to its technologically advanced infrastructure, which increases the demand for automotive cars. Increasing investment by big firms promotes market demand in this region. Due to poor infrastructure, Latin America and the Middle East, and Africa have the lowest market share. Low per capita income hinders market expansion in certain locations.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
Continental AG (Germany), STMicroelectronics (Switzerland), Fuji Electric Co. (Japan), Infineon Technologies (Germany), ON Semiconductor (US), Mitsubishi Electric Corporation (Japan), Robert Bosch GmbH (Germany), Renesas Electronics Corporation (Japan), NXP Semiconductors (Netherlands), Toshiba Corporation (Japan), and Rohm Semiconductor (Japan) are some of the affluent competitors with significant market share in the Automotive Power Modules Market.
Infineon Technologies (Germany)-Company Financial Analysis
|Market Size in 2022
|US$ 4.29 Billion
|Market Size by 2030
|US$ 6.34 Billion
|CAGR of 5% From 2023 to 2030
|Report Scope & Coverage
|Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
|• by Module Type (Intelligent Power module, Power Integrated module)
• by Propulsion (Electric vehicles, ICE vehicles)
• by Vehicle Type (Passenger cars, Commercial vehicles)
|North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Continental AG (Germany), STMicroelectronics (Switzerland), Fuji Electric Co. (Japan), Infineon Technologies (Germany), ON Semiconductor (US), Mitsubishi Electric Corporation (Japan), Robert Bosch GmbH (Germany), Renesas Electronics Corporation (Japan), NXP Semiconductors (Netherlands), Toshiba Corporation (Japan), and Rohm Semiconductor (Japan)
|•The proliferation of charging stations is driving the demand for power electronic components.
•As a major step toward environmental preservation, electric vehicles (EVs) have arrived.
|•Design and integration of high-end apps are lengthy undertakings.
•The high switching frequency of sophisticated technology gadgets creates design issues of their own.
Ans:- 5% is the CAGR of the Automotive Power Modules Market in the forecast period.
Ans:- The Automotive Power Module is a box that holds several power components, which are usually power semiconductor devices.
Ans:- Compact, high-efficiency devices are in high demand and a dearth of approved protocols is essential to strengthening modules' vital enhancements are the most significant obstacles facing the Automotive Power Modules Market.
Ans:- The study includes a comprehensive analysis of market trends, as well as present and future market forecasts. DROC analysis, as well as impact analysis for the projected period. Porter’s five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape etc.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Power Modules Market Segmentation, By Module Type
8.1 Intelligent Power module
8.2 Power Integrated module
9. Global Automotive Power Modules Market Segmentation, By Propulsion
9.1 Electric vehicles
9.2 ICE vehicles
10. Global Automotive Power Modules Market Segmentation, By Vehicle Type
10.1 Passenger cars
10.2 Commercial vehicles
11. Regional Analysis
11.2 North America
11.2.1 the USA
11.3.2 the UK
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Continental AG (Germany),
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 STMicroelectronics (Switzerland)
12.3 Fuji Electric Co. (Japan)
12.4 Infineon Technologies (Germany)
12.5 ON Semiconductor (US)
12.6 Mitsubishi Electric Corporation (Japan)
12.7 Robert Bosch GmbH (Germany)
12.8 Renesas Electronics Corporation (Japan)
12.9 NXP Semiconductors (Netherlands)
12.10 Toshiba Corporation (Japan)
12.11 Rohm Semiconductor (Japan)
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Automotive Bumpers Market size was valued at USD 9.90 Bn in 2022, the market is expected to reach USD 15.90 Bn by 2030. And grow at a CAGR of 5.70% over the forecasted period of 2023-2030.
The Automotive Pressure Plates Market Size was valued at USD 50.68 billion in 2022 and is expected to reach USD 76.03 billion by 2030 and grow at a CAGR of 5.2% over the forecast period 2023-2030.
Automotive Heat Shield Market Size was valued at USD 12.53 billion in 2022 and is expected to reach USD 16.49 billion by 2030 and grow at a CAGR of 3.5% over the forecast period 2023-2030.
The Automotive Collision Repair Market size is expected to reach USD 222.23 Bn by 2030 and is valued at USD 194.20 Bn in 2022, the CAGR recorded was 1.7% over the forecast period of 2023-2030.
The Commercial Vehicle Telematics Market Size was valued at USD 18.65 billion in 2022 and is expected to reach USD 78.10 billion by 2030 and grow at a CAGR of 19.6% over the forecast period 2023-2030.
Hi! Click one of our member below to chat on Phone