Global Intelligent Power Module Market to Grow Significantly in Coming Years

The global intelligent power module market size is anticipated to grow from USD 1.8 billion in 2022 to USD 3.0 billion by 2027, at a CAGR of 10.7% from 2022 to 2027. This growth is driven by the increasing demand for efficient and reliable power management solutions across various industries, including consumer electronics, industrial automation, renewable energy, and electric vehicles.