Intelligent Power Switches Market Updates by 2031
The intelligent power switches market is expected to register a CAGR of 5.9% during 2023–2031. Technological advancements and system reliability are likely to remain a key trend in the market.
Intelligent Power Switches Market Analysis
- The global intelligent power switches market finds its potential applications in smart homes, electric and hybrid vehicles, and more. Other areas of application include industrial motor drives, renewable energy plants, and electric power distribution systems. These switches are designed in a way that they optimize power saving and usage by providing advanced functionality such as an integrated gate drive and protection circuit, high-performance IGBT power device, and compact inverter solution with an excellent thermal conduction system.
- The market is propelled by rapid industrialization, the emergence of wide band gap materials such as GaN and SiC, and an increasing demand for compact system design to reduce overall electronic system size. Further, increasing demand in the electric vehicle industry and the adoption of intelligent power modules in consumer appliances are likely to drive the growth of the market.
Intelligent Power Switches Market Overview
- Intelligent power switches are electric switches applied diversely in households and many other spaces, aimed at optimizing the saving and utilization of power. These switches are in demand for smart home applications, applied in an extremely wide range of industries that encompass smart homes, electric and hybrid vehicles, industrial motor drives, renewable energy plants, and electric power distribution systems.
- They come with integrated gate drive and protection circuits, high-performance IGBT power devices, compact inverter solutions, excellent thermal conduction, and more. Factors driving the growth of the intelligent power switch market include rapid industrialization, the emergence of wide band gap materials such as GaN and SiC, and growing demand for compact system design that reduces the overall size of an electronic system.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Intelligent Power Switches Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Intelligent Power Switches Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Intelligent Power Switches Market Drivers and Opportunities
Advanced Functionality and Flexibility
- Infineon Technologies has rolled out its latest PROFET Load Guard 12V portfolio, designed to provide high design flexibility in adjusting overcurrent limitations in line with load requirements. Typical use cases include autonomous driving and advanced driver assistance systems; protection of the sensitive input and output filters of sensors is critical. It has the adjustable overcurrent limitation feature, enabling the setting of a threshold by system requirements to avoid high peak currents and thereby protecting sensitive loads such as ECUs. This will be achieved through an external pull-down resistor, connected to the ROCT pin, and controlling the OCL level for a range from 0.3 A to a maximum of 9.2 A depending on the RDSon of the device.
- Owing to the adjustable overcurrent limitation function, the PROFET Load Guard 12V portfolio supplies the basic need of advanced automotive requirements, enabling high design flexibility and protection for sensitive components in support of further developments in safe autonomous driving and advanced driver assistance systems. Such advancements and developments are expected to boost the demand for intelligent power switches.
Smart Homes and Consumer Applications
- The need to save power promotes a high demand for intelligent power switches for smart home applications. These new generation switches are designed to optimize power usage, particularly in house spaces, opening a huge opportunity for market growth in the consumer sector.
- The intelligent power switch is an electric switch applied in various aspects of a house or other space that gives better power-saving and utilization capabilities. This demand is, therefore, further fueled by the increasing scope for intelligent power switches in various regions across the globe, indicating substantial growth potential for these devices in the coming years.
- This also presents a huge opportunity for the integration of intelligent power modules with smart grid technologies since the module can provide stability to the grid, offer real-time monitoring, and support demand-response functionalities within the evolving modern power distribution systems.
Intelligent Power Switches Market Segmentation
Key segments that contributed to the derivation of the intelligent power switches market analysis are type and application.
- By type, the market is divided into high-side switches and low-side switches.
- In terms of application, the market is segmented into automotive, industrial, commercial, residential and construction.
Intelligent Power Switches Market Share Analysis by Geography
- The intelligent power switches market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering mechanical keyboards market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the intelligent power switches market in these regions.
Intelligent Power Switches Market Report Scope
Intelligent Power Switches Market News and Recent Developments
The intelligent power switches market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the intelligent power switches market are listed below:
- Since relays and fuses cannot meet the requirements of modern E/E vehicle architectures, partial or complete electrification of the primary and secondary power distribution must be taken into account. To address this issue, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has launched a new generation of ultra-low ohmic high-side switches in a TO-leadless package, the Power PROFET™ + 12V switch family.
(Source: Infineon Technologies AG, Press Release, July 2024)
- ROHM released a new generation of 1-channel and 2-channel 40 V Intelligent (Smart) Low Side Switches: the BV1LExxxEFJ-C and BM2LExxxFJ-C series. The two product families are ideally designed for automotive and industrial applications. They are AEC-Q100 qualified and are suitable for systems such as car body control, engine and transmission control units, LED lighting modules, or industrial PLC (programmable logic controllers).
(Source: ROHM Co., Ltd., Company Website, February 2024)
Intelligent Power Switches Market Report Coverage and Deliverables
The "Intelligent Power Switches Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Intelligent power switches market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Intelligent power switches market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Intelligent power switches market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the intelligent power switches market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Global intelligent power switches market is expected to grow at a CAGR of 5.9% during the forecast period 2023 - 2031.
The growing focus on advanced functionality and flexibility is the major factor driving the intelligent power switches market.
Technological advancements and system reliability are likely to remain a key trend in the market.
The leading players operating in the market are Microchip Technology Inc., Fuji Electric Co. LTD, Infineon Technologies AG, RICOH Electronic Devices Co., Ltd, ROHM CO., LTD., SCHUKAT Electronics, STMicroelectronics, Texas Instruments Incorporated, Renesas Electronics Corporation, and TOREX SEMICONDUCTOR LTD.
The report can be delivered in PDF/PPT format; we can also share an Excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1 Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance
2 Key Takeaways
3 Intelligent Power Switches Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Intelligent Power Switches Market - By Type
3.2.2 Intelligent Power Switches Market - By Application
3.2.3 Intelligent Power Switches Market - By Region
3.2.3.1 By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis
4 Intelligent Power Switches Market - Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5 Intelligent Power Switches Market Analysis- Global
5.1 Global Intelligent Power Switches Market Overview
5.2 Global Intelligent Power Switches Market Forecasts and Analysis
6 Intelligent Power Switches Market Revenue and Forecasts to 2028 - Type
6.1 Overview
6.2 Type Market Forecasts and Analysis
6.3 High Side Switches Market
6.3.1 Overview
6.3.2 High Side Switches Market Forecasts and Analysis
6.4 Low Side Switches Market
6.4.1 Overview
6.4.2 Low Side Switches Market Forecasts and Analysis
7 Intelligent Power Switches Market Revenue and Forecasts to 2028 - Application
7.1 Overview
7.2 Application Market Forecasts and Analysis
7.3 Automotive Market
7.3.1 Overview
7.3.2 Automotive Market Forecasts and Analysis
7.4 Industrial Market
7.4.1 Overview
7.4.2 Industrial Market Forecasts and Analysis
7.5 Commercial Market
7.5.1 Overview
7.5.2 Commercial Market Forecasts and Analysis
7.6 Residential Market
7.6.1 Overview
7.6.2 Residential Market Forecasts and Analysis
7.7 Construction Industry Market
7.7.1 Overview
7.7.2 Construction Industry Market Forecasts and Analysis
8 Intelligent Power Switches Market Revenue and Forecasts to 2028 - Geographical Analysis
8.1 North America
8.1.1 North America Intelligent Power Switches Market Overview
8.1.2 North America Intelligent Power Switches Market Forecasts and Analysis
8.1.2.1 North America Market Forecasts and Analysis - By Countries
8.1.2.1.1 US market
8.1.2.1.2 Canada market
8.1.2.1.3 Mexico market
8.1.2.2 North America Market Forecasts and Analysis - By Type
8.1.2.3 North America Market Forecasts and Analysis - By Application
8.2 Europe
8.2.1 Europe Intelligent Power Switches Market Overview
8.2.2 Europe Intelligent Power Switches Market Forecasts and Analysis
8.2.2.1 Europe Market Forecasts and Analysis - By Countries
8.2.2.1.1 France market
8.2.2.1.2 Germany market
8.2.2.1.3 Italy market
8.2.2.1.4 Spain market
8.2.2.1.5 UK market
8.2.2.2 Europe Market Forecasts and Analysis - By Type
8.2.2.3 Europe Market Forecasts and Analysis - By Application
8.3 Asia pacific (APAC)
8.3.1 Asia Pacific Intelligent Power Switches Market Overview
8.3.2 Asia Pacific Intelligent Power Switches Market Forecasts and Analysis
8.3.2.1 Asia Pacific Market Forecasts and Analysis - By Countries
8.3.2.1.1 Australia market
8.3.2.1.2 China market
8.3.2.1.3 India market
8.3.2.1.4 Japan market
8.3.2.2 Asia Pacific Market Forecasts and Analysis - By Type
8.3.2.3 Asia Pacific Market Forecasts and Analysis - By Application
8.4 Middle East and Africa (MEA)
8.4.1 Middle East and Africa Intelligent Power Switches Market Overview
8.4.2 Middle East and Africa Intelligent Power Switches Market Forecasts and Analysis
8.4.2.1 Middle East and Africa Market Forecasts and Analysis - By Countries
8.4.2.1.1 South Africa market
8.4.2.1.2 Saudi Arabia market
8.4.2.1.3 UAE market
8.4.2.2 Middle East and Africa Market Forecasts and Analysis - By Type
8.4.2.3 Middle East and Africa Market Forecasts and Analysis - By Application
8.5 South America (SAM)
8.5.1 South America Intelligent Power Switches Market Overview
8.5.2 South America Intelligent Power Switches Market Forecasts and Analysis
8.5.2.1 South America Market Forecasts and Analysis - By Countries
8.5.2.1.1 Brazil market
8.5.2.2 South America Market Forecasts and Analysis - By Type
8.5.2.3 South America Market Forecasts and Analysis - By Application
9 Industry Landscape
9.1 Mergers & acquisitions
9.2 Market Initiatives
9.3 New developments
9.4 Investment scenarios
10 Competitive Landscape
10.1 Competitive Product mapping
10.2 Market Positioning/ Market Share
11 Intelligent Power Switches Market, Key Company Profiles
11.1 RICOH Electronic Devices Co., Ltd.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Developments
11.2 International Rectifier ( Infineon Technologies AG)
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 SWOT Analysis
11.2.5 Key Developments
11.3 STMicroelectronics N.V.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 SWOT Analysis
11.3.5 Key Developments
11.4 Freescale Semiconductor Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 SWOT Analysis
11.4.5 Key Developments
11.5 Texas Instruments Incorporated.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 SWOT Analysis
11.5.5 Key Developments
11.6 ROHM Co., Ltd.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 SWOT Analysis
11.6.5 Key Developments
11.7 Fuji Electric Co., Ltd.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 SWOT Analysis
11.7.5 Key Developments
11.8 Schukat Electronic
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Financial Overview
11.8.4 SWOT Analysis
11.8.5 Key Developments
11.9 Fairchild Semiconductor International, Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Financial Overview
11.9.4 SWOT Analysis
11.9.5 Key Developments
11.10 Microchip Technology Inc.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Financial Overview
11.10.4 SWOT Analysis
11.10.5 Key Developments
12 Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
12.3 Research Methodology
The List of Companies
1. RICOH Electronic Devices Co., Ltd.
2. International Rectifier ( Infineon Technologies AG)
3. STMicroelectronics N.V.
4. Freescale Semiconductor Inc.
5. Texas Instruments Incorporated.
6. ROHM Co., Ltd.
7. Fuji Electric Co., Ltd.
8. Schukat Electronic
9. Fairchild Semiconductor International, Inc.
10. Microchip Technology Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For