Global Automotive Power Modules Market Growth 2025-2031

Global Automotive Power Modules Market Growth 2025-2031

The global Automotive Power Modules market size is predicted to grow from US$ 2145 million in 2025 to US$ 5418 million in 2031; it is expected to grow at a CAGR of 16.7% from 2025 to 2031.

Automotive Power Modules are used in hybrid and electric vehicles etc. Automotive Power Module provides the physical containment for several power components, usually power semiconductor devices. These power semiconductors (so-called dies) are typically soldered or sintered on a power electronic substrate that carries the power semiconductors, provides electrical and thermal contact and electrical insulation where needed.

Asia-Pacific is the largest Automotive Power Modules market with about 56% market share. Europe is follower, accounting for about 23% market share.

The key players are Infineon, Mitsubishi Electric, Fuji Electric, ON Semiconductor, STMicroelectronics, Hitachi Power Semiconductor Device, Semikron, Danfoss, ROHM, BYD, Starpower Semiconductor etc. Top 3 companies occupied about 52% market share.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Power Modules Industry Forecast” looks at past sales and reviews total world Automotive Power Modules sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Power Modules sales for 2025 through 2031. With Automotive Power Modules sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Power Modules industry.

This Insight Report provides a comprehensive analysis of the global Automotive Power Modules landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Power Modules portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Power Modules market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Power Modules and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Power Modules.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Power Modules market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
IGBT Modules
SiC Modules

Segmentation by Application:
Battery Electric Vehicles (BEV)
Plug-in Hybrid Electric Vehicles (PHEV)

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Infineon
Mitsubishi Electric
Fuji Electric
ON Semiconductor
STMicroelectronics
Hitachi Power Semiconductor Device
Semikron
Danfoss
ROHM
BYD
Starpower Semiconductor

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Power Modules market?

What factors are driving Automotive Power Modules market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Power Modules market opportunities vary by end market size?

How does Automotive Power Modules break out by Type, by Application?