PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1392163
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1392163
Europe Intelligent Power Module (IPM) for AWHP Market is estimated to record a CAGR of over 10 % during 2023 and 2032, backed by the rising emphasis on energy efficiency and sustainability. With the adoption of air to water heat pumps, the integration of IPM become crucial for optimizing energy consumption in heating systems.
Continuous innovations in semiconductor technology, control algorithms, and communication protocols enhance the performance and reliability of intelligent power modules, favoring their deployment. For instance, in August 2021, Fuji Electric commenced the rollout of its 7th Generation IGBT-IPM. This new family of devices were said to significantly decrease losses, enhance performance, and streamline mounting space requirements.
Europe Intelligent Power Module (IPM) for AWHP Market is classified based on application & country.
Air filter application is estimated to generate notable revenues for the industry over 2023-2032. As importance of air quality and health consciousness gain prominence, the demand for HVAC systems equipped with efficient air filtration solutions is escalating. By incorporating advanced air filter applications within the AWHP units, the indoor air quality is improved, and the overall functionality of these systems are elevated.
The market share from water distribution system application is set to grow over the forecast period. As the focus intensifies on sustainable practices and energy-efficient solutions, AWHPs emerge as key components within water distribution systems, facilitating efficient heating and cooling mechanisms. The integration of intelligent power modules specifically tailored for AWHPs result in enhanced control, increased reliability, and optimized performance. This synergy between water distribution systems and IPMs for AWHPs not only aligns with the sustainability goals but also catalyzes innovations in energy-efficient technologies essential for modern infrastructural advancements.
Germany intelligent power module (IPM) for AWHP market will record a notable growth between 2023 and 2032 driven by nation's commitment to sustainable energy solutions. With a strong emphasis on renewable energy and stringent environmental policies, there will be rise in adoption of AWHPs and IPM. For instance, in November 2023, a new collaboration between the UK and German governments was signed to secure affordable, safe, and clean energy for consumers in both nations for the long term and reinforce energy security. Such strategic partnerships and supportive government initiatives will bolster the industry expansion in Germany.