U.K. Intelligent Power Module Market Size & Outlook
The intelligent power module market in the UK is expected to reach a projected revenue of US$ 519.2 million by 2033. A compound annual growth rate of 14.6% is expected of the UK intelligent power module market from 2026 to 2033.
The UK intelligent power module market generated a revenue of USD 182.2 million in 2025 and is expected to reach USD 519.2 million by 2033.
The UK market is expected to grow at a CAGR of 14.6% from 2026 to 2033.
In terms of segment, igbt was the largest revenue generating power device in 2025.
IGBT is the most lucrative power device segment registering the fastest growth during the forecast period.
Intelligent power module market data book summary
Market revenue in 2025
USD 182.2 million
Market revenue in 2033
USD 519.2 million
Growth rate
14.6% (CAGR from 2026 to 2033)
Largest segment
Igbt
Fastest growing segment
IGBT
Historical data
2021 - 2024
Base year
2025
Forecast period
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
IGBT, MOSFET
Key market players worldwide
Mitsubishi Electric Corp, ON Semiconductor Corp, Infineon Technologies AG, Fuji Electric Co Ltd, STMicroelectronics NV, Ideal Power Inc, Alpha & Omega Semiconductor Ltd, Semikron International, Sensitron Semiconductor, CISSOID
Other key industry trends
In terms of revenue, UK accounted for 5.3% of the global intelligent power module market in 2025.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
In Europe, Germany intelligent power module market is projected to lead the regional market in terms of revenue in 2033.
Germany is the fastest growing regional market in Europe and is projected to reach USD 675.7 million by 2033.
The growth of the intelligent power module market in the U.K. can be attributed to various factors, such as the growing adoption of Electric Vehicles (EVs) and rising renewable electricity generation in the country. The growing adoption of EVs in the country is attributed to government initiatives and policies to improve the EV infrastructure.
For instance, in March 2022, the U.K. government published a new EV infrastructure strategy. The strategy sets out the action plan to roll out EV charging infrastructure and end the sale of new vehicles running on petrol and diesel by 2030.
Intelligent power modules are used in the EV charging infrastructure. Hence, with the rollout of EV charging infrastructure in the country, the demand for intelligent power modules is expected to grow.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Intelligent Power Module Market Outlook will help companies and investors design strategic landscapes.
Igbt was the largest segment with a revenue share of 86.28% in 2025.
Horizon Databook has segmented the U.K. intelligent power module market based on igbt, mosfet covering the revenue growth of each sub-segment from 2021 to 2033.
The growth of the intelligent power module market in the U.K. can be attributed to various factors, such as the growing adoption of Electric Vehicles (EVs) and rising renewable electricity generation in the country. The growing adoption of EVs in the country is attributed to government initiatives and policies to improve the EV infrastructure.
For instance, in March 2022, the U.K. government published a new EV infrastructure strategy. The strategy sets out the action plan to roll out EV charging infrastructure and end the sale of new vehicles running on petrol and diesel by 2030.
Intelligent power modules are used in the EV charging infrastructure. Hence, with the rollout of EV charging infrastructure in the country, the demand for intelligent power modules is expected to grow.
U.K. Intelligent Power Module Market Power Device Outlook (Revenue, USD Million , 2021-2033)
IGBT
MOSFET
U.K. Intelligent Power Module Market Voltage Rating Outlook (Revenue, USD Million , 2021-2033)
0 V to 599 V
600 V to 1,199 V
1,200 V and above
U.K. Intelligent Power Module Market Application Outlook (Revenue, USD Million , 2021-2033)
Automotive
Industrial
Consumer Electronics
Energy & Utility
IT & Telecommunication
Other Application
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Horizon Databook provides a detailed overview of country-level data and insights on the U.K. Intelligent Power Module Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Intelligent Power Module Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
U.K. Intelligent Power Module Market, 2021-2033 (US$M)