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DUBLIN, March 18, 2020 /PRNewswire/ -- The "Power Supply in Package (PSiP) and Power Supply on Chip (PwrSoC) Market Outlook & Projections, 2019-2027" report has been added to ResearchAndMarkets.com's offering. The market for power module is projected to grow with a CAGR of 9.4% over the forecast period, i.e., 2018-2027. This can be attributed to the increasing focus on applications involving higher input voltage range and growing usage in communications infrastructure. The market is segmented by product, by end use applications and by region. Based on product, the market is segmented into PSiP, PwrSoC and others, out of which, the segment for PSiP is predicted to hold a significantly larger market share as compared to PwrSoC with a 15.3% share by 2027. This can be attributed to the shorter design process of these power modules.On the basis of end use applications, the market is segmented into automotive, industrial, medical devices, communication infrastructure and others. The others segment is estimated to hold the largest market share by the end of the forecast period, while the industrial segment is predicted to observe the highest growth over the forecast period. The rising demand for compact, lightweight and efficient power supplies for enhancing the implementation of Industrial Internet of Things (IIoT) is a significant factor resulting in the growth of this segment.Based on region, global power module market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. The market in Asia-Pacific is anticipated to observe the highest growth rate on account of presence of large end use manufacturing industries in the region. Moreover, the market in North America is estimated to follow with the second highest growth rate and witness a market value of about USD 2,715 million by 2027 as a result of presence of major power modules Original Equipment Manufacturers (OEMs) in the region.Some of the key industry leaders in the global power module (PSiP and PwrSoC) market are Intel, Infineon Technologies, Renesas Electronics Corporation, STMicroelectronics, Renesas Electronics Corporation, Monolithic Power Systems, Analog Devices, ROHM, Vicor Corporation, Mitsubishi Electric Corporation, TRACO Electronic AG, Schneider Electric and Microsemi.Key Topics CoveredPart 1 Market Definition And Research Methodology Market And Product Definition Research Objective Market Size Methodology Part 2 Assumptions And AcronymsPart 3 Research MethodologyPart 4 Executive Summary - Global Power Module MarketPart 5 Market Dynamics For Global Power Module Market Market Drivers Market Challenges Market Trends Opportunities Part 6 Global Power Module Market Outlook Market Overview - Market Size And Forecast (2018-2027) Market Segmentation By: Product Type End-Use Application Region Part 7 Global Automotive Power Module Market Outlook Market Overview - Market Size And Forecast (2018-2027) Market Segmentation By: Application Load Current Input Voltage Range Region Competitive Landscape Of Automotive Power Module Market Part 8 Global Industrial Power Module Market Outlook Market Overview - Market Size And Forecast (2018-2027) Market Segmentation By: Application Load Current Input Voltage Range Region Competitive Landscape Of Industrial Power Module Market Part 9 Global Medical Device Power Module Market Outlook Market Overview - Market Size And Forecast (2018-2027) Market Segmentation By: Application Load Current Input Voltage Range Region Competitive Landscape Of Medical Device Power Module Market Part 10 Global Communication Infrastructure Power Module Market Outlook Market Overview - Market Size And Forecast (2018-2027) Market Segmentation By: Application Load Current Input Voltage Range Region Competitive Landscape Of Communication Infrastructure Power Module Market Part 11 Analysis Of Load Current For Power Modules In: Automotive Industrial Medical Device Communication Infrastructure Part 12 Analysis Of Input Voltage Range For Power Modules In: Automotive Industrial Medical Device Communication Infrastructure Part 13 Primary Interview Analysis Indicative List Of Respondents Interview Transcripts Companies Mentioned Mitsubishi Electric Intel STMicroelectronics Infineon Technologies Renesas Electronics Analog Devices Schneider Electric Microsemi MPS ROHM Vicor TRACO Electronics AG RECOM Power For more information about this report visit https://www.researchandmarkets.com/r/9xab5r Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com

Answer: PSiP and PwrSoC Market Report 2020: Forecasts to 2027 by Product, End-use Application and Region