Intelligent Power Switches Market Analysis

Type (High Side Switches, Low Side Switches)

The high side switches dominated the intelligent power switches market with about 55% revenue share during the forecast period. The growth is expected as a result of increased demand for applications in the high side switches sector around the world during the forecast period. In additions, these switches have been applied for a variety of applications, such as automobile, industrial, commercial and construction. The overall sales of passenger cars have gone up from 30,69,523 to 38,90,114 units across the globe.

Application (Automotive, Industrial, Commercial, Residential, Construction)

Industrial intelligent power switches market is projected to account for 38% of the revenue share during the forecast period as demand for reliable, efficient, and cost-effective power switches increases. The key drivers are growing fast-track digital data and enabling it to achieve insight into user behaviour which motivates market development.  It is projected that by 2020 there will be an overall growth in the amount of data generated, captured, downloaded, and consumed worldwide to reach 64.2 terabytes. The global production of data is expected to increase by more than 180 terabytes in the next five years up to 2025.

Our in-depth analysis of the global intelligent power switches market includes the following segments: