Automotive Power Module Packaging Market Size and Share
Automotive Power Module Packaging Market Analysis by Mordor Intelligence
The automotive power module packaging market size reached USD 3.34 billion in 2025 and is forecast to climb to USD 4.57 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.5%. The automotive power module packaging market is expanding because automakers accelerated electrification programs, pushed higher voltage architectures into volume production, and demanded advanced thermal-management solutions for wide-bandgap devices. Rising investments in 200 mm SiC wafer fabs, partnerships that compress development cycles, and tighter emission standards collectively reinforce long-term demand. Suppliers that master wire-bondless interconnects, double-sided cooling, and silver sintering are securing design wins in traction inverters, on-board chargers, and DC-DC converters. Meanwhile, supply constraints for SiC substrates and fragmented qualification rules remain headwinds.
Key Report Takeaways
- By module type, Intelligent Power Modules led with 38.1% revenue share in 2024; SiC Power Modules are projected to expand at a 15.4% CAGR through 2030.
- By power rating, the Up to 600 V segment held 44.3% of the automotive power module packaging market share in 2024, while the 601-1200 V category is forecast to grow at 6.9% CAGR to 2030.
- By packaging technology, Conventional Wire-bond captured 46.2% share in 2024; Wire-bondless/Power Overlay is poised for a 9.3% CAGR through 2030.
- By propulsion type, Battery-Electric Vehicles commanded a 61.5% share in 2024; Fuel-Cell Electric Vehicles are set for a 17.1% CAGR to 2030.
- By vehicle type, Passenger Cars accounted for 68.3% share in 2024, whereas Heavy Commercial Vehicles and Buses are projected to advance at 8.1% CAGR.
- By application, Traction Inverters represented 49.6% of the automotive power module packaging market size in 2024; On-board Chargers are expected to post a 13.6% CAGR between 2025 and 2030.
- By geography, Asia-Pacific held a 57.2% share in 2024 and is likely to record an 8.9% CAGR through 2030.
Global Automotive Power Module Packaging Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rapid EV and HEV production growth | +1.8% | Global, with Asia-Pacific leading | Medium term (2-4 years) |
| Shift toward SiC and GaN wide-bandgap devices | +1.2% | North America and the EU leading, Asia-Pacific following | Long term (≥ 4 years) |
| Vehicle electrification demands higher power-density modules | +1.0% | Global | Medium term (2-4 years) |
| Stringent global emission regulations | +0.8% | EU and North America core, spill-over to Asia-Pacific | Long term (≥ 4 years) |
| OEM adoption of wire-bondless / top-side-cooling packages | +0.6% | Global, with early adoption in premium segments | Medium term (2-4 years) |
| Cell-to-pack architectures integrating power modules | +0.4% | Asia-Pacific core, expanding to global markets | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Rapid EV and HEV production growth
Global battery-electric and hybrid output climbed sharply in 2024, and automotive applications already accounted for more than 70% of SiC demand. Tesla’s Cybertruck power converter illustrated how 800 V platforms double voltage stresses and intensify thermal management needs. Tier-1 suppliers such as BorgWarner reported 47% year-on-year eProduct sales growth, signaling that established drivetrain specialists are pivoting resources toward high-density modules.[1]BorgWarner, “First Quarter 2025 Results,” borgwarner.com Commercial vehicle programs, including ZF’s 300 kW eBeam axle, further widen the addressable base for ruggedized packaging.
Shift toward SiC and GaN wide-bandgap devices
Fourth-generation SiC MOSFETs now sustain junction temperatures above 200 °C, intensifying the need for copper clips, silver sintering, and direct die cooling. Infineon forecasts 2025 as an inflection year for automotive GaN, especially in on-board chargers and high-frequency DC-DC converters. Supply bottlenecks for SiC substrates sharpened focus on 200 mm wafer transitions and on multi-source agreements that stabilize capacity.
Vehicle electrification demands higher power-density modules
Automakers pursued lighter drivetrains and more compact electronic housings in 2024. Texas Instruments demonstrated a 50% footprint reduction through its MagPack concept by integrating magnetic components within the module package. Academic benchmarks showed that double-sided cooling cut SiC junction temperatures by 30 °C, enabling further power-density gains. Emerging cell-to-pack architectures embed modules directly into the battery enclosure, an approach supported by thermally conductive urethane adhesives that double as structural fillers.
Stringent global emission regulations
EU CO₂ targets and China’s dual-credit policy tightened in 2024, prompting OEMs to specify lower switching and conduction loss figures. Semikron Danfoss responded with double-sided sintering, eliminating fatigue-prone bond wires to boost current handling and reliability. Qualification standards such as AEC-Q101 became stricter, and Navitas secured an “AEC-Plus” rating for top-side-cooled SiC MOSFETs that meet extended automotive stress profiles.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Lack of standardized qualification protocols | -0.8% | Global, with varying regional standards | Medium term (2-4 years) |
| High cost and supply constraints of SiC / GaN substrates | -1.2% | Global, with Asia-Pacific supply concentration | Short term (≤ 2 years) |
| Thermal-management limits in emerging 800V platforms | -0.6% | Global, affecting premium vehicle segments | Medium term (2-4 years) |
| Potential SiC supply-chain over-capacity | -0.4% | Global, with regional variations | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Lack of standardized qualification protocols
Power-electronics suppliers faced repeated test loops because AEC-Q100, AEC-Q101, and AEC-Q200 were interpreted differently by regional OEMs, prolonging time-to-market and inflating non-recurring expenses. IECQ launched its Automotive Qualification Programme to harmonize procedures, yet adoption remained uneven.
High cost and supply constraints of SiC/GaN substrates
Physical vapor transport still limited SiC boule growth rates to millimeters per hour, keeping wafer prices elevated; substrates accounted for around 47% of device value. Concentrated capacity in Asia introduced geopolitical risk, and some European fabs deferred expansion because of uncertain near-term demand outlooks.
Segment Analysis
By Module Type: SiC Modules Drive Premium Adoption
Intelligent Power Modules held 38.1% of 2024 revenue and remained the volume choice for entry-level EVs and hybrids. SiC Power Modules, though costlier, achieved 15.4% CAGR forecasts as premium and commercial platforms prioritized efficiency. The automotive power module packaging market size for SiC devices is projected to capture an additional 7.5 percentage-point share by 2030. ROHM and Valeo’s TRCDRIVE pack showed how SiC enables inverter downsizing without thermal compromise.[2]ROHM Semiconductor, “Highlights for E-Mobility,” rohm.com Meanwhile, GaN penetrated on-board chargers where high-frequency switching outweighed current limits. IGBT and FET modules continue to serve mid-range and auxiliary loads, and recent Mitsubishi Electric releases reduced switching losses by 15% while extending moisture tolerance.
Market diversification persisted across the automotive power module packaging market as OEMs balanced cost, efficiency, and availability. SiC cost declines are expected once 200 mm wafers reach scale and vertical-integration strategies mature. Hence, suppliers that bundle design tools, gate drivers, and thermally optimized housings are positioning themselves to capture multi-year platform awards. The competitive split between integrated device makers and specialized assembly firms is likely to narrow as customers demand turnkey module sub-systems.
By Power Rating: 800 V Transition Reshapes Demand
Systems up to 600 V retained a 44.3% share in 2024, anchored by existing 400 V passenger-car platforms. However, the 601-1200 V band is the automotive power module packaging market’s fastest climber at 6.9% CAGR, mirroring the shift to 800 V topologies that cut fast-charging times. Aptiv outlined insulation challenges and creepage requirements that raise the value of robust packaging. Above-1200V modules remain niche, targeting heavy-duty and infrastructure roles.
Higher voltage demands intensified the development of thicker insulation gels, copper clips with lower inductance, and press-fit pins rated beyond 1.5 kV. Infineon’s 1200 V CoolSiC MOSFETs were selected by Forvia Hella for 800 V DC-DC converters, underscoring the platform shift. Packaging suppliers that guarantee partial discharge endurance and field-failure analytics will win specifications as OEMs standardize on next-generation high-voltage domain controllers.
By Packaging Technology: Wire-Bondless Solutions Gain Momentum
Conventional wire-bond designs still made up 46.2% of 2024 shipments thanks to mature tooling and cost efficiency. Yet, wire-bondless or power overlay formats are set for a 9.3% CAGR to 2030, driven by the need to limit parasitics and distribute heat evenly across the SiC die. Shinko Electric’s POL platform applied PCB fabrication know-how to achieve sub-10 nH loop inductance and fine-pitch copper pillars. Direct-pressed-die variants found acceptance in heavy-duty traction because chip front-side cooling reduced thermal resistance.
PCB-embedded packages are beginning to surface in space-constrained auxiliary converters. Hybrid bonding, promoted by several substrate vendors, promises further vertical integration, and 400 V/800 V stackable modules are under evaluation for shared cooling plates. As reliability databases grow, an accelerated migration away from aluminum bond wires is probable across the automotive power module packaging market.
By Propulsion Type: FCEV Growth Outpaces BEV Expansion
Battery-Electric Vehicles dominated at 61.5% in 2024 and continued to anchor volume demand for power modules. Fuel-Cell Electric Vehicles, although smaller, are forecast to grow at 17.1% CAGR because commercial fleets value rapid refueling and extended range. Honda’s next-generation 150 kW fuel-cell stack halved costs and doubled durability, elevating module integration requirements. Hybrid and plug-in hybrid architectures still require versatile modules that tolerate bidirectional energy flows.
Module suppliers optimized cooling plates and gate drivers to accommodate hydrogen stack voltage fluctuations. Bosch delivered scalable fuel-cell power modules up to 300 kW, pointing to higher amperage interconnects and reinforced substrates. The propulsion mix implies that design flexibility and cross-platform compatibility will be central to long-term share gains in the automotive power module packaging industry.
By Vehicle Type: Commercial Vehicles Drive Innovation
Passenger cars held a 68.3% share in 2024 as high-volume EV models proliferated. Heavy commercial vehicles and buses showed the quickest uptake at 8.1% CAGR, spurred by fleet emission targets and predictable duty cycles that justify higher upfront costs. Semikron Danfoss’ SKAI 2 HV platform reached 24 kVA per liter and IP67 sealing, signaling distinct rugged-packaging needs.
Light commercial vans followed, particularly in urban logistics. Hyundai Mobis invested USD 256.7 million in Slovakia for European power-system manufacturing, reflecting regional content rules. The vehicle-type split reinforces a dual-track roadmap: cost-sensitive passenger modules and high-reliability heavy-duty solutions that often pioneer new thermal interfaces.
By Application: Traction Inverters Dominate, Chargers Accelerate
Traction inverters commanded 49.6% of the 2024 value because every electrified drivetrain relies on a high-power motor controller. Automotive power module packaging market size for on-board chargers is forecast to expand fastest at 13.6% CAGR as OEMs adopt 11-22 kW AC and 25-50 kW DC units that demand higher-frequency GaN or SiC devices. ROHM’s HSDIP20 SiC module achieved a 38 °C temperature drop versus discrete configurations, underscoring the thermal benefits of monolithic packages.
DC-DC converter and auxiliary module demand increased in 48 V systems that support electric power steering and climate compressors. Vicor’s conversion module solved dual 400V V/800 800V battery compatibility, demonstrating how packaging design can resolve system-level voltage diversity. Integration trends point to multifunction modules that collapse inverter, charger, and converter roles into a single thermal domain.
Geography Analysis
Asia-Pacific retained a 57.2% share in 2024 and posted the highest outlook at 8.9% CAGR to 2030. China’s dual-credit rules and scale advantages drew major SiC investments, including Infineon’s USD 2 billion 200 mm fab in Malaysia that addressed regional capacity resilience. Local supply chains spanning substrates, metallization pastes, and molding compounds shortened lead times and trimmed costs.
North American demand accelerated as domestic OEMs unveiled new 800 V pickups and SUVs. onsemi committed USD 2 billion to build an end-to-end SiC line in the Czech Republic, ensuring wafer-to-module control and reducing import dependency.[3]onsemi, “End-to-End Silicon Carbide Production in the Czech Republic,” onsemi.com Federal manufacturing tax credits also encouraged module assembly within the United States.
Europe focused on premium EV brands and strict emissions mandates. Vitesco Technologies invested EUR 576 million (USD 650 million) to expand advanced-electronics production in Ostrava, signaling confidence in regional electrification momentum. Collectively, regional diversification initiatives are diluting single-region risk and fostering technology transfers that elevate global quality benchmarks.
Competitive Landscape
The automotive power module packaging market remained moderately fragmented in 2024. Infineon, STMicroelectronics, and onsemi leveraged vertical integration to secure wafer capacity, internal assembly, and system knowledge. Semikron Danfoss, JCET, and Shinko Electric specialized in advanced interconnects and custom substrates, winning orders from Tier-1 inverter makers. Market entry barriers centered on qualification cost, thermal-simulation expertise, and supply-chain relationships.
Strategic partnerships intensified. ROHM allied with TSMC for GaN, accelerating automotive qualification cycles, while STMicroelectronics collaborated with Semikron to co-optimize SiC module stacks. Acquisition activity also rose: onsemi bought Qorvo’s SiC JFET assets for USD 115 million to deepen its EliteSiC portfolio.[4]Semiconductor Today, “onsemi Completes Acquisition of SiC JFET Business,” semiconductor-today.com
Competitive advantages shifted toward holistic offerings that include digital twin modeling, embedded diagnostic firmware, and thermal interface materials. Companies able to supply turnkey subsystems, support local content rules, and guarantee multi-sourced substrates are positioned to gain share as platform contracts consolidate through 2030.
Automotive Power Module Packaging Industry Leaders
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Amkor Technologies
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Infineon Technologies
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STMicroelectronics
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Fuji Electric Co. Ltd.
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Toshiba Electronics Device & Storage Corporation
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- May 2025: Wolfspeed launched the Gen 4 MOSFET platform, delivering higher efficiency and enhanced packaging for high-power automotive modules.
- May 2025: Infineon and NVIDIA partnered on an 800 V direct-current power delivery architecture for AI data centers, a design likely to influence automotive high-density modules.
- April 2025: Infineon acquired Marvell Technology’s automotive Ethernet business for USD 2.5 billion to widen system-integration capabilities.
- April 2025: ROHM introduced high-power-density SiC modules in HSDIP20, cutting the mounting area by 52%.
Global Automotive Power Module Packaging Market Report Scope
Packaging of automotive power modules needs to meet high-reliability standards like harsh operating environment (which includes high ambient temperature range, high operating temperature, temperature excursion, and thermal shock), mechanical vibration and shock, and frequent power surging. To ensure reliable operation of the power module, packaging of the power modules has been intensively modified in terms of packaging materials and processing as well as in terms of reliability design. The Electric Vehicle and Hybrid Electric Vehicle (EV/HEV) industry’s demand for high power density and mechatronics integration is the main driver for automotive power module packaging market.
| Intelligent Power Module (IPM) |
| SiC Power Module |
| GaN Power Module |
| IGBT Module |
| FET Module |
| Up to 600 V |
| 601 – 1200 V |
| Above 1200 V |
| Wire-bond |
| Wire-bondless / Power Overlay |
| Press-fit / Direct Pressed-Die |
| PCB-embedded |
| Battery-Electric Vehicle (BEV) |
| Hybrid Electric Vehicle (HEV) |
| Plug-in Hybrid (PHEV) |
| Fuel-Cell Electric Vehicle (FCEV) |
| Passenger Cars |
| Light Commercial Vehicles |
| Heavy Commercial Vehicles and Buses |
| Traction Inverter |
| On-board Charger |
| DC-DC Converter |
| Auxiliary / Climate / EPS |
| North America | United States | |
| Canada | ||
| Mexico | ||
| South America | Brazil | |
| Rest of South America | ||
| Europe | Germany | |
| France | ||
| United Kingdom | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Middle East and Africa | Middle East | Saudi Arabia |
| United Arab Emirates | ||
| Turkey | ||
| Rest of Middle East | ||
| Africa | South Africa | |
| Rest of Africa | ||
| By Module Type | Intelligent Power Module (IPM) | ||
| SiC Power Module | |||
| GaN Power Module | |||
| IGBT Module | |||
| FET Module | |||
| By Power Rating | Up to 600 V | ||
| 601 – 1200 V | |||
| Above 1200 V | |||
| By Packaging Technology | Wire-bond | ||
| Wire-bondless / Power Overlay | |||
| Press-fit / Direct Pressed-Die | |||
| PCB-embedded | |||
| By Propulsion Type | Battery-Electric Vehicle (BEV) | ||
| Hybrid Electric Vehicle (HEV) | |||
| Plug-in Hybrid (PHEV) | |||
| Fuel-Cell Electric Vehicle (FCEV) | |||
| By Vehicle Type | Passenger Cars | ||
| Light Commercial Vehicles | |||
| Heavy Commercial Vehicles and Buses | |||
| By Application | Traction Inverter | ||
| On-board Charger | |||
| DC-DC Converter | |||
| Auxiliary / Climate / EPS | |||
| By Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| South America | Brazil | ||
| Rest of South America | |||
| Europe | Germany | ||
| France | |||
| United Kingdom | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | Middle East | Saudi Arabia | |
| United Arab Emirates | |||
| Turkey | |||
| Rest of Middle East | |||
| Africa | South Africa | ||
| Rest of Africa | |||
Key Questions Answered in the Report
What is the current size of the automotive power module packaging market?
The market reached USD 3.34 billion in 2025 and is projected to grow to USD 4.57 billion by 2030.
Which module type leads revenue share today?
Intelligent Power Modules held 38.1% of 2024 revenue, serving cost-sensitive EV and hybrid platforms.
Why is the 601-1200 V power-rating segment expanding fastest?
Automakers are migrating to 800 V architectures that reduce charging time, driving 6.9% CAGR in this voltage band.
How do wire-bondless packages improve performance?
They lower parasitic inductance and enhance thermal paths, supporting high-temperature SiC and GaN devices.
Which region dominates the market?
Asia-Pacific held a 57.2% share in 2024 due to integrated EV and semiconductor manufacturing ecosystems.
What restrains faster market growth?
High SiC substrate costs and fragmented qualification standards extend product development cycles and limit capacity expansion.
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