North America Intelligent Power Module (IPM) Market — By Application Forecast

Market Overview

The North America Intelligent Power Module (IPM) Market is witnessing steady expansion driven by the increasing demand for efficient power conversion systems across electric vehicles, renewable energy, and industrial automation applications. The market was valued at USD 737.5 million in 2023 and is projected to reach approximately USD 1.48 billion by 2030, growing at a CAGR of around 10.5% during the forecast period (2024–2030).

This growth is attributed to the region’s accelerating adoption of electric mobility, investments in renewable power infrastructure, and the modernization of industrial facilities with energy-efficient motor control systems.

Global Push Buttons & Signaling Devices Market Overview: Growth, Trends, and Future Outlook

The Push Buttons & Signaling Devices market plays a critical role in industrial automation, machinery control, and safety management systems across diverse sectors. These devices serve as essential human-machine interface (HMI) components—allowing operators to start, stop, or reset equipment and communicate operational statuses through visual or audible indicators. With the increasing emphasis on workplace safety, automation efficiency, and real-time communication, the demand for reliable and intelligent signaling devices is on the rise.

Market Growth Outlook

The global Push Buttons & Signaling Devices market is expected to grow steadily over the next decade, driven by industrial modernization, rising adoption of automation technologies, and the expansion of manufacturing and processing industries. The market is shifting toward smart signaling solutions that integrate with digital control systems, offering enhanced connectivity, diagnostics, and predictive maintenance features.