Global Automotive Power Module Baseplate Market to Witness Robust Growth Driven by EV Adoption and Thermal Management

Market Intelo has published an in-depth analysis of the Automotive Power Module Baseplate
market, revealing strong growth momentum powered by the accelerating shift toward electric and hybrid vehicles. According to the new report, the global market was valued at USD 1.42 billion in 2024 and is projected to reach USD 2.87 billion by 2032, expanding at a CAGR of 9.3% during the forecast period. The study highlights rising demand for advanced power electronics, improved thermal efficiency, and durable packaging technologies across the automotive sector as key contributors to this growth.
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