Insulated Metal Substrate (IMS) Market Leaders: Strategies for Success
Insulated Metal Substrate (IMS) Market Size and Opportunity Analysis The Insulated Metal Substrate (IMS) market was valued at approximately USD 1.8 billion in 2022 and is projected to reach around USD 2.8 billion by 2028. This represents a compound annual growth rate (CAGR) of 7.3% during the forecast period. The growth is primarily driven by the increasing demand for advanced thermal management solutions in electronic applications, particularly in automotive, consumer electronics, and industrial sectors. Technological advancements in IMS materials and the rise in power electronics are further fueling market expansion. The integration of IMS in high-performance applications is becoming more prevalent, reflecting a robust demand across various industrial verticals. Opportunity analysis highlights significant potential in emerging markets, particularly in regions experiencing rapid industrialization and technological upgrades. Asia-Pacific, led by countries such as China and India,...