Mar. 31 at 2:51 PM
$IPWR Revenue Potential & Market Projections (up to 2028)
Ideal Power is targeting a total addressable market (TAM) of
$6 Billion across EVs, Solar, and Data Centers.
2024–2025 (Transition): Initial low-volume sampling and "Design Win" phase (Revenue <
$5M).
2026 (Commercial Launch): First significant revenue from SSCB and industrial applications. Analysts project revenue starting to scale toward
$10M–
$25M as products hit the market.
2027 (Ramp-up): Expansion into the EV market (Stellantis) and AI data center power supplies. Revenue could reach
$50M–
$100M+ depending on the speed of EV integration.
2028 (Mass Scale): As B-TRAN becomes a standard component in EV inverters and renewable energy grids, the company aims for high double-digit or triple-digit million figures (
$150M -
$300M+) if they capture just a small percentage of the global SiC replacement market.
Crucial Point: Because of the "Asset-Light" model, Ideal Power can reach these revenue levels with very high margins.
