The price of an IPM is primarily driven by its Voltage Rating (VCE) and Current Rating (IC). For industrial applications, modules typically range from 600V to 1200V. You must also evaluate the Switching Frequency, as higher frequency modules using SiC (Silicon Carbide) technology command a premium price compared to standard IGBT-based modules. Additionally, ensure the module includes integrated Gate Drive Circuits and Protection Logic (short-circuit, over-temperature, and under-voltage lockout) to reduce peripheral component costs.