Press release
Discrete Semiconductor Market Size 2022-2027 | Industry Share, Growth and Forecast
The latest research study "Discrete Semiconductor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global discrete semiconductor market size reached US$ 25.68 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 37 Billion by 2027 exhibiting a growth rate (CAGR) of 21.50% during 2022-2027.Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Industry Definition and Application:
Discrete semiconductors refer to customized devices that are designed to perform an elementary electronic function and are not divisible into separate parts functional in themselves. They can be categorized into general-purpose rectifiers, high-speed rectifiers, switching diodes, Zener diodes, bipolar transistors, thyristors, metal-oxide-semiconductor field-effect transistors (MOSFET), modules, etc.
These discrete semiconductor variants are reliable, easily replaceable, portable, provide increased operating speed, and lower power consumption. They are mostly used for minor electronic functions that cover voltage regulation and power conversion in smartphones, LED lighting, tablets, hybrid cars, computers, etc. Consequently, discrete semiconductor models find extensive applications across numerous industries, including automobile, consumer electronics, telecommunication, etc.
Discrete Semiconductor Market Trends and Drivers:
The expanding automotive industry across the globe is primarily driving the discrete semiconductor market. In line with this, the increasing product usage in cars enabled with independent directing guides, heads-up displays, mobile phone integration, etc., and the shifting preferences toward electric vehicles (EVs), regenerative braking systems, and autonomous technology are acting as significant growth-inducing factors.
In addition to this, the introduction of several innovative products, such as
silicon-carbide (SiC) MOSFETs that improve power devices for EV powertrains and enhance power density, energy efficiency, and reliability, is also positively influencing the global market. Moreover, the escalating product utilization to manufacture tablets, ovens, refrigerators, and portative electronics and the growing inclination for high-energy and power-efficient appliances are further augmenting the market growth.
Besides this, the rising research and development (R&D) activities the launch of wireless and portable electronic products are anticipated to drive the discrete semiconductor market over the forecasted period.
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Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Type:
• Diodes
o General-Purpose Rectifiers
o High-Speed Rectifiers
o Switching Diodes
o Zener Diodes
o ESD Protection Diodes
o Variable-Capacitance Diodes
• Transistors
o MOSFET
o IGBT
o Bipolar Transistor
• Thyristor
• Modules
Breakup by End User:
• Automotive
• Consumer Electronics
• Communication
• Industrial
• Others
By Geography:
•North America (United States, Canada)
•Asia Pacific (China, Japan, India, South Korea, •Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, •Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa
List of Major Key Players:
The major players in the market are Diodes Incorporated, Fuji Electric Co. Ltd., Hitachi Ltd., Infineon Technologies AG, Littelfuse Inc., Microchip Technology Inc., Mitsubishi Electric Corporation, Nexperia (Wingtech Technology), NXP Semiconductors N.V., On Semiconductor Corporation, Qorvo, STMicroelectronics, Taiwan Semiconductor Manufacturing Company Limited and Toshiba Electronic Devices & Storage Corporation (Toshiba Corporation).
Also, Read Latest Research Reports by IMARC Group:
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Hybrid Fiber Optic Connectors Market Share: https://www.imarcgroup.com/hybrid-fiber-optic-connectors-market
Semiconductor Wafer Polishing and Grinding Equipment Market 2022-2027: https://www.imarcgroup.com/semiconductor-wafer-polishing-grinding-equipment-market
Silicon on Insulator Market Report: https://www.imarcgroup.com/silicon-on-insulator-market
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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