Discrete Semiconductor Market and the increasing need for high-energy and power-efficient devices.
Discrete Semiconductor Market Insights
The global Discrete Semiconductor Market is anticipated to increase from USD 21.63 billion in 2022 to USD 56.2 billion At a CAGR of 5.20% by 2030. Electronic manufacturers are seeking parts that are fast, small, and able to boost manufacturing efficiency, which will increase the Discrete Semiconductor Market Share. Discrete parts including diodes, transistors, thyristors, and modules are used to fill these demands. The demand for and revenue from discrete semiconductors is likely to be driven by factors such as security, automation, solid-state lighting, transportation, and energy management in industrial components and safety, infotainment, navigation, and fuel efficiency in automotive and industrial components. For instance, an insulated gate bipolar transistor (IGBT) is a crucial part of the EV power electronics system. IGBTs are expected to be in high demand due to the increase in EV sales globally. The IEA predicts that 6.6 million electric cars will be sold worldwide in 2021. 9% of all new cars sold worldwide were electric automobiles.
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The Discrete Semiconductor Market Size and Discrete Semiconductor Industry Share are being driven by the rising need for high-energy, low-power devices. The market is also expanding as a result of the growing demand for MOSFETs and IGBTs in electronics and automobiles. As a result, the consumer electronics and automotive industries' growing need for discrete semiconductors is a key factor driving market growth. To provide their consumers with better products, consumer electronics businesses are heavily spending in RD. This is anticipated to have an impact on the discrete semiconductor Industry throughout the anticipated timeframe. The need for green power energy production, driven by Discrete Semiconductor Market Key Players, is also projected to fuel the market's expansion in the years to come.
Key Players:
- Eaton Corporation PLC (Ireland),
- ABB Ltd (Switzerland),
- On Semiconductor Corporation (United states),
- Infineon Technologies AG (Germany),
- STMicroelectronics NV (Switzerland),
- Toshiba Electronic (Japan),
- NXP Semiconductors NV (Netherlands),
- Diodes Incorporated (US),
- Nexperia BV (Netherlands),
- Qualcomm Incorporated (United states),
- D3 Semiconductor LLC (United states),
- Toshiba (Taiwan)
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Discrete Semiconductor Market Regional Analysis:
The Asia-Pacific area dominates the market For discrete semiconductor because to the significant semiconductor industries in China, Taiwan, South Korea, and India. North America and Europe are anticipated to have a sizable share of this market due to the continued development of AI-based semiconductors and the ongoing need for semiconductors from the automotive industry. North America is one of the most significant markets due to the region's huge automotive and other discrete semiconductor-requiring sectors. Among the businesses based in the area are On Semiconductor Corporation, Diodes Incorporated, and D3 Semiconductor LLC. The United States-based manufacturer of distinctive discrete semiconductor solutions, Central Semiconductor Corp., recently unveiled its new Silicon Carbide (SIC) Schottky Rectifier line. These devices are designed for high-temperature applications and are available in 650V and 1200V, with current ranges of 2A and 50A for 1,200V devices and 4A to 30A for 650V devices.
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Discrete Semiconductor Market Segmentation:
During the forecast period for the Discrete Semiconductor Market, the market has been divided into a number of different segments, each of which is expected to contribute to the market's achievement of the greatest possible CAGR. The leading companies in the Discrete Semiconductor Industry have also contributed to the segmentation, which may be broken down as follows:
Discrete Semiconductor Market, By Type: Diodes, General-purpose rectifiers, High-speed rectifiers, Switching diodes, Zener diodes, ESD protection diodes, Variable-capacitance diodes, Transistors, MOSFET, IGBT, Bipolar transistors, Thyristors, and Modules, Discrete Semiconductor Industry, By Type: Switching diodes, Zener diodes, ESD protection di
The Discrete Semiconductor Industry, Broken Down Into Its End Users: Automotive, Consumer Electronics, Communication, Industrial, and Others.
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