Market Overview:
Discrete semiconductors are basic electronic components that perform a single electronic function and offer advantages such as high conductivity, low power consumption, and compact size which make them ideal for applications ranging from industrial motor drives to consumer electronics. They form an essential part of electronic circuits.
The global Discrete Semiconductor Market is estimated to be valued at US$ 33.12 Bn or Mn in 2023 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the discrete semiconductor market is the growing adoption of wide bandgap (WBG) semiconductors such as gallium nitride (GaN) and silicon carbide (SiC) over traditional silicon ones. WBG semiconductors have several advantages like higher breakdown electric field, higher temperature tolerances, and higher switching frequencies which make them an attractive choice for high-power applications including electric vehicles, solar converters, and fast charging infrastructure. This is expected to drive their demand and in turn growth of the overall discrete semiconductor market during the forecast period.
Segment Analysis
The discrete semiconductor market is segmented into MOSFETs, IGBTs, Bipolar transistors, Thyristors, and Diodes. Among these, MOSFETs dominate the market and accounted for over 30% of the market share in 2023. MOSFETs are widely used in consumer electronics, industrial equipment, telecommunication infrastructure, and automotive applications owing to their high switching speed, low on-resistance and durability.
Key Takeaways
The Global Discrete Semiconductor Market Size is expected to witness high growth, exhibiting a CAGR of 4.0% over the forecast period, due to increasing demand for consumer electronics and automotive electronics.
Regional analysis
Asia Pacific dominated the global discrete semiconductor market in 2023 and is expected to remain the fastest growing region during the forecast period. India, China, Japan and South Korea are the major countries contributing to the growth of the market in the region. Presence of a large number of semiconductor foundries and raw material suppliers in countries like China, Japan, Taiwan and South Korea is driving the regional market.
Key players
Key players operating in the discrete semiconductor market are Toshiba Electronic Devices & Storage Corporation (Toshiba Corp.), Hitachi Power Semiconductor Device Ltd (Hitachi Ltd), Mitsubishi Electric Corporation, Vishay Intertechnology Inc., NXP Semiconductors NV, ON Semiconductor Corporation, Microsemi Corporation (Microchip Technology), Diodes Incorporated, STMicroelectronics NV, Eaton Corporation PLC, ROHM Co. Ltd, Renesas Electronics Corporation, Nexperia BV, Fuji Electric Co. Ltd, Cree Inc., Qorvo Inc., D3 Semiconductor LLC, ABB Limited, Infineon Technologies AG, United Silicon Carbide Inc., Taiwan Semiconductor Co. Ltd, Littelfuse Inc. and General Electric Company.
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Discrete semiconductors are those semiconductors which are specially designed so that they can perform small electronic function.
MOSFET, thyristor, rectifier, IGBT and others are some of the common type of the discrete semiconductor.
They have physical features of integrated circuits but they usually perform small functions.
They are widely used in industries such as electronics, communication, industrial, and others.
Increasing urbanization and industrialization is the factor fuelling the growth of this market.Market Analysis: Global Discrete Semiconductor MarketGlobal discrete semiconductor market is set to witness substantial CAGR of 6.25% in the forecast period of 2019- 2026.
The report contains data of the base year 2018 and historic year 2017.
Discrete semiconductors are those semiconductors which are specially designed so that they can perform small electronic function.
MOSFET, thyristor, rectifier, IGBT and others are some of the common type of the discrete semiconductor.
They have physical features of integrated circuits but they usually perform small functions.
They are widely used in industries such as electronics, communication, industrial, and others.
Increasing urbanization and industrialization is the factor fuelling the growth of this market.Global discrete semiconductor market is set to witness substantial CAGR of 6.25% in the forecast period of 2019- 2026.
The report contains data of the base year 2018 and historic year 2017.
