Discrete Semiconductor Market Size 2022 , Growth, Major Players and Forecast 2027

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IMARC Group has recently released a new research study “Discrete Semiconductors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the discrete semiconductors Industry?

The global discrete semiconductors 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 6.10% during 2022-2027.

Impact of COVID-19:

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.

What is a Discrete semiconductors Market?

Discrete semiconductors are singular devices designed to perform the function of two different devices in a specific configuration. Some common types of discrete semiconductors include rectifiers, insulated-gate bipolar transistors (IGBTs), bipolar transistors, metal–oxide–semiconductor field-effect transistors (MOSFETs), and thyristors. They are used in computers, smartphones, hybrid cars, LED lights, tablets, and portable medical electronics to perform modest electronic functions, including power conversion and voltage regulation. They are portable, easily replaceable, reliable, and offer increased operating speed and lower power consumption. As a result, discrete semiconductors find extensive applications in automotive, consumer electronics, and telecommunications industries across the globe.

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What are the major market drivers in the Discrete semiconductors Market?

The global discrete semiconductor market is primarily driven by rapid growth in the automotive industry. Moreover, the rising use of discrete semiconductors to manufacture various consumer electronics, such as refrigerators, tablets, computers, ovens, and portable electronics, has augmented product demand. Additionally, discrete semiconductors are commonly used in vehicles with mobile independent directing guides, heads-up displays, and phone integration.

In line with this, the rising adoption of hybrid electric vehicles (HEV), autonomous car technology, electric vehicles (EVs), and regenerative braking systems is propelling market growth. Furthermore, numerous product innovations, including silicon-carbide (SiC) MOSFETs, that improve power devices for EV powertrains and enhance power density, energy efficiency, and reliability, are contributing to the market growth. Other factors, including ongoing research and development (R&D) activities, rising demand for high-energy and power-efficient devices, and the launch of wireless and portable electronic products, are anticipated to create a positive market outlook in the coming years.

Who are The Major Players in Discrete Semiconductors Market?

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).

Report Segment

Breakup by Type:

  • Diodes
    • General-Purpose Rectifiers
    • High-Speed Rectifiers
    • Switching Diodes
    • Zener Diodes
    • ESD Protection Diodes
    • Variable-Capacitance Diodes
  • Transistors
    • MOSFET
    • IGBT
    • Bipolar Transistor
  • Thyristor
  • Modules

Breakup by End User:

  • Automotive
  • Consumer Electronics
  • Communication
  • Industrial
  • Others

Regional Insights:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America

On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.

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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.

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