The global discrete semiconductor market has a 2021 market value of USD 26.41 billion and is projected to grow to USD 58.71 billion by 2029, registering a CAGR of 10.50% over the forecast period of 2022-2029. The "automotive" end user segment makes up the majority of the discrete semiconductor market during the forecasted period as a result of technological advancements like regenerative braking, autonomous vehicle technology, the incorporation of a variety of sensors, and governmental mandates for advanced driver assistance systems.
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Discrete semiconductor Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Surging Requirement of Discrete semiconductor
The growing demand for high-energy and power-efficient devices and the surge in the demand for green energy power generation drives are projected to be the most significant factor driving the growth for this market. Moreover, the rise in the demand for MOSFETs and IGBTs in electronics and automobiles combined with the continuous demand for semiconductors from the automotive industry also cushions the market’s growth within the forecasted period.
The major element driving the market's growth is the increase in the prevalence for wireless and portable electronic products. Furthermore, the increase in the prevalence of wireless and portable electronic products, high demand from emerging economies, and the rapid growth in the automotive industry further fuels the market growth. The increase in the demand for better and efficient components from communications, consumer electronics, and other equipment makers also acts as a market driver.
Opportunities
- Surging Development and Research and Development Activities
The rise in the development of AI-based semiconductors is estimated to generate lucrative opportunities for the market, further expanding the discrete semiconductor market's growth rate in the future. Additionally, the rise in the research and development activities coupled with the rise technological advancements in the production techniques will also offer numerous growth opportunities within the market.
DISCRETE SEMICONDUCTOR MARKET SEGMENTATION
Type
- MOSFET
- IGBT
- Bipolar Transistor
- Thyristor
- Rectifier
- Other Types
End- User
- Automotive
- Consumer Electronics
- Communication
- Industrial
- Other End- Use Verticals
BASIC QUESTIONS ASKED
- Which key product category dominates the Discrete Semiconductor Market?
- What problems do SMEs and well-known vendors in the Discrete Semiconductor Market face?
- What are the main driving forces behind the global Discrete Semiconductor Market?
- What potential does the market for digital payments have?
- What trends are present in this business?
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Discrete Semiconductor Market analysis report offers an examination of a range of segments that are relied upon to witness the quickest development amid the estimate forecast frame. A complete discussion about frequent market related topics in this industry report is sure to aid the client in studying the market on competitive landscape. The company profiles of all the key players and brands that are dominating the Discrete Semiconductor Market with moves like product launches, joint ventures, mergers and acquisitions which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned in the report. Discrete Semiconductor Market report also presents suggestions about consumer’s demands, preferences, and their altering likings about particular product.
KEY MARKET COMPETITORS COVERED IN THE REPORT
- ABB (Switzerland)
- Semiconductor Components Industries, LLC (U.S.)
- Infineon Technologies AG (Germany)
- STMicroelectronics (Switzerland)
- TOSHIBA ELECTRONIC DEVICES STORAGE CORPORATION (Japan)
- NXP Semiconductors (Netherlands)
- Diodes Incorporated (U.S.)
- Nexperia (Netherlands)
- Qualcomm Technologies Inc., (U.S.)
- D3 Semiconductor (U.S.)
- Eaton (Ireland)
- Hitachi Ltd. (Japan)
- Mitsubishi Electric Corporation (Japan)
- Fuji Electric Co., Ltd. (U.S.)
- Murata Manufacturing Co. Ltd (Japan)
- Taiwan Semiconductor Manufacturing Company Limited (Taiwan)
DISCRETE SEMICONDUCTOR MARKET COUNTRY LEVEL ANALYSIS
- The countries covered in the Discrete Semiconductor Market report are
- U.S.
- Canada
- Mexico
- South Korea
- Australia
- Hong-Kong and the rest of Asia-Pacific
- Brazil
- Argentina
- Venezuela
- Colombia
- Ecuador
- Peru
- Uruguay
- Costa Rica
- Panama
- Dominican Republic and Rest of Latin America and Turkey.
MAJOR TOC OF THE REPORT
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Discrete Semiconductor Market: Regulations
- Market Overview
- Discrete Semiconductor Market, By Type
- Discrete Semiconductor Market, By Source
- Discrete Semiconductor Market, By Therapy
- Discrete Semiconductor Market, By Transporting Capacity
- Discrete Semiconductor Market, By Route of administration
- Discrete Semiconductor Market, By Region
- Discrete Semiconductor Market: Company Landscape
- SWOT Analyses
- Company Profile
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