Global Discrete Semiconductor Market Insights Forecasts to 2030
- The Discrete Semiconductor market was valued at USD 44 billion in 2021.
- The market is growing at a CAGR of 9% from 2022 to 2030
- The global Discrete Semiconductor market is expected to reach USD 77 billion by 2030
- North America is expected to grow the fastest during the forecast period
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The global Discrete Semiconductor market is expected to reach USD 77 billion by 2030, at a CAGR of 9% during the forecast period 2022 to 2030. The increasing CAGR is attributed to the discrete semiconductor market growth and demand which is returning to pre pandemic levels once the pandemic is over.
Electronic manufacturers are seeking parts that are quick, 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 needs. 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. Additionally, the discrete semiconductor industry is creating unique solutions to increase their demand and revenue in the power module area.
This research report categorizes the market for Discrete Semiconductor market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Discrete Semiconductor market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Discrete Semiconductor market.
The Discrete Semiconductor Market Size and Discrete Semiconductor Market 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 demand for discrete semiconductors is a key factor driving market growth. To provide their customers with better products, consumer electronics companies are heavily spending in R&D. This is anticipated to have an impact on the discrete semiconductor market during the anticipated period. The demand for green energy power generation, driven by Discrete Semiconductor Market Key Players, is also projected to fuel the market's expansion in the years to come.
Global Discrete Semiconductor Market Report Coverage
|Market Size in 2021:||USD 44 Billion|
|Forecast Period 2021-2030 CAGR:||9%|
|2030 Value Projection:||USD 77 Billion|
|Historical Data for:||2017-2020|
|No. of Pages:||200|
|Tables, Charts & Figures:||117|
|Segments covered:||By Type, By Application, By Region, COVID-19 Impact Analysis|
|Companies Covered:||Infineon Technologies AG, NXP Semiconductors, TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION, Semiconductor Components Industries, LLC, STMicroelectronics, Vishay Intertechnology, Inc., Taiwan Semiconductor, Renesas Electronics Corporation, Nexperia, ABB, Diodes Incorporated, StarPower Semiconductor Ltd., GeneSiC Semiconductor Inc., ROHM CO., Ltd., WeEn Semiconductor Inc. , Texas Instruments Incorporated|
|Pitfalls & Challenges:||Due to the increasing number of COVID-19 cases|
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The market's expansion is anticipated to be constrained by the preference of product manufacturers for integrated circuits. One of the main factors acting as obstacles and continuing to challenge the discrete semiconductor industry in the foreseeable period is the expansion in the focus on integrated circuits as well as a lack of progress and development in technology.
- In 2021, the Transistors segment is dominating the market with the highest CAGR.
On the basis of type, the global discrete semiconductor market is segmented into transistors, thyristors, diodes, and modules. Among these, the transistors segment is dominating the market with the highest CAGR owing to the increasing usage of bipolar transistors, MOSFETs, and IGBTs across different sectors like consumer electronics, automotive, and other industries. IGBTs are increasingly adopted in high voltage applications due to higher switching frequency. Thus, it is boosting the overall market growth.
- In 2021, the Consumer Electronics segment is witnessing the highest growth with the highest CAGR over the forecast period.
Based on the application, the global discrete semiconductor market is segmented into networking & communication, consumer electronics, industrial, automotive, and others. Among these, consumer electronics segment is witnessing the highest growth with the highest CAGR over the forecast period. This is because wearables, gaming, and other devices, smart home products, portable electronics are witnessing huge demand across the world.
Regional Segment Analysis of the Discrete Semiconductor Market
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- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific is dominating the market with the highest CAGR over the forecast period.
Asia Pacific is dominating the global discrete semiconductor market with the highest CAGR over the forecast period. This is attributed to the popularity of wireless and portable electronic products and fast growth in the automotive industry which is propelling the overall growth of the global discrete semiconductor market. Apart from this, North America is one of the most significant markets for discrete semiconductors due to the region's huge automotive and other sectors.
The report offers the appropriate analysis of the key organizations/companies involved within the global Discrete Semiconductor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Recent Market Developments
- In September 2020, Infineon Technologies AG has launched industry leading TRENCHSTOP IGBT7 Technology which is designed for photovoltaic, industrial motor drives, uninterruptible power supplies, and power factor correction applications.
List of Key Companies
- Infineon Technologies AG
- NXP Semiconductors
- TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION
- Semiconductor Components Industries, LLC
- Vishay Intertechnology, Inc.
- Taiwan Semiconductor
- Renesas Electronics Corporation
- Diodes Incorporated
- StarPower Semiconductor Ltd.
- GeneSiC Semiconductor Inc.
- ROHM CO., Ltd.
- WeEn Semiconductor Inc.
- Texas Instruments Incorporated
Key Target Audience
- Market Players
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the global Discrete Semiconductor market based on the below-mentioned segments:
Discrete Semiconductor Market, By Type
Discrete Semiconductor Market, By Application
- Networking & Communication
- Consumer Electronics
Discrete Semiconductor Market, Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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