The Business Research Company’s report on the Discrete Semiconductors Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the discrete semiconductors market in recent years?
The rapid growth in the automotive industry and the rise in the demand for MOSFETs and IGBTs in electronics and automobiles are expected to propel the growth of the discrete semiconductors market. An insulated-gate bipolar transistor (IGBT) is an integral component in the EV (electric vehicle) power electronics system. As people become more aware of environmental pollution and the need to improve vehicle efficiency, hybrid and electric vehicles are becoming more popular and contributing to growth in demand for discrete semiconductors. For instance, in May 2023, according to the European Automobile Manufacturers Association, a Belgium-based automobile manufacturers association, in 2022, the global production of motor vehicles reached 85.4 million units, reflecting a notable increase of 5.7% compared to 2021. Therefore, the rapid growth in the automotive industry and the rise in the demand for MOSFETs and IGBTs in electronics and automobiles are expected to propel the growth of the discrete semiconductors market.
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What is the projected market size of the discrete semiconductors industry, and how is it expected to grow?
The discrete semiconductors market size has grown rapidly in recent years. It will grow from $39.9 billion in 2024 to $44.67 billion in 2025 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to electronics and semiconductor industry growth, growing consumer electronics demand, automotive electronics expansion, energy, efficiency and green technologies, and defense and aerospace applications.
The discrete semiconductors market size is expected to see rapid growth in the next few years. It will grow to $71.94 billion in 2029 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to aerospace and space exploration, quantum computing developments, environmental sustainability and green semiconductors, global supply chain dynamics, and increasing demand for electronics. Major trends in the forecast period include industrial automation and iot, technological advancements, research and development investments, edge computing and edge devices, and medical electronics and healthcare technologies.
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Who are the key players driving competition in the discrete semiconductors market?
Major companies operating in the discrete semiconductors market include Texas Instruments, ON Semiconductor, STMicroelectronics, Infineon Technologies, NXP Semiconductors, Analog Devices, Microchip Technology, Vishay Intertechnology, Renesas Electronics, Toshiba, Fairchild Semiconductor, Maxim Integrated, Littelfuse, ROHM Semiconductor, Skyworks Solutions, Semtech, Diodes Incorporated, Wolfspeed, Cree, Power Integrations, AVAGO Technologies, Broadcom, TSMC, Qorvo, IXYS Corporation, Kemet, United Microelectronics Corporation (UMC), Samsung Semiconductor
What key trends are expected to drive the directed energy weapons market during the forecast period?
Technological advancement is a key trend gaining popularity in the discrete semiconductors market. Companies are focusing on developing technologically advanced solutions such as galvanized isolated gate drivers, high voltage protection capabilities, and others to expand their presence globally and enhance their market positions. For instance, in February 2024, Infineon Technologies AG, a Germany-based semiconductor manufacturer, launched the 750V G1 discrete CoolSiC MOSFET to satisfy growing demands in automotive and industrial power applications for increased power density and efficiency. The product family includes silicon carbide MOSFETs of industrial and automotive grade that are optimised for different topologies. These MOSFETs can be used for a wide range of industrial applications, including servers, data centres, solar power, UPS systems, EV charging, telecoms, and automotive applications
Which key geographies are driving the growth of the discrete semiconductors market?
Asia-Pacific was the largest region in the discrete semiconductors market in 2024, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the discrete semiconductors market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What are the key segments driving growth in the discrete semiconductors market?
The discrete semiconductors market covered in this report is segmented –
1) By Type: MOSFET, IGBT, Bipolar Transistor, Thyristor, Rectifier, Other Types
2) By Component: Memory Devices, Logic Devices, Discrete Power Devices, Other Components
3) By Industry: Consumer Electronics, Communication, Automotive, Industrial, Other Industries
Subsegments:
1) By MOSFET: N-channel MOSFETs, P-channel MOSFETs
2) By IGBT: Standard IGBTs, Fast Recovery IGBTs
3) By Bipolar Transistor: NPN Bipolar Transistors, PNP Bipolar Transistors
4) By Thyristor: Silicon Controlled Rectifiers (SCR), Triacs
5) By Rectifier: Standard Rectifiers, Schottky Rectifiers, Fast Recovery Rectifiers
6) By Other Types: Phototransistors, SIDACs (Silicon Diode for Alternating Current), Diodes
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How is the discrete semiconductors market defined?
The discrete semiconductors refer to components with complex integrated circuits and designed to perform elementary electronic functions. Discrete semiconductors are specially designed to perform a small electronic function, and they cannot be divided into individual components and work independently. It is utilized for high power and frequency operations such as communication, electronics, manufacturing, and others. Discrete semiconductors include igbts, mosfets, thyristors, diodes, rectifiers, and others.
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