Discrete Semiconductors Market Growth, Outlook And Trends Report 2033
The discrete semiconductors global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Discrete Semiconductors Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The discrete semiconductors market size has grown rapidly in recent years. It will grow from $35.96 billion in 2023 to $40.55 billion in 2024 at a compound annual growth rate (CAGR) of 12.8%. 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 $65.32 billion in 2028 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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Scope Of Discrete Semiconductors Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Discrete Semiconductors Market Overview
Market Drivers –
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, according to the International Energy Agency (IEA), a French-based autonomous intergovernmental organization, 6.6 million plug-in vehicles were sold in 2021, more than double the 3 million sold in 2020, and more than triple the 2.2 million sold in 2019. 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.
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
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Regional Insights –
Asia-Pacific was the largest region in the discrete semiconductors market in 2023, 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.
Key Companies –
Major companies operating in the discrete semiconductors market include Infineon Technologies AG, Semiconductor Components Industries LLC, Toshiba Electronic Devices & Storage Corporation, NXP Semiconductors NV, Eaton Corporation PLC., STMicroelectronics NV, Mitsubishi Electric Corp., Fuji Electric Corp., Renesas Electronics Corporation, ROHM Co. Ltd., Cree Inc., Littelfuse Inc., United Silicon Carbide Inc., Nexperia BV, Diodes Incorporated, Vishay Intertechnology Inc., Hitachi Ltd., Texas Instruments, Intel Corporation, Samsung Electronics, Nvidia Inc., AMI Semiconductor, Advanced Semiconductor Engineering SA, Dynex Semiconductor Ltd., Elkem ASA, Anshi Semiconductor, Microchip Technology, Qorvo Inc., Semtech Corporation, IXYS Corporation, Fairchild Semiconductor, Central Semiconductor Corp., Semikron International GmbH, Sanken Electric Co. Ltd., Nihon Inter Electronics Corporation, Taiwan Semiconductor Manufacturing Company Ltd.
Table of Contents
1. Executive Summary
2. Discrete Semiconductors Market Report Structure
3. Discrete Semiconductors Market Trends And Strategies
4. Discrete Semiconductors Market – Macro Economic Scenario
5. Discrete Semiconductors Market Size And Growth
…..
27. Discrete Semiconductors Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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