The Discrete Semiconductors Global Market Report 2023 by The Business Research Company, provides discrete semiconductors market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Discrete Semiconductors Global Market Report 2023, the market size grew from $31.79 billion in 2022 to $36.49 billion in 2023 at a compound annual growth rate (CAGR) of 14.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the discrete semiconductors market is expected to grow to $63.61 billion in 2027 at a CAGR of 14.9%.
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.
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The discrete semiconductors market 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
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 March 2021, Infineon Technologies AG, a Germany-based semiconductor manufacturer, launched the 650 V CoolSiC Hybrid Discrete for automotive applications. It is a technologically advanced discrete which contains a CoolSiC Schottky diode and a 50 A TRENCHSTOP 5 fast-switching IGBT to enable a cost-efficient performance boost and high reliability. The combination provides a cost-performance trade-off for sustaining high system integrity and hard-switching topologies in addition to bi-directional charging. These features make it suitable for fast switching automotive applications such as power factor correction (PFC), onboard chargers (OBC), DC-DC, and DC-AC converters.
Top Major Players
Infineon Technologies AG,
Semiconductor Components Industries LLC,
Toshiba Electronic Devices & Storage Corporation,
NXP Semiconductors,
Eaton Corporation PLC.
The discrete semiconductors market report table of contents includes:
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List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Discrete Semiconductors Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Discrete Semiconductors Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Discrete Semiconductors Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…….
Table 46: Infineon Technologies AG Financial Performance
Table 47: Semiconductor Components Industries LLC Financial Performance
Table 48: Toshiba Electronic Devices & Storage Corporation Financial Performance
Table 49: NXP Semiconductors Financial Performance
Table 50: Eaton Corporation PLC. Financial Performance
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