The report of Global Discrete Semiconductor Market by Type (Diode, Transistor, Thyristor, Modules), End-user Vertical (Automotive, Consumer Electronics, Communication, Industrial, Others), and Region (Asia Pacific, North America, Europe, Latin America, and Middle East Africa) is expected to reach US$ XX Bn by 2027, at a CAGR of 10.5% during a forecast period.
Discrete semiconductors are specially designed and built out of individual semiconductor components, connected on a circuit board or terminal strip. They have physical features of integrated circuits but they usually perform a single electronic function. The global discrete semiconductor market is driven by the increasing demand for high- energy and power-efficient devices, and rising incidence for wireless and portable electronic products. However, the high price of discrete semiconductors, increasing focus of integrated circuits, and a dearth of advancement and development in the technology are restraining the market growth at the global level. Consumer electronics manufacturers are heavily financing in the research and development to offer improved products to their customers are expected to create beneficial opportunities for the key player in the market during the forecast period.
Automotive segment is expected to grow at the highest XX% CAGR during the forecast period.
In 2019, the automotive segment has dominate the discrete semiconductor market and is estimated to grow at a CAGR of XX% during the forecast period.The automotive industry is shifting toward electric and hybrid vehicles to decrease the requirement of fossil fuels and to reduce environmental hazards. Also, these vehicles have required more semiconductors compared to traditional automobiles. The automotive sector is one of the potential areas for rectifiers, TVs, MOSFETs, switching Schottky and Zener diodes, optoelectronics, and ESD protection. MOSFETs find applications in power steering and airbag systems, and IGBTs are used in ignition coil driver circuits.
The Asia Pacific dominated the Discrete Semiconductor market in 2019
In 2019, Asia Pacific held the XX% share of the discrete semiconductor market and is expected to maintain its dominance during the forecast period thanks to the strong presence of semiconductor industries in China, Taiwan, South Korea, and India. The rapidly growing electronic and semiconductors sector in emerging countries such as China, India, etc. are fueling the market growth in the region. In terms of both value and volume, the North America and Europeregion will record a significant CAGR of XX% during the forecasted period owing to the growing development of AI-based semiconductors and continuous demand for semiconductors from the automotive industry. The United States is the largest market for electric vehicles, the rising for electric vehicles will boost the discrete semiconductor market growth in the country.
Key players operating the global discrete semiconductor market are ABB Ltd, On Semiconductor Corporation, Infineon Technologies AG, STMicroelectronics NV, Toshiba Electronic, NXP Semiconductors NV, Diodes Incorporated, Nexperia BV, Qualcomm Incorporated, D3 Semiconductor LLC, Eaton Corporation PLC, Hitachi Ltd, Mitsubishi Electric Corp., Fuji Electric Corp., Murata Manufacturing Co. Ltd, and Taiwan Semiconductor Manufacturing Company Ltd.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Discrete Semiconductor Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Discrete Semiconductor Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Discrete Semiconductor Marketpositioning of competitors.
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