PUBLISHER: 360iResearch | PRODUCT CODE: 1499459
PUBLISHER: 360iResearch | PRODUCT CODE: 1499459
[182 Pages Report] The Discrete Semiconductors Market size was estimated at USD 52.02 billion in 2023 and expected to reach USD 54.55 billion in 2024, at a CAGR 5.08% to reach USD 73.62 billion by 2030.
Discrete semiconductors are individual semiconductor components designed to perform specific electrical functions. Unlike integrated circuits, which combine multiple functions on a single chip, discrete semiconductors fulfill singular roles, such as rectification, switching, or amplifying signals. Major factors expanding their use include the rising demand for consumer electronics, the growth of the automotive sector with the advent of electric and autonomous vehicles, and the increasing need for energy-efficient power solutions. Despite their advantages, integration limitations, as they require more space and potentially higher manufacturing costs compared to integrated solutions, may challenge the market growth. Moreover, heat dissipation and the complexity of circuit design also present hurdles. Nevertheless, the continuous evolution of technology presents an opportunistic view for market growth. Moreover, advancements in materials, the proliferation of smart devices, and ongoing innovations in renewable energy systems are expected to fuel further growth and application of discrete semiconductors.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 52.02 billion |
Estimated Year [2024] | USD 54.55 billion |
Forecast Year [2030] | USD 73.62 billion |
CAGR (%) | 5.08% |
Regional Insights
The discrete semiconductors market shows a developed landscape across the Americas, particularly the United States and Canada, with a well-established electronics and automotive industry. The rise in electric vehicles (EVs) and advancements in telecommunication technologies, including 5G, are increasing the adoption of discrete semiconductors. The EMEA region is witnessing steady growth due to the strong presence of automotive manufacturers and enhancing industrial automation. Europe, in particular, has been focusing on green energy and smart technologies, proliferating applications of discrete semiconductors in renewable energy applications, and smart automotive solutions. Additionally, government initiatives supporting renewable energy projects are boosting the use of discrete semiconductors in this region. Asia Pacific is the most significant market for discrete semiconductors, driven by rapid industrialization and the presence of major consumer electronics manufacturers. Furthermore, countries including China, Japan, and South Korea are becoming major contributors due to their extensive semiconductor manufacturing capabilities and research and development activities.
Market Insights
The market dynamics represent an ever-changing landscape of the Discrete Semiconductors Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Discrete Semiconductors Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Discrete Semiconductors Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Microchip Technology Expands Partnership with TSMC to Enhance 40nm Manufacturing Capacity in Japan
Microchip Technology has strengthened its partnership with TSMC by expanding specialized 40nm manufacturing capabilities at Japan Advanced Semiconductor Manufacturing, Inc. (JASM) in Kumamoto Prefecture. This move aligns with Microchip's strategy to enhance supply chain resilience by investing in internal manufacturing and diversifying wafer fab, foundry, assembly, test, and OSAT partners globally. [Published On: 2024-04-08]
Vishay Intertechnology Acquires Nexperia's Newport Wafer Fab to Boost Electrification and Decarbonization Efforts
Vishay Intertechnology, Inc. acquired Nexperia's semiconductor wafer fabrication facility in Newport, South Wales, for around USD 177 million in cash, net of acquired funds. Situated on 28 acres, this 200mm automotive-certified fab is the UK's significant, capable of producing over 30,000 wafers monthly. The Newport facility, known for its longstanding contributions to the automotive and industrial sectors, will be transformed into a center of manufacturing excellence focused on Net Zero Transformation, emphasizing decarbonization and electrification. [Published On: 2024-03-06]
Mitsubishi Electric Partners with Nexperia to Advance Silicon Carbide Power Semiconductors
Mitsubishi Electric Corporation announced a strategic partnership with Nexperia B.V. to jointly develop silicon carbide (SiC) power semiconductors for the power electronics market. Mitsubishi Electric utilizes its advanced semiconductor technologies to develop SiC MOSFET chips, which Nexperia integrates into SiC discrete devices. This partnership aims to support the growing electric vehicle market due to SiC semiconductors' lower energy loss, higher operating temperatures, and faster switching speeds. The increased efficiency of SiC technology is anticipated to contribute significantly to global efforts in decarbonization and green transformation. [Published On: 2023-11-13]
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Discrete Semiconductors Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Discrete Semiconductors Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Ampleon Netherlands B.V., Analog Devices Inc., Calogic, LLC, China Resources Microelectronics Limited, Coherent Corporation, Diodes Incorporated, Fuji Electric Co., Ltd., Good-Ark Semiconductor, Hitachi, Ltd., HY Electronic(Cayman) Limited, Infineon Technologies AG, Littelfuse, Inc., Micro Commercial Components, Inc., Microchip Technology Inc., MicroWave Technology, Inc., Mitsubishi Electric Corporation, Nexperia B.V., Nisshinbo Micro Devices Inc., NXP Semiconductors N.V., PANJIT International Inc., Qorvo Inc., Renesas Electronics Corporation, ROHM Co., Ltd., Rongtech Industry (Shanghai) Inc., Semiconductor Components Industries, LLC, Semtech Corporation, STMicroelectronics International N.V., Taiwan Semiconductor Co., Ltd., TDK Corporation, Texas Instruments Incorporated, Toshiba Corporation, TTI, Inc., and Vishay Intertechnology, Inc..
Market Segmentation & Coverage