PUBLISHER: The Business Research Company | PRODUCT CODE: 1427975
PUBLISHER: The Business Research Company | PRODUCT CODE: 1427975
A Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) is specifically designed for power applications that demand high current and voltage levels. It finds utility in various sectors and is employed in electrical equipment requiring efficient power switching and control.
The primary types of power MOSFETs include depletion mode power MOSFETs and enhancement mode power MOSFETs. A depletion-mode power MOSFET is a type of transistor operating in depletion mode within the metal-oxide-semiconductor field-effect transistor (MOSFET) category. These power MOSFETs are classified based on power ratings, with options such as high power, medium power, and low power. They find applications in diverse industries, including energy and power, consumer electronics, automotive, inverter and UPS systems, industrial applications, and others.
The power MOSFET market research report is one of a series of new reports from The Business Research Company that provides power MOSFET market statistics, including power MOSFET industry global market size, regional shares, competitors with a power MOSFET market share, detailed power MOSFET market segments, market trends and opportunities, and any further data you may need to thrive in the power MOSFET industry. This power MOSFET market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The power mosfet (metal-oxide-semiconductor field-effect transistor) market size has grown strongly in recent years. It will grow from $7.6 billion in 2023 to $8.22 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The expansion observed in the historical period can be attributed to the proliferation of electronics in consumer devices, the growth of power electronics applications, an increasing demand for energy-efficient devices, the expansion of the automotive industry, and the continuous evolution of the telecommunications infrastructure.
The power mosfet (metal-oxide-semiconductor field-effect transistor) market size is expected to see strong growth in the next few years. It will grow to $10.86 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The anticipated growth in the forecast period can be attributed to the adoption of electric vehicles and renewable energy, the expansion of 5G networks and IoT devices, an increasing demand for power management in data centers, growth in industrial automation, and advancements in power MOSFET design. Key trends expected in the forecast period encompass the miniaturization of power MOSFETs, the integration of advanced packaging technologies, the development of wide-bandgap power MOSFETs, the increasing use of gallium nitride (GaN) and silicon carbide (SiC), and the adoption of advanced gate driver technologies.
The power MOSFET market is poised for growth, driven by the increasing adoption of electric vehicles. Electric vehicles utilize electrical energy stored in batteries to power electric motors, with Power MOSFETs playing a crucial role in the inverter system. These components facilitate the transformation of DC power from the battery into AC power for the electric motor. Notably, the International Energy Agency reported a nearly doubled sales figure of electric vehicles, reaching 6.6 million in 2021 compared to 2020, resulting in a total of 16.5 million electric vehicles on the road. Consequently, the expanding adoption of electric vehicles is a key factor propelling the growth of the power MOSFET market.
A factor contributing to the growth of the Power MOSFET market is the increasing demand for consumer electronics. Power MOSFETs, or Metal-Oxide Semiconductor Field-Effect Transistors, are integral to power management circuits in consumer electronics such as smartphones, laptops, tablets, and portable devices. These components play a vital role in efficient power conversion and voltage regulation, thereby contributing to extended battery life. The consumer electronics market is witnessing significant expansion, with an anticipated global expenditure of $505 billion on electronics by the end of 2022, according to data from Shopify, a Canada-based multinational e-commerce company. This rising demand for consumer electronics is a driving force behind the growth of the Power MOSFET market.
Technological advancements represent a prominent trend in the power MOSFET market, with major companies embracing new technologies to maintain their market positions. In November 2021, Infineon Technologies AG, a Germany-based semiconductor manufacturing company, introduced OptiMOSTM 6 100 V, featuring a new power MOSFET technology designed for high switching frequency applications such as telecom and solar. The technology aims to minimize switching and conduction losses, enhancing energy efficiency through low on-resistance (RDS (on)) and low gate charge.
Major players in the Power MOSFET market are focusing on product developments and launches, such as the introduction of metal-oxide semiconductor field-effect transistor (MOSFET) modules. These modules consist of interconnected MOSFETs integrated into a single, compact device. For instance, Mitsubishi Electric Corporation, a Japan-based multinational electronics and electrical equipment manufacturing company, launched a 50W silicon radio-frequency (RF) high-power MOSFET module in July 2022. This innovative product, designed for high-frequency power amplifiers in commercial two-way radios, stands out with a remarkable 50W power output and an impressive total efficiency of 40%, contributing to improved communication range and reduced power consumption.
In October 2022, Vishay Intertechnology Inc., a US-based semiconductor manufacturing company, made a strategic move by acquiring MaxPower Semiconductor Inc. for $50 million. This acquisition aims to enhance Vishay Intertechnology's product range and competitive position by integrating cost-effective power MOSFET solutions from MaxPower Semiconductor Inc. into its business development efforts.
Major companies operating in the power mosfet (metal-oxide-semiconductor field-effect transistor) market report are Panasonic Corporation, Mitsubishi Electric Corporation, Sumitomo Electric Industries Ltd., Toshiba Corporation, Texas Instruments Incorporated, STMicroelectronics NV, TDK Corporation, Infineon Technologies AG, NXP Semiconductors Inc., Analog Devices Inc., Semikron Danfoss, Renesas Electronics Corporation, ON Semiconductor Corporation, Fuji Electric Co. Ltd., Microchip Technology Inc., Digi-Key Corp., Vishay Intertechnology Inc., ROHM Semiconductor, Littelfuse Inc., Nexperia, Diodes Incorporated, Silicon Laboratories Inc., Alpha and Omega Semiconductor Ltd., Power Integration Inc., IXYS Corporation, Central Semiconductor Corp., Rongtech Industry (Shanghai) Inc., Fairchild Semiconductor International Inc.
Asia-Pacific was the largest region in the power MOSFET market in 2023. North America is expected to be the fastest-growing region in the power MOSFET market report forecast period. The regions covered in the power mosfet (metal-oxide-semiconductor field-effect transistor) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the power mosfet (metal-oxide-semiconductor field-effect transistor) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The power MOSFET market consists of sales of semiconductor material, gate terminals, source terminals, drain terminals, and body diodes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on power mosfet (metal-oxide-semiconductor field-effect transistor) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for power mosfet (metal-oxide-semiconductor field-effect transistor) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The power mosfet (metal-oxide-semiconductor field-effect transistor) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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