PUBLISHER: The Business Research Company | PRODUCT CODE: 1588792
PUBLISHER: The Business Research Company | PRODUCT CODE: 1588792
A Zener diode is a specialized diode that allows current to flow in the reverse direction when the applied voltage exceeds its breakdown voltage, known as the Zener voltage. It utilizes the Zener breakdown effect to maintain a stable reference voltage or protect circuits from overvoltage conditions.
The main types in the Zener diode market are surface mount technology (SMT) and through-hole technology. SMT Zener diodes are designed to be mounted directly on the surface of printed circuit boards (PCBs). The distribution channels for these diodes include direct sales and distributors. They are used by various end users such as telecommunications, industrial sectors, automotive, consumer electronics, computing, and others.
The zener diode market research report is one of a series of new reports from The Business Research Company that provides zener diode market statistics, including the zener diode industry global market size, regional shares, competitors with zener diode market share, detailed zener diode market segments, market trends, and opportunities, and any further data you may need to thrive in the zener diode industry. These zener diode market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The zener diode market size has grown steadily in recent years. It will grow from $0.81 billion in 2023 to $0.85 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to the expansion of consumer electronics, the development of telecommunications infrastructure, the increased demand for power management solutions, the rise in adoption of renewable energy technologies, and the evolution of computing and data centers.
The zener diode market size is expected to see strong growth in the next few years. It will grow to $1.04 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to the rising demand for consumer electronics, the expansion of automotive electronics, increased use in power supply circuits, the growth of renewable energy sources, and the rising adoption of smart home applications. Major trends expected in this period include the adoption of miniaturized Zener diodes, improvements in efficiency and power management, the development of Zener diodes with higher voltage tolerance, advancements in high-speed communication equipment, and integration with advanced semiconductor technologies.
The anticipated expansion of the semiconductor industry is expected to drive growth in the zener diode market. The semiconductor industry involves the design, manufacture, and sale of semiconductors-materials with electrical conductivity that falls between that of conductors and insulators. This industry's expansion is driven by rising consumer demand for advanced electronic devices, the proliferation of IoT and AI applications, increased investment in research and development, and the growing need for high-performance semiconductor components across various sectors. Zener diodes are critical to the semiconductor industry as they provide essential functions such as voltage regulation, overvoltage protection, signal conditioning, and power supply stabilization, ensuring the reliable and efficient performance of electronic circuits and devices. For example, in November 2023, the International Trade Commission, a US-based international trade and development organization, reported that global semiconductor sales reached a record $574 billion in 2022, with projections indicating they will exceed $1 trillion by 2030. Consequently, the growth of the semiconductor industry is fueling the expansion of the zener diode market.
Leading companies in the zener diode market are concentrating on developing innovative products, such as low bias current and high-efficiency zener diodes, to enhance performance and meet the increasing demands of advanced electronic devices. Low bias current and high-efficiency zener diodes are optimized to minimize power consumption and heat generation, making them ideal for applications where energy conservation and thermal management are crucial, such as in advanced electronic devices and power-sensitive circuits. For instance, in May 2024, Taiwan Semiconductor Manufacturing Company Limited, a Taiwan-based semiconductor manufacturer, introduced a new line of zener diodes that offer regulated voltages ranging from 1.8VDC to 39VDC. These diodes feature an exceptionally low bias current (IZT) of 50μA and a maximum power dissipation (PD) of 500mW, making them a suitable upgrade for existing designs and a preferred choice for new projects focusing on energy efficiency and low-power operation.
In May 2022, Micross Components, a US-based semiconductor manufacturing company, acquired the high-reliability discrete diodes and assemblies business from Semtech Corporation for an undisclosed amount. This acquisition strategically enhances Micross Components' product portfolio, enabling the company to better serve its customer base. Semtech Corporation, also based in the US, specializes in the manufacture of zener diodes.
Major companies operating in the zener diode market are Hitachi Ltd., Taiwan Semiconductor Manufacturing Company Limited, Panasonic Holdings Corporation, Toshiba Corporation, Texas Instruments Incorporated, STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Renesas Electronics Corporation, ON Semiconductor Corporation, Microchip Technology Incorporated, ROHM Co. Ltd., Vishay Intertechnology Inc., Littelfuse Inc., Nexperia Holding B.V., Diodes Incorporated, Bourns Inc., Everlight Electronics Co. Ltd., Semikron International GmbH, IXYS Corporation, Torex Semiconductor Co. Ltd., Central Semiconductor LLC, Diotec Semiconductor AG, Comchip Technology Co. Ltd., KEC Corporation
North America was the largest region in the zener diode market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the zener diode market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the zener diode market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The zener diode market consists of sales of standard zener diodes, temperature compensated zener diodes, zener diode arrays, and programmable zener 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.
Zener Diode 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 zener diode 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 zener diode ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The zener diode 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.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.