PUBLISHER: The Business Research Company | PRODUCT CODE: 1706125
PUBLISHER: The Business Research Company | PRODUCT CODE: 1706125
Power discrete and modules are crucial components in power management and control applications, enabling the precise handling of high-power levels. They are essential for ensuring efficient power management and control, thereby enhancing the functionality and performance of a wide range of electronic and electrical systems.
There are two primary types of power discrete and modules power discrete and power module. Power discrete devices are individual semiconductor components designed to manage electrical power within electronic circuits. These components encompass various elements, including thyristors, diodes, rectifiers, MOSFETs, and IGBTs, made from materials such as silicon carbide (SiC), gallium nitride (GaN), and silicon (Si). They find applications across diverse industry sectors such as telecommunications, industrial, automotive, renewable energy, consumer electronics, enterprise solutions, military and defense, aerospace, and medical fields.
The power discrete and module market research report is one of a series of new reports from The Business Research Company that provides power discrete and module market statistics, including power discrete and module industry global market size, regional shares, competitors with a power discrete and module market share, detailed power discrete and module market segments, market trends and opportunities, and any further data you may need to thrive in the power discrete and module industry. This power discrete and module 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 discrete and module market size has grown strongly in recent years. It will grow from $28.82 billion in 2024 to $31.09 billion in 2025 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to miniaturization of electronic devices, higher efficiency requirements, increased demand for power management systems, growing use of power electronics in aerospace and defense, increasing demand for power management systems in manufacturing.
The power discrete and module market size is expected to see strong growth in the next few years. It will grow to $41.53 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to growing need for electronics with low energy consumption, growing use of electric cars (EVs), consumer electronics' growth, extension of telecommunications infrastructure, growing need for power sources. Major trends in the forecast period include integration of renewable energy, technological progress, adoption of power semiconductor devices, technological advancements in power semiconductor manufacturing, adoption of smart grid technology.
The increasing demand for electric vehicles is poised to drive the growth of the power discrete and module market in the foreseeable future. Electric vehicles (EVs) are vehicles powered either entirely or partially by electricity, as opposed to solely relying on internal combustion engines (ICEs) fueled by fossil fuels. The surge in demand for electric vehicles is driven by mounting environmental concerns, a focus on energy efficiency, and government initiatives aimed at reducing greenhouse gas emissions. Power discrete components and modules play a crucial role in advancing electric vehicle technology, providing essential power management and control for efficient and reliable operation. For example, in 2024, as reported by the International Energy Agency, electric car sales in 2023 exceeded those in 2022 by 3.5 million units, marking a 35% year-on-year increase. Hence, the growing demand for electric vehicles fuels the power discrete and module market.
Key players in the power discrete and module market are focusing on developing innovative products, such as dual-phase power modules, to address the escalating demand for energy-efficient and high-performance solutions across various industries. Dual-phase power modules are specialized electronic components utilized in power management systems to deliver efficient and reliable power. These modules integrate multiple power components, including transistors, diodes, and control circuitry, into a single package. For instance, in February 2024, Infineon Technologies, a Germany-based semiconductor company, introduced its TDM2254xD series dual-phase power modules engineered to enhance power supply efficiency for AI operations in data centers. This technology incorporates OptiMOS MOSFETs and features a novel packaging design and proprietary magnetic structure facilitating efficient heat transfer from the power stage to the heat sink through an optimized inductor design.
In February 2023, Micross, a US-based semiconductor company, acquired the high-reliability DC-DC converter business from Infineon Technologies AG for an undisclosed sum. This acquisition expands Micross' portfolio of power management solutions and adds significant intellectual property to its offerings. Infineon Technologies AG, based in Germany, specializes in manufacturing power discrete modules.
Major companies operating in the power discrete and module market are Mitsubishi Electric Corporation, Toshiba Corporation, Texas Instruments Incorporated, STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, ON Semiconductor Corporation, Microchip Technology Inc., Fuji Electric Co. Ltd., ROHM Semiconductor, Vishay Intertechnology Inc., Littelfuse Inc., Diodes Incorporated, Alpha & Omega Semiconductor Limited, MACOM Technology Solutions Holdings Inc, Power Integrations Inc., Advanced Power Electronics Corp (APEC), Dynex Semiconductor Ltd., GaN Systems Inc., GeneSiC Semiconductor Inc., Semikron International GmbH, Microsemi Corporation, IXYS Corporation
North America was the largest region in the power discrete and module market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the power discrete and module market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the power discrete and module market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The power discrete and modules market consists of sales of transistors, inventor modules, and power-integrated modules. 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 Discrete And Module Global Market Report 2025 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 discrete and module 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 discrete and module ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The power discrete and module 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 forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.