Global Discrete Semiconductor Market growing at a CAGR of 8.3% from 2023 to 2031

Category : Semiconductor And Electronics | Published Date : Dec 2023

Key Market Overview

The Global Discrete Semiconductor Market was valued at USD 43.72 Billion in 2022, projected to grow by USD 46.35 Billion in 2023, and is expected to register a compound annual growth rate of 8.3% to reach USD 88.03 Billion in 2031.

The report highlights the increasing adoption of discrete semiconductor in consumer electronics, automotive, and other sectors. Consegic Business Intelligence provides an inclusive research report on the discrete semiconductor market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.

Global Discrete Semiconductor Market By Overview

Global Discrete Semiconductor Market

The report analyses significant segments such as type, sales channel, end-user, and region, to identify emerging trends and potential opportunities. The type segment is expected to grow due to the increasing adoption of transistors in aerospace, telecommunication, automotive, and other industrial applications. Moreover, the rising innovations associated with diodes and increasing deployment of diodes in IT & telecommunication, automotive, and other industries is expected to drive the market growth during the forecast period.

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Market Dynamics

Driver:

 

  • Rising utilization of discrete semiconductor in consumer electronics industry is driving the market growth.
  • Growing automotive sector is spurring the market growth.

 

Restraints:

  • High cost of raw materials is restraining the market growth.

Market Segmentation:

Report Attributes Report Details
By Type Transistor, Thyristor, Diodes, Rectifier, and Others
By Sales Channel Direct Sales and Distributor Sales
By End-User Automotive, Aerospace & Defense, IT & Telecommunication, Consumer Electronics, and Others
By Region North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Competitive Landscape :

The global discrete semiconductor market is highly competitive due to the presence of major players such as Infineon Technologies AG, STMicroelectronics, ABB, Microchip Technology Inc., and others operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in discrete semiconductor market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.

  • Infineon Technologies AG
  • STMicroelectronics
  • ABB
  • TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION
  • Mitsubishi Electric Corp
  • Fuji Electric Co. Ltd.
  • Vishay Intertechnology Inc.
  • Renesas Electronics Corporation
  • Nexperia
  • ROHM CO., LTD
  • Microchip Technology Inc.