A discrete semiconductor device is a single semiconductor component that performs a single electronic function. Discrete semiconductors include IGBTs, MOSFETs, thyristors, diodes, and rectifiers. A power discrete semiconductor that converts alternating current, notably IGBTs and MOSFETS, is a common component of electronic and electrical equipment such as diode (rectifier diode), LED, photocell, and phototransistor.
It has physical characteristics of integrated circuits but only perform operations; it is widely used in areas such as communication, electronics, and manufacturing. All these factors are assisting the growth for discrete semiconductor market globally.
The global discrete semiconductor market is segmented on the basis of type, industry and region. Based on type, the market is divided into bipolar transistor, rectifier, MOSFET, IGBT, thyristor, and others. In terms of industry, the market is categorized into consumer electronics, communication, automotive, industrial, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
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Key players operating in the global discrete semiconductor industry include Eaton Corporation Plc, Mouser Electronics, Inc., Vishay Inter technology, Inc., ROHM CO., LTD., Diodes Incorporated, Mitsubishi Electric Corporation, Hitachi Power Semiconductor Device, Ltd., Fuji Electric Co., Ltd., Murata Manufacturing Co., Ltd., NXP Semiconductors. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global discrete semiconductor market.
Top Impacting Factors
Rise in demand for high-energy and power-efficient devices, as well as an increase in the prevalence of wireless and portable electronic products, increased demand for green energy power generation drives, increased rapid growth in the automotive industry, increased demand for MOSFETs and IGBTs in electronics and automobiles, and increased development of ASICs drive the discrete semiconductor market.
However, rise in discrete semiconductor prices, increased focus on integrated circuits, and a lack of technological progress and development are among the primary factors that limit the growth of the discrete semiconductor market.
New Product Launches to Flourish the Market
With a brand-new 11 kW station, ABB, a Swedish Swiss multinational corporation, introduced vehicle-to-grid technology for bi-directional charging in October 2020. ABB will offer its brand-new 11 kW bi-directional charging technology, specifically designed for V2G, as part of a deal with DREEV, a joint venture between Électricité de France (EDF) and Nuvve that specializes in intelligent charging for EVs. ON Semiconductor, a US based semiconductors supplier company, announced that Veridify’s Public Key security features are now available for the RSL10, the industry’s lowest power Flash-based Bluetooth Low Energy Radio System on Chip (SoC).
Veridify Security’s tools are offered as part of a CMSIS-Pack, which provides developers with a familiar and quick way to protect their RSL10 systems with important security features including device-to-device authentication, data protection, and secure firmware updates. All these factors are creating lucrative discrete semiconductor market opportunity globally.
Surge in Usage in Automotive Industry
Automotive is one of the rising industries of the discrete semiconductors industry and is expected to have a substantial share with the increased adoption of EVs (Electric vehicles) and HEVs (hybrid electric vehicles). Innovations such as autonomous car technology, regenerative braking, and the integration of a multitude of sensors have raised demand for discrete semiconductors (like LiDAR and cameras).
In addition, government rules requiring advanced driver assistance systems (ADAS) have supported the discrete semiconductor industry. Electronic components in the automotive industry are important for safety and are exposed to high voltages and harsh environments. This has led to the development of a new line of discrete semiconductors for automotive applications by the makers.
The electric vehicle market is very competitive, and new manufacturers are pushing the boundaries of innovation. Porsche, for example, in 2019 built its Taycan with an 800 V system, but many modern electric cars use 400 V batteries. As a result, established automotive component makers have begun to build discrete semiconductor lines for the automobile market.
Key Benefits of the Report
- This study presents the analytical depiction of the discrete semiconductor market forecast trends along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the discrete semiconductor market trends.
- The current market is quantitatively analyzed to discrete semiconductor market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed discrete semiconductor market analysis based on competitive intensity and how the competition will take shape in coming years