Competition Scenario in Global Discrete Semiconductor Market
The Global Discrete Semiconductor market has nearly 100 players, including globally diversified players, regional players, and country-niche players having expertise in addressing specific technological needs relating to one or multiple specific sub-segments.
Large global players constitute ~25% of the market in terms of the number of competitors, while regional players represent largest number of competitors. Some of the major players in the market include ABB Limited, ON Semiconductor Corporation, Infineon Technologies AG, STMicroelectronics NV, Toshiba Corporation, NXP Semiconductors, Diodes Incorporated, Nexperia, D3 Semiconductor, Eaton Corporation, Hitachi Ltd, Mitsubishi Electric Corporation, Fuji Electric Corporation, Taiwan Semiconductor Manufacturing Company Ltd., and Vishay Inter technology Inc. among others.
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What is the Expected Future Outlook for the Overall Global Discrete Semiconductor Market Across the globe?
The Global Discrete Semiconductor market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.
The Global Discrete Semiconductor market is driven by rise in demand in the automotive market, especially in the Electric Vehicles segment and increasing use of efficient electronic devices. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.
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With the increasing innovation and emergence of new products, the Global Discrete Semiconductor market is changing rapidly. For instance, In Mid-December 2021, STMicroelectronics introduced a family of GaN power semiconductors under its STPOWER portfolio. These newly launched family of products are capable of notably reducing the consumption of power and facilitating slimmer designs for a variety of end-use consumer electronics products, such as chargers, external power adapters for PCs, LED-lighting drivers, and power supplies to be used inside televisions and other home appliances.
In August 2022, Toshiba introduced its 3rd generation silicon carbide (SiC) MOSFETs, capable of delivering low on-resistance and reducing switching loss. Toshiba is dedicated to coming up with more such products in the future as part of its commitment to help realize a carbon-free economy with high-performance power devices.
In April 2022, Nexperia added to its existing lineup of discrete components that came in leadless DFN packages with side-wettable flanks. The company expects, owing to their space-saving features and resilience, these components would help meet the demands of next-gen smart and electric vehicles.
Furthermore, the Global Discrete Semiconductor Market is expected to grow at a steady pace of ~7% during next 6 years and reach a revenue of ~US$55 Bn by 2028, owing to its applications in the consumer electronics and automotive markets. While the demand for high-energy, low-power devices would drive growth from the consumer electronics part of the market, increasing electrification and automation requirements in vehicles would fuel demand from the automotive category. Uses in the medical industry, construction industry, and lighting industry, in general, would also contribute to the growing demand for discrete semiconductors. There are nearly 100 competitors but regional players comprise the largest number among them.
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Global Discrete Semiconductor Market
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