Automotive Transistor Market

Automotive Transistor Market

Growth Factors of Automotive Transistor Market

The automotive transistor market size was valued at USD 4.90 billion in 2022, and the market is now projected to grow from USD 5.07 billion in 2023 to USD 6.90 billion by 2030, exhibiting a CAGR of 4.50% during the forecast period of 2023-2030.

Government has put restrictions on social gatherings, events and moving out from home which make the people homesick. Numerous companies are encountering hurdles due to covid pandemic as the outbreak situation has curtailed production and supply chain which has hindered the market switched to treating covid patients as priority over the other procedures which led the automotive transistor market growth.

Increasing vehicle electrification to fuel automotive transistor market growth during projected period. The electrification of automobiles is one of the major factors driving up the need for transistors. Technological Developments in Safety and Autonomous Driving will Accelerate Market growth during projected period. The market is expanding because to the emergence of sophisticated car safety systems and autonomous driving. These systems mainly rely on actuators, sensors, and advanced electronic control units that process signals, regulate power, and perform switching using transistors.

Growing use of wide bandgap semiconductors, like gallium nitride (GAN) and silicon carbide will fuel Market growth during projected period. Comparing wide bandgap semiconductors to conventional silicon-based transistors reveals a number of benefits. SiC and GaN exhibit superior energy efficiency due to their reduced conduction and switching losses. With increased efficiency came longer driving ranges for electric cars and lower fuel consumption for cars with internal combustion engines. And also their advance designs add to space-saving and fit with lightweight automobiles.

Comprehensive Analysis of Automotive Transistor Market

The automotive transistor market and automotives industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the automotives benefit management industry. These segmentations are methodically segregated by architecture types and by application. The types segmentations include, Negative-Positive-Negative (NPN) and Positive-Negative-Positive (PNP)), By Application Type segmentations include Passenger Cars and Commercial Vehicles.

The Asia Pacific region lead the automotive transistor market by benefitting a market size of USD 2.49 billion in 2023 due to expanding consumer demand for connected and electrified cars as well as for more cars to be produced.

The top players in the market play a crucial role in the automotives industry assuring industrial prospectus growth and setting market standards. These key industry players include, STMicroelectronics (Switzerland), Infineon Technologies (Germany), Toshiba (Japan), Diodes Incorporated (U.S.), Rohm (Japan), Sanken Electric (Japan), Renesas Electronics Corporation (Japan) and NXP Semiconductors (Netherlands) these market players provide a level-playing competitive environment across the globe.

In September 2021, BMW and GaN Systems have a deal in place for GaN Systems to provide the manufacturer with power transistors. The aims of this automotive-grade GaN power transistor is to e ponancewer density and efficiency in vital Electric vehicle applications.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 4.50% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Architecture Type

Negative-Positive-Negative (NPN)

Positive-Negative-Positive (PNP)

By Application Type

Passenger Cars

Commercial Vehicles

By Geography

North America (By Architecture Type, By Application Type, By Country)

• U.S. (By Application Type)
• Canada (By Application Type)
• Mexico ( By Application Type)

Europe ( By Architecture Type, By Application Type, By Country)

• U.K. ( By Application Type)
• Germany ( By Application Type)
• France (By Application Type)
• RoEU (By Application Type)

Asia Pacific (By Architecture Type, By Application Type, By Country)

• China (By Application Type)
• Japan (By Application Type)
• India (By Application Type)
• South Korea (By Application Type)
• Rest of Asia Pacific (By Application Type)

Rest of the World (By Architecture Type, By Application Type)


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