Power Transistor Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Power Transistor Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Power Transistor Market

The power transistor market size was valued at USD 13.56 billion in 2023, and the market is now projected to grow from USD 13.76 billion in 2024 to USD 26.83 billion by 2032, exhibiting a CAGR of 10.0% during the forecast period of 2024-2032.

The pandemic had a good-sized effect on each industry verticals. To prevent the spread of COVID-19, governments carried out lockdowns and mobility regulations. This difficulty has prompted the closure of semiconductor and electronics manufacturing plants. The surprising closure of manufacturing facilities interrupted the deliver chain of electronics and semiconductor materials, resulting in a modest decrease in call for transistors, diodes, and triodes. However, COVID-19 has had a notable have an effect on client behaviour and organization views. Government officers and crucial marketplace actors advanced plans to control the COVID-19 scenario.

The application of present-day technology in the electronics and semiconductor industries is regularly increasing. As era advances, environmental troubles like pollutants and E-waste turn out to be more general. To cope with this problem, many stop users choose for green electrical and semiconductor components along with transistors, diodes, and triodes. The utilization of transistors, which include MOSFETs and FETs, is assisting to lessen pollutants. Transistors enhance electric tool performance by stopping overheating and dispersing warmness. Many international locations continue to utilize fossil fuels to generate energy, which contributes to pollutants. MOSFET and FET reduce electronic tool electricity consumption and keep away from degradation.

Automation has become more important in modern corporate operations during the past 20+ years. Emerging technologies like the internet of things and industrial automation are encouraging people to integrate linked gadgets into their regular routines. In November 2022, ""Automation Anyware"" reported that 83% of enterprises worldwide have increased productivity by using IoT and linked devices. Power transistors help the gadget disperse heat and avoid overheating. These transistors cut carbon dioxide emissions and energy costs for linked devices. The predicted timeframe sees an increase in demand for power transistor market growth due to their numerous benefits.

Comprehensive Analysis of Power Transistor Market

The 2022 market for transistors is divided into bipolar junction transistors, field effect transistors, and heterojunction bipolar transistors. Bipolar junction transistors are popular for their ability to amplify switches and signals, while field effect transistors improve heat deception in consumer electronics. Technological advancements in the electronics and semiconductor industry drive growth. The market is classified into Low-voltage FETs, RF and Microwave Power, High-Voltage FETs, and IGBT transistors. Low voltage field effect transistors generated the highest revenue due to lower retail prices. The RF and Microwave Power segments followed suit, with insulated gate bipolar transistors and high voltage field effect transistors experiencing moderate growth. The IT and telecommunication segment shows the highest CAGR.

The Asia Pacific region lead the power transistor market share by benefitting a market size of USD 7.33 billion in 2023 due to the because of the Asia Pacific region generates extra money in the international market. It is rising because the dominant region inside the international marketplace. Developed international locations like South Korea, China, Japan, Taiwan, and Singapore have current semiconductor and electronics units, in addition to superior R and D facilities. Malaysia, India, Australia, and Vietnam are leading the manner in semiconductor and electronics manufacturing, using regional market increase.

Mitsubishi Electric Corporation (Japan) dominates the semiconductor business because of its sophisticated studies and manufacturing facilities. This corporation is a leading provider of semiconductors and electric devices inside the enterprise. Furthermore, Diodes Incorporated. (U.S.), Texas Instruments Incorporated (U.S.) and Microchip Technology_lncx (U.S.), Infineon Technologies AG (Germany), NXP Semiconductor (Netherlands), Vishay Intertechnology Inc. (U.S.), Renesas Electronic Corporation (Japan), ST Microelectronics (Switzerland) and different businesses have used partnerships, collaboration, acquisitions, and product launches to increase market share and compete successfully.

In March 2022, NXP Semiconductors introduced a new product that is RF power discrete transistors for 32T32R and 64T64R. This transistor, built of gallium nitrate, enhances the efficiency of urban and sub-city antennas with the aid of presenting considerable MIMO insurance.

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 10.0% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Type

Bipolar Junction Transistor

Field Effect Transistor

Heterojunction Bipolar Transistor

Others

By Technology

Low-voltage FETs

RF and Microwave Power

High-Voltage FETs

IGBT Transistor

By Industry Vertical

Consumer Electronics

IT & Telecommunication

Automotive

Manufacturing

Others

By Region

North America (By Type, By Technology, By Industry Vertical and By Country)

- U.S. (By Industry Vertical)

- Canada (By Industry Vertical)

- Mexico (By Industry Vertical)

Europe (By Type, By Technology, By Industry Vertical and By Country)

- U.K. (By Industry Vertical)

- Germany (By Industry Vertical)

- France (By Industry Vertical)

- Italy (By Industry Vertical)

- Spain (By Industry Vertical)

- Rest of Europe (By Industry Vertical)

Asia Pacific (By Type, By Technology, By Industry Vertical and By Country)

- China (By Industry Vertical)

- India (By Industry Vertical)

- Japan (By Industry Vertical)

- South Korea (By Industry Vertical)

- Rest of Asia Pacific (By Industry Vertical )

Middle East & Africa (By Type, By Technology, By Industry Vertical and By Country)

- GCC (By Industry Vertical)

-South Africa (By Industry Vertical)

- Rest of the Middle East and Africa (By Industry Vertical)

South America (By Type, By Technology, By Industry Vertical and By Country)

- Brazil (By Industry Vertical)

- Argentina (By Industry Vertical)

- Rest of South America (By Industry Vertical)


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