Electrolyzer Market Forecasts to 2028 – Global Analysis By Capacity (500 kW - 2 MW, = 500 kW, Above 2 MW), Product (Solid Oxide Electrolyzer, Alkaline Electrolyzer, Polymer Electrolyte Membrane (PEM) Electrolyzer), Application (Industry Feedstock, Power G

Electrolyzer Market Forecasts to 2028 – Global Analysis By Capacity (500 kW - 2 MW, ≤ 500 kW, Above 2 MW), Product (Solid Oxide Electrolyzer, Alkaline Electrolyzer, Polymer Electrolyte Membrane (PEM) Electrolyzer), Application (Industry Feedstock, Power Generation, Building Heating & Power, Industry Energy, Transportation) and Geography

According to Stratistics MRC, the Global Discrete Semiconductor Market is accounted for $21.63 billion in 2022 and is expected to reach $32.82 billion by 2028 growing at a CAGR of 7.2% during the forecast period. Discrete semiconductors are solitary components designed to serve a comparable purpose to two distinct devices when arranged in a particular way. They are used in computers, cell phones, hybrid cars, LED lights, tablets, and portable medical gadgets to carry out modest electronic tasks including power conversion and voltage management. Discrete semiconductors provide faster operation and less power usage.

According to the US Consumer Technology Sales and Forecast study, conducted by the Consumer Technology Association (CTA), the revenue generated by smartphones was valued at USD 79.1 billion and USD 77.5 billion in 2018 and 2019, respectively. According to Apple, in the second quarter of its 2020 fiscal year, the company generated USD 28.96 billion in revenue from the sales of iPhones. According to the IEA, global sales of electric automobiles will reach 6.6 million in 2021. Electric vehicles accounted for 9% of global vehicle sales.

Market Dynamics:

Driver:

Surging Requirement of Discrete semiconductor

The main factors influencing the growth of this market are anticipated to be the rising need for high-energy and power-efficient gadgets as well as the spike in demand for green energy power generation drives. Additionally, the rising demand for MOSFETs and IGBTs in electronics and cars, together with the ongoing need for semiconductors from the automotive industry. In addition, the proliferation of wireless and portable electronics, the strong demand from emerging economies, and the explosive rise of the automobile industry all contribute to the market's expansion.

Restraint:

Lack of Advancement

Lack of advancement and development in technology further restricts overall market growth. This discrete semiconductor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the discrete semiconductor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Opportunity:

Rise in demand for high-energy

The discrete semiconductor market is driven by a rise in demand for high-energy and power-efficient devices, as well as an increase in the popularity of wireless and portable electronics, increasing need for green energy power production drives, increased rapid growth in the automotive industry, higher demand for MOSFETs and IGBTs in electronics and cars, and increased development of ASICs.

Threat:

Price pressure and design complexity to hinder market growth

Prices that keep rising are expected to impede market expansion. It's because the top producers are having trouble getting the necessary ingredients. The COVID-19 pandemic has made the situation even worse. Additionally, the disruptions caused by tariffs and the trade conflict between the nations are having an effect on the import and export of components, which in turn has an impact on how much it costs to manufacture discrete devices.

Covid-19 Impact

The world and national economies both suffered greatly as a result of the COVID-19 pandemic. Discrete semiconductors are among the end-user industries that have been impacted. Work on the factory floor, where employees are in close proximity to one another while collaborating to increase productivity, makes up a significant portion of the production of electronic components. Additionally, a lot of businesses have put off hardware upgrades and other lengthy migration initiatives. A significant portion of the manufacturing process for electronic components takes place on the factory floor, where workers are squeezed together closely to boost productivity.

The transistors segment is expected to be the largest during the forecast period

The transistors segment is estimated to have a lucrative growth, due to the increased use of MOSFETs, IGBTs, and bipolar transistors in the automotive, consumer electronics, and other industries. The product's advantages include enhanced dynamic performance, reduced thermal impedance, decreased gate-to-drain feedback capacitance, and enhanced switching speeds, among others, are anticipated to be responsible for the market expansion.

The Automotive segment is expected to have the highest CAGR during the forecast period

The Automotive segment is anticipated to witness the fastest CAGR growth during the forecast period, due to a raise in the implementation of EVs and HEVs. Innovations like autonomous driving, regenerative braking, and the addition of various sensors are to blame for the rise in demand for discrete semiconductors (like LiDAR and cameras). Government rules requiring advanced driver assistance systems (ADAS) have also contributed to the expansion of this market.

Region with highest share:

North America is projected to hold the largest market share during the forecast period owing to the great automotive plus other industries in the region those consumer discrete semiconductors. Electronics with AI assistance, such as smart phones, tablets, and other devices, are expanding rapidly in the area. Overall, strong electronics and semiconductor companies with end users from a variety of industries, including consumer electronics and automotive parts, drive the region's discrete semiconductor market. The transition from 4G to 5G is happening around the world, and Smartphone transmission speeds are rising dramatically. The amount of data being communicated could rise as a result of the faster transmission rates.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the existence of semiconductor industries in various countries, increase in the require for green energy power generation boosts and MOSFETs & IGBTs in electronics as well as automobiles beside the raise in the quick growth in automotive industry inside the region.

Key players in the market

Some of the key players profiled in the Discrete Semiconductor Market include Diodes Incorporated, ABB, Infineon Technologies AG, Mitsubishi Electric Corporation, D3 Semiconductor LLC, STMicroelectronics, Microchip Technology, Murata Manufacturing Co. Ltd, NXP Semiconductors, Vishay Intertechnology Inc., Qualcomm Incorporated, Toshiba Electronic, Nexperia, United Silicon Carbide Inc., Eaton Corporation PLC, Taiwan Semiconductor Ltd., Fuji Electric Corp., and Hitachi Ltd.

Key Developments:

In July 2022, Mitsubishi Electric Corporation announced to launch of a 50W silicon radio-frequency (RF) high-power metal-oxide-semiconductor field-effect transistor (MOSFET) module for use in high-frequency power amplifiers of commercial two-way radios.

In January 2022, Vishay Intertechnology Inc. introduced two new n-channel TrenchFET MOSFETs: 60 V SiJH600E and 80 V SiJH800E. These increase power density, efficiency, and board-level reliability in telecom and industrial applications by combining ultra-low on-resistance with a high-temperature operation to +175 °C and high continuous drain current handling.

In December 2021, STMicroelectronics introduced its third generation STPOWER silicon-carbide (SiC) MOSFETs, advancing the power devices for electric-vehicle (EV) powertrains and other applications where power density, energy efficiency, and reliability are essential to target criteria.

In July 2021, Nexperia announced the launch of nine new power bipolar transistors, extending its portfolio of products in the thermally and electrically advantageous DPAK package to cover applications from 2 A to 8 A and from 45 V up to 100 V.

In March 2021, Infineon Technologies launched the 650 V CoolSiC Hybrid Discrete automotive applications, contains a 50 A TRENCHSTOP 5 fast-switching IGBT and a CoolSiC Schottky diode to enable a cost-efficient performance boost and high reliability. The combination builds a cost-performance trade-off for hard-switching topologies and sustains high system integrity in addition to bi-directional charging.

Types Covered:
• Thyristors
• Transistors
• Modules
• Diodes
• Other Types

Components Covered:
• Logic Devices
• Memory Devices
• Discrete Power Devices
• Other Components

Raw Materials Covered:
• Natural/Bio-Based Polymers (Bioplastics)
• Synthetic Polymers
• Other Raw Materials

End Users Covered:
• Consumer Electronics
• Industrial
• Automotive
• Communication
• Networking
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements