Power MOSFET Market Projected to Hit $6,340 Million by 2023 | Infineon Technologies AG, Fairchild Semiconductors, Renesas Electronics Corporation, Digi-key Electronics, Toshiba Corp., IXYS Corporation

Enhancement mode power MOSFET module is the foremost device, widely used in various electronic devices. At present, the rise in demand for higher efficiency, faster switching, and minimal power loss drives the market.

According to a new report published by Allied Market Research, titled, "Power MOSFET Market by Type, Power Rate and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the Power MOSFET market was valued at $3,730 million in 2016, and is projected to reach $6,340 million by 2023, growing at a CAGR of 7.4% from 2017 to 2023.

The key players operating in the power MOSFET market have adopted new product launch as their preferred strategy to expand their market foothold. The major players profiled in this report include Infineon Technologies AG, Fairchild Semiconductors, Renesas Electronics Corporation, Digi-key Electronics, Toshiba Corp., IXYS Corporation, Power Integration, STMicroelectronics, NXP Semiconductors, and Texas Instruments.

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Key Benefits

o The study provides an in-depth analysis of the global power MOSFET market to elucidate the prominent investment pockets.

o Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.

o The report provides information related to key drivers, restraints, and opportunities and their impact analysis.

o The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

Low power MOSFET segment is projected to maintain its lead in the overall MOSFET market, as these modules are used in consumer electronics, such as smart phone, televisions, and others. Moreover, Asia-Pacific is the major revenue contributor of this market due to increase in demand for electric gadgets, which utilize MOSFET for power transaction. China, India, and Japan are the major consumers of MOSFET in the Asia-Pacific region.

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Among applications, consumer electronics segment dominated the global market in 2016, accounting for 23% share. High input impedance and improved parallel current sharing has fueled the market growth. However, industrial system is anticipated to be the most lucrative application segment, and is expected to grow at the highest CAGR of 9.0% during the forecast period.

Asia-Pacific was the major revenue contributor in 2016, and is expected to maintain its dominance throughout the forecast period. This is attributed to the increase in number of power management devices and solutions. Moreover, developments in energy & power and automotive sectors are anticipated to boost the growth of the power MOSFET market, especially in the Asia-Pacific countries, such as China, Japan, Australia, and India.

Asia-Pacific is anticipated to grow at highest CAGR of 8.4% during the analysis period, owing to increase in demand for switching devices and rise in the adoption of controllers in consumer electronics and other sectors. Technological advancements to overcome complexity of the circuit are expected to offer lucrative opportunities for market players in the near future.

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Power MOSFET Market Key Segments :

By Type

o Processor
o Power Supply
o Input/Output (I/O)

By Power Rate

o Low Power
o Medium Power
o High Power

By Application

o Energy & Power
o Consumer Electronics
o Automotive
o Inverter & UPS
o Others

By Geography

o North America

o U.S.
o Mexico
o Canada

o Europe

o UK
o Germany
o France
o Rest of the Europe

o Asia-Pacific

o China
o Japan
o India
o Australia
o Rest of Asia-Pacific

o LAMEA

o Latin America
o Middle East
o Africa

Key Players

o Infineon Technologies AG
o Fairchild Semiconductor
o Renesas Electronics Corporation
o Digi-Key Electronics
o Toshiba Corporation
o IXYS Corporation
o Power Integration
o STMicroelectronics
o NXP Semiconductors
o Texas Instruments

Power MOSFET Market Expected to Reach $6,340 Million by 2023, Globally: https://www.whatech.com/market-research/semiconductor-and-electronics/643339-6-340-millions-power-mosfet-market-growing-at-a-cagr-of-7-4-to-2023~

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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