At 6.6% CAGR, Power MOSFET Market to Reach $9.90 Bn by 2027 | Infineon Technologies AG, Fairchild Semiconductors, Renesas Electronics Corp, Digi-Key Electronics, Toshiba

Drivers, restraints, and opportunities

Rise in dependence on electrical equipment & machinery and rise in emphasis on power saving drive the growth of the global power MOSFET market. However, limitations in operations and high cost restrain the market growth. On the other hand, technological advancements and increase in deployment in electric devices present new opportunities in the coming years.

Allied Market Research published a report, titled, "Power MOSFET Market by Type (Depletion Mode Power MOSFET and Enhancement Mode Power MOSFET), Power Rate (High Power, Medium Power, and Low Power), and Application (Energy & Power, Consumer Electronics, Automotive, Inverter & UPS, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2020 – 2027," According to the report, the global power MOSFET industry generated $5.43 billion in 2019, and is expected to generate $9.90 billion by 2027, witnessing a CAGR of 6.6% from 2020 to 2027.

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The power MOSFET market provides numerous growth opportunities to the market players such as Infineon Technologies AG, Fairchild Semiconductors, Renesas Electronics Corporation, Digi-Key Electronics, Toshiba, and others. These companies are engaged in the process of product innovation, collaboration, and acquisition to expand their services across various regions.

Key Benefits For Stakeholders

• This study includes the analytical depiction of the power MOSFET market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information regarding the key drivers, restraints, and opportunities in the power MOSFET market.
• The power MOSFET market trends are quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the industry.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

The automotive segment to witness its dominance in terms of revenue during the forecast period

Based on application, the automotive segment contributed to the highest share in 2019, accounting for nearly one-fourth of the global power MOSFET market, and is expected to witness its dominance in terms of revenue during the forecast period. This is attributed to its applications in relays, LED drives, and motors to drive constant voltage and raise the durability of these parts. However, the industrial segment is projected to manifest the highest CAGR of 9.1% from 2020 to 2027, owing to its application in handling high voltage and high current in industrial systems.

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The enhancement mode power MOSFET segment to maintain its lead by 2027

Based on type, the enhancement mode power MOSFET segment held the largest market share, contributing to nearly three-fifths of the global power MOSFET market in 2019, and will maintain its lead position throughout the forecast period. This is due to its usage in high voltage applications such as rolling mills, welders, and water pumps along with adoption in trolleys in European countries for lowering down the leakage of current and enhancing efficiency. However, the depletion mode power MOSFET segment is estimated to grow at the fastest CAGR of 7.5% from 2020 to 2027, owing to its application in consumer electronics devices such as UPS, air conditioners, inverters, and welding machine for its compact size and exceptional ability to control high voltage.

Asia-Pacific, followed by North America, to dominate the market

Based on region, Asia-Pacific, followed by North America, accounted for the highest share in 2019, holding nearly half of the global power MOSFET market, and will maintain its leadership status by 2027. In addition, this region is estimated to portray the largest CAGR of 8.6% during the forecast period. This is attributed to availability of huge power stations for generating high voltage power, rise in demand for power modules, and presence of various supportive non-profit organizations. The report also analyzes regions including North America, Europe, and LAMEA.

Covid-19 Scenario

• Manufacturing activities of power MOSFETs have been hindered due to lockdown across many countries. Trade barriers have played a significant role in creating shortage of raw supply as there has been ban on international trade and export activities in countries such as China, which is a major supplier of raw material.
• The demand took a toll as consumer electronics industries were closed down. In addition, operations in industrial and automotive industries were shut down. However, the demand would grow during the post-lockdown period as daily operations in these industries come back on track.

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Global Power Mosfet Market Segmentation

By Type

• Depletion Mode Power MOSFET
• Enhancement Mode Power MOSFET

By Power rate

• High Power
• Medium Power
• Low Power

By Application

• Energy & Power
• Consumer Electronics
• Automotive
• Inverter & UPS
• Industrial
• Others

By Region

• North America

o U.S.
o Canada
o Mexico

• Europe

o UK
o Germany
o France
o Rest of Europe

• Asia-Pacific

o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific

• LAMEA

o Latin America
o Middle East
o Africa

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Report Summary:

CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: POWER MOSFET MARKET, BY TYPE
CHAPTER 5: POWER MOSFET MARKET, BY POWER RATE
CHAPTER 6: POWER MOSFET MARKET, BY APPLICATION
CHAPTER 7: POWER MOSFET MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES

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