Power Transistors Market Research Report 2022-2027: Industry Growth, Top Manufacturers and Forecast

According to the latest report by IMARC Group, titled "Power Transistors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global power transistors market size reached US$ 15.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 20.3 Billion by 2027, exhibiting a growth rate (CAGR) of 4.52% during 2022-2027.

Power transistors are semiconductor devices that are widely used to amplify weak electrical signals and regulate them accordingly. They can also be employed as switches in several high-power applications. They consist of three semiconductor terminals that are known as the base, emitter and collector. These electronic components can be of NPN or PNP polarity and they assist in improving the insulation or conductivity of the transistor. Designed to control high current-voltage ratings, they are commonly available in multiple power and switching speed ratings. These transistors are associated with improving the system reliability and enhancing the power efficiency of numerous electronic products while minimizing power loss. As a result, they are extensively utilized across numerous industries, including automotive, communication and consumer electronics.

Get Free Sample Copy of Report at - https://www.imarcgroup.com/power-transistors-market/requestsample

Global Power Transistors Market Trends:

The market is driven by the increasing demand for connected electronic devices on the global level. Power transistors form an essential component of various electronic products as they aid in improving switch performance and enhancing system reliability. They are also extremely power efficient while offering low carbon dioxide emissions and electricity consumption. This, along with the growing adoption of power-saving electronics across the globe, is providing a thrust to the market growth.

The market is further driven by the numerous government initiatives aimed to promote efficient usage of energy. Apart from this, there has been a shifting preference for the use of gallium nitride (GaN) transistors globally. For instance, Cambridge Electronics, Inc., a spin-off from the Massachusetts Institute of Technology, has now launched a line of GaN transistors that are expected to offer lower resistance and minimize power consumption in electronic devices by nearly 20%. This, supported by the extensive research and development (R&D) activities focused on improving the performance parameters of power transistors, is anticipated to create a positive outlook for the market. Some of the other factors contributing to the market growth include the introduction of new semiconductor materials and the rising trend of miniaturization in product design.

Do you know more information, Contact to our analyst at- https://www.imarcgroup.com/power-transistors-market

Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Champion Microelectronic Corp., Diodes Incorporated, Infineon Technologies AG, Linear Integrated Systems, Mitsubishi Electric Corporation, NXP Semiconductors N.V., Semiconductor Components Industries, LLC, Renesas Electronics Corporation, SEMIKRON International GmbH, STMicroelectronics International N.V., Texas Instruments Incorporated, Torex Semiconductor Ltd., Toshiba Corporation, and Vishay Intertechnology, Inc.

Breakup by Product:

• Low-Voltage FETs
• IGBT Modules
• RF/ Microwave Transistors
• High Voltage FETs
• IGBT Transistors
• Others

Breakup by Type:

• Bipolar Junction Transistor
• Field Effect Transistor
• Heterojunction Bipolar Transistor
• Others

Breakup by End-Use:

• Consumer Electronics
• Communication and Technology
• Automotive
• Manufacturing
• Energy and Power
• Others

Breakup by Application:

• OEMs
• Aftermarket

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Browse More Research Reports:

• https://www.imarcgroup.com/prefeasibility-report-seed-processing-plant
• https://www.imarcgroup.com/fluoroscopy-equipment-market
• https://www.imarcgroup.com/food-packaging-market
• https://www.imarcgroup.com/intragastric-balloons-market
• https://www.imarcgroup.com/head-up-display-market

Contact us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.