Discrete Power Device Market to Reach USD 38.37 Billion by 2030, Driven by Rising Demand for Green Energy Generation and Wide-bandgap Semiconductors.

The global discrete power device market size was USD 21.99 Billion in 2021 and is expected to register a revenue CAGR of 6.4 % over the forecast period, according to the latest report by Reports and Data.

Discrete devices are single semiconductors like transistors or diodes. Power transistors are an important class of discrete devices that are used in many different applications to control voltages, help reduce power consumption, and diminish heat generation, which is driving up the demand for discrete power devices and their high usage.

The increased use of electric vehicles has improved power semiconductors' performance capabilities. The primary inverter motors, pumps, brakes, and steering systems, as well as HVAC (heating, ventilation, and air conditioning) compressors, have all typically been controlled by silicon power devices. Due to recent advancements in compound semiconductor devices, such as Silicon Carbide, most systems in an automobile can run more effectively (SiC).

SiC technology has characteristics like low conduction and switching losses, zero recovery body diode, and high operating junction temperature that make it perfect for automotive applications where efficiency is critical. Even because primary inverter use benefits the most from the SiC device's higher efficiency, other applications can also benefit as technology can considerably increase a vehicle's battery life.

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Key Players covered in this report are

Technologies AG, Semiconductor Components Industries, LLC, Mitsubishi Electric Corporation, Toshiba Corporation, STMicroelectronics, Vishay Intertechnology, Inc., Fuji Electric Co., Ltd., Renesas Electronics Corporation., ROHM CO., LTD., Nexperia.

Some Key Highlights from the Report

Transistors, diodes, and thyristors are the three type-based market segments of the global discrete power device industry. In 2021, the thyristor segment's revenue share was the highest. Many low- to high-power applications make use of discrete transistors. Other advantages include ease of activation, control over Alternative Current (AC) power, and the ability of the thyristor to switch devices with high voltages or currents. It is simple to manage and quite inexpensive. Additionally, it is physically much smaller than a transformer, which is what is causing the segment's revenue to increase.
According to regional data, Asia Pacific's market for discrete power devices held the greatest revenue share in 2021. Rising R&D due to the presence of major players in this area is anticipated to fuel market revenue growth. During the time of forecasting, the North American market is anticipated to have rapid revenue growth.

On September 28, 2022 Three Silicon Carbide (SiC)-based power modules in transfer moulded technology have just been released by Onsemi, a pioneer in intelligent power and sensor technologies, for use in on-board charging and High Voltage (HV) DCDC conversion in all sorts of Electric Vehicles (EV). The APM32 series is the first of its kind to integrate SiC technology in transfer moulded packaging to improve efficiency and shorten EV charging times. It is built specifically for high-power 11-22kW onboard chargers.

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Type Outlook (Revenue, USD Billion; 2019-2030)

Transistor
Diodes
Thyristor

Application Outlook (Revenue, USD Billion; 2019-2030)

Automotive & Transportation
Industrial
Consumer
Communication
Others

Key Regional Markets Covered in the Report:

North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Major Points covered in this report are as below:

• The Discrete Power Device industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.

• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.

• The Discrete Power Device Market report provides key statistics on the market status of the Discrete Power Device manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

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