Press release
Power Discrete Device Market Empowering Efficient Power Management 2023 to 2030 | Infineon Technologies, ON Semiconductor, Mitsubishi Electric Corp, Toshiba
The size of the Worldwide Power Discrete Device Market is anticipated to reach USD 59.6 billion by 2028, expanding at a CAGR of 7.3% between 2023 and 2030 . The main reasons propelling the market's expansion are the increased need for energy-efficient electronic products, the adoption of renewable energy sources, and the need for better power management and control across sectors. The demand for discrete power electronics components is also anticipated to increase as a result of the spike in the production of electric vehicles and the trend toward industrial automation. Single semiconductor devices known as power discrete devices are used to manage and regulate power in electronic circuits. They are utilized in a wide range of applications, including as inverters, motor drives, and power supply.With the development of semiconductor technology and the demand for effective power handling solutions, the Power Discrete Device Market was born. The need for discrete power devices increased as electronic devices and systems got more complex, driven by the desire for increased energy economy, decreased power losses, and greater performance. Power discrete devices with higher power densities, quicker switching rates, and better thermal management capabilities have been developed throughout time as a result of improvements in semiconductor manufacturing techniques and material science. The rising variety of applications that depend on dependable power management systems has had an impact on the market's growth.
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The Key companies profiled in the Power Discrete Device Market:
The study examines the Power Discrete Device Market's competitive landscape and includes data on Infineon Technologies, ON Semiconductor, Mitsubishi Electric Corp, Toshiba, STMicroelectronics, Vishay Intertechnology, Fuji Electric, Renesas Electronics, ROHM Semiconductor, Nexperia, Microchip Technology, IXYS Corporation & Others.
Global Power Discrete Device Market Split by Product Type and Applications
This report segments the Power Discrete Device Market on the basis of Types:
Transistor
Diodes
Thyristors
On the basis of Application, the Power Discrete Device Market is segmented into:
Automotive & Transportation
Industrial
Consumer
Communication
Others
Through cutting-edge packaging and cooling solutions, manufacturers concentrate on enhancing device efficiency and thermal management, which helps reduce system energy use overall. In electric and hybrid cars, power discrete devices are essential for propulsion systems, battery management, and charging infrastructure. The Power Discrete Device Market has been steadily evolving to satisfy the needs of many sectors, from consumer electronics to renewable energy, and to improve effective and long-lasting power management solutions. These most recent innovations are evidence of this. The most accurate and current information can be found by consulting the most recent industry publications and reliable sources of market analysis for details on market growth, geographical analysis, and recent breakthroughs.
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The greatest Power Discrete Device Market is in the Asia-Pacific area, followed by North America and Europe. The expanding demand for electronic gadgets in the area, notably in China and India, is what is fueling the expansion of the Asia-Pacific market. Additionally prominent Power Discrete Device Market are North America and Europe, and both regions are anticipated to expand significantly over the course of the projection period. North America, a center of cutting-edge technical research and development, boosts market expansion through advancements in power electronics for industries including renewable energy, aircraft, and automobiles.
Cumulative Impact of COVID-19 on Market:
A few countries' economies and territories have suffered as a result of the COVID-19 episode's lockdowns, travel economic sanctions, and friend dismissals. Due to the pandemic, the global market is one of the primary organizations experiencing significant disruptions such as production network disruptions, innovation event abrogation's, and work climate terminations. With its presence and substantial unprocessed material suppliers, China is a global contemporary major economic power.
Reasons Why You Should Buy This Report:
1.To gain an in-depth understanding of Market
2.To obtain research-based business decisions and add weight to presentations and marketing strategies
3.To gain competitive knowledge of leading market players
4.It gives pin point investigation of changing rivalry elements and keeps you in front of contenders.
5.It helps in settling on educated business choices by having total bits of knowledge of market and by making inside and out investigation of market sections.
Major Points from Table of Contents:
1 Power Discrete Device Market Overview
2 Company Profiles
3 Power Discrete Device Market Competition, by Players
4 Power Discrete Device Market Size Segment by Type
5 Power Discrete Device Market Size Segment by Application
6 North America by Country, by Type, and by Application
7 Europe by Country, by Type, and by Application
8 Asia-Pacific by Region, by Type, and by Application
9 South America by Country, by Type, and by Application
10 Middle East & Africa by Country, by Type, and by Application
11 Research Findings and Conclusion
12 Appendix...
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Infinity research reports, custom research reports, and consulting services are all offered by the market research and consulting firm Infinity Research. Our products are solely focused on your need to identify, track, and assess changes in consumer behavior across demographics and industries so that customers may make wiser business decisions. Our market intelligence studies cover a variety of industries, including Healthcare, Touch Points, Chemicals, Types, and Energy, and guarantee accurate and factual research. To guarantee that our clients are aware of the most recent market trends, we regularly update our research services. The professional analysts at Infinity Research come from a wide range of specialties. Our clients can gain an advantage thanks to our expertise in the field and capacity to come up with a workable solution to any research issues.
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