Power Transistor Market by Application (OEMs, Aftermarket),size, development factors

Power transistors are generally used to carry or disperse more power than smaller transistors. These transistors are proficient of enhancing the switching performance and efficiency while improving system reliability. It broadly finds its application manufacturing of electronic products automotive, telecommunication, and other sectors due to its power-efficient features.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-power-transistor-market

The high demand for connected devices is expected to influence the growth of power transistor market over the forecast period of 2021 to 2028. Also the increase in the awareness regarding the beneficial features of the power transistor such as switching capacity, durability and others is also anticipated to flourish the growth of the power transistor market. Furthermore, the high consumption of electronic products and its application and rise in the usage to increase the power efficacy of electronic products are also likely to positively impact the growth of the market. Moreover, the rise in demand for power-efficient electronic devices and high demand for silicon carbide (SiC) and gallium nitride (GaN) transistors are also expected create a huge demand for power transistor as well as lifting the growth of the power transistor market.

However, the rise in concerns regarding its performance due to thermal runaway and the operating switching frequency are expected to act as the major limitations for the growth of power transistor in the above mentioned forecasted period, whereas the less aftermarket sales and poor load- bearing capacity can challenge the power transistor market growth in the forecast period of 2021 to 2028.

Likewise, the rapid advancement in technology and the rise in the implementation of the Internet of Things (IoT) are expected to create various new opportunities that will lead to the growth of the power transistor market in the above mentioned forecasted period.

The power transistor market size is valued at USD 20.22 billion by 2028 is expected to grow at a compound annual growth rate of 4.29% in the forecast period of 2021 to 2028. Data Bridge Market Research report on power transistor provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market's growth.

Key Players Analysis"

The major players covered in the power transistor market report are Semiconductor Components Industries, LLC, Infineon Technologies AG, STMicroelectronics, TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION, Diodes Incorporated, NXP Semiconductors, Renesas Electronics Corporation, Mitsubishi Electric Corporation, Linear Systems, RFHIC Corporation, Texas Instruments Incorporated, Microchip Technology Inc., Richards Metal Products Inc., RF Parts Company, Inchange Semiconductor Company Limited, Electronics Industry Public Company Limited (EIC), ROHM CO., LTD., Skyworks Solutions, Inc., TOREX SEMICONDUCTOR LTD., and Vishay Intertechnology, Inc.,  among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Global Power Transistor Market Scope and Market Size

The power transistor market is segmented on the basis of type, product, application and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of type, the power transistor market is segmented into bipolar junction transistor, field effect transistor, heterojunction bipolar transistor and others.

Based on product, the power transistor market is segmented into low-voltage FETs, IGBT modules, RF and microwave power, high-voltage FETs and IGBT transistor.

The power transistor market is segmented on the basis of application into OEMs and aftermarket.

Asia-Pacific leads the power transistor market because of the high growth in the production of consumer electronic goods in emerging countries China, South Korea and Japan. China is expected to be amongst the fastest growing in this regional market.

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