Press release
Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Industry Outlook 2025-2029: Market Set to Cross $11.47 Billion Milestone
Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor)
How Large Will the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market Size By 2025?
In the past few years, the power MOSFET (metal-oxide-semiconductor field-effect transistor) market has seen substantial growth. The market size is projected to increase from $8.08 billion in 2024 to $8.65 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.0%. Several factors are responsible for this historical growth, including the vast use of electronics in consumer devices, increased applications of power electronics, high demand for energy-saving devices, automotive industry growth, and advancements in telecommunications infrastructure.
How Big Is the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market Size Expected to Grow by 2029?
Significant expansion is predicted for the power MOSFET (metal-oxide-semiconductor field-effect transistor) market in the coming years, with its valuation estimated to reach $11.47 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.3%. Factors contributing to this growth during the forecast period include increased use of electric vehicles and renewable energy, the expansion of 5G networks and IoT devices, an escalating need for power management in data centers, advancements in industrial automation, and progress in power MOSFET design. Key trends seen during the forecast period will be power MOSFET miniaturization, the adoption of sophisticated packaging technologies, the development of wide-bandgap power MOSFETs, rising usage of gallium nitride (GaN) and silicon carbide (SiC), and the implementation of advanced gate driver technologies.
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Which Key Market Drivers Powering Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market Expansion and Growth?
The power MOSFET market is predicted to expand due to the rising trend of electric vehicle adoption. Electric vehicles, which utilize stored electrical energy in batteries or other storage devices to power electric motors, extensively use Power MOSFETs in their inverter systems. These systems energize the electric motor and convert the battery's DC power into AC power. For example, the International Energy Agency, an autonomous intergovernmental organization based in France, released data in April 2024 which showed that new registrations of electric cars surged to 1.4 million in 2023, a jump of over 40% from 2022. This surge in electric vehicle adoption is consequentially fueling the growth of the power MOSFET market.
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Which Fast-Growing Trends Are Poised to Disrupt the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market?
Leading businesses in the power MOSFET sector are honing their technological prowess to develop robust applications for high-power usage, such as gallium nitride (GaN) technology, which enhances power efficiency, switching speed, and thermal functionality. The application of gallium nitride (GaN) technology in power MOSFETs boosts efficiency and performance by facilitating faster switching speeds, decreasing energy wastage, and offering superior thermal control. For example, in January 2024, Transphorm, Inc., a US-based semiconductor firm specializing in gallium nitride transistors, rolled out two new 650V SuperGaN FETs, named TP65H035G4YS and TP65H050G4YS. They were packaged in a 4-lead TO-247 design, particularly for high-power server, renewable and industrial power conversion use. These GaN instruments provide increased resistance and adaptable switching abilities, leading to decreased energy wastage and improved performance in power supplies exceeding 1 kW.
What Are the Emerging Segments in the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market?
The power MOSFET (metal-oxide-semiconductor field-effect transistor) market covered in this report is segmented -
1) By Type: Depletion Mode Power MOSFET, Enhancement Mode Power MOSFET
2) By Power Rate: High Power, Medium Power, Low Power
3) By Application: Energy And Power, Consumer Electronics, Automotive, Inverter And UPS, Industrial, Other Applications
Subsegments:
1) By Depletion Mode Power MOSFET: N-Channel Depletion Mode MOSFET, P-Channel Depletion Mode MOSFET
2) By Enhancement Mode Power MOSFET: N-Channel Enhancement Mode MOSFET, P-Channel Enhancement Mode MOSFET
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Who Are the Global Leaders in the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market?
Major companies operating in the power MOSFET (metal-oxide-semiconductor field-effect transistor) market include Panasonic Corporation, Mitsubishi Electric Corporation, Sumitomo Electric Industries Ltd., Toshiba Corporation, Texas Instruments Incorporated, STMicroelectronics NV, TDK Corporation, Infineon Technologies AG, NXP Semiconductors Inc., Analog Devices Inc., Semikron Danfoss, Renesas Electronics Corporation, ON Semiconductor Corporation, Fuji Electric Co. Ltd, Microchip Technology Inc., Digi-Key Corp., Vishay Intertechnology Inc., ROHM Semiconductor, Littelfuse Inc., Nexperia, Diodes Incorporated, Silicon Laboratories Inc., Alpha and Omega Semiconductor Ltd., Power Integration Inc., IXYS Corporation, Central Semiconductor Corp., Rongtech Industry (Shanghai) Inc., Fairchild Semiconductor International Inc.
Which are the Top Profitable Regional Markets for the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Industry?
Asia-Pacific was the largest region in the power MOSFET market in 2024. North America is expected to be the fastest-growing region in the power MOSFET market report forecast period. The regions covered in the power MOSFET (metal-oxide-semiconductor field-effect transistor) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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1 MOSFET Market Overview
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