Steady Expansion Forecast for Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market, Projected to Reach $10.99 Billion by 2029

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Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of the power mosfet (metal-oxide-semiconductor field-effect transistor) has consistently expanded over the past years. It's projected to increase from $8.08 billion in 2024 to $8.48 billion in 2025, marking a compound annual growth rate (CAGR) of 4.9%. This growth during the historic period is due to several factors. This includes the widespread use of electronics in consumer products, the expansion of power electronics applications, the rising demand for energy-efficient devices, the growth of the automotive industry, and the advancement of telecommunications infrastructure.

Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the power mosfet (metal-oxide-semiconductor field-effect transistor) market is poised to experience substantial growth. The market value is predicted to reach $10.99 billion by 2029, with compound annual growth rate (CAGR) of 6.7%. This projected growth in the forecast period is linked to several key factors such as the surge in electric vehicles and renewable energy use, deployment of 5G networks and IoT devices, increased necessity for power management in data centres, the rise of industrial automation and improvements in power MOSFET design. The future market trends include power MOSFET miniaturization, incorporation of innovative packaging technologies, creation of wide-bandgap power MOSFETs, an elevated use of gallium nitride (GaN) and silicon carbide (SiC), and embracing advanced gate driver technologies.

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What Are the Drivers Transforming the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market?
The expansion of the power MOSFET market is set to be driven by the rising uptake of electric vehicles. Electric vehicles, which are a category of vehicles that leverage the electrical energy preserved in batteries or other such energy storage mediums to power one or several electric motors, frequently use Power MOSFETs in their inverter systems to fuel the electric motor and convert DC power from the battery into AC power. For example, in April 2024, the France-based International Energy Agency, an independent intergovernmental organization, reported that the number of new electricity-powered car registrations reached 1.4 million in 2023, a surge of over 40% from 2022. As such, the growing popularity of electric vehicles is leading to the expansion of the power MOSFET market.

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What Long-Term Trends Will Define the Future of the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market?
Leading companies in the power MOSFET market are concentrating on technological progress specifically for high-power applications, such as gallium nitride (GaN) technology, with the objective to boost power efficiency, switching speed, and thermal performance. Gallium nitride (GaN) technology when applied in power MOSFETs enhances performance and efficiency by facilitating higher switching speeds, minimizing energy losses, and providing better heat management. To illustrate, in January 2024, Transphorm, Inc., a US-based semiconductor firm specializing in the production of transistors using gallium nitride, introduced two new 650V SuperGaN FETs, the TP65H035G4YS and TP65H050G4YS, in a 4-lead TO-247 package specifically built for high-power server, renewable, and industrial power conversion applications. These GaN devices provide superior resistance and flexible switching capabilities, thus reducing energy losses and advancing performance in power sources of 1 kW and above.

Which Segments in the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market Offer the Most Profit Potential?
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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Which Firms Dominate the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market by Market Share and Revenue in 2025?
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 Regions Offer the Highest Growth Potential in the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market?
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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