Flourishing discrete semiconductor market
The use of discrete semiconductor devices such as MOSFET, IGBT, Bipolar transistor, Diode, Bridge rectifier, and Thyristors will grow continuously as long as they are used in power supplies to convert AC-to-DC and DC to AC power. They are also used to control the power input of motors to increase the torque and speed. Today's advanced robot, drone, ADAS system in automotives, smart phones, televisions all need to be charged or powered from grid power which is AC. So you need more and more AC/DC adapters, motor controllers, and many such electrical power controllers, as the use of these systems grow the discrete semiconductor market will grow continuously. There is also some amount of innovation happening in discrete semiconductor market, where semiconductor material silicon is replaced by compound semiconductors such as gallium nitride and siliconcarbide to achieve switching speed and power efficiency and also reduce the size of the device and heat dissipation.
The growth of the electric driven vehicles is a significant booster for the discrete semiconductor market, since they are used in large number in battery charging unit, motor controller unit other than normal automotive electronics common to both electric vehicle and IC engine powered vehicles. Due to the significant safety requirements of self driving cars, lot of discrete semiconductor devices for safety and protection.
In industrial automation systems, there is a significant increase in manufacturing automation and so is increase in electrical power systems which require discrete semiconductor for power control and other critical electronics needs. There is overall growth of electronics and automation systems in every aspect of life. These all driving the discrete semiconductor market in a big way.
There are huge number of vendors this market with a lot of local suppliers in every region of the world. Since some of the discrete semiconductor market are not that high tech, they can be treated as commodity like market. In such a situation with the wide base of suppliers, and highly distributed market, it is difficult to provide market research data accurately. However we try to go through multiple sources of market analysis done on this category, and try to provide you some key aspects of discrete semiconductor market this year 2022.
Fortune Business Insight has forecasted the global discrete semiconductor market to reach USD 78.33 Billion by 2028, growing at a CAGR of 8.1% from USD 42.97 billion in 2020 and USD 45.43 billion in 2021.
Automotive industry is fast-growing area for this market. Asia Pacific is anticipated to dominate the global discrete semiconductor market share.
Market researcher P&S Intelligence finds Indian discrete power semiconductor devices market was $1,007.7 million 2021 is forecasted to reach $2,834.2 million by 2030, at a healthy 12.2% CAGR between 2021 and 2030.
Growth in development of electric car, bike and other vehicles is driving the market.
The key design requirements driving discrete semiconductor market include, very low power dissipation by the device/switch itself both during switching on and switching off, fast switching, consuming less Power to switch on/off the device, ability to withstand high voltage when the switch is off, ability to handle high voltage and current ratings in some cases and ability to handle very low voltages in some cases. Gallium nitride and silicon carbide based devices perform better on these fronts. And the cost of the device should match the performance it is delivering.
To give some more examples of advanced discretes: Schottky Diode, Heterojunction Bipolar Transistor (HBT), and High-Electron-Mobility Transistor (HEMT). The other materials include gallium arsenide (GaAs), indium phosphide, zinc selenide (ZnSe), zinc sulphide (ZnS), zinc selenide (ZnSe) and silicon germanium (SiGe).
Author: Srinivasa Reddy N