Global Discrete Semiconductors Market by Discrete Semiconductors Type, Price Range, Distribution Channel, Application, and Region – Industry Analysis, Size and Forecast, 2019-2032

The discrete semiconductors market is projected to surpass US$ xx billion by 2023, owing to ongoing technological advancements in the industry. Major semiconductor manufacturers are investing substantial amounts and time in developing small, more power-efficient, and highly integrated semiconductor devices to meet the demands of compact electronics and IoT devices.

Global concerns related to environment and energy conservation are encouraging the energy and power sector to efficiently utilize electric energy in various applications ranging from electricity generation and transmission to automotive and industrial systems, and communication infrastructure systems. Further, to tackle such situations key manufacturers are focused on developing a wide range of discrete semiconductor components for electric energy conversion and protection applications in both small and large-scale energy systems. This, in turn, is driving the growth of the discrete semiconductors market across the globe. Moreover, the miniaturization and integration of discrete semiconductors and increasing traction of silicon carbide (SiC) and gallium nitride (GaN) in power electronics, electric vehicles, and renewable energy systems are boosting the growth of the market. Apart from this, rising rollouts of 5G networks is driving demand for high-frequency, high-power discrete components to support faster data transmission and reduced latency. This is projected to create an opportunity window for major players operating in the global discrete semiconductors market in the near future.

Major players are focusing on developing a strategic roadmap related to product innovation and development, diversification of product portfolio, and strategic acquisitions and mergers to remain ahead of the competition. Some of the prominent players operating in the market are Texas Instruments, ON Semiconductor, Vishay Intertechnology, Renesas Electronics, Infineon Technologies, NXP Semiconductors, STMicroelectronics, Diodes Incorporated, Cree/Wolfspeed, ROHM Semiconductor, Microchip Technology, and Semtech Corporation.

GLOBAL DISCRETE SEMICONDUCTORS INDUSTRY SNAPSHOT: