U.S. discrete semiconductors market is estimated to reach US$6,497 Mn by the end of 2023. Increase in demand for consumer electronics, expansion of industrial automation, and growth in adoption of electric vehicle is projected to drive the market growth during the forecast period.

Discrete semiconductors are utilized to control power flow in electronics devices such as electric vehicles, smartphones, laptops, and industrial machineries. Over the past few years, the consumer electronics segment represented majority of the revenue share and the trends is projected to continue as demand for next-gen technology (such as 5G, Internet of Things, and artificial intelligence) powered devices is projected to sky rocket over the forecast period. In addition, deployment of renewable energy sources and digitization of industrial sectors is projected to expand the discrete semiconductor market size at a considerable rate.

Key participants in discrete semiconductor market are investing in manufacturing technologies for discrete components that includes research and development efforts in cutting-edge fabrication processes, materials, and packaging techniques to enhance the performance, efficiency, and reliability of discrete components. Further, demand for discrete semiconductors is increase in emerging applications such as 5G infrastructure, electric vehicles, and renewable energy systems, this is projected to boost growth of the discrete semiconductor industry in near future. Some of the major players analyzed in the discrete semiconductors market are ON Semiconductor, Infineon Technologies, Texas Instruments, Diodes Incorporated, NXP Semiconductors, Vishay Intertechnology, Wolfspeed, Cree, STMicroelectronics, Amphenol, Littelfuse, and Analog Devices. Discrete semiconductor manufacturers are focused utilizing new materials such as gallium nitride (GaN) and silicon carbide (SiC) to produce powerful and sophisticated discrete semiconductors.

US DISCRETE SEMICONDUCTORS INDUSTRY SNAPSHOT: 

US DISCRETE SEMICONDUCTORS MARKET TAXONOMY:

Source: DataCube Research Pvt. Ltd. (2023)

US DISCRETE SEMICONDUCTOR MARKET COVERAGE:

KEY HIGHLIGHTS:

• Actual US discrete semiconductors market data for 2019, 2020, 2021, and 2022
• Estimated US discrete semiconductors market value for the year 2023 and market growth prospect between 2023 and 2032
• Historical YoY growth and forecast trend at granular level
• Cross sectional analysis of type segment at application level
• Summary of key growth factors, challenges, and opportunities shaping discrete semiconductor industry
• Rationale for individual segment growth and decline
• Product and price differentiation, branding & distribution channel strategies
• Market entry strategies and routes to market
• Key player positioning and benchmarking