Lucintel Forecasts Semiconductor Discrete Market to Reach $33.3 Billion by 2028


Posted April 5, 2023 by Lucintel

According to the recent study the semiconductor discrete market is projected to reach an estimated $33.3 billion by 2028 from $26.7 billion in 2023, at a CAGR of 4.5% from 2023 to 2028

 
According to the recent study the semiconductor discrete market is projected to reach an estimated $33.3 billion by 2028 from $26.7 billion in 2023, at a CAGR of 4.5% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for high energy and power-efficient devices along with growing trend of adoption of AI-based semiconductors globally.
A more than 150-page report is developed to Understand trends, opportunities and forecast in semiconductor discrete market by type (diodes, transistors, thyristors, and modules), application (automotive, consumer electronics, communication, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking on below link https://www.lucintel.com/semiconductor-discrete-market.aspx

“Transistors market is expected to remain the largest segment during the forecast period.”
Based on type, the semiconductor discrete market is segmented into diodes, transistors, thyristors, and modules. Lucintel forecasts that the transistors market is expected to remain the largest segment due to increasing usage of bipolar transistors, IGBTs, and MOSFET in various industries, such as automotive, consumer electronics, and others.
“Within the semiconductor discrete market, the consumer electronics segment is expected to remain the largest application”
Based on application the consumer electronics segment is expected to witness the highest growth over the forecast period due to growing demand for smartphones, increasing in adoption of wearable and smart devices, and rising penetration of consumer IoT devices in applications, like smart homes.
“Asia pacific will dominate the semiconductor discrete market in near future”
APAC is expected to witness the highest growth during the forecast period due to growing demand for electric vehicles and increasing inclination of consumers towards wireless and portable electronic devices across the region. .
Download Brochure of this report by clicking on https://www.lucintel.com/semiconductor-discrete-market.aspx
Major players of semiconductor discrete market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. NXP Semiconductors, Infineon Technologies, STMicroelectronics, Taiwan Semiconductor, Renesas Electronics, ABB, ROHM Co., Toshiba Corporation, On Semiconductor, Nexperia are among the major semiconductor discrete providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/semiconductor-discrete-market.aspx or [email protected]
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Issued By LUCINTEL
Country United States
Categories Business
Last Updated April 5, 2023