The high expenditure on R&D by the defence, aviation and marine industries is projected to support the expansion of the worldwide varactor diode market. Breakdown voltage and application are the two market segments for varactor diodes globally. The application segment is further broken down into three categories mobile devices, satellite communication and defence, aviation and maritime. Of these the mobile device segment accounts for more than half of the market share, followed by satellite communication and then defence, aviation and maritime. Due to security related concerns, government in lot of countries is spending large amount of money on R&D to improve their weapon and equipment’s. Radars are frequently employed in situations requiring increased security, which will help the worldwide varactor diode market expand.
The global Varactor Diode Market was valued at US$ 721.3 Mn in 2021 and is expected to reach US$ 1,924.47 Mn by 2030, growing at a CAGR of 10.7% between 2022 and 2030.
Leading Companies in the Varactor Diode Industry:
1. NXP Semiconductors
NXP Semiconductors N.V. offers various semiconductor products. NXP Semiconductors N.V. was incorporated in 2006 and is headquartered in Eindhoven, the Netherlands. In January, 2023 NXP Semiconductors the market share leader in automotive radar according to Yole Intelligence, announced a new industry-first 28nm RFCMOS radar one-chip IC family for next generation ADAS and autonomous driving systems.
2. STMicroelectronics
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products. STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Geneva, Switzerland. In December, 2022 STMicroelectronics has released high-power modules for electric vehicles that boost performance and driving range.
3. Arrow Electronics, Inc.
Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado. In November, 2022 Arrow Electronics has signed an agreement with Sunway Communication, a developer and manufacturer of components and modules for RF connectivity applications that will see Arrow offering and supporting the entire Sunway portfolio throughout the Americas, Europe, Middle East and Africa.
4. Infineon Technologies AG,
Since 1999 Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon Technologies AG is headquartered in Neubiberg, Germany.
5. ON Semiconductor
ON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Phoenix, Arizona.
6. MACOM
MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, designs and manufactures analog semiconductor solutions. The company was founded in 1950 and is headquartered in Lowell, Massachusetts.
7. Vishay Intertechnology, Inc.
Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive electronic components. Vishay Intertechnology, Inc. was incorporated in 1962 and is headquartered in Malvern, Pennsylvania.
8. Analog Devices, Inc.
Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. Analog Devices, Inc. was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.
9. Integrated Device Technology, Inc. (Renesas Electronics Corporation)
Renesas Electronics Corporation researches, develops, designs, manufactures, sells, and services semiconductors. The company was incorporated in 2002 and is headquartered in Tokyo, Japan.
10. Toshiba Corporation
Toshiba Corporation, together with its subsidiaries, provides electronic devices and storage solutions worldwide. Toshiba Corporation was founded in 1875 and is headquartered in Tokyo, Japan.
*Definition- A varactor diode is a P-N junction diode that changes its capacitance and series resistance when the bias applied to the diode is varied.
