The discrete semiconductor market is estimated to be valued at US$ 43.85 billion in 2024 and is expected to reach US$ 82.12 billion by 2031, growing at a compound annual growth rate (CAGR) of 9.38% from 2024 to 2031.

Introduction:

The discrete semiconductor market refers to discrete devices like transistors, diodes, MOSFETS, and IGBTs that are used in a variety of electronic circuits and devices. Discrete components are individual components that perform one specific function like amplification, rectification, or switching. They offer designers precise control over individual functions compared to integrated circuits. Growing demand for consumer electronics and increasing use of discrete components in automotive and IoT applications are expected to drive the market growth over the forecast period.

Market Dynamics:

The key factors driving the growth of the discrete semiconductor market include rising demand for consumer electronics, growing adoption of smart connected devices in IoT applications, and increasing semiconductor component integration in the automotive industry. Furthermore, advancements in discrete power devices with better efficiency and reliability have boosted their adoption across various end-use industries. However, high manufacturing costs and intense competition from integrated circuits are expected to hinder the market growth. On the other hand, emerging trends towards the miniaturization of electronic products is anticipated to create significant opportunities for discrete component manufacturers in the coming years.

Key features of the study:

• This report provides an in-depth analysis of the global discrete semiconductor market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global discrete semiconductor market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include ABB , Diodes Incorporated , GeneSiC Semiconductor Inc. , Infineon Technologies AG , Nexperia , NXP Semiconductors , Renesas Electronics Corporation , ROHM CO., LTD. , Semiconductor Components Industries, LLC , StarPower Semiconductor Ltd. , STMicroelectronics , Taiwan Semiconductor , Texas Instruments Incorporated , TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION , Vishay Intertechnology, Inc. , and WeEn Semiconductors.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global discrete semiconductor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global discrete semiconductor market.

Market Segmentation

• By Type
  • MOSFET
  • IGBT
  • Bipolar Transistor
  • Thyristor
  • Rectifier
  • Other
•  By End User
  • Automotive
  • Consumer Electronics
  • Communication
  • Industrial
  • Other End-use Verticals
• By Regional
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa 

Key Players Insights

• ABB
• Diodes Incorporated 
• GeneSiC Semiconductor Inc.
• Infineon Technologies AG 
• Nexperia
• NXP Semiconductors
• Renesas Electronics Corporation
• ROHM CO., LTD.
• Semiconductor Components Industries, LLC
• StarPower Semiconductor Ltd.
• STMicroelectronics
• Taiwan Semiconductor
• Texas Instruments Incorporated
• TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION 
• Vishay Intertechnology, Inc.
• WeEn Semiconductors