DISCRETE DIODES MARKET ANALYSIS

Discrete Diodes MarketSize and Trends

Growth of consumer electronic device market is a major factor driving growth of the discrete diodes market

The basic function of every diode is to direct the current in one direction, however, the way of transmission differs. Most common type of diodes used are the semiconductor diodes, which consists of P-N junctions. Due unidirectional current carrying properties, diodes can operate as rectifiers, switches, and limiters. One of the primary factors driving growth of the discrete diodes market is the growing consumer electronics market. For instance, according to the July 2017 fact sheet released by ZVEI: Die Elektroindustrie, the global electrical and electronic production in 2015 accounted for US$ 4.63 trillion from US$ 4.04 trillion in 2014. Growing demand for advanced and better electronic devices influence manufacturers to focus on rampantly upgrading their products in terms of design, processing, power consumption, and user interface, in order to improve its functionalities and attract more consumers. Discrete diodes such as power diodes or Schottky diodes are important elements of electronic circuits. Thus, growing demand for consumer electronic devices is expected to simultaneously drive growth of the discrete diode market.