Dublin, Oct. 31, 2023 (GLOBE NEWSWIRE) -- The "Power Transistors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
In 2022, the global power transistors market achieved a total value of $16.3 billion. Looking ahead, the market is expected to expand further and reach $21.1 billion by 2028, displaying a compound annual growth rate (CAGR) of 4.42% during the period from 2023 to 2028.
Quick Summary
In the bustling world of technology, the global power transistors market stands out as a rapidly evolving and significant space. Power transistors, with their wide application as switches or amplifiers for high-power applications, have become critical components in various electronic products. With an ability to improve switching efficiency and increase power efficacy, these versatile gadgets are witnessing a surge in global traction.
Highly adaptive for the fast-paced technology sector, power transistors excel in dissipating heat quickly, thereby preemptively tackling overheating, lowering CO2 emissions, and reducing electricity costs. In a time marked by increasing energy demands and emphasis on power-efficient devices, power transistors offer key solutions. Furthermore, the continuous investments by manufacturers to advance the performance parameters of power transistors, coupled with emerging trends like miniaturization in product design, catalyze the potential growth in the market. The report provides an in-depth analysis of the worldwide power transistors market, segmented based on product, type, end-use, and application - a valuable asset for anyone keen to tap into this high-growth market.
Market Highlights
Power transistors play a crucial role in efficiently dissipating heat, preventing overheating, reducing CO2 emissions, and lowering electricity costs. They serve as essential components in various electronic products. With the world's growing population and the increasing consumption of fossil fuels, there is a rising demand for power-efficient electronic devices.
Manufacturers are actively investing in research and development activities aimed at enhancing the performance parameters of power transistors. They are also introducing new semiconductor materials, such as silicon carbide (SiC) and gallium nitride (GaN) transistors, to drive market growth.
Another noteworthy market trend is the miniaturization of product designs achieved through advanced processes like technology computer-aided design (TCAD) and device simulations. These techniques enable manufacturers to create compact and highly efficient power transistors.
Competitive Landscape
The industry's competitive landscape features prominent players, including:
- Champion Microelectronic Corp.
- Diodes Incorporated
- Infineon Technologies AG
- Linear Integrated Systems
- Mitsubishi Electric Corporation
- NXP Semiconductors N.V.
- Semiconductor Components Industries LLC
- Renesas Electronics Corporation
- SEMIKRON International GmbH
- STMicroelectronics International N.V.
- Texas Instruments Incorporated
- Torex Semiconductor Ltd.
- Toshiba Corporation,
- Vishay Intertechnology Inc.
These companies are at the forefront of technological advancements and innovations in the power transistors market.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 147 |
| Forecast Period | 2022-2028 |
| Estimated Market Value (USD) in 2022 | $16.3 Billion |
| Forecasted Market Value (USD) by 2028 | $21.1 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Key Topics Covered
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Power Transistors Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Low-Voltage FETs
6.2 IGBT Modules
6.3 RF/ Microwave Transistors
6.4 High Voltage FETs
6.5 IGBT Transistors
6.6 Others
7 Market Breakup by Type
7.1 Bipolar Junction Transistor
7.2 Field Effect Transistor
7.3 Heterojunction Bipolar Transistor
7.4 Others
8 Market Breakup by End-Use
8.1 Consumer Electronics
8.2 Communication and Technology
8.3 Automotive
8.4 Manufacturing
8.5 Energy and Power
8.6 Others
9 Market Breakup by Application
9.1 OEMs
9.2 Aftermarket
10 Market Breakup by Region
10.1 North America
10.2 Asia Pacific
10.3 Europe
10.4 Latin America
10.5 Middle East and Africa
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/6nzznm
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