Discrete semiconductor market is anticipated to grow at a CAGR of 12.7% during the forecast period (2023-2030).  The main advantages of using discrete semiconductors include flexibility, customization, and higher power handling capabilities compared to integrated circuits. It allows designers to have precise control over circuit design and performance, and they can handle higher voltage and current levels. The growing adoption of MOSFET with the minimizing power dissipation is the key factor supporting the growth of the market globally. An integrated pulse-width modulation (PWM) generator with a resolution of 0.1% provides a convenient and precise control signal at each output to handle functions such as lamp dimming. Hence, the market players are also focusing on introducing MOSFET Discrete Semiconductor solutions that further bolster the market growth.  For instance, in September 2021, STMicroelectronics N.V. launched ST’s latest generation of VIPower* M0-9 technology to combine an efficient 40V trench vertical MOSFET with 3.3V digital logic, and high-precision analog circuitry in a 6mm x 6mm QFN package. 

Country wise Semiconductor Industry Global Market Share 2020 (%)

Source: STATE OF THE US SEMICONDUCTOR INDUSTRY

According to the Semiconductor Industry Association (SIA), in 2021, The US semiconductor industry has been the global sales market share leader with almost 50.0% annual global market share. In addition, US semiconductor firms maintain a leading or highly competitive position in R&D, design, and manufacturing process technology.

Segmental Outlook 

The global discrete semiconductor market is segmented on the type, and end users. Based on the type, the market is sub-segmented into MOSFET, IGBT, diode, bipolar transistor, thyristor, rectifier, and others (modules, small signal devices). Further, on the basis of end users, the market is sub-segmented into automotive, consumer electronics, communication, industrial and others (military & defense, aerospace). Among the end user, the automotive sub-segment is anticipated to hold a considerable share of the market owing to the rise in development of MOSFET for the automotive industry. An important for safety and are exposed to high voltages and harsh environments. This has led to the development of a new line of discrete semiconductors for automotive applications by the makers.

The IGBT Sub-Segment is Anticipated to Hold a Considerable Share of the Global Discrete Semiconductor Market

Among the Types, the IGBT sub-segment is expected to hold a considerable share of the global discrete semiconductor market. The segmental growth is attributed to the growing demand for switching devices that offer low losses and increased switching frequencies. The increasing use of inverters in air conditioners and the need to reduce power consumption in large-scale power supplies for industrial equipment. For instance, in March 2023, Toshiba Electronics Europe GmbH (“Toshiba”) launched a new 650V-rated discrete IGBT intended for use within power factor correction (PFC) circuits within air conditioners, home appliances, and power supplies for industrial equipment, and many other use cases. The new GT30J65MRB is a 60A-rated N-channel IGBT device housed in a TO-3P(N) package and based upon Toshiba’s latest generation technology with an optimized internal trench structure.

Regional Outlook

The global Discrete Semiconductor market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe, owing to the increased demand for MOSFETs and IGBTs in electronics and automobiles, drive the discrete semiconductor market. The key market players include NXP Semiconductors N.V., Renesas Electronics Corp., Samsung Electronics Co., Ltd., SK hynix Inc., Taiwan Semiconductor Manufacturing Company Ltd. and others

Global Discrete Semiconductor Market Growth, by Region 2023-2030

The North America Region is Expected to Grow at a Significant CAGR in the Global Discrete Semiconductor Market

Among all regions, the North America regions is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to increase adoption discrete semiconductor for EVs (Electric vehicles) and HEVs (hybrid electric vehicles). Innovations such as autonomous car technology, regenerative braking, and the integration of a multitude of sensors have raised demand for discrete semiconductors (like LiDAR and cameras).

According to the Semiconductor Industry Association (SIA), in 2021, The US semiconductor industry is essential to the US economy by stimulating jobs and paying income to workers. In total, the US semiconductor industry supported 1.85 million US jobs in 2020. The industry directly employs more than 277,000 domestic workers in R&D, design, and manufacturing activities, among others.

In addition, the region's expanding automotive and consumer electronics industries contribute to the growing demand for infrared LED lighting solutions. Furthermore, favorable government initiatives and investments in smart city projects further drive the market growth in the region. The key market players include Analog Devices, Inc., Intel Corp., Microchip Technology, ON Semiconductor, Texas Instruments and others

Market Players Outlook

The major companies serving the global discrete semiconductor market include Infineon Technologies AG, NXP Semiconductors N.V., ON Semiconductor, Skyworks Solutions, Inc., STMicroelectronics N.V., Vishay Intertechnology, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2022, Diotec Semiconductor AG, discrete semiconductor solutions from Germany, partnership with Mouser Electronics, Inc. for a wide range of Diotec's components in stock including diodes, rectifiers, MOSFETs, regulators, transistors and protection elements like TVS and ESD diodes.

The Report Covers

• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global discrete semiconductor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.