PUBLISHER: Lucintel | PRODUCT CODE: 1356692
PUBLISHER: Lucintel | PRODUCT CODE: 1356692
Discrete Power Device Trends and Forecast
The future of the global discrete power device market looks promising with opportunities in the automotive & transportation, industrial, consumer, and communication markets. The global discrete power device market is expected to reach an estimated $39.1 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are growing demand for green energy power generation, as well as extensive adoption of electric vehicles that led to advancements in the performance capabilities of power semiconductor components.
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Discrete Power Device by Segment
The study includes a forecast for the global discrete power device by type, application, and region.
Discrete Power Device Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Discrete Power Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Discrete Power Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Discrete Power Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies discrete power device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the discrete power device companies profiled in this report include-
Discrete Power Device Market Insights
Lucintel forecasts that thyristors will remain the largest segment over the forecast period because it is simple to activate and has control over alternative current (AC) power.
Within this market, automotive & transportation will remain the largest segment over the forecast period because of its growing applications in vehicles as it helps in precisely monitoring over particular systems or subsystems that helps in enhancing a vehicle's performance.
APAC will remain the largest region over the forecast period due to growing research & development activities (R&D) activities and presence of key players in this region.
Features of the Global Discrete Power Device Market
Market Size Estimates: Discrete power device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Discrete power device market size by type, application, and region. in terms of value ($B).
Regional Analysis: Discrete power device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and region.s for the discrete power device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the discrete power device market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1. What is the discrete power device market size?
Answer: The global discrete power device market is expected to reach an estimated $39.1 billion by 2030.
Q.2. What is the growth forecast for discrete power device market?
Answer: The global discrete power device market is expected to grow with a cagr of 5.6% from 2024 to 2030.
Q.3. What are the major drivers influencing the growth of the discrete power device market?
Answer: The major drivers for this market are growing demand for green energy power generation, extensive adoption of electric vehicles that led to advancements in the performance capabilities of power semiconductor components, and .
Q.4. What are the major segments for discrete power device market?
Answer: The future of the discrete power device market looks promising with opportunities in the automotive & transportation, industrial, consumer, and communication markets.
Q.5. Who are the key discrete power device market companies?
Answer: Some of the key discrete power device companies are as follows:
Q.6. Which discrete power device market segment will be the largest in future?
Answer: Lucintel forecasts that thyristors will remain the largest segment over the forecast period because it is simple to activate and has control over alternative current (AC) power.
Q.7. In discrete power device market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to growing research & development activities (R&D) activities and presence of key players in this region.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.