Power Discrete and Modules Market Report: Trends, Forecast and Competitive Analysis to 2030

Power Discrete and Modules Trends and Forecast

The future of the global power discrete and modules market looks promising with opportunities in the telecommunication, industrial, automotive, renewable, consumer electronics, military & defense, and medical markets. The global power discrete and modules market is expected to reach an estimated $36.5 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are rising demand for power electronics modules, increased focus on energy conservation, and growing interest in electric cars.

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Power Discrete and Modules by Segment

The study includes a forecast for the global power discrete and modules by material, type, component, end use, and region.

Power Discrete and Modules Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• SiC
• GaN
• Others

Power Discrete and Modules Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Power Discrete
• Power Module

Power Discrete and Modules Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Thyristor
• Diode
• Rectifier
• MOSFET
• IGBT
• Others

Power Discrete and Modules Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Telecommunication
• Industrial
• Automotive
• Renewable
• Consumer Electronics
• Military & Defense
• Medical
• Others

Power Discrete and Modules Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Power Discrete and Modules 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 power discrete and modules companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the power discrete and modules companies profiled in this report include-

• Infineon Technologies
• STMicroelectronics
• Renesas Electronics
• Toshiba Corporation
• Semtech Corporation
• ON Semiconductor
• Texas Instruments
• Mitsubishi Electric Corporation
• ROHM Semiconductors
• NXP Semiconductor

Power Discrete and Modules Market Insights

Lucintel forecasts that GAN will remain the highest growing segment over the forecast period due to growing usage of GaN in radio frequency equipment, rising demand from the telecommunications industry, and increase in demand for LiDAR, AC fast chargers, and wireless power devices.

APAC is expected to witness highest growth over the forecast period due to growing industrialization, globalization, and rising demand for medical applications including automated robots in wireless charging healthcare instruments and surgeries in this region.

Features of the Global Power Discrete and Modules Market

Market Size Estimates: Power discrete and modules 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: Power discrete and modules market size by various segments, such as by material, type, component, end use, and region in terms of value ($B).

Regional Analysis: Power discrete and modules market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different material, type, component, end use, and regions for the power discrete and modules market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the power discrete and modules market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the power discrete and modules market size?

Answer: The global power discrete and modules market is expected to reach an estimated $36.5 billion by 2030.

Q.2 What is the growth forecast for power discrete and modules market?

Answer: The global power discrete and modules market is expected to grow with a CAGR of 6.7% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the power discrete and modules market?

Answer: The major drivers for this market are rising demand for power electronics modules, increased focus on energy conservation, and growing interest in electric cars.

Q4. What are the major segments for power discrete and modules market?

Answer: The future of the global power discrete and modules market looks promising with opportunities in the telecommunication, industrial, automotive, renewable, consumer electronics, military & defense, and medical markets.

Q5. Who are the key power discrete and modules market companies?

Answer: Some of the key power discrete and modules companies are as follows:

• Infineon Technologies
• STMicroelectronics
• Renesas Electronics
• Toshiba Corporation
• Semtech Corporation
• ON Semiconductor
• Texas Instruments
• Mitsubishi Electric Corporation
• ROHM Semiconductors
• NXP Semiconductor

Q6. Which power discrete and modules market segment will be the largest in future?

Answer: Lucintel forecasts that GAN will remain the highest growing segment over the forecast period due to growing usage of GaN in radio frequency equipment, rising demand from the telecommunications industry, and increase in demand for LiDAR, AC fast chargers, and wireless power devices.

Q7. In power discrete and modules market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growing industrialization, globalization, and rising demand for medical applications including automated robots in wireless charging healthcare instruments and surgeries in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the power discrete and modules market by material (SiC, GaN, and others), type (power discrete and power module), component (thyristor, diode, rectifier, MOSFET, IGBT, and others), end use (telecommunication, industrial, automotive, renewable, consumer electronics, military & defense, medical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?