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Discrete Semiconductors - Australia

Australia
  • Revenue in the Discrete Semiconductors market is projected to reach US$228.40m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.64%, resulting in a market volume of US$345.60m by 2029.
  • In global comparison, most revenue will be generated China (US$10.22bn in 2024).
Definition:

Discrete semiconductors are the basic type of semiconductors, often built using a single semiconductor device. Unlike complex integrated circuits, they are used in applications to perform an elementary electronic function. Semiconductors such as diodes, transistors, resistors, capacitors, and inductors can be classified as discrete semiconductors.


Additional Information:

The Discrete Semiconductors market comprises revenue and revenue change as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B), and governments (B2G).

Key players in this market include Infineon, On semi, Diodes Inc, Vishay, Nexperia, etc.,

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In-Scope

  • Diodes, Transistors, MOSFETs
  • Resistors, capacitors, and inductors

Out-Of-Scope

  • Light emitting diodes
  • Laser diodes
  • Sensors such as temperature, pressure, acceleration sensors
Discrete Semiconductors: market data & analysis - Cover

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Discrete Semiconductors: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Discrete Semiconductors market in Australia is experiencing steady growth and development.

    Customer preferences:
    Customers in the Australian market have shown a strong preference for reliable and high-quality discrete semiconductors. They value products that offer advanced features and capabilities, as well as those that are energy-efficient and environmentally friendly. Additionally, customers in Australia tend to prioritize products that are easy to integrate into their existing systems and offer a high level of performance and durability.

    Trends in the market:
    One of the key trends in the Discrete Semiconductors market in Australia is the increasing demand for power semiconductors. This can be attributed to the growing adoption of renewable energy sources, such as solar and wind power, in the country. As Australia aims to transition to a more sustainable energy system, there is a need for power semiconductors that can efficiently convert and manage the power generated from these sources. This trend is expected to continue driving the growth of the Discrete Semiconductors market in Australia. Another trend in the market is the rising demand for semiconductors in the automotive sector. Australia has a strong automotive industry, and there is a growing focus on developing electric vehicles (EVs) and autonomous driving technologies. These advancements require advanced semiconductors for various applications, such as power management, sensor integration, and connectivity. As a result, the demand for discrete semiconductors in the automotive sector is expected to increase significantly in the coming years.

    Local special circumstances:
    Australia has a relatively small population compared to other countries, which can impact the size of the Discrete Semiconductors market. However, the country has a highly developed and technologically advanced economy, which creates a favorable environment for the growth of the market. Additionally, Australia has a strong focus on research and development, which encourages innovation and drives the demand for advanced semiconductors.

    Underlying macroeconomic factors:
    The growth of the Discrete Semiconductors market in Australia is also influenced by various macroeconomic factors. These include factors such as GDP growth, investment in infrastructure, and government policies. A stable and growing economy provides a favorable environment for businesses and encourages investment in technology and innovation. Government initiatives and policies that promote the adoption of renewable energy and advanced technologies also play a significant role in driving the demand for discrete semiconductors in Australia. In conclusion, the Discrete Semiconductors market in Australia is experiencing steady growth and development, driven by customer preferences for reliable and high-quality products, as well as the increasing demand for power semiconductors and semiconductors in the automotive sector. The local special circumstances, such as a technologically advanced economy and a focus on research and development, contribute to the growth of the market. Additionally, underlying macroeconomic factors, such as GDP growth and government policies, play a significant role in shaping the market trends in Australia.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at the manufacturer price level (excluding VAT).

    Modeling approach / Market size:

    Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use the annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.

    Additional notes:

    The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.

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    Discrete Semiconductors: market data & analysis - BackgroundDiscrete Semiconductors: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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    Semiconductors - statistics & facts

    Governments and companies across the entire semiconductor value chain have had to navigate changing demands, supply chain imbalances, and geopolitical factors in recent times. As a result, action plans and policies have had to be established to safeguard the supply of semiconductors. In 2024, global semiconductor sales surpassed 600 billion U.S. dollars, a jump from the previous year as the industry reaps the rewards from the artificial intelligence (AI) revolution sweeping across the world.
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