Discrete Semiconductors - Ireland

Revenue in the Discrete Semiconductors market is projected to reach US$67.87m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.87%, resulting in a market volume of US$103.80m 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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Diodes, Transistors, MOSFETs
Resistors, capacitors, and inductors

Light emitting diodes
Laser diodes
Sensors such as temperature, pressure, acceleration sensors

The Discrete Semiconductors market in Ireland has been experiencing significant growth in recent years.

Customer preferences: Customers in the Discrete Semiconductors market in Ireland have been increasingly demanding smaller and more efficient components. This is driven by the growing need for compact and portable electronic devices, such as smartphones and wearables. Additionally, customers are also looking for semiconductors that offer high performance and reliability, as well as those that are compatible with emerging technologies like 5G and Internet of Things (IoT).

Trends in the market: One of the key trends in the Discrete Semiconductors market in Ireland is the increasing adoption of power semiconductors. These components are essential for managing power consumption and efficiency in various electronic devices. With the rising demand for energy-efficient solutions, power semiconductors have become crucial in industries such as automotive, industrial automation, and renewable energy. Furthermore, the growing popularity of electric vehicles (EVs) has also contributed to the demand for power semiconductors in Ireland. Another trend in the market is the shift towards wide bandgap (WBG) semiconductors. WBG semiconductors, such as silicon carbide (SiC) and gallium nitride (GaN), offer higher efficiency and faster switching speeds compared to traditional silicon-based semiconductors. This makes them ideal for applications that require high power density and high-frequency operation, such as power electronics, motor drives, and renewable energy systems. The adoption of WBG semiconductors is expected to increase in Ireland, driven by the need for more efficient and compact electronic systems.

Local special circumstances: Ireland has a strong presence of multinational technology companies, including semiconductor manufacturers and research and development centers. This has created a favorable environment for the growth of the Discrete Semiconductors market in the country. The presence of these companies has not only contributed to the development of advanced semiconductor technologies but has also attracted investments and collaborations from other industry players. This has further fueled the growth of the market in Ireland.

Underlying macroeconomic factors: The growth of the Discrete Semiconductors market in Ireland can be attributed to several underlying macroeconomic factors. Firstly, the country has a strong and stable economy, which has attracted foreign investments and encouraged local businesses to expand. This has led to increased demand for electronic devices and, subsequently, for discrete semiconductors. Additionally, the government's focus on promoting innovation and research and development has also played a significant role in the growth of the market. Ireland offers various incentives and supports for companies engaged in the semiconductor industry, which has encouraged investment and technological advancements in the sector.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

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.