Discrete Semiconductors - Serbia | Statista Market Forecast

Revenue in the Discrete Semiconductors market is projected to reach US$20.41m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.91%, resulting in a market volume of US$34.26m 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 Serbia has been steadily growing over the past few years, driven by customer preferences for advanced electronic devices and the increasing demand for energy-efficient solutions. Customer preferences in the Discrete Semiconductors market in Serbia are largely influenced by global trends. Consumers in Serbia, like in many other countries, are increasingly seeking electronic devices with advanced features and functionalities. This has led to a higher demand for discrete semiconductors that enable the development of more sophisticated and efficient electronic devices. Additionally, there is a growing awareness among consumers about the importance of energy efficiency, which has further fueled the demand for discrete semiconductors that can help reduce power consumption in electronic devices. The trends in the Discrete Semiconductors market in Serbia are closely aligned with the global market trends. One of the key trends in the market is the increasing adoption of Internet of Things (IoT) devices. IoT devices require discrete semiconductors to enable connectivity and data processing, and their popularity has been growing rapidly in Serbia. Another trend in the market is the shift towards smaller and more compact electronic devices. This trend has driven the demand for miniaturized discrete semiconductors that can be integrated into smaller devices without compromising on performance. Local special circumstances in Serbia also play a role in shaping the Discrete Semiconductors market. The country has a growing electronics manufacturing industry, which has created a strong demand for discrete semiconductors. Local manufacturers in Serbia are increasingly looking for reliable suppliers of discrete semiconductors to meet their production needs. This has created opportunities for both domestic and international semiconductor companies to expand their presence in the Serbian market. Underlying macroeconomic factors have also contributed to the growth of the Discrete Semiconductors market in Serbia. The country has experienced stable economic growth in recent years, which has increased consumer purchasing power and led to higher demand for electronic devices. Additionally, the Serbian government has been actively promoting investments in the technology sector, which has attracted foreign companies to set up manufacturing facilities in the country. This has further boosted the demand for discrete semiconductors in Serbia. In conclusion, the Discrete Semiconductors market in Serbia is developing in response to customer preferences for advanced electronic devices and energy-efficient solutions. The market is influenced by global trends such as the adoption of IoT devices and the demand for smaller electronic devices. Local special circumstances, including the growing electronics manufacturing industry, also contribute to the market's growth. The underlying macroeconomic factors, such as stable economic growth and government support for the technology sector, further fuel the demand for discrete semiconductors in Serbia.

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.