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Discrete Semiconductors - United States

United States
  • Revenue in the Discrete Semiconductors market is projected to reach US$2.33bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.69%, resulting in a market volume of US$3.54bn 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 United States is experiencing steady growth due to customer preferences for advanced technology, increasing demand in various industries, and local special circumstances that contribute to the market's development.

    Customer preferences:
    Customers in the United States have a strong preference for advanced technology and high-performance electronic devices. This drives the demand for Discrete Semiconductors, which are essential components in a wide range of electronic products. Consumers are increasingly looking for smaller, more efficient, and more powerful devices, which require advanced semiconductors. Additionally, customers are also seeking semiconductors that offer enhanced connectivity and energy efficiency, as well as those that can support emerging technologies such as artificial intelligence and Internet of Things (IoT) devices.

    Trends in the market:
    One of the key trends in the Discrete Semiconductors market in the United States is the increasing adoption of power semiconductors. These semiconductors are used in power management applications, such as power supplies, motor control, and energy conversion. With the growing demand for electric vehicles, renewable energy sources, and energy-efficient solutions, the need for power semiconductors has significantly increased. This trend is expected to continue as the United States aims to reduce its carbon footprint and transition towards a greener economy. Another trend in the market is the rising demand for discrete semiconductors in the automotive industry. As vehicles become more advanced and connected, the need for semiconductors in automotive applications such as advanced driver-assistance systems (ADAS), infotainment systems, and electric vehicle components has grown. The United States is one of the largest automotive markets in the world, and this trend is driven by the increasing consumer demand for safety, comfort, and connectivity features in vehicles.

    Local special circumstances:
    The United States has a highly developed technology sector, with a strong presence of major semiconductor manufacturers and research institutions. This creates a favorable environment for the growth of the Discrete Semiconductors market. The country's robust infrastructure, skilled workforce, and supportive government policies for innovation and research and development further contribute to the market's development. Additionally, the United States has a large consumer base and a high disposable income, which drives the demand for electronic devices and fuels the growth of the Discrete Semiconductors market.

    Underlying macroeconomic factors:
    The growth of the Discrete Semiconductors market in the United States is also influenced by underlying macroeconomic factors. The country's stable economic conditions, technological advancements, and favorable business environment attract investments in the semiconductor industry. Moreover, the increasing digitalization of various industries, such as healthcare, manufacturing, and telecommunications, creates a strong demand for Discrete Semiconductors. As these industries continue to evolve and adopt new technologies, the demand for semiconductors will continue to grow. In conclusion, the Discrete Semiconductors market in the United States is developing due to customer preferences for advanced technology, increasing demand in various industries, and local special circumstances that support the growth of the market. The adoption of power semiconductors and the rising demand in the automotive industry are key trends driving the market's growth. The country's highly developed technology sector, favorable business environment, and stable macroeconomic conditions contribute to the market's development.

    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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