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Discrete Semiconductors - Worldwide

Worldwide
  • Revenue in the Discrete Semiconductors market is projected to reach US$31.97bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.38%, resulting in a market volume of US$50.04bn 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

    Volume

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Price

    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 Worldwide is experiencing significant growth and development due to various factors. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors all contribute to this growth. Customer preferences play a crucial role in the development of the Discrete Semiconductors market. Customers are increasingly demanding smaller, more efficient, and more powerful electronic devices. This has led to a higher demand for discrete semiconductors, which are essential components in these devices. Additionally, customers are also looking for semiconductors that offer better performance, reliability, and cost-effectiveness. As a result, manufacturers are focusing on developing and offering innovative discrete semiconductor solutions that meet these customer demands. Trends in the market are also driving the growth of the Discrete Semiconductors market. One of the major trends is the increasing adoption of Internet of Things (IoT) devices. These devices require discrete semiconductors to enable connectivity, processing, and control functions. With the rapid expansion of IoT applications in various industries, the demand for discrete semiconductors is expected to continue to grow. Another trend is the rising popularity of electric vehicles (EVs). EVs rely heavily on discrete semiconductors for power electronics and control systems. As the adoption of EVs increases worldwide, the demand for discrete semiconductors in the automotive sector is expected to rise significantly. Local special circumstances also contribute to the development of the Discrete Semiconductors market. Different countries and regions have their own unique circumstances that influence market growth. For example, in Asia, particularly in China, there is a strong focus on domestic semiconductor production and self-sufficiency. This has led to increased investments in the semiconductor industry and the development of local manufacturing capabilities. As a result, the demand for discrete semiconductors in the Asian market has been growing rapidly. In Europe, there is a strong emphasis on energy efficiency and sustainability, which has led to the adoption of discrete semiconductors in various applications, such as renewable energy systems and smart grids. Underlying macroeconomic factors also play a significant role in the development of the Discrete Semiconductors market. Economic growth, technological advancements, and government policies all contribute to market growth. A growing global economy leads to increased consumer spending power and demand for electronic devices, which in turn drives the demand for discrete semiconductors. Technological advancements, such as the development of advanced manufacturing processes and materials, enable the production of more advanced and efficient discrete semiconductors. Government policies, such as incentives for renewable energy and electric vehicle adoption, also stimulate market growth by increasing the demand for discrete semiconductors in these sectors. In conclusion, the Discrete Semiconductors market in Worldwide is experiencing significant growth and development due to customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The increasing demand for smaller, more efficient, and more powerful electronic devices, the adoption of IoT devices and electric vehicles, local circumstances in different regions, and the global economic growth and technological advancements all contribute to the growth of the Discrete Semiconductors market.

    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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