Driven by the Surge in the Adoption of Electric Vehicles and Energy-Conserving Smart Consumer Electronics Products, the Global Discrete Semiconductor Market is Forecasted to Reach Nearly $55 Bn by 2028, says Ken Research Study.
Discrete semiconductors are fundamental building blocks of electronic circuits. Before the integrated circuits appeared on the scene, all transistors, resistors, capacitors, and diodes fell into the Discrete Semiconductor category. They continue to be deployed in circuit boards in combination with other chips to date and there are hardly any electronic products that do not use discrete resistors or capacitors at all.
According to Ken Research estimates, the Global Discrete Semiconductor Market – estimated to be of a size of nearly US$35 Bn in 2022 – is expected to grow further into a nearly US$55 Bn opportunity by 2028. Ken Research shares 3 key insights on this expanding market from its latest research study.
1. Active Investments in Expanding Discrete Semiconductor Product/Solutions Portfolios by Key Players Are Helping the Market to Grow
Expanding their discrete semiconductor portfolios has been a major focus area for many key players. For instance, in August 2022, Vishay Intertechnology, Inc. launched four ultrafast discrete rectifiers that were capable of boosting the performance of medium frequency power converters, with very fast recovery time and high operating temperature withstanding capabilities. These products were meant to bolster the company’s presence in the industrial applications segment.
In September 2022, Vishay launched two short wavelength ultraviolet-emitting diodes that could cater to multiple application areas, including sterilization processes, medical instruments, refrigerators, vacuum cleaners, and much more.
In November 2021, Fuji Electric Co. Ltd introduced second-generation discrete SiC-SBD Series of power semiconductors to help users save energy in data centers and communication base stations. In an effort to better leverage the growth opportunities emerging in the market, Mitsubishi declared its decision, in January 2022, to convert its LCD panel plant in Kumamoto, Japan, into a power semiconductor manufacturing facility. Such initiatives by key players in the market are helping it grow at a steady pace.
2. Significant Growth in the Adoption of Electric Vehicles Leading towards a Surge in the Global Discrete Semiconductor Market
Automotive is an end-user segment that has been instrumental in the growth of the discrete semiconductor market. Discrete semiconductors have a vital role to play in the regenerative braking system in both full-fledged electric vehicles and hybrid electric vehicles. According to scientific studies, regenerative braking is highly efficient when it comes to the conservation of energy. It can recapture more than 70% of the kinetic energy deployed in braking that would have otherwise been lost when the brakes were applied.
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Discrete semiconductors help actualize this mechanism. Additionally, it helps keep the automotive system safe and efficient when it is exposed to high voltages and adverse environments. Altogether, the rise in the Electric Vehicle Market has a positive impact on the growth of discrete semiconductor products/solutions.
3. Exponential Growth in the Number of Transistors used in Processor Units Provides a Major Boost to the Market of Semiconductors
The number of transistors contained in a computer system’s processor unit has grown rapidly over a small interval and is expected to continue to grow at the same pace. In July 2015, the semiconductor industry’s first 7-nanometer test chips were launched with functioning transistors. To put the 7-nanometer diameter transistors into perspective, the diameter of a human hair is 100 nanometers, while the diameter of a human chromosome is 2.5 nanometers.
The 2002 Intel Pentium 4 processor contained 55 million transistors, Corei7 4960X processor launched in 2013 had a transistor count of 1.86 billion while the Alder Lake processor launched in 2021 had 100 billion transistors.
For more information on the research report, refer to the below link:
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