Discrete Semiconductor Market projected to reach $111.62 billion by 2032, driven by various industries
From GlobeNewswire: 2025-05-23 02:00:00
The Discrete Semiconductor Market is set to boom, with a projected value of USD 111.62 billion by 2032, growing at an 8.01% CAGR. Factors driving growth include the demand for power-efficient devices in electric vehicles and industrial automation. Asia Pacific leads the market, while North America shows the fastest growth.
In 2023, the Consumer Electronics segment dominated the market, driven by the integration of diodes, transistors, and rectifiers in smart devices. The Automotive segment is expected to grow rapidly from 2024 to 2032 due to the increased use of discrete semiconductors in EVs, battery management, and ADAS systems.
By type, Bipolar Transistors led the market in 2023, favored for their applications in amplification and switching across various sectors. The Diodes segment is projected to experience the fastest growth from 2024 to 2032, driven by demand in automotive electronics, consumer electronics, and renewable energy.
Key players in the Discrete Semiconductor Market include ABB, Diodes Incorporated, Nexperia BV, Infineon Technologies AG, Toshiba Corporation, STMicroelectronics, ON Semiconductor, ROHM Semiconductor, Texas Instruments Inc., and Vishay Intertechnology, Inc.
Recent developments include partnerships between ABB and Vention for robotic cell deployment, and Infineon and CDIL for local semiconductor wafer supply. North America is expected to see rapid growth, driven by advancements in electric vehicles, automation, and aerospace industries.
Read more at GlobeNewswire: Discrete Semiconductor Market Size to Hit USD 111.62