Consumer Discrete Semiconductors Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 10.27 Billion |
| Market Size (2029) | USD 13.68 Billion |
| CAGR (2024 - 2029) | 5.91 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Consumer Discrete Semiconductors Market Analysis
The Consumer Discrete Semiconductors Market size is estimated at USD 10.27 billion in 2024, and is expected to reach USD 13.68 billion by 2029, growing at a CAGR of 5.91% during the forecast period (2024-2029).
- The increasing popularity of smartphones, tablets, laptops, wearables, and other smart devices boosts the demand for discrete semiconductors, which are essential for their functionality. As consumer electronics become smaller and more portable, they require compact and efficient discrete semiconductors to manage power and signal processing effectively.
- Discrete semiconductors in consumer electronics are used to oversee power management, signal processing, and device protection. These components are integral to various devices, from power supplies and audio equipment to mobile phones. For instance, in rectifiers, transistors and diodes are instrumental in converting AC to DC power. Additionally, voltage regulators ensure a consistent output, and switching power supplies boost energy efficiency. Transistors enhance sound and image signals, and diodes shield circuits from voltage spikes, thereby bolstering the longevity and reliability of electronic gadgets.
- Discrete power semiconductors, such as MOSFETs and IGBTs, are found in consumer electronics, including smartphones, laptops, and PCs. The strong demand for these products is one of the key drivers for the market.
- Discrete semiconductors ensure the functionality, performance, and longevity of a wide range of devices within the fast-moving consumer electronics sector. These components are essential for facilitating quick data processing, efficient power management, precise voltage regulation, and sophisticated touch-sensing features in products such as mobile phones, laptops, televisions, and home appliances. For instance, MOSFETs find widespread applications in consumer electronics. Some applications include reverse battery protection, switching power from different sources such as an AC adapter and batteries, and turning off loads such as backlighting when unnecessary.
- The surge in 5G technology investments is leading to a simultaneous increase in the demand for 5G-capable smartphones. The rise in smartphone usage, driven by population growth, has been a key factor supported by lower prices and enhanced features, which, in turn, are elevating smartphone ownership rates. As per BankMyCell, it is projected that by 2023, the global mobile phone user count will reach 6.92 billion, accounting for 86.29% of the world's population possessing a mobile device.
- The manufacturing of discrete semiconductors involves complex processes and high capital investment. Fluctuations in raw material prices, particularly for silicon and other essential components, can lead to increased production expenses. This can make it difficult for manufacturers to maintain competitive pricing, especially in a market where consumers are increasingly price-sensitive.
- Geopolitical challenges, including the Russian invasion of Ukraine, China-US competition, elections, and the war in Israel, significantly impact the global supply chain, especially critical raw materials vital for traditional industries, defense, high-tech sectors, aerospace, and green energy. The Russia-Ukraine war and economic slowdown caused significant disruption in the semiconductor industry. The increased inflation and interest rates reduced consumer spending, hampered the industry's demand, and led to slow growth in the discrete semiconductor market.
Consumer Discrete Semiconductors Market Trends
Power Transistors are Expected to Hold a Significant Market Share
- MOSFETs, a subset of field-effect transistors (FETs), are essential in both amplifying and switching electronic signals across various applications. Their key feature is regulating current flow between source and drain terminals through an electric field. These devices are valued for their operational efficiency at low voltages, ensuring rapid switching and maximum performance.
- Conventional power amplifiers face challenges with power loss, highlighting the increasing demand for RF high-power MOSFET modules. These modules feature integrated impedance-matching circuits, enhancing their output power performance. Leading vendors, such as Mitsubishi Electric, are planning to expand their frequency range by introducing a 900 MHz module utilizing a new MOSFET. This strategic move is expected to deliver a 50W power output model, operating within the 763 MHz to 870 MHz band with a 40% efficiency, thereby reducing power consumption and extending radio communication ranges.
- The electronics industry is experiencing a surge in demand, driven by a variety of devices such as smartphones, tablets, laptops, wearables, and IoT gadgets. These devices depend on power transistors for their diverse functionalities. With an expanding consumer base and a continuous stream of new electronic devices, the demand for power transistors is on the rise.
- In the electronics sector, the consumer electronics segment is poised for significant growth. This growth is supported by a robust manufacturing ecosystem and the presence of industry leaders such as Sony, Samsung, and Panasonic. Their dominance drives the demand for discrete semiconductors and boosts the production of consumer electronic components.
- Additionally, several smartphone manufacturers are focusing on launching advanced devices to maintain a competitive edge. For instance, in April 2024, Redmi introduced a new version of its Redmi Note 13 Pro+ 5G. This special edition, known as the Redmi Note 13 Pro+ 5G World Champions Edition or the AFA Edition in India, is powered by a MediaTek Dimensity7200-Ultra SoC, paired with up to 12GB RAM and 512GB storage.
- The growth of the electronics industry, coupled with the proliferation of IoT devices that require efficient power transistors for seamless connectivity, serves as a significant growth driver. According to the Consumer Technology Association, the retail revenue from the US consumer electronics market is projected to reach USD 512 billion in 2024.
China is Expected to Hold a Significant Market Share
- The rising disposable income is significantly boosting the growth of the Chinese consumer electronics industry. As incomes rise, more consumers can afford to purchase a wider range of electronic devices, from smartphones to smart home gadgets. As per the National Bureau of Statistics of China, the average annual per capita disposable income of Chinese households was approximately CNY 39,200 ( USD 5409.96) in 2023. It saw a significant rise over the last decades and is rising at a high pace.
- Further, rapid urbanization has led to increased demand for modern conveniences and technologies, boosting the market for consumer electronics. As per the National Bureau of Statistics of China, in 2023, approximately 66.2% of the total population in China lived in cities.
- Furthermore, the Chinese smartphone industry is comprised of major players such as Huawei, Apple, Samsung, Xiaomi, and Lenovo. Most smartphone manufacturing facilities in China are in Guangdong Province, Beijing, Tianjin, and Shanghai. They are expected to sell more smartphones in China in the coming years, driving the market's growth.
- As per the National Bureau of Statistics of China, there were over 1.7 billion cell phone subscriptions in China as of December last year. According to Chinese official government statistics, the country had a penetration rate of 99.8% for mobile internet.
- The rising digital fitness in China, with opportunities for smart fitness wearables and smart sports wearables, will drive the market growth. The drivers for this market's growth are the rising fitness awareness and the growing demand for user-friendly devices with self-monitoring functionality.
Consumer Discrete Semiconductors Industry Overview
The consumer discrete semiconductors market is consolidated and features key players like STMicroelectronics, Infineon Technologies, NXP Semiconductor, and Diodes Incorporated. Market participants strategically leverage partnerships and acquisitions to bolster their product portfolios and establish a sustainable competitive edge.
- March 2024: Infineon Technologies AG unveiled its latest product: the CoolSiC MOSFETs 2000 V, packaged in TO-247PLUS-4-HCC. This release directly caters to designers' demands for increased power density, all while ensuring steadfast system reliability, particularly in high-voltage and high-frequency scenarios. The MOSFETs' elevated DC link voltage is noteworthy, allowing for power escalation without necessitating a current increase.
- February 2024: Toshiba Electronic Devices & Storage Corporation introduced DTMOSVI(HSD) power MOSFETs, featuring high-speed diodes tailored for switching power supplies. These are targeted at applications like data centers and photovoltaic power conditioners. This addition bolsters Toshiba's latest-generation DTMOSVI series, known for its super junction structure. The company's commitment extends beyond the 650V and 600V offerings, including the new high-speed diode products. This broader lineup boosts switching power supply efficiency and aligns with the industry's drive toward energy-saving solutions.
Consumer Discrete Semiconductors Market Leaders
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On Semiconductor Corporation
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Infineon Technologies AG
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STMicroelectronics NV
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NXP Semiconductors NV
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Diodes Incorporated
*Disclaimer: Major Players sorted in no particular order
Consumer Discrete Semiconductors Market News
- May 2024: STMicroelectronics announced its plans for a state-of-the-art 200-mm silicon carbide manufacturing facility in Catania, Italy. This facility will focus on power devices, modules, and their respective testing and packaging. Coupled with an existing SiC substrate manufacturing unit at the same site, these establishments will form the cornerstone of ST's ambitious Silicon Carbide Campus. This strategic move underscores the company's commitment to establishing a fully integrated SiC manufacturing hub.
- May 2024: Toshiba Electronic Devices & Storage Corporation commemorated the completion of a new 300-millimeter wafer fabrication facility for power semiconductors alongside an office building at Kaga Toshiba Electronics Corporation in Ishikawa Prefecture, Japan. This site is a pivotal entity within Toshiba's corporate network. The construction's completion marks a significant achievement in Phase 1 of Toshiba's multi-year investment initiative. With construction wrapped up, Toshiba is now gearing up for equipment installation, aiming to commence mass production in the latter half of fiscal year 2024. Upon Phase 1's full operation, Toshiba's power semiconductor production capacity, notably for MOSFETs and IGBTs, is set to surge to 2.5 times that of fiscal 2021, the year the investment plan was devised.
Consumer Discrete Semiconductors Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
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4.2 Industry Attractiveness - Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Consumers
- 4.2.3 Threat of New Entrants
- 4.2.4 Threat of Substitute Products
- 4.2.5 Intensity of Competitive Rivalry
- 4.3 Industry Value Chain Analysis
- 4.4 Impact of COVID-19 Aftereffects and Other Macroeconomic Factors on the Market
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Rising Demand for Smart Home Devices
- 5.1.2 Increasing Trend for Miniaturization
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5.2 Market Challenges
- 5.2.1 Rising Demand for Integrated Circuits
6. MARKET SEGMENTATION
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6.1 By Type
- 6.1.1 Diode
- 6.1.2 Small Signal Transistor
- 6.1.3 Power Transistor
- 6.1.3.1 MOSFET Power Transistor
- 6.1.3.2 IGBT Power Transistor
- 6.1.3.3 Other Power Transistors
- 6.1.4 Rectifier
- 6.1.5 Thyristor
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6.2 By Geography***
- 6.2.1 United States
- 6.2.2 Europe
- 6.2.3 Japan
- 6.2.4 China
- 6.2.5 South Korea
- 6.2.6 Taiwan
- 6.2.7 Latin America
- 6.2.8 Middle East and Africa
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles*
- 7.1.1 On Semiconductor Corporation
- 7.1.2 Infineon Technologies AG
- 7.1.3 STMicroelectronics NV
- 7.1.4 NXP Semiconductors NV
- 7.1.5 Diodes Incorporated
- 7.1.6 Toshiba Electronic Devices & Storage Corporation
- 7.1.7 Nexperia BV
- 7.1.8 Eaton Corporation PLC
- 7.1.9 Hitachi Energy Ltd. (Hitachi Ltd.)
- 7.1.10 Mitsubishi Electric Corp.
- 7.1.11 Fuji Electric Co Ltd
- 7.1.12 Analog Devices, Inc.
- 7.1.13 Vishay Intertechnology Inc.
- 7.1.14 Renesas Electronics Corporation
- 7.1.15 ROHM Co. Ltd
- 7.1.16 Microchip Technology
- 7.1.17 Qorvo Inc.
- 7.1.18 Wolfspeed Inc.
- 7.1.19 Texas Instruments Inc.
- 7.1.20 Littelfuse Inc.
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
** Subject To AvailablityConsumer Discrete Semiconductors Industry Segmentation
A discrete semiconductor is a single semiconductor device that performs an essential electronic function. For market estimation, the revenue generated from sales of various types of discrete semiconductors used in the consumer industry, such as diodes, small signal transistors, power transistors, and rectifiers, are being tracked globally. The study also tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The study further analyses the overall impact of COVID-19 aftereffects and other macroeconomic factors on the market. The report's scope encompasses market sizing and forecasts for the various market segments.
The consumer discrete semiconductors market is segmented by type (diode, small signal transistor, power transistor [MOSFET power transistor, IGBT power transistor, and other power transistors], rectifier, and thyristor) and Geography (United States, Europe, Japan, China, Korea, Taiwan, and the Rest of the world). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Type | Diode | |
| Small Signal Transistor | ||
| Power Transistor | MOSFET Power Transistor | |
| IGBT Power Transistor | ||
| Other Power Transistors | ||
| Rectifier | ||
| Thyristor | ||
| By Geography*** | United States | |
| Europe | ||
| Japan | ||
| China | ||
| South Korea | ||
| Taiwan | ||
| Latin America | ||
| Middle East and Africa |
Consumer Discrete Semiconductors Market Research FAQs
How big is the Consumer Discrete Semiconductors Market?
The Consumer Discrete Semiconductors Market size is expected to reach USD 10.27 billion in 2024 and grow at a CAGR of 5.91% to reach USD 13.68 billion by 2029.
What is the current Consumer Discrete Semiconductors Market size?
In 2024, the Consumer Discrete Semiconductors Market size is expected to reach USD 10.27 billion.
Who are the key players in Consumer Discrete Semiconductors Market?
On Semiconductor Corporation, Infineon Technologies AG, STMicroelectronics NV, NXP Semiconductors NV and Diodes Incorporated are the major companies operating in the Consumer Discrete Semiconductors Market.
Which is the fastest growing region in Consumer Discrete Semiconductors Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Consumer Discrete Semiconductors Market?
In 2024, the Asia Pacific accounts for the largest market share in Consumer Discrete Semiconductors Market.
What years does this Consumer Discrete Semiconductors Market cover, and what was the market size in 2023?
In 2023, the Consumer Discrete Semiconductors Market size was estimated at USD 9.66 billion. The report covers the Consumer Discrete Semiconductors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Consumer Discrete Semiconductors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Consumer Discrete Semiconductors Industry Report
Statistics for the 2024 Consumer Discrete Semiconductors market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Consumer Discrete Semiconductors analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
