Market Trends of Global Bipolar Small Signal Transistor Industry
This section covers the major market trends shaping the Bipolar Small Signal Transistor Market according to our research experts:
Increasing Consumption of Consumer Electronic Goods to Drive the Market Growth
The demand for consumer electronic products and the usage of electronics across industries has been increasing, directly or indirectly impacting the bipolar small signal transistor market to growth. Bipolar small-signal transistors are used throughout consumer electronics applications such as smartphones, tablets, portable consumer products, linear and switching, etc.
The smartphone is the major consumer of semiconductors in this segment as these transistors are used primarily for the amplification of signals the smartphone sends to the base station. Hence, with the number of mobile subscriptions growing, the increasing usage of mobile phones is anticipated to drive the global market. For instance, according to Ericsson, By the end of 2027, 5G mobile subscriptions are expected to reach 4.4 billion.
Such trends are encouraging the vendors to develop products that can fulfill the requirements of the consumer electronic sector. For instance, Toshiba offers an extensive lineup of bipolar transistors ranging from small-signal, surface-mounted, ultra-small transistors to power transistors with lead-type packages, including high current, low-saturation, and ultra-high-speed types.
Since the outbreak of COVID-19, many institutions have started implementing virtual learning methods and offering online courses. The surge in digitization in educational institutions is one of the key factors driving the increase in devices such as computers, laptops, and tablets. As a result, the increased demand for computers and peripherals in the education sector is expected to positively influence the growth of the studied market.
Asia-Pacific Region is Expected To Witness Significant Growth
Asia-Pacific is the fastest-growing transistor market because of the region's growing economy. China, Japan, South Korea, and India are among the major countries wherein the end-user sectors such as manufacturing, consumer electronics, and automotive have grown significantly over the past few decades.
For instance, the Chinese government has launched "Made in China 2025," a state-led industrial program to make China the world's leading manufacturer of high-tech goods. The program aims to leverage government subsidies, mobilize state-owned firms, and seek intellectual property acquisition to catch up to and eventually surpass Western technological superiority in sophisticated sectors.
Additionally, robotic solutions are increasingly being used, as factories across the region are fast becoming automated. For instance, in March 2021, Fanuc, a Japanese industrial robot manufacturer, invested JPY 26 billion in its Shanghai facility. The investment was made through a joint venture with Shanghai Electric Group, a local company. As these transistors are used inside robots primarily as electronic switches, the demand is expected to increase during the forecast period.
Furthermore, to bring the cost of electric vehicles at par with petrol vehicles, the government, under the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India scheme, supports electric vehicles and demand incentives. For instance, under Phase II of the FAME India Scheme, the Ministry of Heavy Industries has sanctioned 2877 charging stations in 68 cities across 25 states/UTs. Such trends are expected to positively impact the bipolar small signal transistor, owing to the need for electronic devices in the infrastructural development for EV service stations.
