Global Transistor Market Size (2024 - 2029)

Transistor Market Analysis

The global transistor market is growing at a CAGR of 4.1% during the forecast period (2020-2027). Due to the rising transistors in various electronic devices such as computer memory chips, solid-state multimedia storage devices for electronic games, cameras, MP3 players, and microprocessors, the market is witnessing demand. Some of the factors which are fostering the market growth are:

• The manufacturers are focusing on developing more power-efficient devices with better functioning to meet the customers' demand and have a competitive edge over others. The advancement in technology for these transistors is evolving by building them with 2-D layers of tungsten diselenide (WSe2) and tin diselenide (SnSe2). These two semiconducting materials are few nanometres and are invisible to the human eyes.
• In this era of Industrial automation and Industry 4.0, electronic equipment used in the plants is increased. Previously the bipolar junction transistor was the most used. Even after MOSFETs became available, the BJT remained the transistor of choice for digital and analog circuits because of their ease of manufacture and speed. However, the MOSFET has several desirable properties for digital circuits, and significant advancements in digital circuits have pushed MOSFET design to be used commonly for both analog and digital functions.
• The increase in demand for electric vehicles is also boosting the market growth of transistors. Various types of transistors are used in the manufacturing process of EVs.According to the International Energy Agency (IEA), in 2021, electric car sales will more than double compared to 2020 and reach 6.6 million. Electric cars represented nearly 9% of the global car market in 2021, with more than tripling the market share from two years earlier.
• The rising trend of miniaturization of electronic products and scaling down the size of the transistors while maintaining the high-performance efficiency of the components is the biggest challenge for the market players. There will be a requirement for new technology implementation in the manufacturing processes to achieve all functionality, such as electron beam or x-ray technology. Advance fabrication plants need to be set up, which will cost huge for the manufacturers with huge cost association.
• The covid 19 pandemic has negatively impacted the transistor market by reducing the total global consumption of electronic devices. Due to supply chain disruptions, the pandemic has severely affected the global manufacturing sector. It has affected various end-users of transistors by downsizing their businesses. But MOSFET's market growth is noticeable after the pandemic with a huge recovery due to an increase in demand for computing and consumer electronics which contributes nearly 37% of silicon MOSFET revenues.

Transistor Industry Segmentation

A transistor is a semiconductor device that regulates current or voltage flow and acts as a switch or gate for electronic signals. A transistor can amplify the power or signals to get more output than input. It can be packaged individually and can be embedded in integrated circuits.