MOSFET Power Devices Market is
anticipated to witness an exponential growth in the forecast period. A
metal–oxide–semiconductor field-effect transistor (MOSFET) is used as an
electronic switch device and is a type of power semiconductor. It is a
profitable substitute to bipolar junction transistor (BJT).
Factors such as growing sales of electronics, the demand for
power semiconductor components, lower efficiency of devices at low voltages,
technological advancement, increasing demand from key end users, and adopting
power MOSFET to increase the efficiency of operations involving high switching
speeds are likely to drive the MOSFET power device market in the forthcoming
period.
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On the other hand, high implementation price and current
outflow are anticipated to hinder MOSFET power devices market growth in the
future. However, improved effectiveness and durability have increased the rate
of acceptance of power MOSFET in energy & power, consumer electronics.
MOSFET power device market is anticipated to expand at a significant CAGR in
the upcoming period as the scope, product types, and its applications are
increasing across the globe.
The market could be explored by type, application, and
geography. Market could be explored by type as MOSFET Power Module and MOSFET
Discrete. Market could be explored by Power rate as High Power, Low Power and
Medium Power.
The key applications that could be explored in the MOSFET
power devices industry include Consumer, Industrial Drives, Renewables,
Traction, Automotive, and Other. The “Automotive” segment accounted for a
prominent share in the market. It is likely to witness a substantial growth in
the years to come.
Asia-Pacific is a leading region in the market. It is likely
to maintain its dominance in the forecast period owing to factors such as surge
in demand from key players, technological advancement, the upsurge in the
number of power management devices and solutions. In addition, growth in energy
& power and automotive segments are anticipated to boost the power MOSFET
market, particularly in the Asia-Pacific countries, such as Australia, Japan,
China, and India. The surge in demand for switching devices and an increase in
the acceptance of controllers in consumer electronics and other segments.
Key players operating in the MOSFET power devices market
include Renesas, Infineon, Panasonic, Toshiba, Mitsubishi Electric, Hitachi,
Bosch, STMicroelectronics, Raytheon, and Sumitomo Electric. The leading
companies are taking up partnerships, mergers and acquisitions, and joint
ventures in order to boost the inorganic growth of the industry.
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On the basis of
product, this report displays the production, revenue, price, market share and
growth rate of each type, primarily split into
• MOSFET Power Module
• MOSFET Discrete
On the basis on the
end users/applications, this report focuses on the status and outlook for major
applications/end users, consumption (sales), market share and growth rate of
MOSFET Power Devices for each application, including
• Industrial Drives
• Consumer
• Automotive
• Renewables
• Traction
• Other
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