Global Power MOSFET Market by Type (Depletion Mode Power MOSFET and Enhancement Mode Power MOSFET), Power Rate (High Power, Medium Power, and Low Power), and Application (Energy & Power, Consumer Electronics, Automotive, Inverter & UPS, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2020 - 2027

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The power MOSFET market is highly competitive, owing to strong presence of the existing vendors. Power MOSFET technology vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals as they have the capacity to cater to the global market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by the key vendors.

The power MOSFET market possesses high growth potential in the wearable electronics industry and automotive industry. The current business scenario is witnessing an increase in demand for smart wearable devices, particularly in the developing regions such as China, India, and others, due to upsurge in population and rise in demand for consumer electronics. Companies in this industry are adopting various innovative techniques, such as mergers and acquisition, to strengthen their business position in the competitive matrix.

The market growth is supplemented by proactive industrialization efforts and surge in the manufacturing output due to technological advancements. These factors have allowed the emerging markets to evolve as the largest markets during the forecast period both from the demand as well as the supply side. Public & private organizations have substantially invested in R&D activities and fabrication techniques to develop cost-effective MOSFET.

Asia-Pacific is the major revenue contributor to the global market, followed by Europe. The market growth in Asia-Pacific and Europe is expected to significantly increase during the forecast period.

The power MOSFET market provides numerous growth opportunities to the market players such as Infineon Technologies AG, Fairchild Semiconductors, Renesas Electronics Corporation, Digi-Key Electronics, Toshiba, and others. These companies are engaged in the process of product innovation, collaboration, and acquisition to expand their services across various regions.