Allied Market Research
Loading...
Cart
0

Power MOSFET Market to Reach $9.90 Billion by 2027

 

Report Code : A02048

quote The global power MOSFET market is expected to witness considerable growth due to the growing adoption of electric vehicles and autonomous cars across the world. The power MOSFET industry is projected to witness significant growth, especially in the emerging economies, such as Asia-Pacific and LAMEA, owing to the development of smart technologies in the regions quote

Divyanshi Tewari
Lead Analyst, Semiconductors & Electronics at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled, “Power MOSFET Market by Type, Power Rate, and Application: Opportunity Analysis and Industry Forecast, 2020–2027,” the global power MOSFET industry size was valued at $5.43 billion in 2019, and is projected to reach $9.90 billion by 2027, registering a CAGR of 6.60% from 2020 to 2027.

The power MOSFET industry holds a substantial scope for growth in the global market. Currently, it is in its growing stage; however, its contribution to the global industry is expected to witness significant growth within the next few years. High cost associated with power MOSFET manufacturing is a major limitation for the market growth. However, recent innovations, which implant high efficiency and innovative features in smart devices, have enabled the technology to reach a wider audience base. Numerous players are entering the market with innovative products. Emerging development in IoT and growth of autonomous products are expected to drive the power MOSFET market growth in the future.

North America is the second largest region, in terms of revenue generation, in the global power MOSFET market. The consumer electronics industry is well-established in North America, which has led to increased adoption of enhanced technologies. In addition, rapid growth in the sales of smart consumer electronic products supplements the market growth. Moreover, increasing adoption of electric vehicles across the world drives the global power MOSFET market share.

In April 2020, Wingtech Technology, a global leader in semiconductors and communication based in China, raised $818 million for Nexperia China, a semiconductor assembly company, to introduce high-power MOSFET production line. The funds will be mainly used for plant upgrades and purchase & upgrade of various types of equipment and software. The upgrade is expected to increase Nexperia China's standard device production capacity by approximately 7.8 billion pieces per year, improve its test capacity & production efficiency, and increase its profitability in the near future.

According to global power MOSFET market trends, North America is the second largest region, in terms of revenue generation, in the global market. The telecommunication industry is well-established in North America, which has led to increased adoption of power MOSFET. In addition, rapid growth in the sales of consumer electronic products supplements the market growth. Moreover, widespread use of compound semiconductors in healthcare, consumer electronics, and automotive industries drives the market growth.

COVID-19 Impact

According to the power MOSFET market trends, China accounts for 50% of the global consumer electronics consumption. The outbreak of COVID-19 is having a major impact on both customers and companies. Electronics manufacturing hubs have temporarily been shut down to limit the virus spread. This is affecting the global supply chain, which is further expected to impact the suppliers and manufacturers across the world. COVID-19 is highlighting potential risk and vulnerability of the electronics industry and semiconductor value chain model.

The key players in the power MOSFET market are shifting toward agile supply chain network model that has multiple pathways to prevent single points of failure. This can help them to balance costs with better assurance for business continuity and sustainability. Shifting from single country hubs to more extensive regional supply networks is expected to initiate collaborative partnerships and industry associations. Stakeholders are anticipated to invest in resources and infrastructure that can quickly enable new manufacturing and supply nodes when required.

It is expected that the demand for innovative products could surge once the economy begins to recover. Rather than simply improving products using the current state-of-the-art technology, companies are looking forward to invest in next-generation products using new technologies as it is expected to amplify its goodwill, once customer demand surges.

Key Findings Of The Study

  • By type, the enhancement mode power MOSFET segment generated the highest revenue in the global power MOSFET market forecast in 2019.
  • By power rate, the low power segment generated the highest revenue in the global power MOSFET market share in 2019.
  • By application, the automotive segment generated the highest revenue in the global power MOSFET market size in 2019.

The key players profiled in the report include Infineon Technologies AG, Fairchild Semiconductors, Renesas Electronics Corporation, Digi-Key Electronics, Toshiba Corp., IXYS Corporation, Power Integration, STMicroelectronics, NXP Semiconductors, and Texas Instruments. These key players adopt several strategies, such as new product launch & development, acquisition, partnership & collaboration, and business expansion, to increase their market share during the forecast period. 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote 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 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Power MOSFET Market"
Purchase Enquiry