Discrete Semiconductors Global Market Report 2024

The term 'discrete semiconductors' refers to components with complex integrated circuits designed to perform elementary electronic functions. These components are specifically engineered to carry out small electronic functions independently, without being divisible into individual components. Discrete semiconductors are utilized for high-power and high-frequency operations in various sectors, including communication, electronics, manufacturing, and others. Examples of discrete semiconductors include IGBTs, MOSFETs, thyristors, diodes, rectifiers, and more.

The primary types of discrete semiconductors encompass MOSFETs, IGBTs, bipolar transistors, thyristors, rectifiers, and others. The Metal–Oxide–Semiconductor Field-Effect Transistor (MOSFET), for instance, is a current-controlled device widely used for switching purposes and signal amplification in electronic devices. Discrete semiconductors consist of various components such as memory devices, logic devices, discrete power devices, among others. These components find applications in a wide range of industries, including consumer electronics, communication, automotive, and industrial sectors.

The discrete semiconductors market research report is one of a series of new reports that provides discrete semiconductors market statistics, including discrete semiconductors industry global market size, regional shares, competitors with a discrete semiconductors market share, detailed discrete semiconductors market segments, market trends and opportunities, and any further data you may need to thrive in the discrete semiconductors industry. This discrete semiconductors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The discrete semiconductors market size has grown rapidly in recent years. It will grow from $35.96 billion in 2023 to $40.55 billion in 2024 at a compound annual growth rate (CAGR) of 12.8%. The growth observed in the historic period can be attributed to the expansion of the electronics and semiconductor industry. Increased demand for consumer electronics, the growth of automotive electronics, emphasis on energy efficiency and green technologies, and applications in defense and aerospace sectors were key factors contributing to this growth.

The discrete semiconductors market size is expected to see rapid growth in the next few years. It will grow to $65.32 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%. The anticipated growth in the forecast period can be attributed to factors such as aerospace and space exploration initiatives, developments in quantum computing, the emphasis on environmental sustainability and green semiconductors, evolving dynamics in the global supply chain, and the increasing demand for electronics. Notable trends expected in the forecast period include the proliferation of industrial automation and IoT (Internet of Things), ongoing technological advancements, increased investments in research and development, the rise of edge computing and edge devices, and advancements in medical electronics and healthcare technologies.

The rapid growth in the automotive industry, coupled with an increasing demand for MOSFETs and IGBTs in electronics and automobiles, is anticipated to drive the expansion of the discrete semiconductors market. Specifically, the insulated-gate bipolar transistor (IGBT) plays a pivotal role in the power electronics system of electric vehicles (EVs). As environmental awareness grows, and there is a heightened emphasis on improving vehicle efficiency, the popularity of hybrid and electric vehicles is rising. According to the International Energy Agency (IEA), 6.6 million plug-in vehicles were sold in 2021, more than doubling the 3 million sold in 2020 and tripling the 2.2 million sold in 2019. This surge in electric vehicle adoption is expected to contribute significantly to the demand for discrete semiconductors, particularly MOSFETs and IGBTs, thereby propelling the growth of the discrete semiconductors market.

The growth of the consumer electronics industry is expected to be a driving force for the discrete semiconductor market. The expanding consumer electronics market, fueled by increased demand for smartphones, smart home devices, wearables, and other gadgets, is driven by rapid technological advancements and consumer preferences for feature-rich products. Discrete semiconductors, including transistors and diodes, are integral components in consumer electronics, playing key roles in signal control, amplification, switching, and voltage regulation. For example, in the fourth quarter of 2021, Samsung Electronics' mobile communication division contributed $23.30 billion in revenue to the company's Q1 2023 performance. The continued growth of the consumer electronics industry is expected to be a major driver for the discrete semiconductor market in the forecast period.

Technological advancement emerges as a prominent trend in the discrete semiconductors market, with companies focusing on the development of advanced solutions to enhance their global presence and market positions. Notably, in March 2021, Infineon Technologies AG, a Germany-based semiconductor manufacturer, introduced the 650 V CoolSiC Hybrid Discrete for automotive applications. This technologically advanced discrete solution combines a CoolSiC Schottky diode and a 50 A TRENCHSTOP 5 fast-switching IGBT, offering a cost-efficient performance boost and high reliability for automotive applications such as power factor correction (PFC), onboard chargers (OBC), and DC-DC and DC-AC converters. The emphasis on technological innovation is expected to play a key role in shaping the future landscape of the discrete semiconductors market

In February 2022, Helia Photonics, a UK-based company specializing in intricate optical coatings for micro-optics and light-emitting semiconductor devices, initiated a partnership with the University of the West of Scotland (UWS). The details of the financial arrangement were undisclosed. The primary objective of this collaboration is to enhance the manufacturing processes of laser diode components, a crucial element within the domain of discrete semiconductors. These laser diode components play a vital role in diverse applications spanning medical diagnostics, vision systems for self-driving vehicles, aviation, space exploration, and forensic science. The partnership aims to leverage the expertise of both Helia Photonics and the University of the West of Scotland to advance the production and application of laser diode components, contributing to the evolution and improvement of discrete semiconductors in various technological domains.

Major companies operating in the discrete semiconductors market include Infineon Technologies AG, Semiconductor Components Industries LLC, Toshiba Electronic Devices & Storage Corporation, NXP Semiconductors NV, Eaton Corporation PLC., STMicroelectronics NV, Mitsubishi Electric Corp., Fuji Electric Corp., Renesas Electronics Corporation, ROHM Co. Ltd., Cree Inc., Littelfuse Inc., United Silicon Carbide Inc., Nexperia BV, Diodes Incorporated, Vishay Intertechnology Inc., Hitachi Ltd., Texas Instruments, Intel Corporation, Samsung Electronics, Nvidia Inc., AMI Semiconductor, Advanced Semiconductor Engineering SA, Dynex Semiconductor Ltd., Elkem ASA, Anshi Semiconductor, Microchip Technology, Qorvo Inc., Semtech Corporation, IXYS Corporation, Fairchild Semiconductor, Central Semiconductor Corp., Semikron International GmbH, Sanken Electric Co. Ltd., Nihon Inter Electronics Corporation, Taiwan Semiconductor Manufacturing Company Ltd.

Asia-Pacific was the largest region in the discrete semiconductors market in 2023, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the discrete semiconductors market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the discrete semiconductors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The discrete semiconductors market consists of sales of individual transistors, diodes, and thyristors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.