Insights on the discrete semiconductor global market to 2026

The “Global Discrete Semiconductor Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.

The global discrete semiconductors market was valued at USD 24.22 billion in 2020, and it is expected to be worth USD 30.75 billion by 2026, registering a CAGR of 4.2% during the period of 2021-2026.

Companies Mentioned

• ABB Ltd
• On Semiconductor Corporation (Fairchild Semiconductor)
• Infineon Technologies AG
• STMicroelectronics NV
• Toshiba Electronic Devices & Storage Corporation
• NXP Semiconductors NV (To be Acquired by Qualcomm)
• Diodes Incorporated
• Nexperia BV
• D3 Semiconductor LLC
• Eaton Corporation PLC
• Hitachi Ltd
• Mitsubishi Electric Corp.
• Fuji Electric Corp.
• Taiwan Semiconductor Manufacturing Company Ltd
• Vishay Intertechnology Inc.
• Renesas Electronics Corporation
• ROHM Co. Ltd
• Microsemi Corporation (Microchip Technology)
• Qorvo Inc.
• Cree Inc.
• General Electric Company
• Littelfuse Inc
• United Silicon Carbide Inc.

Key market trends

Automotive sector is expected to have the highest growth

• Automotive is one of the emerging sectors of the discrete semiconductors market and is estimated to have a significant share with an increase in the adoption of EVs and HEVs. The increased demand for discrete semiconductors can be attributed to innovations, like autonomous vehicle technology, regenerative braking, and inclusion of a variety of sensors (like LiDAR and cameras). Furthermore, government regulations for mandatory advanced driver assistant systems (ADAS) have aided the growth in this segment.
• Electronic components in the automotive industry are critical for safety and are subjected to extreme voltages and environmental conditions. This has driven the manufacturers to develop a new line of discrete semiconductors for automotive applications.
• STMicroelectronics company realized that this potential has been working with Tesla since 2018, and it signed an agreement with the Renault-Nissan-Mitsubishi alliance in 2019. The automakers are rushing to integrate STMicroelectronics advanced SiC technology. ST’s SiC semiconductors enable the device to be downsized in order of 70% and have lower cooling requirements.
• EVs market is highly competitive and new manufacturers are pushing the envelope for innovation. For instance, Porsche equipped its Taycan with an 800 V system while many contemporary electric cars operate with 400 V batteries. This has led to traditional automotive component manufacturers to develop their discrete semiconductor line up for the automotive sector. Bosch was one such company to develop its SiC Mosfet, in November 2019. Furthermore, the company announced the expansion of its plant, to ramp up its production of discrete semiconductors.

Americas holds major share

• North America is one of the prominent markets, owing to the large automotive and other industries in the region that consumer discrete semiconductors. Vendors, such as On Semiconductor Corporation, Diodes Incorporated, and D3 Semiconductor LLC, among others, are headquartered in the region.
• In August 2020, US-based Central Semiconductor Corp., a manufacturer of innovative discrete semiconductor solutions, introduced its new portfolio of Silicon Carbide (SIC) Schottky Rectifier die. Optimized for high-temperature applications, these devices are available in both 650V and 1200V, with a current range of 2A and 50A for 1,200V devices, and 4A to 30A for 650V devices.
• The United States is a significant country for manufacturing, design, and research in the semiconductor industry. The region’s prominence drives demand in exporting electronics equipment, and growing end-user industries that are major consumers of semiconductors such as consumer electronics, automotive industry, etc.
• For instance, according to the Semiconductor Industry Association (SIA), the semiconductor industry directly employs nearly a quarter of a million workers in the United States, and US semiconductor company sales totaled USD 193 billion in 2019. According to the World Semiconductor Trade Statistics, in December 2019, semiconductor sales in the Americas amounted to USD 7.49 billion.BusinessWire