Discrete Semiconductors Market by Application and Geography - Forecast and Analysis 2021-2025

The discrete semiconductors market share is expected to increase by USD 4.04 billion from 2020 to 2025, and the market's growth momentum will decelerate at a CAGR of 3%.

This discrete semiconductors market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by application (Consumer Electronics, ICT, Industrial, and Automotive) and geography (APAC, North America, Europe, MEA, and South America). The discrete semiconductors market report also offers information on several market vendors, including Diodes Inc., Eaton Corporation Plc, Hitachi Ltd., Infineon Technologies AG, Nexperia BV, NXP Semiconductors NV, ON Semiconductor Corp., STMicroelectronics NV, Toshiba Corp., and Vishay Intertechnology Inc. among others.

What will the Discrete Semiconductors Market Size be During the Forecast Period?

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Discrete Semiconductors Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rapid growth of the Internet of Things (IoT) is notably driving the discrete semiconductors market growth, although factors such as the us-china trade war may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the discrete semiconductors industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Driver for the Discrete Semiconductors Market

The rapid growth of the Internet of Things (IoT) is one of the driving factors for the market in focus. The IoT is a system of interrelated devices or things embedded with electronics, software, sensors, and network connectivity. The IoT technology enables Internet-connected devices to use sensors and actuators to collect, record, and transmit data to other computing devices on a real-time basis. The demand for these IoT devices is primarily being driven by the developments in wired and wireless communication technologies. The robust growth of the IoT in all key geographies is increasing the demand for IoT chipsets for integration into IoT devices. This, in turn, is driving the demand for discrete semiconductors.

Key Challenge for the Discrete Semiconductors Market

The US-China trade war is one of the key challenges for the market in focus. The global semiconductor industry is being significantly impacted by the ongoing trade war between the US and China. The US and China are two of the strongest economies in the world, and disruptions in businesses in these countries are being felt by many other countries worldwide. The imposition of steep tariffs on many goods and services has been making it difficult for business owners to operate in these countries. Since electronic components like discrete semiconductors have also witnessed an increase in tariffs, their higher ASP has been increasing the final price of the solutions these components are used in. This is affecting the demand for discrete semiconductors manufactured in these two countries.

This discrete semiconductors market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Discrete Semiconductors Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Diodes Inc.
• Eaton Corporation Plc
• Hitachi Ltd.
• Infineon Technologies AG
• Nexperia BV
• NXP Semiconductors NV
• ON Semiconductor Corp.
• STMicroelectronics NV
• Toshiba Corp.
• Vishay Intertechnology Inc.

This statistical study of the discrete semiconductors market encompasses successful business strategies deployed by the key vendors. The discrete semiconductors market is concentrated and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The discrete semiconductors market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Discrete Semiconductors Market?