The Power Discrete and Module for Automotive Market had a strong performance in 2020, and it is anticipated to maintain a steady growth rate over the forecast period. The market growth is primarily driven by the escalating demand for electronic and electrical components in various sectors, such as energy and power generation equipment, electric vehicles, consumer electronics, aerospace and defense, solar farms, and others.
Discrete devices refer to individual semiconductors, such as transistors and diodes, that serve a specific function. Power transistors, a type of discrete device, are essential in many applications, as they regulate voltage and help reduce power consumption and heat generation.
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Top Companies Operating in the Global Power Discrete and Module for Automotive Market Report:
Infineon Technologies AG, Toshiba Corporation, Mitsubishi Electric Corporation, NXP Semiconductors, ON Semiconductor, STMicroelectronics, Renesas Electronics Corporation, Texas Instruments, ROHM Semiconductors, and Semtech Corporation.
Driving Factors of Power Discrete and Module for Automotive Market:
The Power Discrete and Module for Automotive Market is influenced by several factors that contribute to its growth and development. One of the primary driving factors is the increasing demand for electronic and electrical components in various industries, including electric vehicles, energy and power generation equipment, consumer electronics, aerospace and defense applications, solar farms, and others.
Another key factor is the growing trend of energy efficiency and renewable energy sources, which has led to the development of advanced power modules and discrete devices that offer higher efficiency and better performance. The increasing focus on reducing carbon emissions and energy consumption has also propelled the demand for power modules and discrete devices.
Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Further market segmentation
Component Outlook (Revenue, USD Million; 2018 - 2028)
- Rectifier
- IGBT
- MOSFET
- Other
Material Outlook (Revenue, USD Million; 2018 - 2028)
- Silicon (Si)
- Silicon Carbide (SiC)
- Gallium Nitride (GaN)
Application Outlook (Revenue, USD Million; 2018 - 2028)
- Telecommunication
- Automotive
- Industrial
- Others
Key Takeaways of the Global Power Discrete and Module for Automotive Market Report:
· A comprehensive overview of the global Power Discrete and Module industry.
· Accurate market projections in terms of market size, share, and volume.
· Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
· Deep-dive analysis of the upcoming market trends.
· Qualitative and quantitative analyses of the global Power Discrete and Module for Automotive Market.
· Elaborate study of the leading regional markets in the global Power Discrete and Module for Automotive Market.
· Complete overview of the market’s competitive landscape.
· Brief look at the company profiles and portfolios.
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