USD 8.4 billion
Report ID:
SQMIG45N2029 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|Tables:
59
|Figures:
75
Global MOSFETs Services Market size was valued at USD 8.4 billion in 2022 and is poised to grow from USD 9.03 billion in 2023 to USD 16.10 billion by 2031, growing at a CAGR of 7.50% in the forecast period (2024-2031).
The global MOSFETs market is driven by several factors, including the increasing demand for energy-efficient devices, the growing adoption of electric vehicles, and the rise in renewable energy projects.
Additionally, the increasing usage of MOSFETs in consumer electronics and the development of advanced MOSFET technologies are expected to drive the growth of the MOSFET market in the coming years.
The IEC sets international standards for the safety and performance of electrical and electronic devices, including MOSFETs. The organization ensures that MOSFETs comply with safety standards and guidelines for electrical insulation, temperature ratings, and current-carrying capacity.
UL is an independent safety science company that tests and certifies electrical devices, including MOSFETs. UL conducts safety tests on MOSFETs to ensure that they meet safety requirements for electrical shock, fire hazards, and other potential safety hazards.
The RoHS directive restricts the use of certain hazardous substances in electronic devices, including MOSFETs. The directive ensures that MOSFETs do not contain substances such as lead, mercury, and cadmium, which can be harmful to human health and the environment.
The robust global presence of electronic devices among millennials, the expanding array of healthcare appliances, and the anticipated surge in Hybrid Electric Vehicles (HEVs) and Electric Vehicles (EVs) within the automotive sector serve as robust pillars bolstering the growth trajectory of the studied market.
The progression of the power MOSFET transistors market is further propelled by continual advancements in technology and a consistent influx of innovative solutions.
US MOSFETs Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 8.4 billion
Largest Segment
Depletion mode MOSFETs
Fastest Growth
Depletion mode MOSFETs
Growth Rate
7.50% CAGR
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Global MOSFETs market is segmented by type, application, and region. Based on type, the market can be segmented into depletion mode MOSFETs, and enhancement mode MOSFETs. Based on application, the market is segmented into automotive, and aerospace. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global MOSFETs Market Analysis by Type
By type, the market can be segmented into depletion mode MOSFETs and enhancement mode MOSFETs. Enhancement mode MOSFETs dominated the market due to their widespread use in a variety of applications, including power electronics, automotive, industrial, and consumer electronics. They are often preferred due to their lower power consumption, faster switching speed, and higher efficiency compared to depletion mode MOSFETs.
Depletion mode MOSFETs are becoming increasingly popular in certain niche applications such as ultra-low-power circuits, battery management systems, and high-temperature environments. Depletion mode MOSFETs are able to operate in the absence of a gate signal, making them useful in circuits that require low power consumption and high reliability.
Global MOSFETs Market Analysis by Application
By application, the market can be segmented into automotive and aerospace. Due to the rising popularity of electric vehicles and the rising demand for advanced driver-assistance systems (ADAS) in automobiles, the automotive sector led the MOSFETs market. MOSFETs are used in electric vehicles for battery management systems, motor control, and power conversion. In addition, MOSFETs are used in ADAS systems for collision avoidance, lane departure warning, and automatic emergency braking, among other functionalities.
The aerospace industry is the fastest growing segment of the MOSFETs market, but it is expected to witness significant growth during the forecast period. MOSFETs are used in the aerospace industry for various applications such as avionics, communication systems, and power management systems. The increasing demand for lightweight and compact electronic components in the aerospace industry is expected to drive the growth of MOSFETs in this segment.
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North America dominated the global MOSFET market due to the high adoption of MOSFETs in various applications such as automotive, aerospace, and defense. The region has a strong presence of leading MOSFET manufacturers, including Texas Instruments, Infineon Technologies AG, and Microchip Technology. The increasing demand for energy-efficient devices and the growth of renewable energy projects are expected to drive the growth of the MOSFET market in North America.
APAC is the fastest-growing region in the MOSFET market due to the increasing adoption of MOSFETs in various applications such as consumer electronics, automotive, and industrial automation. The region has a large number of MOSFET manufacturers, including Toshiba Corporation, STMicroelectronics N.V., and ROHM Semiconductor. The growth of the MOSFET market in APAC is attributed to the increasing population, rising disposable income, and growing urbanization, which has led to an increase in demand for electronic devices.
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Global MOSFETs Market Drivers
Increasing demand for energy-efficient devices
Global MOSFETs Market Restraints
High cost of MOSFETs compared to other types of transistors
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The global MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) market is highly fragmented, with the presence of several regional and global players. The market players focus on strategic initiatives such as mergers and acquisitions, collaborations, and partnerships to expand their market share and strengthen their market position. They also invest heavily in research and development activities to develop advanced MOSFET technologies and improve their product offerings. The competition in the MOSFET market is expected to intensify in the coming years due to the growing demand for energy-efficient devices and increasing competition from low-cost alternatives.
Top Player’s Company Profiles in Global MOSFETs Market
Global MOSFETs Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Our analysis of the global MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) market indicates that the industry's expansion is being fueled by the rising demand for energy-efficient devices as well as the advancement of MOSFET technologies. With several regional and international competitors, the market is highly competitive and fragmented. In terms of market share, the Asia-Pacific region dominated, with North America experiencing the quickest growth because of the rising demand for electric vehicles and alternative energy sources. The high cost of MOSFETs compared to other types of transistors is a key restraint for the market, but the increasing adoption of MOSFETs in various applications is expected to drive the market growth in the long term.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 8.4 billion |
Market size value in 2031 | USD 16.10 billion |
Growth Rate | 7.50% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the MOSFETs Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the MOSFETs Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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With the given market data, our dedicated team of analysts can offer you the following customization options are available for the MOSFETs Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Report ID: SQMIG45N2029