Global Discrete Power Electronics Market Size, Trends and Growth Opportunity, By Materials (Silicon, Silicon Carbide, Gallium Nitride, Sapphire, and Others), By Voltage (Low, Medium, High), By Application (Power Management, Drives, Uninterruptible Power Supply (UPS), Rail Traction, Transportation, Renewable, and Others), By End User (Information Communications Technology (ICT), Consumer Electronics, Energy and Power, Industrial, Automotive, Aerospace and Defense, and Others), By Region and forecast till 2030.
Global Discrete Power Electronics Market
The Global Discrete Power Electronics Market was valued at USD 1,327.48 million in 2022 and is slated to reach USD 2,512.22 million by 2030 at a CAGR of 8.30% from 2023-2030.
Using several parts, including inductors, capacitors, and other semiconductor devices, power electronics control the flow of electrical power from one system to another. A discrete power electronics is a single semiconductor component that is utilised in power electronics as a rectifier or switch. Many applications use discrete power electronics to control voltages, lessen heat generation, and aid in reducing power usage.
Market Drivers
The manufacturing of electric vehicles is expanding quickly, which has a big impact on the market for discrete power electronics. Electric cars run entirely or partially on electricity. To manage the flow of electric energy and play a significant role in energy management, discrete power electronics are employed in many components of electric vehicles. For instance, the International Energy Agency (IEA) predicts that there will be more than 10 million electric automobiles worldwide in 2020, up 43% from 2019. As a result, the market for discrete power electronics will likely experience increased demand due to the rapid expansion of electric vehicles. The aerospace and military industries' rising need for discrete power electronics would probably fuel market expansion throughout the forecast period. Discrete power electronics products are used in the aerospace and defence industries for a variety of purposes, including landing gear, defensive aids systems (DAS), power drive controls, engine systems and controls, cabin lighting, avionics, flight control, navigation, and communications, among others. All of these things contribute to the market's growth.
Market Restraints
Throughout the anticipated term, market growth is anticipated to be constrained by the discrete power electronics complex architecture. With discrete power electronics devices, the wiring and assembly of every separate component need more time and room. This prevents the market from growing a result.
Market Segmentation
Global Discrete Power Electronics Market is segmented into Material, Voltage, Application, and End-Users. By Materials such as Silicon, Silicon Carbide, Gallium Nitride, Sapphire, and Others. By Voltage such as Low, Medium, and High. By Applications such as Power Management, Drives, Uninterruptible Power, Supply (UPS), Rail Traction, Transportation, Renewable, and Others. By End-Users such as Information Communications Technology (ICT), Consumer Electronics, Energy and Power, Industrial, Automotive, Aerospace and Defense, and Others.
Regional Analysis
Global Discrete Power Electronics Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Asia-Pacific now holds a dominant position in the discrete power electronics market as a result of the substantial demand for power electronics from numerous end-user industries. In addition, the region's robust automobile market base will foster additional market expansion. The greatest growth rate is expected to continue to be projected for the North American market during the forecast period of 2023–2030 as a result of the region's growing use of discrete power electronics in automotive, ICT, and industrial applications. Also, the existence of significant market players and the growing usage of IoT-based technologies would contribute to further market expansion.
Key Players
This report includes a list of numerous Key Players, namely Infineon Technologies AG (Germany), Toshiba Corporation (Japan), STMicroelectronics (Switzerland), Renesas Electronics Corporation (Japan), NXP Semiconductors, LLC (U.S.), SEMIKRON (Germany), Mitsubishi Electric Corporation (Japan), Texas Instruments Incorporated (U.S.), Fuji Electric Co., Ltd. (Japan), ABB (Switzerland).
Market Taxonomy
By Materials
• Silicon
• Silicon Carbide
• Gallium Nitride
• Sapphire
• Others
By Voltage
• Low
• Medium
• High
By Application
• Power Management
• Drives
• Uninterruptible Power Supply (UPS)
• Rail Traction
• Transportation
• Renewable
• Others
By End User
• Information Communications Technology (ICT)
• Consumer Electronics
• Energy and Power
• Industrial
• Automotive
• Aerospace and Defense
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Discrete Power Electronics Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Discrete Power Electronics Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crises
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Discrete Power Electronics Market, By Materials
5.1 Y-o-Y Growth Comparison, By Materials
5.2 Global Discrete Power Electronics Market Share Analysis, By Materials
5.3 Global Discrete Power Electronics Market Size and Forecast, By Materials
5.3.1 Silicon
5.3.2 Silicon Carbide
5.3.3 Gallium Nitride
5.3.4 Sapphire
5.3.5 Others
6 Global Discrete Power Electronics Market, By Voltage
6.1 Y-o-Y Growth Comparison, By Voltage
6.2 Global Discrete Power Electronics Market Share Analysis, By Voltage
6.3 Global Discrete Power Electronics Market Size and Forecast, By Voltage
6.3.1 Low
6.3.2 Medium
6.3.3 High
7 Global Discrete Power Electronics Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Discrete Power Electronics Market Share Analysis, By End User
7.3 Global Discrete Power Electronics Market Size and Forecast, By End User
7.3.1 Information Communications Technology (ICT)
7.3.2 Consumer Electronics
7.3.3 Energy and Power
7.3.4 Industrial
7.3.5 Automotive
7.3.6 Aerospace and Defense
7.3.7 Others
8 Global Discrete Power Electronics Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Discrete Power Electronics Market Share Analysis, By Application
8.3 Global Discrete Power Electronics Market Size and Forecast, By Application
8.3.1 Power Management
8.3.2 Drives
8.3.3 Uninterruptible Power Supply (UPS)
8.3.4 Rail Traction
8.3.5 Transportation
8.3.6 Renewable
8.3.7 Others
9 Global Discrete Power Electronics Market, By Region
9.1 Global Discrete Power Electronics Market Share Analysis, By Region
9.2 Global Discrete Power Electronics Market Share Analysis, By Region
9.3 Global Discrete Power Electronics Market Size and Forecast, By Region
10 North America Discrete Power Electronics Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Discrete Power Electronics Market Share Analysis, By Materials
10.3 North America Discrete Power Electronics Market Size and Forecast, By Voltage
10.4 North America Discrete Power Electronics Market Size and Forecast, By End User
10.5 North America Discrete Power Electronics Market Size and Forecast, By Application
10.6 North America Discrete Power Electronics Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Discrete Power Electronics Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Discrete Power Electronics Market Share Analysis, By Materials
11.3 Europe Discrete Power Electronics Market Size and Forecast, By Voltage
11.4 Europe Discrete Power Electronics Market Size and Forecast, By End User
11.5 Europe Discrete Power Electronics Market Size and Forecast, By Application
11.5 Europe Discrete Power Electronics Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Discrete Power Electronics Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Discrete Power Electronics Market Share Analysis, By Materials
12.3 Asia Pacific Discrete Power Electronics Market Size and Forecast, By Voltage
12.4 Asia Pacific Discrete Power Electronics Market Size and Forecast, By End User
12.5 Asia Pacific Discrete Power Electronics Market Size and Forecast, By Application
12.6 Asia Pacific Discrete Power Electronics Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Discrete Power Electronics Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Discrete Power Electronics Market Share Analysis, By Materials
13.3 Latin America Discrete Power Electronics Market Size and Forecast, By Voltage
13.4 Latin America Discrete Power Electronics Market Size and Forecast, By End User
13.5 Latin America Discrete Power Electronics Market Size and Forecast, By Application
13.6 Latin America Discrete Power Electronics Market Size and Forecast, Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Discrete Power Electronics Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Discrete Power Electronics Market Share Analysis, By Materials
14.3 Middle East Discrete Power Electronics Market Size and Forecast, By Voltage
14.4 Middle East Discrete Power Electronics Market Size and Forecast, By End User
14.5 Middle East Discrete Power Electronics Market Size and Forecast, By Application
14.6 Middle East Discrete Power Electronics Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Infineon Technologies AG (Germany)
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Toshiba Corporation (Japan)
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 STMicroelectronics (Switzerland)
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Renesas Electronics Corporation (Japan)
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 NXP Semiconductors, LLC (U.S.)
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Semikron (Germany)
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Mitsubishi Electric Corporation (Japan)
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Texas Instruments Incorporated (U.S.)
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Fuji Electric Co., Ltd. (Japan)
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 ABB (Switzerland)
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
