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?

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74% of the market's growth will originate from APAC during the forecast period. China, Taiwan, South Korea (Republic of Korea), and Singapore are the key markets for discrete semiconductors in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing demand for semiconductors from several industries will facilitate the discrete semiconductors market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Discrete Semiconductors Market?

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The discrete semiconductors market share growth by the consumer electronics segment will be significant during the forecast period. Consumer electronic products have evolved significantly in recent times, with vendors introducing modern electronic gadgets with touch displays, keypads, and in-built memory, among other features. These developments are increasing the number of discrete semiconductors that are used in an appliance. Furthermore, with the launch of various IoT-based consumer electronics devices, the segment is expected to witness robust growth over the next five years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the discrete semiconductors market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Discrete Semiconductors Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive discrete semiconductors market growth during the next five years
• Precise estimation of the discrete semiconductors market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the discrete semiconductors industry across APAC, North America, Europe, MEA, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of discrete semiconductors market vendors

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