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Download Free sampleThe global Power Semiconductor Switches market was valued at 535.4 Million USD in 2021 and will grow with a CAGR of 5.09% from 2021 to 2027, based on Research newly published report.
The prime objective of Power Semiconductor Switches Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Power Semiconductor Switches Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Power Semiconductor Switches are the discrete power device. A discrete power device (or discrete component) is an electronic component with just one circuit element, other than an integrated circuit. It is an electronic component widely used in automotive & transportation, industrial, consumer, communication and among others. The power transistors and thyristors are called Power Semiconductor Switches, which include PowerMOSFETs, IGBTs, Bipolar Power Transistors, SCR, GTO etc.Of the major suppliers of power semiconductor switches, Infineon Technologies maintained its first place in the ranking again in 2016. Infineon Technologies AG accounted for 18.54% of the Global power semiconductor switches sales market share in 2016. Other players accounted for 9.26%, 5.37% including ON Semiconductor and STMicroelectronics. ON Semiconductor climbed to second place, gaining almost six percentage points of share, because of its acquisition of Fairchild Semiconductor. In this study, the market for power semiconductor switches divided into five geographic regions: In Europe, Middle East, and Africa (EMEA), total power semiconductor switches accounted for 12.71%. In the Americas, total power semiconductor switches accounted for 12.81 %. The market in China power semiconductor switches accounted for 42.40%, in Japan 10.03%, and in the Rest of Asia 22.05%. The world`s largest application of power semiconductor switches is in the automotive sector, accounted for 27.79%, followed by Industrial & Power with 23.49%, consumer electronics with 22.30% and Computing & Communications with 21.04%.
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