Technavio has added a new market research report on the global discrete semiconductors market, to its semiconductors portfolio. The global discrete semiconductors market is expected to grow at a CAGR of around 5% between 2015 and 2019. APAC dominates the global market, accounting for around 62% of the overall market revenue. The main reason for the high revenue contribution from this region is the high concentration of OEMs and ODMs in the region.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“The market vendors are offering various discrete power devices with diverse applications especially to reduce energy wastage. Vendors are increasing the power density, aiming towards energy conservation. More is the power density of discrete semiconductors, netter is the efficiency of these devices which help end-users in saving energy. Moreover, the depletion and rising cost of fossil fuels have made energy conservation a requirement, resulting in the augmented adoption of discrete power semiconductors over the next few years,” said Navin Rajendra, Lead Analyst, Hardware & Semiconductor, Technavio Research.
Automotive segment is the fastest growing segment of the overall discrete semiconductors market. To reduce the dependence on fossil fuels and to reduce environmental hazards, the automotive sector is shifting to hybrid vehicles. Also, these vehicles have more semiconductor content compared to traditional automobiles. This change has raised the demand and requirement for power efficiency fulfilled by the discrete power semiconductors.
The key vendors in the global discrete semiconductors market include Fairchild, Infineon, and NXP. The market is expected to witness a significant push for investments in R&D by the leading market vendors during the forecast period. The main area of vendor focus in the market is toward energy conservation. Many vendors are engrossed in increasing power density, and it is expected to positively impact the implementation of discrete power in newer application areas.
A more detailed analysis is available in the Technavio report, Global Discrete Semiconductors Market 2015-2019.