Power MOSFET Device Market size is estimated to be USD 7.5 Billion in 2024 and is expected to reach USD 12.8 Billion by 2033 at a CAGR of 6.8% from 2026 to 2033.
The global Power MOSFET Device Market was valued at approximately USD 6.24 billion in 2022 and is expected to grow at a CAGR of 6.5% from 2023 to 2030. The growing demand for power efficient electronic devices and advancements in automotive and industrial applications are driving the market. The Asia Pacific region is expected to dominate the market, accounting for over 45% of the total market share in 2022. The rise in electronics manufacturing in countries like China, Japan, and South Korea, coupled with significant growth in automotive and consumer electronics sectors, is boosting the demand for Power MOSFET devices in this region. The demand for electric vehicles (EVs) and renewable energy applications is also expected to contribute significantly to the markets growth in Asia Pacific.
North America and Europe are also experiencing steady growth in the Power MOSFET Device Market. North America is projected to hold a market share of around 25% by the end of 2023, supported by the growth in renewable energy projects, power generation systems, and the automotive sector. Europe’s market share is anticipated to be close to 20% in 2023, with a focus on energy efficient solutions and growing electric vehicle adoption. Latin America and the Middle East & Africa are likely to exhibit moderate growth, with an increasing emphasis on energy efficient infrastructure, though they will account for a smaller portion of the overall market compared to other regions. The adoption of power MOSFET devices in industrial and consumer electronics is expected to open new opportunities for market growth in these regions.
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Mitsubishi Electric
Infineon Technologies(IR)
Fuji Electric
SEMIKRON
ON Semiconductor(Fairchild)
Littelfuse
STMicroelectronics
ROHM
Renesas Electronics Corporation
Solitron Devices
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Power MOSFET Device Market
Consumer Electronics
Automotive
Industrial
Energy and Power
Telecommunications
Military and Defense
Low Voltage (Up to 200V)
Medium Voltage (200V to 800V)
High Voltage (Above 800V)
N-Channel
P-Channel
Discrete
Integrated
Trench Technology
Superjunction Technology
Planar Technology
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Power MOSFET Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Power MOSFET Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Power MOSFET Device Market, By Type
6. Global Power MOSFET Device Market, By Application
7. Global Power MOSFET Device Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Power MOSFET Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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