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Global Power MOSFET Market is expected to reach $6,340 million in 2023. The rises in demand for higher efficiency, faster switching, and minimal power loss drives the market.
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Power MOSFET Market Is Expected To Witness Moderate Growth, 2017-2023 Global Opportunity Analysis and Industry Forecast, 2017-2023
Power MOSFET Market Overview: Global Power MOSFET Market was valued at $3,730 million in 2016, and is expected to reach $6,340 million in 2023, growing at a CAGR of 7.4% from 2017 to 2023. MOSFET is a type of power semiconductor used as an electronic switch device. It is a cost- effective solution to replace bipolar junction transistor (BJT), which is compatible with higher voltage and current as compared to BJT. It enables power management to enhance energy conservation in various applications such as industrial systems, consumer electronic, and electric vehicle. At present, it is used in renewable resources and electric vehicles to improve switching speed and prevent power loss. Get Sample Report: Requirement for compact automation solutions, enhanced efficiency, and durability have increased the rate of adoption of power MOSFET in consumer electronics, energy & power, and other applications. Hence, the global power MOSFET market is expected to witness moderate growth in the near future, owing to compact size and enhanced durability. However, high implementation cost and current leakage hampers the market growth. Integration of power MOSFET with human machine interface (HMI) is expected to provide lucrative opportunities to the market growth.
Key Benefits The Study Provides An In-depth Analysis Of The Global Power MOSFET Market To Elucidate The Prominent Investment Pockets. Current Trends And Future Estimations Are Outlined To Determine The Overall Attractiveness And Single Out Profitable Trends To Gain A Stronger Foothold In The Market. The Report Provides Information Related To Key Drivers, Restraints, And Opportunities And Their Impact Analysis. The Market Is Analyzed Based On Various Regions, Namely, North America, Europe, Asia-pacific, And Lamea.
Key Players Infineon Technologies AG Fairchild Semiconductor Renesas Electronics Corporation Digi-Key Electronics Toshiba Corporation IXYS Corporation Power Integration STMicroelectronics NXP Semiconductors Texas Instruments
Power MOSFET Market Key Segments : By Type By Power Rate By Application Low Power Energy & Power Processor Medium Power Consumer Electronics Power Supply High Power Automotive Input/Output (I/O) Inverter & UPS Others
By Geography North America Asia-Pacific U.S. China Mexico Japan Canada India Australia Europe Rest of Asia-Pacific UK LAMEA Germany France Latin America Rest of the Europe Middle East Africa
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