Power discrete and power modules are electronic components used in power management and control applications. They are designed to handle high power levels and provide efficient power conversion and switching capabilities. The power discrete and power modules are essential components in various industries where high-power applications require efficient power conversion, control, and protection. These components play a crucial role in optimizing power efficiency, reducing losses, and improving overall system performance. The key factor driving the market growth is rising demand of electric vehicles, plug-in electric vehicles, and hybrid electric vehicles, growing emphasis on power saving, and rising demand of power electronics modules across various industry verticals that anticipated to create the lucrative demand for the market.
Moreover, the growing demand for electric vehicles (Evs) has a positive impact on the growth of the Power Discrete and Modules Market. Electric vehicles rely heavily on power electronics components such as power discrete and modules. These components play a crucial role in managing power conversion, motor control, battery charging, and energy efficiency in Evs. As the demand for electric vehicles increases, there is a corresponding increase in the demand for power discretes and modules used in these vehicles. According to Statista, globally the number of electric vehicles sold in 2020 was 3.18 million; in 2022 the number reached 10.24 million and it is anticipated to reach 12.97 million by 2025. As a result, the growing demand for Evs is anticipated to create lucrative demand for the market. Additionally, cohesive government initiatives in HVDC and smart grid and technological advancement in power MOSFET is anticipated to create lucrative opportunities for the market during the forecast period. However, the lack of availability of GaN material stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Power Discrete and Modules Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players, growing telecommunication, Automotive, and consumer electronics industry in the region. Whereas the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the growing industrialization, rising demand for medical applications including automated robots in wireless charging healthcare instruments and surgeries.
Major market player included in this report are:
- Texas Instruments
- Renesas Electronics
- Semtech Corporation
- ROHM Semiconductors
- Toshiba Corporation
- Mitsubishi Electric Corporation
- ON Semiconductor
- NXP Semiconductor
- Infineon Technologies AG
- STMicroelectronics
Recent Developments in the Market:
- In December 2022, STMicroelectronics, a semiconductor company that serves customers in a variety of electronics applications, developed high-power modules for electric vehicles that improve performance and range. The new silicon-carbide (SiC) power modules from ST have been designated for Hyundai's E-GMP electric-vehicle platform, which is shared by the KIA EV6 and numerous other cars.
Global Power Discrete and Modules Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Type, Component, Material, Industry Vertical, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Power Discrete
- Power Module
By Component:
- Thyristor
- Diode
- Rectifier
- MOSFET
- IGBT
- Others
By Material:
By Industry Vertical:
- Telecommunication
- Industrial
- Automotive
- Renewable
- Consumer Electronics
- Military & Defense
- Medical
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Power Discrete and Modules Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Power Discrete and Modules Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Power Discrete and Modules Market, by Component, 2020-2030 (USD Billion)
- 1.2.4. Power Discrete and Modules Market, by Material, 2020-2030 (USD Billion)
- 1.2.5. Power Discrete and Modules Market, by Industry Vertical, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Power Discrete and Modules Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Power Discrete and Modules Market Dynamics
- 3.1. Power Discrete and Modules Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand of electric vehicles
- 3.1.1.2. Growing emphasis on power saving
- 3.1.1.3. Rising demand of power electronics modules across various industry verticals
- 3.1.2. Market Challenges
- 3.1.2.1. Lack of availability of GaN material
- 3.1.3. Market Opportunities
- 3.1.3.1. Cohesive government initiatives in HVDC
- 3.1.3.2. Smart grid and technological advancement in power MOSFET
Chapter 4. Global Power Discrete and Modules Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Power Discrete and Modules Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Power Discrete and Modules Market by Type, Performance - Potential Analysis
- 5.3. Global Power Discrete and Modules Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Power Discrete and Modules Market, Sub Segment Analysis
- 5.4.1. Power Discrete
- 5.4.2. Power Module
Chapter 6. Global Power Discrete and Modules Market, by Component
- 6.1. Market Snapshot
- 6.2. Global Power Discrete and Modules Market by Component, Performance - Potential Analysis
- 6.3. Global Power Discrete and Modules Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
- 6.4. Power Discrete and Modules Market, Sub Segment Analysis
- 6.4.1. Thyristor
- 6.4.2. Diode
- 6.4.3. Rectifier
- 6.4.4. MOSFET
- 6.4.5. IGBT
- 6.4.6. Others
Chapter 7. Global Power Discrete and Modules Market, by Material
- 7.1. Market Snapshot
- 7.2. Global Power Discrete and Modules Market by Material, Performance - Potential Analysis
- 7.3. Global Power Discrete and Modules Market Estimates & Forecasts by Material 2020-2030 (USD Billion)
- 7.4. Power Discrete and Modules Market, Sub Segment Analysis
- 7.4.1. SiC
- 7.4.2. GaN
- 7.4.3. Others
Chapter 8. Global Power Discrete and Modules Market, by Industry Vertical
- 8.1. Market Snapshot
- 8.2. Global Power Discrete and Modules Market by Industry Vertical, Performance - Potential Analysis
- 8.3. Global Power Discrete and Modules Market Estimates & Forecasts by Industry Vertical 2020-2030 (USD Billion)
- 8.4. Power Discrete and Modules Market, Sub Segment Analysis
- 8.4.1. Telecommunication
- 8.4.2. Industrial
- 8.4.3. Automotive
- 8.4.4. Renewable
- 8.4.5. Consumer Electronics
- 8.4.6. Military & Defense
- 8.4.7. Medical
Chapter 9. Global Power Discrete and Modules Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Power Discrete and Modules Market, Regional Market Snapshot
- 9.4. North America Power Discrete and Modules Market
- 9.4.1. U.S. Power Discrete and Modules Market
- 9.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Component breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Material breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. Industry Vertical breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Power Discrete and Modules Market
- 9.5. Europe Power Discrete and Modules Market Snapshot
- 9.5.1. U.K. Power Discrete and Modules Market
- 9.5.2. Germany Power Discrete and Modules Market
- 9.5.3. France Power Discrete and Modules Market
- 9.5.4. Spain Power Discrete and Modules Market
- 9.5.5. Italy Power Discrete and Modules Market
- 9.5.6. Rest of Europe Power Discrete and Modules Market
- 9.6. Asia-Pacific Power Discrete and Modules Market Snapshot
- 9.6.1. China Power Discrete and Modules Market
- 9.6.2. India Power Discrete and Modules Market
- 9.6.3. Japan Power Discrete and Modules Market
- 9.6.4. Australia Power Discrete and Modules Market
- 9.6.5. South Korea Power Discrete and Modules Market
- 9.6.6. Rest of Asia Pacific Power Discrete and Modules Market
- 9.7. Latin America Power Discrete and Modules Market Snapshot
- 9.7.1. Brazil Power Discrete and Modules Market
- 9.7.2. Mexico Power Discrete and Modules Market
- 9.8. Middle East & Africa Power Discrete and Modules Market
- 9.8.1. Saudi Arabia Power Discrete and Modules Market
- 9.8.2. South Africa Power Discrete and Modules Market
- 9.8.3. Rest of Middle East & Africa Power Discrete and Modules Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Texas Instruments
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Renesas Electronics
- 10.3.3. Semtech Corporation
- 10.3.4. ROHM Semiconductors
- 10.3.5. Toshiba Corporation
- 10.3.6. Mitsubishi Electric Corporation
- 10.3.7. ON Semiconductor
- 10.3.8. NXP Semiconductor
- 10.3.9. Infineon Technologies AG
- 10.3.10. STMicroelectronics
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption