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Power Transistors Market Trends

  • Report ID: GMI11390
  • Published Date: Sep 2024
  • Report Format: PDF

Power Transistors Market Trends

The power transistors market is witnessing a significant shift toward wide bandgap semiconductors, particularly SiC and GaN transistors. These materials are becoming increasingly popular due to their ability to handle higher voltages, faster switching speeds, and superior thermal performance as compared to the traditional silicon-based transistors. This trend is particularly strong in applications such as Electric Vehicles (EVs), renewable energy systems, and industrial automation, where efficiency and compactness are critical. As the cost of SiC and GaN technologies gradually decreases, their adoption is expected to grow further, driving innovations and performance improvements across various sectors.
 

Another emerging trend is the miniaturization of power transistors, driven by the demand for smaller & more energy-efficient electronic devices. This has led to the development of advanced packaging technologies, such as the Dual Flat No-lead (DFN) and Quad Flat No-lead (QFN) packages, which offer significant space savings on circuit boards. These modern packages not only reduce the footprint of power transistors but also enhance their thermal performance and reliability. This trend is aligned with the broader push toward compact, high-performance electronics in consumer devices, automotive electronics, and industrial applications.
 

For instance, in August 2024, Infineon's CoolGaN 650V transistors were selected by Vitesco Technologies for its Gen5+ GaN Air DC–DC converters, enhancing power density and efficiency. These GaN transistors, featuring high switching speeds and air-cooled packaging, allow for compact and cost-effective designs, achieving over 96% efficiency and significant board space savings.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for power transistors was recorded at USD 14.17 billion in 2023 and will expand at an 8% CAGR between 2024 and 2032, propelled by the growing demand for energy-efficient devices in industries such as automotive, consumer electronics, and telecommunications.

The Insulated-gate Bipolar Transistor (IGBT) segment will exhibit 10% CAGR through 2032, owing to its widespread adoption in high-power applications, such as electric vehicles (EVs), renewable energy systems, and industrial motor drives.

North America power transistors industry held 30% share in 2023, driven by the region’s robust automotive and industrial sectors, which are driving demand for energy-efficient solutions.

Diodes Incorporated, Infineon Technologies, NXP Semiconductors, Renesas Electronics Corporation, STMicroelectronics N.V., Toshiba Corporation, and Vishay Intertechnology, Inc., among others.

Power Transistors Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 350
  • Countries covered: 22
  • Pages: 220
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