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Based on type, the market is divided into bipolar junction transistors (BJTs), field-effect transistors (FETs), and high electron mobility transistors (HEMTs). The bipolar junction transistors (BJTs) segment is expected to register a CAGR of over 7% during the forecast period.
Based on end use, the market is divided into industrial, automotive, telecommunication, consumer electronics, others. The Industrial segment dominated the global market with a share of over 37% in 2023.
Asia Pacific dominated the global market in 2023, accounting for a share of over 43.5%. The small signal transistor market in the Asia-Pacific (APAC) region is experiencing significant growth and is poised to remain a key driver of the global market. APAC encompasses countries such as China, Japan, India, South Korea, and Taiwan, among others, which are major contributors to the electronics industry and semiconductor manufacturing. The semiconductor market in Taiwan is also growing due to support from the government. In April 2021, the National development fund announced that between 2021 and 2025, companies in Taiwan had planned USD 107 billion investment for the semiconductor industry's growth. The government is also assisting in developing new semiconductor technologies with funding support and talent recruitment programs. Moreover, China is witnessing multiple investments from companies such as TSMC, as well as local companies such as Huawei are entering into producing their chips as the US embargo has made it significantly difficult for Huawei to buy chips, so it has no other alternative but to develop the capability to manufacture for itself.
Industry size for small signal transistor crossed USD 850 million in 2023 and is projected to expand at over 5.5% CAGR from 2024 to 2032, owing to the increasing adoption of smartphones, tablets, wearable devices, IoT devices, and automotive electronics.
The bipolar junction transistors (BJTs) segment in the small signal transistor market is expected to grow at over 7% CAGR from 2024 to 2032, due to their wide use for amplification and switching applications in various electronic devices and circuits.
Asia Pacific industry accounted for over 43.5% share in 2023 and is projected to expand at significant rate between 2024 and 2032, owing to the increasing demand for consumer electronics and industrial automation.
Infineon Technologies AG, Toshiba Electronic Devices & Storage Corporation, GlobalSpec, Cadence Design Systems, Inc., STMicroelectronics, Microchip Technologies Inc., and NXP Semiconductors N.V.