Discrete Diode Market Size to grow by USD 867 million between 2024-2028
According to a research report “ Discrete Diode Market” by Product (Power diodes, Small signal diodes, RF diodes) End-user (Communications, Computers, Automotive, Consumer electronics, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 867 million, at a CAGR of 4.75% during the forecast period. In the realm of business and technology, the Internet of Things (IoT) represents a network of interconnected devices, incorporating electronics, software, sensors, and communication capabilities. The surge in demand for IoT devices is fueled by advancements in wired and wireless communication technologies, telecommunication standards like 4G/5G, government initiatives promoting energy-efficient systems, and the emergence of Human-Machine Interface (HMI) technologies. These IoT devices integrate semiconductor ICs, which include memory, microcontrollers, wireless connectivity, sensors, and various analog and digital components. As the applications of IoT continue to expand, the need for integrated IoT chipsets will escalate, enabling seamless communication and data processing within these advanced systems.
Browse market data tables, figures, and in-depth TOC on “Discrete Diode Market” by Product (Power diodes, Small signal diodes, RF diodes) End-user (Communications, Computers, Automotive, Consumer electronics, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By Product, the Power diodes segment is projected to dominate the market size in 2024
The global market for discrete diodes, particularly laser diodes, has experienced significant growth due to the increasing demand for advanced power and small signal diodes in the communication industry. This trend is driven by substantial investments made by major players, such as Samsung Electronics, which has announced a USD230 billion investment plan in South Korea's chipmaking base through 2042. Discrete diodes, including laser diodes, are preferred for communication applications due to their ease of modulation, enabling high-speed data transmissions through the modulation of the drive current passing through the laser diodes.
By End-user, Communications segment is expected to hold the largest market size for the year 2024
In the discrete diode market, power diodes hold a significant market share due to their extensive applications in various industries. These diodes, primarily used for voltage clamping, function as rectifier diodes, voltage multipliers, and freewheeling diodes. Power diodes, known for their ability to handle high power, predominantly operate at lower frequencies. Three types of power diodes exist: Schottky diodes, fast recovery diodes, and general-purpose diodes. General-purpose power diodes cater to low-frequency applications up to 1 kHz and low-speed requirements up to 1 kHz. Fast recovery diodes, on the other hand, excel in high-speed switching applications, offering reverse recovery times as short as less than 5us. The high adoption of power diodes, particularly in power electronics, automotive, and industrial sectors, drives the growth of the power diode segment in the global discrete diode market.
APAC is forecasted to hold the largest market size by region in 2024
The Discrete Diode market represents a significant segment within the broader semiconductor industry. These diodes, which allow current to flow in one direction while blocking it in the opposite direction, are essential components in various electronic applications. Key industries driving demand include telecommunications, power electronics, and automotive. Market growth is fueled by increasing adoption in power conversion systems, solar power applications, and LED lighting. Companies such as Infineon Technologies AG, STMicroelectronics, and Texas Instruments dominate this market due to their innovative product offerings and technological expertise.
The Discrete Diode Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Discrete Diodes Market is experiencing significant growth due to the increasing demand for electronic components in various industries, particularly in the sectors of national economies undergoing industrialization and electrification. Discrete diodes, as passive components, play a crucial role in electronic assembly, enabling functions such as rectification, switching, limiting, and signal direction in various applications. The market for Discrete Diodes is driven by the rising demand for portable products, electric vehicles, and vehicle electrification. In the automotive sector, traction inverters and electric vehicles require large numbers of power diodes and Schottky diodes for efficient power conversion and control. In consumer electronics, discrete semiconductors, including diodes, are essential for integrated circuits, rectifiers, and switches. Data Bridge Market Research reports that the Discrete Diodes Market is expected to grow at a CAGR of 6.1% during the forecast period. The growth is attributed to the increasing use of PN junctions and semiconductor diodes in transmission systems, directional current control, and resistance applications. Electronic manufacturers continue to innovate and develop new applications for discrete diodes, further expanding the market's potential.
Market Research Overview
The Discrete Diode market is witnessing emerging trends in various industries, including consumer electronics, automotive, and communication sectors. This market is segmented into thyristors, varistors, Schottky diodes, power diodes, and other types of discrete semiconductors. According to a recent report by Lucintel, the market is expected to grow at a CAGR of 5.2% from 2021 to 2026. Electronic manufacturers are focusing on advanced driver designs to enhance the performance of discrete diodes in electronic products. In the automotive sector, discrete diodes are used in traction inverters for electric vehicles and vehicle electrification. In the consumer electronic industry, discrete diodes are used in portable products, such as laptops, smartphones, and digital cameras, as rectifiers, switches, and limiters. The power diode segment is expected to dominate the market due to its wide application in power electronics, particularly in the computer sector. The Discrete Diode market is influenced by microeconomic factors, such as SVOR analysis and PORTER analysis. National economies, language, and electronic assembly are also crucial factors impacting the market. Semiconductor diodes, including PN junctions, are the fundamental electronic elements used in discrete diodes. The market is expected to face challenges from the increasing use of integrated circuits and the rising competition from other passive components, such as capacitors and resistors. However, the growing demand for advanced electronic products and the increasing adoption of discrete diodes in emerging applications are expected to drive the market growth.
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