The discrete semiconductors market has seen considerable growth due to a variety of factors.
• The size of the discrete semiconductors market experienced a swift expansion in the past few years. The market, which was valued at $39.9 billion in 2024, is estimated to reach $44.67 billion in 2025, registering a compound annual growth rate (CAGR) of 12.0%.
This growth during the historic period is primarily due to the development of the electronics and semiconductor industry, increased demand for consumer electronics, the growing scope of automotive electronics, advancements in energy efficiency and green technologies, as well as applications in defense and aerospace.
The discrete semiconductors market is expected to maintain its strong growth trajectory in upcoming years.
• It is anticipated that the discrete semiconductors market will experience significant growth in the coming years, escalating to a market size of $71.94 billion in 2029 with a compound annual growth rate (CAGR) of 12.7%.
This growth projection for the forecast period can be credited to factors such as advancements in aerospace and space exploration, quantum computing breakthroughs, the emphasis on environmental sustainability and green semiconductors, shifts in the global supply chain, and a rising demand for electronics. Key trends observed during the forecast period are expected to incorporate industrial automation and IoT, progressive technological innovations, increased investments in research and development, the rise of edge computing and edge devices, as well as continuous growth in medical electronics and healthcare technologies.
The swift expansion of the automotive sector coupled with increasing need for MOSFETs and IGBTs in electronics and vehicles is predicted to spur the growth of the discrete semiconductors market. The insulated-gate bipolar transistor (IGBT), a crucial component of the EV (electric vehicle) power electronics system, is seeing an increased importance as awareness about environmental pollution grows and there is a push towards improving vehicle efficiency. This is increasing the popularity of hybrid and electric vehicles, thereby enhancing the demand for discrete semiconductors. In fact, in May 2023, the European Automobile Manufacturers Association, a Belgium-based organization, reported that the global production of motor vehicles in 2022 shot up to 85.4 million units, a significant increase of 5.7% compared to 2021. Hence, the swift expansion of the automotive sector and the surge in need for MOSFETs and IGBTs in electronics and vehicles are projected to stimulate the growth of the discrete semiconductors market.
The discrete semiconductors market covered in this report is segmented –
1) By Type: MOSFET, IGBT, Bipolar Transistor, Thyristor, Rectifier, Other Types
2) By Component: Memory Devices, Logic Devices, Discrete Power Devices, Other Components
3) By Industry: Consumer Electronics, Communication, Automotive, Industrial, Other Industries
Subsegments:
1) By MOSFET: N-channel MOSFETs, P-channel MOSFETs
2) By IGBT: Standard IGBTs, Fast Recovery IGBTs
3) By Bipolar Transistor: NPN Bipolar Transistors, PNP Bipolar Transistors
4) By Thyristor: Silicon Controlled Rectifiers (SCR), Triacs
5) By Rectifier: Standard Rectifiers, Schottky Rectifiers, Fast Recovery Rectifiers
6) By Other Types: Phototransistors, SIDACs (Silicon Diode for Alternating Current), Diodes
The progression of technology is a trending factor gaining traction in the discrete semiconductors market. Companies are emphasizing the innovation of technologically superior solutions such as galvanized isolated gate drivers and high voltage protection capabilities, among others, to extend their global footprint and bolster their market standings. For example, in February 2024, Infineon Technologies AG, a semiconductor manufacturing company in Germany, introduced the 750V G1 discrete CoolSiC MOSFET in response to escalating demands in the automotive and industrial power application domains for enhanced power density and efficiency. The product suite encompasses silicon carbide MOSFETs of industrial and automotive grade which are optimized for varied topologies. These MOSFETs have versatile industrial applications, spanning servers, data centres, solar power, UPS systems, EV charging, telecoms, and automotive applications.
Major companies operating in the discrete semiconductors market include:
• Texas Instruments
• ON Semiconductor
• STMicroelectronics
• Infineon Technologies
• NXP Semiconductors
• Analog Devices
• Microchip Technology
• Vishay Intertechnology
• Renesas Electronics
• Toshiba
• Fairchild Semiconductor
• Maxim Integrated
• Littelfuse
• ROHM Semiconductor
• Skyworks Solutions
• Semtech
• Diodes Incorporated
• Wolfspeed
• Cree
• Power Integrations
• AVAGO Technologies
• Broadcom
• TSMC
• Qorvo
• IXYS Corporation
• Kemet
• United Microelectronics Corporation (UMC)
• Samsung Semiconductor
Asia-Pacific was the largest region in the discrete semiconductors market in 2024, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the discrete semiconductors market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.