How Has The Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market Size Evolved Historically?
The power mosfet (metal-oxide-semiconductor field-effect transistor) market has seen considerable growth due to a variety of factors.
•Recent years have seen a solid expansion in the size of the metal-oxide-semiconductor field-effect transistor (MOSFET) market. The market will see growth from $8.08 billion in 2024 to $8.65 billion in 2025, at a compound annual growth rate (CAGR) of 7.0%.
This historic period of growth can be traced back to the widespread use of electronics in consumer goods, the growth in power electronics applications, the burgeoning demand for devices that are energy-efficient, the broadening of the automotive industry, and the advancement of telecommunications infrastructure.
What Will Be The Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market Size In The Future?
The power mosfet (metal-oxide-semiconductor field-effect transistor) market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of power MOSFET (metal-oxide-semiconductor field-effect transistor) is projected to experience substantial growth over the coming years, reaching a value of $11.47 billion in 2029, marking a compound annual growth rate (CAGR) of 7.3%.
This anticipated growth during the forecasted period can be linked to several factors such as an uptick in the adoption of electric vehicles and green energy, developments in 5g networks and IoT devices, an increase in power management necessities in data centers, a surge in industrial automation, and the enhancement of power MOSFET design. The key trends likely to shape the period include a shift towards smaller power MOSFETs, the adaptation of cutting-edge packaging technologies, the creation of wide-bandgap power MOSFETs, the growing utilization of gallium nitride (GaN) and silicon carbide (SiC), and the employment of innovative gate driver technologies.
What Are The Primary Growth Drivers In The Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market?
Expected advancements in the power MOSFET market are being driven by the increasing adoption of electric vehicles. These vehicles, powered by electrical energy stored in batteries or other energy storage devices, rely on one or more electric motors. Within the inverter system of an electric vehicle, Power MOSFETs serve a crucial role in powering the motor by converting the battery's DC power into AC power. To highlight, the International Energy Agency, an autonomous intergovernmental organization based in France, reports that new electric car registrations rose to 1.4 million in 2023, marking an increase of over 40% when compared to 2022. This surge in electric vehicle adoption is a driving force behind the growth of the power MOSFET market.
What Is The Segmentation Of The Global Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market?
The power MOSFET (metal-oxide-semiconductor field-effect transistor) market covered in this report is segmented –
1) By Type: Depletion Mode Power MOSFET, Enhancement Mode Power MOSFET
2) By Power Rate: High Power, Medium Power, Low Power
3) By Application: Energy And Power, Consumer Electronics, Automotive, Inverter And UPS, Industrial, Other Applications
Subsegments:
1) By Depletion Mode Power MOSFET: N-Channel Depletion Mode MOSFET, P-Channel Depletion Mode MOSFET
2) By Enhancement Mode Power MOSFET: N-Channel Enhancement Mode MOSFET, P-Channel Enhancement Mode MOSFET
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What Emerging Trends Are Shaping The Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market Landscape?
Key players in the power MOSFET market are concentrating on technological improvements tailored for high-power applications like gallium nitride (GaN) technology, in order to boost power efficiency, switching speed, and thermal efficiency. By allowing faster switching speeds, lowering energy losses, and bettering thermal control, GaN technology in power MOSFETs enhances efficacy and performance. Illustrating this, Transphorm, Inc., a US-based semiconductor firm specializing in creating transistors derived from gallium nitride, introduced two novel 650V SuperGaN FETs, the TP65H035G4YS and TP65H050G4YS, in a 4-lead TO-247 package during January 2024. These were made specifically for high-power server, renewable, and industrial power conversion applications. These GaN devices offer improved resistance and flexible switching abilities, facilitating lesser energy losses and improving performance in power supplies of 1 kW and more.
Who Are the Key Players in the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market?
Major companies operating in the power MOSFET (metal-oxide-semiconductor field-effect transistor) market include:
• Panasonic Corporation
• Mitsubishi Electric Corporation
• Sumitomo Electric Industries Ltd.
• Toshiba Corporation
• Texas Instruments Incorporated
• STMicroelectronics NV
• TDK Corporation
• Infineon Technologies AG
• NXP Semiconductors Inc.
• Analog Devices Inc.
• Semikron Danfoss
• Renesas Electronics Corporation
• ON Semiconductor Corporation
• Fuji Electric Co. Ltd
• Microchip Technology Inc.
• Digi-Key Corp.
• Vishay Intertechnology Inc.
• ROHM Semiconductor
• Littelfuse Inc.
• Nexperia
• Diodes Incorporated
• Silicon Laboratories Inc.
• Alpha and Omega Semiconductor Ltd.
• Power Integration Inc.
• IXYS Corporation
• Central Semiconductor Corp.
• Rongtech Industry (Shanghai) Inc.
• Fairchild Semiconductor International Inc.
What are the Regional Insights into the Power MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) Market?
Asia-Pacific was the largest region in the power MOSFET market in 2024. North America is expected to be the fastest-growing region in the power MOSFET market report forecast period. The regions covered in the power MOSFET (metal-oxide-semiconductor field-effect transistor) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
