Power Discrete and Module Market Size In Terms Of Volume And Value Till 2028
The Global Power Discrete and Module Market has observed unceasing growth in the past few years and has prospects to grow even further till 2028. The study provides a comprehensive view and insights, highlighting the key outcomes of the industry. These insights help interested individuals or individuals to frame better business strategies and make informed decisions for superior profitability. Moreover, the forecast aids venture or private players, in assessing the companies and taking the best available route to optimize their options.
North America power discrete and modules market is expected to register significantly robust revenue CAGR over the forecast period. Presence of mature electronics and automotive industries in the region as well as higher demand for EVs are some key factors driving growth of the North America power discrete and modules market. Asia Pacific accounted for largest revenue share in the global power discrete and modules market in 2020. Robust revenue share can be attributed to availability of highly lucrative opportunities in consumer electronics, ICT, automotive, and manufacturing and industrial applications in countries in Asia Pacific.
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Market Abstract:
Fast-moving consumer goods (FMCG) industry has witnessed a massive surge in demand over the recent past owing to rising disposable income level, launch of advanced and innovative products, growing demand for household and personal care products, healthcare products, and food & beverages. Growing consumer inclination towards packaged foods due to increasing lifestyle changes and rapid integration of convenience stores and doorstep delivery has contributed significantly to the revenue growth of the market. FMCGs or consumer goods are frequently purchased, have lower prices, short shelf life, and are consumed rapidly. Consumer preference has shifted to local purchases which has increased promotional efforts by the government and key companies to generate brand awareness in hard-to-reach areas.
The report further discusses in detail the strategic initiatives undertaken by key companies such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches, and brand promotions to gain a robust footing in the market. Key companies operating in the market are profiled on the basis of company overview, financial standing, global and regional market position, production and manufacturing capacity, gross profit margins, and business expansion plans.
Key Companies Profiled in the Report:
Some of the major players in the global power discrete and module market include Infineon Technologies AG, Toshiba Corporation, Mitsubishi Electric Corporation, NXP Semiconductors, ON Semiconductor, STMicroelectronics, Renesas Electronics Corporation, Texas Instruments, ROHM Semiconductors, and Semtech Corporation.
The report studies the consumption patterns of the regions mentioned along with the estimation of the increase in the consumption rate throughout the forecast period. It further discusses export/import, consumer demand, key trends, regulatory framework, macro- and micro-economic factors and presence of key players in each region. Regional analysis section also covers country-wise analysis to offer better understanding of the market.
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Regional Analysis Covers:
- North America (United States, Canada, Mexico)
- Asia Pacific (China, Japan, South Korea, India, Australia, New Zealand, Rest of APAC)
- Latin America (Brazil, Chile, Peru, Argentina, Rest of Latin America)
- Europe (U.K., France, Italy, Spain, Rest of Europe)
- Middle East & Africa (U.A.E., Saudi Arabia, South Africa, Rest of MEA)
Power Discrete and Module Market Segmentation:
Component Outlook (Revenue, USD Million; 2018 - 2028)
- Rectifier
- IGBT
- MOSFET
- Other
Material Outlook (Revenue, USD Million; 2018 - 2028)
- Silicon (Si)
- Silicon Carbide (SiC)
- Gallium Nitride (GaN)
Application Outlook (Revenue, USD Million; 2018 - 2028)
- Telecommunication
- Automotive
- Industrial
- Others
Key Points Covered in the Report:
- Comprehensive analysis of latest and emerging trends influencing the growth of the market
- SWOT analysis of each major market player along with in-depth analysis of major market players with detailed portfolio of their products, production capacity, revenue estimation, and gross margin
- Market concentration, production and consumption ratio, demand & supply analysis, and import/export
- Strategic recommendations to the new entrants as well as established companies to make beneficial business decisions
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