Global Power MOSFET Market Trends, Estimation and Forecasts to 2024
The Global Power MOSFET Market was valued at $3.7 billion in 2016, and is projected to reach $7 billion by 2024, having a CAGR of 7.6% during the forecast period of 2017 to 2024.
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MOSFET stands for metal oxides semiconductor field effect transistor. It is a semiconductor device specifically designed to handle high power levels.
As compared to other power semiconductor devices, MOSET is empowered with high switching speed and appreciable efficiency at low voltages.
The power MOSFETs is widely used in the n-channel enhancement mode, p-channel enhancement mode, and in the nature of n-channel depletion mode. The power MOSFETS are highly used in various industries such as energy and power, consumer electronics, automotive and various others.
Increasing demand for compact automation solutions, improved efficiency, and enhanced robustness have hiked the rate of adoption of power MOSFET in numerous fields such as consumer electronics, energy & power, and other applications. As a result, the global power MOSFET market is subjected to exhibit an impressive growth in the upcoming future.
This is because of the compact size and enhanced durability of the MOSFET devices. On the other hand, high cost of implementation and current leakage are the major factors which can hamper the growth of power MOSFET market.
However, the Integration of power MOSFET technology with human machine interface (HMI) will act as future growth opportunity for the market.
The global power MOSFET market is segmented on the basis of type, power rate, application and geography. By type, the market is segmented as depletion mode power MOSFET and enhancement mode power MOSFET.
On the basis of power rate, the market is segmented into high power, medium power and low power. By application, the market is segmented into energy & power, consumer electronics, automotive, inverter & UPS, industrial System and others.
Geographically, the market is segmented into North America, Europe, Asia-Pacific and Rest of World. Enhancement mode power MOSFET market generated the highest revenue in 2016, holding more than 50% of the global market.
The enhancement mode MOSFET transistors are mostly used as switches in electronic circuits because of their low ON resistance and high OFF resistance and also because of their high gate resistance. These transistors are used to make logic gates and in power switching circuits, such as CMOS gates, which have both NMOS and PMOS Transistors.
Some major market players of the power MOSFET market are IXYS Corporation, Mitsubishi Electric Corp., Infenion Technologies AG, Renesas Electronics Corporation, Toshiba Corporation, Texas Instruments, Inc., NXP Semiconductors N.V., Digi-Key Electronics, STMicroelectronics, N.V. and Power Integrations Inc.
GLOBAL POWER MOSFET MARKET SEGMENTATION
- Depletion Mode Power MOSFET
- Enhancement Mode Power MOSFET
By Power rate
- High Power
- Medium Power
- Low Power
- Energy & Power
- Consumer Electronics
- Inverter & UPS
- Industrial System
- Rest of Europe
- Rest of APAC
Rest of World
- Latin America
- Middle East
KEY MARKET PLAYERS
- IXYS Corporation,
- Mitsubishi Electric Corp.
- Infenion Technologies AG
- Renesas Electronics Corporation
- Toshiba Corporation
- Texas Instruments, Inc.
- NXP Semiconductors N.V.
- Digi-Key Electronics
- STMicroelectronics, N.V.
- Power Integrations Inc.
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