Share
Power MOSFET Market Size, Share, and Analysis, By Type (Depletion Mode Power MOSFET and Enhancement Mode Power MOSFET), Power Rate (High Power, Medium Power, and Low Power), and Application (Energy & Power, Consumer Electronics, Automotive, Inverter & UPS, Industrial, and Others), and Regional Forecasts, 2022-2032
The Global Power MOSFET market size was USD 12.23 billion in 2021 and projected to grow from USD 13.8 billion in 2023 to USD 23.8 billion by 2032, exhibiting a CAGR of 6.3% during the forecast period.
MOSFET is a phrase for Metal Oxide Semiconductor Field Effect Transistor. It is a semiconductor of power utilized as an electronic switch device for controlling the load when required. To replace the bipolar junction transistor (BJT), this is a cost-effective method. It also helps in managing the power by reducing energy consumption in applications like consumer electronics, industrial systems, and electric vehicles. It also aids in preventing power loss, & for amplifying electronic signals in devices. Electric automobiles use power MOSFETs frequently to recover rapid substituting, avert electrical failure & enhance electrical signals.
The global power MOSFET Market is expected to reach USD 23.8 billion at a CAGR of 6.3% during forecast period. Power MOSFET market is expected to grow rapidly as it has several applications in electric devices. The investments in research & development has increased. Power MOSFET is cost-effective electronic switch device, which replaced bipolar junction transistor. Automotive and industrial sectors are leading due to high demand. The demand for technology has increased due to the smart appliances like speakers, smart homes, and other devices, which will increase the production lines globally, and is expected drive the power MOSFET market growth.
Global Power MOSFET Market is classified based on the Type into Depletion Mode Power MOSFET and Enhancement Mode Power MOSFET. Enhancement Mode Power MOSFET held the largest market share in 2021 and is also expected to grow during the forecast period. A high-rated current with power module is created by integrating semiconductor materials called as enhancement mode power MOSFET. Several chips together with an independent substrate and a copper base plate create enhancing mode power MOSFET. Enhancement power supply MOSFET has importance due to its unmatched durability and efficiency.
Global Power MOSFET Market is classified based on the Power Rate into High Power, Medium Power, and Low Power. Low power held the largest market share in 2021 and is also expected to grow during the forecast period. For steady voltage and to increase the applications endurance, low-power MOSFETs are utilized. They are essential for power transfer from the battery functional storage to the actuators in electric cars.
Increased Electrical Equipment Dependency is Expected to Boost the Growth of the Market
Several versatile, efficient & compact machines are being produced. The demand for electronic equipment has rised. Most machinery uses power MOSFET power management. Global wind & solar installations are around 78,124 gw, and the MOSFET module is used for switching voltage operations. The rising reliance on electrical machinery and equipment, benefits power MOSFET.
Importance to Power Saving is Expected to Boost the Growth of the Market
It is tough to obtain electricity due to increased consumption and energy conservation is to be prioritized. MOSFET acts as switching component for inverter, power supply, and electric vehicle management. The importance to energy efficiency and renewable sources. The renewable energy with maximum number of installations will constitute more share of the power module.
Limitations in Operations and High Costs May Restrain the Market Growth
The gate oxide has a less breakdown threshold due to thinness. A high gate to source voltage shortens the MOSFET's life and offers little benefit regarding RDS (on) reduction. The MOSFET needs certain amount of drain to source current & voltage; if requirements are not met, it may result in a breakdown. Power MOSFETs have tendency to leak current, which may restrain the market growth.
(Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Power MOSFET Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Asia-Pacific region had the largest market share during 2021 and is also expected to grow during the forecast period owing to the number of sensing devices accounted by Asia-Pacific due to the presence of developing countries having greater technical developments & increasing automobile standards. The accessibility of upgraded technologies & expansion of manufacturing industries, is the attractive market for power MOSFET. Due to presence of many non-profit organizations which aid packaging technology the growth is attributed.
COVID 19 outbreak led to worldwide emergency and global shut down which has led to the decrease in the growth of several industries. Global Power MOSFET market had a negative impact due to the lockdown which impacted the production process. The growth in research activities led to increased demand for the market. Due to the total lockdown and shutdown of industries, covid19 had a negative impact on Global Power MOSFET market.
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Report Attribute |
Details |
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Market size value in 2021 |
USD 12.23 billion |
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Revenue forecast in 2032 |
USD 23.8 billion |
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Growth Rate |
CAGR of 6.3% from 2022 to 2032 |
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Base year for estimation |
2021 |
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Quantitative units |
Revenue in USD billion and CAGR from 2022 to 2032 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments covered |
Type, Power rate, Application, and Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
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Key companies profiled |
Digi-Key Electronics, Infineon Technologies AG, IXYS Corporation Power Integration, Hitachi Power Semiconductor Device Ltd., Microchip Technology Inc., ST Microelectronics, Mitsubishi Electric Corporation, Vishay Siliconix, Panasonic Corporation, Sumitomo Electric Industries Ltd, Texas Instruments, Power Integration Inc., Renesas Electronics Corporation, NXP Semiconductors, Toshiba Electronic Devices and Other Prominent Players |
Global Power MOSFET market size was estimated at USD 12.23 billion in 2021 and is expected to reach USD 23.8 billion in 2032
MOSFET is a phrase for Metal Oxide Semiconductor Field Effect Transistor. It is a semiconductor of power utilized as an electronic switch device for controlling the load when required. To replace the bipolar junction transistor (BJT), this is a cost-effective method.
Enhancement Mode and Low power segment accounted for the largest Global Power MOSFET market share.
Key players: Digi-Key Electronics, Infineon Technologies AG, IXYS Corporation Power Integration, Hitachi Power Semiconductor Device Ltd., Microchip Technology Inc., ST Microelectronics, Mitsubishi Electric Corporation, Vishay Siliconix, Panasonic Corporation, Sumitomo Electric Industries Ltd, Texas Instruments, Power Integration Inc., Renesas Electronics Corporation, NXP Semiconductors, Toshiba Electronic Devices and Other Prominent Players are the key players in the Global Power MOSFET market.
Increased Electrical Equipment Dependency and Importance to power saving are the factors driving the Global Power MOSFET market.
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