Power MOSFET Market to Reach $9.90 Bn, Globally, by 2027 at 6.6% CAGR: Allied Market Research

Power MOSFET Market to Reach $9.90 Bn, Globally, by 2027 at 6.6% CAGR: Allied Market Research

PR Newswire

PORTLAND, Ore., Jan. 13, 2021

Rise in dependence on electrical equipment & machinery and rise in emphasis on power saving drive the growth of the global power MOSFET market.

PORTLAND, Ore., Jan. 13, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, "Power MOSFET Market 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): Global Opportunity Analysis and Industry Forecast, 2020 – 2027." According to the report, the global power MOSFET industry generated $5.43 billion in 2019, and is expected to generate $9.90 billion by 2027, witnessing a CAGR of 6.6% from 2020 to 2027.

Allied Market Research Logo

Drivers, restraints, and opportunities

Rise in dependence on electrical equipment & machinery and rise in emphasis on power saving drive the growth of the global power MOSFET market. However, limitations in operations and high cost restrain the market growth. On the other hand, technological advancements and increase in deployment in electric devices present new opportunities in the coming years.

Get Instant Access – Download Free Sample Report: https://www.alliedmarketresearch.com/request-sample/2379

Covid-19 Scenario

The enhancement mode power MOSFET segment to maintain its lead by 2027

Based on type, the enhancement mode power MOSFET segment held the largest market share, contributing to nearly three-fifths of the global power MOSFET market in 2019, and will maintain its lead position throughout the forecast period. This is due to its usage in high voltage applications such as rolling mills, welders, and water pumps along with adoption in trolleys in European countries for lowering down the leakage of current and enhancing efficiency. However, the depletion mode power MOSFET segment is estimated to grow at the fastest CAGR of 7.5% from 2020 to 2027, owing to its application in consumer electronics devices such as UPS, air conditioners, inverters, and welding machine for its compact size and exceptional ability to control high voltage.  

Enquire For More Details: https://www.alliedmarketresearch.com/purchase-enquiry/2379

The automotive segment to witness its dominance in terms of revenue during the forecast period

Based on application, the automotive segment contributed to the highest share in 2019, accounting for nearly one-fourth of the global power MOSFET market, and is expected to witness its dominance in terms of revenue during the forecast period. This is attributed to its applications in relays, LED drives, and motors to drive constant voltage and raise the durability of these parts. However, the industrial segment is projected to manifest the highest CAGR of 9.1% from 2020 to 2027, owing to its application in handling high voltage and high current in industrial systems.

Asia-Pacific, followed by North America, to dominate the market

Based on region, Asia-Pacific, followed by North America, accounted for the highest share in 2019, holding nearly half of the global power MOSFET market, and will maintain its leadership status by 2027. In addition, this region is estimated to portray the largest CAGR of 8.6% during the forecast period. This is attributed to availability of huge power stations for generating high voltage power, rise in demand for power modules, and presence of various supportive non-profit organizations. The report also analyzes regions including North America, Europe, and LAMEA.

Need Customized Report? Click Here: https://www.alliedmarketresearch.com/request-for-customization/2379

Leading market players

Access AVENUE - A Subscription-Based Library (Premium On-Demand, Subscription-Based Pricing Model) @ https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request For 14 Days Free Trial of Before Buying:

https://www.alliedmarketresearch.com/avenue/trial/starter

Similar Reports:

Speech Recognition Market by Deployment Mode (On Cloud and On Premise) and End Use (Consumer Electronics, Healthcare, Enterprise, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

Magnetic Sensor Market by Type (Hall Effect Sensor, Magnetoresistive Sensor, Squid Sensor, and Fluxgate Sensor), Application (Speed Sensing, Detection, Position Sensing, Navigation, and Others), and End User (Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

Automotive Electronics Market by Vehicle Type (Passenger Car, LCV and HCV), Component (Sensors, Actuators, Processors, Microcontrollers, and Other), Application (ADAS, Infotainment, Body Electronics, Safety System, Power Train and Others), and Distribution Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2019–2026

Photomask Market by Product (Reticle, Master Mask, and Others), Mask Shop Type (Captive Mask and Merchant Mask) and Application (Optical Devices, Discrete Components, Displays, MEMS, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

Interactive Display Market by Panel Type (Flat Panel, Flexible Panel, and Transparent Panel), Technology (OLED, LED, LCD, and QD), Screen Size(Less than 35", 35" to 60", and More than 60"), Application (Interactive Table, Interactive Monitor, Interactive Kiosk, Interactive Whiteboard, and Video Wall), and End User (Healthcare, Retail, BFSI, Military & Defense, Transportation, Education, and Other): Global Opportunity Analysis and Industry Forecast, 2019-2026

Multilayer Ceramic Capacitor Market by Class (Class 1 (NP0 (C0G), P100, and Others (N33 and N75)) and Class 2 (X7R, X5R, Y5V, and Others (Z5U and X7S)), Application (Consumer Electronics, Automotive, Manufacturing, Healthcare, and Others (Defense and Aviation)) - Global Opportunity Analysis and Industry Forecast, 2020-2027

Beacon Market by Type (Beacon, Eddystone, AltBeacon, and Others), Technology (BLE, Wi-Fi, Ultrasound, and Combined Technology), and Application (Retail, Travel Tourism & Hospitality, Healthcare, BFSI, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027

Mining Automation Market by Technique (Underground Mining Automation and Surface Mining Automation) and Type (Equipment, Software, and Communication System) - Global Opportunities Analysis and Industry Forecast, 2020-2027

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com 
Web: https://www.alliedmarketresearch.com   
Follow Us on LinkedIn and Twitter

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

Voltar noticias em Inglês