Diode Market: Global Industry Analysis and Forecast (2022-2029) Trends, Statistics, Dynamics, Segmentation by Type, Application, and Region.
Diode Market size was valued at USD 7.1 Bn. in 2022 and the total Diode industry revenue is expected to grow by 3.77% from 2023 to 2029, reaching nearly USD 9.2 Bn.
Format : PDF | Report ID : SMR_1359
Diode Market Overview
A diode is a two-terminal electronic component that conducts electricity primarily in one direction. Diodes are used to protect circuits by limiting the voltage and transforming AC into DC. Semiconductors such as Silicon germanium are used to make most diodes. The low cost, wide availability, and tempting incentives that are increasing demand for consumer devices, such as mobile phones, laptops, tablets, and other electronic devices significantly accelerate the Diode Market growth. Miniaturization is the rising trend in the manufacture of electronic products and devices so the Consumer electronics are becoming smaller. All electronic manufacturers try to produce the product as small as possible. So, there is an increasing need for diodes. The technological advancement in the electronics, and automotive industry helps to create lucrative growth opportunities for the Diode Market growth.
Diode Market Dynamics:
Increasing demand for electronics drives the market growth
The Rising adoption of Smartphones, tablets, and laptops significantly boosts the growth of the Diode Market. Diodes are playing an important role in these devices for power management, signal processing, and voltage regulation. The demand for smartphones and tablets continuously growing so the demand for diodes also increases. For instance, According to an SMR study India has over 1.2 billion mobile phone users and 600 million smartphone users in Nov 2022 and it is significantly growing. Increased adoption of LED lighting is expected to accelerate market expansion. Consumer electronics including smartphones, televisions, and laptops frequently employ LED lighting. The application of LED rapidly rising for residential, commercial, and industrial purposes. The diodes provide efficient energy conversion and control to LEDs. Increasing demand for energy-efficient lighting solutions drives the growth of the Diode Market. The Diodes are also utilized for voltage regulation and rectification in automotive electronics. So, Increased demand for modern advanced automotive vehicles and this factor significantly people the growth of the global Diode Market.
Increasing Internet of Things applications boosts the market growth
The rise of IoT devices such as smart home systems and smart wearables is highly dependent on sensors. Therefore those devices require a significant number of diodes for sensing and power management. The IoT relies on the interconnectivity of devices, which helps to communicate and share data. Diodes play a crucial role in maintaining this connectivity. Diodes are used for data transmission. Moreover, Diodes are used in sensor circuits for signal conditioning, protection, and amplification. The growing adoption of IoT sensor networks in industries including healthcare, and manufacturing significantly drives the growth of the Diode Market. The increasing application of IoT devices in areas such as smart homes, wearables, and industrial automation, the demand for diodes for power management applications is growing. The rising adoption of IoT applications across various industries growing the demand for diodes.
Price fluctuation restrains the market growth
The cost of diodes plays a crucial role in their market adoption. While diodes have become more affordable, their prices compared to alternative solutions remain important. If diodes are relatively expensive or cost reduction efforts are unsuccessful, it can hinder their widespread use. Additionally, Diodes face competition from other technologies that serve similar purposes. For example, MOSFETs or IGBTs semiconductor switches can replace diodes in certain applications. Gallium nitride (GaN) also offers alternatives in specific high-power or high-frequency applications so the availability of alternative products directly affects the prices of diodes. Price fluctuations and market uncertainties affect diode demand. Recessions, trade policies, currency fluctuations, and geopolitical tensions can influence companies' spending on electronic components, potentially impacting the overall growth of the diode market this all factors are responsible for price sensitivity. Therefore, the Price sensitivity of diodes is expected to hamper the market growth
Emerging applications of Diodes create lucrative growth opportunities for the market.
Augmented Reality, Virtual Reality, and robotics witnessed high growth nowadays. The AR and VR technologies are used in various industries and agriculture also. Diodes are a very important part of AR, VR, AI, and robot technology. The display technology of AR and VR devices uses diodes, especially LEDs. LEDs are ideal for creating captivating visual experiences in augmented reality (AR) and virtual reality (VR). These tiny electronic components offer excellent brightness, vibrant color, and remarkable energy efficiency for these devices. In the sensing and tracking systems in AR VR devices, diodes are prominent. It functions like photodiodes through the user’s movement and gestures the device can track, analyze detect and interpret incoming light signals in the virtual environment Also, Diodes are employed in the wireless communication modules of AR and VR devices. Therefore increasing adoption of Diodes in augmented reality and virtual reality significantly creates tremendous growth opportunities for the global Diode Market.
Competitive landscape:
The global Diode Market is highly competitive. Multiple key players drive the market growth such as Diodes Incorporated. Infineon Technologies AG, ROHM CO., LTD., Vishay Intertechnology, Inc., Panasonic Corporation, NXP Semiconductors N.V., STMicroelectronics, Toshiba Corporation, Renesas Electronics Corporation., Nexperia, Littelfuse, Inc., Central Semiconductor LLC. Littelfuse, Inc.
Diode Incorporated: The Company launched the new series of high-current Schottky rectifiers in ultra-compact chip-scale packages. The company focuses on the demand for smaller and more powerful electronic systems. The company offers products such as SDM5U45EP3 AND SDM4A40EP3.
Infineon Technologies AG: The company widely investing in expansion to increase the power of semiconductor manufacturing investing over EUR 2 billion in Malaysia in Feb 2022.
The companies involved in Diode Market are majorly focusing on expansion. Also, The Company focuses on strategic partnerships, boosting the product portfolio investment in research and development.
Segment Analysis of the Diode Market
Based on Type, Schottky diodes dominate the type segment of the global Diode Market in the year 2022. The Schottky diode is a type of metal-semiconductor junction diode. Schottky diodes offer fast switching actions and forward low-voltage drops. Schottky diodes are used in power supplies, radio frequency, signal detection, and logic circuits. The drop will be seen where there is a low current and at that stage, the voltage ranges between 0.15 and 0.4 volts. These are built differently in order to obtain performance. Schottky diodes are highly used in rectifier applications. The rapidly rising industrialization boosts the demand for Schottky diodes. The Schottky diodes are used in solar cells to prevent batteries from discharging absence of sunlight the Schottky diodes help to prevent the discharge of the solar cells. Also, Schottky diodes are primarily used in power circuits. Schottky diodes make them well-adapted for use in power circuit applications because of their low forward voltage drop. The presence of these diodes also prevents reverse current flow from one supply entering the other. The rise in demand for Schottky diodes from the automotive, and communications industry significantly propels the market growth.
Regional Insights of the Diode Market
Asia Pacific region dominates the global Diode Market in the year 2022. The presence of major key players of semiconductor manufacturers in the region observed significant market growth. The Asia Pacific region plays an important role in semiconductor manufacturing and has experienced significant growth in the diode market. China, Japan, South Korea, and Taiwan are major semiconductor manufacturing countries that have a strong market presence in the Asia Pacific region. Also, the top two populous countries such as India and China significantly boost the demand for electronic device automotive. The demand for diodes has up swinging across various applications such as smartphones, televisions, automotive electronics, and industrial equipment. The region's focus on renewable energy sources, automotive electronics, and industrial automation has further fueled the expansion of the diode market. Notably, the automotive sector has emerged as a major consumer of diodes. The factors such as technological advancements, economic conditions, government policies, and industry trends, have collectively established the Asia Pacific region as the largest market for diodes.
Diode Market Scope Table
Diode Market Scope |
|
Market Size in 2022 |
USD 7.1 Bn. |
Market Size in 2029 |
USD 9.2 Bn. |
CAGR (2023-2029) |
3.7 % |
Historic Data |
2017-2021 |
Base Year |
2022 |
Forecast Period |
2023-2029 |
Segment Scope |
by Type
|
by Drive Type
|
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Diode Market by Region
- North America (United States, Canada, and Mexico)
- Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe)
- Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and Rest of APAC)
- Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A)
- South America (Brazil, Argentina Rest of South America)
Diode Market Key Players
- Diodes Incorporated
- Infineon Technologies AG
- ROHM CO., LTD.
- Vishay Intertechnology Inc.
- Panasonic Corporation
- NXP Semiconductors N.V.
- STMicroelectronics
- Toshiba Corporation
- Renesas Electronics Corporation.
- Nexperia
- Littelfuse Inc.
- Central Semiconductor LLC.
- Microsemi
Frequently Asked Questions
The Asia Pacific region is expected to hold the highest share of the Diode Market.
The market size of the Diode Market by 2029 is expected to reach US$ 9.2 Bn.
The forecast period for the Diode Market is 2023-2029.
The market size of the Diode Market in 2022 was valued at US$ 7.1 Bn.
1. Research Methodology
1.1 Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market Breakdown and Data Triangulation
1.4. Research Assumption
2. Diode Market Executive Summary
2.1. Market Overview
2.2. Market Size (2022) and Forecast (2023-2029) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%)- By Segments and Regions
3. Global Diode Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-user Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2022)
3.2.7. Profit Margin
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
3.4.4. Product Launches and Innovations
4. Diode Market: Dynamics
4.1. Diode Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Diode Market Drivers
4.3. Diode Market Restraints
4.4. Diode Market Opportunities
4.5. Diode Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Technological Factor
4.7.5. Legal Factors
4.7.6. Environmental Factors
4.8. Technological Roadmap
4.9. Value Chain Analysis
4.10. Regulatory Landscape by Region
4.10.1. North America
4.10.2. Europe
4.10.3. Asia Pacific
4.10.4. Middle East and Africa
4.10.5. South America
5. Diode Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029)
5.1. Diode Market Size and Forecast, by Type (2022-2029)
5.1.1. Zener Diodes
5.1.2. Schottky Diodes
5.1.3. Laser Diodes
5.1.4. Light Emitting Diode
5.1.5. Small Signal Diode
5.1.6. Others
5.2. Diode Market Size and Forecast, by Drive Type (2022-2029)
5.2.1. Communications
5.2.2. Consumer Electronics
5.2.3. Automotive
5.2.4. Computer
5.2.5. Others
5.3. Diode Market Size and Forecast, by Region (2022-2029)
5.3.1. North America
5.3.2. Europe
5.3.3. Asia Pacific
5.3.4. Middle East and Africa
5.3.5. South America
6. North America Diode Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029)
6.1. North America Diode Market Size and Forecast, by Type (2022-2029)
6.1.1. Zener Diodes
6.1.2. Schottky Diodes
6.1.3. Laser Diodes
6.1.4. Light Emitting Diode
6.1.5. Small Signal Diode
6.1.6. Others
6.2. North America Diode Market Size and Forecast, by Drive Type (2022-2029)
6.2.1. Communications
6.2.2. Consumer Electronics
6.2.3. Automotive
6.2.4. Computer
6.2.5. Others
6.3. North America Diode Market Size and Forecast, by Country (2022-2029)
6.3.1. United States
6.3.2. Canada
6.3.3. Mexico
7. Europe Diode Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029)
7.1. Europe Diode Market Size and Forecast, by Type (2022-2029)
7.2. Europe Diode Market Size and Forecast, by Drive Type (2022-2029)
7.3. Europe Diode Market Size and Forecast, by Country (2022-2029)
7.3.1. United Kingdom
7.3.2. France
7.3.3. Germany
7.3.4. Italy
7.3.5. Spain
7.3.6. Sweden
7.3.7. Austria
7.3.8. Rest of Europe
8. Asia Pacific Diode Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029)
8.1. Asia Pacific Diode Market Size and Forecast, by Type (2022-2029)
8.2. Asia Pacific Diode Market Size and Forecast, by Drive Type (2022-2029)
8.3. Asia Pacific Diode Market Size and Forecast, by Country (2022-2029)
8.3.1. China
8.3.2. S Korea
8.3.3. Japan
8.3.4. India
8.3.5. Australia
8.3.6. Indonesia
8.3.7. Malaysia
8.3.8. Vietnam
8.3.9. Taiwan
8.3.10. Bangladesh
8.3.11. Pakistan
8.3.12. Rest of Asia Pacific
9. Middle East and Africa Diode Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029)
9.1. Middle East and Africa Diode Market Size and Forecast, by Type (2022-2029)
9.2. Middle East and Africa Diode Market Size and Forecast, by Drive Type (2022-2029)
9.3. Middle East and Africa Diode Market Size and Forecast, by Country (2022-2029)
9.3.1. South Africa
9.3.2. GCC
9.3.3. Egypt
9.3.4. Nigeria
9.3.5. Rest of ME&A
10. South America Diode Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029)
10.1. South America Diode Market Size and Forecast, by Type (2022-2029)
10.2. South America Diode Market Size and Forecast, by Drive Type (2022-2029)
10.3. South America Diode Market Size and Forecast, by Country (2022-2029)
10.3.1. Brazil
10.3.2. Argentina
10.3.3. Rest Of South America
11. Company Profile: Key Players
11.1. Diodes Incorporated
11.1.1. Company Overview
11.1.2. Product Portfolio
11.1.2.1. Product Name
11.1.2.2. Product Details (Price, Features, etc.)
11.1.3. Financial Overview
11.1.3.1. Total Revenue
11.1.3.2. Segment Revenue
11.1.3.3. Regional Revenue
11.1.4. SWOT Analysis
11.1.5. Strategic Analysis
11.1.6. Recent Developments
11.2. Infineon Technologies AG
11.3. ROHM CO., LTD.
11.4. Vishay Intertechnology Inc.
11.5. Panasonic Corporation
11.6. NXP Semiconductors N.V.
11.7. STMicroelectronics
11.8. Toshiba Corporation
11.9. Renesas Electronics Corporation.
11.10. Nexperia
11.11. Littelfuse Inc.
11.12. Central Semiconductor LLC.
11.13. Microsemi
12. Key Findings
13. Analyst Recommendations
13.1. Strategic Recommendations
13.2. Future Outlook