Power MOSFET Market: Global Industry Analysis and Forecast (2024-2030)
Power MOSFET Market size was valued at USD 8.78 Bn. in 2023 and the total Power MOSFET size is expected to grow at a CAGR of 7.18% from 2024 to 2030, reaching nearly USD 14.27 Bn. by 2030.
Format : PDF | Report ID : SMR_2303
Power MOSFET Market Overview:
A power MOSFET is a specific type of metal oxide semiconductor field-effect transistor (MOSFET) designed to handle significant power levels. MOSFETs are the essential components of computer processors, semiconductor memory, image sensors, and the majority of other forms of integrated circuits. Discrete MOSFET devices are frequently utilized in power electronics applications such as switch mode power supply, variable-frequency drives, and other power electronics applications where one device switches thousands of watts.
Power MOSFET manufacturers are investing in the advancement of wide bandgap substances such as silicon carbide (SiC) and gallium nitride (GaN) MOSFETs. These materials have better efficiency, thermal management, and switching speed than conventional silicon-based MOSFETs. The main focus is on creating MOSFETs with reduced on-resistance and increased switching speeds. These enhancements aim to decrease power wastage and enhance the effectiveness of electronic systems.
A movement towards smaller, more condensed MOSFETs being incorporated into various devices is becoming more popular. It includes improving the design and production methods to decrease the dimensions without sacrificing efficiency. Power MOSFET producers are also focused on cutting production costs by optimizing processes, enhancing yields, and taking advantage of economies of scale. It is necessary to stay competitive in a Power MOSFET market driven by price sensitivity.
For instance, Infineon Technologies AG is a prime example of a company that is advancing greatly in the Power MOSFET market.
SiC MOSFETs: Infineon has developed a range of SiC MOSFETs that offer higher efficiency and better thermal performance than traditional silicon-based MOSFETs. These are particularly useful in high-power applications such as electric vehicle (EV) powertrains and industrial power supplies.
GaN HEMTs: Infineon’s GaN-based high electron mobility transistors (HEMTs) provide ultra-fast switching and high efficiency, ideal for applications like data centers and fast chargers.
- The world exports most of its Power MOSFETS to India, Vietnam, and the Philippines.
- The top 3 exporters of Power MOSFETs are China with 12,110 shipments followed by the United Kingdom with 2,495 and Singapore at the 3rd spot with 1,734 shipments.
To get more Insights: Request Free Sample Report
Power MOSFET Market Dynamics:
Power MOSFETs Drive Market Growth with Efficiency
The Power MOSFET market has increased due to the growth of the power MOSFET in the world as an extensively utilized power device. MOSFETs have advantages over bipolar junction transistors in power electronics because they do not require a constant flow of driving current to remain in the ON state. The power MOSFET market has been increasing as the Power MOSFET influences power supply, allowing for greater operating frequencies, less size and weight, and larger volume manufacturing. Also, increasing demand for electric vehicles globally and to keep drivers safe, MOSFET power transistors are widely used in cars. MOSFET power transistors improve connectivity driving and safety innovation among drivers, which is expected to fuel the Power MOSFET market demand.
In addition, many tasks that were formerly completed by hand have been replaced by machines because they are incredibly adaptable, small, and effective at what they are designed to accomplish. In the forecast period, it is expected that the Power MOSFET market maintained or even exceeded by the enormous rise in demand for machinery and electronic equipment. Power MOSFETs are used by most machines to control power. There are approximately 78,124 gigawatts (GW) of wind and solar installations globally, and MOSFET modules are frequently utilized for voltage-switching applications. The growing reliance on electrical machinery and equipment is one of the major reasons driving the power MOSFET industry and directly benefits power MOSFET.
Navigating Complexities and Challenges in Power MOSFET Manufacturing and Supply Chain Management
Manufacturing power MOSFETs, especially with advanced materials, is a complex process that needs precise control of many factors. This complexity leads to higher production costs and potential yield issues. Natural disasters, geopolitical conflicts, and other disruptions affect the production schedules and availability of semiconductor types, including power MOSFETs, due to their impact on the global supply chain. Additionally, the increasing competition in the power MOSFET market puts pressure on prices.
Power MOSFET Market Segment Analysis:
By Type, Enhancement mode segment held the largest Power MOSFET Market share in 2023 for the. Enhancement Mode in integrated circuits, MOSFETs are used to create CMOS-type logic gates as well as power switching circuits with PMOS (P-channel) and NMOS (N-channel) gates. Complementary MOS, or CMOS, refers to the fact that the logic device incorporates both PMOS and NMOS into its architecture. Technology developments and ongoing innovation are key factors driving the growth of the Enhancement Mode in the Power MOSFET market.
New technologies frequently result in better goods, more effectiveness, and better client experiences, which fuel demand and enlarge the Power MOSFET industry. Power MOSFET Market growth is mostly driven by rising consumer awareness and demand for Bleach Activator goods and services. Businesses adapt to consumer demands for more sophisticated, efficient, or sustainable products by growing and inventing.
The latest Power MOSFET market trends indicate that manufacturers are focusing on developing MOSFETs with higher power density, improved thermal performance, and smaller form factors. Additionally, the Power MOSFET industry is witnessing a shift towards wide-bandgap materials, such as Silicon Carbide (SiC) and Gallium Nitride (GaN), which offer better performance and efficiency compared to traditional MOSFETs. In the automotive sector, Enhancement mode MOSFETs are employed in electric vehicles for improved efficiency and power management. Similarly, in aerospace applications, these devices are utilized in electronic control systems and power distribution circuits.
Power MOSFET Market Regional Insight:
Asia Pacific is the dominant region in 2023 for the Power MOSFET Market. The Power MOSFET market is witnessing substantial growth in the Asia-Pacific region, driven by the presence of key semiconductor manufacturers in countries like China, Japan, and South Korea. The rapid automation and increasing investments in infrastructure development also contribute to the Power MOSFET market growth in the region. The organizations take various initiatives to build power infrastructure with advanced technologies, which drives the growth of the power MOSFET market in the region. Organizations across verticals realize the importance of power MOSFET devices to ensure efficient working conditions. High demand for automated switching devices and power modules is expected to boost Power MOSFET market growth.
Chinese Power MOSFET manufacturers have been catching up and have also achieved some degree of localization in the field of high-end power devices, For example, Wingtech has launched highly durable power MOSFETs for 5G telecom infrastructure, the ultra-micro MOSFETs and P-channel MOSFETs in LFPAK66 packages, CR Micro focuses on the research and development of MOSFET products in the automotive and industrial control fields, BYD and Star Semiconductor have occupied a considerable share in the Chinese new energy vehicle IGBT field, CRRC Times’ MOSFETs have also been applied in many industrial fields such as rail transits and new energy vehicles. In addition, Wingtech, China Resources Micro, Yangjie Technology, and other manufacturers are also actively planning and developing the third-generation semiconductor business.
Power MOSFET Market Competitive Landscape:
The Power MOSFET market is set to keep growing, fueled by technological progress, rising demand in different industries, and strategic moves by major companies to improve their market standing. Businesses are concentrating on creating advanced power MOSFET solutions that have better performance and efficiency to satisfy the changing demands of different uses. For instance,
Toshiba provides high-performance power MOSFETs for applications in power management, automotive, and industrial sectors.
- In February 2023, Toshiba Electronic Devices & Storage Corporation announced plans to invest yen 100 billion in a new manufacturing facility for power semiconductors, including MOSFETs, in Japan.
STMicroelectronics Known for its robust portfolio of power MOSFETs, STMicroelectronics serves diverse sectors such as automotive, industrial, and personal electronics.
- In March 2023, STMicroelectronics announced a new partnership with Bosch, a leading automotive supplier, to develop advanced power electronics for electric vehicles.
Power MOSFET Market Scope:
Power MOSFET Market |
|
Market Size in 2023 |
USD 8.78 Bn. |
Market Size in 2030 |
USD 14.27 Bn. |
CAGR (2024-2030) |
7.18 % |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segments
|
By Types
|
By Power Rate
|
|
By Applications
|
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – United Kingdom, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Power MOSFET Market Key Players:
- Texas Instruments (US)
- Broadcom Inc (US)
- ON Semiconductor (US)
- Vishay Semiconductors (US)
- Advanced Linear Devices, Inc (US)
- Diodes Incorporated (US)
- Alpha and Omega Semiconductor (US)
- Power Integrations, Inc (US)
- Semelab Ltd - TT Electronics (UK)
- Infineon Technologies AG (Germany)
- STMicroelectronics (Switzerland)
- NXP (Netherlands)
- Cissoid (Belgium)
- PI Semiconductor Corporation (Taiwan)
- Renesas Electronics (Japan)
- MITSUBISHI (Japan)
- Rohm Semiconductor (Japan)
- Sanken Electric Co., Ltd. (Japan)
- Torex Semiconductor (Japan)
- Toshiba Corporation (Japan)
Frequently Asked Questions
The Market size was valued at USD 8.78 Billion in 2023 and the total Market revenue is expected to grow at a CAGR of 7.18% from 2024 to 2030, reaching nearly USD 14.27 Billion.
Increasing demand for electric vehicles globally and to keep drivers safe, MOSFET power transistors are widely used in cars. MOSFET power transistors improve connectivity driving and safety innovation among drivers, which is expected to fuel the Power MOSFET market demand.
Asia Pacific dominates the region in the Power MOSFET Market.
The segments covered in the market report are by Type, Power Rate, and Applications.
1. Global Power MOSFET Market: Competitive Landscape
1.1. SMR Competition Matrix
1.2. Competitive Landscape
1.3. Market share analysis of major players
1.4. Types specific analysis
1.4.1. Main suppliers and their market positioning
1.4.2. Key customers and adoption rates across different sectors
1.5. Key Players Benchmarking
1.5.1. Company Name
1.5.2. Type Segment
1.5.3. End-user Segment
1.5.4. Revenue (2023)
1.5.5. Geographic distribution of major customers
1.6. Market Structure
1.6.1. Market Leaders
1.6.2. Market Followers
1.6.3. Emerging Players
1.7. Mergers and Acquisitions Details
2. Power MOSFET Market: Dynamics
2.1. Market Trends by Region
2.1.1. North America
2.1.2. Europe
2.1.3. Asia Pacific
2.1.4. Middle East and Africa
2.1.5. South America
2.2. Market Drivers by Region
2.2.1. North America
2.2.2. Europe
2.2.3. Asia Pacific
2.2.3.1. China
2.2.3.2. Japan
2.2.3.3. India
2.2.3.4. Vietnam
2.2.3.5. Rest of Asia Pacific
2.3. Market Restraints
2.4. Market Opportunities
2.5. Market Challenges
2.6. PORTER’s Five Forces Analysis
2.7. Technological Roadmap
2.8. PESTLE Analysis
2.9. Strategies for New Entrants to Penetrate the Market
2.10. Analysis of Government Schemes and Initiatives for the DRAM Industry
2.11. Regulatory Landscape by Region
2.11.1. North America
2.11.2. Europe
2.11.3. Asia Pacific
2.11.4. Middle East and Africa
2.11.5. South America
2.12. Power MOSFET Import Export
2.12.1. North America
2.12.2. Asia Pacific
2.12.3. Europe
2.12.4. Middle East and Africa
2.12.5. South America
2.13. Power MOSFET Market Size and Forecast by Segments (Value in Millions)
2.13.1. Power MOSFET Market Size and Forecast, by Type (2023-2030)
2.13.1.1. Depletion Mode
2.13.1.2. Enhancement Mode
2.13.2. Power MOSFET Market Size and Forecast, by Power Rate (2023-2030)
2.13.2.1. High power
2.13.2.2. Medium power
2.13.2.3. Low power
2.13.3. Power MOSFET Market Size and Forecast, by Application (2023-2030)
2.13.3.1. Energy & Power
2.13.3.2. Consumer Electronics
2.13.3.3. Automotive
2.13.3.4. Industrial
2.13.3.5. Others
2.13.4. Power MOSFET Market Size and Forecast, by Region (2023-2030)
2.13.4.1. North America
2.13.4.2. Europe
2.13.4.3. Asia Pacific
2.13.4.4. Middle East and Africa
2.13.4.5. South America
3. North America Power MOSFET Market Size and Forecast (Value in Millions)
3.1. North America Power MOSFET Market Size and Forecast, by Type (2023-2030)
3.1.1. Depletion Mode
3.1.2. Enhancement Mode
3.2. North America Power MOSFET Market Size and Forecast, by Power Rate (2023-2030)
3.2.1. High power
3.2.2. Medium power
3.2.3. Low power
3.3. North America Power MOSFET Market Size and Forecast, by Application (2023-2030)
3.3.1. Energy & Power
3.3.2. Consumer Electronics
3.3.3. Automotive
3.3.4. Industrial
3.3.5. Others
3.4. North America Power MOSFET Market Size and Forecast, by Country (2023-2030)
3.4.1. United States
3.4.2. Canada
3.4.3. Mexico
4. Europe Power MOSFET Market Size and Forecast (Value in Millions)
4.1. Europe Power MOSFET Market Size and Forecast, by Type (2023-2030)
4.2. Europe Power MOSFET Market Size and Forecast, by Power Rate (2023-2030)
4.3. Europe Power MOSFET Market Size and Forecast, by Application (2023-2030)
4.4. Europe Power MOSFET Market Size and Forecast, by Country (2023-2030)
4.4.1. UK
4.4.2. France
4.4.3. Germany
4.4.4. Italy
4.4.5. Spain
4.4.6. Sweden
4.4.7. Russia
4.4.8. Rest of Europe
5. Asia Pacific Power MOSFET Market Size and Forecast (Value in Millions)
5.1. Asia Pacific Power MOSFET Market Size and Forecast, by Type (2023-2030)
5.2. Asia Pacific Power MOSFET Market Size and Forecast, by Power Rate (2023-2030)
5.3. Asia Pacific Power MOSFET Market Size and Forecast, by Application (2023-2030)
5.4. Asia Pacific Power MOSFET Market Size and Forecast, by Country (2023-2030)
5.4.1. China
5.4.2. S Korea
5.4.3. Japan
5.4.4. India
5.4.5. Australia
5.4.6. ASEAN
5.4.7. Rest of Asia Pacific
6. Middle East and Africa Power MOSFET Market Size and Forecast (Value in Millions)
6.1. Middle East and Africa Power MOSFET Market Size and Forecast, by Type (2023-2030)
6.2. Middle East and Africa Power MOSFET Market Size and Forecast, by Power Rate (2023-2030)
6.3. Middle East and Africa Power MOSFET Market Size and Forecast, by Application (2023-2030)
6.4. Middle East and Africa Power MOSFET Market Size and Forecast, by Country (2023-2030)
6.4.1. South Africa
6.4.2. GCC
6.4.3. Egypt
6.4.4. Rest of ME&A
7. South America Power MOSFET Market Size and Forecast (Value in Millions)
7.1. South America Power MOSFET Market Size and Forecast, by Type (2023-2030)
7.2. South America Power MOSFET Market Size and Forecast, by Power Rate (2023-2030)
7.3. South America Power MOSFET Market Size and Forecast, by Application (2023-2030)
7.4. South America Power MOSFET Market Size and Forecast, by Country (2023-2030)
7.4.1. Brazil
7.4.2. Argentina
7.4.3. Rest of South America
8. Company Profile: Key players
8.1. Texas Instruments (US)
8.1.1. Company Overview
8.1.2. Business Portfolio
8.1.3. Financial Overview
8.1.4. SWOT Analysis (Technological strengths and weaknesses)
8.1.5. Strategic Analysis (Recent strategic moves)
8.1.6. Recent Developments
8.2. Broadcom Inc (US)
8.3. ON Semiconductor (US)
8.4. Vishay Semiconductors (US)
8.5. Advanced Linear Devices, Inc (US)
8.6. Diodes Incorporated (US)
8.7. Alpha and Omega Semiconductor (US)
8.8. Power Integrations, Inc (US)
8.9. Semelab Ltd - TT Electronics (UK)
8.10. Infineon Technologies AG (Germany)
8.11. STMicroelectronics (Switzerland)
8.12. NXP (Netherlands)
8.13. Cissoid (Belgium)
8.14. PI Semiconductor Corporation (Taiwan)
8.15. Renesas Electronics (Japan)
8.16. MITSUBISHI (Japan)
8.17. Rohm Semiconductor (Japan)
8.18. Sanken Electric Co., Ltd. (Japan)
8.19. Torex Semiconductor (Japan)
8.20. Toshiba Corporation (Japan)
9. Key Findings
10. Industry Recommendation