Asia Pacific Discrete Semiconductors Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Thyristors, Rectifiers, Power, Transistors, Small Signal Transistors, Diodes, Others), By Industry Vertical (Consumer Electronics, Communication, Automotive, Manufacturing), And By Country - Forecasts From 2022 to 2027

The Asia Pacific discrete semiconductors market is projected to grow at a CAGR of 7.24% to reach US$21,403.175 million by 2027, from US$13,122.263 million in 2020.

Factors such as a rapid increase in demand for consumer electronics and the rising penetration of smartphones in this region will significantly contribute to the overall market growth. Additionally, the rising adoption of technological advancements across all the end-user industries and growing awareness of smart electronic devices are anticipated to drive the overall market growth during the forecast period. The market is segmented into: By Type, By Industry Vertical and By Countries.

Asia-Pacific Discrete Semiconductors: By Industry Vertical

• Consumer Electronics

Factors attributing to the growth of the market across the region are the growing adoption of consumer electronics devices such as smartphones, laptops, wearables and others. Moreover, the growing demand for power-efficient devices and, increasing usage of wireless and portable electronic products are further boosting the overall market growth. Rapidly growing urbanization and high disposable income have increased the demand for advanced consumer electronic devices, which is expected to drive the overall market growth during the forecast period. The appliance and electronics industry across the region is evolving and modernizing to meet the growing global and local market demands. Additionally, vendors in the market are developing and integrating new technologies for applications in the consumer electronics market. For instance, Panasonic Corporation has introduced 43 new refrigerator models and 24 new washing machine models to its home appliance product portfolio.

Asia-Pacific Discrete Semiconductors: By Country

• China

The growing adoption of electric vehicles and the introduction of 5G network technology across the country is projected to drive the demand for semiconductors during the forecast period, which in turn, is expected to drive the overall market growth. The rising adoption of 5G technology is expected to increase the use of smart electronic devices such as smartphones, smart cities, and other personal devices which has increased the demand for semiconductors, which in turn is projected to drive the overall market growth. Furthermore, the growing adoption and production of electric vehicles are anticipated to increase the discrete semiconductor’s demand for electrification purposes. China is the leader in the EV market and continues to lead in the electrification of its transportation. The country is setting up the target to achieve the China Society of Automotive Engineers goal of over 50% EV sales by 2035, which is expected to have a positive impact on market growth.

COVID-19 Insights

The COVID-19 pandemic has slowed down the overall market growth due to the demand and supply imbalance. However, there is no such negative impact on the market. The overall semiconductor market has witnessed significant growth in 2020 in comparison to 2019 and the market is further expected to grow in future due to the massive demand from end-user industries.

Segmentation

The Asia-Pacific discrete semiconductors market has been analysed through the following segments:

• By Type
  • Thyristors
  • Rectifiers
  • Power Transistors
  • Small Signal Transistors
  • Diodes
  • Others
• By Industry Vertical
  • Consumer Electronics
  • Communication
  • Automotive
  • Manufacturing
• By Countries
  • India
  • China
  • Japan
  • South Korea
  • Thailand
  • Indonesia
  • Taiwan
  • Others

ON Semiconductor

Vishay Intertechnology, Inc.

Infineon Technologies AG

STMicroelectronics

Toshiba Corporation

Diodes Incorporated

NXP Semiconductors

Central Semiconductor Corp