Device manufacturers and semiconductor companies are collaboratively focusing on leverage new miniaturization techniques and packaging approaches. The key objective is to improve operating parameters, thus increasing the scope of applications of discrete diodes in end-use industries. Product innovations and improvements relate to advancing operating frequencies and reducing contact resistance. To this end, a few key players have also teamed up in their efforts to meet the emerging demands for various types of diodes in communication and consumer electronics industries, world over. A case in point research on overcoming the frequency limitations of resonant-tunneling diodes (RTDs). Further, strategic acquisitions and partnership will likely shape the competitive landscape of the discrete diodes market in coming years.
Some of the key players who have been at the forefront of these technologies are M/A-Com Technology Solutions, Central Semiconductor Corporation, Microsemi Corp., ON Semiconductor, Vishay Intertechnology, Inc., Diodes Incorporated, Infineon Technologies AG, NXP Semiconductors, and ROHM Semiconductor.
Growing demand for portable communication system in the aerospace and military sector has stirred prospects for diode modulators. The global discrete diodes market is projected to clock a CAGR of 6% during 2019 - 2027, and reach a worth of US$ 6.6 bn by the end of 2027.
The growing trend of vehicle electrification and electronics miniaturization has been a broad driver for the discrete diodes market. Over the past decade, diodes are increasingly being utilized in traction inverter for improving on-road performance drivetrain. A case in point is the application of such diodes in plug-in hybrid electric cars.
High Voltage Rectification Devices for Smart Homes Bellwether for Growth
The growing case of diodes in high voltage rectification in various power generating applications is bolstering demands in the discrete diodes market. A major shift is witnessed in growing spending of semiconductor companies in advanced driver assistance systems where technology companies are coming new circuit designs. In general, growing application of different types of advanced packaging in diodes in automotive industry has also be favorable to the evolution of the discrete diodes market.
Another trend that has been bellwether for growth in the discrete diodes market is spending on smart homes. Developers are forging out new designs in smart hubs by harnessing new technologies in discrete diodes to reduce power transmission and substantially lowering voltage drop.
New Designs in Consumer Electronics Expand Horizon
A substantial driver for demands is from consumer electronics. Strides have stimulated research into new electronic design, improving the prospects in the discrete diodes market. Device makers, such as smartphones and power generating devices, consider advancements in diodes as imminent in the improving the processing power of the technology. This is widely witnessed in Asia Pacific markets. The regional market is expected to progress at a rapid pace during the forecast period (2019–2027). Both the rising demands in the automotive industry and the sheer pace of electronic manufacturing in recent years are fueling the prospects of the Asia Pacific discrete diodes market.
The study presented here is based on a report by Transparency Market Research (TMR) titled “Discrete Diodes Market (Product: Power Diodes, Small-signal Diodes, and RF Diodes; and Application: Automotive, Consumer Electronics, Computers, Communications, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027”.
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