Discrete Semiconductor Market to Reach USD 78.33 Billion by 2028; Rising Electric and Automated Vehicle Adoption to Propel Market Growth: Fortune Business InsightsTM – QNT Press Release

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Pune, India, March 09, 2022 (GLOBE NEWSWIRE) — The global discrete semiconductor market size is anticipated to hit USD 78.33 billion by 2028 and exhibit a CAGR of 8.1% during the forecast period. The increasing adoption of electric and automated vehicles and the expanding consumer electronics industry are projected to bolster the market growth in the coming years. Fortune Business InsightsTM has presented this information in its report titled “Discrete Semiconductor Market, 2021-2028”. The market size stood at USD 42.97 billion in 2020 and USD 45.43 billion in 2021.

Top profiled key players in Discrete Semiconductor Market:

  • NXP Semiconductors (Netherlands)
  • Infineon Technologies AG (Germany)
  • Semiconductor Components Industries, LLC (US)
  • TOSHIBA ELCTRONIC DEVICES & STORAGE CORPRATION (Japan)
  • Vishay Intertechnology Inc. (US)
  • STMicroelectronics (Switzerland)
  • Taiwan Semiconductor (Taiwan)
  • Nexperia (Netherlands)
  • Renesas Electronics Corporation (Japan)
  • ABB (Switzerland)
  • StarPower Semiconductor Ltd. (China)
  • Diodes Incorporated (US)
  • GeneSiC Semiconductor Inc. (US)
  • WeEn Semiconductors (China)
  • ROHM CO. LTD. (Japan)
  • Texas Instruments Incorporated (US)

Request a Sample Copy of Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/discrete-semiconductor-market-106389

COVID-19 Impact-

Unwary Business Conditions Hindered Discrete Semiconductor Market amid Pandemic

The sudden and rapid spread of the coronavirus pandemic has affected the market drastically. The pandemic has altered the business dynamics and altered operational scenarios. The implementation of strict curfews and lockdowns by governments of several nations has aggravated the situation. Additionally, the US-China trade war has negatively impacted market growth. The supply chain disruptions and international trade restrictions to curb the virus spread have affected the market growth.

Report Scope & Segmentation

Report Coverage Details
Forecast Period 2021 to 2028
Forecast Period 2021 to 2028 CAGR 8.1%
2028 Value Projection USD 78.33 Billion
Base Year 2020
Market Size in 2020 USD 42.97 Billion
Historical Data for 2017 to 2019

Full story available on Benzinga.com

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