Small Signal Transistor Market size is expected to reach USD 5 Billion by the end of 2036, growing at a CAGR of 7% during the forecast period, i.e., 2024 – 2036. In the year 2023, the industry size of small signal transistor was over USD 2 Billion. Small signal transistor are widely used in customer electronics like smartphones, laptops, and televisions. Thus, the increasing demand for consumer electronics is driving the market growth. Samsung held the largest share of 19.6% of television sets in 2022 in terms of sales volume.
Small signal transistor demand has increased in a number of applications due to the growing demand for energy-efficient electronics. As per a recent report, Taiwan originally planned to use offshore wind energy and solar power to generate 20% of its electricity from renewable sources by 2025.
Growth Drivers
Challenges
|
Base Year |
2023 |
|
Forecast Year |
2024-2036 |
|
CAGR |
~ 7% |
|
Base Year Market Size (2023) |
~ USD 2 Billion |
|
Forecast Year Market Size (2036) |
~ USD 5 Billion |
|
Regional Scope |
|
Type (Bipolar Transistor, Unipolar Transistor)
The bipolar transistor segment is expected to hold 53% share of the global small signal transistor market during the forecast period. A bipolar transistor is used in the creation of electric vehicles, thus the growing demand for electric vehicles is expected to propel the market growth. Moreover, the recent expansion of the automobile sector has considerably impacted the market. For instance, the International Energy Agency (IEA) forecasts that global sales of electric cars will increase to 6.6 million in 2021, more than doubling those of 2020. With an expected sales volume of slightly under 918,500 light electric vehicles in 2022, the electric vehicle (EV) market in the US set new milestones.
Application (Industrial, Automotive, Communication, Consumer Electronics)
Small signal transistor market from the industrial segment held a revenue share of 35% in 2021. The demand for small signal transistor in the industrial systems used in industrial automation would also increase due to the increasing use of industrial automation by original equipment manufacturers (OEMs) and original design manufacturers (ODMs). In 2020, the value of all automobile original equipment manufacturers worldwide was 1.5 trillion US dollars. Toyota and Denso are two of the biggest OEMs and suppliers in the world, respectively. Thus, this factor is expected to drive the growth of the industrial segment during the forecast period.
Our in-depth analysis of the global market includes the following segments:
|
Type |
|
|
Application |
|
APAC Market Forecast
The small signal transistor market in Asia Pacific is expected to hold a share of 37% during the foreseen period. The existence of the most cutting-edge and contemporary transistor production facilities in the region is responsible for the market expansion. Furthermore, developed nations like Taiwan, China, South Korea, and Singapore serve as the market's major suppliers of different transistor, which is accelerating the market growth rapidly. There were 632 import shipments of transistor forming from China, purchased by 54 global buyers from 58 Chinese suppliers.
North American Market Statistics
In North America, the market to hold a share of 23% in 2036. Due to the presence of important businesses in the area, the market is expanding. Additionally, throughout the past few years, the US government has made investments in the semiconductor sector. For instance, according to a report, the America Competes Act would spend USD 52 billion in March 2022 to promote goods in the semiconductor industry. This factor is driving the market growth in the region.
Author Credits: Abhishek Verma, Hetal Singh
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?