Small Signal Transistor Market Segmentation:
Type Segment Analysis
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 Segment Analysis
Small signal transistor market from the industrial segment will account for a revenue share of 35% by 2035. 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:
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