The global Planar MOSFET Market size was USD 3.95 Billion in 2022 and is expected to reach USD 6.23 Billion in 2032, and register a rapid revenue CAGR of 5.2% during the forecast period.
Rapid expansion of the electric car market is a key factor driving market revenue growth. Planar MOSFETs are being used more frequently in various end-use industries, including automotive, consumer electronics, and telecommunications. These MOSFETs are utilized in the powertrain systems of Electric Vehicles (EVs) to improve power economy and performance.
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In addition, increasing need for power density and efficiency in power electronic systems is another key factor driving revenue growth of the market. These MOSFETs are favored in high-frequency power conversion applications because these have greater voltage ratings, smaller conduction losses, and faster switching speeds. Planar MOSFETs are now being used more frequently in power electronics applications including server power supplies, solar inverters, and uninterruptible power supply as a result.
Moreover, rising need for energy-efficient consumer electronics solutions is also expected to drive market revenue growth during the forecast period. Planar MOSFETs are utilized in power management applications in consumer electronics including smartphones, laptops, and tablets. These are utilized in base stations and power amplifiers in wireless communication systems to increase power efficiency and lower running costs,.
Furthermore, rising trend of Industrial Automation is another factor driving market revenue growth. In motor control applications, these MOSFETs are employed to deliver effective and dependable performance. However, high cost of these MOSFETs compared to ordinary ones and availability of substitute options, such as Gallium Nitride (GaN) and Silicon Carbide (SiC) MOSFETs, are major factors, which could restrain market revenue growth. In addition, complexity of the production process and requirement for specialized tools and knowledge are other factors, which could restrain market revenue growth.
- Infineon Technologies AG
- STMicroelectronics N.V.
- Vishay Intertechnology Inc.
- Renesas Electronics Corporation
- On Semiconductor Corporation
- NXP Semiconductors N.V.
- Fairchild Semiconductor International, Inc.
- Toshiba Corporation
- Rohm Semiconductor
- Alpha and Omega Semiconductor Limited
The global market is further segmented into type and application:
|By Type Outlook
|By Application Outlook
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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