Americas Semiconductor Diode Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.70 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Americas Semiconductor Diode Market Analysis
The Americas Semiconductor Diode Market was valued at USD 729.4 million in 2022 and is expected to reach USD 833.33 million in the next five years, registering a CAGR of 2.7%. Due to their unique electrical properties, semiconductor diodes are widely used in various electronic applications. Moreover, the increasing application of electronic devices in various end-user industries drives market growth over the forecast period.
The increasing miniaturization of electronic devices is happening across various industries for minimal size and power consumption, and maximum power output and performance are creating a demand for customized diodes.
Due to their unique electrical properties, semiconductor diodes are widely used in the automotive industry. Diodes are used in voltage regulation circuits to maintain a stable voltage output. This is important for ensuring that the electrical systems in the vehicle operate properly and efficiently.
Moreover, LED lighting technology is becoming increasingly popular in the automotive industry due to its energy efficiency and long lifespan. LED Lights are made up of many tiny semiconductor diodes that emit light when current flows through them.
Further, rapid advances in high-speed communication and miniature mobile computing platforms have escalated a strong demand for deeper human-digital interactions beyond traditional flat panel displays. AR and VR technologies are driving the growth of next-generation interactive displays with increased applications across various industries. Such trends are expected to boost the adoption of LEDs for AR and VR applications.
The COVID-19 pandemic impacted the development of semiconductor diode technology and the functioning of the semiconductor supply chain, mainly in shipment schedules for equipment and raw materials. In addition, the progress in the development of new production processes was also affected.
Americas Semiconductor Diode Market Trends
Automotive Industry is Expected to Hold a Significant Market Share
As per IEA, electric car sales in the United States will increase by 55% in 2022 to reach a sale share of 8%. With the advancement of the electrification of automobiles, power consumption control is becoming an increasingly important factor. LED lighting technology design significantly reduces power consumption, increases lifecycle, and offers design freedom and control. It is now commonly used in automotive functions, including headlights and interior lighting.
LED headlamp technology is currently the most modern technology used for the headlamps of cars. With several advantages over other competitive technologies, such as halogen lamps and xenon headlamps, LED headlamps are becoming very popular in passenger vehicles.
One of the most significant advantages of using LED is that they produce light of color temperature of 5500 kelvin, which is very close to daylight. This color temperature is even closer than the light produced by Bi-Xenon headlamps. Therefore, they put a minimum strain on the driver's eyes. Compared with other headlamps, the visibility of LED headlamps is also high in dusty and foggy environments.
In March 2022, Truck-Lite, a provider of LED lighting solutions for commercial vehicles, launched an all-new LED Projector Headlights, the company's latest advancement in forward lighting to deliver improved performance and modern aesthetics. Truck-Lite LED Projector Headlights feature a new beam pattern with a wider beam spread that maximizes light output and increases foreground illumination, resulting in better performance, especially for vehicles operating in more congested environments like trucks used in final mile delivery, utility, construction, municipal and waste markets.
United States is Expected to Hold the Major Market Share
The Americas semiconductor diode market is expected to grow significantly over the forecast period, with the United States dominating the regional market. Growth in this region's semiconductor diode market strongly correlates with growth in adjacent markets such as lighting, consumer electronics, and automotive.
The proliferating consumer electronics industry in the region is one of the primary factors driving the market's growth. For instance, according to the Consumer Technology Association (CTA), US technology retail revenues are expected to reach USD 485 billion in 2023. Though it is slightly down from the record-breaking USD 512 billion in 2021, the revenues are expected to remain above pre-pandemic levels, per the organization.
Emerging technologies like the Internet of Things (IoT) have created a new wave of innovation in the semiconductor industry. An increasing number of electronic devices, from laptops to thermostats, are becoming connected each year in the region, allowing for more sophisticated communication and coordination between them and their users. For instance, as per the CTA, health tech continues to expand its footprint in the country as consumers pay closer attention to their health and fitness goals and use tech for better outcomes. Overall, health tech, including smartwatches, fitness trackers, and connected exercise equipment, is expected to generate a revenue of USD 13.4 billion in 2022, up 4% as compared to 2021.
The automotive industry in the United States is a crucial component of economic growth and has historically contributed 3 - 3.5% to the overall Gross Domestic Product (GDP), according to the Center for Automotive Research. The industry also contributes to a significant portion of the region's total demand for semiconductor components
Americas Semiconductor Diode Industry Overview
The Americas semiconductor diode market is highly fragmented due to many major companies competing with each other and large enterprises. Key players are Toshiba Electronic Devices & Storage Corporation, Mitsubishi Electric Corporation, Renesas Electronics Corp., and Diodes Incorporated, among others. Recent developments in the market are -
Feb 2023 - Diodes Incorporated unveiled its first silicon carbide Schottky barrier diodes, including 11 devices rated at 650 V and 8 at 1200 V. The 650-V DSCxxA065 series provides current ratings of 4 A, 6 A, 8 A, and 10 A, while the 1200-V DSCxx120 series carries current ratings of 2 A, 5 A, and 10 A.
Dec 2022 - Toshiba Electronic Devices & Storage Corporation developed a SiC metal oxide semiconductor field effect transistor that arranges embedded Schottky barrier diodes in a check pattern (check-pattern embedded SBD) to realize both low on-resistance and high reliability.
Americas Semiconductor Diode Market Leaders
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Central Semiconductor Corp.
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Diodes Incorporated
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Hitachi Power Semiconductor Device Ltd
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Infineon Technologies AG
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Littelfuse Inc.
*Disclaimer: Major Players sorted in no particular order
Americas Semiconductor Diode Market News
- Jan 2023: Kyocera SLD Laser Inc. introduced its high-power 5-watt blue laser diode products for industrial, biomedical, defense, and display applications at the SPIE Photonics West Exhibition. The new laser diode products deliver 5 watts of optical power at 445 nm and are based on KSLD's proprietary high-gain semipolar GaN architecture.
- March 2022: Microchip Technology Incorporated announced the expansion of its SiC portfolio with the launch of 3.3 kV Silicon Carbide (SiC) power devices enabling new levels of efficiency and reliability. The 3.3 kV SiC MOSFETs and Schottky Barrier Diodes (SBDs) extend designers' options for high-voltage power electronics in transportation, energy, and industrial systems.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Assessment of Impact of COVID-19 on the Industry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increase in the Need of Advance and Complex Electronic Devices In Every Sectors
5.1.2 Miniaturization of discrete electronic products
5.2 Market Restraints
5.2.1 Matching required price point of diodes with all desired specification
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Zener Diodes
6.1.2 Schottky Diodes
6.1.3 Laser Diodes
6.1.4 Light Emitting Diode
6.1.5 Small Signal Diode
6.1.6 Others
6.2 By End-user Industry
6.2.1 Communications
6.2.2 Consumer Electronics
6.2.3 Automotive
6.2.4 Computer and Computer Peripherals
6.2.5 Others
6.3 By Country
6.3.1 North America
6.3.1.1 United States
6.3.1.2 Canada
6.3.2 Latin America
6.3.2.1 Mexico
6.3.2.2 Brazil
6.3.2.3 Rest of Latin America
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Central Semiconductor Corp.
7.1.2 Diodes Incorporated
7.1.3 Hitachi Power Semiconductor Device Ltd
7.1.4 Infineon Technologies AG
7.1.5 Littelfuse Inc.
7.1.6 MACOM
7.1.7 NXP Semiconductors NV
7.1.8 ON Semiconductor Corp.
7.1.9 Renesas Electronics Corp.
7.1.10 ROHM Co. Ltd
7.1.11 Semtech Corp.
7.1.12 Vishay Intertechnology Inc.
7.1.13 Toshiba Electronic Devices & Storage Corporation
7.1.14 Mitsubishi Electric Corporation
7.1.15 Microsemi
7.1.16 SEMIKRON
7.1.17 SHINDENGEN ELECTRIC MANUFACTURING CO. LTD
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
Americas Semiconductor Diode Industry Segmentation
A semiconductor diode is a p-n junction, a two-terminal device that conducts current only in one direction. These electronic devices are made from semiconductor materials, typically silicon or germanium.
The scope of the report includes semiconductor diode applications based on the type and their deployment in the end-user industry. The study also tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The study further analyzes the overall impact of COVID-19 on the ecosystem. The scope of the report encompasses market sizing and forecast for segmentation by type (Zener Diodes, Schottky Diodes, Laser Diodes, Light Emitting Diodes, Small Signal Diodes), end-user industry (Communications, Consumer Electronics, Automotive, Computer & Computer Peripherals), and region (North America, Latin America). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| By Type | |
| Zener Diodes | |
| Schottky Diodes | |
| Laser Diodes | |
| Light Emitting Diode | |
| Small Signal Diode | |
| Others |
| By End-user Industry | |
| Communications | |
| Consumer Electronics | |
| Automotive | |
| Computer and Computer Peripherals | |
| Others |
| By Country | |||||
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Frequently Asked Questions
What is the current Americas Semiconductor Diode Market size?
The Americas Semiconductor Diode Market is projected to register a CAGR of 2.70% during the forecast period (2024-2029)
Who are the key players in Americas Semiconductor Diode Market?
Central Semiconductor Corp., Diodes Incorporated, Hitachi Power Semiconductor Device Ltd, Infineon Technologies AG and Littelfuse Inc. are the major companies operating in the Americas Semiconductor Diode Market.
What years does this Americas Semiconductor Diode Market cover?
The report covers the Americas Semiconductor Diode Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Americas Semiconductor Diode Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Americas Semiconductor Diode Industry Report
Statistics for the 2024 Americas Semiconductor Diode market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Americas Semiconductor Diode analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
