Market Size of Asia-Pacific Semiconductor Diode Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 2.54 Billion |
Market Size (2029) | USD 2.95 Billion |
CAGR (2024 - 2029) | 3.10 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Semiconductor Diode Market Analysis
The Asia-Pacific Semiconductor Diode Market size is estimated at USD 2.54 billion in 2024, and is expected to reach USD 2.95 billion by 2029, growing at a CAGR of 3.10% during the forecast period (2024-2029).
- Integrated circuits (ICs) containing diodes are becoming increasingly popular among manufacturers in the automotive, electronic, and communication industries. With sizes in the micrometer and millimeter range, discrete components are compact. This improves speed and power consumption due to the lower parasitic resistance, capacitances, and inductances of smaller components. As a result, there is an increasing need for unique and personalized diodes.
- The growing demand for various signals has heightened the need for signal-routing solutions. These solutions necessitate smaller diodes with greater functionality, allowing mobile phone designers to continue pushing for smaller form factors while providing enhanced design features. This technological requirement is propelling the growth of the market studied.
- For instance, in May 2023, the smallest light-emitting diode (LED) made of silicon was produced by researchers from the Singapore-MIT Alliance for Research and Technology (Smart). Even though it is small, this LED can achieve 50 mW/cm2, which is similar to much larger diodes. The emitted light is in the infrared spectrum because its wavelength is about 1,100 nanometers.
- Furthermore, the growing demand for electric vehicles is also driving the growth of the Asia-Pacific semiconductor diode market . For example, the National Electric Mobility Mission Plan (NEMMP) and the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME I and II) programs aided in generating initial interest and exposure to electric mobility. For example, in phase two of FAME, the government announced a USD 1.4 billion investment through 2022. This phase will fund 7,090 e-buses, 500,000 electric three-wheelers, 550,000 electric passenger vehicles, and 1,000,000 electric two-wheelers. Hence, various types of diodes are used in the manufacturing process of EVs.
- The market is being driven by the increasing use of high-power laser diodes in autonomous vehicle technologies. High laser beams, which are converted into white light and directed onto the road via tiny reflectors by the high light density of the laser, are in demand for autonomous vehicles, allowing drivers to see 600 metres ahead of them (about double the distance possible with previous LED high beams).
- However, manufacturers must constantly upgrade their products in design, power consumption, processing power, and user interface to gain a significant market share. Companies incur substantial initial costs to achieve the specifications mentioned above in their products. Providing higher functional products at lower prices is difficult in this market because a product in this segment always requires an upgrade before reaching economies of scale.
Asia-Pacific Semiconductor Diode Industry Segmentation
A diode is an electronic component with ideally zero resistance to current in one direction compared to ideally infinite resistance in the other. It acts as a valve with different applications depending on the property or type of diode used in the circuit. There are different types of diodes, including power diodes, small signal diodes, and radiofrequency and microwave diodes. These electronic components are used across all electronic devices across various industries, such as communication, consumer electronics, automotive, and computer and computer peripherals.
The Asia-Pacific semiconductor diode market is segmented by type (Zener diode, Schottky diode, laser diode, light emitting diode, small signal diode, and other types), end-user industry (communications, consumer electronics, automotive, computer and computer peripherals and other end-user markets), and country (China, Japan, India, South Korea, and Rest of Asia-Pacific). The report offers market forecasts and size in value (USD) for all the above segments.
By Type | |
Zener Diodes | |
Schottky Diodes | |
Laser Diodes | |
Light Emitting Diode | |
Small Signal Diode | |
Other Types |
By End-user Industry | |
Communications | |
Consumer Electronics | |
Automotives | |
Computer and Computer Peripherals | |
Other End-user Industries |
By Country | |
China | |
Japan | |
India | |
South Korea |
Asia-Pacific Semiconductor Diode Market Size Summary
The Asia-Pacific semiconductor diode market is poised for steady growth, driven by the increasing integration of diodes in various industries such as automotive, electronics, and communications. The demand for compact and efficient diodes is rising, particularly due to the need for signal-routing solutions in mobile devices and the growing adoption of electric vehicles. Technological advancements, such as the development of miniature light-emitting diodes by researchers, are further propelling market expansion. The market is also witnessing a surge in the use of high-power laser diodes in autonomous vehicles, which require advanced lighting solutions. However, manufacturers face challenges in maintaining competitive pricing while continuously upgrading product features to meet evolving industry standards.
The market landscape in the Asia-Pacific region is semi-fragmented, with numerous small and large players contributing to the competitive environment. Key companies are focusing on product innovation, strategic partnerships, and mergers to enhance their market position. The increasing demand for consumer electronics, coupled with stringent government regulations on vehicle emissions, is expected to drive the market for small signal diodes. Initiatives such as the Thai government's EV action plan and Japan's subsidies for electric vehicles are anticipated to further boost market growth. Additionally, the rapid deployment of 5G networks and the rise of IoT applications are expected to increase the demand for diodes, particularly in smart transport and assisted driving technologies.
Asia-Pacific Semiconductor Diode Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porters Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Buyers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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1.4 Assessment of Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Zener Diodes
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2.1.2 Schottky Diodes
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2.1.3 Laser Diodes
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2.1.4 Light Emitting Diode
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2.1.5 Small Signal Diode
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2.1.6 Other Types
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2.2 By End-user Industry
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2.2.1 Communications
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2.2.2 Consumer Electronics
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2.2.3 Automotives
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2.2.4 Computer and Computer Peripherals
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2.2.5 Other End-user Industries
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2.3 By Country
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2.3.1 China
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2.3.2 Japan
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2.3.3 India
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2.3.4 South Korea
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Asia-Pacific Semiconductor Diode Market Size FAQs
How big is the Asia-Pacific Semiconductor Diode Market?
The Asia-Pacific Semiconductor Diode Market size is expected to reach USD 2.54 billion in 2024 and grow at a CAGR of 3.10% to reach USD 2.95 billion by 2029.
What is the current Asia-Pacific Semiconductor Diode Market size?
In 2024, the Asia-Pacific Semiconductor Diode Market size is expected to reach USD 2.54 billion.