What is the current Field Effect General Purpose Transistors Market size?

The Field Effect General Purpose Transistors Market is projected to register a CAGR of 4.87% during the forecast period (2024-2029) Read More

Who are the key players in Field Effect General Purpose Transistors Market?

NEXPERIA B.V. , Infineon Technologies AG, Vishay Intertechnology, Inc., Taiwan Semiconductor Manufacturing Company Ltd and STMicroelectronics International N.V. are the major companies operating in the Field Effect General Purpose Transistors Market. Read More

Which is the fastest growing region in Field Effect General Purpose Transistors Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Field Effect General Purpose Transistors Market?

In 2024, the Asia-Pacific accounts for the largest market share in Field Effect General Purpose Transistors Market. Read More

What years does this Field Effect General Purpose Transistors Market cover?

The report covers the Field Effect General Purpose Transistors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Field Effect General Purpose Transistors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Field Effect General Purpose Transistors Market Trends

Market Trends of Field Effect General Purpose Transistors Industry

This section covers the major market trends shaping the Field Effect General Purpose Transistors Market according to our research experts:

Rising Demand for High-energy and Power-efficient Devices in the Automotive Industry

As the automobile industry has increasingly used electronic components and systems in recent years to make cars that are lighter in weight and achieve fuel efficiency, the use of electronic control units (ECUs) has advanced. The transition from power steering systems that use conventional oil pressure control to DC motors that use ECU and similarly in transitioning halogen bulbs to discharge bulbs that now use electronic ballast devices are also making the MOSFETs market grow because MOSFETs are used as the switching device in ECUs. Additionally, the trend of hybrid, electric, and fuel-cell vehicles indirectly makes the field-effect general-purpose transistor market grow.
In May 2022, Magnachip Semiconductor Corporation (Magnachip) announced that the company had released a new 40V general-purpose Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) to control Brushless Direct Current (BLDC) motor for automotive applications.
With the increased adoption of Electric vehicles and Hybrid vehicles, automotive is one of the rising segments of the Field Effect General Purpose Transistor industry. It is expected to have a significant share in the market. Innovations like autonomous car technology, regenerative braking, and the integration of various sensors have raised the demand for Field-Effect General Purpose Transistors.
Additionally, government rules requiring advanced driver assistance systems (ADAS) have supported the segment's growth. Electronic components in the automobile sector are vital for safety and are exposed to high voltages and extreme conditions. Manufacturers have responded by creating a new range of Field Effect General Purpose Transistors for automotive applications.
Further, in May 2022, in Mexico, BMW planned to add electric vehicles. BMW is investing one billion USD in Mexico, and the assembly factory could become the automaker's next exclusive electric car manufacturing facility. The increase in the manufacturing of electric cars boosts the studied market.

Field Effect General Purpose Transistor Market - Automobile Production, In Millions, Germany, 2016 - 2021

Understand The Key Trends Shaping This Market

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Asia-Pacific is Expected to Account for a Significant Market Share

Asia-pacific is one of the important markets for field-effect general-purpose transistors because of the region's developing economy. China, Japan, South Korea, and India are the major stakeholders in this growing market. An increase in demand for consumer electronics, electric vehicles, smart devices, and wearables in the region is driving the growth of the studied market.
In addition, the Make in India program has attracted many global electronics companies to set up manufacturing plants in India. The Indian government confirmed it had received proposals from five companies to establish electronic chip and display manufacturing plants with an investment of INR 1.53 trillion. This will make India a global producer of transistors-embedded electronic chips. By this, the transistor market will grow in the APAC region.
In December 2021, the ROHM group announced a new production facility at its manufacturing subsidiary in Malaysia called RWEM to increase the production capacity of analog LSIs and transistors due to growing demands. The construction of the new building will increase the overall production capacity of RWEM by approximately 1.5 times.
Further, in December 2020, MagnaChip Semiconductor Corporation announced eight new 700V and 800V series high-voltage general-purpose Super Junction Metal Oxide Semiconductor Field Effect Transistors (SJ MOSFETs), featuring high performance and efficiency and optimized for TV, LED lighting, and fast charger applications.
Moreover, in April 2022, the central government of India has allocated Rs 14,000 crore for the next 3-4 years amid an expected healthy electric vehicle (EV) penetration in the country. Further, the government has proactively amended guidelines for charging infrastructure development. This will create a positive impact on the studied market to grow because of the need for electronic devices in the infrastructural development for EV service stations.