WASHINGTON, July 08, 2022 (GLOBE NEWSWIRE) -- Vantage Market Research’s recent analysis of the Global Power Schottky Diode Market finds that increasing demand for consumer electronics, telecommunication and surge in demand for power Schottky Diode in automotive industries, are some major parameters that are responsible for the growth of the Power Schottky Diode Market in recent years. Additionally, rise in industrialization, consistent advancements, the rapid increase in diode applications and the wide scale adoption of gadgets in the developing countries is further propelling the market growth.
The total Global Power Schottky Diode Market is estimated to reach USD Billion by the year 2028 and the Market is projected to grow exhibiting a Compound Annual Growth Rate (CAGR) of 5.2%, states Vantage Market Research, in a report, titled “Power Schottky Diode Market Size, Share & Trends Analysis Report by Product Type (Lead Type, Surface Mount Package), by Industry Vertical (Consumer Electronics, Telecommunication, Automotive, Others), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)”. The Global Power Schottky Diode Market stood at a revenue of USD Billion in the year 2021.
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Market Dynamics:
Drivers:
Increasing Demand for Consumer Electronics and Telecommunication
The consumer electronics sector has witnessed steel growth for the past few years. This growth is attributed to factors such as increasing distribution channels, an increasing working population, which is leading to a surge in demand for products such as mobile phones, laptops, among others. According to India Cellular & Electronics Association, India is expected to reach 829 million smartphone users. This, combined with the widespread reach of hybrid feature phones, has the potential to ensure that every citizen of India is connected through a mobile device in the next 3 to 4 years.
Power schottky diode is used in the manufacturing of such products. Thus, increasing demand for these products is anticipated to drive the market growth over the forecast period.
Key Insights & Findings from the Report:
- According to our primary respondents’ research, the Power Schottky Diode market is predicted to grow at a CAGR of roughly 5.2% during the forecast period.
- The Power Schottky Diode market was estimated to be worth roughly USD Billion in 2021 and is expected to reach USD Billion by 2028; based on primary research.
- On the basis of region, Asia Pacific projected to dominate the worldwide Power Schottky Diode market.
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Segmentation of the Global Power Schottky Diode Market:
- Product Type
- Lead Type
- Surface Mount Package
- Industry Vertical
- Consumer Electronics
- Telecommunication
- Automotive
- Others
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Mounting Automotive Industry
Nowadays, the working population across the globe, urbanization as well as industrialization are increasing swiftly. This is increasing the need for transportation for people as well as for trade. Thus, the demand for vehicles is increasing swiftly across the globe. According to the report published by India Brand Equity Foundation (IBEF), India’s annual production of automobiles in FY21 was 22.65 million vehicles, and 13 million vehicles were produced between April-October 2021. Thus, mounting demand for vehicles is increasing demand for the power Schottky Diode and is anticipated to drive the market growth over the forecast period.
COVID-19 Impact Analysis:
The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the electronics industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:
- Impact Assessment of COVID-19 Pandemic
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Long Term Dynamics
- Short Term Dynamics
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The Report on Power Schottky Diode Market Highlights:
- Assessment of the market
- Premium Insights
- Competitive Landscape
- COVID Impact Analysis
- Historic Data, Estimates and Forecast
- Company Profiles
- Global and Regional Dynamics
Regional Analysis:
North America Holds Maximum Market Share
North America accounted to have maximum growth for the Power Schottky Diode Market in 2021. This surge is attributed to factors such as presence of major players in the region as well as increasing investment.
List of Prominent Players in the Power Schottky Diode Market:
- Infineon Technologies AG
- MACOM Technology Solutions
- Toshiba Corporation
- Semiconductor Corp.
- Microsemi Corp.
- NXP Semiconductors
- Sem tech Corporation
- ST Micro electrics
- Shindengen Electric Manufacturing Company Ltd.
- ABB Ltd.
- ON Semiconductor
- Diodes Incorporated
- ROHM Semiconductor
- Central Semiconductor Corp.
- Hitachi Power Semiconductor Device Ltd.
- IXYS Corporation Panasonic Corporation
- Vishay Inter technology Inc.
Browse market data Tables and Figures spread through 143 Pages and in-depth TOC on "Power Schottky Diode Market Size, Share & Trends Analysis Report by Product Type (Lead Type, Surface Mount Package), by Industry Vertical (Consumer Electronics, Telecommunication, Automotive, Others), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)" View detailed Research Report here - https://www.vantagemarketresearch.com/press-release/power-schottky-diode-market-614912
Recent Developments:
November, 2020: Diodes Incorporated Completes Acquisition of Lite-On Semiconductor Corporation.
Key questions answered in the report:
- Which regional market will show the highest and rapid growth?
- Which are the top five players of the Power Schottky Diode Market?
- How will the Power Schottky Diode Market change in the upcoming six years?
- Which application and product will take a lion’s share of the Power Schottky Diode Market?
- What is the Power Schottky Diode market drivers and restrictions?
- What will be the CAGR and size of the Power Schottky Diode Market throughout the forecast period?
This market titled “Power Schottky Diode Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:
| Parameter | Details |
| Market Size Provided for Years | 2016-2028 |
| Base Year | 2021 |
| Historic Years | 2016-2020 |
| Forecast Years | 2022-2028 |
| Segments Covered | • Product Type • Lead Type • Surface Mount Package • Industry Vertical • Consumer Electronics • Telecommunication • Automotive • Others • Region • North America • Europe • Asia Pacific • Latin America • Middle East & Africa |
| Region & Counties Covered | • North America • U.S. • Canada • Mexico • Europe • U.K • France • Germany • Italy • Spain • Rest Of Europe • Asia Pacific • China • Japan • India • South Korea • South East Asia • Rest Of Asia Pacific • Latin America • Brazil • Argentina • Rest Of Latin America • Middle East & Africa • GCC Countries • South Africa • Rest Of Middle East & Africa |
| Companies Covered | • Infineon Technologies AG • MACOM Technology Solutions • oshiba Corporation • Semiconductor Corp. • Microsemi Corp. • NXP Semiconductors • Semtech Corporation • STMicroelectrics • Shindengen Electric Manufacturing Company Ltd. • ABB Ltd. • ON Semiconductor • Diodes Incorporated • ROHM Semiconductor • Central Semiconductor Corp. • Hitachi Power Semiconductor Device Ltd. • IXYS Corporation Panasonic Corporation • Vishay Intertechnology Inc |
| Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
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