Bipolar Junction Transistor Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (PNP Transistors, NPN Transistors, Heterojunction Transistors), By End-User (Energy & Power, Consumer Electronics, Electric Vehicles, Others), And By Geography - Forecasts From 2023 To 2028

Market Overview:

A bipolar junction transistor (BJT) functions like a current-controlled switch by controlling the enormous current that flows through them from the emitter to the collector terminals following the amount of biassing electrical energy applied to its base terminal. A bipolar transistor's main job is to regulate and control the current flowing through any device. Cell phones, radio transmitters, televisions, computers, audio amplifiers, and industrial control systems are just a few of the electronic devices and equipment where these transistors are used. Bipolar transistors primarily improve the functionality and performance of switches and other electronic devices. They also have a wide range of industrial applications that include various types of operational equipment, which has a significant impact on the market growth rate. The combination of all these essential qualities with the bipolar transistor is greatly fostering the market's expansion. Electronics System Design and Manufacturing (ESDM), the sector of the global economy with the fastest rate of growth, keeps transforming people's lives, companies, and economies. According to National Investment Promotion and Facilitation Agency In 2020, the market for electronic gadgets was worth $2.9 Tn (Source: investindia.gov.in). The increased uptake of electronic devices is being driven by technological changes like the introduction of 5G networks and IoT. The growing demand for high-end, technologically advanced consumer electronics products is one of the industry's primary drivers.

Growth factors:

The employment of BJTs in the automobile industry will aid market expansion.

The world has transformed due to electronics, and the automobile is not an exception. With the inclusion of electrical and electronic equipment, vehicles have seen a significant transformation throughout time. Modern automobiles make extensive use of BJT. All kinds of devices, including fuel injectors, ignition coils, VCT control solenoids, purge control solenoids, transmission solenoids, HVAC doors, lights, etc., are turned on using these devices. For instance, With the announcement of nine new power bipolar transistors in July 2021, Nexperia, a leader in critical semiconductors, expanded its line of products in the thermally and electrically advantageous DPAK package to address applications ranging from 2 A to 8 A and from 45 V to 100 V. The new MJD series components are pin-to-pin compatible with other MJD devices in the DPAK package and offer significant reliability enhancements. The bipolar transistors are suitable for a variety of uses, including motor drives, MOSFET drivers, relay replacement, linear voltage regulators, backlight dimming in LCDs, and LED car illumination. These transistors are also utilized to configure the logic in each module of the vehicle. To enable the program to govern the system, the module program interacts with the hardware's logic states. Therefore, a wide range of use cases will enhance the growth of the market.

Technological advancement in the sector will remove design constraints

One of the main market restraints that could prevent the market from expanding throughout the forecast period is design complexity. However, bipolar junction transistor research is creating a ton of new prospects for lab, medical, and automotive equipment, which could fuel market development shortly. For instance, in June 2022 German researchers created the first high-performance vertical bipolar organic transistor, paving the way for the creation of adaptable organic logic architectures. Based on crystalline layers of n- and p-type doped rubrene, the Dresden team created organic bipolar junction transistors (OBJT). These films are created directly on the surface of a substrate, unlike typical furnace-grown single crystals, and are hence suitable for mass manufacturing. Similar to this, technological development in a variety of end-use industries and growing research in the area of bipolar transistors are expanding the range of applications for these devices and creating a wealth of new business opportunities that will fuel the bipolar transistor market's expansion.

Key Developments:  

• November 2022: Ideal Power Inc., the company that pioneered the development and commercialization of the highly efficient and widely patented B-TRAN bidirectional semiconductor power switch, announced a product development agreement with a top ten global carmaker. According to the terms of the agreement, Ideal Power will collaborate with this automaker's advanced technology research team to create a custom B-TRAN power module for use in electric vehicle (EV) drivetrain inverters in its next-generation EV platform.
• August 2022: Ideal Power Inc. announced the delivery of initial Bidirectional, Bipolar Junction Transistor (B-TRANTM) devices to Diversified Technologies, Inc. (DTI) under a contract awarded by the United States Naval Sea Systems Command (NAVSEA) to DTI to develop and demonstrate a B-TRAN enabled high-efficiency 12kV medium voltage direct current (MVDC) circuit breaker. These initial devices will be characterized and tested to support DTI's breaker design work prior to subsequent device deliveries for integration into a full-scale MVDC circuit breaker.
• August 2021: Global electronic components distribution Mouser Electronics and PANJIT International Inc. established a global distribution partnership. High-voltage, E-type transient voltage suppressor (TVS) that satisfies automotive standards, silicon carbide (SiC) Schottky barrier diodes, power MOSFETs assembled in low-profile packages, Zener diodes, ESD protection, and Bipolar Junction Transistors are all included in the PANJIT product category on Mouser.

Covid-19 Impact on the Bipolar Junction Transistor Market

COVID-19 has led to unrest in the stock market, a halt in a key supply chain, a drop in consumer confidence, and an increase in customer segment concern. The general pandemic has impacted semiconductor and electronics production operations, among other industries. Trade restrictions limit the possibility of demand-supply further. COVID-19 has resulted in production delays, cost increases, and revenue declines in the market for bipolar transistors. COVID-19 has had a substantial effect on the global bipolar transistor market. New initiatives that would have greatly increased demand for bipolar transistors have stopped all around the world. Thus, in 2020, the market's growth rate was slower than it had been before COVID-19. BJTs demand resumed to pre-pandemic levels when lockdown limitations were eased. Hence the growth will increase in the forecasted period.

Bipolar Junction Transistor Market Scope:

Segmentation:

• By type
  • PNP Transistors
  • NPN Transistors
  • Heterojunction Transistors
• By end-user
  • Energy & Power
  • Consumer Electronics
  • Electric Vehicles
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Others