Global Diodes Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Schottky, Zener, Rectifier, ESD, Others), By Industry Vertical (Consumer Electronics, Communication, Automotive, Manufacturing), And By Geography - Forecasts From 2022 To 2027

The global diodes market is projected to grow at a CAGR of 4.26% to reach US$8,400.894 million by 2027, from US$6,273.099 million in 2020.

A diode is a semiconductor device that has two terminals and only conducts electricity in one direction. A diode simply blocks reverse current while the reverse voltage is within the limit range; otherwise, the reverse barrier breaks, and the voltage at which this breakdown occurs is known as the reverse breakdown voltage. The most commonly used diode semiconductor is a crystalline piece of semiconductor material with a p–n junction. It is connected to two electrical terminals. At present diodes are made of silicon along with other semiconductors such as germanium and gallium arsenide. In electronic and electrical circuits, the diode functions as a valve, as it can pass and block the electric flow. Because of their critical relevance in electric circuits, diode demand is expected to expand at a rapid rate due to rising demand. The Asia Pacific area will have a significant market share and will also see significant development potential due to the region's rising semiconductor production.

Increased application in varied industry verticals

Instead of digital circuits, manufacturers in the automobile, electronics, and communication industries are using integrated circuits (ICs) with discrete diodes. Because smaller components have lower parasitic resistors, capacitances, and inductances, discrete components are condensed with sizes in micrometers and millimeters, which leads to improvements in power consumption and speed. However, to successfully build products, producers in end markets should be conscious of the benefits and disadvantages of discrete diodes.

Voltage regulators, reference elements, surge suppressors, accelerated change, and clipper circuits all employ diodes. The implementation of various government efforts on modern distribution networks and generation infrastructure is expected to propel the industry ahead. The International Energy Agency (IEA) estimates that global sales of electric vehicles will reach 6.6 million by 2021. Electric cars accounted for 9% of global vehicle sales. Diodes are utilized in the electric vehicle battery management system's cooling fan drive. The growing popularity of electric vehicles improves the diode market.

Furthermore, the increasing usage of electronic gadgets such as television, mobile platforms, electric cars, and so on propels the diode industry forward.

Low-cost availability and attractive incentives are increasing demand for consumer devices, resulting in the increasingly growing market for diode semiconductors. Furthermore, the top market companies are extensively spending on R&D operations to produce cutting-edge consumer electronics. In June 2022, for instance, Renesas announced its investment in Arduino, an open-source company in a new round of series B funding. As per the agreement, Renesas will be manufacturing a broad range of products that will be available for Arduino’s technology platforms to be used by its worldwide developer community. Moreover, in May 2022, Renesas announced an investment in its Kofu Factory, located in Kai City, Yamanashi Prefecture, Japan. The investment has been planned to enhance its production capacity for power semiconductors. It is done in order to contribute toward decarbonization. As per its plan of action, if the Kofu factory successfully reaches its mass production level, the total production capacity of Renesas’ power semiconductors will double significantly. These factors are also expected to drive market expansion. However, design and steadily growing pricing may limit market expansion. Therefore, all these factors are positively influencing the global diodes market.

Market Key Developments

• In January 2022, Nexperia released a variety of low-current power supply diodes. The 50 A Zener diode is available in three surface-mountable (SMD) package types, ultra-small Discretes Flat No-leads (DFN) packing, and AEC-Q101 certified components, giving customers additional options and flexibility. These diodes are suited for low-bias and transportable battery-powered systems, with a low-test current (50 A) and applications in mobile, wearables, vehicle, and industrial applications.
• In August 2019, Diodes Inc., a producer of application-specific semiconductors, agreed to buy Lite-On Semiconductor Corp., a Taiwan-based supplier of "green" power-related discrete and analog semiconductor devices, to expand its product portfolio. The transaction is a cash-based swap for $428 million. The transaction is projected to be a significant step toward Diodes' strategic growth goal of achieving $2.5 billion in revenue by 2025 as per the company's reports.
• In April 2022, SemiQ, Inc. is pleased to announce the availability of its second-generation Silicon Carbide 1200V 80m Power MOSFET modules, which have been designed in industry-standard SOT-227 packaging. GCMS080B120S1-E1 1200V 80mohm MOSFET with 1200V 10A Parallel Diode and GCMX080B120S1-E1 1200V 80mohm MOSFET without Parallel Diode are the two items. SemiQ's SiC MOSFETs deliver great efficiency to high-performance applications such as electric cars, power supply, and data centers, and are particularly developed and proven to work dependably in harsh conditions. SemiQ's MOSFETs switch quicker and with lower losses than older Silicon IGBTs, allowing system-level benefits such as decreased size, weight, and cooling needs.

Global Diodes Market Scope:

Segmentation

The global diodes market has been analyzed through the following segments:

• By Type
  • Schottky
  • Zener
  • Rectifier
  • ESD
  • Others
• By Industry Vertical
  • Consumer Electronics
  • Communication
  • Automotive
  • Manufacturing
• By Geography
  • Americas
    • USA
    • Others
  • Europe Middle East and Africa
    • Germany
    • France
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Taiwan
    • Others