The Middle East and Africa discrete semiconductors market are expected to grow at the CAGR of 2.92% from the market value of US$341.699 million in 2019 to reach up to US$417.967 million in the year 2026. The growth in the semiconductor market in this region is attributed to the rising demand for power-efficient and high-energy devices in the countries like Egypt, Saudi Arabia, Israel, and UAE.
The discrete semiconductor can perform any single electronic function. They are available as diodes, transistors, and other categories of electronic functions. Based on the category, the discrete semiconductor is used for switching power conversion, surge protection, voltage regulation, etc. The demand for discrete semiconductors is mainly from consumer electronics, automotive, industrial, communication, and other verticals as well. The electronics and communication sectors are expected to hold a significant market share in the discrete semiconductor market. Whereas Saudi Arabia is predicted to dominate the discrete semiconductor market in upcoming years.
The discrete semiconductors are especially used to carry out small electronic functions. Hence, they are widely used in the sectors like electronics, industrial, and communication. The developments in the communication sector among the Middle East and African countries are a driving factor for the discrete semiconductor market in this region. Whereas, rising research and developments in the space sectors also lead to the increasing growth of discrete semiconductors.
Additionally, as the discrete semiconductors are also applicable in the automotive industry, the increasing consumer interest in the automotive, in terms of car demands led to the growth in the discrete semiconductor market in the countries such as UAE, Saudi Arabia, South Africa, and many more. The demand for IGBT and MOSFETs in automobiles and electronics is another leading factor to boost the demand for discrete semiconductors.
Discrete semiconductors are available at a high price. Hence, not all small-scale industries can easily afford it. This is projected to hamper the growth of the discrete semiconductor. Moreover, the rise in developments in technology and advancements in integrated circuits are other factors playing as obstacles in the growth of the discrete semiconductor market.
Saudi Arabia to hold significant market share
Due to growing developments in the communication, automotive, and electronic sector in Saudi Arabia, the demand for discrete semiconductors is accelerated in the country. This demand is expected to grow at the same pace in upcoming years as well. Hence, the market share of Saudi Arabia in the Middle East and Africa Discrete Semiconductor market is predicted to grow up to X.X% in 2026. Nevertheless, the cities like Dubai also propel the automotive and communication sector, thus, UAE is also estimated to hold a significant market share by the year 2026.
The sudden outbreak of the Covid-19 pandemic led many governments of the Middle East and African countries to impose several restrictions on trade, travel, and other industrial sectors. However, the increase in demand for electronics devices during the pandemic, and rising demand for fast and efficient networks led to developments in the communication sector, which has led to high demand for discrete semiconductors in these countries. Such advancements and rising demand for the discrete semiconductor from the industries working on the small electronic functions expect to grow the Middle East and Africa discrete semiconductor market during the forecast period.
|Market size value in 2019||US$341.699 million|
|Market size value in 2026||US$417.967 million|
|Growth Rate||CAGR of 2.92% from 2019 to 2026|
|Forecast Unit (Value)||USD Million|
|Segments covered||Type, End-User, And Country|
|Regions covered||South Africa, Saudi Arabia, Israel, UAE, Others|
|Companies covered||Intel Corporation, Micron Technology Inc, Infineon Technologies AG, Microchip Technology Incorporated, Nxp Semiconductors Nv, Renesas electronics Corporation, Robert Bosch Gmbh, Rohm Co Ltd|
|Customization scope||Free report customization with purchase|
Micron Technology Inc
Infineon Technologies AG
Microchip Technology Incorporated
Nxp Semiconductors Nv
Renesas electronics Corporation
Robert Bosch Gmbh
Rohm Co Ltd
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