The Global Power MOSFET market is forecast to grow at a CAGR of 6.3%, reaching USD 12.1 billion in 2031 from USD 8.9 billion in 2026.
Power MOSFET is one type of MOSFET (metal oxide semiconductor field-effect transistor) that can handle large amounts of power. These MOSFETs perform significantly better than standard MOSFETs in the lower voltage range thanks to their rapid switching. It operates on the same principles as standard MOSFETs. The three most common power MOSFET operating modes are n-channel depletion mode, p-channel depletion mode, and p-channel enhancement mode.
The power MOSFET frequency can reach 100 kiloHertz, which is high. It enables power regulation to increase energy efficiency in several applications, including industrial facilities, consumer goods, and electric cars, in addition to replacing bipolar junction transistors (BJTs) at a cheap cost. It is currently employed in electric devices found in electric mobility and renewable energy sources to quicken switching, stop energy loss, and improve electromagnetic currents.
The EV market will fuel Power MOSFET market growth
The electrification of automobiles and autonomous driving has advanced quickly in response to tighter rules brought on by decarbonization and other environmental concerns, which has, in turn, led to a sharp rise in the number of semiconductors placed in a single vehicle. These semiconductors must have high current and low dissipation to reduce the size of circuits and the number of components by increasing efficiency. Shindengen introduced the AEC-Q101 automotive dependability standard compatible, 40/60V withstand voltage, small, low ON resistance LF Dual Series 2 element power MOSFET to meet this expanding market need in September 2021. Electric vehicles use power MOSFETs more frequently to increase switching efficiency, stop power loss, and enhance electronic signals. Power MOSFET market growth is further fueled by the use of power MOSFET in electric and hybrid electric cars, which improves energy efficiency and better switching frequency.
The expansion of the industrial segment market is being influenced by more emphasis on environmentally friendly energy conservation.
The industry sector is expanding the fastest. It is difficult to generate electricity due to the quick depletion of fossil fuels and the CO2 emissions coming from them. The US Energy Information Administration claims that a significant portion of the country's CO2 emissions come from the electric power industry. About 32% of all CO2 emissions related to energy in the United States in 2021 were produced by electric power sector power plants that used fossil fuels or components manufactured from fossil fuels and certain geothermal power plants. Therefore, it should come as no surprise that energy saving is getting more and more attention.
MOSFETs are often used in industrial applications with low switching frequencies. Thanks to the increased focus on energy efficiency and the use of renewable resources, this industry has become more accessible. Due to their ability to operate with high voltage and current, MOSFETs are the ideal choice for industrial systems. For instance, for industrial applications, such as large capacity power supplies, Toshiba Electronic Devices & Storage Corporation introduced "TW070J120B," a 1200V silicon carbide (SiC) MOSFET, in October 2020. By reducing power loss, the innovative MOSFET will improve the operation of industrial applications such as large-capacity AC-DC converters, solar inverters, and large-capacity bidirectional DC-DC converters.