Schottky Diode Market Size, Share, Opportunities, And Trends By Type (SMD, Screw Mount, Radial Lead), By Application (LNB Mizer, 24GHz Radar, WLAN Detection, Low Barrier Detector), By End-User (Consumer Electronics, Automotives, Telecommunication, Others), And By Geography - Forecasts From 2023 To 2028

The Schottky diode market is expected to witness significant growth during the forecasted period.

A power Schottky diode is a type of diode that is used to convert alternating current to direct current. This conversion procedure is sometimes referred to as rectification. There are several advantages to employing a power Schottky diode over a standard diode, including low turn-on voltage, rapid recovery time, and low junction capacitance. Various aspects boosting the worldwide Schottky diode market include rising industrialization, continual developments and blooming uses of diodes, and increasing consumption of gadgets in emerging nations.

The rising demand from the automotive and communication sectors will expand the market share

The demand for high-power Schottky diodes is beneficial in a variety of sectors, including automotive, electronics, and communications. The requirement for power Schottky diodes in the market will be triggered by the desire for a steady DC supply for a substantial number of electronic devices such as cellphone charges, computers, wireless speakers, inverters, and many others. Furthermore, product launches for such sectors have also generated high demand from them. For instance, in August 2022, Diodes Incorporated announced the addition of a new DC-DC converter to its portfolio of automotive-compliant converters. The DIODESTMAP64060Q is a 600mA synchronous buck converter with a 4.5V to 40V input voltage range. It integrates a 600m high-side power MOSFET and a 300m low-side power MOSFET to provide high-efficiency step-down conversion with little PCB board footprint. The AP64060Q is intended for use in car powertrains, infotainment systems, instrument clusters, and external lighting.

The diverse end-user application in addition to company product launches will boost the market trend in the upcoming years.

Due to the diverse applications of the market in addition to companies launching innovative products, both will directly impact the market revenue in the long run. With such developments around the world, the market is gaining further momentum. For instance, in November 2020, Semtech Corporation, a leading producer of high-performance analogue and mixed-signal semiconductors as well as innovative algorithms, qualified its novel Schottky diode for space applications. JANS1N5822 is Semtech's first Schottky diode designed for space applications. This diode has been introduced to Semtech's line of QPL high-reliability products. Semtech is the second qualified manufacturer for this extremely specialized diode. The novel diode is qualified for MIL-PRF-19500 JANS assurance level and is offered in axial and surface mount (MELF) packages. Additionally, in October 2020, UnitedSiC, a major maker of silicon carbide (SiC) power semiconductors, revealed the addition of four additional Junction Barrier Schottky (JBS) diodes to its FET and JFET transistor products. The UJ3D 1200V and 1700V devices, which have the strongest surge current performance in the market, are part of the company's third generation of SiC Merged-PiN-Schottky (MPS) diodes.

Asia Pacific accounts for a significant amount of market share during the forecast period

The Asia Pacific region is expected to have the fastest growth in the market for electric light commercial vehicles in addition to the growing usage of smartphones. In their electrical and electronic components, these vehicles use a variety of diodes. Similarly, smartphone use and digitization of industrial processes are both increasing in the sector. The Asia-Pacific diodes market is developing due to the requirement for diodes in all electrical items and the rise of smartphones and electronics.

According to the India Cellular and Electronics Association (ICEA), India will have 829 million smartphone users by 2022. Additionally, with the emergence of 5G networks the demand for smartphones is anticipated to rise. With more than 50 cities and towns currently using 5G, India Cellular and Electronics Association (ICEA) predicts that by the end of 2023, 75-80 percent of new smartphone releases will be 5G-enabled.

Meanwhile, according to data from the China Association of Automotive Manufacturers, the country's automobile sales increased 25.7 percent year on year to 2.61 million units in September 2022. According to the same data source, China's automotive output surpassed 2.67 million units last month, a 28.1 percent increase over the same time in 2021.

Market Key Developments

• In January 2023, EliteSiC was launched by Onsemi under its SiC series. At the Consumer Electronics Show (CES) in Las Vegas, the company featured three new members of the EliteSiC family: two 1700 V avalanche-rated EliteSiC Schottky diodes and 1700 V EliteSiC MOSFET. Onsemi provides higher breakdown voltage SiC solutions for high-power industrial applications with the 1700 V EliteSiC MOSFET. The two 1700 V avalanche-rated EliteSiC Schottky diodes enable designers to achieve stable high-voltage operation at increased temperatures while benefiting from SiC's great efficiency.
• In December 2021, Imec, a world-leading research and innovation center in nanoelectronics and digital technologies, presented the high-performance Schottky barrier diodes as well as depletion-mode HEMTs on a p-GaN HEMT based 200 V GaN-on-SOI smart power integrated circuits platform. The incorporation of these components enables the creation of chips with increased functionality and performance, taking monolithically-integrated GaN power ICs to the next level. This accomplishment paves the path for smaller and more powerful DC/DC and Point-of-Load converters.
• In September 2020, Mitsubishi Electric Corporation introduced the second generation of full-SiC (silicon carbide) power modules, which include a newly designed SiC chip for industrial usage. The SiC-MOSFET (metal oxide semiconductor field-effect transistor) and SiC-SBD (Schottky barrier diode) chips in the components are expected to assist the development of more efficient, smaller, and lighter-weight power equipment in a variety of industrial fields due to their low power loss characteristics and high carrier frequency operation1.

Schottky Diode Market Scope:

Segmentation

The Schottky diode market has been analyzed through the following segments:

• By Type
  • SMD
  • Screw Mount
  • Radial Lead
• By Application
  • LNB Mizer
  • 24GHz Radar
  • WLAN Detection
  • Low Barrier Detector
• By End-User
  • Consumer electronics
  • Automotives
  • Telecommunication
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Others