Discrete Power Devices are electronic components used to control and regulate electrical power. They are used to convert electrical energy into another form, such as mechanical or electrical energy. Discrete Power Devices can be used to increase or decrease power or to store power. They are used in a wide range of applications, including consumer electronics, automotive, industrial, telecommunications, and medical systems.
Discrete Power Devices are typically divided into two categories: active and passive devices. Active devices are those that require an input of energy in order to function, such as transistors and integrated circuits. Passive devices, on the other hand, require no input energy, such as resistors and capacitors.
The increasing demand for consumer electronics and automotive applications is driving the market. Additionally, the development of advanced technologies, such as AI and IoT, is also expected to fuel the growth of the market. Furthermore, the rising demand for energy-efficient solutions is another factor projected to propel the growth of the market.
The global Discrete Power Device market was valued at US$ 8851 million in 2022 and is anticipated to reach US$ 11220 million by 2029, witnessing a CAGR of 3.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Discrete Power Device Market available at: https://www.themarketreports.com/report/global-discrete-power-device-market-research-report
This report aims to provide a comprehensive presentation of the global market for Discrete Power Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Discrete Power Device.
Global Discrete Power Device key players include Infineon Technologies, ON Semiconductor, Toshiba, Mitsubishi Electric Corp, etc. Global top four manufacturers hold a share over 35%.
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