Power Discrete Segment has the Largest Share of Type in the Middle East and Africa Power Discrete and Modules Market during 2020–2028 

According to a new market research study on “Middle East and Africa Power Discrete and Modules Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Application, Material, Wafer Size, and Country” is expected to reach US$ 1,001.22 million by 2028 from US$ 739.38 million in 2021. The market is estimated to grow at a CAGR of 4.4% from 2021 to 2028. The report provides trends prevailing in the Middle East and Africa Power Discrete and Modules market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to increase in demand for power electronic modules across various industries and growing requirement for SiC-based power devices are the key factors driving the market growth. However, the market is expected to experience slow growth during the forecast period owing to limited availability of gallium nitride (GaN) material.

The UAE, Morocco, Saudi Arabia, Kuwait, and Egypt are some of the key countries which faced the economic ill effects of COVID-19 in the Middle East and Africa region in 2020. In the Middle East and Africa region, various sectors such as automotive, healthcare industry, consumer electronics, retail, food & beverage, and industrial manufacturing along with many small and medium-sized enterprises (SMEs) faced difficulties in running their businesses. The impact of the COVID-19 pandemic on the Middle East and African power discrete and modules market is inevitable, as it affected almost every other industry in the market. 

The market for Middle East and Africa is segmented into the type, application, material, wafer size and country. Based on Type, the Middle East and Africa power discrete and modules market is segmented into power discrete and power module. Power discrete are important components in circuits intended to lengthen the battery life in portable electronics. In 2021, the power discrete segment accounted for a larger revenue share during the forecast period. However, the power module segment is estimated to register the highest CAGR during the forecast period.

Infineon Technologies AG, Mitsubishi Electric Corporation, Toshiba Corporation, ON Semiconductor, STMicroelectronics, NXP Semiconductors, and Texas Instruments. Among the leading companies in the Middle East and Africa Power Discrete and Modules market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The market for Middle East and Africa Power Discrete and Modules market is segmented into type, application, material, wafer size. Based on type, the Middle East and Africa power discrete and modules market is segmented into power discrete, and power module, Based on application, the Middle East and Africa power discrete and modules market is segmented into industrial, consumer electronics, it & telecom, automotive, and others, Based on material, the Middle East and Africa power discrete and modules market is segmented into silicone, silicon carbide, and Gallium nitride. Based on wafer size, the Middle East and Africa power discrete and modules market is segmented into up to 200 mm, and 300 mm. By region, Middle East and Africa power discrete and modules market is segmented into (Saudi Arabia, UAE, South Africa, and Rest of MEA).

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