Report : South and Central America Power Discrete and Modules Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type(Power Discrete, and Power Module), Application(Industrial, Consumer Electronics, IT and Telecom, Automotive, and Others) , Material (Silicone , Silicon Carbide, and Gallium nitride ), Wafer Size(Up to 200 mm, and 300 mm )
Power Discrete Segment has the Largest Share of Type in the South and Central America Power Discrete and Modules Market during 2020–2028
According to a new market research study on “South and Central America 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$ 1,270.42 million, by 2028 from US$ 986.45 million in 2021. The market is estimated to grow at a CAGR of 3.7% from 2021 to 2028. The report provides trends prevailing in the South and Central America 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.
In the South and Central America region, Brazil had recorded the highest count of cases of COVID-19, followed by Ecuador, Chile, Argentina, and Peru amongst others. In 2020, the pandemic of COVID-19 led to the disruption of numerous economic activities across the region. For combating the fatal effect of the deadly virus, Governments in South and Central America have taken an array of actions for protecting the people. However, the COVID-19 pandemic has positively affected the semiconductor industry along with the adoption of new technologies across the region as production and sales have witnessed a growth in 2020.
The market for South and Central America is segmented into the type, application, material, wafer size and country. Based on Type, the South and Central America 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, NXP Semiconductors, Texas Instruments, and ROHM Semiconductors. Among the leading companies in the South and Central America 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 South and Central America power discrete and modules market is segmented into type, application, material, wafer size. Based on type, the South and Central America power discrete and modules market is segmented into power discrete, and power module, Based on application, the South and Central America power discrete and modules market is segmented into industrial, consumer electronics, it & telecom, automotive, and others, Based on material, the South and Central America power discrete and modules market is segmented into silicone, silicon carbide, and Gallium nitride. Based on wafer size, the South and Central America power discrete and modules market is segmented into up to 200 mm, and 300 mm. By region, South and Central America power discrete and modules market is segmented into (Brazil, Argentina, and Rest of SCAM).
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