North America Power Discrete and Modules Market

Market Introduction

The North America power discrete and modules are used in several other industries, such as telecommunication, automotive, consumer and enterprise, military, defence & aerospace. Power modules are required in many aircraft and defence applications. With rapidly growing aviation & defence sector across the world, demand for respective power modules is anticipated to increase notably in the future. Low adaptability in a few nations of regions may hinder the growth of the power discrete and modules market. However, improvement in the functioning of aircraft electrical systems offers lucrative opportunities for the new variants of power modules with a higher power conversion efficiency. 

During the COVID-19 pandemic, the North American countries have faced so many challenges during their day-to-day operations due to the restrictions imposed by respective governments. The demand for more electronic components increased as several companies started operating remotely. Therefore, in order to operate under automated environment, more deployment of electronic systems and power electronics have been witnessed during the FY 2020. This has driven the demand for power discrete & modules across the countries such as the United States, Canada, and Mexico.

North America Power Discrete and Modules Strategic Insights

Strategic insights for the North America Power Discrete and Modules provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Power Discrete and Modules Report Scope

North America Power Discrete and Modules Regional Insights

The geographic scope of the North America Power Discrete and Modules refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The North America power discrete and modules market in the North America is expected to grow from US$ 5095.06 million in 2021 to US$ 7368.53 Million by 2028; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028. A high voltage direct current (HVDC) electric power transmission system utilizes direct current for transmitting electrical power in contrast with the other common alternating current systems. The system is also known as electrical superhighway or power superhighway. High power IGBT (Insulated Gate Bipolar Transistor) module is one of the crucial components required for the flexible power transfer through a HVDC transmission system. The overhead HVDC power transmission system infrastructure can transmit more power than a high voltage alternating current (HVAC) system. The 3300 V 1500 A power IGBT modules are used in flexible HVDC projects in China and are expected to serve up to almost 30 to 40 years. Thus, the increasing investments in the HVDC system are anticipated to create lucrative opportunities for respective power modules in the future.

Key Market Segments

In terms of type, the power discrete segment accounted for the largest share of the North America power discrete and modules market in 2020.  In terms of application, the consumer electronics segment accounted for the largest share of the North America power discrete and modules market in 2020. In terms of material, the SiC segment accounted for the largest share of the North America power discrete and modules market in 2020. In terms of wafer size, the up to 200 mm segment accounted for the largest share of the North America power discrete and modules market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the North America power discrete and modules market in North America are company websites, annual reports, financial reports, national government documents, and statistical databases, among others. Major companies listed in the report are Infineon Technologies AG, Mitsubishi Electric Corporation, Toshiba Corporation, ON Semiconductor, STMicroelectronics, NXP Semiconductors, Renesas Electronics Corporation, Texas Instruments, ROHM Semiconductors, and Semtech Corporation

Reasons to buy report

• To understand the North America power discrete and modules market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for the North America power discrete and modules markets.
• Efficiently plan M&A and partnership deals in the North America power discrete and modules market by identifying market segments with the most promising probable sales
• Helps to make knowledgeable business decisions from a perceptive and comprehensive analysis of the market performance of various segments for the North America power discrete and modules market.
• Obtain market revenue forecast for market by various segments from 2021-2028 in the North America region.

North America power discrete and modules Market Segmentation 

By Type

• Power Discrete,
• Power Module

By Application

• Industrial,
• Consumer Electronics,
• IT & Telecom,
• Automotive,
• Others.

By Material

• Silicone (Si)
• Silicon Carbide (SiC,)
• and Gallium nitride (GaN)

By Wafer Size

• Up to 200 mm,
• 300 mm

By Country

• North America
  • US
  • Canada
  • Mexico

Companies Mentioned -

• Infineon Technologies AG,
• Mitsubishi Electric Corporation,
• Toshiba Corporation,
• ON Semiconductor,
•  STMicroelectronics,
• NXP Semiconductors,
•  Renesas Electronics Corporation,
•  Texas Instruments,
•  ROHM Semiconductors,
•  Semtech Corporation.