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Automotive MOSFET Market Size Expected to Reach USD $1.7 Billion with CAGR of 6.2% by 2030 – IndustryARC

Oct 12, 2023 1:00 AM ET

Automotive MOSFET Market Size Expected to Reach USD $1.7 Billion with CAGR of 6.2% by 2030 – IndustryARC

Automotive MOSFET Market size is estimated to reach $1.7 Billion by 2030, growing at a CAGR of 6.2% during the forecast period 2023-2030. Increasing power demand in the Automotive sector means higher current levels must be drawn from the standard Automotive supply. This results in a higher demand for competent and efficient Automotive MOSFETs. Rising stringent legislation focused on controlling CO2 emissions places the Automotive MOSFET market in a positive landscape. Automotive MOSFET – By  Voltage Range (Low Voltage Automotive MOSFET, Medium Voltage Automotive MOSFET, High Voltage Automotive MOSFET), By Product Type (P- Channel Automotive MOSFET, N- Channel Automotive MOSFET, N+ P- Channel Automotive MOSFET), By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), By Application (Motor Drive, Power Windows and Mirrors, Fuel Injection, Braking Systems, Electric Power Steering(EPS),Fans and Pumps, Current Regulators, Power Distribution, On-Board Battery Chargers, Air Conditioning, Others),  By Geography – Global Opportunity Analysis & Industry Forecast, 2023-2030.

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Fastest Growth of South America Region

Geographically, in the global Automotive MOSFET share, South America is analyzed to grow with the highest CAGR of 9.5% during the forecast period 2023-2030. South America region dominated the global automotive MOSFETs market in 2021 and is expected to continue its dominance over the forecast period. Government reports and policies related to the automotive industry in South American countries. Government incentives, regulations, and trade agreements can significantly impact the industry’s growth.

Automotive MOSFET   2023-2030: Scope of the Report

Report Metric

Details

Base Year Considered

2022

Forecast Period

2023–2030

CAGR

6.2%

Market Size in 2030

$1.7 Billion

Segments Covered

Voltage Range, Product Type, Vehicle Type, Application, and Region

Geographies Covered

North America (U.S., Canada, and Others), Europe (Germany, France, UK, Italy, Spain, Netherlands, Belgium, Russia, Poland, Czechia, Sweden, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific)

South America (Brazil, Argentina, Chile, Colombia, and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. Infineon Technologies
  2. Toshiba
  3. STMicroelectronics
  4. Nexperia
  5. ON Semiconductor
  6. Vishay
  7. ROHM
  8. Diodes
  9. Renesas
  10. Panasonic

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Automotive MOSFET Report – Key Takeaways:

  • The Increasing Demand for Energy-Efficient Vehicles

As global awareness of environmental concerns and sustainability increases, there is a higher demand for energy-efficient vehicles. MOSFETs play a crucial role in enhancing the energy efficiency of vehicles. These semiconductor devices are used in various parts of a vehicle’s electrical and electronic systems, such as powertrain control, battery management, electric motors, and advanced driver assistance systems (ADAS). MOSFETs enable efficient power management, switching, and control, which are essential for optimizing energy usage and reducing losses. This is influencing the development and innovation in MOSFET technology to cater to the specific requirements of electric and hybrid vehicle applications.

  • The Growing Number of Electric and Hybrid Vehicles

The increasing adoption of electric and hybrid vehicles is profoundly impacting the Automotive MOSFETs (Metal-Oxide-Semiconductor Field-Effect Transistors) market. The automotive industry is experiencing a notable surge in the adoption of electric and hybrid vehicles. These vehicles offer reduced emissions, improved fuel efficiency, and enhanced sustainability, aligning with the global push for cleaner transportation alternatives. They play a pivotal role in battery management systems, ensuring efficient charging, discharging, and overall battery performance.

According to the Automotive MOSFET forecast,The demand for high-performance MOSFETs with features like low on-resistance, high-speed switching, and enhanced thermal management is driving technological advancements in MOSFET design and manufacturing. The expanding market for electric and hybrid vehicles is contributing to the overall growth of the Automotive MOSFETs market, creating opportunities for innovation and business expansion.

  • Challenges in Optimizing MOSFET Design and Manufacturing with Wide Bandgap Materials.

The integration of wide bandgap materials, such as silicon carbide (SiC) and gallium nitride (GaN), into power electronics presents a set of challenges when it comes to refining the design and manufacturing processes for MOSFETs that utilize these materials. Although SiC and GaN offer advantages like enhanced efficiency and elevated temperature capabilities, the utilization of these materials introduces intricate aspects in terms of their fabrication and seamless integration.

  • Government Regulation for Emission and Fuel Efficiency to Foster Market Growth of the Automotive MOSFETs Market

The growth potential for the Automotive MOSFETs market is substantial due to the continued strengthening of emission and fuel efficiency regulations. As governments worldwide tighten these regulations, automakers will increasingly rely on MOSFETs and other advanced electronics to meet their compliance requirements. Government regulations targeting emission reduction and fuel efficiency are driving automakers to adopt technologies like MOSFETs that play a pivotal role in achieving these goals. This, in turn, is contributing to the growth of the Automotive MOSFETs market as it aligns with the industry’s push toward cleaner and more efficient vehicles.

  • Increasing Demand for Advanced Vehicle Control and Combustion Technology Drive the Demand for Automotive MOSFET

The increasing demand for advanced vehicle control and combustion technology is indeed a significant driver for the demand for Automotive MOSFETs (Metal-Oxide-Semiconductor Field-Effect Transistors). MOSFETs play a crucial role in modern automotive electronics, particularly in power train control and various vehicle systems.

As vehicles become more connected and feature-rich, MOSFETs are used in infotainment systems, navigation, and connectivity components. These systems require power management and efficient signal processing, where MOSFETs are employed. The transition toward electric and hybrid vehicles has accelerated the demand for MOSFETs. These vehicles rely heavily on power electronics to control electric motors, inverters, and battery management systems. MOSFETs are vital components in these systems due to their ability to efficiently switch high currents.

  • Overcoming Thermal Management Hurdles for Automotive MOSFETs.

The Overcoming thermal management challenges for automotive MOSFETs is crucial to ensure their reliable and efficient operation in the demanding conditions of a vehicle’s engine compartment and power train. Excessive heat can degrade MOSFET performance and lead to premature failure Conduct thermal simulations and analysis during the design phase to identify potential hotspots and optimize the placement of MOSFETs and heat sinks. MOSFETs are essential components for power electronics in automotive applications, but they generate heat during operation, which, if not managed effectively, can lead to decreased efficiency and premature failure.

One key strategy for addressing thermal challenges is the design and integration of efficient heat sinks. Heat sinks should be carefully engineered to dissipate heat away from the MOSFETs effectively. This involves considerations such as size, shape, and material selection. To ensure efficient heat transfer, it’s essential to establish proper thermal coupling between the MOSFETs and the heat sinks, typically accomplished using thermal interface materials like thermal grease or pads.

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Key Opportunity Analysis:

Improved Battery Management in EVs Gives Rise to Automotive MOSFETs

The quest for faster charging times and improved battery management in EVs has placed a spotlight on Automotive MOSFETs. These components are used in charging systems, where they facilitate the conversion of alternating current (AC) from the charging station to direct current (DC) for battery charging. MOSFETs contribute to minimizing energy losses during this conversion process, enhancing charging efficiency and reducing the time required to charge the vehicle. MOSFETs contribute to the safety and reliability of vehicles by enabling precise control of critical systems such as airbags, anti-lock braking systems (ABS), and stability control.

The Growing Popularity of Autonomous Cars in the Automotive

The escalating popularity of autonomous cars is a pivotal trend within the automotive market, driving significant transformations in vehicle technology and consumer preferences. Autonomous cars, often referred to as self-driving or driverless vehicles, represent a revolutionary shift in how vehicles are operated and navigated. This trend is characterized by vehicles equipped with advanced sensors, cameras, radar, lidar, and artificial intelligence (AI) systems that enable them to perceive their surroundings and make decisions without human intervention.

Government Regulation for Emission and Fuel Efficiency to Bolster Market Growth of the Automotive MOSFETs Market

The growth potential for the Automotive MOSFETs market is substantial due to the continued strengthening of emission and fuel efficiency regulations. As governments worldwide tighten these regulations, automakers will increasingly rely on MOSFETs and other advanced electronics to meet their compliance requirements.

In conclusion, government regulations targeting emission reduction and fuel efficiency are driving automakers to adopt technologies like MOSFETs that play a pivotal role in achieving these goals. This, in turn, is contributing to the growth of the Automotive MOSFETs market as it aligns with the industry’s push toward cleaner and more efficient vehicles.

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The Report also Covers the Following Areas:

  • Automotive MOSFET Size and Forecast
  • Automotive MOSFET Trends

Automotive MOSFET   2023-2030: Key Highlights

  • CAGR of the market during the forecast period 2023-2030
  • Value Chain Analysis of key stakeholders
  • Detailed analysis of market drivers and opportunities during the forecast period
  • Automotive MOSFET size estimation and forecast
  • Analysis and predictions on end users’ behavior and upcoming trends
  • Competitive landscape and Vendor market analysis including offerings, developments, and financials
  • Comprehensive analysis of challenges and constraints in the Automotive MOSFET

Covid and Ukrainian Crisis Impact:

  • The COVID-19 epidemic, which had an impact on numerous industries, The automotive industry, like many other sectors, experienced disruptions in its supply chain due to lockdowns, restrictions, and reduced workforce. This could have potentially led to delays in the production of vehicles, including those equipped with MOSFETs. With the pandemic leading to economic uncertainty and changes in consumer behavior, there might have been shifts in the demand for automobiles. This could have influenced the demand for MOSFETs used in various automotive applications, such as powertrains, infotainment, and advanced driver assistance systems (ADAS). Many automakers temporarily halted production to ensure the safety of their employees and adhere to lockdown measures. This could have had a direct impact on the procurement of MOSFETs for vehicle manufacturing.
  • Political and geopolitical occurrences have the potential to introduce uncertainty across worldwide markets. This uncertainty can cast an impact on trade relationships and supply chains. In the context of the Automotive MOSFETs market, this unpredictability might affect the accessibility of essential raw materials, the manufacturing process, and the distribution of crucial automotive components, including MOSFETs. If the Ukraine crisis were to cause fluctuations in energy markets, this could indirectly reverberate through various industries. In the case of the Automotive MOSFETs market, any significant alterations in energy costs could influence the overall manufacturing expenses. This, in turn, might impact the availability and pricing of products, potentially including MOSFETs. The emergence of trade tensions stemming from geopolitical events can lead to disruptions in the global supply chain. For the Automotive MOSFETs market, these disruptions might have implications on the availability of components necessary for manufacturing. In this scenario, the production and subsequent supply of MOSFETs for automotive applications could potentially be impacted.

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List of Key Market Players in Automotive MOSFET:

The key companies profiled in the Automotive MOSFET Report are listed below:

  • Infineon Technologies
  • Toshiba
  • STMicroelectronics
  • Nexperia
  • ON Semiconductor
  • Vishay
  • ROHM
  • Diodes
  • Renesas
  • Panasonic
  • Fuji Electric Co., Ltd.
  • Alpha & Omega Semiconductor
  • Fairchild
  • ABB
  • Semikron

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Electric Vehicle Market Growing awareness towards reduction of harmful emission and fuel efficiency is significantly driven by the global electric vehicle market during the forecast period 2023-2030.

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