Increasing demand for better and high-performance electronic devices is driving the growth of the discrete diodes market

 

Discrete Diodes Market

Discrete Diodes are used for a variety of purposes and are used in many different applications, but they are most commonly used to protect confidential information such as financial and personal data. They are also used for authentication at the front end of networks such as ATMs and point of sale terminals and can prevent hacking or tampering with the data that is being passed between systems. Most devices that are discrete consist of an IC built into a circuit that produces the signal required to unlock the door or screen of a lock or other protected device.

Growing demand for the product from end-user industries such as automobile, communication, and electronic industries is propelling the growth of the discrete diodes market. Expanding the consumer electronic market is one of the key factors supporting the growth of the discrete diodes market. Also, increasing demand for better and high-performance electronic devices is again fostering the growth of the market. This encouraging marketer to upgrade their products in terms of power consumption, processing, design, and user interface. The growing use of this product in LED driver solutions and other applications such as load switches, voltage regulators, and transistors is further projected to propel the growth of the discrete diodes market.

The Asia Pacific is projected to gain significant growth over the forecast period and this is attributed to the increasing demand for electronic products in the region. According to The ASEAN., the electronics sector accounts for 20% to 50% of the total value of exports of most countries in Asia. High quantities of the world’s consumer electronics like televisions, radios, computers, and cellular phones come from the ASEAN region. More than 80% of the world’s hard drives are made in ASEAN

Key Developments:

1.      In August 2019, Diodes Incorporated announced the companies have entered into an agreement with Lite-On Semiconductor Corporation that provides for the acquisition of LSC by Diodes

2.      In March 2017, Diodes Incorporated has launched the D28V0H1U2P5Q at Embedded World 2017. The unidirectional 1800W automotive-compliant transient voltage suppressor (TVS) is designed to protect sensitive electronic circuits from transients generated by inductive switching

3.      In February 2021, Alpha and Omega Semiconductor Limited (AOS), a designer, developer, and global supplier of a broad range of power semiconductors and digital power products, introduced a new family of application-specific EZBuck regulators.


Location: India

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