Low-Voltage MOSFET Market By Type (N-Channel MOSFET, P-Channel MOSFET); By Technology (Planar MOSFET, Trench MOSFET, Super Junction MOSFET); By Application (Power Management, Motor Control, Inverter Circuits, DC-DC Converters, Load Switches, Others); By End-Use Industry (Consumer Electronics, Automotive, Industrial, Telecommunications, Renewable Energy, Healthcare, Others); By Geography, Segment revenue estimation, Forecast, 2024-2032.

The low-voltage MOSFET market in 2023 was worth USD 6.5 billion and will be worth USD 12.0 billion by 2030, expanding at a CAGR of 8.5% during the forecast period.

 

A low-voltage MOSFET is a type of power electronic device used for the switching and control application and has been specifically developed to operate at a voltage below about 100V with low voltage drop, high-frequency switching, and low power dissipation.

 

The market of low-voltage MOSFETs is witnessing a trend toward integration and heightened efficiency due to the growing requirement for small and power-saving electronic gadgets. For instance, portable consumer electronics such as smartphones, wearables, and IoT devices demand low power, which has encouraged the development of new MOSFETs with lower on-resistance and higher switching frequencies. This global shipment was projected to reach more than 14 billion units in 2023, stressing the importance of power management. The latest developments include trench-based MOSFETs featuring low gate charge and better thermal management characteristics, allowing its applications in high-density power supply circuits and battery-operated devices, further extending the low-voltage MOSFET market.

 

 

Market Dynamics

The major factors that are driving the low-voltage MOSFET market include the rising need for power-saving products in electronic devices, electric vehicles, and several industrial units. The global EV market, which increased by over 40% in 2023, depends on LV MOSFETs to manage power delivery in applications such as battery pack control, conversion, and charging. Furthermore, the increasing distribution of renewable energy systems like solar inverters has increased the demand for MOSFETs with low output losses to increase energy conversion efficiency. Some of the latest product launches include ultra-low on-resistance MOSFETs for Electric Vehicles and a new generation power supply that cuts down on system losses and increases performance, thus enhancing the prospects of the market.

 

One of the major limitations of the low-voltage MOSFET market is the ever-increasing difficulties of incorporating this component in highly integrated, high-density electronic systems. Another competitive threat is the advancement or evolution of the GaN and SiC transistors, which are used in better efficiency systems, hence limiting the market of low voltage MOSFETs.

 

One key opportunity in the low-voltage MOSFET market is the growing power management application in renewable energy systems and 5G. The expansion rate of 5G networks is expected to rise to 60% of the world’s population by 2025; therefore, low-voltage MOSFETs are demanded for high-speed data processing in network devices and superior power quality. Besides, the demand for solar power systems has created a demand for low-voltage MOSFETs in DC-DC converters and power inverters to enhance electrical energy conversion efficiencies. New product innovations have seen the release of new generation MOSFETs with new trench technology that allows for low gate charge and high power density for power modules used in 5G base stations and solar inverters.

 

Market Segmentation

By Type:

• N-Channel MOSFET

• P-Channel MOSFET

 

By Technology:

• Planar MOSFET

• Trench MOSFET

• Super Junction MOSFET

 

By Application:

• Power Management

• Motor Control

• Inverter Circuits

• DC-DC Converters

• Load Switches

• Others

 

By End-Use Industry:

• Consumer Electronics

• Automotive

• Industrial

• Telecommunications

• Renewable Energy

• Healthcare

• Others

 

By Region

North America

• US

• Mexico

• Canada

• Rest of North America

 

Europe

• Switzerland

• Russia

• France

• Germany

• U.K

• Finland

• Turkey

• Netherlands

• Belgium

• Spain

• Italy

• Rest of Europe

 

Asia Pacific

• India

• China

• South Korea

• Japan

• Singapore

• Thailand

• Indonesia

• Malaysia

• Philippines

• Australia

• Rest of Asia-Pacific

 

LAMEA

• Brazil

• Argentina

• Uruguay

• Saudi Arabia

• Rest of LAMEA

 

Asia-Pacific is the largest and fastest-growing low-voltage MOSFET market, mainly due to the high production of electronic equipment and the growing demand for EVs and renewable energy products. Some of the key players include China, South Korea, and Japan, with China alone contributing over 30% of the global EV sales in 2023 hence, increasing the demand for efficient power management components such as low-voltage MOSFETs. This region is also a primary for smartphone and IoT device manufacturing, where low voltage MOSFETs are crucial to power-related designs. Recent developments include major semiconductor companies in Asia-Pacific investing in advanced MOSFET technologies, such as trench and super junction MOSFETs, to meet the growing demand for high-performance power management solutions in electronics and EV powertrains, further solidifying the region's dominance in the market.

 

Key Players

• Infineon Technologies AG

• Toshiba Corporation

• ON Semiconductor

• STMicroelectronics

• Vishay Intertechnology

• Renesas Electronics Corporation

• Texas Instruments Incorporated

• ROHM Semiconductor

• Nexperia

• Alpha and Omega Semiconductor