Press Release
Press Release
A diode, also referred to as a rectifier, serves as a semiconductor device facilitating the unidirectional flow of current while impeding its reverse flow. Its applications span across various sectors, encompassing surge protection, voltage regulation, and power conversion. The expanding use of automotive-grade diodes is a key factor propelling the diode market growth.
Automotive-grade diodes play a critical role in automotive functions like reverse battery protection, motor control, and LED lighting. The market is further fuelled by the rising sales of both passenger and commercial vehicles, leading to an increased use of diodes. Additionally, innovations in the electrical and electronics sector, particularly in handheld and portable consumer electronics, are contributing to the growing demand for diodes. Notably, the trend towards silicon carbide (SiC) diodes is gaining momentum due to their superior stability and efficiency.
In November 2023, Littelfuse, Inc. (NASDAQ: LFUS), a leading industrial technology manufacturing company, unveiled the SZSMF4L 400 W TVS Diode Series to address the increasing volume and complexity of automotive electronics. The new diode series offers essential protection against high voltage and energy transients in sensitive automotive systems, featuring fast response time, low Zener impedance, high surge handling, and effective clamping capabilities. Its compact size makes it particularly suitable for various automotive applications, especially in the context of vehicle electrification.
In August 2023, TSMC (NYSE: TSM), Robert Bosch GmbH, Infineon Technologies AG (OTCQX: IFNNY), and NXP Semiconductors N.V. (NASDAQ: NXPI) announced to make joint investment in European Semiconductor Manufacturing Company (ESMC) GmbH in Dresden, Germany, to establish advanced semiconductor manufacturing services. Aligned with the European Chips Act, this initiative involves the construction of a 300mm fab to address the future capacity needs of the automotive and industrial sectors. Pending confirmation of public funding, the project is set to begin construction in the second half of 2024, targeting production commencement by the end of 2027, with a monthly capacity of 40,000 300mm wafers.
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The major players in the diode market are Infineon Technologies AG, Analog Devices, Inc., STMicroelectronics, Littelfuse, Inc., Microchip Technology Inc., Murata Manufacturing Co., Ltd., NXP Semiconductors N.V., Central Semiconductor Corp., Diodes Incorporated, Rohm Co., Ltd, Vishay Intertechnology, Inc., Hitachi Power Semiconductor Device, Ltd., MACOM Technology Solutions Inc., and Toshiba Electronic Devices & Storage Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
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