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Global Diode Market Share, Size, Trends, Report, Forecast: By Type: Zener Diodes, Schottky Diodes, Laser Diodes, Light Emitting Diodes, Small Signal Diodes, Others; By End-Use: Communications, Consumer Electronics, Automotives, Computer and Computer Peripherals, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Diode Market Outlook
The global diode market size is expected to grow at a CAGR of 7% between 2024 and 2032. The market is being driven by the increasing application of diodes in various sectors, such as communication, automotive, and consumer electronics, among others.
A diode, also known as a rectifier, is a semiconductor device which enables the smooth flow of current in a particular direction while restricting its flow in the opposite direction. They can also be used to transform alternating current into intermittent direct current. Diodes are used in various sectors for several purposes, such as surge protection, voltage regulation, and power conversion, among others.
A diode is made by joining two types of semiconductor materials- P-type and N-type. The P-type is rich in positive charge carriers (holes), and the N-type is rich in negative charge carriers (electrons). The junction where these two types meet is called the PN junction.
When the P-type side (anode) is connected to the positive terminal of a battery and the N-type side (cathode) to the negative terminal, the diode is said to be forward-biased. In this state, the diode allows the flow of electric current. If the connections are reversed, the diode is reverse-biased. In this state, it blocks current flow, except for a very tiny leakage current.
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Key Trends in the Market
Growing popularity of automotive diodes
The increasing application of automotive-grade diodes is driving the diode market growth. In an automobile, diodes perform crucial automotive functions such as reverse battery protection, motor control, and LED lighting, among others. In line with this, the increasing sale of passenger and commercial vehicles is propelling the incorporation of diodes, thereby adding to the growth of the market.
As the automotive sector shifts towards electric vehicles (EVs) and hybrid electric vehicles (HEVs), the demand for efficient power management solutions increases. Diodes, being crucial in power conversion and management, are extensively used in these vehicles. They are deployed in battery charging systems, power converters, and various electronic control units (ECUs).
In hybrid and electric vehicles, regenerative braking systems convert kinetic energy into electrical energy during braking. Diodes are used in these systems to manage and direct the flow of this regenerated energy, ensuring efficient charging of the vehicle's battery. The global expansion of the automotive sector, particularly in emerging economies, is another factor driving the demand for automotive-grade diodes.
Rapid technological developments in the electrical and electronic sector
Growing innovations in the electrical and electronics sector support the development of handheld and portable consumer electronics, such as advanced smartwatches and fitness bands, wall clocks, and high-performance computers, among others, which is propelling the diode market demand. Electronics with smaller sizes have lower power consumption which are supported by custom diodes.
As electronic devices become smaller and more powerful, there is an increasing need for compact yet efficient components. Diodes are being developed to meet these miniaturisation trends, leading to innovations in diode technology that offer smaller sizes without compromising on performance.
The growing focus on renewable energy sources like solar and wind power has escalated the demand for diodes. They are crucial in solar panels and wind turbines for functions like blocking reverse currents and efficient power conversion. The expansion of renewable energy infrastructure is a significant driver for the market. The development of advanced power electronic devices, which are essential for managing power in a wide range of electronic applications, is another driver.
Increasing usage of silicon carbide (SiC) diodes due to their characteristics like superior stability
One of the crucial diode market trends is the burgeoning popularity of silicon carbide (SiC) diodes, due to their superior stability for reverse leakage at higher power densities. The surge in production of SiC diodes by medium and large-scale businesses, to improve battery capacity to spearhead production processes, are expected to be crucial trends in the market.
Silicon carbide diode can operate at much higher temperatures than silicon. This is a crucial advantage in applications where devices are subjected to high thermal stress, reducing the need for additional cooling systems. SiC diodes can switch on and off much faster than silicon diodes. This allows for higher frequency operation in power electronic devices, beneficial for applications such as electric vehicle chargers, solar inverters, and high-frequency power supplies.
SiC diodes contribute to improved power density in electronic devices, enabling the design of compact systems with high power output. Furthermore, the efficiency of SiC diodes translates to lower energy consumption, which is beneficial both in terms of operational costs and environmental impact, particularly in large-scale industrial applications.
Diode Market Segmentation
Based on type, the market is segmented into Zener diodes, Schottky diodes, laser diodes, light emitting diodes, and small signal diodes, among others. On the basis of end-use, the market is classified into communications, consumer electronics, automotives, and computer and computer peripherals, among others. The regional markets for diodes are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global diode market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- 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.
- Toshiba Electronic Devices & Storage Corporation
- Others
Diode Market Analysis
The laser diode segment, based on type, accounts for a considerable portion of the diode market share. The availability of laser diodes in a wide range of wavelengths, output powers, and beam shapes, makes them ideal in sectors such as industrial, life science, and scientific instrumentation, among others. Some of the common applications of laser diodes include barcode readers, security systems, and optical communications.
In the medical field, laser diodes provide better outcomes as compared to surgical knives, especially while dealing with diagnostics of cancer cells, removal of unwanted tissue, and dental treatments.
In industrial settings, laser diodes are used for cutting, welding, material processing, and alignment. Their precision and efficiency make them ideal for these applications. The industrial sector's continuous pursuit of automation and precision has increased the reliance on laser diode technology. They also play a crucial role in optical data storage devices. With the increasing need for data storage and the prevalence of optical storage media, the demand for laser diodes remains strong.
Market Share by End-Use
As per the diode market analysis, the consumer electronics segment accounts for a significant share of the market. Diodes are used to manufacture LEDs and rectifiers, which are two crucial consumer electronic components witnessing a heightened demand in the household and commercial sectors. LED displays are witnessing increased installations across commercial complexes, while rectifiers are used in a variety of power appliances, computers, gas heating systems, and battery chargers, among others.
Diodes, particularly rectifier diodes, are used to convert alternating current (AC) from power outlets into direct current (DC), which is used by most electronic devices. They are essential components in adapters and chargers for laptops, smartphones, and other portable devices. They are also used in protection circuits to safeguard electronic components from voltage spikes and surges. For example, Zener diodes are often employed to regulate voltage levels and to protect sensitive electronics from overvoltage conditions.
Meanwhile, the increasing application of diodes in oscillators is further adding to the diode market value. Over the forecast period, the anticipated increase in the demand for oscillators in smart wearables, video games, cable TV systems, and cell phones, among other consumer electronic products, is expected to fuel the segment’s growth.
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Competitive Landscape
Infineon Technologies AG is a leading semiconductor manufacturing company which produces a variety of products including microcontrollers, wireless connectivity solutions, ICs, sensors, smart card solutions, and transceivers. Founded in 1999 and headquartered in Neubiberg, Germany, the company caters to the demands of various sectors such as automotive, and IT and telecom.
Analog Devices, Inc. is a multinational semiconductor manufacturing company which combines digital, analog, and software technology into solutions, impacting several sectors across the globe. This company also specialises in data conversion, signal processing, and power management technology. It was founded in 1965 and is headquartered in Massachusetts in the United States.
STMicroelectronics is a prominent semiconductor manufacturing corporation which has a vast product portfolio, including audio IC, amplifier, automotive microcontroller, MEMS and sensor, and motor driver, among others. The company also provides services related to lighting solutions, safety and security solutions, and connectivity solutions. STMicroelectronics was established in 1987 and is headquartered in Geneva, Switzerland.
Other market players include 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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End-Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Diode Market Analysis
8.1 Key Industry Highlights
8.2 Global Diode Historical Market (2018-2023)
8.3 Global Diode Market Forecast (2024-2032)
8.4 Global Diode Market by Type
8.4.1 Zener Diodes
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Schottky Diodes
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Laser Diodes
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Light Emitting Diodes
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Small Signal Diodes
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Diode Market by End-Use
8.5.1 Communications
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Consumer Electronics
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Automotives
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Computer and Computer Peripherals
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Diode Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America Diode Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Diode Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Diode Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 South Korea
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 ASEAN
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Australia
11.6.1 Market Share
11.6.2 Historical Trend (2018-2023)
11.6.3 Forecast Trend (2024-2032)
11.7 Others
12 Latin America Diode Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Diode Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Infineon Technologies AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Analog Devices, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 STMicroelectronics
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Littelfuse, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Microchip Technology Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Murata Manufacturing Co., Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 NXP Semiconductors N.V.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Central Semiconductor Corp.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Diodes Incorporated
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Rohm Co., Ltd
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Vishay Intertechnology, Inc.
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Hitachi Power Semiconductor Device, Ltd.
15.2.12.1 Company Overview
15.2.12.2 Product Portfolio
15.2.12.3 Demographic Reach and Achievements
15.2.12.4 Certifications
15.2.13 MACOM Technology Solutions Inc.
15.2.13.1 Company Overview
15.2.13.2 Product Portfolio
15.2.13.3 Demographic Reach and Achievements
15.2.13.4 Certifications
15.2.14 Toshiba Electronic Devices & Storage Corporation
15.2.14.1 Company Overview
15.2.14.2 Product Portfolio
15.2.14.3 Demographic Reach and Achievements
15.2.14.4 Certifications
15.2.15 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Diode Market: Key Industry Highlights, 2018 and 2032
2. Global Diode Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Diode Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Diode Historical Market: Breakup by End-Use (USD Million), 2018-2023
5. Global Diode Market Forecast: Breakup by End-Use (USD Million), 2024-2032
6. Global Diode Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Diode Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Diode Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Diode Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Diode Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Diode Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Diode Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Diode Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Diode Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Diode Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Diode Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Diode Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Diode Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 7% in the forecast period of 2024-2032.
The increasing applications of automotive grade diodes in vehicles, growing demand for consumer electronics, and increasing affordability of downstream diode products are the major drivers of the market.
The key trends in the market include the growing innovations in the electrical and electronics sector, rapid development of portable consumer electronics, and increasing focus on SiC diode production.
Zener diodes, Schottky diodes, laser diodes, light emitting diode, and small signal diode, among others, are the different types of diodes in the market.
Communications, consumer electronics, automotives, and computer and computer peripherals, among others, are the various end-uses of diodes in the market.
Diodes are used for directing electric current in one specific direction while barring current flow in the opposite direction.
Diode can be used to convert AC into DC, enabling a directional flow of current.
Excessive forward current, or physical jerk to an electronic product can cause damage to a diode.
The major regional markets for diodes are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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, are the key players in the diode market, according to the report.
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