Americas Small Signal Transistor Market Size

Americas Small Signal Transistor Market Analysis

America's small signal transistor market is expected to register a CAGR of 4.12% during the forecast period.

• America's small signal transistor market is valued at USD 338.58 million in the current year and is expected to become USD 414.32 million by the next five years. The growing need for power electronics is a significant trend driving the market expansion in the forecast period. According to German Electrical and Electronic Manufacturers' Association (German: Zentralverband Elektrotechnik- und Elektronikindustrie (ZVEI)), in 2022, the electronics industry in the Americas grew by around 5% year-on-year.
• Small-signal transistors are mainly used to amplify and manipulate small signals, typically in the range of a few volts, while handling currents on the order of milliamperes. Modern electronic devices make use of these transistors. During the forecast period, a surge in demand for consumer electronics manufacturing is expected to boost demand for these transistors in the region.
• Further, Brazil's consumer electronics industry has grown over the last decade. It is predicted to grow further in the coming years, generating more than USD 40 billion in revenue by 2026. Notably, smartphone ownership has increased considerably; according to recent statistics, 86 of every 100 people in Brazil own a smartphone.
• The recent advancement in Internet of Things (IoT) technology supports the studied market's growth. According to the Global System for Mobile Communications Association (GSMA), North America's total number of consumer and industrial IoT connections is forecast to grow to 5.4 billion by 2025. Recently it amounted to 2.8 billion connections.
• Nowadays, small signal transistors are available with state-of-the-art silicon planar technology that ensures fast switching efficiency and high reliability, which is expected to drive the market during the forecast period. For instance, in July 2022, Mitsubishi Electric Corporation launched a 50W silicon radio-frequency (RF) high-power metal-oxide-semiconductor field-effect transistor (MOSFET) module for high-frequency power amplifiers of commercial two-way radios. The model, which offers an industry-leading1 50W power output in the 763MHz to 870MHz band and a high total efficiency of 40%, is expected to help expand the radio communication range and reduce power consumption.
• Further, Samsung Electronics, a player in advanced semiconductor technology, recently announced it would build a new semiconductor manufacturing facility in Texas in the coming years. The estimated USD 17 billion investment in the United States will help boost the production of developed logic semiconductor solutions that power next-generation innovations and technologies. Such developments across the region may further drive the studied market growth.
• COVID-19 significantly impacted the studied market, as the imposition of various restrictions disrupted the supply chain and reduced the demand for a short period. However, with the condition returning to normalcy, the market is expected to notice growth similar to the pre-pandemic level. Additionally, the rapidly increasing industries such as manufacturing, automotive, and consumer electronics in the region propel the market growth in the forecasted period.