Market Trends of Americas Small Signal Transistor Industry
Bipolar Small Signal Transistors Expected to Significant Market Growth
- Small signal bipolar junction transistors depend upon the contact between two types of semiconductors to switch or amplify electronic signals and power. In this transistor, the current flow is from the emitter to the collector when the base voltage is positive concerning the emitter.
- The market for bipolar transistors is rapidly growing as the need for these products rises across various industries. The market for bipolar transistors is experiencing rapid growth due to increasing demand across various industries. The demand for transistors is driven by a diverse range of players, both small and large, creating a favorable competitive environment.
- For instance, in January 2023, Toshiba Electronic Devices & Storage Corporation expanded its lineup by launching 12 bipolar transistor products for power gate drive circuits, current switches for consumer and industrial equipment, and LED drive circuits. The new products are "TTA011, TTA012, TTA013, TTC019, TTC020 and TTC021" housed in SC-62 package and "TPCP8605, TPCP8606, TPCP8607, TPCP8512, TPCP8513 and TPCP8514" housed in PS-8 package.
- Bipolar transistors are used in headlights with high-power light-emitting diodes in electric cars. An increase in automotive industries is a driving factor for the bipolar power transistor market. In February 2022, Nissan Motor invested USD 500 Million to rebuild its United States assembly plant near Canton, Mississippi, to build two new electric vehicles.
- The rise in electronic tools manufacturing across the region to cater to the increasing demand for electric vehicles, consumer electronics, and energy & power is expected to foster growth in the PNP transistors. According to Consumer Technology Association (CTA), retail revenue of consumer electronics in the United States for 2023 will reach USD 485 billion.
- In addition, the United States offers a wide field of electronics retailers, both stores and online retailers. Examples are BestBuy, which generated revenues of USD 51.8 billion in 2023, Walmart, Target, and the e-commerce platform Amazon. Other popular retailers in the country include Apple, Lenovo, and Dell.
- Furthermore, transistors represent one of the significant innovations in the electronics industry. This can be accredited to their high electron mobility, wide temperature limits, and low power consumption. According to Semiconductor Industry Association (SIA), US, semiconductor companies accounted for sales totaling USD 258 billion, contributing to 46% of the international market. Moreover, US semiconductor firms invested USD 50 billion in R&D to remain competitive, the highest in history.
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Automotive Sector to Hold a Significant Market Share
- Transistors have extensive use in modern vehicles. These devices turn on all types of devices, such as fuel injectors, ignition coils, VCT control solenoids, purge control solenoids, transmission solenoids, HVAC doors, lights, etc. According to IHS, all-electric vehicles are projected to penetrate the North American market at a rate of 30% by 2030.
- In August 2022, Lucid Motors launched a unique high-performance luxury brand called Sapphire electric sedan vehicle. The latest electric vehicle consists of a three-motor powertrain with more than 1,200 hp. The Sapphire's remarkable electric capabilities provide an impressive driving range of 406 to 520 miles on a single charge.
- According to the National Institute of Statistics and Geography (NISG), in January 2022, 237 battery electric vehicles were sold in Mexico. The number of registered electric and hybrid cars in Latin America has increased significantly in Colombia and Brazil, where the market has remained relatively stable. Hybrids have become somewhat famous for users looking for a petrol-saving alternative to the traditional automobile as Mexico develops its charging infrastructure for plug-in electric vehicles.
- Furthermore, government regulations requiring advanced driver assistance systems (ADAS) have also supported the segment's growth. Electronic components in the automobile sector are essential for safety and are exposed to increased voltages and extreme conditions. Manufacturers have responded by creating a new range of bipolar power transistors for automotive applications.
- In April 2022, BMW Group made an exciting announcement regarding the launch of their new all-electric BMW i7 sedan in North America.
- In addition, in September 2022, Ford Motor launched the seventh generation of its muscle automobile Ford Mustang. It offers an optional ADAS pack for the first time in the history of Mustang. Further, in July 2022, General Motors spent USD 4 billion to expand its Orion assembly plant in Michigan to build electric vehicles and an additional USD 2.6 billion to create a battery manufacturing facility in Michigan. Such expansion in the automotive sector across the region may further drive the studied market growth.
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