Global Diodes Market Trends

Statistics for the 2023 & 2024 Global Diodes market trends, created by Mordor Intelligence™ Industry Reports. Global Diodes trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Global Diodes Industry

This section covers the major market trends shaping the Diodes Market according to our research experts:

Increase In The Need of Advance and Complex Electronic Devices In Automobiles is Driving The Market Growth

  • Vehicles utilize diodes because of their application in allowing current flow in only one direction. This critical component protects the vehicle's LED headlamp against current spikes. This further reduces the risk of damage to components and the electrical system of an automobile. Schottky diodes can rectify a current flow in automotive applications by allowing a rapid change from conducting to blocking state. They have a low reverse-leakage current at high temperatures, which reduces circuit losses and increases protection against thermal runaway. The diode manufacturing company is adding innovative high-performance diodes to their product lists. For example, STMicroelectronics, a leading semiconductor manufacturer, has developed an automotive-grade Schottky diode that is AEC-Q101 qualified and intended for a DC-DC converter and can operate at a junction temperature range from- -40 °C to as high as +175 °C.
  • High-voltage silicon-carbide diodes are essential for hybrid and electric vehicle power-supply designers to improve electrical efficiency and battery autonomy. This diode is ideal for power factor correction circuits, onboard battery chargers, and motor drives that can handle large surges. Furthermore, these diodes are developing synchronous buck converters with a wide input voltage range of 2.4V to 5.5V to satisfy the requirement for more streamlined and efficient automobile point-of-loads (POLs). These 3A-rated devices are designed for usage in telematics, ADAS, power and infotainment systems, and instrument clusters in automobiles.
  • Diodes convert alternating current to direct current electricity. Diodes can be found in an automobile's electrical system, including alternators. For the vehicle charging system, alternator diodes provide three essential tasks: conversion from AC to DC Power, Feedback Preventer, and Proper Polarity for Charging a Battery. Electronic devices, batteries, and charging adaptors are becoming more common in automobiles, positively boosting the diode market growth. Major companies are focusing on manufacturing advanced Sic diodes to increase EVs' battery capacity and charging speed. For example, Infineon Technology's first-generation silicon carbide technology has helped EV manufacturer clients increase the Battery capacity range by 7% for their 800-V-based EV. The company is assuring that its next-generation Cool Sic will raise that to about 10%.
  • In automobiles, diodes are used to connect solenoids. When the B+ is turned off, the coil's magnetic field collapses, including the current flow in the coil, and the current passes through the diode as the current is in the same direction as the diode arrow, which was previously blocking the B+. This current flow induced in the coil's electric field allows it to collapse itself. The ECM is protected from damage, and no spark is produced. Being a leading manufacturer of semiconductors company, NXP has developed a Programmable solenoid controller PT2000 which will be used in Automotive (12 V), truck, and industrial (24 V) power trains. In this system, diodes are used for the device's smooth functioning and flexible operation.
  • The battery is unplugged during the powering or switching of inductive loads in automobiles to avoid undesirable spikes or transients. These transients would be propagated along the power line if they were not addressed, causing individual electronics and sensors to malfunction or permanently destroying the vehicle's electrical system, compromising overall reliability. As a result, TVS diodes are becoming more popular because they can protect sensitive electronics from transients caused by load dumps and other transient voltage occurrences. For example, Vishay Intertechnology has launched its TVS diodes series named XClampR™, which can operate in extremely low clamping voltage and sustain its functioning up to 175 °C junction temperature.
Global Diodes Market: Global Advance Driver Assistance System (ADAS) Unit Production, Volume in 1000 Units, 2019-2021

Asia-Pacific to Witness a Significant Growth in the Global Diode Market

  • The diodes market in the Asia-Pacific region is expanding rapidly, owing to the extensive presence of electronics and vehicle manufacturing companies and rising consumer spending power.
  • Because of rising awareness, the adoption of electric vehicles helps reduce emissions, fleet emissions, and stringent government rules and regulations regarding vehicle emissions. Moreover, the electric light commercial vehicles segment is expected to grow fastest in the APAC region. The electrical and electronic components of these vehicles use a variety of diodes. The market for power, small-signal, and RF and microwave diodes in this region will grow exponentially.
  • Smartphone adoption and digitization of industrial processes are also increasing in the region. As the diodes are essential components of all electrical products, thus owing to the rising smartphones and electronics, the diodes market in Asia-Pacific is also witnessing growth.
  • The increasing demand for consumer electronics across Asia-Pacific countries such as China, the Republic of Korea, India, and Singapore pushes numerous corporations to create manufacturing facilities in the region. The vast supply of raw materials and inexpensive start-up and labor costs are assisting enterprises in establishing production centers in the region.
  • Consumer electronics and the smart wearable industry, which require powerful miniaturized diodes, are growing at the fastest rate in the Asia-Pacific region. For example, the 0402-sized Schottky barrier diodes are 44 percent smaller than the traditional 0603 sizes (0.6mm 0.3mm), with a 56 percent less mounting space. They are used in smart wearables, and the demand for these small, powerful diodes will grow in the region due to the rise in the demand for smart wearables.
Laser Diode Market- Growth Rate by Region (2020-2025)

Global Diodes Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)