Power Semiconductor Market Share

Market Share of Power Semiconductor Industry

The power semiconductor market comprises several global and popular players, such as ON Semiconductor, Infineon, ROHM, STMicro, and others. Although the market poses moderately high barriers to entry for new players, the power semiconductor market is concentrated, with few large vendors holding a prominent market share. Every vendor in the market is focusing on acquiring a certain share of the market, and room for growth is only available when other vendors lose their market share. Furthermore, in a market where the sustainable competitive advantage through innovation is considerably high, the competition is likely to only increase, considering the anticipated surge in demand from new customers from the end-user industries.

• June 2023- Vitesco Technologies and Onsemi established a 10-year long-term supply deal worth EUR 1.75 billion (USD 1.9 billion) for silicon carbide (SiC) components to facilitate Vitesco Technologies' acceleration in electrification technologies. Vitesco Technologies will implement recent orders and upcoming projects for traction inverters and electric vehicle drives using Onsemi's EliteSiC MOSFETs.
• May 2023- Infineon Technologies AG and political officials from Brussels, Berlin, and Saxony broke ground on a new factory in Dresden. The new facility will function as "One Virtual Fab," closely connected to the Infineon Villach facility. Based on the extremely efficient 300 mm technology, this power electronics manufacturing facility will boost productivity levels. It will also give Infineon more flexibility to serve its customers more quickly. Manufacturing activities are planned to begin in the fall of 2026.

Power Semiconductor Market Leaders

1. Infineon Technologies AG

2. Texas Instruments Inc.

3. QORVO INC.

4. STMicroelectronics NV

5. NXP Semiconductors NV

*Disclaimer: Major Players sorted in no particular order