High Voltage Diodes Market Forecast and CAGR
According to latest research by Fact.MR, the high voltage diodes market is anticipated to witness significant growth during 2021-2031. The US holds more than 35% share of the global market, making it the most prominent region.
The ever growing awareness among the manufacturing industries regarding the significance of effective maintenance of industrial and mechanical equipment to ensure occupational safety standards as well as the ascent of electronics sector in the developing economies will aid the shipment to surge ahead during the forecast period. It is anticipated that the market is set to grow at a desirable CAGR over the assessment period.
What is Driving Demand for High Voltage Diodes?
Evolving end-user demand for lightweight and high-performance axial lead diodes continues to thrust the demand for high voltage diodes. Numerous applications in the telecommunication sector continues to be an attractive avenue for high voltage diodes manufacturers.
They are usually incorporated with some vital features such as high heat resistance, high degree of resistance against humidity as well as ensures stability in performance. These features help the key players in the market to drive its demand further globally especially in the electronics sector where it is widely used in order to provide protection to various electronic products such as microwave ovens, safety meters, car igniters among others against high voltage power supplies.
Moreover, being a fragmented market due to the presence of several manufacturers who produce and supply different kinds of high voltage diodes as well as the growing urbanization in developing nations in South America, Asia Pacific and the Middle East and Africa shall also drive the sales forward during the forecast period.
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Automotive Recovery Likely to Augment High Voltage Diodes Sales
Automotive sales around the globe have been impacted by COVID-19-induced slowdown. This has also had a ripple effect on automotive component and material sales. As the prominent players in the automobiles sector lay their emphasis upon reducing the power consumption in vehicles as much as possible, high voltage diodes manufacturers are likely to witness sustained opportunities over the next few years during the assessment period.
US High Voltage Diodes Market Outlook
US is one of the largest markets for high voltage diodes globally. The US high voltage diodes market is set to tread on the historic pattern of bust and boom during the assessment period 2021-2031. As far as getting the silicon from electronic industry, this industry has been seeing an extreme rivalry due to developing demand for smartphones and laptops.
Besides, astounding technological advances associated with manufacturing technology and product development, are significant variables which are relied upon to fuel the development of the high voltage diodes market over the forthcoming years during the assessment period.
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Asia Pacific Demand Outlook for High Voltage Diodes
Inferable from the surging population in the Asian nations the market for the high voltage diodes is required to increment at a colossal rate creating a major chance for the manufacturers around here. Additionally, expanding GDP, per capita consumption, and per capita income in the nations including India, China, Japan and so forth are expected to set out an opportunity for high voltage diodes manufacturers.
The presence of prominent players in the region with effective distribution networks as well as implementation of inorganic growth strategies through partnerships, joint ventures, spinoffs etc. provides thrust to high voltage diodes sales in the region.
Who are the Key Manufacturers and Suppliers of High Voltage Diodes?
Some of the leading manufacturers and suppliers of high voltage diodes include Vishay Intertechnology, Diodes Incorporated, JGD Semiconductor, Hitachi, Sanken Electric Co., Ltd., Dean Technology, Voltage Multipliers Inc, HVP High Voltage Products GmbH, Ltd, HVGT Semiconductor, Littelfuse, Inc., MACOM Technology Solutions Holdings, Inc., Diotec, HVC Capacitor Manufacturing Co., ON Semiconductor Corporation, Infineon Technologies Ag, NXP Semiconductors N.V., Microsemi Corporation, Toshiba International Corporation, New Jersey Semiconductor, SMC Diode Solutions Co. LTD among others.
Different organizations revolve around organic growth methodologies for example product launch, endorsements and others like licenses and promotions. The inorganic growth strategies observed in the market were acquisitions, collaborations and joint ventures.
These exercises prepared for a development of the organizations and clients of the market players. The end users of the high voltage diodes are bound for worthwhile development openings later on with the increasing demand for high voltage diodes on the global market.
An Adaptive Approach to Modern-day Research Needs
High Voltage Diodes Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
- High Voltage Axial Lead Diodes
- High Voltage Surface Mount Diodes
- Melting of Metals
- Voltage Amplification
- Input rectifier for AC devices
- Voltage Clamping
- Common anode
- Common cathode
- Single die
- Surface Mount
- Hole Mounted
By Current Range
- 1 A or below
- 1.1 A to 2 A
- 2.1 A to 4 A
- 4.1 A to 10 A
- 10.1 A to 20 A
- 20.1 A to 30 A
- Above 30 A
By End-use Industry
- Power Supplies
- North America
- US & Canada
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- Northern Africa
- South Africa
- Other Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
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