Power discrete semiconductor market seen reaching $37.72B by 2030

The Business Research Company says the global power discrete semiconductor market will grow from $26.7 billion in 2025 to $37.72 billion by 2030, driven by electric vehicle production, wide-bandgap adoption and power-efficiency demand. Asia-Pacific was the largest regional market in 2025 and is forecast to grow the fastest.

Why it matters: - Power discrete semiconductors are central to power conversion, switching and protection in electronics, so market growth tracks broader demand for efficiency, electrification and thermal control. - The forecast points to rising demand from electric vehicles, industrial power electronics, telecom infrastructure and consumer devices. - The shift toward silicon carbide and gallium nitride devices signals a move to higher-performance power systems.

What happened: - The Business Research Company released its Power Discrete Semiconductor Global Market Report 2026, covering market size, trends and forecasts through 2035. - The market is estimated at $26.7 billion in 2025 and is projected to reach $28.7 billion in 2026. - The report forecasts the market will rise to $37.72 billion by 2030, at a 7.1% CAGR. - Asia-Pacific was the largest regional market in 2025 and is expected to be the fastest-growing region during the forecast period. - The report also covers South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The company posted a free sample of the report and the full market report.

The details: - Historical growth has been supported by rising demand for power conversion systems, energy-efficient electronic devices, industrial power electronics, telecommunications infrastructure and consumer electronics. - Power discrete semiconductors handle high voltage, significant current and substantial power. - These devices help regulate and convert electrical power in electronic systems. - The report says key growth drivers through 2030 include silicon carbide and gallium nitride adoption, high-voltage switching demand, compact packaging needs and efficient power management systems. - Expected trends include wider use of wide-bandgap semiconductors, more high-voltage power discrete devices, more efficient switching components, better thermal management and denser high-power packages. - The report says 2026 editions add market attractiveness scoring, total addressable market analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, and updated graphics and tables.

Between the lines: - EV production is becoming a major demand engine because electric vehicles need devices that manage battery charging, discharging, motor drive efficiency and high-voltage systems. - The report frames wide-bandgap semiconductors as a key technology shift, which suggests performance and efficiency are becoming more important than cost alone. - The Asia-Pacific lead reflects where much of the manufacturing and electronics demand is concentrated. - Cox Automotive reported 102,243 new US electric vehicle sales in January 2025, up 29.9% from a year earlier, illustrating the pace of EV demand cited in the report.

What’s next: - Market growth is expected to continue as EV adoption expands and power electronics become more compact and efficient. - The report points to continued upside for suppliers focused on silicon carbide, gallium nitride and thermal-management improvements. - Companies and investors will likely use the new report tools, including TAM analysis and forecasting dashboards, to gauge segment opportunities.

The bottom line: - Power discrete semiconductors are on a steady growth path, with EVs, energy efficiency and wide-bandgap technologies driving the next phase of demand.