According to a recent market study published by Growth Market Reports, titled, “Global Field Effect Transistor(FET) Market” by type, application, end-user, and distribution channel, by region: Size, Share, trends and opportunity Analysis, 2015-2030”, the market was valued at USD 11,950.0 Million in 2021 and is expected to grow at a growth rate of 11.0% by the year 2030.
As per Growth Market Reports industry analyst Divjot Singh, “Global Field Effect Transistor(FET) Market” is anticipated to witness significant growth during the forecast period 2022-2030. A Field Effect Transistor (FET) is a three-terminal Active semiconductor device which controls the flow of current with electric field. It has three terminals Source, Gate and Drain. FETs are known as unipolar transistor because unlike bipolar transistors, in FET charge is carried by either electrons or holes. Hole is a positive charge used as electric charge carriers. FET uses the voltage applied to the input terminal known as Gate, in order to control the flow of current through source to drain.
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Key factors such as rising demand for consumer electronic appliance, also increasing demand for electric vehicles is anticipated to propel the growth of the market during the forecast period.
The supply chain is a system between a company and its suppliers to manufacture and distribute particular products to the final buyers. This system includes different activities, information, entities, people, and resources. Entities involved in the field effect transistor supply chain include manufacturers, suppliers/distributors, and end-users. Presence of major suppliers and distributors, adoption of technologies, availability of raw materials, and presence of an integrated logistics industry are some factors that strengthened the supply chain of field effect transistor in developed region.
The primary as well as secondary research methodology is used for keen observation and study about the global field effect transistor(FET) market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects.
Primary interviews conducted with the stakeholders across industry verticals on regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, current and future trends done from the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess the experience of around 10-20 years in the industry.
On the other-hand the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases analyzed for macro & micro analysis. Research publications and paid data referred to obtain and validate the market estimations, budget, expenditure and other statistical insights.
The COVID-19 pandemic has highlighted economic disparities in the global demand for field effect transistor in the crises of global interdependence and governance challenges. Pandemic is the isolated concerns for businesses and prospects for emerging patterns and vulnerabilities. During the pandemic situation, strict measures were taken for monitoring the circumstances, which in turn, affect the field effect transistor manufacturers causing unanticipated short and long-term effects such as halt in productions, limited or no supply of raw material supply across region.
In the long-term, COVID-19 can serve as another opportunity for manufacturers to reconsider their commitment to the supply chain in regions prone to outbreaks and to reconfigure themselves regionally. In the current scenario, post-COVID-19, the production process of field effect transistor has been resumed. Moreover, globally the demand for FETs has regained in several industries as several manufacturing industries have resumed.
Key Takeaways from the Study
- The players include Taiwan Semiconductor Manufacturing Company Ltd (TSMC), Infineon Technologies AG, STMicroelectronics, Texas Instruments, Nexperia, NXP Semiconductors, Mitsubishi Electric Corporation, ROHM CO., LTD, Alpha and Omega Semiconductor, MACOM, SHINDENGEN ELECTRIC MANUFACTURING CO., LTD, Onsemi, Renasas Electronics Corporation, Toshiba Corporation.
- Based on type, the global field effect transistor(FET) market is divided into Analog (JFET) and Digital (MOSFET). The digital (MOSFET) is anticipated to dominate the market during the forecast period. The growth of the market is attributed as the MOSFETs are widely used in consumers electronic products, automotive industry medical equipment's and renewable energy systems as they control better flow of voltage, more power holding capacity, less circuit configuration when compared to JFETs.
- In terms of application the global field effect transistor(FET) market is fragmented into amplifiers, switches, motor control, digital logic circuits, sensors and others. The switches segment is expected to dominate the global field effect transistor(FET) market. Rising usage of FETs as switches due to their ability to control the flow of current with a small voltage and low current applied to the gate terminal. Both JFETs and MOSFETs are used in configuration of switches.
- Based on end-user the global field effect transistor(FET) market is segmented into automotive, consumer electronics, IT/Telecom, healthcare, power generating industries and others. The automotive segment is anticipated to drive the market during the forecast period. The market growth is attributed to increasing usage of FETs in automotive industry for various applications such as engine control systems, transmission control systems, body electronics, lighting and charging systems due to use of switching speed, low on state resistance and ability to handle high voltage and making them suitable for high power applications.
- Based on distribution channel the global field effect transistor(FET) market is segmented into B2B and B2C. The B2B segment in anticipated to dominate the market during the forecast period. The market growth is attributed to rising demand for FET in various end-use industries such as automotive, consumer electronics, and IT/telecom for usage in electrical components is expected to boost the market during the forecast period.
- Asia Pacific is anticipated to dominate the market during the forecast period. The market for electric vehicles is extremely competitive, and new producers are always pushing the limits of innovation. Despite the fact that many contemporary electric vehicles use 400 V batteries. As a result, well-known manufacturers of automotive components created Field Effect Transistor products for the automobile industry in the region.
Report Scope
Report Metric |
Details |
Market Value in 2021 |
USD 11,950.0 Million |
Market Growth Rate (from 2020 to 2030) |
11.0% |
Historical Data |
2019 & 2020 |
Base Year |
2021 |
Forecast Period |
2022 – 2030 |
Units Considered |
Value (USD Million) |
Market Segments |
by Type, by Application, by End-user, and by Distribution Channel |
Key Companies Profiled |
Taiwan Semiconductor Manufacturing Company Ltd (TSMC), Infineon Technologies AG, STMicroelectronics, Texas Instruments, Nexperia, NXP Semiconductors, Mitsubishi Electric Corporation, ROHM CO., LTD, Alpha and Omega Semiconductor, MACOM, SHINDENGEN ELECTRIC MANUFACTURING CO., LTD, Onsemi, Renasas Electronics Corporation, Toshiba Corporation |
Customization Scope |
Report customization available on request |
Pricing and Purchase Options |
Avail tailor-made purchase options to meet your research requirements. |
Target Audience
- Supply-side: Manufacturer
- Demand Side: Automotive, Consumer Electronics, IT/Telecom, Healthcare, Power Generating Industries and Others.
- Regulatory Side: Semiconductor Industry Association (SIA), Global Semiconductor Alliance (GSA), and other regulatory bodies.