Field Effect Transistor Market Size, Share & Trends | Report 2030

Report Description

Field Effect Transistor Market Outlook 2031

The global field effect transistor (FET) market size was valued at USD 11,950.0 million in 2021 and is projected to reach USD 29,666.3 million by 2030, expanding at a CAGR of 11.0% during the forecast period.

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 transistors because unlike bipolar transistors, in FET charge is carried by either electrons or holes. Hole is a positive charge used as electric charge carriers.

Get Free Sample Report

Field Effect Transistor Market Dynamics

Market Driver

Rising Demand for Consumer Electronic Appliances

Rising demand for electronic appliances is expected to fuel the demand for field effect transistors in the coming years. The manufacturing process of electronics involves field effect transistors, as it uses an electric field to control the flow of current. FETs are extensively used in the integrated circuits of appliances.

These are mostly utilized in the electronics industry, due to their compact size and significantly low power consumption. The electronics industry is one of the major industrial sectors across the globe. The global electronics industry has registered significant expansion over the decade.

Increasing Demand for Electric Vehicles

Electric vehicles require field effect transistors installed in the system. Hardware, software, and mechanical components are all included in an electric vehicle. Metal–oxide–semiconductor Field-effect Transistors (MOSFETs) are key components in the design of hardware and are used extensively in these vehicles. MOSFETs are used in medium and low-power applications for two-wheelers and three-wheelers.

The controlled oxidation of silicon results in the creation of metal-oxide-semiconductor field-effect transistors (MOSFETs), which are referred to as the metal-oxide-silicon transistor (MOS). These transistors have an isolated gate, whose voltage controls the device's conductivity. Autonomous driving, connectivity, EV electrification, and shared mobility, which is referred to as the ACES trend, play a significant part in the transformation of the automotive value chain.

Market Restrain

Shorter Life of MOSFET

Electrostatic charges can permanently harm MOSFETs because of their thin oxide coating. However, excessive voltages cause instability and necessitate periodic calibration for precise dose measurement. Moreover, limitations, such as breakdown brought on by gate oxide, drain to source voltage, maximum drain current, and temperature are some of the key factors restrict the field effect transistor market growth in the coming years.

Disruptions in the Supply Chain

The lack of a semiconductor manufacturing ecosystem and disruptions in the supply chain pattern hamper the global field effect transistor market. The highly engineered tools needed for manufacturing semiconductors are sourced from various parts across the globe for the final product.

Moreover, the industry has a highly complex supply chain. Shortage of semiconductors has been persistent over the years, and manufacturers are focusing on expanding production.

Market Opportunity

Technological Advancement in Field Effect Transistors

Field effect transistor technology is getting advanced and is widely used in various sector in recent years. Short channel effect promotes the continuous update of the field effect transistor structure.

Currently, Samsung and Intel have chosen to use Gate-all-around field-effect transistor (GAAFET) technology as their preferred method of developing semiconductor chips. There are physical restrictions on the conventional metal-oxide-semiconductor field effect transistor (MOSFET). Some innovative technologies are used to enhance the performance of FET.

Scope of Field Effect Transistor Market Report

The report on the global field effect transistor (FET) market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Field Effect Transistor Market Segmental Outlook

The global field effect transistor(FET) market share is segmented on the basis of by type, by application, by end-user and by distribution channel.

Based on type, the global field effect transistor market is divided into analog (JFET), 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.

Get Free Sample Report

Based on application the global field effect transistor(FET) market is fragmented into amplifiers, Switchers, Motor Control, Digital Logic Circuits, Sensors, and others. 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.

Get Free Sample Report

By 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 dominate 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.

By distribution channel the global field effect transistor(FET) market is segmented into B2B and B2C. The B2B segment is anticipated to dominate the field effect transistor market growth  during the forecast period. The field effect transistor 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.

Regional Outlook

Asia Pacific is anticipated to dominate the market during the forecast period due to the growing digitalization and technological advancements and usage of consumer electronics thus fuelling the market in Asia Pacific.

Moreover, presence of large number of manufacturing units and consumption of consumer electronics among people and rising government initiatives in easy of doing business such as India and China moving forward in providing facilities for the companies.

Get Free Sample Report