The Latin America, Middle East and Africa Power MOSFET Market would witness market growth of 9.8% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 11,901.0 thousand units, showcasing a growth of 11.9% (2023-2030).
MOSFET is the abbreviation for Metal Oxide Semiconductor Field Effect Transistor. It is a power semiconductor utilized as an electronic switch to regulate the masses as necessary. In addition to serving as an economically viable substitute for bipolar junction transistors (BJT), it facilitates power management that improves energy conservation across various sectors, including consumer electronics, electric vehicles, and industrial systems. It is utilized to amplify electronic signals in electric devices, prevent power loss, and enhance switching speed in renewable energy sources and electric vehicles.
Power MOSFET has enormous future potential due to its impending implementation in various electronic devices. The market is anticipated to generate a moderate amount of cash in the coming years, accompanied by modest investments in development, research, and testing. On the other hand, it is anticipated that key players in the power MOSFET market will generate modest revenue in the future years as the market approaches maturity. During the forecast period, the industrial and medium-power MOSFET sectors have enormous growth potential. In contrast to other power MOSFETs, these systems are anticipated to generate substantial revenue despite the market's expansion.
Some countries in the Middle East and Africa are investing in developing energy infrastructure, including power generation and distribution projects. Power MOSFETs are integral to power electronics systems in these projects. Some countries in the region are implementing renewable energy initiatives, such as solar and wind projects. Power MOSFETs are key in inverters and converters used in renewable energy systems. The above aspects will expand the market growth across the region in the upcoming years.
The Brazil market dominated the LAMEA Power MOSFET Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $232.9 million by 2030. The Argentina market is showcasing a CAGR of 10.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.5% during (2023 - 2030).
Based on Type, the market is segmented into Enhancement Mode Enterprises, and Depletion Mode. Based on Power Rates, the market is segmented into Low Power, Medium Power, and High-Power. Based on Application, the market is segmented into Automotive, Consumer Electronics, Industrial, Energy & Power, Inverter & UPS, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Power MOSFET Market is Projected to reach USD 11.4 Billion by 2030, at a CAGR of 7.2%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include STMicroelectronics N.V., Texas Instruments, Inc., NXP Semiconductors N.V., Digikey, Power Integrations Inc., Littlefuse, Inc., Mitsubishi Electric Corporation, Infineon Technologies AG, Toshiba Corporation, Renesas Electronics Corporation.
By Type (Volume, Thousand Units, USD Million, 2019-2030)
By Power Rates (Volume, Thousand Units, USD Million, 2019-2030)
By Application (Volume, Thousand Units, USD Million, 2019-2030)
By Country (Volume, Thousand Units, USD Million, 2019-2030)
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