Market Insights Technology Semiconductors

Discrete Semiconductors - Indonesia

Indonesia

Revenue in the Discrete Semiconductors market is projected to reach €89.36m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 11.63%, resulting in a market volume of €154.90m by 2029.
In global comparison, most revenue will be generated in China (€9.48bn in 2024).

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Analyst Opinion

The Discrete Semiconductors market in Indonesia has been experiencing steady growth in recent years.

Customer preferences: Indonesian customers have shown a strong preference for discrete semiconductors due to their reliability and versatility. These components are widely used in various applications such as consumer electronics, automotive, industrial, and telecommunications. Indonesian consumers value high-quality products that offer good performance and durability, and discrete semiconductors meet these requirements.

Trends in the market: One of the key trends in the Discrete Semiconductors market in Indonesia is the increasing demand for power semiconductors. With the rapid growth of the automotive and electronics industries in the country, there is a growing need for power management and control systems. Power semiconductors play a crucial role in these systems by efficiently managing and distributing electrical power. This trend is expected to continue as the demand for energy-efficient solutions and electric vehicles rises. Another trend in the market is the shift towards miniaturization. As technology continues to advance, there is a growing demand for smaller and more compact electronic devices. Discrete semiconductors are well-suited for miniaturization due to their small size and high performance. Manufacturers are constantly developing new and innovative designs to meet the demand for smaller and more efficient devices.

Local special circumstances: Indonesia is the largest economy in Southeast Asia and has a rapidly growing middle class. This has led to increased consumer spending and a higher demand for electronic devices. The government has also implemented policies to promote the growth of the electronics industry, including tax incentives and investment opportunities. These factors have contributed to the expansion of the Discrete Semiconductors market in Indonesia.

Underlying macroeconomic factors: The Discrete Semiconductors market in Indonesia is influenced by several macroeconomic factors. One of the key drivers is the country's strong economic growth, which has led to increased consumer purchasing power. Additionally, the growing population and urbanization have created a larger market for electronic devices. The government's focus on infrastructure development and digitalization has also contributed to the growth of the Discrete Semiconductors market. In conclusion, the Discrete Semiconductors market in Indonesia is experiencing steady growth due to customer preferences for reliable and versatile components. The increasing demand for power semiconductors and miniaturization is driving the market forward. Local special circumstances, such as the country's growing middle class and government support for the electronics industry, are also contributing to the market's development. Overall, the Discrete Semiconductors market in Indonesia is expected to continue its upward trajectory in the coming years.

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at the manufacturer price level (excluding VAT).

Modeling approach / Market size:

Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use the annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.