Market Insights Technology Semiconductors

Discrete Semiconductors - Mexico

Mexico

Revenue in the Discrete Semiconductors market is projected to reach €0.63bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2027) of 7.38%, resulting in a market volume of €0.78bn by 2027.
In global comparison, most revenue will be generated in China (€12.75bn in 2024).

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Región

Comparación de regiones

Moneda

Analyst Opinion

Discrete semiconductors are the type of semiconductors that perform basic functionalities. They are mainly used in applications involving the control of electric current. The demand for power efficiency and high-energy devices to be used in automotive, wireless, and portable electronics applications is expected to drive growth in this market.

The market is estimated to grow by more than 10% in the year 2022, slowly recovering from the effects of COVID-19 and supply chain disruptions that arose due to various reasons, such as the shutdown of various manufacturing facilities and longer lead times. Discrete semiconductor devices such as MOSFETs and IGBTs are expected to contribute significantly to the market growth 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.