Global Zener Diodes Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Zener Diodes Market 2021 (Includes Business Impact of COVID-19)
Global Zener Diodes Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global Zener diodes market report has been segmented on the basis of type, application, and region.
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The global Zener Diodes market size was valued at USD$0.89 billion in 2020 and is projected to reach USD $1.21 billion by 2030, and is anticipated to expand at a CAGR of 3.05% over the forecast period from 2020 to 2030.


Global Zener Diodes Market: Overview


Zener diode is a type of diode that allows current flow from anode to cathode and also in reverse direction. Zener diode is majorly used in electronic equipment as a basic structure block of an electronic circuit. Zener diode is working on is based on reverse biased condition. Zener diode is used as a voltage regulator or to provide voltage reference. It also used voltage clamper.


Global Zener Diodes Market: Dynamics


The increasing adoption of Zener diode owing to unique features such as reverse biased condition is a key factor expected to bolster growth of the global market over the forecast period.

Zener diode provides and regulate sufficient voltage in the electronic circuit which is expected to propel demand for Zener diode in the telecommunication industry and drives growth of the global market over the long run.

Furthermore, increasing adoption of Zener diode in research and development activities, and for device miniaturization is also anticipated to boost demand for the Zener diodes in the next 10 years.

However, the high cost of Zener diode is a major factor which may hamper demand for Zener diodes and restrain the growth of the global market over the forecast period.


Global Zener Diodes Market: Segment Analysis


Among the type, the through hole technology segment is expected to account for the highest growth in the global Zener diodes market, owing to increasing adoption for through-hole technology based Zener diode in the industrial sector.

Among the application, the consumer electronics segment contributes major share in the global market and expected to register a significant growth rate in the global Zener diodes market over the forecast period, owing to increasing adoption of Zener diode in various consumer electronics devices such as analog devices or digital equipments, desktop, computer, printer and video games.


Global Zener Diodes Market: Region Analysis


The market in North America accounted for the highest revenue share in the global market followed by the market in Europe, owing to increasing adoption of the technologically advanced diode in consumer electronics in countries in the region.

The market in the Asia Pacific is expected to register a lucrative growth in terms of CAGR in the global market, owing to increasing industrial infrastructure in countries such as China, India, and Japan in the region.

Markets in Middle East & Africa and Latin America, are expected to witness moderate growth in terms of revenue, owing to increasing demand for Zener diode based advanced devices in countries in these regions.

Global Zener Diodes Market Segmentation:

Segmentation by Type:

  
Through Hole Technology
  
Surface Mount Technology

Segmentation by Application:

  
Consumer Electronics
  
Computing
  
Industrial
  
Telecommunications
  
Automotive


Key Market Players included in the report:


  
ANOVA
  
Bourns
  
Comchiptech
  
Diodes incorporated
  
Good-Ark Electronics
  
Kexin
  
Micro Commercial Components
  
Microsemi corporation
  
NXP Semiconductors .N.V
  
ON Semiconductors
  
Renesas Electronics Corporation,
  
ROHM Semiconductors
  
Torex Semiconductors Ltd
  
Toshiba Corporation
  
Vishay Semiconductors