The total power transistor market is expected to fall 7% in 2020 because of the Covid-19 virus crisis, but sales are forecast to rebound 7% next year and reach a new record high in 2022, says O-S-D Report.
After three straight years of record-high sales, the power transistor market is forecast to drop 7% in 2020 because of the economic fallout from the global Covid-19 virus health crisis that has driven down demand across a broad range of systems. A recovery in power transistors is now expected to occur in 2021 with worldwide sales growing 7% to $16.9 billion and unit shipments rising 9% to 59.0 billion, according to IC Insights’ 2020 O-S-D Report—A Market Analysis and Forecast for Optoelectronics, Sensors/Actuators, and Discretes. The 2020 edition of the O-S-D Report shows the power transistor market returning to record-high territory in 2022, when sales are forecast to grow 5% to $17.7 billion, which would top the current annual peak of $17.1 billion set in 2019.
