31 Oct 2022 -

Power transistor sales and ASP to grow 11% in 2022 – IC Insights

chip lead times

Power transistor sales are on pace to grow 11% in 2022 and reach a sixth-straight annual record high, totaling $24.5 billion this year, reports IC Insights. The category continues to demonstrate the highest increase in the average selling price (ASP) for products in this large discrete semiconductor segment.

IC Insights noted that sales of power transistors rose 26% last year as unit shipments rose 13% and bottlenecks in capacity expansion pushed up average selling prices. The string of record-high sales for power transistors is projected to end in 2023 when revenues are forecast to drop 2% to $24.0 billion as a result of a slowdown in global economic growth next year and a 4% drop in the average selling price of devices.

The IC Insights report stated that power transistor prices have moved higher since 2021 when many system manufacturers began ramping up production after the outbreak of the Covid-19 virus pandemic and emergency lockdowns worldwide in 2020. Tight supplies and shortages of power transistors and other widely used semiconductors have kept ASPs high in a number of manufacturing industrial sectors—especially in automotive and industrial equipment.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics

Related News

24 Apr 2024 - General

Samsung scores major US Chips Act funding

Read more

23 Apr 2024 - General

#FridgeMan crosses the line for Diabetes UK with new bride-to-be

Read more

22 Apr 2024 - General

Taiwan earthquake disrupts DRAM market minimally

Read more

17 Apr 2024 - General

India’s semiconductor sector riding wave of global demand

Read more

15 Apr 2024 - General

Taiwan chipmakers eye Japan as security, costs rise

Read more

15 Apr 2024 - General

Memory price hikes loom after Taiwan quake

Read more