How big is the Power MOSFET Market | Size, Share & Renewable Energy 2025

Code: MTA8188 Publication Date: Aug 2025

How big is the Power MOSFET market?

According to 6Wresearch internal database and industry insights, the Global Power MOSFET Market was valued at USD 1.5 Billion in 2024 and is expected to reach USD 2.25 Billion by 2031, growing at a compound annual growth rate of 6.00% during the forecast period (2025-2031).

The market growth is driven by rising demand for energy-efficient power devices and increasing adoption of electric vehicles with growth in consumer electronics, industrial automation, and expanding renewable energy applications.

Growth Factors for Power MOSFET Market

  • The demand for energy-efficient and high-performance semiconductor devices.
  • Rapid adoption of electric vehicles and hybrid electric vehicles worldwide.
  • Growing use of MOSFETs in industrial automation and robotics applications.
  • The growing use of smart grids and renewable energy systems.
  • Technological developments that enhance thermal performance and switching efficiency
  • Increasing use in computing, telecommunications, and consumer electronics devices.

Power MOSFET Market Trends

The Power MOSFET Market is witnessing strong growth due to increasing demand for energy-efficient semiconductor solutions. MOSFETs are being widely adopted in automotive, consumer electronics, and industrial automation sectors. Miniaturization of electronic devices is driving demand for compact and high-performance MOSFETs. Advancements in wide-bandgap materials such as silicon carbide and gallium nitride are enabling higher efficiency and voltage handling. There is an increasing trend of integrating MOSFETs into power management ICs and renewable energy applications. Manufacturers are focusing on cost-effective, high-reliability solutions for automotive and industrial electronics.

Emerging Developments in the Power MOSFET Market

Growth trends in the Power MOSFET Market includes the use of silicon carbide and gallium nitride technologies in high-efficiency, high-voltage applications. Companies are also working to commercialize compact and high-frequency MOSFETs for applications in electric vehicles, renewable energy systems and smart grid systems. As performance and reliability are essential to system design, packaging solutions and thermal management solutions are being developed for the most successful product testing and project evaluation in each application. Furthermore, integration of power management ICs has paved the way for enabling multifunctional applications in industrial as well as consumer electronics. Manufacturers are also exploring the benefits of investing in AI-assisted design and testing platforms for both improving and developing new MOSFET products and products within other semiconductor categories. In addition, there is marked increase in demand for high-voltage MOSFETs in energy storage and renewable applications.

List of Leading Companies in the Power MOSFET Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Infineon Technologies AG

Company NameInfineon Technologies AG
Established Year1999
HeadquartersNeubiberg, Germany
Official WebsiteClick Here

Infineon Technologies develops high-performance power MOSFETs for automotive, industrial, and consumer applications, focusing on energy-efficient designs, compact packaging, and high-reliability solutions for modern electronics.

2. ON Semiconductor

Company NameON Semiconductor
Established Year1999
HeadquartersPhoenix, USA
Official WebsiteClick Here

ON Semiconductor provides a broad range of power MOSFETs and power management solutions, supporting automotive electronics, industrial automation, renewable energy, and consumer electronics applications worldwide.

3. STMicroelectronics N.V.

Company NameSTMicroelectronics N.V.
Established Year1987
HeadquartersGeneva, Switzerland
Official WebsiteClick Here

STMicroelectronics manufactures power MOSFETs for automotive, industrial, and consumer sectors, emphasizing high-efficiency, low-loss devices with advanced packaging.

4. Texas Instruments Inc.

Company NameTexas Instruments Inc.
Established Year1930
HeadquartersDallas, USA
Official WebsiteClick Here

Texas Instruments develops MOSFETs and power management ICs for industrial, automotive, and consumer applications, focusing on energy efficiency, thermal management, and integration with smart systems.

5. Renesas Electronics Corporation

Company NameRenesas Electronics Corporation
Established Year2010
HeadquartersTokyo, Japan
Official WebsiteClick Here

Renesas Electronics provides power MOSFETs for automotive, industrial, and renewable energy applications, emphasizing high-efficiency, reliability, and compact devices for next-generation electronics.

6. Toshiba Corporation

Company NameToshiba Corporation
Established Year1875
HeadquartersTokyo, Japan
Official WebsiteClick Here

Toshiba manufactures high-performance power MOSFETs for automotive, industrial, and consumer electronics, focusing on low-loss devices, thermal performance, and high-voltage applications.

7. Mitsubishi Electric Corporation

Company NameMitsubishi Electric Corporation
Established Year1921
HeadquartersTokyo, Japan
Official WebsiteClick Here

Mitsubishi Electric produces MOSFETs for power electronics, automotive, and industrial applications, prioritizing efficiency, high switching frequency, and robust performance.

8. Rohm Semiconductor

Company NameRohm Semiconductor
Established Year1958
HeadquartersKyoto, Japan
Official WebsiteClick Here

Rohm Semiconductor designs power MOSFETs for automotive, industrial, and consumer electronics, focusing on energy efficiency, miniaturized packages, and high-reliability designs.

9. Vishay Intertechnology, Inc.

Company NameVishay Intertechnology, Inc.
Established Year1962
HeadquartersPennsylvania, USA
Official WebsiteClick Here

Vishay Intertechnology manufactures power MOSFETs and discrete semiconductor devices for industrial, automotive, and consumer applications, providing high efficiency, thermal performance, and reliability.

10. Diodes Incorporated

Company NameDiodes Incorporated
Established Year1959
HeadquartersTexas, USA
Official WebsiteClick Here

Diodes Incorporated develops MOSFETs for automotive, industrial, and consumer electronics, emphasizing compact, energy-efficient, and high-performance devices for diverse applications.

How big is the Power MOSFET Market : FAQ's

The Power MOSFET Market is projected to reach USD 2.25 Billion by 2031.
The Power MOSFET Market is expected to grow at a CAGR of 6.00% from 2025 - 2031.
Asia-Pacific and North America are experiencing high adoption due to industrial electronics, EVs, and renewable energy applications.
Segments include automotive MOSFETs, industrial MOSFETs, consumer electronics MOSFETs, low-voltage, high-voltage, and wide-bandgap MOSFETs.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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