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Junction Gate Field-Effect Transistor (JFET) Market Segmented By Product Type such as Through Hole, Surface Mount, Bare Die having Dual N-Channel, N-Channel, P-Channel as Channel Type having Amplifier, Phase Shift Oscillator, Electronic Switch, Voltage Regulator
Demand for JFETs is expected to grow at a CAGR of ~7% during the forecast period 2021-2031. The junction field effect transistor (JFET) is a type of field effect transistor (FET). It is three terminal uni-polar solid state device that can be used as voltage controlled resistors or electronically controlled switch.
The tremendous progress made in semiconductor manufacturing processes, coupled with the expansion of connected devices in developing countries and the spread of the IoT network, will be a driving force for the demand of JFET in the coming years.
Moreover, high demand for consumer electronics, and the rising adoption of highly integrated electronic components, such as FPGAs and System on Chip (SoC), is projected to amplify the sales of JFETs over the forecast period. The complexity and miniaturization of the latest generation electronic components is likely to broaden the areas of application of JFETs.
The major factors bolstering the growth include increasing demand for low power and high-speed devices due to changing consumer preferences and trends towards IoT-enabled devices, increasing adoption of digital circuits using JFET as well as digitization of analog circuits with JEFTs by end-users.
Further, the elements propelling the sales of JEFT can be attributed to technological innovations and constantly changing consumer tastes. Increasing disposable income levels among consumers is also a key factor fueling the growth of the industry across regions. In addition, low labor costs when compared with other regions have led to an increase in manufacturing activities causing higher production output.
JFETs are used in several end-use applications in automotive, aerospace & defense, and medical industries. JEFTs are highly used in military applications to control the flow of electric current in the electric switches. Switches used in choppers consist of an electronic switch that is useful for operations such as low noise, mid-high frequency designs, and fast switching, suitable for military applications.
JFET manufacturers across the world are persistently engaged in development of advanced JFETs for use in automotive and military applications, which is expected to further bolster the demand for JFETs in the future.
South Asia & Pacific is likely to hold a major share in the JFET sales throughout the forecast period, due to the presence of large number of manufacturers operating in the region. Many new market entrants along with well-established players in South Asia & Pacific are focusing on latest trends in semiconductor products, creating new revenue generating avenues, which is estimated to propel the sales in the region over period under review.
Moreover, the growing adoption of high-end technology based devices, along with reasonable prices, is leading to a surging consumption of consumer electronic in the region. Also, introduction of LTE and IoT technologies are supporting the adoption of electronic products, thereby indirectly augmenting the sales of JFET devices over the coming years.
The JFET demand in Europe is estimated to register a substantial growth during the forecast period. Companies across the region are continuously investing in development of new technologies and increasing their production capacities to cater to the surging demand for advanced devices and components in the industry. In addition, the ever-rising semiconductor industry in the Russia, U.K., Germany, and France is likely to positively impact the demand for JFET in the region.
Furthermore, the latest electronic technologies have considerably reduced the costs and time required for manufacturing semiconductors and integrated circuits, increasing the profit margin reserved for companies. The significant advancements in technologies coupled with the need for effective test systems and the complexity of the design are factors that will favor the expansion of the JFET industry.
This represents an essential opportunity for JFET manufacturers, whose priority is to improve their product portfolio, by constant investments in research and development by adapting to the latest trends in the semiconductor industry.
Some of the leading providers of JFET include
Companies operating in the JFET market are aiming at strategic collaborations, partnerships, and acquisitions with other manufacturers to address the demand of an ever-rising customer pool by expanding their offerings and production facilities.
By Product Type
By Channel Type
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