Tunnel Field-effect Transistor (TFET) Market to Grow at 12% CAGR
Tunnel field-effect transistor (TFET)market is expected to show steady growth of around 12% CAGR, over the forecast period. The tunnel field-effect transistor happens to be an innovative type of transistor.
The basic structure of a tunnel field-effect transistor is very much similar to a MOSFET apart from the fact that the drain and source terminals of a tunnel field-effect transistor are fixed of opposite types.
The tunnel field-effect transistor is a semiconductor device anticipated to work at low-power logic applications that employs band-to-band tunneling as a carrier injection mechanism.
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What is Driving Demand for Tunnel Field-effect Transistor?
The increasing demand to collect and analyze large volumes of data has led to an explosion of energy consumption in data centers, which is increasing exponentially over time. Silicon-based TFETs are good for achieving low subthreshold swing, but the equally large bandgap of silicon means that they can provide only low on-current levels.
Growing demand for low power and high performance transistors is one of the major factors driving Tunnel Field-Effect Transistor sales. However, for the tunnel field-effect transistors to become a competitive replacement for the conventional MOSFET, there is still a need for decrease in SS and increase ION.
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Emergence of Tunnel Field-Effect Transistor (TFET)
Over the last few decades, there has been extensive investigations on tunnel field-effect transistor devices for ultra-low power and high-performance operation. Transistors happen to be the basic building blocks of all modern electronic gadgets.
With the advent of CMOS circuits, the dimensions of the transistors are constantly being scaled down in order to add more logic to a silicon wafer while aiming to reduce the power consumption in the circuits. With the growing popularity of mobile devices, there has been an increase in demand for low power devices with steep switching characteristics.
A tunnel field-effect transistor has a steep switching characteristic and is increasingly being implemented across different mobile devices. Growing demand for better performance and lower power consumption happen to be major factors driving the growth of tunnel field-effect transistor market.
However, there are still concerns related to tunnel field-effect transistor design in terms of dealing with assisted tunneling and diffused junction profiles, which adversely affect the ON current while causing an increase in leakage.
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US & Canada Demand Outlook for Tunnel Field-Effect Transistor (TFET)
The US have been one of the major economies across the globe. The growing demand for next-gen mobile devices in the country is majorly responsible for driving the growth of tunnel field-effect transistor market. Tunnel field-effect transistors are based on ultrathin nanowires which helps in achieving a huge power reduction over the conventional CMOS transistors.
Hence, integration of tunnel field-effect transistor with CMOS technology helps in enhancing the low-power integrated circuit. Hence, due to advancements in technology and growth in demand for field effect transistors, the demand for tunnel field-effect transistor continues to grow. Moreover, the presence of established players in North America make the region one of the leading regions across the globe.
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Europe Tunnel Field-Effect Transistor (TFET) Outlook
Emergence of advanced technologies in Europe in past few years, have made the region one of the advanced region in the world for 5G technology implementations, enabling next-generation wireless connectivity.
Major factors accelerating digitalization and wireless connectivity in Europe countries include increasing investments in implementation of upcoming technologies, digital transformation in mobile communications, and others.
With the rise in demand for mobile technologies, there has been a corresponding rise in demand for tunnel field-effect transistors, in countries like UK, Germany, and France which is further anticipated to grow exponentially in the coming years.
Who are the Key Tunnel Field-Effect Transistor (TFET) Vendors?
Some of the leading vendors offering tunnel field-effect transistors include
- ST Microelectronics
- Infineon Technologies
- Texas Instruments
- Avago Technologies
- Focus Microwave
- Advance Linear Devices Inc.
- TriQuint Semiconductor
- Deveo Oy
- Fairchild Semiconductors
These vendors have adopted various key strategies, to increase their customer base, in the local markets as well as international markets. The companies are investing millions of dollars into research and development in order to offer enhanced products to its customers, across various industries.
- Lateral Tunneling
- Vertical Tunneling
- Analog Switches
- Phase Shift Oscillator
- Current Limiter
- Digital Circuits
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- East Asia
- South Korea
- South Asia & Pacific
- Australia & New Zealand
- Rest of South Asia & Pacific
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Tunnel Field-effect Transistor (TFET) Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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