Zener diode is a specific kind of diode which primarily allows current to flow from its anode to the cathode; however, it also helps the current to flow in the reverse direction. Highly doped p-n junction is a prime feature of Zener diodes. The sharpness and voltage of the knee is better defined of a Zener diode than any conventional or normal diode. Moreover, traditional diodes are not particularly designed to work in the breakdown region. However, Zener diodes are primarily designed in such a way that they can perfectly operate in the breakdown region. A Zener diode is used for regulating voltage in practical circuit applications. The key function of Zener diodes is to regulate voltage in different equipment. In terms of type, the Zener diodes market can be segmented into surface mount Zener diode and through-hole Zener diode. In terms of end-use industry, the market for Zener diodes can be segmented into consumer electronics, information technology, industrial, telecommunication, and automotive. In terms of geography, the market for Zener diodes can be segmented into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa.
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Increasing application of Zener diodes across consumer electronics is acting as a major driver for the market globally. Increasing usage of Zener diodes in electronic tools and electrical equipment is also fueling the market for Zener diodes across different regions. The surface mount Zener diodes are directly mounted on a PCB (printed circuit board) is also one of the major driving factors for the market. Increasing adoption of advanced diodes is also boosting the market for Zener diodes. Growing application of Zener diodes in the telecommunication industry is a key factor driving the Zener diodes market. Increasing number of semiconductor manufacturing hubs in developing nations is also fueling the expansion of the market for Zener diodes. Device miniaturization is a major trend which is also a major factor propelling the market. Design complexities are a major restraint for the Zener diodes market globally. Application of Zener diodes in advanced research and development is fueling the application of Zener diodes in different industries, which is a key factor fuelling the expansion of the Zener diodes market.
In 2016, In terms of revenue, Asia Pacific was leading the Zener diodes market Zener in 2016.North America and Europe followed Asia Pacific in terms of market share. China held a major share of the Zener diodes market in Asia Pacific in 2016, while Japan, India, South Korea, and Taiwan followed China in terms of market share. In North America, the U.S. is leading the market for Zener diodes, followed by Canada and Mexico. Germany, the U.K., Italy, and France contributed prominent shares in the Zener diodes market in terms of revenue across Europe. The UAE, South Africa, Brazil, and Argentina are dominating the markets for Zener diodes across Middle East & Africa and Latin America.
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Product innovation through research and development activities along with strategic agreements with other companies is adopted by major companies operating in the Zener diodes market globally. Manufacturers are focusing on strengthening distribution and supply channels for better market penetration, which is another key business strategy for companies operating in the field of Zener diodes globally. Key players operating in the global Zener diodes market include Vishay Intertechnology, Inc. (The U.S.), Diodes Incorporated (The U.S.), ON Semiconductor (The U.S.), ROHM Semiconductor (Japan), NXP Semiconductors N.V. (The Netherlands), Microsemi Corporation (U.S.), Toshiba Corporation (Japan), Torex Semiconductor Ltd. (Japan), Suzhou Good-Ark Electronics Co. Ltd. (China), Renesas Electronics Corporation (Japan), Comchip Technology Co., Ltd. (Taiwan), Anova Technologies (The U.S.), Bourns, Inc. (The U.S.), Guangdong Kexin Electronic Co.,Ltd. (China), and Micro Commercial Components Corporation (U.S.).