Tunnel Field-Effect Transistor (TFET) Market Segmentation:
Application Segment Analysis
The global tunnel field-effect transistor (TFET) market is segmented and analyzed for demand and supply by application into analog switches, amplifiers, phase shift oscillators, current limiters, digital circuits, and others. Out of these, the digital circuits segment is estimated to garner the largest market share over the forecast period, backed by the rising adoption of digital circuits in the manufacturing of consumer electronics. The increasing demand for smartphones and the adoption of laptops and other electronic devices are anticipated to propel the market segment growth. As per estimates, in India, the appliance & consumer electronics industry was valued at around USD 9 billion in 2021 and is projected to cross a valuation of over USD 19 billion by the end of 2025. Such a factor is anticipated to boost the growth of the segment during the forecast period. Increasing disposable income is also expected to rise the number of people using the internet across the world.
End-user Segment Analysis
The global tunnel field-effect transistor (TFET) market is also segmented and analyzed for demand and supply by end-user into consumer electronics, industrial, aerospace and defense, and others. Amongst these segments, the consumer electronics segment is expected to garner a significant share. The growth of the market segment is attributed to the increasing use of consumer electronics such as televisions, tabs, mobiles, computers, laptops, and air conditioners. The increasing living standards of people increase the population of internet users owing to increasing penetration of the internet and disposable income of people. As per the observations, in 2021 over 5 billion people used television around the world. According to the estimations, about 5 billion internet users are reported across the world in the year 2023. Additionally, growing digitalization technology and rapid urbanization are estimated to boost market growth.
Our in-depth analysis of the global market includes the following segments:
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