Varactor diodes also known as tuning diodes are p-n junction diode whose capacitance can be varied by varying the reverse voltage. They are semiconductor devices that are widely used in the electronics industry. Radiofrequency circuits mainly uses varactor diodes to provide a capacitance that can be varied by changing a voltage in an electronics circuit. Various types of varactor diodes are available in the market such as hyperabrupt, abrupt and gallium-arsenide diodes.
Increasing adoption for consumer electronics for entertainment purpose which includes tablets, smartphones, and electronic gadgets such as DVD recorders and players is a major factor driving growth of the global varactor market. In addition, adoption of varactor diode in defense and military purposes due to its high performance is another factor expected to support growth of the global varactor diode market over the forecast period. Furthermore, availability of varactor diode at lower costs, light weight and smaller size are some characteristics supporting the growth of varactor diodes in the near future.
However, varactor diodes are only limited to work in reverse biased mode, which reduces its usage when forward biased mode is required, which is expected to hamper growth of this market.
The global varactor diode market report has been segmented on the basis of breakdown voltage, application, and region. On the basis of region, the global varactor diode market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among the application segment, mobile devices accounted for highest revenue share contribution as compared to other applications.
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Currently, the market in Asia Pacific dominates the global varactor diode market in revenue terms owing to increasing number of mobile subscribers, and increasing demand for consumer electronics in countries in the region. The market in North America expected to account for second-highest revenue share in the global varactor market, owing to increasing adoption of varactor diodes in defense and military purposes, followed by markets in Europe, Latin America, and Middle East & Africa respectively.
Some key players in the global wound closure products market include Diodes Inc., Infineon Technologies AG, NXP Semiconductors N.V., ON Semiconductor Corp., Skyworks Solutions Inc., Toshiba Corporation, Renesas Technology Corp, and NTE Electronics, Inc.