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Small Signal Transistor Market | Proliferation of IoT Devices to Boost Growth through 2020-2024 | Technavio – Odessa American: Business
The small signal transistor market is set to grow by USD 101.76 million accelerating at a CAGR of almost 3%, during the period spanning over 2020-2024. One of the key factors driving growth is the increasing demand for IoT. The proliferation of IoT devices is increasing the demand for sensors, microcontrollers, and memory devices. The growing demand for power electronics is a significant trend that will further stimulate market growth. The growing demand for power electronics in end-user industries is resulting in the higher adoption of small signal transistors.
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