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Growth of Semiconductor Market Attributed to Thriving Automotive Industry

Published By: IndustryARC Published On : 08-May-2019

Existence of semiconductors is visible everywhere, starting from smartphones to satellites, a combination of physics, chemistry, and electrical engineering. Worldwide electronic devices are equipped with these semiconductors, which are defining the new cutting-edge technologies. A recently published business intelligence report of IndustryARC states that the global semiconductor market size stood at $426.4 billion in the year 2018. Additionally, opportunities are set to grow with a Compound Annual Growth Rate (CAGR) of 6.50% over the forecast period of 2019-2025.

The report is titled “

Semiconductor Market: By Type (Intrinsic Semiconductor, Extrinsic Semiconductor); By Components ( Seals, Filters, Mass flow Controllers, Valves, Others); By Instrument (Collection, Monitoring, Data Measurement, Others); By Subsystem (Robotics, Vacuum, Power Conversion, Others)); By Process (Water Production, Wafer Fabrication, Doping, Masking, Etching, Others); By Application (Networking &Telecommunication, Energy, Automotive, Computing, Consumer Electronics, Sports & Fitness, Others)& Geographic Analysis - Forecast (2019-2025)

.” It gives an in-depth assessment of the competitive landscape, semiconductor market trends, drivers, and opportunities; and strategic analysis of the global semiconductor market.

Semiconductor Market: Leading Segments

China is the largest consumer of semiconductors, along with this numerous Chinese companies are manufacturing specialized semiconductors for artificial intelligence (AI) and chip architectures to leverage the growth of the mobile smartphone industry. China is the leading importer of parts of diodes, transistors, and similar semiconductor devices. Photosensitive semiconductor was valued $3,490,829 thousand in 2018 and occupied a share of 38.4%[1] in world imports. For this, APAC was identified as the dominating region with a regional share of 42.40% in the global semiconductor market.

Silicon, germanium, gallium arsenide, silicon carbide, gallium nitride and gallium phosphide are the diverse material types, which are highly used in the semiconductors. Connected cars and electric vehicles are playing a crucial role in the automotive industry in which improved battery performance and connectivity options are processed using a wide variety of sensors and semiconductors. Thus, more traffic is driven towards the semiconductor industry because of the rapid progression in the automotive industry. Therefore, automotive was identified as the fastest growing application segment, growing at a CAGR of 5.88% during the aforesaid forecast period.

Semiconductor Market: Disruptive Trends

o   Integrated Chips (ICs) manufacturers influence the drive changing technologies. These technologies are boosting the growth of semiconductors by reshaping the business operations and strategies.

o   AI, autonomous vehicles, Internet of things, and virtual reality are the robust developments in the technology of the digital era, which are augmenting the growth of analog ICs and sensors.

o   Amplified consumption of semiconductors in the electronic components that are used in the map reading of automobiles, safety, and infotainment attributes the growth of the semiconductor industry.

o   Prevalent use of semiconductors in electronic devices which include LED TVs, flat-screen monitors, smartphones, and in civil aerospace and military systems. In addition to this, it is also thriving in biometrics.

Semiconductor Market: Competitive Landscape

Intel, Qualcomm, SK Hynix, Samsung, Micron, Broadcom, Toshiba, Mediatek, STMicroelectronics, TI, NXP, Infineon, Sony, Western Digital, Renesas, Apple, Analog Devices, and AMD are the prosperous players who are leading in the global semiconductor market with their semiconductor market share

Talk to one of our sales representative about the full report by providing your details in the link below:

https://industryarc.com/support.php?id=18466

Related Report

s

:

A.   

Logic Semiconductors Market

https://industryarc.com/Report/15771/logic-semiconductors-market.html

B.    

Semiconductor & IC Packaging Materials Market

https://industryarc.com/Research/Semiconductor-Ic-Packaging-Materials-Market-Research-500483

C.

What can you expect from the report?

The semiconductor market is prepared with the main agenda to cover the following 20 points:

1. Market Size by Product Categories & Application           11. Demand Analysis (Revenue & Volume)

2. Market trends & Relevant Market Data                            12. Country level Analysis

3. Manufacturer Landscape                                                   13. Competitor Analysis

4. Distributor Landscape                                                       14. Market Shares Analysis

5. Pricing Analysis                                                                 15. Value Chain Analysis

6. Top 10 End user Analysis                                                  16. Supply Chain Analysis

7. Product Benchmarking                                                      17. Strategic Analysis

8. Product Developments                                                      18. Current & Future Market Landscape Analysis

9. Mergers & Acquisition Analysis                                       19. Opportunity Analysis

10. Patent Analysis                                                                20. Revenue and Volume Analysis

Frequently Asked Questions:

Q. Does IndustryARC provide customized reports and charge additionally for limited customization?

Response:

Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:

1. Increase the level of data in application or end user industry.

2. Increase the number of countries in geography chapter.

3. Find out market shares for other smaller companies or companies which are of interest to you.

4. Company profiles can be requested based on your interest.

5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.

Any other custom requirements can be discussed with our team, drop an e-mail to [email protected]  to discuss more about our consulting services.

To request for a proposal, provide your details in the below link:

https://industryarc.com/reports/request-quote?id= 18466

Media Contact:

Mr. Venkat Reddy

Sales Manager          

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Or Email 2: [email protected]

Contact Sales: +1-614-588-8538 (Ext-101)

About IndustryARC

: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.

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