Semiconductor Market Size, Share, and Analysis, By Component (Logic Devices, Memory Devices, MPU, Analog IC, Sensors, Discrete Power Devices, MCU, and Others), By Semiconductors Materials (Packaging, Fabrication), By Semiconductor Devices (Optoelectronics, Discrete Semiconductors, Sensors, Integrated Circuits), By Node Size (5nm, 7/5nm, 10/7nm, 16/14nm, 22/20nm, 32/28nm, 45/40nm, 65nm, 90nm, 130nm, 180nm), By Material Type (Silicon, Silicon carbide, Gallium Nitride, Gallium arsenide, Germanium), By Application (Consumer Electronics, Networking & Communications, Defence and Military, Data Processing, Industrial, Automotive, Telecommunication and Government, Others), By Type (Intrinsic Material, Extrinsic Material) and Regional Forecasts, 2022-2032
Report Overview
PRODUCT OVERVIEW:
Semiconductor market size was USD 504.05 billion in 2021 and projected to grow from USD 591.9 billion in 2023 to USD 1234.4 billion by 2032, exhibiting a CAGR of 8.5% during the forecast period.
Semiconductor is a material having certain electrical properties which allow it to act as a base for few electronic devices like computers. It is generally a compound or solid chemical substance which transmits electricity in few situations and it makes it an essential medium to regulate the electrical current in electrical devices used at home. Semiconductors like memory chips are important and are required for several operations owing to the increasing advancements in technologies.
MARKET HIGHLIGHTS
Semiconductor Market is expected to project a CAGR 8.5% during the forecast period, 2022-2032
Semiconductor Market is expected to reach USD 1234.4 billion, growing at a CAGR of 8.5% during forecast period owing to the technological advancements like development of artificial intelligence (AI), acquiring of internet of things (IoT) has created several growth opportunities for the semiconductors market. Semiconductors are utilized to boost technologies that enhance ease to consumers by improving the businesses to run early, effectively and smarter.
SEMICONDUCTOR MARKET SEGMENTATION:
Memory Devices segment is expected to grow with high CAGR during the forecast period
Semiconductor Market is classified based on the Component into Logic Devices, Memory Devices, MPU, Analog IC, Sensors, Discrete Power Devices, MCU, and Others. Memory Devices segment is expected to dominate the market in the forecast period owing to several advancements in technology like cloud computing, virtual reality etc. The high price of few chips like NAND flash and DRAM are expected boost the growth of the market. The high demand for the memory devices is also expected to boost the growth of the market.
Networking & Communications segment expected to grow with high CAGR during the forecast period
Semiconductor Market is classified based on the Application into Consumer Electronics, Networking & Communications, Defence and Military, Data Processing, Industrial, Automotive, Telecommunication and Government, Others. Networking & Communications segment is expected to dominate the market in forecast period owing to the high demand for smartphones and smart devices which include the necessity of network and communication. The need of remote working has increased creating demand for the growth of the segment in Semiconductor market.
MARKET DYNAMICS:
Growth Drivers
Growing Usage of Electronic Device is Expected to Boost the Growth of the Market
The acceptance and usage of electronics devices has increased globally. The innovation of artificial intelligence (AI), machine learning (ML) and Internet of Things (IoT) had positive impact on the growth of the market and assist memory chips in operating huge volume of data in minimal duration. The growing requirement for rapid and modern memory chips is expected to boost the growth of the Semiconductor market during the forecast period. Several advancements included with wirelessly communication with devices dominating the market growth. System on a Chip (SoC) permit devices to control with advanced security and high-power efficiency.
Incresing Demand for Integrated Circuits is Expected to Boost Market Growth
A well-established production and assembling plants of smartphone and home essential electrical devices manufacturing are anticipated to drive the growth of the market. The increasing number of device manufacturers globally and rising investments in research and development are expected to drive market growth. Increasing population with disposable incomes and urbanization are resulting in creating demand for electronics devices thereby boosting the growth of Semiconductor Market.
Restraint
Tariff Charges Applied May Restrain the Growth of the Market
The imposition of trade restrictions with countries like china and the tariff charges applicable on all the industrial goods and materials embedded with chips are expected to restrict the growth of the semiconductors market.
RECENT DEVELOPMENTS:
In September 2021, Toshiba Electronic Devices & Storage Corporation introduced new M4G Group of Arm Cortex-M4 Microcontrollers to process high-speed data products.
In February 2020, Toshiba Electronic Devices and Storage Corporation initiated TC78H670FTG, a new micro-stepping integrated circuit which was expected to drive a 128 micro-stepping motor in 2.5V to 16V power range.
Semiconductor Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Asia Pacific dominated the market in 2021 and is expected to continue its dominance over the forecast period owing to the growing adoption of advanced technology-based devices, with low prices resulting in increased purchase thereby having positive impact on the growth of the market. The advancements in technology is expected to boost the growth of semiconductor market in the forecast period.
Impact of Covid-19 on Semiconductor Market
The COVID-19 outbreak had resulted in the downfall of economies globally. Several countries had imposed lockdowns and applied travel restrictions to control the spread of the virus. The shutdown of industrial areas, restrictions applied on transportation of material and lack of skilled labour had negative impact on the growth of market. Increased remote working during the pandemic had resulted in creating deman for electronic devices and networking & communication. Covid-19 had slight impact on the growth of the Semiconductor Market.
Semiconductor Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA.
SEMICONDUCTOR MARKET SCOPE AND SEGMENTS:
ATTRIBUTE
DETAILS
Study Period
2018-2032
Base Year
2022
Forecast Period
2021-2032
Historical Period
2019-2021
Growth Rate
CAGR of 8.5% from 2022-2032
Unit
Value (USD Billion)
Segmentation
Main Segments List
Component
Logic Devices
Memory Devices
MPU
Analog IC
Sensors
Discrete Power Devices
MCU
Others
Semiconductors Materials
Packaging
Fabrication
Semiconductor Devices
Optoelectronics
Discrete Semiconductors
Sensors
Integrated Circuits
Node Size
5nm
7/5nm
10/7nm
16/14nm
22/20nm
32/28nm
45/40nm
65nm
90nm
130nm
180nm
Material Type
Silicon
Silicon carbide
Gallium Nitride
Gallium arsenide
Germanium
Application
Consumer Electronics
Networking & Communications
Defence and Military
Data Processing
Industrial
Automotive
Telecommunication and Government
Others
Type
Intrinsic Material
Extrinsic Material
By Region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Scandinavia
Rest of Europe
Asia Pacific
China
Japan
India
Australia
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Frequently Asked Questions (FAQ):
Semiconductor Market size was estimated at USD 504.05 billion in 2021 and is expected to reach USD 1234.4 billion in 2032.
Semiconductor is a material having certain electrical properties which allow it to act as a base for few electronic devices like computers. It is generally a compound or solid chemical substance which transmits electricity in few situations and it makes it an essential medium to regulate the electrical current in electrical devices used at home.
Memory Devices and Networking & Communications segment accounted for the largest Semiconductor market share.
Key players: Qualcomm, NXP Semiconductors N.V., Intel Corporation, Micron Technology, Broadcom, Inc., Samsung Electronics, SK Hynix, Toshiba Corporation, Taiwan Semiconductors, Texas Instruments, NVIDIA Corporation and Other Prominent Players are the key players in the Semiconductor Market.
Growing Usage of Electronic Device and Growing Demand for Integrated Circuits are the factors driving the Semiconductor market.
Table Of Content
1.Executive Summary
1.1.Regional Market Share
1.2.Business Trends
1.3.Semiconductor Market: COVID-19 Outbreak
1.4.Regional Trends
1.5.Segmentation Snapshot
2.Research Methodology
2.1.Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3.Market Characteristics
3.1.Market Definition
3.2. Semiconductor Market: COVID-19 Impact
3.3.Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.Semiconductor Market – Industry Insights
4.1.Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability
5.Macroeconomic Indicators
6.Recent Developments
7.Market Dynamics
7.1.Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4.Market Restraints
7.5.Market Trends
8.Risk Analysis
9.Market Analysis
9.1.Porters Five Forces
9.2.PEST Analysis
9.2.1.Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10.Semiconductor Market
10.1.Overview
10.2.Historical Analysis (2016-2021)
10.2.1.Market Size, Y-o-Y Growth (%) and Market Forecast
15.Middle East and Africa Semiconductor Market Size & Forecast 2022A-2032F
15.1.Overview
15.2.Key Findings
15.3.Market Segmentation
15.3.1.By Component
15.3.2.By Semiconductor Materials
15.3.3.By Semiconductor Devices
15.3.4.By Node Size
15.3.5.By Material Type
15.3.6.By Application
15.3.7.By Type
15.4.Country
15.4.1.Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4.South Africa
15.4.5.Rest of Middle East and Africa
16.Latin America Semiconductor Market Size & Forecast 2022A-2032F
16.1.Overview
16.2.Key Findings
16.3.Market Segmentation
16.3.1.By Component
16.3.2.By Semiconductor Materials
16.3.3.By Semiconductor Devices
16.3.4.By Node Size
16.3.5.By Material Type
16.3.6.By Application
16.3.7.By Type
16.4.Country
16.4.1.Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17.Competitive Landscape
17.1.Company market share, 2021
17.2.Key player overview
17.3.Key stakeholders
18.Company Profiles
18.1.Qualcomm
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3.Market Share
18.1.4.4.Recent News & Development (Last 3 Yrs.)
18.1.4.5.Executive Team
18.2.NXP Semiconductors N.V.
18.3.Intel Corporation
18.4.Micron Technology
18.5.Broadcom, Inc.
18.6.Samsung Electronics
18.7.SK hynix
18.8.Toshiba Corporation
18.9.Taiwan Semiconductors
18.10.Texas Instruments
18.11.NVIDIA Corporation
18.12.Other Prominent Players
19.Appendix
20.Consultant Recommendation
Research
Methodology
Primary Research
Fatpos Global’s dedicated primary research wing comprises a team of analysts adept
at conducting and engaging in detailed primary interviews with key industry
stakeholders across the entire value chain.
The primary research comprises formulation of a detailed discussion guides composed
of questions pertaining to various data points essential developing an in-depth
report.
The subsequent stages development of an exhaustive market participants, key opinion
leaders, industry experts and executives, among others.
Manufacturers, distributors & suppliers, key End Users, industry experts, opinion
leaders, and industry association members, among others compose the sample for the
research study
Supply Side
R&D technicians and technologists
Procurement Managers
Physician If s/Specialist
Research Professors
Healthcare Providers
Consumers
Distributors & Channels
Service Provide
Demand Side
CEOs
Vice presidents
Marketing directors
RProduct Managers
Regional Sales and
Marketing Managers
Business Development
Plant Manage
Research Framework
Objective of Research
The objective of the research is to provide a 360 holistic view on the market and
bringing the insights that can help stakeholders identify the opportunities as well
as challenges.
We have provided the market size in terms of value and volume of market with
segmentation and offers in-depth commentary and accurate quantitative insights.
The study also includes incisive competitive landscape analysis, and provides key
recommendations to market players on winning imperatives and successful strategies.
Primary Research
Fatpos Global’s dedicated primary research wing comprises a team of analyst adept
at conducting and engaging in detailed primary interviews with key industry
stakeholders across the entire value chain.
The primary research comprises formulation of a detailed discussion guides composed
of questions pertaining to various data points essential developing an in-depth
report.
The subsequent stages development of an exhaustive market participants, key
opinion leaders, industry experts and executives, among others.
Manufacturers, distributors & suppliers, key End Users, industry experts, opinion
leaders, and industry association members, among others compose the sample for the
research study
Analysts compile the whole data from demand and supply-side perceptions
Secondary Research
Data is gathered from various secondary databases.
Diligently tracking the secondary sources for closely monitoring the market trends
and insights.
Analysts compile the whole data from demand and supply-side perceptions for the
better outputs.
Data Sources
Research Approach
Demand Estimation of each product across countries/regions summed from the total
market
Variable analysis for demand forecasting
Demand estimation via analysing paid database, company financials either via annual
report or database
Primary interviews for data revalidation and insights collection.
Used extensively for new product forecasting or analysing penetration level
Tool used invoices product flow & penetration models
Use of regression multi variate analysis for forecasting
Involve extensive use of paid and public database
Primary interviews & vendor-based primary research for variable impact analysis
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