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Semiconductors Market to Reach over USD 808.5 Billion by 2030 With CAGR of 6.6%

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According to Report, the semiconductor market size is expected to reach over USD 808.5 billion by 2030 from at USD 430 billion in 2021, poised to grow at a notable CAGR of 6.6% from 2021 to 2030.

What are the Growth Factors of Semiconductors Market?

The global semiconductors market is primarily driven by the rising demand for the consumer electronics, industrial tools & equipment, automotive products, and networking and communication products. The rapid advancements in the technologies in the consumer electronics such as smartphones, laptops, air conditioners, and various other range of products had rapidly boosted the consumption of electronics across the globe, which fueled the growth of the semiconductors market.

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Moreover, the growing popularity of the latest technologies such as Iot, artificial intelligence, and virtual reality is expected to exponentially augment the demand for the semiconductors across the globe. Moreover, the rising demand from the automotive industry for the manufacturing of electric vehicles is driving the market. The semiconductor market is expected to grow substantially owing to the rising investment by the market players to expand the production facilities to tackle the excess demand for the semiconductors across various industries.

However, the on-going shortages of the semiconductors across the globe are resulting in the production shortfall of various electronic products. This is hampering the market growth. However, according to the experts, this shortage is expected to recover by 2023 due to the rising efforts for increasing the production of semiconductors.

Report Highlights

  • Asia Pacific is the dominating and is also expected to be the fastest-growing market for the semiconductors. This is due to the presence of the top manufacturing units of various consumer electronic companies in the region. The nations like China and India are becoming the manufacturing hub of the world owing to the easy and cheap availability o the factors of production. Moreover the favorable policies of the government to attract FDIs is boosting the industrial development, which is a major factor for the increased consumption of the semiconductors in the region. Further, the rising government investments in the region to develop several smart cities that will use latest technologies like AR, VR, IoT, and AI is expected to fuel the demand for the semiconductors in the forthcoming years. Moreover, the rising demand for the consumer electronics in the region owing to the increased urbanization, rising disposable income, and growing demand for the digital products is supplementing the semiconductor market.
  • Europe and North American semiconductors market is estimated to witness considerable growth rate owing to the presence of strong telecommunications and automotive industries in the region. The rapidly rising investments by the market players in the research and developmental activities in the US will provide growth opportunities in the upcoming future.
  • Based on the component, MPU and MCU segment dominated the market in 2020. This is attributed to the increased production of the laptops, desktops, and notebooks across the globe in the past. Furtherrapid growth in the work from home trend across the globe has significantly fostered the demand for the PCs and laptops that resulted in the significant amount of semiconductors across the globe. Moreover, the on-going trend and rising demand for the IoT devices is boosting the demand for the controllers and processorsthat augments the growth of the MPU and MCU segment. According to the National Cable and Telecommunications Association, there were around 50.1 billion connected devices in 2020 across the globe. In 2018, this number was around 34.8 billion. The IoT devices is expected to grow significantly in the upcoming future.
  • Based on the application, the automotive is estimated to be the most opportunistic segment during the forecast period. The increased adoption of the automotive vehicles in the developed regions of Europe and North America has augmented the growth in the past. The rising popularity of the electric vehicles among the global population is spurring the demand for the automotive semiconductors.

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OBJECTIVES OF THE STUDY

  • To analyze and forecast the Semiconductor market, in terms of value and volume
  • To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, segment, and project the size of the global Semiconductor market on the product type, end-use and other segments
  • To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
  • To strategically analyze micromarkets with respect to individual growth trends, growth prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To strategically profile key players and comprehensively analyze their core competencies
  • To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the Semiconductor market

Research Methodology

  • Market estimate for 2021
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Major Players Covered in this Report

The updated market research report on Semiconductor market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers
The major players operating in the semiconductor market are Broadcom, Inc., Intel Corporation, Qualcomm Technologies, Inc., Taiwan Semiconductors, NXP Semiconductors, Samsung Electronics, Texas Instruments, SK Hynix, Micron Technology, Maxim Integrated Products, Inc..

Segments Covered in the Report

By Component

  • Logic Devices
  • MPU
  • Power Devices
  • MCU
  • Analog IC
  • Memory Devices
  • Sensors
  • Discrete Power Devices
  • Others

By Application

  • Data Processing
  • Industrial
  • Networking & Communications
  • Consumer Electronics
  • Automotive
  • Government

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Semiconductor Market 

5.1. COVID-19 Landscape: Semiconductor Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Semiconductor Market, By Component

8.1. Semiconductor Market, by Component Type, 2021-2030

8.1.1. Logic Devices

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. MPU

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Power Devices

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. MCU

8.1.4.1. Market Revenue and Forecast (2019-2030)

8.1.5. Analog IC

8.1.5.1. Market Revenue and Forecast (2019-2030)

8.1.6. Memory Devices

8.1.6.1. Market Revenue and Forecast (2019-2030)

8.1.7. Sensors

8.1.7.1. Market Revenue and Forecast (2019-2030)

8.1.8. Discrete Power Devices

8.1.8.1. Market Revenue and Forecast (2019-2030)

8.1.9. Others

8.1.9.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Semiconductor Market, By Application

9.1. Semiconductor Market, by Application, 2021-2030

9.1.1. Data Processing

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Industrial

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Networking & Communications

9.1.3.1. Market Revenue and Forecast (2019-2030)

9.1.4. Consumer Electronics

9.1.4.1. Market Revenue and Forecast (2019-2030)

9.1.5. Automotive

9.1.5.1. Market Revenue and Forecast (2019-2030)

9.1.6. Government

9.1.6.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Semiconductor Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Component (2019-2030)

10.1.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Component (2019-2030)

10.1.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Component (2019-2030)

10.1.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Component (2019-2030)

10.2.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Component (2019-2030)

10.2.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Component (2019-2030)

10.2.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Component (2019-2030)

10.2.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Component (2019-2030)

10.2.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Component (2019-2030)

10.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Component (2019-2030)

10.3.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Component (2019-2030)

10.3.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Component (2019-2030)

10.3.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Component (2019-2030)

10.3.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Component (2019-2030)

10.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Component (2019-2030)

10.4.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Component (2019-2030)

10.4.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Component (2019-2030)

10.4.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Component (2019-2030)

10.4.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Component (2019-2030)

10.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Component (2019-2030)

10.5.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Component (2019-2030)

10.5.4.2. Market Revenue and Forecast, by Application (2019-2030)

Chapter 11. Company Profiles

11.1. Intel Corporation

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Qualcomm Technologies, Inc.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Broadcom, Inc.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Taiwan Semiconductors

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Samsung Electronics

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Texas Instruments

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. SK Hynix

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Micron Technology

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. NXP Semiconductors

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Maxim Integrated Products, Inc.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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