Semiconductor and ElectronicsPress Releases

Semiconductor Market Revenue to Reach US$ 772 Billion by 2030

The semiconductor market size is projected to reach around US$  772+ billion by 2030 from USD 430 billion in 2021 growing at a CAGR of 6.6% from 2021 to 2030. The report contains 150+ pages with detailed analysis.

The base year for the study has been considered 2021, the historic year 2019 and 2020, the forecast period considered is from 2021 to 2030. The semiconductor market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).

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.

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.

Download the Sample Pages of this Report for Better Understanding (Including TOC, List of Tables & Figures, and Chart) @

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.

Semiconductor Market Scope

This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, the Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes the market by key players and various segment. This report also studies global market prominence, competitive landscape, market share, growth rates market dynamics such as drivers, restraints and opportunities, and distributors and sales channels.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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.

The geo-politics may have a negative impact on the market growth. Like, the trade war between US and China resulted in the increased tariffs which will reduce the demand for the digital and electronics demand among the consumers. The trade war between China and US that started in 2018, if continues, then US may face a loss of over 15% of the market share in the semiconductors market.

The rising demand for the integrated chips owing to the increased demand for the mobile phones across the globe is significantly driving the market growth. Moreover, rising demand for the latest washing machines, dishwashers, and numerous other consumer electronics is boosting the consumption of the semiconductors, thereby propelling the market growth.

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.

Semiconductor Market Share, By Application, 2020 (%)

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.

Report Attribute of the Semiconductor Market
Report Highlights Details
Market Size USD 772.03 Billion by 2030
Growth Rate CAGR of 6.6% From 2021 to 2030
Largest Market Asia Pacific
Fastest Growing Market North America and Europe
Base Year 2021
Forecast Period 2021 to 2030
Read : Continuous Glucose Monitoring Device Market Size | Report
Semiconductor Key Players/Manufacturers

This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the semiconductor market and ranks noticeable companies as per their occurrence in diverse regions across the globe and crucial developments initiated by them in the market space.

This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the global semiconductor market include:

  • Intel Corporation
  • Qualcomm Technologies, Inc.
  • Broadcom, Inc.
  • Taiwan Semiconductors
  • Samsung Electronics
  • Texas Instruments
  • SK Hynix
  • Micron Technology
  • NXP Semiconductors
  • Maxim Integrated Products, Inc.
Semiconductor Market Segments Covered

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

Research Objective

  • To provide a comprehensive analysis of the semiconductor industry and its sub-segments in the global market, thereby providing a detailed structure of the industry
  • To provide detailed insights into factors driving and restraining the growth of this global market
  • To provide a distribution chain analysis/value chain for the this market
  • To estimate the market size of the global semiconductor market where 2019 would be the historical period, 2020 shall be the base year, and 2020 to 2027 will be the forecast period for the study
  • To provide strategic profiling of key companies (manufacturers and distributors) present across the globe, and comprehensively analyze their competitiveness/competitive landscape in this market
  • To analyze the global market in four main geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World
  • To provide country-wise market value analysis for various segments of the semiconductor

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 List of Suppliers List of Buyers

Chapter 8. Global Semiconductor Market, By Component

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

8.1.1. Logic Devices Market Revenue and Forecast (2019-2030)

8.1.2. MPU Market Revenue and Forecast (2019-2030)

8.1.3. Power Devices Market Revenue and Forecast (2019-2030)

8.1.4. MCU Market Revenue and Forecast (2019-2030)

8.1.5. Analog IC Market Revenue and Forecast (2019-2030)

8.1.6. Memory Devices Market Revenue and Forecast (2019-2030)

8.1.7. Sensors Market Revenue and Forecast (2019-2030)

8.1.8. Discrete Power Devices Market Revenue and Forecast (2019-2030)

8.1.9. Others 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 Market Revenue and Forecast (2019-2030)

9.1.2. Industrial Market Revenue and Forecast (2019-2030)

9.1.3. Networking & Communications Market Revenue and Forecast (2019-2030)

9.1.4. Consumer Electronics Market Revenue and Forecast (2019-2030)

9.1.5. Automotive Market Revenue and Forecast (2019-2030)

9.1.6. Government 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. Market Revenue and Forecast, by Component (2019-2030) Market Revenue and Forecast, by Application (2019-2030)

10.1.4. Rest of North America Market Revenue and Forecast, by Component (2019-2030) 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 Market Revenue and Forecast, by Component (2019-2030) Market Revenue and Forecast, by Application (2019-2030)

10.2.4. Germany Market Revenue and Forecast, by Component (2019-2030) Market Revenue and Forecast, by Application (2019-2030)

10.2.5. France Market Revenue and Forecast, by Component (2019-2030) Market Revenue and Forecast, by Application (2019-2030)

10.2.6. Rest of Europe Market Revenue and Forecast, by Component (2019-2030) 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 Market Revenue and Forecast, by Component (2019-2030) Market Revenue and Forecast, by Application (2019-2030)

10.3.4. China Market Revenue and Forecast, by Component (2019-2030) Market Revenue and Forecast, by Application (2019-2030)

10.3.5. Japan Market Revenue and Forecast, by Component (2019-2030) Market Revenue and Forecast, by Application (2019-2030)

10.3.6. Rest of APAC Market Revenue and Forecast, by Component (2019-2030) 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 Market Revenue and Forecast, by Component (2019-2030) Market Revenue and Forecast, by Application (2019-2030)

10.4.4. North Africa Market Revenue and Forecast, by Component (2019-2030) Market Revenue and Forecast, by Application (2019-2030)

10.4.5. South Africa Market Revenue and Forecast, by Component (2019-2030) Market Revenue and Forecast, by Application (2019-2030)

10.4.6. Rest of MEA Market Revenue and Forecast, by Component (2019-2030) 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 Market Revenue and Forecast, by Component (2019-2030) Market Revenue and Forecast, by Application (2019-2030)

10.5.4. Rest of LATAM Market Revenue and Forecast, by Component (2019-2030) 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

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

Why Buy this Report?

The purpose of Precedence Research’s semiconductor market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.

Buy Full Research Report (Single User License US$ 4500) @

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333




Follow us on LinkedIn | Twitter | Facebook

Show More

Market Stats News

Market Stats News is a Canada/India based company and one of the leading providers of strategic market insights. We offer executive-level blueprints of markets and solutions beyond flagship surveys. Our repository covers consultation, syndicated market studies, and customized research reports. Through our services, we aim at connecting an organization’s goal with lucrative prospects globally.

Related Articles

Back to top button