Global Semiconductor Market to Generate a Revenue of $ 893.10 Billion by 2029, Growing at a CAGR of 9.2% from 2022-2029
Posted on Jun 23 2022 4:54 AM
"Companies in the Semiconductor Market are Broadcom, Inc. (California, United States), Intel Corporation (California, United States), Qualcomm (California, United States), Samsung Electronics (Suwon-si, South Korea), SK Hynix (Gyeonggi, South Korea), Taiwan Semiconductors (Hsinchu, Taiwan), Texas Instruments (Texas, United States), Toshiba Corporation (Tokyo, Japan), Maxim Integrated Products, Inc. (California, United States), Micron Technology (Idaho, United States), NVIDIA Corporation (California, United States), NXP Semiconductors N.V. (Eindhoven, the Netherlands) "
The Global “Semiconductor Market Size ” 2022 research report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Semiconductor Market report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analysed the impact of COVID-19 (Corona Virus) on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.
The market is projected to grow from USD 483.00 billion in 2022 to USD 893.10 billion by 2029, exhibiting a CAGR of 9.2% during the forecast period.
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Drivers & Restraints
Increasing Investments by Companies in Developing Advanced Devices to Boost Growth
The surging population and rapid urbanization are further resulting in the increasing household disposable income levels across the globe. It is, in turn, creating a high demand for advanced and regular consumer electronics devices. Appliances and devices, such as refrigerators, TVs, washing machines, and smartphones contain Integrated Circuit (IC) chips for their efficient functioning. Therefore, a large number of companies, especially Huawei, Apple, and Samsung are investing huge sums in the development of unique devices to fulfil the rising demand for novel devices. These factors are expected to propel the semiconductor market growth in the near future. However, the imposition of trade restrictions by the U.S. with China from 2018 may decline the former’s share and hence, hinder the demand for semiconductors.
Learning from the impacts of COVID-19
COVID-19 brought fast-moving and unexpected impacts for which many existing plans and teams were unprepared. But by learning the right lessons from the pandemic and building resilience for the next crisis, businesses have an opportunity to turn the COVID-19 disruption to their advantage
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Companies involved in the global Semiconductor Market research report are:
- Broadcom, Inc. (California, United States)
- Intel Corporation (California, United States)
- Qualcomm (California, United States)
- Samsung Electronics (Suwon-si, South Korea)
- SK Hynix (Gyeonggi, South Korea)
- Taiwan Semiconductors (Hsinchu, Taiwan)
- Texas Instruments (Texas, United States)
- Toshiba Corporation (Tokyo, Japan)
- Maxim Integrated Products, Inc. (California, United States)
- Micron Technology (Idaho, United States)
- NVIDIA Corporation (California, United States)
- NXP Semiconductors N.V. (Eindhoven, the Netherlands)
Semiconductor Market Forecast:
- Market Size Forecast: Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
- Market Environment: Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
Semiconductor Market Historic Data:
- Industry Trends: Global Revenue, Status, and Outlook.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Geographic Segment Covered in the Report:
The Semiconductor Market report offer insights and statistics about the market area which is further also divided into sub-regions and countries. For the purpose of this study, the report has been segmented into following regions and countries-
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
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Table of Content:
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Market Drivers
- Market Restraints
- Market Opportunities
- Value Chain
- Key Mergers, Acquisitions, Partnerships, etc.
- Covid-19 Impact on the Market
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