Press Release

Industrial/Medical Market for Semiconductors Projected to Reach $35 Billion in 2015

July 29th, 2010

Global Information Inc. would like to present a new market research report, "Industrial/Medical Semiconductor Service - 2012 Edition: Market Analysis and Forecasts to 2017" by Semicast.

The majority of semiconductor manufacturers will all unanimously agree on the notion that the industrial sector persists as their most complex sector to serve. Not only is the supply chain complicated, but applications span an incredibly diverse range. Due to the intricate nature of this sector, semiconductor vendors historically overlook the industrial sector and opt to focus their marketing strategies on higher-value, less complicated industries instead.

The industrial and medical market for semiconductors registered $20.6 billion in sales revenues during 2009. This figure is forecasted to surpass $35 billion in 2015. Semicasts newest report focuses on the "strategic needs of semiconductor suppliers looking to identify the key equipment types driving semiconductor revenues in the industrial and medical sector and which market segments are forecast to have highest revenue growth."

While the industrial sector for semiconductors is highly complicated and fragmented, it is highly dependable. According to the report, "Equipment production volumes are unusually stable, industrial semiconductor devices rarely require the latest technology processes and the lifetime of an industrial design-win can often last ten years."

Central Points Discussed in this Report:

  • The industrial/medical sector embodied 9% of the total available market in 2009, in comparison to a total semiconductor market valued at approximately $226 billion.
  • Analog Ics and discrete represented the largest semiconductor product categories in the 2009 industrial/medical sector, altogether accounting for nearly 50 percent of all semiconductor sales.
  • Surpassing Infineon Technologies and STMicroelectronics, Renesas Electronics is estimated to have been the leading supplier of semiconductors to the industrial and medical sector for 2009.

Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms.

Product Code : 125393