Market Research Report
Semiconductor Market Report: Trends, Forecast and Competitive Analysis
|Semiconductor Market Report: Trends, Forecast and Competitive Analysis|
Published: August 1, 2021
Content info: 219 Pages
Delivery time: 1-2 business days
The future of the global semiconductor market looks attractive with opportunities in the communication, consumer electronics, automotive, and industrial sectors. The global semiconductor market is expected to reach $778 billion by 2026 with a CAGR of 7.7% from 2021 to 2026. The major drivers for this market are increasing price of semiconductor due to supply shortage, growth in wireless communication, increasing demand for advanced safety features in automotive, and growth in internet connected devices.
Emerging trends, which have a direct impact on the dynamics of the industry, include development of artificial intelligence based semiconductors and increasing demand for semiconductor in autonomous driving technology. Samsung Electronics, Intel, SK Hynix, Qualcomm, Broadcom, Micron, Texas Instrument, Microchip, Stmicroelectronics, and NXP Semiconductors are some of the major semiconductor manufacturers.
A total of 98 figures / charts and 60 tables are provided in this 219-page report to help in your business decisions.
By Device [Billion Units and $B shipment analysis from 2015 to 2026]:
By End Use [Billion Units and $B shipment analysis from 2015 to 2026]:
By Application [Billion Units and $B shipment analysis from 2015 to 2026]:
By Region [Billion Units and $B shipment analysis for 2015 to 2026]:
Lucintel forecasts that integrated circuit will remain the largest segment due to increasing demand for memory ICs in smartphones, tablet PCs, and other personal media devices. Sensor is expected to witness the highest growth over the forecast period due to the increasing demand for advanced driver assistance system in automotive and growing consumer preference for IoT-enabled devices.
Communication will remain the largest end use due to an increasing demand for wireless communication technology. The automotive segment is expected to witness the highest growth over forecast period due market recovery from COVID-19 and increasing electronics content in automotive.
APAC will remain the largest region over the forecast period due to a growing adoption of IoT (internet of things), increasing electronic content per vehicles, and growing industrial automation in countries such as China, Taiwan, and India. North America is expected to witness the highest growth over the forecast period due to growth in the automotive electronics and industrial electronics market.