Semiconductor Market 2020 Size, Trends, Potential Growth Global Key Factors and Forecast 2027
The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.
Key Drivers of the Semiconductor Market:
The primary factors contributing to the growth of the semiconductor market include increasing adoption of Integrated Circuit (ICs) across industries, particularly in automotive, emerging semiconductor packaging technologies, and growing demand for chips regarding the rapidly rising use of artificial intelligence (AI). The increasing technological innovation and growing integration of IoT among a large range of electronics and communication devices, which boost the requirement of semiconductors, is one of the factors accelerating the growth of the market.
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Advanced level packaging facilitates decreasing the node size and strengthens large volume production. These packaging technologies such as BGA, chip-scale package (CSP), Flip-Chip, among others, also help in constantly maintaining the production yield and improving the scale of production of semiconductor products. On the other hand, the technical concerns about the continually shifting functionality of semiconductor chips and unusual demands from the end-users belonging to diverse sectors will hinder the growth of the semiconductor market.
This report splits the Semiconductor Market as follows:
By Product:
- Integrated Circuits (ICs)
- Optoelectronics
- Discrete semiconductors
By Application:
- Automotive
- Communication
- Consumer Electronics
- Industrial
- Data Processing
- Others
By Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
Competitive Landscape:
The semiconductor market report also scans the competitive landscape and profiles the major players operating in the market, including Micron Technology, Inc., Qualcomm Technologies, Inc., Intel Corporation, Samsung Electronics Co., Ltd., Taiwan Semiconductor, SK Hynix Inc., Nvidia Corporation, ASML Holding N.V., Texas Instruments Incorporated, and Broadcom Inc., among others.
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