Semiconductor And Other Electronic Component Market is Projected to Reach $1057.6 Billion by 2023 | Covid 19 Impact And Recovery

The Business Research Company offers "Semiconductor And Other Electronic Component Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global semiconductor and other electronic component market is expected to decline from $943.9 billion in 2019 to $901.2 billion in 2020 at a compound annual growth rate (CAGR) of -4.6%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $1057.6 billion in 2023.

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The semiconductors and other electronic component market consists of sales of semiconductors and other electronic components by entities (organizations, sole traders and partnerships) that produce semiconductors and other components for electronic applications. Examples of products made by these establishments are capacitors, resistors, microprocessors, bare and loaded printed circuit boards, electron tubes, electronic connectors, and computer modems.

Semiconductor and related device manufacturing companies are increasingly collaborating with industrial manufacturing companies and technology companies. This has led to an increase in production of application specific integrated circuits (ASIC) for various electronic devices. For instance, in December 2016, global semiconductor manufacturer, Samsung collaborated with Tesla Motors, to produce integrated chips in its ASIC foundry facility for self-driven autonomous cars . Similarly, in January 2015, Samsung agreed to be the main supplier of A9 chips for Apple iPhone 6s, iPad Air and iPad Mini. Apple is also in talks with Samsung to manufacture other electronic components for its Apple Watch .

Semiconductor And Other Electronic Component Market Segmentation: -
By Type
Semiconductor And Related Devices
General Electronic Components

By Application
Automotive
Manufacturing
Others

By Sales Channel
OEM
Aftermarket

By Mode
Online
Offline

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Semiconductor And Other Electronic Component Market Characteristics
4. Semiconductor And Other Electronic Component Market Product Analysis
5. Semiconductor And Other Electronic Component Market Supply Chain
.....
20. Semiconductor And Other Electronic Component Market Competitive Landscape
21. Key Mergers And Acquisitions In The Semiconductor And Other Electronic Component Market
22. Market Background: Electronic Products Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The report covers the trends and market dynamics of the Semiconductor And Other Electronic Component Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Semiconductor And Other Electronic Component Market are Intel Corporation; Samsung Electronics Co Ltd; Taiwan Semiconductor Mfg Co Ltd; Micron Technology Inc; Qualcomm Incorporated

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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