Semiconductor And Other Electronic Component Market Growth Prospects and Outlook 2020-2030

Global Semiconductor And Other Electronic Component Market, delivering a must-read report for industry stakeholders wanting to understand the strategic landscape of this increasing sector. Readers will find an in-depth analysis of the market and how it will impact existing traditional markets, as well as insights into future development and opportunities across the globe.

The global semiconductor and other electronic component markets are 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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Key Players:

Intel Corporation; Samsung Electronics Co Ltd; Taiwan Semiconductor Mfg Co Ltd; Micron Technology Inc; Qualcomm Incorporated, request sample for a complete list of companies.

The leading players of the industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among players will help the industry aspirants in planning their strategies.

The Asia Pacific was the largest region in the global semiconductor and another electronic component market, accounting for 52% of the market in 2019. North America was the second largest region accounting for 23% of the global semiconductor and other electronic component markets. Africa was the smallest region in the global semiconductor and another electronic component market.

Semiconductor and related device manufacturing companies are increasingly collaborating with industrial manufacturing companies and technology companies. This has led to an increase in the production of application-specific integrated circuits (ASIC) for various electronic devices. For instance, in December 2016, a 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.

The semiconductors and other electronic component markets consist 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.

Markets Covered:

1) By Type: Semiconductor And Related Devices; General Electronic Components
2) By Application: Automotive; Others
3) By Sales Channel: OEM; Aftermarket
4) By Mode: Online; Offline

Market Segment by Regions:

Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.

The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.

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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or 3 countries or nearly 40 analyst hours. 

Note:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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This release was published on openPR.