Press release
China Semiconductor Market is expected to exhibit a CAGR of 11.57% during 2022-2027 | IMARC Group
According to IMARC Group's latest report, titled "China Semiconductor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The China semiconductor market is expected to exhibit a CAGR of 11.57% during 2022-2027.A semiconductor is a class of crystalline materials that provide electrical conductivity between an insulator and a conductor under regulated conditions. It is manufactured using different elements, including silicon, tin, selenium, germanium, and gallium. As it is shock-proof, consumes less power, and occupies minimum space with a prolonged shelf-life, the demand for semiconductor is escalating across China.
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Market Trends
The increasing sales of consumer electronic products, such as smartphones, laptops, coffee makers, grillers, toasters, microwaves, gaming consoles, computers, and smart wearables, represent one of the major factors driving the demand for semiconductors in China. Moreover, they are employed in numerous automotive components, such as airbag controls, anti-lock braking systems (ABS), navigation, and display systems. Along with this, the rising demand for hybrid and electronic vehicles (H/EVs) is contributing to the market growth. Apart from this, the integration of artificial intelligence (AI), machine learning (ML), and the internet of things (IoT) in semiconductors to enhance the quality and provide maximum operational efficacy are creating a favorable outlook for the market in the country.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/china-semiconductor-market
The report has segmented the market on the basis of industry type, end user, material used, functions and region
Breakup by Industry Type:
Design
Manufacture
Packaging and Testing
Breakup by End User:
Automotive
Industrial
Data Centre
Telecommunication
Consumer Electronics
Aerospace and Defense
Healthcare
Others
Breakup by Material Used:
Silicon Carbide
Gallium Manganese Arsenide
Copper Indium Gallium Selenide
Molybdenum Disulfide
Bismuth Telluride
Breakup by Functions:
ICs
Discrete Devices
Optical Devices
Sensors
Microwave Devices
Hybrid ICs
Breakup by Region:
Guangdong
Shandong
Henan
Sichuan
Jiangsu
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being HiSilicon (Shanghai) Technologies Co. Ltd. (Huawei Technologies Co. Ltd.), Infineon Technologies AG, Micron Technology Inc, NXP Semiconductors N.V., On Semiconductor, OmniVision Technologies Inc., Samsung Electronics, SK hynix Inc, STMicroelectronics and Tianjin zhonghuan Semiconductor Co. Ltd.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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