Semiconductor Foundry Market is estimated to grow at USD 142.05 Bn by 2029: Cognitive Market Research

As per Cognitive Market Research analysis, Semiconductor Foundry market size is projected to grow from USD 79.65 billion in year 2021 to USD 142.05 billion by 2029 at a CAGR of 7.50% from 2022-2029.

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A semiconductor foundry also refers as a fab, is a company that manufactures semiconductor devices such as integrated circuits for electronics companies or semiconductor design companies that design and develop their own semiconductor devices, but do not have the fabrication facilities or expertise to manufacture them themselves. Foundries offer a range of services, including manufacturing, testing, and packaging of semiconductor devices. They may manufacture a wide variety of devices, including microprocessors, memory chips, and other integrated circuits. Foundries allow companies to outsource the production of their semiconductor devices, allowing them to focus on design and development. Foundries typically have advanced fabrication facilities and equipment, and they may also offer design support and other services to their customers.

The overall growth of the electronics industry coupled with technology advancement is the primary factor driving the growth of the semiconductor foundry market. Due to the increasing demand for smart and connected devices, the demand for semiconductor products increases. New technologies and applications, such as artificial intelligence, the Internet of Things, and 5G wireless communication, can drive demand for specific types of semiconductor products. Favourable government initiatives, policies and regulations also have major role in influencing the demand for semiconductor products. For instance, in order to boost the electronics manufacturing ecosystem in India, the government has introduced many programmes such as; Scheme for setting up of Semiconductor Fabs in India, under which government supports eligible applicants for setting up of Semiconductor Fabs which is aimed at attracting large investments for setting up semiconductor wafer fabrication facilities in the country

Regional Analysis of Semiconductor Foundry Market:
- Geographically, the global market is divided into North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. Asia Pacific dominated the market in 2021 due to the various factors including government initiatives to support the manufacturing of semiconductors coupled with availability of raw materials in the region. In addition, presence of some leading players such as TSMC, Fujitsu Semiconductor Limited, Samsung Group etc., in the region.

Top players involved in the Semiconductor Foundry market:
• TSMC
• DB HiTek
• Fujitsu Semiconductor Limited
• Tower Semiconductor Ltd
• GlobalFoundries
• Magnachip,
• Powerchip
• Samsung Group
• Semiconductor Manufacturing International Corporation
• STMicroelectronics
• United Microelectronics Corporation
• X-Fab.

Current Trends of Manufacturers:
• December 6, 2022
TSMC to up Arizona investment to USD 40 billion to produce technically advanced chips. The investment by TSMC is one of the largest foreign investments in U.S. history, and the biggest in the state of Arizona.

• December 21, 2022
Samsung electronics has announced the development of its 16-gigabit (Gb) DDR5 DRAM built using the industry's first 12-nanometer (nm)-class process technology.

• October 19th, 2022
Samsung plans to build new foundry plant in Europe and outsource more chips.

Segment Analysis:
- On the basis of foundry type, the market is the global semiconductor foundry market is classified into Pure Play Foundry, and IDMs. Pure-play foundries are companies that only provide manufacturing services to other companies and do not have their own products. IDMs, on the other hand, are companies that both design and manufacture their own semiconductor products. They have a more vertically integrated business model, meaning that they handle all aspects of the semiconductor production process, from research and development to final product assembly. Compare to IDM, Pure-play foundries are typically more flexible and can adapt quickly to changing market demands, as they do not deal with further developing and marketing of products.

- On the basis of technology, the market is segmented into 10/7/5nm, 16/14nm, 20nm, 45/40nm and Others. 14nm/16nm is considered as to be relatively advanced and are used for a wide range of applications, including mobile devices, PCs, and servers. They offer improved performance and power efficiency compared to older technologies.

- Based on application, the semiconductor foundry market is divided into Communication, Consumer Electronics, Automotive, Industrial and Others. Communication and consumer electronics together hold major share due to the increasing demand of various smart devices such as smartphones, tablets etc. With rapid technology development and availability of affordable smartphones expected to increase the demand of communication application for semiconductor foundry market. Automotive segment is expected to be the fastest growing segment in coming years due to the rising demand for safer personal transportation, and growing sales of electric and autonomous vehicles around the world.

- On the basis of service segment, the market is segmented into different types including design and engineering, research and development, prototyping, pilot/scale-up and production. The design and engineering involve the design and development of the semiconductor device, including the creation of detailed specifications and the selection of materials and processes.

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Nicolas Shaw
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