China Semiconductor Market Size, Share, Industry Analysis, Trends and Forecast 2027

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 crystal substance that conducts electricity and is widely used as a key component in the manufacturing of electronic circuits. It functions upon being exposed to light, heat and voltage. It is shock-proof, consumes less power and occupies minimum space with an unlimited shelf-life. Therefore, it is widely utilized to manufacture integrated circuits (ICs) and discrete electronic components, including transistors and diodes. Some of the commonly used compounds used in the production of semiconductors include tin, germanium, silicon, and gallium arsenide.

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Market Trends

The market in China is primarily driven by significant growth in the consumer electronics sector. This is supported by the rising adoption of smartphones, laptops, tablets, computers, and household appliances across the country. Along with this, continual technological advancements are providing an impetus to the market growth in China. For instance, the introduction of self-driving vehicles, robots and quantum computing systems are providing a boost to the sales of semiconductors across the region. Moreover, the widespread adoption of semiconductors for multiple high-tech national security solutions and the production of military vehicles in the defense sector is positively influencing the market growth. The market is further driven by the increasing adoption of advanced assistance systems (ADASs) in automobiles. Some of the other factors contributing to the market growth include rapid industrialization and extensive research and development (R&D) activities conducted by key players to introduce improved product variants with higher efficiency.

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The report has segmented the market on the basis of industry type, end user, material used, functions and region

List of Key Companies Covered in this Market Report:

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
Tianjin zhonghuan Semiconductor Co. Ltd.

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

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.

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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This release was published on openPR.