Semiconductor Foundry Market Opportunities 2023 - Key Players, Growth to Reach US$ 112.9 Billion By 2028

The latest report by IMARC Group, titled "Semiconductor Foundry Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on the global semiconductor foundry market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global semiconductor foundry market size reached US$ 77.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 112.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.

A semiconductor foundry, also known as a semiconductor fabrication plant, refers to a specialized manufacturing facility that is used for manufacturing integrated circuits (ICs) and other semiconductors. A foundry is responsible for creating the chips that power modern electronic devices, including smartphones, laptops, cars, and medical equipment. In addition, foundries often have access to the latest manufacturing technologies and materials, which can improve the performance and quality of products. Foundries can offer their customers a streamlined, cost-effective semiconductor production solution with an end-to-end approach. A semiconductor foundry also offers economies of scale, which is impossible with in-house manufacturing. Furthermore, these facilities offer design services, testing, and packaging of finished products in addition to manufacturing ICs.

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Global Semiconductor Foundry Market Trends:

The global market is majorly driven by the rising demand for consumer electronics, such as smartphones, tablets, laptops, and other consumer electronics. This can be attributed to rapid digitization across the globe. In line with this, the growing need for electronic components and systems in the automotive sector due to the rising demand for EVs is propelling the need for semiconductors used in automotive electronics. Besides this, continual innovations in vehicle safety, such as advanced driver-assistance systems (ADAS), infotainment systems, and engine control units to improve safety, comfort, and efficiency in vehicles, are further resulting in a higher product uptake. Moreover, continual technological advancements, including the Internet of Things (IoT) resulting in a larger number of connected devices and the development of advanced AI chips, such as graphics processing units (GPUs) and tensor processing units (TPUs) combined with artificial intelligence (AI) technology, is also driving the market.

The market is further fueled by the advent and increasing rollout of 5G networks, which is propelling the demand for advanced semiconductors used in 5G infrastructure and devices. Apart from this, the escalating demand for specialized semiconductors in cloud computing that can handle complex computing tasks with high efficiency as well as provide secure data processing and communication is further fueling the market. Some of the other factors contributing to the market include rapid urbanization, higher uptake of wearable devices, rising trend of device miniaturization and extensive research and development (R&D) activities.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Some of these key players include:

• TSMC
• DB HiTek
• Fujitsu Semiconductor
• GlobalFoundries
• Magnachip
• Powerchip
• Samsung Group
• Semiconductor Manufacturing International Corporation
• STMicroelectronics
• Tower Semiconductor Ltd.
• United Microelectronics Corporation
• X-Fab

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/semiconductor-foundry-market

Key Market Segmentation:

Breakup by Application:

• Communication
• Consumer Electronics
• Computer
• Automotive
• Others

Breakup by Technology Node:

• 10/7/5nm
• 16/14nm
• 20nm
• 45/40nm
• Others

Breakup by Foundry Type:

• Pure Play Foundry
• IDMs

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

TOC for the Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Note: 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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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.

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