openPR Logo
Press release

Semiconductor Market Trends 2023 | Growth, Share, Size and Report 2028

09-05-2023 09:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Semiconductor Market Trends 2023 | Growth, Share, Size

IMARC Group, a leading market research company, has recently releases report titled "Semiconductor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global semiconductor market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the semiconductor market?
The global semiconductor market size reached US$ 604.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 941.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.

What is semiconductor?
A semiconductor has electrical conductivity between a conductor and an insulator. It is an essential component in the field of electronics and forms the foundation of modern technology. It is employed in various electronic devices, such as transistors, diodes, and integrated circuits (ICs). Semiconductors have a unique crystal structure that allows them to exhibit specific electrical properties at the atomic level. Some commonly deployed semiconductor material is silicon (Si), germanium (Ge), and gallium arsenide (GaAs), known as intrinsic semiconductors. The electrical conductivity of semiconductors can be modified by adding impurities through a process called doping that introduces atoms of different elements into the semiconductor crystal, which leads to the creation of extrinsic semiconductors. The behavior of semiconductors is essential in electronic circuits. They can be used as switches, amplifiers, and regulators of electrical current. The ability to control the flow of current through semiconductors makes them an essential component in digital logic circuits and memory devices. Additionally, it enables the miniaturization of electronic devices, increasing their efficiency and reducing costs. They are also essential in the development of computers, smartphones, televisions, and other electronic gadgets across the globe.

Request for a free sample copy of this report: https://www.imarcgroup.com/semiconductor-market/requestsample

What are the growth prospects and trends in the semiconductor industry?
The semiconductor market is primarily driven by the rapid expansion of the Internet of Things (IoT) ecosystem as more devices connect and communicate with each other leading to the increasing demand for efficient and reliable semiconductors, which is influencing the market growth. In addition, the rising demand for semiconductors in the automotive industry is also contributing to the growth of the market. Modern vehicles are becoming increasingly reliant on semiconductor-based systems for safety features, connectivity, and autonomous driving capabilities. The rise of electric vehicles (EVs) further amplifies the demand for semiconductors, as they are essential for power management, battery control, and charging infrastructure. As the automotive sector continues to evolve towards electrification and advanced driver assistance systems, the semiconductor market is growing significantly. Moreover, the proliferation of artificial intelligence (AI) and machine learning (ML) technologies, including autonomous vehicles, robotics, and data analytics, heavily rely on high-performance semiconductors that are qualified of managing massive amounts of data and executing complex algorithms in real-time, representing another major growth-inducing factor. Besides this, the increasing Internet of Things (IoT) applications in numerous sectors, such as healthcare, transportation, manufacturing, and smart homes, are accelerating the demand for semiconductors that can handle complex data processing and connectivity requirements. Furthermore, the development of specialized chips for emerging technologies such as the fifth generation (5G) and edge computing are escalating the demand for semiconductors that can handle the high-speed data transmission and low-latency requirements of this next-generation technology creating a positive market outlook.

What is included in market segmentation?
The report has segmented the market into the following categories:

Components Insights:

Memory Devices
Logic Devices
Analog IC
MPU
Discrete Power Devices
MCU
Sensors
Others

Material Used Insights:

Silicon Carbide
Gallium Manganese Arsenide
Copper Indium Gallium Selenide
Molybdenum Disulfide
Others

End User Insights:

Automotive
Industrial
Data Centre
Telecommunication
Consumer Electronics
Aerospace and Defense
Healthcare
Others

Regional Insights:

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa

Who are the key players operating in the industry?
The report covers the major market players including:

Broadcom Inc.
Infineon Technologies AG
Intel Corporation
Micron Technology Inc.
NXP Semiconductors N.V.
Renesas Electronics Corporation
Samsung Electronics Co. Ltd.
SK hynix Inc.
STMicroelectronics N.V.
Taiwan Semiconductor Manufacturing Company Limited
Texas Instruments Incorporated
Toshiba Electronic Devices & Storage Corporation (Toshiba Corporation),

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/semiconductor-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Semiconductor Market Trends 2023 | Growth, Share, Size and Report 2028 here

News-ID: 3195691 • Views:

More Releases from IMARC Group

Cellulose Manufacturing Plant Project Report 2024: Investment Opportunities and Industry Trends
Cellulose Manufacturing Plant Project Report 2024: Investment Opportunities and …
IMARC Group's report titled "Cellulose Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a comprehensive guide for establishing a cellulose manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more. In addition to the operational
LAN Cable Manufacturing Plant Project Report 2024: Industry Trends and Business Opportunities
LAN Cable Manufacturing Plant Project Report 2024: Industry Trends and Business …
IMARC Group's report titled "LAN Cable Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a comprehensive guide for establishing a LAN cable manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more. In addition to
Electric Wheelchair Manufacturing Plant Project Report 2024: Setup Details, Capital Investments and Expenses
Electric Wheelchair Manufacturing Plant Project Report 2024: Setup Details, Capi …
IMARC Group's report titled "Electric Wheelchair Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a comprehensive guide for establishing a electric wheelchair manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more. In addition to
Pallets Manufacturing Plant Project Report 2024, Unit Operations, Raw Material
Pallets Manufacturing Plant Project Report 2024, Unit Operations, Raw Material
IMARC Group's report titled "Pallets Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a comprehensive guide for establishing an pallets manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more. In addition to the operational

All 5 Releases


More Releases for Semiconductor

Semiconductor Manufacturing Market 2021 Disclosing Latest Advancements- AMI Semi …
The report studies the Global Semiconductor Manufacturing Market with many aspects of the industry like the market size, market status, market trends, and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. The report offers valuable insight into the Semiconductor Manufacturing Market progress and approaches related to the market with an analysis of each region. The report goes on to
Semiconductor Rectifier Market 2020 Share and Projection: ABB, ASI Semiconductor …
The Semiconductor Rectifier market report is the most important research for who looks for complete information on the Semiconductor Rectifier market. The report covers all information on the global and regional markets including historic and future trends for market demand, size, trading, supply, competitors, and prices as well as global predominant vendor’s information. The forecast market information, SWOT analysis, Semiconductor Rectifier market scenario, and feasibility study are the vital aspects
"Semiconductor Microelectronics Market, Global Semiconductor Microelectronics Ma …
The “Semiconductor Microelectronics Market Analysis to 2030” is a specialized and in-depth study of the Semiconductor Microelectronics industry with a focus on the Semiconductor Microelectronics market trend. The report aims to provide an overview of the Semiconductor Microelectronics market with detailed market segmentation by component, application, end-user, and geography. The Semiconductor Microelectronics market is expected to witness high growth during the forecast period. The report includes key statistics on the
Semiconductor Manufacturing Market Research Report 2019-2025 | Top Key Players …
UpMarketResearch offers a latest published report on “Global Semiconductor Manufacturing Market Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 126 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/42049 Semiconductor Manufacturing Market research report delivers a close
Global Silicon Carbide for Semiconductor Market - Toshiba, United Silicon Carbid …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Silicon Carbide for Semiconductor market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are
Global Semiconductor Foundry Market 2016: Focuses on top players GlobalFoundries …
The Semiconductor Foundry research report by QY Research represents an inclusive evaluation of the Global Semiconductor Foundry Market and comprises considerable insights, historical data, facts, and statistical and industry-validated data of the global market. Additionally, it consists of estimated data that is evaluated with the help of suitable set of methodologies and assumptions. The research report highlights informative data and in-depth analysis of Semiconductor Foundry market and its corresponding segments