Press release
Semiconductor Market In Vietnam to grow at a CAGR of 15.44% during 2016-2020
About the Semiconductor Market in VietnamThe semiconductor market in Vietnam is at its nascent stage, as there are only a few active vendors present. However, the market has immense growth potential due to its favorable geographic location. With the South China Sea on one side, the country has opportunities to expand trading activities with nearby Southeast Asian countries. The country shares its borders with China, because of which a large number of investors are attracted to Vietnam. This will help Vietnam start an export business of locally made semiconductor products with China, and import raw materials. Vietnam has chip fabrication plants and chip assembly and testing plants. Due to increasing government initiatives to attract foreign direct investment (FDI), the semiconductor market is expected to develop during the forecast period.
Technavios analysts forecast the semiconductor market in Vietnam to grow at a CAGR of 15.44% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the semiconductor market in Vietnam for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of semiconductors across the following application segments:
Consumer electronics
Electronic boards
Communication
The market is divided into the following segments based on device type:
Power management ICs
Microchips
Others
Technavio's report, Semiconductor Market in Vietnam 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Download sample copy of Report at http://www.marketresearchreports.biz/sample/sample/741737
Key vendors
Intel
Hitachi
ON Semiconductor
Saigon Semiconductor Technology
STMicroelectronics
NXP Semiconductors
Other prominent vendors
AcroSemi
FabMax
GES
Renesas Design
Market driver
Growth in data center market
For a full, detailed list, view our report
Market challenge
Lack of skilled workforce
For a full, detailed list, view our report
Market trend
Short replacement cycle of smartphones and tablets
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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