IC Foundry Market Size, Trends & Forecasts | Valuates Reports

IC Foundry Market Size

The global market for IC Foundry was valued at US$ 113880 million in the year 2024 and is projected to reach a revised size of US$ 263850 million by 2031, growing at a CAGR of 12.9% during the forecast period.

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Semiconductor device fabrication is the process used to manufacture semiconductor devices, typically integrated circuits (ICs) such as computer processors, microcontrollers, and memory chips (such as NAND flash and DRAM).

This report studies the IC/Wafer Foundry, key manufacturers include TSMC, Samsung Foundry, SMIC, UMC and SMIC, etc.

Currently the key foundries are TSMC, Samsung Foundry, GlobalFoundries, United Microelectronics Corporation (UMC), SMIC, Tower Semiconductor, PSMC, VIS (Vanguard International Semiconductor), Hua Hong Semiconductor, and HLMC, etc. In 2023, TSMC is the largest manufacturer, hold a share about 54%, followed by Samsung Foundry, GlobalFoundries, SMIC, United Microelectronics Corporation (UMC), Tower Semiconductor, etc. The global top ten players hold a share over 90%.

The global market for semiconductor was estimated at US$ 526.8 billion in the year 2023, is projected to US$ 780.7 billion by 2030. IC Manufacturing is the process used to manufacture semiconductor devices, typically integrated circuits (ICs) such as computer processors, microcontrollers, and memory chips (such as NAND flash and DRAM). According to our research, the global semiconductor manufacturing (wafer fabrication) market is projected to grow from US$ 251.7 billion in 2023 to US$ 506.5 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 40.49% during the forecast period. This will drive rapid growth of global IC Foundry.

By Type
• 12inch Wafer Foundry
• 8inch Wafer Foundry

By Application
• Logic Technology
• Specialty Technology

Key Companies
TSMC, Samsung Foundry, GlobalFoundries, United Microelectronics Corporation (UMC), SMIC, Tower Semiconductor, PSMC, VIS (Vanguard International Semiconductor), Hua Hong Semiconductor, HLMC, X-FAB, DB HiTek, Nexchip, Intel Foundry Services (IFS), United Nova Technology, WIN Semiconductors Corp., Wuhan Xinxin Semiconductor Manufacturing, GTA Semiconductor Co., Ltd., CanSemi, Polar Semiconductor, LLC, Silterra, SkyWater Technology, LA Semiconductor, Silex Microsystems, Teledyne MEMS, Seiko Epson Corporation, SK keyfoundry Inc., SK hynix system ic Wuxi solutions, Lfoundry, Nisshinbo Micro Devices Inc.

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