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Future of the Logic Nodes Market: Trends, Innovations, and Key Forecasts Through 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Logic Nodes Market Size Growth Forecast: What to Expect by 2025?
The market size of logic nodes has seen a consistent expansion in the past few years. It is projected to increase from $3.03 billion in 2024 to $3.14 billion in 2025, resulting in a Compound Annual Growth Rate (CAGR) of 3.7%. The historical growth is a consequence of the escalation in the miniaturization of electronic devices, expansion in consumer electronics, amplified use of automation in manufacturing procedures, an upsurge in automotive electronics, and growth in the field of industrial electronics.
How Will the Logic Nodes Market Size Evolve and Grow by 2029?
The market for logic nodes is anticipated to steadily expand over the next few years, reaching a size of $3.74 billion in 2029 with a compound annual growth rate (CAGR) of 4.5%. The factors contributing to this growth during the forecasted period include enhanced demand for electric vehicles, the escalation of renewable energy projects, an upsurge in smart home gadgets, a heightened emphasis on energy efficiency, and increased uptake of 5G technology. Some key trends during this period are the widening use of thin film technology, the incorporation of resistors in advanced driver-assistance systems (ADAS), the creation of resistor networks for complex circuits, growing application of resistors in renewable energy, and strategic partnerships and collaborations.
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What Drivers Are Propelling the Growth of Logic Nodes Market Forward?
The growth of the logic node market is anticipated to be fuelled by the widening internet connectivity. The capacity for devices and networks to access and communicate via the universal internet infrastructure, facilitating data transfer and online interaction, is known as internet connectivity. The surge in digital transformation, smart device proliferation, and worldwide network infrastructure expansion are contributing to the rise in internet connectivity. Logic nodes, which handle data routing, processing, and traffic management, are essential for internet connectivity, ensuring smooth and dependable communication among network devices. For example, the International Telecommunication Union, a Swiss-based specialized agency, reported in November 2022 that around 5.3 billion people, or 66% of the world's population, used the internet in 2022, marking a 6.1% increase since 2021. As a result, the growth of the logic node market is being fuelled by the broadening internet connectivity.
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What Are the Key Trends Driving Logic Nodes Market Growth?
Leading entities in the logic node market are turning to strategic partnerships to pioneer advanced semiconductor technology. These strategic partnerships represent formal collaborations between two or more companies aiming for beneficial shared goals. For instance, in December 2022, IBM, a US company known for offering global hybrid cloud, AI, and consulting services, collaborated with Rapidus, a semiconductor producer based in Japan. The duo formed a joint initiative to promote advancements in logic scaling technology, tying into Japan's drive to assert itself as a global powerhouse in semiconductor R&D and production. This much-anticipated international cooperation is crucial for Japan to restore a significant role in the semiconductor supply network. Such a partnership allows Rapidus to aid humanity's welfare by manufacturing advanced logic semiconductors using technologies jointly developed with IBM.
What Are the Key Segments in the Logic Nodes Market?
The logic nodes market covered in this report is segmented -
1) By Type: Customized, Standard
2) By Performance Requirement: High Performance Computing, Low Power Applications
3) By Application: Consumer Electronics, Automotive Electronics, Industrial, Others Applications
Subsegments:
1) By Customized: Application-Specific Logic Nodes, Industry-Specific Logic Nodes
2) By Standard: General-Purpose Logic Nodes, Pre-configured Logic Nodes
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Who Are the Key Players Shaping the Logic Nodes Market's Competitive Landscape?
Major companies operating in the logic nodes market are Taiwan Semiconductor Manufacturing Company, Qualcomm Inc., Samsung Semiconductor, SK Hynix, Broadcom Inc., Micron Technology, ASML Holding, Murata Manufacturing Co. Ltd., United Microelectronics Corporation, GlobalFoundries Inc., Texas Instruments, ROHM CO. LTD., Vishay Intertechnology Inc., Bourns Inc., AVX Corporation, TT Electronics, Guangdong Fenghua Advanced Technology Holding Co. Ltd., CTS Corporation, Holy Stone Enterprise Co. Ltd., Kyocera AVX, Caddock Electronics Inc., Susumu Co. Ltd., Ralec Electronic Corp., Asj Holdings Limited, Tateyama Kagaku Industry
What Geographic Markets Are Powering Growth in the Logic Nodes Market?
Asia-Pacific was the largest region in the logic nodes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the logic nodes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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