Global Semiconductor Market Size, Share, Opportunities, And Trends By Device Type (Memory, Type, DRAM, NAND, Others), End-User Industries (Communications, Consumer Electronics, Automotive, Manufacturing), And Geography - Forecasts From 2019 to 2024

The Global Semiconductor Market will witness a CAGR of 2.80% to reach US$529.900 billion by 2024, from US$448.895 billion in 2018, owing to the increasing adoption of electronics around the globe. The demand for semiconductor devices is also projected to surge with the growing automation and the rising replacement of mechanical components with electronic devices across industry verticals.

Growing global working population and rising disposable incomes, especially in developing countries, has resulted in a boost in the demand for electronics around the world. This, in turn, semiconductor components as they are the building blocks for electronics. Another driver of the global semiconductor market is the growing automation across industry verticals, which is leading to the replacement of legacy devices with newer technology and is thus further propelling the market growth in the coming years.

By Type, the memory segment is projected to hold the substantial share in the market due to the increase in the memory prices in 2018. However, the relative oversupply of memory has resulted in a steep decrese in prices and the market is projected to witness a slow growth in the coming years. The optoelectronics segment will grow at a significant pace owing to their increasing adoption in industries such as communication and automotive.

By End-User Industry, the global semiconductor market is segmented into communication, consumer electronics, automotive and manufacturing. The automotive segment is projected to witness the fastest growth, at a CAGR of 6.58% during the forecast period due to the increasing usage of electronics for automotive automation. The communications segment will hold the largest share, however the increase in automotive and manufacturing segment is projected to have a marginal impact on the share during the projected period.

By Geography, Asia-Pacific region is expected to witness the fastest regional market growth during the forecast period, and the region will also hold the largest share geographically. This share is attributable to the expanding electronics manufacutring in the region due to the availability of cheaper labour and favourable government initiatives. The European region is also projected to witness a substantial share in the market owing to its high share in the industrial electronics production.

Major industry players profiled as a part of this report are Texas Instruments, Analog Devices, Inc., Maxim Integrated, Intel Corporation, and NXP Semiconductor, among others.

Segmentation

The global semiconductor market has been analyzed through the following segments:

By Device Type

 

Memory

Type

DRAM

NAND

Others

 

End-User Industries

Communications

Consumer Electronics

Automotive

Manufacturing

 

Geography

North America

Europe

Asia Pacific

Rest of the World

 

Logic

Type

Special Purpose Logic

Display Drivers

General Purpose Logic

Application Specific Integrated Circuits (ASICs)

Programmable Logic Devices

 

End-User Industries

Communications

Consumer Electronics

Automotive

Manufacturing

 

Geography

North America

Europe

Asia Pacific

Rest of the World

 

Analog

Type

General Purpose

Application Specific

 

End-User Industries

Communications

Consumer Electronics

Automotive

Manufacturing

 

Geography

North America

Europe

Asia Pacific

Rest of the World

 

Microcomponents

Type

MPU

MCU

DSP

 

End-User Industries

Communications

Consumer Electronics

Automotive

Manufacturing

 

Geography

North America

Europe

Asia Pacific

Rest of the World

 

Optoelectronics

Type

Lamps

CMOS Image Sensors

CCD Image Sensors

Laser Storage Pick-Ups

Displays

Couplers

Others

 

End-User Industries

Communications

Consumer Electronics

Automotive

Manufacturing

 

Geography

North America

Europe

Asia Pacific

Rest of the World

 

Discrete

Type

Thyristors

Rectifiers

Power Transistors

Small Signal Transistors

Diodes

Others

 

End-User Industries

Communications

Consumer Electronics

Automotive

Manufacturing

 

Geography

North America

Europe

Asia Pacific

Rest of the World

 

Sensors and Actuators

Type

Sensors

Pressure

Fingerprint

Magnetometer

Inertial

Others

 

Actuators

End-User Industries

Communications

Consumer Electronics

Automotive

Manufacturing

 

Geography

North America

Europe

Asia Pacific

Rest of the World

 

By End-User Industry

Communications

Type

 

Consumer Electronics

Type

 

Automotive

Type

 

Manufacturing

Type

 

By Geography

North America

Type

 

Europe

Type

 

Asia Pacific

Type

 

Rest of the World

 

Target Audience

Manufacturers

Suppliers

Distributors

Service Providers

Government Agencies

Research Organizations

Consultants

 

Key insights offered

What will be the global semiconductor market size from 2017 to 2023?

How are the major drivers and restraints affecting the global semiconductor market growth and the opportunities which exist for key vendors?

Which segment and region will lead the market growth and why?

A comprehensive analysis of competitive landscape and key market participants’ behaviour.

Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.

Texas Instruments

Analog Devices, Inc.

Maxim Integrated

Intel Corporation

NXP Semiconductor

Renesas Electronics

Infineon Technologies

Microchip Technologies

Samsung Group

SK Hynix, Inc.

Toshiba Memory Corporation

Cirrus Logic, Inc.

STMicroelectronics

Himax Technologies

Sitronix Technology Corporation

Silicon works

Sitronix Technology Corporation

Novatek Microelectronic Corporation

GlobalFoundries, Inc.

Western Digital Corporation

ON Semiconductor

Vishay Intertechnology, Inc.

ROHM Co., Ltd.

Robert Bosch GmbH

Broadcom Inc.

Xilinx, Inc.