Asia Pacific Analog Semiconductor Market Growth Analysis - Market Size, Share, Forecast Trends and Outlook Report (2025-2034)

Asia Pacific Analog Semiconductor Market Growth

The increasing adoption of smart manufacturing technologies by Asia Pacific-based organisations is contributing to the market expansion. Over 90% of organisations perceive industrial automation as a crucial part of their future success. This is much higher than organisations based in Europe, Middle East, and Africa (75%) and North America (84%). This is favourably shaping the Asia Pacific analog semiconductor market dynamics. In 2021, the adoption of smart manufacturing solutions surged by 50% worldwide, driven by the rising pressure of product planning and process optimisation to drive business growth. This has further augmented the market growth in the region, as analog semiconductors play a crucial role in power regulation and accurate sensor interfacing.

With the implementation of the 14^th FYP for Energy Storage in China, the Asia Pacific analog semiconductor market size is expected to surge. By 2030, the nation aims to become self-sufficient in power generation and storage and boost energy affordability by reducing the per unit cost of energy storage by 30% by the end of 2025. It aims to create 100 GW of battery energy storage capacity by 2030 and nurture the development of sodium-ion, lead-carbon, and novel lithium-ion batteries. Analog semiconductors are extensively used in such power management systems to ensure the effective conversion and distribution of electricity.

Key Trends and Developments

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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Asia Pacific Analog Semiconductor Market Trends

Growing demand for electric vehicles

Over half of all Indian automotive owners residing in Tier I cities plan to take an EV, driven by considerations like cutting-edge technology in-vehicle, better performance, and technology-enabled safety. This has led to an increased demand for analog semiconductors from EV manufacturing companies to create reliable battery systems and sophisticated automotive designs. Rising consumer concerns surrounding electric vehicle fires are also expected to favourably shape the Indian market, thereby influencing the Asia Pacific analog semiconductor market dynamics favourably in the coming years.

Expansion of 5G infrastructure

5G was initially launched in India on October 1, 2022. Over time, the government has successfully installed over 4.6 lakh 5G Base Transceiver Stations (BTSs) to enhance people’s accessibility to 5G services at cost-effective rates. As of December 2024, 5G services can be accessed by individuals in 779 (out of 783) districts across the country. This is expected to sustain the demand for analog semiconductors in the coming years.

Asia Pacific Analog Semiconductor Industry Segmentation

Asia Pacific Analog Semiconductor Market Share

Based on country, the market is segmented into India, China, Japan, ASEAN, and Australia, among others. Over the forecast period of 2025-2034, India is expected to grow at a CAGR of 7.8% due to the growing adoption of electric vehicles, the increasing indigenous manufacturing of consumer electronics such as laptops, wearables, and smartphones, and favourable government initiatives aimed at encouraging local manufacturing of semiconductors.

As per the Asia Pacific analog semiconductor market analysis, the ASEAN region, meanwhile, is estimated to grow at a CAGR of 7.3% between 2025 and 2034 amid the expansion of telecommunication infrastructure, increasing adoption of renewable energy sources, and the growing trend of Industry 4.0.

Leading Companies in the Asia Pacific Analog Semiconductor Market

Major companies are focusing on expanding their Asia Pacific analog semiconductor market share by investing in local manufacturing facilities and research centres. They are creating innovative analog semiconductors tailored for key regional growth areas, such as electric vehicles, renewable energy, and industrial automation. By collaborating with regional manufacturers and aligning with government initiatives, these players are driving advancements in power management, energy efficiency, and sensor technologies, thereby driving the market growth.

Microchip Technology Inc.

Microchip Technology Inc. was founded in 1987 and is headquartered in Arizona, United States. It is a semiconductor manufacturing company that serves over 125,000 customers across various industrial segments, including automotive, consumer goods, communications, and aerospace and defence, among others.

Skyworks Solutions Inc.

Skyworks Solutions Inc. was founded in 1962 and is headquartered in California, United States. It...

Qorvo Inc.

Qorvo Inc. was founded in 1991 and is headquartered in North Carolina, United States. It speciali...

Texas Instruments Inc.

Texas Instruments Inc. was founded in 1930 and is headquartered in Texas, United States. It speci...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other players included in the Asia Pacific analog semiconductor market report are Infineon Technologies AG, Analog Devices, Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., and MediaTek Inc., among others.