Australia Semiconductor Market Report and Forecast 2024-2032

Australia Semiconductor Market Outlook

The Australia semiconductor market size reached USD 1.76 billion in 2023. The market is expected to grow at a CAGR of 4.16% between 2024 and 2032, reaching USD 2.63 billion by 2032.
                                                                    

Key Takeaways

• In 2023, Australia imported diodes, transistors, and comparable semiconductor devices worth USD 1.36 billion from China, as reported by the United Nations Comtrade database on international trade.

• As per the International Trade Administration, the Australian domestic market witnessed a rise in sales of new passenger cars, SUVs, and commercial vehicles to 1,049,831 units in 2021 from 916,968 in 2020, consequently increasing the demand for semiconductors in the country.

• As stated by the Australian Government, the country's semiconductor market is strengthened by the fact that mobile phone services now cover 99 per cent of the Australian population.

Memory devices are playing a significant role in driving the Australia semiconductor market growth, as they serve as crucial components in all electronic devices

Memory devices like RAM, ROM, and flash memory are essential in electronics, providing quick access, both temporary and permanent storage, non-volatile features, and portability for a range of uses.

Logic devices such as Microprocessors (CPUs), ASICs, and FPGAs are essential in digital circuits, facilitating accurate data processing, customized optimizations, energy efficiency, and adaptable functions for various electronic applications.

In 2023, University of Sydney Nano Institute researchers unveiled a compact silicon chip, merging electronics and photonics to revolutionize Australia's semiconductor field. This innovation expands radio-frequency bandwidth, refines data control, and offers a versatile tool for advanced radar, satellites, wireless networks, and upcoming 6G and 7G telecommunications.

Market Segmentation

Australia Semiconductor Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Components

• Memory devices

• Logic devices

• Analog IC

• MPU

• Discrete power devices

• MCU

• Sensors

• Others

Market Breakup by Material Used

• Silicon Carbide

• Gallium Manganese Arsenide

• Copper Indium Gallium Selenide

• Molybdenum Disulfide

• Others

Market Breakup by End Use

• Automotive

• Industrial

• Data Centre

• Telecommunication

• Consumer Electronics

• Aerospace and Defense

• Healthcare

• Others

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

The Australia semiconductor market key players are The Silanna Group, Intel Corporation, Taiwan Semiconductor Co. Ltd., and NVIDIA Corporation, among others.

Key Highlights of the Report