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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Semiconductor Devices Market Regional Analysis
The Asia Pacific accounts for a significant share in semiconductor devices market. The major countries that manufacture semiconductor devices include Taiwan, South Korea, Japan, and China. The presence of a strong supply chain network and high-end wafer manufacturing technologies is the major factor driving the market growth in the region.
On the other hand, North America is witnessing significant growth and accounts for a sizable portion of the world’s semiconductor chip manufacturing capacity. The increasing efforts by the government of the United States towards actively expanding the domestic capabilities for semiconductor device manufacturing are boosting the semiconductor devices demand growth.
Semiconductor Devices Market Report Snapshots
Semiconductor Devices Market Size
Semiconductor Devices Market Growth
Semiconductor Devices Market Trends
Semiconductor Devices Companies
Semiconductor Devices Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 645.84 billion.
The market is estimated to grow at a CAGR of 8.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 1312.71 billion by 2032.
The market is being driven by the growing adoption of 5G in smartphones, proliferation of IoT devices, and automation in factories and vehicles.
The key trends aiding the market expansion include the increasing demand for integrated circuits, expansion of the electric vehicle sector, and rising digitalisation.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major end uses of semiconductor devices are automotive, communication, consumer electronics, industrial, and computing/ data storage, among others.
The major players in the market are Intel Corp., Samsung Electronics Co., Ltd., Broadcom Inc., Fujitsu Limited, Toshiba Corporation, KYOCERA Corporation, STMicroelectronics International N.V., NXP Semiconductors N.V., Texas Instruments Incorporated, and Taiwan Semiconductor Manufacturing Company (TSMC) Limited, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124