Semiconductor and Related Devices Market
Semiconductor and Related Devices Market Size, Share & Trends Analysis Report by Type (Intrinsic Semiconductor, Extrinsic Semiconductor), by Product Type (Integrated Circuits, Memory Chips, Microprocessors, and Other Product types), and by End-User (Information Technology, Aerospace & Defense, Consumer Electronics, Automotive, Healthcare, and Other End Users) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Semiconductor and related devices market is anticipated to grow at a CAGR of 7.0% during the forecast period. The primary factor boosting the market growth includes the increasing number of electronic devices such as smartphones, tablets, laptops, and the development of new technologies such as 5G wireless networks, AI, and IoT. In addition to this, the use of semiconductors and related devices in the automobile industry has increased significantly with features such as advanced driver assistance systems, infotainment systems, and many others. For example, the total number of smartphone devices across the globe reached 6 billion in 2020, i.e., eight people out of 10 own a smartphone in 2020, eventually driving the revenues of semiconductor manufacturing companies. Therefore, the increasing use of smartphones is expected to drive the semiconductors and related devices market. For instance in November 2022, the US federal will invest in semiconductor design and R&D approximately $20 billion to $30 billion through 2030—including $15 billion to $20 billion for an investment tax credit for semiconductor design and this will help maintain long-term US chip design leadership.
Segmental Outlook
The global semiconductor and related devices market is segmented based on the type, product type, and end-user. Based on the type, the market is segmented into intrinsic semiconductors, and extrinsic semiconductors. Based on the product type, the market is sub-segmented into integrated circuits, memory chips, microprocessors, and other product types. Further, based on end-user, the market is segmented into information technology, aerospace & defense, consumer electronics, automotive, healthcare, and other End Users.
Among the product type, memory chips are anticipated to register significant growth for the forecast period. the increasing demand for high-performance memory chips in various industries including consumer electronics and automotive. Companies in the memory chip market are developing chips with major technological changes that contribute to the growth of demand for memory chips. Researchers are creating memory chips that can store and process the data, reducing the time and energy required to transfer data and increasing the speed of processors. For instance, Samsung Electronics announced the mass production of fifth-generation V-NAND memory chips that transfer data faster and additionally have the fastest data write speed at 500 microseconds (µs). This write speed is a 30% improvement over the previous generation, and the read-time has significantly reduced to 50µs. Technological advances reducing the data transfer time and energy contribute to the growth of the market.
Regional Outlook
The global semiconductor and related devices market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The demand for vehicles in North American region is growing significantly. Semiconductor chips are an important part of modern vehicles, as these chips can perform various functions such as managing emissions, providing vehicle safety, store vehicle data and others. Hence the demand of semiconductor and related devices is expected to grow during the forecast period.
Global Semiconductor and Related Devices Market Growth, by Region 2023-2030
The Asia-Pacific Region is Expected to Hold Prominent Share in the Global Semiconductor And Related Devices Market
Among all regions, the Asia-Pacific region is anticipated to emerge as the fastest-growing regional market over the forecast period. The rapid growth of emerging markets in the region such as China, India, and others has fuelled demand for consumer electronics and automotive applications. Samsung, TSMC, Hynix, and other companies invested in AI-assisted semiconductor manufacturing, research, and development as well as the installation of new plants which further boost the demand the semiconductor and other devices. For instance, in December 2021, SK Hynix, a South Korean company acquired the first phase of Intel’s SSD business and Dalian NAND Flash manufacturing facility assets in China for $7 billion and the second phase is expected to occur in or after March 2025 with the remaining payment of $2 billion. The acquisition will allow SK Hynix to expand its NAND Flash and SSD business.
Market Players Outlook
The major companies serving the global semiconductor devices market include Qualcomm, Samsung Semiconductor, Broadcom, and MediaTek, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in August 2022, GlobalFoundries, a semiconductor manufacturing company and Qualcomm Technologies, announced the extension of a long-term agreement to secure US supply through 2028. This agreement is more than doubling their existing strategic global long-term semiconductor manufacturing agreement that GF and Qualcomm's respective subsidiaries had previously signed.
In April 2021, Marvell a US-based semiconductor company completes the acquisition of Inphi another US-based company. This acquisition enhances Marvell’s product portfolio and enables it to offer more comprehensive solutions for data center and 5G infrastructure markets.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global semiconductor and related devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Semiconductor and Related Devices Market by Type
4.1.1. Intrinsic Semiconductor
4.1.2. Extrinsic Semiconductor
4.2. Global Semiconductor Devices Market by Product Type
4.2.1. Integrated Circuits
4.2.2. Memory Chips
4.2.3. Microprocessors
4.2.4. Other Product Types
4.3. Global Semiconductor Devices Market by End-User
4.3.1. Information Technology
4.3.2. Aerospace & Defense
4.3.3. Consumer Electronics
4.3.4. Automotive
4.3.5. Healthcare
4.3.6. Other End-Users
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Advanced Micro Devices
6.2. AU Optronics Corp.
6.3. Broadcom, Inc.
6.4. Freescale Semiconductor
6.5. Fujitsu Microelectronics
6.6. Intel
6.7. Marvell Technology Group Ltd.
6.8. MediaTek
6.9. Micron
6.10. Nvidia
6.11. NXP Semiconductors N.V.
6.12. Qualcomm
6.13. Samsung Semiconductor
6.14. SK Hynix
6.15. SolarEdge Technologies, Inc.
6.16. Sony
6.17. STMicroelectronics N.V
6.18. Taiwan Semiconductor Manufacturing Company Limited
6.19. Texas Instruments
6.20. Toshiba
6.21. Transcend Information
6.22. Western Digital
1. GLOBAL SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
2. GLOBAL INTRINSIC SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL EXTRINSIC SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
5. GLOBAL INTEGRATED CIRCUITS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL MEMORY CHIPS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL MICROPROCESSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL OTHER PRODUCT TYPES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
10. GLOBAL SEMICONDUCTOR DEVICES FOR INFORMATION TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL SEMICONDUCTOR DEVICES FOR AEROSPACE & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL SEMICONDUCTOR DEVICES FOR CONSUMER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL SEMICONDUCTOR DEVICES FOR AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL SEMICONDUCTOR DEVICES FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL SEMICONDUCTOR DEVICES FOR OTHER END USERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. NORTH AMERICAN SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
18. NORTH AMERICAN SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
19. NORTH AMERICAN SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
20. NORTH AMERICAN SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
21. EUROPEAN SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
22. EUROPEAN SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
23. EUROPEAN SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
24. EUROPEAN SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
25. ASIA-PACIFIC SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
26. ASIA-PACIFIC SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
27. ASIA-PACIFIC SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
28. ASIA-PACIFIC SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
29. REST OF THE WORLD SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
30. REST OF THE WORLD SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
31. REST OF THE WORLD SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
32. REST OF THE WORLD SEMICONDUCTOR DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
1. GLOBAL SEMICONDUCTOR DEVICES MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL INTRINSIC SEMICONDUCTOR DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL EXTRINSIC SEMICONDUCTOR DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL SEMICONDUCTOR DEVICES MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%/)
5. GLOBAL INTEGRATED CIRCUITS SEMICONDUCTOR DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL MEMORY CHIPS SEMICONDUCTOR DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL MICROPROCESSORS SEMICONDUCTOR DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL OTHER PRODUCT TYPES SEMICONDUCTOR DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL SEMICONDUCTOR DEVICES MARKET SHARE BY END-USER, 2021 VS 2028 (%)
10. GLOBAL SEMICONDUCTOR DEVICES FOR INFORMATION TECHNOLOGY MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL SEMICONDUCTOR DEVICES FOR AEROSPACE & DEFENSE MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL SEMICONDUCTOR DEVICES FOR CONSUMER ELECTRONICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL SEMICONDUCTOR DEVICES FOR AUTOMOTIVE MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL SEMICONDUCTOR DEVICES FOR HEALTHCARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL SEMICONDUCTOR DEVICES FOR OTHER END USERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL SEMICONDUCTOR DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. US SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
18. CANADA SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
19. UK SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
20. FRANCE SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
21. GERMANY SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
22. ITALY SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
23. SPAIN SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
24. REST OF EUROPE SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
25. INDIA SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
26. CHINA SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
27. JAPAN SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
28. SOUTH KOREA SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF ASIA-PACIFIC SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
30. REST OF THE WORLD SEMICONDUCTOR DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
