The global Semiconductor And Related Devices market is anticipated to grow at a CAGR of 7.0% during the forecast period (2023-2030). The growth of this market is attributed to the increase in demand for semiconductors as they are used across various industries such as automotive, communication, industrial, and others. Additionally, the emergence of AI, IoT, and machine learning technologies is providing new opportunities for market development.
A semiconductor device is an electronic component that can control and regulate current. The most common devices are integrated circuits, microprocessors, memory chips, and others. Semiconductors have been the foundation of many modern inventions such as computers, cell phones, or televisions which would not exist without this technology. Semiconductors and related devices are the fundamental building blocks of all technology. They help to power everything from your smartphone, laptops, TVs, and even vehicles like self-driving cars or drones. Semiconductors can be found in anything that uses electricity.
Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/semiconductor-and-related-devices-market
In January 2023 the U.S. Semiconductor Industry Association (SIA) and the India Electronics and Semiconductor Association (IESA) announced an initiative to strengthen public-private collaboration in chip ecosystem. This initiative helps in identifying opportunities, and challenges and facilitates longer-term development and supply chain of semiconductor ecosystems.
In August 2022, The UK Research and Innovation (UKRI) has given $11.4 million in funding to the National Epitaxy Facility, a partnership between the Universities of Sheffield, Cambridge, and University College London (UCL) and this will be a critical element of the UK’s strategy in semiconductor technologies.
In August 2021, Renesas Electronics Corporation, a Japan-based semiconductor manufacturing company acquired Dialog Semiconductors, UK Based manufacturing company. Through this acquisition, Renesas enables to extend its go-to-market initiatives and provide seamless and borderless services to customers across the globe.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2023-2030
• Segment Covered-
o By Type
o By Product Type
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Qualcomm, Samsung Semiconductor, Broadcom, Taiwan Semiconductor Manufacturing Company Limited, NXP Semiconductors N.V., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Semiconductor and Related Devices Market Report Segment
By Type
By Product Type
By End-User
Global Semiconductor and Related Devices Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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