The global market for Semiconductors estimated at US$489.7 Billion in the year 2020, is projected to reach a revised size of US$782.3 Billion by 2027, growing at a CAGR of 6.9% over the analysis period 2020-2027
DUBLIN--(BUSINESS WIRE)--Nov 2, 2022--
Global Semiconductors Market to Reach $782.3 Billion by 2027
The global market for Semiconductors estimated at US$489.7 Billion in the year 2020, is projected to reach a revised size of US$782.3 Billion by 2027, growing at a CAGR of 6.9% over the analysis period 2020-2027.
Memory, one of the segments analyzed in the report, is projected to record a 7.4% CAGR and reach US$229.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Microcomponent segment is readjusted to a revised 6.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $133.4 Billion, While China is Forecast to Grow at 11.4% CAGR
The Semiconductors market in the U.S. is estimated at US$133.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$174 Billion by the year 2027 trailing a CAGR of 11.3% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 6.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.
OSD Segment to Record 7.6% CAGR
In the global OSD segment, USA, Canada, Japan, China and Europe will drive the 7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$88.4 Billion in the year 2020 will reach a projected size of US$141.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$107.5 Billion by the year 2027, while Latin America will expand at a 9.2% CAGR through the analysis period.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Semiconductors - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS (Total 342 Featured)
Advanced Micro Devices, Inc.
Amkor Technology, Inc.
Analog Devices, Inc.
Applied Materials, Inc.
Bharat Electronics Ltd.
Bourns, Inc.
Bright Led Electronics Corporation
Broadcom Inc.
Carlo Gavazzi Holding AG
CML Technologies GmbH & Co. KG
Cree, Inc.
Cypress Semiconductor Corporation
Digi International, Inc.
Diodes, Inc.
ELAN Microelectronics Corporation
eMagin Corporation
Fujitsu Ltd.
GCT Semiconductor, Inc.
Hitachi Ltd.
Honeywell International, Inc.
Infineon Technologies AG
IPG Photonics Corporation
Kingston Technology Co., Inc.
Lattice Semiconductor Corporation
Linear Technology Corporation
Lite-on Semiconductor Corporation
Melexis NV
Microchip Technology, Inc.
Microsemi Corporation
MOSPEC Semiconductor Corporation
NVIDIA Corporation
Oki Electric Industry Co., Ltd.
OmniVision Technologies, Inc. (OVT)
ON Semiconductor Corporation
Robert Bosch GmbH
ROHM Co., Ltd.
Samsung Semiconductor, Inc. (SSI)
Seiko Epson Corporation
Semtech Corporation
TOREX Semiconductor Ltd.
Vishay Intertechnology, Inc.
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: TECHNOLOGY SEMICONDUCTOR
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/02/2022 08:16 AM/DISC: 11/02/2022 08:17 AM
http://www.businesswire.com/news/home/20221102005619/en