GLOBAL SEMICONDUCTOR MARKET FORECAST 2017-2024

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GLOBAL SEMICONDUCTOR MARKET FORECAST 2017-2024

Global Semiconductor market is anticipated to grow at 7.67% CAGR during the forecast period 2017-2024. The base year considered for the study is 2016 and the estimated period is between 2017 and 2024. Some of the factors that are responsible for the market growth are: However, the rapid increase in the manufacturing of consumer electronic devices such as tablets, smartphones, laptops, and wearable electronics is primarily fuelling the market growth.

GLOBAL SEMICONDUCTOR MARKET FORECAST 2017-2024

Global Semiconductor Market Segmented by End Use (Data Processing, Communications, Consumer Electronics, Industrial Devices, Automotive, Military & Civil, Aerospace, Other End-use ) & by Geography

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Global Semiconductor market is anticipated to grow at 7.67% CAGR during the forecast period 2017-2024. The base year considered for the study is 2016 and the estimated period is between 2017 and 2024. Some of the factors that are responsible for the market growth are:

  • Rising demand for consumer electronics
  • Growing automotive semiconductor market
  • Booming internet of things (IoT) market
  • Heavy investments in New Product Development, R&D

However, the rapid increase in the manufacturing of consumer electronic devices such as tablets, smartphones, laptops, and wearable electronics is primarily fuelling the market growth. It has also resulted in a surge in global sales of smartphones and smart devices, which employ a lot of IC’s integrated together; which is another driving factor for the growth of Semiconductor.

semiconductor market

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In the end-usage segment, data processing holds the largest share in the market. It includes the chips that are used in servers, computers, scanners, and other similar hardware. The growth in this sector is expected to slow down in the coming future as no breakthrough innovation is expected anytime soon. The semiconductors used for data processing are largely manufactured by INTEL Corporation. The automotive industry is expected to have the highest CAGR during the forecast period. This trend is due to consumer’s growing demand for electric or hybrid cars and enhanced safety applications. With more and more electronic equipment plugged into vehicles, almost all applications such as voltage control, direct current, and battery management are performed by the semiconductor.

With the increased adoption of Semiconductor, newer challenges have been introduced in the market. Cyclic nature of semiconductor industry, varying foreign exchange rates, changing consumption patterns for semiconductor in various regions, and the heavy costs involved are some of the major issues that are profoundly pulling back the Semiconductor market.

The global Semiconductor market has been segmented based on the end user. They are further segmented as follows:

By End Use:

  • Data processing
  • Communications
  • Consumer electronics
  • Industrial devices
  • Automotive
  • Military & civil aerospace
  • Other end use

On the basis of geography, global Semiconductor market has been segmented in five major geographies;

  • Asia Pacific
  • Europe
  • United States
  • Middle East
  • Rest of world

In 2016, Asia Pacific dominated the overall Semiconductor market. Following a few years of moderate growth, the Asia-Pacific Semiconductor market grew rapidly in 2015. In the Asia-Pacific region, the semiconductor market is heavily concentrated in China, Taiwan, South Korea and Japan. China is expected to remain the leading semiconductor market regionally as well as globally. The high demand for semiconductor from the region is mainly driven by the presence of leading semiconductor companies such as TSMC, Samsung, and SMIC. Moreover, major chip vendors in the region are investing in infrastructure development such as the construction of new fabs to increase throughput. For instance, SMIC will be increasing the throughput for its fab in China by building a new 450-mm fab facility in Beijing. On the other hand, the market in the Middle Eastern region is expected to grow at the fastest rate over the forecast period. It is mainly driven by the increasing demand for consumer electronics and the integration of semiconductor into several devices across sectors like automotive, industrial, communications, military, and others.

Global Semiconductor market is segmented on the basis of its end use. This segment includes: Data processing, Communications, Consumer electronics, Industrial devices, Automotive, Military & civil aerospace & other end use.

The major companies operating in the global Semiconductor market are;

  • Intel Corporation
  • Samsung
  • SK Hynix
  • Micron
  • Qualcomm
  • And others

Company profiles of the prominent market players are discussed in detail. Most of the companies are looking for strategies such as merger & acquisition, partnership, contracts, agreements, and new product launch, in order to gain a competitive edge over other companies. In October 2017, ON Semiconductor Corporation opened its new product development center in the Slovakian capital of Bratislava. In April 2017, SK Hynix Inc. introduced the 2Znm 8 GB (Gigabit) GDDR6 (Graphics DDR6) DRAM.

Key findings of the global Semiconductor market:

  • The Asia Pacific market is the most promising marketplace. It also accounted for the largest revenue share of the overall global market in 2016. Over 70% of the advanced fabrication plants are located in Asia.
  • Top markets for Semiconductor and semiconductor manufacturing equipment are China, the European Union, Taiwan, Japan, South Korea, United States and Singapore.
  • Intel and Qualcomm were the largest players in the US semiconductor space.
  • South Korea overtook Japan to become the second largest semiconductor producer in the world. Also, with a rapid growth in the past two years, Taiwan is leading in the semiconductor manufacturing area. China remains the largest consumer for Semiconductor.
  • The semiconductor industry is strongly leveraged to this data growth paradigm. An increase in semiconductor R&D spending to make the advanced technology nodes commercially viable will drive the sales globally.
  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
  4. MARKET OVERVIEW
    • MARKET DEFINITION
    • MARKET DRIVERS
      • RISING DEMAND FOR CONSUMER ELECTRONICS
      • GROWING AUTOMOTIVE SEMICONDUCTOR MARKET
      • BOOMING INTERNET OF THINGS (IOT) MARKET
    • MARKET RISKS
      • FLUCTUATING FOREIGN EXCHANGE RATES
      • REGIONAL IMBALANCE IN CONSUMPTION PATTERNS FOR SEMICONDUCTORS
      • CYCLIC NATURE OF SEMICONDUCTOR INDUSTRY
      • HIGH FIXED COSTS
  1. MARKET OUTLOOK
    • EVOLUTION OF THE MARKET
    • BUSINESS MODELS
    • FUTURE OF SEMICONDUCTORS
      • INORGANIC GROWTH IS THE PREFERRED GROWTH PATH
      • GAN SEMICONDUCTORS ARE EXPECTED TO SHOW THE STURDIEST PROGRESSION IN COMING YEARS
      • DRONES & UNMANNED AUTONOMOUS VEHICLES (UAV’S) WILL PUSH THE SEMICONDUCTOR GROWTH
      • NEW MEMORY TECHNOLOGIES WILL SURFACE IN ORDER TO ELIMINATE COST AND DENSITY LIMITATIONS OF DRAM AND NAND FLASH FOR SERVERS.
      • SILICON PHOTONICS WILL EMERGE AS THE LEADING TECHNOLOGY.
      • 5G TECHNOLOGIES ARE A BIG OPPORTUNITY FOR SEMICONDUCTOR SUPPLIERS
  1. PRODUCTION ANALYSIS
    • DISCRETE, OPTOELECTRONICS, AND SENSORS
    • ESTABLISHED MEMORY TECHNOLOGIES AND EMERGING MEMORY TECHNOLOGIES
    • SEMICONDUCTOR PACKAGING TECHNOLOGY
    • SEMICONDUCTOR PACKAGING MATERIALS
  2. MARKET SEGMENTATION- BY END USE
    • DATA PROCESSING
    • COMMUNICATIONS
    • CONSUMER ELECTRONICS
    • INDUSTRIAL DEVICES
    • AUTOMOTIVE
    • MILITARY & CIVIL AEROSPACE
    • OTHER END-USE
  3. KEY ANALYTICS
    • PORTERS FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VALUE CHAIN ANALYSIS
    • KEY BUYING CRITERIA
      • VALUE TO CUSTOMER
      • MEETING CUSTOMER SPECIFICATION AND CUSTOMIZATION
      • REPUTATION OF THE SELLER/MANUFACTURER
      • TIME-TO-MARKET
  1. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • TAIWAN
      • SOUTH KOREA
    • EUROPE
    • UNITED STATES
    • MIDDLE EAST
    • REST OF WORLD
  2. COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
    • COMPANY PROFILES
      • INTEL CORPORATION
      • SAMSUNG ELECTRONICS
      • QUALCOMM INCORPORATION
      • SK HYNIX
      • MICRON TECHNOLOGY
      • NXP SEMICONDUCTORS
      • TEXAS INSTRUMENTS INC.
      • INFINEON TECHNOLOGIES AG
      • ON SEMICONDUCTOR CORPORATION
      • TOSHIBA CORPORATION

 

LIST OF TABLES

TABLE 1: GLOBAL SEMICONDUCTOR MARKET, BY GEOGRAPHY, 2017-2024 (IN $ BILLION)

TABLE 2: PERFORMANCE GAP IN MEMORY HIERARCHY

TABLE 3: GLOBAL SEMICONDUCTOR MARKET, BY END USE, 2017-2024 (IN $ BILLION)

TABLE 4: GLOBAL DATA PROCESSING MARKET, BY GEOGRAPHY, 2017-2024 (IN $ BILLION)

TABLE 5: GLOBAL COMMUNICATIONS MARKET, BY GEOGRAPHY, 2017-2024 (IN $ BILLION)

TABLE 6: GLOBAL CONSUMER ELECTRONICS MARKET, BY GEOGRAPHY, 2017-2024 (IN $ BILLION)

TABLE 7: PRODUCTS/SOLUTIONS OFFERED BY KEY SEMICONDUCTOR SUPPLIERS IN MEDICAL APPLICATION

TABLE 8: GLOBAL INDUSTRIAL DEVICES MARKET, BY GEOGRAPHY, 2017-2024 (IN $ BILLION)

TABLE 9: GLOBAL AUTOMOTIVE MARKET, BY GEOGRAPHY, 2017-2024 (IN $ BILLION)

TABLE 10: GLOBAL MILITARY AND CIVIL AEROSPACE MARKET, BY GEOGRAPHY, 2017-2024 (IN $ BILLION)

TABLE 11: GLOBAL OTHER END-USE MARKET, BY GEOGRAPHY, 2017-2024 (IN $ BILLION)

TABLE 12: OPPORTUNITY MATRIX OF SEMICONDUCTOR MARKET

TABLE 13: GLOBAL SEMICONDUCTOR MARKET, BY GEOGRAPHY, 2017-2024 (IN $ BILLION)

TABLE 14: ASIA PACIFIC SEMICONDUCTOR PACKAGING MATERIALS MARKET, BY KEY COUNTRIES, 2017-2024 (IN $ BILLION)

 

LIST OF FIGURES

FIGURE 1: GLOBAL SEMICONDUCTOR MARKET, BY END USE, 2016 & 2024 (%)

FIGURE 2: NUMBER OF WORLDWIDE SMARTPHONE USERS, 2015-2020 (IN BILLION)

FIGURE 3: NUMBER OF TABLET USERS ACROSS THE WORLD, 2015-2020, (IN BILLIONS)

FIGURE 4: WEARABLE DEVICES MARKET ESTIMATES, 2014-2018 (IN $ BILLION)

FIGURE 5: GLOBAL AUTOMOTIVE SEMICONDUCTOR MARKET, 2017-2025 ($ MILLION)

FIGURE 6: FLUCTUATING EXCHANGE RATES BETWEEN USD AND THE JAPANESE YEN, 2012 TO 2016

FIGURE 7: EVOLUTION OF SEMICONDUCTORS

FIGURE 8: KEY BUSINESS MODELS IN SEMICONDUCTOR INDUSTRY

FIGURE 9: INTERNATIONALIZATION OF THE SEMICONDUCTOR VALUE CHAIN (% OF TOTAL REVENUE, 2015)

FIGURE 10: PRODUCTION ANALYSIS OF SEMICONDUCTOR MARKET

FIGURE 11: FRONT-END PRODUCTION PROCESSES

FIGURE 12: BACK-END PRODUCTION PROCESSES

FIGURE 13: MILESTONES OF FLOATING GATE NON VOLATILE MEMORIES

FIGURE 14: EVOLVING MEMORY ARCHITECTURE & OPPORTUNITIES FOR EMERGING MEMORIES

FIGURE 15: GLOBAL SEMICONDUCTORS MARKET, BY DATA PROCESSING, 2017-2024 (IN $ BILLION)

FIGURE 16: GLOBAL SHIPMENTS OF LAPTOPS AND DESKTOP PC’S 2010-2021 (IN MILLION UNITS)

FIGURE 17: GLOBAL SEMICONDUCTORS MARKET, BY COMMUNICATIONS, 2017-2024 (IN $ BILLION)

FIGURE 18: WORLDWIDE TABLET SHIPMENTS, 2010-2017(TILL Q2), (IN MILLION UNITS)

FIGURE 19: GLOBAL SEMICONDUCTORS MARKET, BY CONSUMER ELECTRONICS, 2017-2024 (IN $ BILLION)

FIGURE 20: GLOBAL SEMICONDUCTORS MARKET, BY INDUSTRIAL DEVICES, 2017-2024 (IN $ BILLION)

FIGURE 21: GLOBAL SEMICONDUCTORS MARKET, BY AUTOMOTIVE, 2017-2024 (IN $ BILLION)

FIGURE 22: WORLDWIDE AUTOMOBILE (CARS & COMMERCIAL VEHICLES) PRODUCTION, 2000-2016 (IN MILLION UNITS)

FIGURE 23: GLOBAL SEMICONDUCTORS MARKET, BY MILITARY AND CIVIL AEROSPACE, 2017-2024 (IN $ BILLION

FIGURE 24: GLOBAL SEMICONDUCTORS MARKET, BY OTHER END USE, 2017-2024 (IN $ BILLION)

FIGURE 25: PORTERS FIVE FORCES ANALYSIS FOR SEMICONDUCTOR MARKET

FIGURE 26: KEY BUYING IMPACT ANALYSIS

FIGURE 27: VALUE CHAIN ANALYSIS OF SEMICONDUCTOR MARKET

FIGURE 28: ASIA PACIFIC SEMICONDUCTORS MARKET, 2017-2024 (IN $ BILLION)

FIGURE 29: EUROPE SEMICONDUCTORS MARKET, 2017-2024 (IN $ BILLION)

FIGURE 30: UNITED STATES SEMICONDUCTORS MARKET, 2017-2024 (IN $ BILLION)

FIGURE 31: MIDDLE EAST SEMICONDUCTORS MARKET, 2017-2024 (IN $ BILLION)

FIGURE 32: REST OF WORLD SEMICONDUCTORS MARKET, 2017-2024 (IN $ BILLION)

  1. MARKET SEGMENTATION- BY END USE
    • DATA PROCESSING
    • COMMUNICATIONS
    • CONSUMER ELECTRONICS
    • INDUSTRIAL DEVICES
    • AUTOMOTIVE
    • MILITARY & CIVIL AEROSPACE
    • OTHER END-USE
  2. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • TAIWAN
      • SOUTH KOREA
    • EUROPE
    • UNITED STATES
    • MIDDLE EAST
    • REST OF WORLD

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