Semiconductor device market to surpass USD 1,040 billion by 2028, attaining a CAGR of 9.4%

2022-09-08 01:55:45 UTC | Information & Communication Technology
Semiconductor device market to surpass USD 1,040 billion by 2028, attaining a CAGR of 9.4%
Semiconductor devices are electronic components that exploit the electronic properties of semiconductor materials. These materials include silicon, germanium, and gallium arsenide, in addition to organic semiconductors. These devices are manufactured for both discrete devices and integrated circuits, which comprise of a few to billions of devices manufactured and interconnected on a single semiconductor substrate or wafer. They are the key elements for the majority of electronic systems, including communications, consumer, data-processing, and industrial-control equipment. According to latest analysis by Gen Consulting Company, the global semiconductor device market is poised to grow by USD 433 billion during 2022-2028, progressing at a CAGR of 9.4% during the forecast period.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global semiconductor device market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the semiconductor device industry.

This industry report offers market estimates of the global market, followed by a detailed analysis of the product type, end user, and region. The global market for semiconductor device can be segmented by product type: analog, discretes, logic, memory, microcomponents, optical components, sensors. Semiconductor device market is further segmented by end user: automotive, consumer electronics, data center, industrial, networking, personal computing, smartphones, others. Based on region, the semiconductor device market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).

By product type:
- analog
- discretes
- logic
- memory
- microcomponents
- optical components
- sensors

By end user:
- automotive
- consumer electronics
- data center
- industrial
- networking
- personal computing
- smartphones
- others

By region:
- North America
- Asia Pacific
- Europe
- Rest of the World (ROW)

The global semiconductor device market report offers detailed information on several market vendors, including Analog Devices, Inc., Bosch Sensortec GmbH, Cirrus Logic Inc., Dialog Semiconductor PLC, Infineon Technologies AG, Kioxia Holdings Corporation, MediaTek Inc., Micron Technology, Inc., Murata Manufacturing Co., Ltd., NXP Semiconductors N.V., Qorvo, Inc., Qualcomm Incorporated, Samsung Electronics Co., Ltd., Semiconductor Components Industries, LLC, SK Hynix Inc., Skyworks Solutions, Inc., Sony Group Corporation, STMicroelectronics N.V., Texas Instruments Incorporated, Unisoc (Shanghai) Technologies Co., Ltd., among others.

Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

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Scope of the Report
- To analyze and forecast the market size of the global semiconductor device market.
- To classify and forecast the global semiconductor device market based on product type, end user, region.
- To identify and analyze the profile of leading players operating in the global semiconductor device market.

Why Choose This Report
- Gain a reliable outlook of the global semiconductor device market forecasts from 2022 to 2028 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.