Dublin, June 24, 2020 (GLOBE NEWSWIRE) -- The "Semiconductor and Circuit Manufacturing Market by Component (Memory, MPU, MCU, DSP), Semiconductor (Intrinsic, Extrinsic), Material (Silicon, Germanium), Application (Consumer, Automotive, Industrial, Military and Civil Aerospace) - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
This report provides in-depth analysis of semiconductor and circuit manufacturing market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2027. The semiconductor and circuit manufacturing market will grow at a CAGR of 4.3% from 2020 to 2027 to reach $522.7 billion by 2027.
The growth in this market is majorly attributed to the factors such as consistent development in semiconductor ecosystem; increasing demand for IT hardware, industrial automation products, consumer electronics including mobile phones, and automotive products; and increasing investment in the research & development activities for the development of semiconductor industry. However, expensive fabrication and global impact of COVID-19 on the semiconductor industry has created serious challenges for the growth of this market.
The global semiconductor and circuit manufacturing market study presents historical market data (2018 & 2019), estimated current data (2020), and forecasts for 2027. The market is segmented on the basis of component (memory, logic, analog, MPU, optical devices, discrete, microcontroller units, sensors, DSP, others), type (intrinsic semiconductor, extrinsic semiconductor), material type (silicon, germanium, gallium arsenide, silicon carbide, others), and application (data processing electronics, communication electronics, consumer electronics, automotive electronics, industrial electronics, military and civil aerospace). The study also evaluates industry competitors and analyses the market at a country level.
Based on component, the memory device segment is estimated to account for the largest share of the overall semiconductor and circuit manufacturing market in 2020. However, the optical devices segment is expected to witness rapid growth during the forecast period, which is mainly due to the increasing usage of optoelectronics chips in CMOS image sensors for various applications such as embedded cameras, LED lighting solutions, and automotive safety; growing technological advancements; and rapidly transforming market for several residential, commercial, and industrial applications.
Based on application, the data processing electronics segment is estimated to hold the largest share of the overall semiconductor and circuit manufacturing market in 2020. The large share of this segment is mainly attributed to the increasing demand for semiconductors in the data processing electronic devices including PCs, ultra-mobiles, tablets, servers, and storage devices along with its easy integration with these devices. Also, the rapid proliferation of mobile phones and other connected devices is further expected to accelerate the demand for memory card and storage devices, thereby expanding the market for data processing electronics applications.
Geographically, the SCM market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East &Africa. Asia Pacific region is expected to witness rapid growth during the forecast period, primarily due to the factors such as presence of the world's leading semiconductor players, rapidly growing economy, increase in mobile communications, consistent enhancement in cloud computing, and easy availability of the semiconductor. Moreover, rapid adoption of semiconductor devices in the region, particularly in automobile industry including autonomous cars & electric vehicles; energy industry including solar panel; healthcare industry including medical devices; and consumer electronic industry including mobile phones & computers is supporting the fastest growth in Asia-Pacific region.
Scope of the Report:
Market by Component
Market by Type
Market by Application
Market by Geography:
Key questions answered in the report:
Key Topics Covered:
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.3.1. Currency
1.3.2. Limitations
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Top-Down Approach
2.3.1.3. Growth forecast
2.4. Assumptions for the Study
3. Executive Summary
3.1. Market Overview
3.2. Market Analysis, by Component
3.3. Market Analysis, by Type
3.4. Market Analysis, by Material Type
3.5. Market Analysis, by Application
3.6. Market Analysis, by Geography
3.7. Competitive Analysis
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Growing Technological Advancements with Rising Acceptance of Connected Devices
4.2.2. Proliferation of Smartphones
4.2.3. Increasing Technological Collaboration
4.3. Restraints
4.3.1. Impact of COVID-19 Pandemic
4.4. Opportunities
4.4.1. Adoption of 5G Technology
4.4.2. Increasing Investment in Research & Development Activity
4.5. Challenge
4.5.1. Construction of User-Friendly Design With Thin Film Coating to Maintain Easy Integration
4.6. Trend
4.6.1. Growing Usage of Connected Devices in Automotive and Home Automation
4.7. Impact of COVID-19 Pandemic on Semiconductor and Circuit Manufacturing Market
5. Global Semiconductor and Circuit Manufacturing Market, by Component
5.1. Introduction
5.2. Memory
5.3. Logic
5.4. Analog
5.5. Microprocessor (MPU)
5.6. Optoelectronics
5.7. Discrete
5.8. Microcontroller Unit (MCU)
5.9. Sensor
5.10. DSP
6. Global Semiconductor and Circuit Manufacturing Market, by Type
6.1. Introduction
6.2. Extrinsic Semiconductor
6.2.1. P-Type Semiconductor
6.2.2. N-Type Semiconductor
6.3. Intrinsic Semiconductor
7. Global Semiconductor and Circuit Manufacturing Market, by Material Type
7.1. Introduction
7.2. Silicon
7.3. Germanium
7.4. Gallium Arsenide
7.5. Silicon Carbide
7.6. Others
8. Global Semiconductor and Circuit Manufacturing Market, by Application
8.1. Introduction
8.2. Data Processing Electronics
8.3. Communication Electronics
8.4. Industrial Electronics
8.5. Automotive Electronics
8.6. Consumer Electronics
8.7. Military and Civil Aerospace
9. Global Semiconductor and Circuit Manufacturing Market, by Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. U.K.
9.3.3. France
9.3.4. Italy
9.3.5. Spain
9.3.6. Rest of Europe
9.4. Asia Pacific
9.4.1. Japan
9.4.2. China
9.4.3. South Korea
9.4.4. Taiwan
9.4.5. India
9.4.6. Rest of Asia Pacific
9.5. Latin America
9.6. Middle East & Africa
10. Competitive Landscape
10.1. Introduction
10.2. Key Growth Strategies
10.3. Market Share Analysis
11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
11.1. Samsung Electronics Co., Ltd.
11.2. Intel Corporation
11.3. Taiwan Semiconductor Manufacturing Company
11.4. SK Hynix, Inc.
11.5. Micron Technology, Inc.
11.6. Broadcom, Inc.
11.7. Qualcomm Technologies, Inc.
11.8. Texas Instruments, Inc.
11.9. Toshiba Corporation
11.10. Nvidia Corporation
11.11. On Semiconductor
11.12. Advanced Micro Devices, Inc. (AMD)
11.13. Analog Devices, Inc.
11.14. Renesas Electronics Corporation
11.15. NXP Semiconductors N.V.
12. Appendix
12.1. Questionnaire
12.2. Available Customization
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