Global Semiconductor Market Report and Forecast 2022-2027
May 14, 2022
Expert Market Research
181
PDF
Global Semiconductor Market Report and Forecast 2022-2027
Abstract Global Semiconductor Market Report and Forecast 2022-2027
Market Outlook According to Expert Market Research’s latest report, ‘Global Semiconductor Market Report and Forecast 2022-2027’, the global semiconductor market attained a value of around USD 555.90 billion in 2021. Aided by rapid digitalisation, the market is projected to further grow at a CAGR of 8.0% between 2022 and 2027 to reach a value of nearly USD 900.07 billion by 2027.
Semiconductors, also called chips, refer to materials that possess electrical conductivity somewhere between a conductor and an insulator. Their conductivity is altered with the addition of impurities to meet the needs of various electrical devices. They are widely used in different applications, such as temperature sensors, 3D printing machines, microchips and self-driving cars, calculators, solar plates, computers, and other electronic devices. The semiconductors are also used in manufacturing transistors and MOSFET, which are used as a switch in Electrical Circuits. Additionally, their functions include amplifying signals, switching, and energy conversion. It is made of elements or compounds like silicon, germanium, or gallium arsenide. The exceptional characteristics of semiconductors are reduced power losses, smaller in size, lightweight, and higher resistivity than conductors but lesser than insulators.
The rising population, rapid urbanisation, and improved living standards are leading to the growing adoption of consumer electronics in daily lives, which is driving the market growth of semiconductors. The trend of working from home is also leading to the increasing sales of smartphones and laptops, which comprises of Integrated Chips. The development of autonomous vehicles and the electrification of transportation, owing to growing eco-consciousness, are also playing a critical role in the market expansion. Nations are recognising the fundamental importance of semiconductors and thus, the governments are taking significant steps to boost semiconductor production and meet its growing demand, making the countries self-reliant. For instance, in April 2022, the Government of India signed multiple Memorandum of understanding with several leading semiconductor market players at an international conference in Bengaluru to design and co-develop semiconductors. The research and development activities associated with semiconductor technology, such as the novel materials, new manufacturing techniques, improved architecture, and others, are likely to bolster the market growth. The rapid technological advancements such as artificial intelligence, machine learning, and rising demand for memory chips in different industries are expected to augment the market growth over the forecast period.
Market Segmentation The market report by Expert Market Research analyses the market based on segmentations such as form, end use, and major region.
Market Breakup by Form •ICs •Optoelectronics •Discrete Semiconductors •Sensors
Market Segmentation by End Use •Automotive •Industrial •Data Centre •Telecommunication •Consumer Electronics •Aerospace and Defence •Healthcare •Others
Market Breakup by Region •North America •Latin America •Europe •Asia Pacific •Middle East and Africa
Competitive Landscape The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments of the key players in the industry. Some of the major players in the market explored in the Expert Market Research report are: •Intel Corporation (NASDAQ: INTC) •Micron Technology, Inc. •Qualcomm Technologies, Inc. •Samsung Electronics Co., Ltd. •SK Hynix INC •Others
Content Table of Contents
1 Preface 2 Report Coverage – Key Segmentation and Scope 3 Report Description 3.1 Market Definition and Outlook 3.2 Properties and Applications 3.3 Market Analysis 3.4 Key Players 4 Key Assumptions 5 Executive Summary 5.1 Overview 5.2 Key Drivers 5.3 Key Developments 5.4 Competitive Structure 5.5 Key Industrial Trends 6 Snapshot 6.1 Global 6.2 Regional 7 Industry Opportunities and Challenges 8 Global Semiconductor Market Analysis 8.1 Key Industry Highlights 8.2 Global Semiconductor Historical Market (2017-2021) 8.3 Global Semiconductor Market Forecast (2022-2027) 8.4 Global Semiconductor Market by Form 8.4.1 ICs 8.4.1.1 Market Share 8.4.1.2 Historical Trend (2017-2021) 8.4.1.3 Forecast Trend (2022-2027) 8.4.2 Optoelectronics 8.4.2.1 Market Share 8.4.2.2 Historical Trend (2017-2021) 8.4.2.3 Forecast Trend (2022-2027) 8.4.3 Discrete Semiconductors 8.4.3.1 Market Share 8.4.3.2 Historical Trend (2017-2021) 8.4.3.3 Forecast Trend (2022-2027) 8.4.4 Sensors 8.4.4.1 Market Share 8.4.4.2 Historical Trend (2017-2021) 8.4.4.3 Forecast Trend (2022-2027) 8.5 Global Semiconductor Market by End Use 8.5.1 Automotive 8.5.1.1 Market Share 8.5.1.2 Historical Trend (2017-2021) 8.5.1.3 Forecast Trend (2022-2027) 8.5.2 Industrial 8.5.2.1 Market Share 8.5.2.2 Historical Trend (2017-2021) 8.5.2.3 Forecast Trend (2022-2027) 8.5.3 Data Centre 8.5.3.1 Market Share 8.5.3.2 Historical Trend (2017-2021) 8.5.3.3 Forecast Trend (2022-2027) 8.5.4 Telecommunication 8.5.4.1 Market Share 8.5.4.2 Historical Trend (2017-2021) 8.5.4.3 Forecast Trend (2022-2027) 8.5.5 Consumer Electronics 8.5.5.1 Market Share 8.5.5.2 Historical Trend (2017-2021) 8.5.5.3 Forecast Trend (2022-2027) 8.5.6 Aerospace and Defence 8.5.6.1 Market Share 8.5.6.2 Historical Trend (2017-2021) 8.5.6.3 Forecast Trend (2022-2027) 8.5.7 Healthcare 8.5.7.1 Market Share 8.5.7.2 Historical Trend (2017-2021) 8.5.7.3 Forecast Trend (2022-2027) 8.5.8 Others 8.6 Global Semiconductor Market by Region 8.6.1 Market Share 8.6.1.1 North America 8.6.1.2 Europe, Middle East and Africa (EMEA) 8.6.1.3 Asia Pacific 8.6.1.4 Latin America 9 Regional Analysis 9.1 North America 9.1.1 Historical Trend (2017-2021) 9.1.2 Forecast Trend (2022-2027) 9.1.3 Breakup by Country 9.1.3.1 United States of America 9.1.3.2 Canada 9.2 Europe, Middle East and Africa (EMEA) 9.2.1 Historical Trend (2017-2021) 9.2.2 Forecast Trend (2022-2027) 9.2.3 Breakup by Country 9.2.3.1 United Kingdom 9.2.3.2 Germany 9.2.3.3 France 9.2.3.4 Italy 9.2.3.5 Others 9.3 Asia Pacific 9.3.1 Historical Trend (2017-2021) 9.3.2 Forecast Trend (2022-2027) 9.3.3 Breakup by Country 9.3.3.1 China 9.3.3.2 Japan 9.3.3.3 India 9.3.3.4 ASEAN 9.3.3.5 Australia 9.3.3.6 Others 9.4 Latin America 9.4.1 Historical Trend (2017-2021) 9.4.2 Forecast Trend (2022-2027) 9.4.3 Breakup by Country 9.4.3.1 Brazil 9.4.3.2 Argentina 9.4.3.3 Mexico 9.4.3.4 Others 10 Market Dynamics 10.1 SWOT Analysis 10.1.1 Strengths 10.1.2 Weaknesses 10.1.3 Opportunities 10.1.4 Threats 10.2 Porter’s Five Forces Analysis 10.2.1 Supplier’s Power 10.2.2 Buyer’s Power 10.2.3 Threat of New Entrants 10.2.4 Degree of Rivalry 10.2.5 Threat of Substitutes 10.3 Key Indicators for Demand 10.4 Key Indicators for Price 11 Competitive Landscape 11.1 Market Structure 11.2 Company Profiles 11.2.1 Intel Corporation (NASDAQ: INTC) 11.2.1.1 Company Overview 11.2.1.2 Product Portfolio 11.2.1.3 Demographic Reach and Achievements 11.2.1.4 Certifications 11.2.2 Micron Technology, Inc. (NASDAQ: MU) 11.2.2.1 Company Overview 11.2.2.2 Product Portfolio 11.2.2.3 Demographic Reach and Achievements 11.2.2.4 Certifications 11.2.3 Qualcomm Technologies, Inc. (NASDAQ: QCOM) 11.2.3.1 Company Overview 11.2.3.2 Product Portfolio 11.2.3.3 Demographic Reach and Achievements 11.2.3.4 Certifications 11.2.4 Samsung Electronics Co., Ltd. (KRX: 005930) 11.2.4.1 Company Overview 11.2.4.2 Product Portfolio 11.2.4.3 Demographic Reach and Achievements 11.2.4.4 Certifications 11.2.5 SK Hynix Inc. (KRX: 000660) 11.2.5.1 Company Overview 11.2.5.2 Product Portfolio 11.2.5.3 Demographic Reach and Achievements 11.2.5.4 Certifications 11.2.6 Others 12 Industry Events and Developments
Global Semiconductor Market Report and Forecast 2022-2027
Market Outlook According to Expert Market Research’s latest report, ‘Global Semiconductor Market Report and Forecast 2022-2027’, the global semiconductor market attained a value of around USD 555.90 billion in 2021. Aided by rapid digitalisation, the market is projected to further grow at a CAGR of 8.0% between 2022 and 2027 to reach a value of nearly USD 900.07 billion by 2027.
Semiconductors, also called chips, refer to materials that possess electrical conductivity somewhere between a conductor and an insulator. Their conductivity is altered with the addition of impurities to meet the needs of various electrical devices. They are widely used in different applications, such as temperature sensors, 3D printing machines, microchips and self-driving cars, calculators, solar plates, computers, and other electronic devices. The semiconductors are also used in manufacturing transistors and MOSFET, which are used as a switch in Electrical Circuits. Additionally, their functions include amplifying signals, switching, and energy conversion. It is made of elements or compounds like silicon, germanium, or gallium arsenide. The exceptional characteristics of semiconductors are reduced power losses, smaller in size, lightweight, and higher resistivity than conductors but lesser than insulators.
The rising population, rapid urbanisation, and improved living standards are leading to the growing adoption of consumer electronics in daily lives, which is driving the market growth of semiconductors. The trend of working from home is also leading to the increasing sales of smartphones and laptops, which comprises of Integrated Chips. The development of autonomous vehicles and the electrification of transportation, owing to growing eco-consciousness, are also playing a critical role in the market expansion. Nations are recognising the fundamental importance of semiconductors and thus, the governments are taking significant steps to boost semiconductor production and meet its growing demand, making the countries self-reliant. For instance, in April 2022, the Government of India signed multiple Memorandum of understanding with several leading semiconductor market players at an international conference in Bengaluru to design and co-develop semiconductors. The research and development activities associated with semiconductor technology, such as the novel materials, new manufacturing techniques, improved architecture, and others, are likely to bolster the market growth. The rapid technological advancements such as artificial intelligence, machine learning, and rising demand for memory chips in different industries are expected to augment the market growth over the forecast period.
Market Segmentation The market report by Expert Market Research analyses the market based on segmentations such as form, end use, and major region.
Market Breakup by Form •ICs •Optoelectronics •Discrete Semiconductors •Sensors
Market Segmentation by End Use •Automotive •Industrial •Data Centre •Telecommunication •Consumer Electronics •Aerospace and Defence •Healthcare •Others
Market Breakup by Region •North America •Latin America •Europe •Asia Pacific •Middle East and Africa
Competitive Landscape The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments of the key players in the industry. Some of the major players in the market explored in the Expert Market Research report are: •Intel Corporation (NASDAQ: INTC) •Micron Technology, Inc. •Qualcomm Technologies, Inc. •Samsung Electronics Co., Ltd. •SK Hynix INC •Others
Table of Contents
1 Preface 2 Report Coverage – Key Segmentation and Scope 3 Report Description 3.1 Market Definition and Outlook 3.2 Properties and Applications 3.3 Market Analysis 3.4 Key Players 4 Key Assumptions 5 Executive Summary 5.1 Overview 5.2 Key Drivers 5.3 Key Developments 5.4 Competitive Structure 5.5 Key Industrial Trends 6 Snapshot 6.1 Global 6.2 Regional 7 Industry Opportunities and Challenges 8 Global Semiconductor Market Analysis 8.1 Key Industry Highlights 8.2 Global Semiconductor Historical Market (2017-2021) 8.3 Global Semiconductor Market Forecast (2022-2027) 8.4 Global Semiconductor Market by Form 8.4.1 ICs 8.4.1.1 Market Share 8.4.1.2 Historical Trend (2017-2021) 8.4.1.3 Forecast Trend (2022-2027) 8.4.2 Optoelectronics 8.4.2.1 Market Share 8.4.2.2 Historical Trend (2017-2021) 8.4.2.3 Forecast Trend (2022-2027) 8.4.3 Discrete Semiconductors 8.4.3.1 Market Share 8.4.3.2 Historical Trend (2017-2021) 8.4.3.3 Forecast Trend (2022-2027) 8.4.4 Sensors 8.4.4.1 Market Share 8.4.4.2 Historical Trend (2017-2021) 8.4.4.3 Forecast Trend (2022-2027) 8.5 Global Semiconductor Market by End Use 8.5.1 Automotive 8.5.1.1 Market Share 8.5.1.2 Historical Trend (2017-2021) 8.5.1.3 Forecast Trend (2022-2027) 8.5.2 Industrial 8.5.2.1 Market Share 8.5.2.2 Historical Trend (2017-2021) 8.5.2.3 Forecast Trend (2022-2027) 8.5.3 Data Centre 8.5.3.1 Market Share 8.5.3.2 Historical Trend (2017-2021) 8.5.3.3 Forecast Trend (2022-2027) 8.5.4 Telecommunication 8.5.4.1 Market Share 8.5.4.2 Historical Trend (2017-2021) 8.5.4.3 Forecast Trend (2022-2027) 8.5.5 Consumer Electronics 8.5.5.1 Market Share 8.5.5.2 Historical Trend (2017-2021) 8.5.5.3 Forecast Trend (2022-2027) 8.5.6 Aerospace and Defence 8.5.6.1 Market Share 8.5.6.2 Historical Trend (2017-2021) 8.5.6.3 Forecast Trend (2022-2027) 8.5.7 Healthcare 8.5.7.1 Market Share 8.5.7.2 Historical Trend (2017-2021) 8.5.7.3 Forecast Trend (2022-2027) 8.5.8 Others 8.6 Global Semiconductor Market by Region 8.6.1 Market Share 8.6.1.1 North America 8.6.1.2 Europe, Middle East and Africa (EMEA) 8.6.1.3 Asia Pacific 8.6.1.4 Latin America 9 Regional Analysis 9.1 North America 9.1.1 Historical Trend (2017-2021) 9.1.2 Forecast Trend (2022-2027) 9.1.3 Breakup by Country 9.1.3.1 United States of America 9.1.3.2 Canada 9.2 Europe, Middle East and Africa (EMEA) 9.2.1 Historical Trend (2017-2021) 9.2.2 Forecast Trend (2022-2027) 9.2.3 Breakup by Country 9.2.3.1 United Kingdom 9.2.3.2 Germany 9.2.3.3 France 9.2.3.4 Italy 9.2.3.5 Others 9.3 Asia Pacific 9.3.1 Historical Trend (2017-2021) 9.3.2 Forecast Trend (2022-2027) 9.3.3 Breakup by Country 9.3.3.1 China 9.3.3.2 Japan 9.3.3.3 India 9.3.3.4 ASEAN 9.3.3.5 Australia 9.3.3.6 Others 9.4 Latin America 9.4.1 Historical Trend (2017-2021) 9.4.2 Forecast Trend (2022-2027) 9.4.3 Breakup by Country 9.4.3.1 Brazil 9.4.3.2 Argentina 9.4.3.3 Mexico 9.4.3.4 Others 10 Market Dynamics 10.1 SWOT Analysis 10.1.1 Strengths 10.1.2 Weaknesses 10.1.3 Opportunities 10.1.4 Threats 10.2 Porter’s Five Forces Analysis 10.2.1 Supplier’s Power 10.2.2 Buyer’s Power 10.2.3 Threat of New Entrants 10.2.4 Degree of Rivalry 10.2.5 Threat of Substitutes 10.3 Key Indicators for Demand 10.4 Key Indicators for Price 11 Competitive Landscape 11.1 Market Structure 11.2 Company Profiles 11.2.1 Intel Corporation (NASDAQ: INTC) 11.2.1.1 Company Overview 11.2.1.2 Product Portfolio 11.2.1.3 Demographic Reach and Achievements 11.2.1.4 Certifications 11.2.2 Micron Technology, Inc. (NASDAQ: MU) 11.2.2.1 Company Overview 11.2.2.2 Product Portfolio 11.2.2.3 Demographic Reach and Achievements 11.2.2.4 Certifications 11.2.3 Qualcomm Technologies, Inc. (NASDAQ: QCOM) 11.2.3.1 Company Overview 11.2.3.2 Product Portfolio 11.2.3.3 Demographic Reach and Achievements 11.2.3.4 Certifications 11.2.4 Samsung Electronics Co., Ltd. (KRX: 005930) 11.2.4.1 Company Overview 11.2.4.2 Product Portfolio 11.2.4.3 Demographic Reach and Achievements 11.2.4.4 Certifications 11.2.5 SK Hynix Inc. (KRX: 000660) 11.2.5.1 Company Overview 11.2.5.2 Product Portfolio 11.2.5.3 Demographic Reach and Achievements 11.2.5.4 Certifications 11.2.6 Others 12 Industry Events and Developments