Semiconductor Market PPT 2024: Size, Growth, Demand and Forecast till 2032

The global semiconductor market size reached US$ 650.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,170.4 Billion by 2032, exhibiting a growth rate (CAGR) of 6.75% during 2024-2032.

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1. Global Semiconductor Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved

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3. Report Highlight and Description According to the latest report by IMARC Group, titled  "Semiconductor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,"  the  global semiconductor market size reached US$ 650.2 Billion in 2023. Factors Affecting the Growth of the Semiconductor Industry: Increased Demand for Electronics: The rapid proliferation of consumer electronics such as smartphones, tablets, laptops, and smart home devices is significantly escalating the demand for semiconductors. As technology advances, these devices are becoming more sophisticated and feature-rich, requiring increasingly complex semiconductor chips to power their functions. Moreover, modern smartphones, integrate multiple high-performance processors and specialized chips for tasks ranging from graphics rendering to biometric security. Similarly, tablets and laptops demand powerful semiconductors to handle multitasking and high-resolution displays. Along with this, the expansion of smart home technologies, including smart speakers, thermostats, and security systems, further contributes to the surge in semiconductor demand. As the electronics market continues to evolve with numerous innovations and higher performance standards, the need for advanced semiconductors capable of supporting these developments remains critical, driving sustained growth in the semiconductor industry.

4. Report Highlight and Description Technological Advancements: Technological advancements in semiconductors are a major factor propelling demand for more sophisticated chips. Additionally, several innovations in processing power, energy efficiency, and miniaturization are critical as emerging technologies including 5G, artificial intelligence (AI), and machine learning require cutting-edge semiconductor solutions. For instance, 5G networks necessitate semiconductors that can handle high-speed data transmission with minimal latency. AI and machine learning applications depend on chips that provide significant computational power and energy efficiency to process vast amounts of data and execute complex algorithms. Moreover, advances in miniaturization allow for the development of smaller, more powerful chips that can be integrated into a wide range of devices, enhancing performance while reducing power consumption. These technological improvements drive the demand for advanced semiconductors capable of meeting the needs of next-generation technologies. Automotive Sector Growth: The automotive sector is experiencing significant growth in its reliance on semiconductor components, which is driving increased demand for these chips. Additionally, modern vehicles are equipped with a variety of semiconductor-based systems that enhance functionality and safety.

5. Report Highlight and Description Moreover, several advanced driver assistance systems (ADAS) use semiconductors for features like adaptive cruise control, lane-keeping assist, and automatic emergency braking. Furthermore, infotainment systems in vehicles rely on high-performance chips for navigation, entertainment, and connectivity. Along with this, the development of autonomous driving technologies, which require complex sensor integration and real-time data processing, further accelerates the need for sophisticated semiconductors. As automotive electronics become more intricate and integral to vehicle operation, the demand for advanced semiconductor components continues to propel the market growth. Request for a PDF sample of this report: https://www.imarcgroup.com/semiconductor-market/requestsample

6. Report Description Global Semiconductor Market Trends : At present, the rollout of 5G technology and the exploration of 6G is creating significant demand for semiconductors that support high-speed communication and enhanced connectivity. There is a growing emphasis on developing energy-efficient and environmentally friendly semiconductor technologies which includes efforts to reduce the carbon footprint of semiconductor manufacturing processes. Moreover, a trend toward integrating various functions into single semiconductor devices to improve performance and reduce costs including system-on-chip (SoC) solutions that combine multiple functions into one chip is influencing the market growth. Furthermore, companies are heavily investing in research and development (R&D) to stay competitive, leading to the emergence of new technologies and advancements in semiconductor capabilities. View Report TOC, Figures and Tables : https://www.imarcgroup.com/semiconductor-market

7. Report Segmentation Breakup by Components: Memory Devices Logic Devices Analog IC MPU Discrete Power Devices MCU Sensors Others Breakup by Material Used: Silicon Carbide Gallium Manganese Arsenide Copper Indium Gallium Selenide Molybdenum Disulfide Others

8. Report Segmentation Breakup by End User: Automotive Industrial Data Centre Telecommunication Consumer Electronics Aerospace and Defense Healthcare Others Breakup by Region : North America Europe Asia-Pacific Latin America Middle East and Africa

9. Competitive Landscape with Key Players Broadcom Inc. Infineon Technologies AG Intel Corporation Micron Technology Inc. NXP Semiconductors N.V. Renesas Electronics Corporation Samsung Electronics Co. Ltd. SK hynix Inc. STMicroelectronics N.V. Taiwan Semiconductor Manufacturing Company Limited Texas Instruments Incorporated Toshiba Electronic Devices & Storage Corporation (Toshiba Corporation)

10. Key Questions Answered in the Report

11. Key Questions Answered in the Report

12. Table of Contents 1    Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Global Semiconductor Market - Introduction 4.1 Overview 4.2 Market Dynamics 4.3 Industry Trends 4.4 Competitive Intelligence 5 Global Semiconductor Market Landscape 5.1 Historical and Current Market Trends (2018-2023) 5.2 Market Forecast (2024-2032) 6 Global Semiconductor Market - Breakup by Components 6.1 Memory Devices 6.1.1 Overview 6.1.2 Historical and Current Market Trends (2018-2023) 6.1.3 Market Segmentation 6.1.4 Market Forecast (2024-2032) 6.2 Logic Devices 6.2.1 Overview 6.2.2 Historical and Current Market Trends (2018-2023) 6.2.3 Market Segmentation 6.2.4 Market Forecast (2024-2032)        

13. Table of Contents 6.3 Analog IC 6.3.1 Overview 6.3.2 Historical and Current Market Trends (2018-2023) 6.3.3 Market Segmentation 6.3.4 Market Forecast (2024-2032) 6.4 MPU 6.4.1 Overview 6.4.2 Historical and Current Market Trends (2018-2023) 6.4.3 Market Segmentation 6.4.4 Market Forecast (2024-2032) 6.5 Discrete Power Devices 6.5.1 Overview 6.5.2 Historical and Current Market Trends (2018-2023) 6.5.3 Market Segmentation 6.5.4 Market Forecast (2024-2032) 6.6 MCU 6.6.1 Overview 6.6.2 Historical and Current Market Trends (2018-2023) 6.6.3 Market Segmentation 6.6.4 Market Forecast (2024-2032) 6.7 Sensors 6.7.1 Overview 6.7.2 Historical and Current Market Trends (2018-2023) 6.7.3 Market Segmentation 6.7.4 Market Forecast (2024-2032) 6.8 Others 6.8.1 Historical and Current Market Trends (2018-2023) 6.8.2 Market Forecast (2024-2032) 6.9 Attractive Investment Proposition by Components For more information, visit : https://www.imarcgroup.com/semiconductor-market/toc

14. Partial List of Clients

15. Partial List of Clients

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