Technavio has been monitoring the semiconductor market and it is poised to grow by USD 90.80 billion during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Semiconductor Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
Frequently Asked Questions-
- What are the major trends in the market?
- Emerging semiconductor packaging technologies is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of over 4%, the incremental growth of the market is anticipated to be USD 90.80 billion.
- Who are the top players in the market?
- Broadcom Inc., Infineon Technologies AG, Intel Corp., Micron Technology Inc., NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc., Samsung Electronics Co. Ltd., SK HYNIX Inc., and Texas Instruments Inc. are some of the major market participants.
- What are the key market drivers and challenges?
- Rising adoption of semiconductors ICs in automobiles is one of the major factors driving the market. However, the impact of the trade war on semiconductor market restraints the market growth.
- How big is the APAC market?
The APAC region will contribute 76% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Broadcom Inc., Infineon Technologies AG, Intel Corp., Micron Technology Inc., NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc., Samsung Electronics Co. Ltd., SK HYNIX Inc., and Texas Instruments Inc. are some of the major market participants. The rising adoption of semiconductors ICs in automobiles will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Semiconductor Market 2020-2024: Segmentation
Semiconductor Market is segmented as below:
- Discrete Semiconductors
- North America
- South America
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Semiconductor Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The semiconductor market report covers the following areas:
- Semiconductor Market Size
- Semiconductor Market Trends
- Semiconductor Market Analysis
This study identifies emerging semiconductor packaging technologies as one of the prime reasons driving the semiconductor market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Semiconductor Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist semiconductor market growth during the next five years
- Estimation of the semiconductor market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the semiconductor market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of semiconductor market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- ICs – Market size and forecast 2019-2024
- Optoelectronics – Market size and forecast 2019-2024
- Discrete semiconductors – Market size and forecast 2019-2024
- Sensors – Market size and forecast 2019-2024
- Market opportunity by Product
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume drivers – Demand led growth
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Broadcom Inc.
- Infineon Technologies AG
- Intel Corp.
- Micron Technology Inc.
- NVIDIA Corp.
- NXP Semiconductors NV
- Qualcomm Inc.
- Samsung Electronics Co. Ltd.
- SK HYNIX Inc.
- Texas Instruments Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.