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Semiconductor : Trending Facts & Insights
The semiconductor market is fundamental to all technological advancement due to its presence and operation in the consumer electronics, automotive, telecommunications, and even the healthcare industries, among many others. They form the basic building blocks of end products such as integrated circuits (ICs), microprocessors, sensors, and memory devices that facilitate the operation of such devices.
Experts predict that the semiconductor market will surpass $1.1 trillion by 2030. Some of the key factors propelling this growth include
- Increasing scope of applications in AI, cloud computing, and edge computing.
- High availability of 5G technology and the development of infrastructure support.
- Advancement in the automotive sector, primarily EVs and autonomous vehicles.
- Customers are increasingly inclined to purchase memory and storage products.
The Asia Pacific region primarily concentrates the market, accounting for over 60% of its total revenue. Following it in terms of market concentration is North America and Europe.
Global Semiconductor Industry
Overview
The semiconductor market is fundamental to all technological advancement due to its presence and operation in the consumer electronics, automotive, telecommunications, and even the healthcare industries, among many others. They form the basic building blocks of end products such as integrated circuits (ICs), microprocessors, sensors, and memory devices that facilitate the operation of such devices.
Experts predict that the semiconductor market will surpass $1.1 trillion by 2030. Some of the key factors propelling this growth include
- Increasing scope of applications in AI, cloud computing, and edge computing.
- High availability of 5G technology and the development of infrastructure support.
- Advancement in the automotive sector, primarily EVs and autonomous vehicles.
- Customers are increasingly inclined to purchase memory and storage products.
The Asia Pacific region primarily concentrates the market, accounting for over 60% of its total revenue. Following it in terms of market concentration is North America and Europe.
Types & Definition
The semiconductor industry includes the processes of designing, inventing, and manufacturing devices and materials within the semiconductor category. These products manage electrical lines, thereby facilitating the operation of electronic devices and systems. Semiconductors form the foundation of modern computing and electronics technologies.
1. ICs, or Integrated Circuits: These include microprocessors, memories, and also analog ICs.
2. Separate (discrete) semiconductors. Examples: diodes, transistors, and thyristors.
3. Optoelectronic devices: LEDs, laser diodes, and photodetectors.
4. Sensors: MEMS, image sensors, and environmental sensors.
5. Power Semiconductor: Power MOSFETs, IGBTs, and rectifiers.
Industry Trends
1. Advanced node migration: the increase in the use of 3 nm and 2 nm high-efficiency process nodes.
2. As IoT and AI add growth at the edge, the need for chips with high performance and low power consumption increases.
3.Sustainability: Increase in production of chips that consume less energy.
4. Back-to-back sourcing: Building more semiconductor plants, such as those in the US and Europe, as opposed to being solely reliant on Asia.
5. Trends in IC design are transitioning from monolithic to chiplet- or building block-based.
Facts & Insights
Artificial intelligence chips demand is projected to increase at a compound annual growth rate of more than twenty percent until two thousand and thirty.
The COVID-19 pandemic brought to light the challenges caused by the unavailability of semiconductors due to disrupted supply chains.
The development and advances in computing architecture are advancing specialized components in semiconductor chips as well.
Several governments are implementing heavy investments in semiconductor manufacturing sectors to cut down dependence on foreign supplies.
Three-dee stacking chip technology in advanced packages is changing the industry.
Market Segment
1. Application: Customer electronics, automotive, telecommunication, industrial, and health care.
2. Component: CPUs, memory, sensors, optoelectronics, and power devices, respectively.
3. Material: Includes the use of materials such as silicon, gallium nitride (GaN), silicon carbide (SiC), etc.
4.Geography: Such regions as Asia pacific, North America, Europe, Latin America and Middle East & Africa.
Industry Leader
1. Intel Corporation: A worldwide-known leader in the semiconductor business that specializes in microprocessors.
2. Samsung Electronics: Leads the market for memory chips and other complex IC products.
3. Taiwan Semiconductor Manufacturing Company Limited (TSMC): The largest foundry globally, supplying semiconductor companies.
4. Qualcomm: Focused on mobile and wireless communication chips.
5. NVIDIA: The most prominent player in the land of AI-targeted GPUs, along with other semiconductors.
6. Texas Instruments: Specialist in analog chips and an embedded processing provider.