Semiconductors

Revenue in the Semiconductors market is projected to reach US$2.13bn in 2024.
Integrated Circuits dominates the market with a projected market volume of US$1.87bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.28%, resulting in a market volume of US$3.17bn by 2029.
In global comparison, most revenue will be generated China (US$177.80bn in 2024).

Definition:

Semiconductors are the crucial building blocks of all the electronics we see daily. The semiconductor industry comprises companies that design, fabricate, assemble, test, and supply semiconductors that are suitable for various applications. The semiconductor market represents the market size of the semiconductors used in various electronics applications.

Structure:

The semiconductor market is structured into four different markets based on the functionality of the semiconductors as follows:

The Discrete Semiconductors market represents the semiconductors that have a basic function and are mostly built using a single semiconductor device. These are further used in an application in conjunction with other semiconductors.
The Integrated Circuits market is the largest market and represents the semiconductors that have specific functionality. They generally consist of several basic semiconductor devices. This market is further divided into Analog Integrated Circuits, Logic Integrated Circuits, Memory Integrated Circuits, and Micro Integrated Circuits.
The Optoelectronics market represents the semiconductors that have functionality related to light.
The last market Sensors & Actuators represents the semiconductors that sense real-world factors and those that actuate other devices.

Additional Information:

The semiconductor market comprises revenue, revenue change, and key player market shares as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Further definitions of the markets can be found on respective pages.

Key players in this market include Samsung, Intel, SK Hynix, Qualcomm, Micron, etc.,

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Discrete semiconductors such as diodes, transistors, and resistors
Integrated circuits such as DRAM, microprocessors, analog to digital converters
Optoelectronics such as LEDs, laser diodes
Sensors and actuators such as image sensors, temperature sensors

Silicon wafers
Semiconductor foundry services

The Semiconductors market in Czechia is experiencing significant growth and development.

Customer preferences: Customers in the Semiconductors market in Czechia are increasingly demanding high-performance and energy-efficient products. They are looking for semiconductors that can support advanced technologies such as artificial intelligence, Internet of Things, and autonomous vehicles. Additionally, customers are also seeking semiconductors that are compact in size and can be integrated into various devices and applications.

Trends in the market: One of the key trends in the Semiconductors market in Czechia is the increasing adoption of advanced manufacturing techniques. Companies are investing in technologies such as 3D printing, nanotechnology, and advanced packaging to enhance the performance and functionality of semiconductors. This trend is driven by the need to meet the growing demand for high-quality semiconductors and to stay competitive in the global market. Another trend in the market is the rising demand for automotive semiconductors. The automotive industry in Czechia is experiencing significant growth, and there is a growing need for semiconductors that can support advanced driver assistance systems, electric vehicles, and connected car technologies. This trend is driven by the increasing consumer demand for safer, more efficient, and technologically advanced vehicles.

Local special circumstances: Czechia has a strong manufacturing base and a highly skilled workforce, which has contributed to the growth of the Semiconductors market. The country has a long history in the electronics industry and has established itself as a hub for semiconductor manufacturing. This has attracted both domestic and foreign companies to invest in the market, leading to the development of a robust semiconductor ecosystem. Furthermore, Czechia's strategic location in Central Europe makes it an attractive destination for semiconductor manufacturers. The country has a well-developed transportation infrastructure and is well-connected to other European markets. This allows companies in Czechia to easily export their products to other countries in the region, further boosting the growth of the Semiconductors market.

Underlying macroeconomic factors: The growth of the Semiconductors market in Czechia is also influenced by macroeconomic factors. The country has a stable economy and a favorable business environment, which has attracted foreign investments in the semiconductor industry. Additionally, the government of Czechia has implemented policies to support the growth of the high-tech sector, including the semiconductor industry. This includes providing financial incentives, tax benefits, and funding for research and development activities. Furthermore, the increasing demand for semiconductors globally is also driving the growth of the market in Czechia. The rapid advancement of technologies such as artificial intelligence, Internet of Things, and 5G has created a strong demand for semiconductors, and Czechia is well-positioned to cater to this demand. The country's strong manufacturing capabilities and skilled workforce make it an ideal location for semiconductor production. In conclusion, the Semiconductors market in Czechia is experiencing significant growth and development. Customer preferences for high-performance and energy-efficient products, along with the adoption of advanced manufacturing techniques, are driving the market trends. The country's strong manufacturing base, strategic location, and favorable business environment, coupled with the increasing global demand for semiconductors, are the key factors contributing to the growth of the market.

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at the manufacturer price level (excluding VAT).

Modeling approach / Market size:

Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use the annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Governments and companies across the entire semiconductor value chain have had to navigate changing demands, supply chain imbalances, and geopolitical factors in recent times. As a result, action plans and policies have had to be established to safeguard the supply of semiconductors. In 2024, global semiconductor sales surpassed 600 billion U.S. dollars, a jump from the previous year as the industry reaps the rewards from the artificial intelligence (AI) revolution sweeping across the world.