Semiconductors

Revenue in the Semiconductors market is projected to reach US$16.88bn in 2024.
Integrated Circuits dominates the market with a projected market volume of US$12.49bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.75%, resulting in a market volume of US$25.67bn 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 D-A-CH, consisting of Germany, Austria, and Switzerland, is experiencing steady growth driven by customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Semiconductors market in D-A-CH are influenced by the increasing demand for advanced electronic devices and technological innovations. Customers in this region are highly tech-savvy and value high-quality, reliable semiconductors that enable the efficient functioning of their devices. They also prioritize energy efficiency and environmentally friendly products. As a result, there is a growing demand for semiconductors that offer superior performance, low power consumption, and sustainability features. Trends in the market indicate a shift towards miniaturization and integration of semiconductors. This trend is driven by the need for compact and lightweight electronic devices with enhanced functionality. Manufacturers are focusing on developing smaller and more efficient semiconductors to meet the demands of the market. Additionally, there is a growing demand for semiconductors used in emerging technologies such as Internet of Things (IoT), artificial intelligence (AI), and autonomous vehicles. These technologies require advanced semiconductors with high processing power and connectivity capabilities. Local special circumstances in the D-A-CH region further contribute to the development of the Semiconductors market. Germany, being one of the largest economies in Europe, has a strong manufacturing sector and is a hub for technological innovation. The country's emphasis on research and development, along with its skilled workforce, creates a favorable environment for semiconductor companies. Austria and Switzerland also have well-established technology sectors and provide a conducive business environment for semiconductor manufacturers. Underlying macroeconomic factors play a crucial role in the growth of the Semiconductors market in D-A-CH. The region's stable economic conditions, favorable investment climate, and strong consumer purchasing power contribute to the demand for semiconductors. Additionally, government initiatives to promote digitalization and technological advancements further stimulate the market. The D-A-CH region also benefits from its strategic location within Europe, which allows easy access to other European markets and fosters international trade and collaboration. In conclusion, the Semiconductors market in D-A-CH is developing due to customer preferences for advanced electronic devices, market trends towards miniaturization and integration, local special circumstances that support technological innovation, and underlying macroeconomic factors such as stable economic conditions and government initiatives. These factors collectively contribute to the growth and expansion of the Semiconductors market in the D-A-CH region.

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.