Semiconductors

Revenue in the Semiconductors market is projected to reach US$4.33bn in 2024.
Integrated Circuits dominates the market with a projected market volume of US$3.45bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.81%, resulting in a market volume of US$6.60bn 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.,

For more information on the displayed data, use the info button right next to the boxes.

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 France has been experiencing steady growth in recent years, driven by customer preferences for advanced technology and increasing demand for electronic devices.

Customer preferences: French consumers have shown a strong preference for electronic devices such as smartphones, tablets, and smart home appliances. This has led to a growing demand for semiconductors, which are essential components in these devices. Additionally, there is a growing trend towards the adoption of emerging technologies such as artificial intelligence, Internet of Things (IoT), and autonomous vehicles, which further drives the demand for semiconductors in France.

Trends in the market: One of the key trends in the Semiconductors market in France is the increasing demand for high-performance semiconductors. As technology advances, there is a need for more powerful and efficient semiconductors to support the growing requirements of electronic devices. This trend is particularly evident in the automotive industry, where there is a shift towards electric vehicles and autonomous driving. These technologies require advanced semiconductors to enable features such as advanced driver-assistance systems (ADAS) and connectivity. Another trend in the market is the growing focus on sustainability and energy efficiency. French consumers are increasingly conscious of the environmental impact of their electronic devices and are demanding more energy-efficient products. This has led to the development of energy-efficient semiconductors that help reduce power consumption and extend battery life in electronic devices.

Local special circumstances: France has a strong semiconductor manufacturing industry, with several major companies operating in the country. This local presence provides a competitive advantage for the French market, as it allows for easier access to semiconductor products and technologies. Additionally, the French government has been supportive of the semiconductor industry, providing incentives and funding for research and development activities in the field.

Underlying macroeconomic factors: The growth of the Semiconductors market in France is also influenced by underlying macroeconomic factors. The overall economic stability and growth in France have contributed to increased consumer spending on electronic devices, driving the demand for semiconductors. Additionally, the country's strong focus on innovation and technological advancements has created a favorable environment for the semiconductor industry to thrive. In conclusion, the Semiconductors market in France is experiencing growth due to customer preferences for advanced technology, increasing demand for electronic devices, and the country's focus on innovation. The market is characterized by trends such as the demand for high-performance and energy-efficient semiconductors. The local presence of major semiconductor companies and government support further contribute to the market's development.

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 2023, global semiconductor sales reached 520 billion U.S. dollars, a fall compared to the last year as a result of a deteriorating global economy and weakening demand from consumer-driven markets.