Semiconductors - GCC
GCC- The Semiconductors market is anticipated to witness a substantial growth in revenue, reaching a projected value of US$317.61m by the year 2025.
- Among the various segments in this market, Optoelectronics stands out as the dominant player, with a projected market volume of US$148.11m in the same year.
- Looking ahead, the market is expected to maintain a steady growth trajectory, with an annual growth rate (CAGR 2025-2029) of 6.14%.
- This growth will lead to a market volume of US$403.09m by the year 2029.
- When considering the global landscape, it is worth noting that China is expected to generate the largest share of revenue in the Semiconductors market, with an impressive figure of US$204.03bn in 2025.
- The GCC country plays a significant role in this market, contributing to its overall growth and development.
- The GCC region is witnessing a surge in semiconductor manufacturing, driven by government initiatives to diversify their economies and reduce dependence on oil.
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
