Logic Integrated Circuits - G7 | Statista Market Forecast

Revenue in the Logic Integrated Circuits market is projected to reach US$52.29bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 13.63%, resulting in a market volume of US$99.05bn by 2029.
In global comparison, most revenue will be generated China (US$56.20bn in 2024).

Definition:

Logic integrated circuits are integrated circuits that are designed for digital logic functions. Digital bipolar devices, MOS logic devices, and programmable logic devices are some examples of logic integrated circuits.

Additional Information:

The Logic Integrated Circuits market comprises revenue and revenue change 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).

Key players in this market include Xilinx, Microchip, ST Microelectronics, Diodes Inc., etc.,

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

Digital bipolar logic device
MOS logic devices
Fixed gate arrays
Programmable logic devices

Microcontrollers
Microprocessors
Digital signal processors

The Logic Integrated Circuits market in G7 has been experiencing significant growth in recent years.

Customer preferences: Customers in the G7 countries have shown a strong preference for Logic Integrated Circuits due to their high performance and reliability. These circuits are widely used in various applications such as consumer electronics, automotive, industrial automation, and telecommunications. Customers in G7 countries value the advanced features and functionalities offered by Logic Integrated Circuits, which enable them to design and develop innovative and efficient products.

Trends in the market: One of the key trends in the Logic Integrated Circuits market in G7 is the increasing demand for high-speed and low-power consumption circuits. As technology continues to advance, there is a growing need for faster and more energy-efficient electronic devices. Logic Integrated Circuits that can operate at high speeds while consuming minimal power are in high demand in G7 countries. This trend is driven by the increasing adoption of smartphones, tablets, and other portable devices, as well as the growing demand for data centers and cloud computing services. Another trend in the market is the rising demand for System-on-Chip (SoC) solutions. SoCs integrate multiple functions onto a single chip, including logic, memory, and analog circuits. This integration enables higher performance, reduced power consumption, and smaller form factors, making SoCs highly desirable for a wide range of applications. G7 countries are witnessing a surge in demand for SoCs due to their ability to meet the requirements of advanced technologies such as artificial intelligence, machine learning, and Internet of Things.

Local special circumstances: Each G7 country has its own unique set of circumstances that influence the development of the Logic Integrated Circuits market. For example, the United States is home to some of the largest semiconductor companies in the world, which gives it a competitive advantage in terms of research and development, manufacturing capabilities, and market presence. Japan, on the other hand, has a strong consumer electronics industry, driving the demand for Logic Integrated Circuits in the country. Germany is known for its expertise in industrial automation, which creates a demand for high-performance and reliable circuits. These local special circumstances contribute to the growth and development of the Logic Integrated Circuits market in each G7 country.

Underlying macroeconomic factors: The growth of the Logic Integrated Circuits market in G7 is also influenced by underlying macroeconomic factors. Factors such as GDP growth, disposable income, and consumer confidence play a significant role in driving demand for electronic devices and, consequently, Logic Integrated Circuits. In addition, government policies and regulations related to technology, trade, and intellectual property rights can impact the market dynamics. The availability of skilled labor, infrastructure, and access to capital also contribute to the growth of the Logic Integrated Circuits market in G7 countries. In conclusion, the Logic Integrated Circuits market in G7 is experiencing significant growth due to customer preferences for high-performance and reliable circuits, the increasing demand for high-speed and low-power consumption circuits, and the rising demand for SoC solutions. Local special circumstances in each G7 country and underlying macroeconomic factors also contribute to the development 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.