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Logic Integrated Circuits - MENA

MENA
  • Revenue in the Logic Integrated Circuits market is projected to reach US$576.00m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 12.91%, resulting in a market volume of US$1.06bn 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.,

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In-Scope

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

Out-Of-Scope

  • Microcontrollers
  • Microprocessors
  • Digital signal processors
Integrated Circuits: market data & analysis - Cover

Market Insights report

Integrated Circuits: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Logic Integrated Circuits market is the largest market in the semiconductor market in terms of revenue with more than a 30 % share. Almost all digital electronic products require logic integrated circuits for one or the other functions.

    The increasing demand for industrial production equipment, 5G-enabled smartphones, medical devices, and electric vehicles will drive growth in this market. Furthermore, technological advancements such as reduced power consumption, higher productivity, and reliability would also positively influence the market.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Methodology

    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.

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    Semiconductors - statistics & facts

    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.
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