Logic Integrated Circuits - Sweden

Revenue in the Logic Integrated Circuits market is projected to reach US$210.90m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 12.94%, resulting in a market volume of US$387.50m 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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Digital bipolar logic device
MOS logic devices
Fixed gate arrays
Programmable logic devices

Microcontrollers
Microprocessors
Digital signal processors

The Logic Integrated Circuits market in Sweden is experiencing steady growth due to customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in Sweden are driving the growth of the Logic Integrated Circuits market. Swedish consumers have a high demand for advanced electronic devices and appliances that require logic integrated circuits for their functionality. With a strong focus on innovation and technology, Swedish consumers are willing to invest in high-quality electronic products that offer advanced features and performance. This has created a favorable market environment for logic integrated circuit manufacturers in Sweden. Trends in the market also contribute to the growth of the Logic Integrated Circuits market in Sweden. The increasing adoption of Internet of Things (IoT) devices and smart home technologies has led to a higher demand for logic integrated circuits. These circuits are essential for enabling connectivity and automation in IoT devices, making them an integral part of the growing smart home market in Sweden. Additionally, the rise of artificial intelligence and machine learning technologies has further fueled the demand for logic integrated circuits, as these technologies heavily rely on advanced computing capabilities provided by these circuits. Local special circumstances in Sweden have also played a role in the development of the Logic Integrated Circuits market. Sweden has a strong manufacturing base and a well-established semiconductor industry. This has attracted both domestic and international companies to invest in the production of logic integrated circuits in the country. The presence of skilled labor and advanced infrastructure has further facilitated the growth of the market, allowing companies to efficiently produce and distribute logic integrated circuits to meet the rising demand. Underlying macroeconomic factors have also contributed to the growth of the Logic Integrated Circuits market in Sweden. The country has a stable and prosperous economy, which has created a favorable business environment for companies operating in the semiconductor industry. Additionally, Sweden has a high level of technological expertise and a supportive regulatory framework, which has encouraged innovation and investment in the logic integrated circuit sector. The government's focus on promoting research and development in advanced technologies has also played a role in driving the growth of the market. Overall, the Logic Integrated Circuits market in Sweden is experiencing steady growth due to customer preferences for advanced electronic devices, market trends such as IoT and artificial intelligence, local special circumstances including a strong manufacturing base, and underlying macroeconomic factors such as a stable economy and supportive regulatory environment.

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.