Micro Integrated Circuits - Taiwan

Revenue in the Micro Integrated Circuits market is projected to reach US$2.41bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.05%, resulting in a market volume of US$3.08bn by 2029.
In global comparison, most revenue will be generated China (US$15.39bn in 2024).

Definition:

Micro integrated circuits are ICs that are manufactured using either metal oxide semiconductor or bipolar metal oxide semiconductor technologies and are intended for digital logic functions. These include microprocessors, microcontrollers, and digital signal processors.

Additional Information:

The Micro 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 Intel, AMD, NXP, ST Microelectronics, etc.,

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Microprocessors
Microcontrollers
Digital signal processors

Non-MOS logic devices
Board level modules

The Micro Integrated Circuits market in Taiwan has been experiencing steady growth in recent years. Customer preferences in the market have been shifting towards smaller, more compact devices with increased functionality. This has driven the demand for micro integrated circuits, which are essential components in the production of these devices. Additionally, the local special circumstances in Taiwan, such as a strong manufacturing industry and a skilled workforce, have contributed to the growth of the market. Customer preferences in the Micro Integrated Circuits market in Taiwan have been shaped by the global trend towards smaller and more portable devices. Consumers are increasingly looking for smartphones, tablets, and wearable devices that are lightweight and easy to carry. As a result, there is a growing demand for micro integrated circuits that can provide the necessary processing power and functionality in a compact form factor. Manufacturers in Taiwan have responded to this demand by developing and producing micro integrated circuits that are smaller and more efficient than ever before. In addition to customer preferences, the local special circumstances in Taiwan have also played a role in the growth of the Micro Integrated Circuits market. Taiwan has a strong manufacturing industry, with many major electronics companies having production facilities in the country. This has created a favorable environment for the development and production of micro integrated circuits, as manufacturers can take advantage of the existing infrastructure and expertise in the country. Furthermore, Taiwan has a highly skilled workforce, with many engineers and technicians specializing in semiconductor technology. This has allowed for the production of high-quality micro integrated circuits that meet the demands of both domestic and international markets. The underlying macroeconomic factors in Taiwan have also contributed to the growth of the Micro Integrated Circuits market. Taiwan has a stable economy with a strong focus on technology and innovation. The government has implemented policies and initiatives to support the development of the semiconductor industry, including tax incentives and funding for research and development. This has attracted investment from both domestic and international companies, further driving the growth of the market. Additionally, Taiwan has a well-established network of suppliers and manufacturers, which has helped to streamline the production process and reduce costs. In conclusion, the Micro Integrated Circuits market in Taiwan is experiencing steady growth due to customer preferences for smaller, more compact devices and the local special circumstances in the country. The strong manufacturing industry, skilled workforce, and supportive government policies have all contributed to the growth of the market. With the continued demand for smaller and more powerful devices, the Micro Integrated Circuits market in Taiwan is expected to continue its upward trajectory in the coming years.

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.