Integrated Circuits - New Zealand

Revenue in the Integrated Circuits market is projected to reach US$38.54m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.14%, resulting in a market volume of US$62.47m by 2029.
In global comparison, most revenue will be generated China (US$148.10bn in 2024).

Definition:

Integrated circuits (ICs) are semiconductors that are fabricated using several interconnected devices. These devices are cost-effective and efficient when compared to the number of discrete devices used to achieve the same functionality.

Structure:

The Integrated Circuits market is divided into four markets depending on their application:

The Analog Integrated Circuits market includes ICs that are used to process analog signals.
The Logic Integrated Circuits market includes ICs that are used for digital logic functions.
The Memory Integrated Circuits market includes ICs that are intended for memory functions.
The last market Micro Integrated Circuits includes microprocessors, microcontrollers, and digital signal processors that are intended for performing dedicated functions as per the instructions.

Additional Information:

The 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). Further definitions of markets can be found on respective pages.

Key players in this market include Intel, Analog Devices, SK Hynix, Qualcomm, Nvidia, etc.,

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General-purpose and application-specific analog ICs
Digital Bipolar logic ICs
MOS logic devices
Microprocessors, Microcontrollers, Digital signal processors
MOS memory devices

Discrete device modules
Board level modules

The Integrated Circuits market in New Zealand has been experiencing steady growth in recent years.

Customer preferences: Customers in New Zealand have shown a strong preference for high-performance and energy-efficient integrated circuits. With the increasing demand for advanced technologies, such as artificial intelligence, Internet of Things, and autonomous vehicles, there is a growing need for integrated circuits that can handle complex tasks and process large amounts of data quickly. Customers in New Zealand also value reliability and durability in their integrated circuits, as they are often used in critical applications such as medical devices and aerospace systems.

Trends in the market: One of the key trends in the Integrated Circuits market in New Zealand is the increasing adoption of integrated circuits in various industries. The automotive industry, for example, is using integrated circuits for advanced driver assistance systems and autonomous vehicles. The healthcare industry is also using integrated circuits in medical devices for diagnostics and treatment. Additionally, the consumer electronics industry is driving demand for integrated circuits in smartphones, tablets, and wearable devices. Another trend in the market is the miniaturization of integrated circuits. As technology continues to advance, manufacturers are able to pack more transistors onto a single chip, resulting in smaller and more powerful integrated circuits. This trend is particularly important in industries where space is limited, such as aerospace and military applications.

Local special circumstances: New Zealand has a relatively small population compared to other countries, which means that the demand for integrated circuits may be lower compared to larger markets. However, the country has a strong focus on innovation and technology, which creates opportunities for the Integrated Circuits market. The government of New Zealand has been investing in research and development initiatives to foster innovation and attract foreign investment in the technology sector. This has led to the establishment of research centers and technology hubs, which in turn has created a demand for integrated circuits.

Underlying macroeconomic factors: The Integrated Circuits market in New Zealand is influenced by several macroeconomic factors. The country's stable political environment and well-developed infrastructure make it an attractive location for businesses. The government has also implemented policies to support the growth of the technology sector, including tax incentives and grants for research and development activities. Additionally, New Zealand has a highly skilled workforce, which is essential for the design and manufacturing of integrated circuits. Furthermore, New Zealand has a strong trade relationship with other countries, particularly Australia and China. This allows for the import and export of integrated circuits, which contributes to the growth of the market. The country's proximity to Asia also provides opportunities for collaboration and partnerships with manufacturers in the region. In conclusion, the Integrated Circuits market in New Zealand is driven by customer preferences for high-performance and energy-efficient solutions. The increasing adoption of integrated circuits in various industries, the miniaturization of chips, and the government's support for the technology sector are key trends in the market. Despite its small population, New Zealand's focus on innovation and technology, along with its stable political environment and well-developed infrastructure, create favorable conditions for the growth of the Integrated Circuits 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 are expected to surpass 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.