Semiconductors

Revenue in the Semiconductors market is projected to reach US$3.10bn in 2024.
Integrated Circuits dominates the market with a projected market volume of US$2.22bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.97%, resulting in a market volume of US$4.77bn by 2029.
In global comparison, most revenue will be generated China (US$177.80bn in 2024).

Definition:

Semiconductors are the crucial building blocks of all the electronics we see daily. The semiconductor industry comprises companies that design, fabricate, assemble, test, and supply semiconductors that are suitable for various applications. The semiconductor market represents the market size of the semiconductors used in various electronics applications.

Structure:

The semiconductor market is structured into four different markets based on the functionality of the semiconductors as follows:

The Discrete Semiconductors market represents the semiconductors that have a basic function and are mostly built using a single semiconductor device. These are further used in an application in conjunction with other semiconductors.
The Integrated Circuits market is the largest market and represents the semiconductors that have specific functionality. They generally consist of several basic semiconductor devices. This market is further divided into Analog Integrated Circuits, Logic Integrated Circuits, Memory Integrated Circuits, and Micro Integrated Circuits.
The Optoelectronics market represents the semiconductors that have functionality related to light.
The last market Sensors & Actuators represents the semiconductors that sense real-world factors and those that actuate other devices.

Additional Information:

The semiconductor market comprises revenue, revenue change, and key player market shares 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 the markets can be found on respective pages.

Key players in this market include Samsung, Intel, SK Hynix, Qualcomm, Micron, etc.,

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Discrete semiconductors such as diodes, transistors, and resistors
Integrated circuits such as DRAM, microprocessors, analog to digital converters
Optoelectronics such as LEDs, laser diodes
Sensors and actuators such as image sensors, temperature sensors

Silicon wafers
Semiconductor foundry services

The Semiconductors market in Poland has been experiencing steady growth in recent years.

Customer preferences: Polish customers have shown a strong preference for high-quality and reliable semiconductors. They value products that offer advanced features and performance, as well as those that are energy-efficient. Additionally, there is a growing demand for semiconductors that are compatible with emerging technologies such as artificial intelligence, Internet of Things (IoT), and autonomous vehicles.

Trends in the market: One of the key trends in the Polish Semiconductors market is the increasing adoption of semiconductors in various industries. The automotive sector, in particular, has been a major driver of growth, with the rising demand for electric vehicles and advanced driver-assistance systems. The consumer electronics industry is also contributing to the market growth, driven by the popularity of smartphones, tablets, and wearable devices. Another trend in the market is the growing focus on research and development (R&D) activities. Polish companies are investing in R&D to develop innovative semiconductor technologies and products. This is aimed at gaining a competitive edge in the market and meeting the evolving needs of customers. The government is also supporting R&D initiatives through funding and incentives, further fueling the growth of the market.

Local special circumstances: Poland has a strong manufacturing base, which has attracted several multinational semiconductor companies to establish their production facilities in the country. This has created a favorable environment for the growth of the Semiconductors market, as it allows for easier access to the local market and reduces import costs. Additionally, the presence of these companies has led to the development of a skilled workforce and a robust supply chain ecosystem, further supporting the market growth.

Underlying macroeconomic factors: The overall economic growth in Poland has had a positive impact on the Semiconductors market. The country has experienced stable GDP growth and a favorable business environment, which has attracted foreign investments and boosted domestic consumption. This has translated into increased demand for semiconductors across various sectors. Furthermore, Poland's strategic location within Europe makes it an attractive market for semiconductor manufacturers. It serves as a gateway to the European Union (EU) market, offering easy access to a large customer base. The country's membership in the EU also provides advantages such as trade agreements and regulatory harmonization, which further support the growth of the Semiconductors market. In conclusion, the Semiconductors market in Poland is witnessing steady growth, driven by customer preferences for high-quality and advanced products, the increasing adoption of semiconductors in various industries, the focus on R&D activities, the presence of multinational companies, and favorable macroeconomic factors. These factors are expected to continue driving the growth of the market 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.