Semiconductors - South America

South America

Revenue in the Semiconductors market is projected to reach US$26.43bn in 2024.
Integrated Circuits dominates the market with a projected market volume of US$23.85bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.49%, resulting in a market volume of US$43.53bn by 2029.
In global comparison, most revenue will be generated in 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.,

For more information on the displayed data, use the info button right next to the boxes.

Market

Region

Region comparison

Currency

Analyst Opinion

The Semiconductors market in South America is experiencing significant growth and development. Customer preferences are shifting towards advanced and innovative semiconductor technologies, driving the demand for semiconductors in the region. Additionally, local special circumstances and underlying macroeconomic factors are contributing to the growth of the market. Customer preferences in South America are increasingly focused on advanced semiconductor technologies. Consumers are demanding high-performance and energy-efficient electronic devices, such as smartphones, tablets, and wearable devices. This has led to a higher demand for semiconductors with advanced processing capabilities and power efficiency. Furthermore, the growing popularity of Internet of Things (IoT) devices and smart home technologies has also fueled the demand for semiconductors in the region. Trends in the market indicate a strong growth potential for the semiconductors industry in South America. The region is witnessing an increase in semiconductor manufacturing facilities, as companies are expanding their operations to cater to the growing demand. This trend is driven by the availability of skilled labor and favorable government policies that promote investment in the semiconductor industry. Additionally, partnerships and collaborations between local and international semiconductor companies are further boosting the growth of the market. Local special circumstances in South America are contributing to the development of the semiconductors market. The region has a large population and a growing middle class, which has led to an increase in consumer spending on electronic devices. This has created a favorable market environment for semiconductor manufacturers, as they can tap into a large and growing customer base. Furthermore, the region has a strong presence of electronics manufacturing companies, which provides opportunities for collaboration and supply chain integration. Underlying macroeconomic factors are also driving the growth of the semiconductors market in South America. The region is experiencing economic growth, which has resulted in increased disposable income and consumer purchasing power. This has fueled the demand for electronic devices, leading to a higher demand for semiconductors. Additionally, favorable government policies and incentives to attract foreign investment in the semiconductor industry have also contributed to the growth of the market. In conclusion, the Semiconductors market in South America is witnessing significant growth and development. Customer preferences for advanced semiconductor technologies, local special circumstances, and underlying macroeconomic factors are driving the growth of the market. With the increasing demand for electronic devices and favorable market conditions, the semiconductors industry in South America is expected to continue its upward trajectory.

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.