Semiconductors

Revenue in the Semiconductors market is projected to reach US$900.20m in 2024.
Integrated Circuits dominates the market with a projected market volume of US$632.90m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.61%, resulting in a market volume of US$1.42bn 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

Switzerland, known for its precision engineering and high-quality manufacturing, has a thriving Semiconductors market. Customer preferences in the Swiss Semiconductors market are driven by the country's focus on innovation and technology. Swiss customers value high-performance and reliable semiconductors that can be used in a wide range of applications, from consumer electronics to industrial automation. They also prioritize energy efficiency and sustainability, as Switzerland aims to be a leader in clean technology. Trends in the Swiss Semiconductors market include the growing demand for semiconductors in the automotive industry. With the rise of electric vehicles and autonomous driving technology, there is a need for advanced semiconductors that can power these vehicles and enable their sophisticated features. Another trend is the increasing adoption of Internet of Things (IoT) devices, which require semiconductors for connectivity and data processing. As Switzerland continues to invest in smart cities and digital infrastructure, the demand for IoT semiconductors is expected to grow. Local special circumstances in the Swiss Semiconductors market include the presence of leading semiconductor companies and research institutions. Switzerland is home to several renowned semiconductor manufacturers and research centers, which contribute to the country's expertise in the field. This concentration of expertise and resources creates a favorable environment for innovation and collaboration, driving the growth of the market. Underlying macroeconomic factors that contribute to the development of the Swiss Semiconductors market include the country's stable economy and favorable business environment. Switzerland has a strong tradition of entrepreneurship and innovation, which attracts both domestic and international companies to invest in the semiconductor industry. Additionally, the country's high standard of living and strong purchasing power make it an attractive market for semiconductor manufacturers. In conclusion, the Semiconductors market in Switzerland is thriving due to customer preferences for high-performance and reliable semiconductors, the growing demand in the automotive and IoT sectors, the presence of leading semiconductor companies and research institutions, and the country's stable economy and favorable business 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 2023, global semiconductor sales reached 520 billion U.S. dollars, a fall compared to the last year as a result of a deteriorating global economy and weakening demand from consumer-driven markets.