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Revenue in the Semiconductors market is projected to reach US$25.71bn in 2024.
Integrated Circuits dominates the market with a projected market volume of US$23.32bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.55%, resulting in a market volume of US$42.45bn 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.,

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

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 Brazil has been experiencing significant growth in recent years, driven by a number of factors. Customer preferences in the market have shifted towards advanced technologies and increased connectivity, leading to increased demand for semiconductors. Additionally, local special circumstances such as government initiatives and investment in the technology sector have further fueled the growth of the market. Customer preferences in the Semiconductors market in Brazil have been influenced by the global trend towards advanced technologies and increased connectivity. As consumers and businesses alike seek more powerful and efficient devices, the demand for semiconductors has increased. This is particularly evident in the consumer electronics sector, where smartphones, tablets, and other devices rely heavily on semiconductors for their functionality. Additionally, the growing popularity of Internet of Things (IoT) devices has also contributed to the increased demand for semiconductors in Brazil. Trends in the market indicate that the demand for semiconductors in Brazil will continue to grow in the coming years. The country has a large and growing middle class, with increasing disposable income, which is driving consumer demand for electronic devices. Furthermore, the government has implemented initiatives to promote the development of the technology sector, including tax incentives and investment in research and development. These initiatives have attracted both domestic and foreign companies to invest in the Semiconductors market in Brazil, further driving its growth. Local special circumstances in Brazil have also played a role in the development of the Semiconductors market. The country has a strong manufacturing base, which has allowed for the production of semiconductors locally. This has not only reduced costs for domestic companies, but has also created job opportunities and contributed to the overall growth of the economy. Additionally, Brazil has a large and growing population, which provides a significant consumer base for the Semiconductors market. Underlying macroeconomic factors have also contributed to the growth of the Semiconductors market in Brazil. The country has experienced stable economic growth in recent years, which has increased consumer purchasing power and contributed to the demand for electronic devices. Furthermore, Brazil has a well-established infrastructure, including a reliable electricity grid and internet connectivity, which has facilitated the adoption of advanced technologies and increased the demand for semiconductors. In conclusion, the Semiconductors market in Brazil is experiencing significant growth due to customer preferences for advanced technologies and increased connectivity. The market is also benefiting from local special circumstances, such as government initiatives and investment in the technology sector. Underlying macroeconomic factors, including stable economic growth and a well-established infrastructure, have further fueled the growth of the market. As a result, the Semiconductors market in Brazil is expected to continue to expand 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.