The Logic Nodes Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Logic Nodes Global Market Report 2024, The logic nodes market size is expected to see strong growth in the next few years. It will grow to $3.74 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rising demand for electric vehicles, growth in renewable energy projects, surge in smart home devices, increasing focus on energy efficiency, increasing adoption of 5g technology. Major trends in the forecast period include growing adoption of thin film technology, integration of resistors in advanced driver-assistance systems (adas), development of resistor networks for complex circuits, increased use of resistors in renewable energy applications, strategic partnerships and collaborations.
The expanding internet connectivity is expected to propel the growth of the logic node market going forward. Internet connectivity is the ability of devices and networks to access and communicate over the global internet infrastructure, allowing data exchange and online interactions. Internet connectivity is rising due to increased digital transformation, the proliferation of smart devices, and expanded network infrastructure globally. Logic nodes are required for internet connectivity because they manage data routing, processing, and traffic control, ensuring efficient and reliable communication between devices on a network. For instance, in November 2022, according to a report published by the International Telecommunication Union, a Switzerland-based specialized agency, an estimated 5.3 billion people, or 66 percent of the global population, used the Internet in 2022. This represents a 6.1 percent growth rate from 2021. Therefore, the expanding internet connectivity is driving the growth of the logic node market.
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The logic nodes market covered in this report is segmented –
1) By Type: Customized, Standard
2) By Performance Requirement: High Performance Computing, Low Power Applications
3) By Application: Consumer Electronics, Automotive Electronics, Industrial, Others Applications
Major companies operating in the logic node market are adopting a strategic partnership approach to build advanced semiconductor technology. A strategic partnership is a formal alliance between two or more organizations with the goal of achieving specific, mutually beneficial objectives. For instance, in December 2022, IBM, a US-based provider of global hybrid cloud, AI, and consulting expertise, and Rapidus, a Japan-based semiconductor manufacturer, formed a joint development partnership to advance logic scaling technology as part of Japan’s efforts to establish itself as a global leader in semiconductor research, development, and manufacturing. The result of this long-awaited international collaboration is essential for Japan to regain a vital role in the semiconductor supply chain. This partnership will enable Rapidus to contribute to the well-being of humanity through advanced logic semiconductors produced using technologies developed jointly with IBM.
The logic nodes market report table of contents includes:
1. Executive Summary
2. Logic Nodes Market Characteristics
3. Logic Nodes Market Trends And Strategies
4. Logic Nodes Market – Macro Economic Scenario
5. Global Logic Nodes Market Size and Growth
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32. Global Logic Nodes Market Competitive Benchmarking
33. Global Logic Nodes Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Logic Nodes Market
35. Logic Nodes Market Future Outlook and Potential Analysis
36. Appendix
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