The Semiconductor And Other Electronic Component Global Market Report 2023 by The Business Research Company, provides semiconductor and other electronic component market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Semiconductor And Other Electronic Component Global Market Report 2023, the global semiconductor and other electronic component market size grew from $1033.76 billion in 2022 to $1118.21 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The semiconductor and other electronic component market is expected to grow to $1482.28 billion in 2027 at a CAGR of 7.3%.
Semiconductor companies across the globe are seeking to enhance their competitiveness by increasing investment in green semiconductors. The trend mainly aims to reduce energy consumption as well as limit data usage.
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The semiconductor and other electronic component market is segmented:
1) By Type: Semiconductor And Related Devices, General Electronic Components
2) By Application: Automotive, Manufacturing, Other Applications
3) By Sales Channel: OEM, Aftermarket
4) By Mode: Online, Offline
Subsegments Covered: Integrated Circuits, Memory Chips, Microprocessors, Other Semiconductor And Related Devices
Semiconductor companies across the globe are seeking to enhance their competitiveness by increasing investment in green semiconductors. The trend mainly aims to reduce energy consumption as well as limit data usage. For instance, Samsung’s green DRAM is DDR4, which has reduced operating voltage and doubled bandwidth compared to DDR3. Samsung’s DDR4 offers 40 percent increased performance and up to 15% reduced energy consumption compared with DDR3. The Korean tech giant is also planning to develop magneto resistive random-access memory (MRAM) and Phase-change Memory (PRAM) as next-gen green memory solutions. For instance, some of the major companies manufacturing green semiconductors include Samsung Electronics Co. Ltd., Intel Corporation, and QUALCOMM Inc.
The semiconductor and other electronic component market report table of contents includes:
1. Executive Summary
2. Report Structure
3. Semiconductor And Other Electronic Component Market Characteristics
4. Semiconductor And Other Electronic Component Market Product Analysis
5. Semiconductor And Other Electronic Component Market Supply Chain
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26. Semiconductor And Other Electronic Component Market Competitive Landscape
27. Key Mergers And Acquisitions In The Semiconductor And Other Electronic Component Market
28. Market Background: Electronic Products Manufacturing Market
29. Recommendations
30. Appendix
Top Major Players:
- Samsung Electronics Co. Ltd
- Taiwan Semiconductor Mfg. Co Ltd
- SK Hynix Inc
- Qualcomm
- Micron Technology Inc
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