Here we have an in-depth study of the Global “Semiconductor Foundry Market”, which analyzes past as well as recent Semiconductor Foundry Market values along with detailed market information to capture many factors such as market trends, anticipated future market conditions, challenges, risk and various opportunities during the forecast period from 2018 to the upcoming year 2023. It is precisely stated that data about the Semiconductor Foundry market will certainly help stakeholders and other business vendors to get a significant understanding of the handling of the Semiconductor Foundry market globally. All over the world. The report provides a detailed overview of the Semiconductor Foundry Industry and is then segmented on the basis of product type, key manufacturers, applications and regions.
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The global semiconductor foundry market is expected to register a CAGR of 6.68% during the forecast period (2018 – 2023).
The semiconductor foundry market is entirely driven by the demand for semiconductors. These foundries use semiconductor manufacturing equipment to make ICs. Expansion plans of semiconductor manufacturers, coupled with replacement of old semiconductor manufacturing equipment with new equipment, are some of the factors increasing the demand for semiconductor equipment. The rising demand for smartphones and tablets is a major factor impacting the market growth. These devices are increasingly being adopted in emerging markets, leading to increased demand for semiconductor wafers.
Increasing Demand for IoT
The global Internet of Things (IoT) market is growing at a significant rate. A rise in the number of interconnected smart devices over the internet, coupled with advances in sensor technologies, is fueling the adoption of IoT for faster data communication. Favorable support from governments for the adoption of IoT in several industries, coupled with the mass adoption of internet, are driving the adoption of IoT, thereby increasing the growth of the semiconductor foundry market.
Consumer Electronics to Occupy Significant Market Share
Changing consumer preferences, along with the presence of advanced consumer electronic devices, such as LCD and LED TVs is creating the demand for semiconductor devices. Moreover, with the advent of 3D and UHD TVs, the demand for ICs has increased significantly. The availability of low-cost smartphones in emerging markets, such as China and India, and increased access to the Internet, worldwide, are expected to increase the shipment of smartphones.
Asia-Pacific to Occupy Significant Market Share
Asia-Pacific is one of the most active manufacturing hubs in the world. Countries, like China, Japan, South Korea, Indonesia, Singapore, and Australia, have recorded high manufacturing in the consumer electronics and automotive and transportation sector, which is a major source of demand for semiconductor foundry in the region.
Major Players : TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED (TSMC), UNITED MICROELECTRONICS CORPORATION (UMC), GLOBALFOUNDRIES, SAMSUNG ELECTRONICS, SMIC, POWERCHIP TECHNOLOGY5, TOWERJAZZ, FUJITSU SEMICONDUCTOR, VANGUARD INTERNATIONAL, SHANGHAI HUAHONG GRACE SEMICONDUCTOR, , amongst others.
Key Developments in the Market
• March 2018 – Renesas Electronics outsourced its automotive microcontroller production to Taiwan Semiconductor Manufacturing Co., as it seeks to cut costly outlays on chip making machinery.
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Semiconductor Foundry Market Segment by Regions, regional analysis covers:
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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The complete knowledge of Semiconductor Foundry Market is based on the latest industry news, opportunities and trends. Semiconductor Foundry Market research report offers a clear insight about the influential factors that are expected to transform the global market in the near future. Both top-down and bottom-up approaches have been used to estimate and validate the market size of Semiconductor Foundry market, to estimate the size of various other dependent submarkets in the overall market.
The report covers the market landscape and its growth prospects over the coming years, the Report discuss about recent product innovations and gives an overview on potential regional market shares. The report provides complete insights into Industrial Series Analysis, which analyzes the upstream and downstream industries, which contain raw materials and suppliers, equipment and suppliers.
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