London, 18 June 2015: Technavio, the independent tech-focused global research firm, has published a report on the semiconductor market in China 2015-2019, which is expected to grow at a CAGR of 11.8% during the forecast period of 2014-2019.
Market growth is enhanced by the increasing applicability of semiconductors in electronic devices such as smartphones, smart TVs, cameras, and tablets. Semiconductors are used in these devices to improve their efficiency and functionality. Also, the large-scale production of smartphones in China is expected to bolster the demand for semiconductors in the coming years.
“Vendors in the market are focusing on manufacturing miniaturized portable electronic devices that consume less power, taking factors such as integrating different features, reducing the size of semiconductor ICs, and lowering IC power consumption into consideration,” says Faisal Ghaus, Vice President of Technavio.
“At present semiconductors with circuit line widths in the 20 nm range are used in semiconductors. The introduction of ultra-miniature circuits, with line widths in the 10 nm range, has increased their deployment in electronic devices. Therefore, the demand for semiconductors is expected to increase with the increase in product miniaturization.”
Key Market Drivers:
- Increased Adoption in Consumer Electronic Devices.
- Government Initiatives.
- Increase in New Product Development.
- Decline in Cost Per Function.
- Low Labor Cost.
Key Market Trends:
- Demand-Supply Gap.
- Short Replacement Cycle of Electronic Devices.
- Increased Adoption in Telecommunications and Electronic Devices Sector.
- Emergence of Miniaturization in Portable Electronic Devices.
Key Market Vendors:
- Intel Corp.
- Samsung Electronics Co. Ltd.
- SK Hynix Inc.
- Toshiba Corp.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
