Technavio, a tech-focused market research firm, has published a new report on the global semiconductor micro components market, which is expected to grow at a CAGR of close to 2% during the forecast period, 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global semiconductor micro components market into the following key regions: The Americas, APAC, and EMEA.
Source: Technavio
Click here to request a free sample of this report
Top three contributors for the global semiconductor micro components market are elaborated below
Semiconductor micro components market in APAC: The market in APAC is flourishing primarily owing to the presence of several prominent semiconductor foundries, such as Taiwan Semiconductor Manufacturing, United Microelectronics, Samsung, and Semiconductor Manufacturing International in the region. Increased investments made by these manufacturing in building new fabs is anticipated to fuel growth of the market in this region in the coming years.
According to Sunil Kumar Singh, a lead analyst at Technavio, specializing in research on semiconductor equipment, “APAC is also the largest consumer of semiconductor equipment due to the presence of dominant players in the consumer electronics and mobile device industries such as Sony, Samsung, LG, Toshiba, and Panasonic. The growth of the consumer electronics industry is expected to propel the demand for semiconductor micro-components in the region.”
Semiconductor micro components market in the Americas: The US, which is the base for a large number of semiconductor manufacturers, such as GlobalFoundries, Intel, and Texas Instruments, accounts for a majority of the revenue from the semiconductor micro components market in the Americas. During the forecast period, the high penetration of communication devices such as smartphones and tablets is expected to boost the production of semiconductor devices, leading to the growth of the market.
Semiconductor micro components market in the EMEA: The market’s growth in EMEA is relatively slow due to the low concentration of electronic device manufacturers in this region. The sales of semiconductor micro components in EMEA is projected to account for a revenue of more than USD 5 billion by 2021.
Ask an analyst to know more about this report
Leading vendors operating in the global semiconductor micro components market are:
- Intel
- Qualcomm Technologies
- Samsung Semiconductor
- AMD
- Texas Instruments
- Analog Devices
- Fujitsu Semiconductor
A more detailed analysis is available in the Technavio report titled, ‘Global Semiconductor Micro Components Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
To read more press releases – click here
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
https://www.technavio.com/
